Nelly Secures $51 Million to Revolutionize Healthcare Fintech in Europe

Nelly Secures $51 Million to Revolutionize Healthcare Fintech in Europe
Berlin-based fintech startup Nelly has successfully raised €50 million (approximately $51 million) in a Series B funding round led by Cathay Innovation and Notion Capital. The startup aims to digitize administrative workflows for medical practices, currently working with over 1,200 across Europe. Despite advances in digitalization, more than 50% of appointments are still booked via phone or walk-ins. Nelly's software facilitates online patient onboarding and billing, integrating seamlessly with existing practice management systems. The company plans to expand its services to additional European markets following its recent growth.