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German Fintech Xaver Secures €5M Pre-Seed Funding; Unveils B2B AI Platform to Tackle Pension Gap

German fintech Xaver team collaborates in modern office, showcasing new B2B AI platform after securing €5M pre-seed funding.

Germany-based fintech startup Xaver has successfully raised €5 million in a pre-seed funding round, marking the largest fintech pre-seed funding in Europe for 2024. The company has also launched a B2B AI platform aimed at revolutionizing the life insurance and private pension sectors.

Key Takeaways

A New Era for Life Insurance and Pensions

Xaver's new platform is designed to empower banks, insurers, and brokers by enhancing operational and sales efficiency by up to 65%. The platform leverages AI to offer innovative private pension products, addressing the growing pension gap in Europe.

Investors and Supporters

The €5 million funding round was led by Motive Ventures and Cavalry Ventures. Additional investors include former C-level executives from major banks and insurers, such as Martin Blessing (Commerzbank, UBS), Thomas Münkel (Allianz Group, UNIQA), and Matthias Setzer (Meta, PayPal). Notable founders like Julian Teicke (Wefox) and Raffaele Terrone (Scalapay) also participated.

The Vision Behind Xaver

Max Bachem, Founder and CEO of Xaver, stated, "Xaver’s mission is simple but powerful: Provide people in our society with a financially prosperous future. We believe that pension saving should be accessible, transparent, and cost-efficient for everybody." The company aims to offer AI-driven tools and pension products that provide unprecedented levels of efficiency, convenience, and transparency.

Innovative Solutions

Xaver's platform consists of two main components:

  1. AI-Driven Financial Advisory and Sales Technology: Enhances efficiency and provides personalized digital funnels and AI-powered agent interactions.
  2. White-Labeled Private Pension Products: Introduces the new Pan-European Pension Product (PEPP), expanding partners' product portfolios with cost-effective solutions.

Future Prospects

Xaver is set to revolutionize advisory and sales processes for financial institutions. The platform's AI, Xaver.nova, assists both customers and agents by streamlining processes, ensuring compliance, and enhancing the overall customer experience. The leadership team includes Max Bachem, Ole Breulmann, and Dr. Björn Holste, who bring extensive experience in fintech, AI, and banking.


With its innovative approach and strong backing from prominent investors, Xaver is well-positioned to make a significant impact on the life insurance and pension sectors. The company's focus on AI-driven solutions and customer-centric products aims to address the pressing issue of Europe's pension gap, promising a financially secure future for many.