Tot, an Italian FinTech startup focused on streamlining banking for small and medium-sized enterprises (SMEs), has raised €7 million in its Pre-Series A funding round. This brings the company’s total funding to €11 million, including its Seed and Pre-Series A phases.
The latest round was led by CDP Venture Capital SGR, with participation from Azimut Group and X-Equity Venture Club Srl through funds advised by FNDX. Other backers included Club Deal Digital, The Techshop—leaders of Tot’s earlier Seed round—and Banca Sella, a long-time supporter since the Pre-Seed stage. Additional funding came from a group of entrepreneurs and senior executives coordinated by Chapeau Media.
Since its launch, Tot has cemented its position as a promising player in Italy’s FinTech sector, currently serving a client base of over 7,000 businesses. The company has experienced triple-digit growth since 2023 and processed more than €1 billion in transaction volumes in 2024. Tot projects this figure to exceed €2 billion by the close of 2025. Its mission is to tailor business banking specifically to the unique needs of Italian SMEs, easing their administrative and financial challenges.
The fresh capital will be allocated toward advancing Tot’s technology and platform capabilities, with a focus on artificial intelligence and innovative tools to enhance financial management. The company also plans to expand its team by attracting top-tier talent and introducing new features, including improved business card management, team expense tracking, and subscription handling.
With this funding boost, Tot aims to further its goal of providing SMEs with a seamless and efficient banking experience, while continuing to drive innovation in the fast-growing FinTech sector.
