Hello world, we’ve got news, big news. The Portuguese startup MagniFinance, who was part of the last edition of Lisbon Challenge, got an investment of €100.000 by Caixa Capital. The platform that helps companies manage their finances effectively, will now compete with other startups at Gala Caixa Empreender to land an additional €100.000. The Gala Caixa Empreender, organised by our partner Caixa Geral de Depósitos, will be held at Culturgest in Lisbon, next Tuesday (January 27th) and it will gather some of the top investors. Make sure you don’t miss it, register here for the event!

MagniFinance, was one of the top startups and no wonder why, they’re product is super useful. Their goal is to reduce the time that companies spend managing their finances to just 5 daily minutes. But how can that be? Well, they have built an application that automatically synchronises different bank accounts, allowing you to issue invoices, check your list of suppliers and track your expense/revenue while predicting your future values in a simple simulation. It’s very easy to use and you can access it anywhere!

After joining Lisbon Challenge for the 3 month acceleration program and landing the first 100K in investment by Caixa Capital, MagniFinance will now compete against top startups for the Caixa Empreender Award of €100.000. The event gather some of the top investors and key players from the Portuguese and European startup scene. You’ll have interesting talks and panels about the Portuguese ecosystem and about funding and investment both in Portugal and abroad. Besides MagniFinance, you’ll have other Lisbon Challenge alumni sharing their stories such as Uniplaces, PharmAssistant, Zercatto, MY.SKINMIX, Egg Electronics and MYGON. Save the date and register here to attend!

Impressed? Well, this could be you in a few months. Apply to Lisbon Challenge and get your startup moving with the most international accelerator in Europe.