Estonian fintech Viacurrent raises investment from Rockstart and Kristjan Novitski

Estonian fintech Viacurrent has received investment from Amsterdam-based accelerator Rockstart and Estonian angel investor Kristjan Novitski.

Founded in Tallinn by Hendrik Ojamaa, Arnold Veltmanna, Lemmo L., and Johannes Oopik, Viacurrent allows employees to track their completed shifts in an application, access the money for the shifts already worked, and transfer it to their bank. Viacurrent fully funds these payments.

The employer transfers the employee's salary to a special Viacurrent account, returning the salary payments. The employee receives the remaining salary after deducting the salary advances and transfer fees.

Viacurrent integrates with employers' payroll and timekeeping software. To register an employee in Viacurrent, you need to enter the employee's data, name, bank account details, and email address.

Kristjan Novitski is an Estonian investor and entrepreneur, who left Estonian beauty marketplace Stebby in June 2024, which was acquired by the French payment solutions company Up Group. Kristjan Novitski is also the founder of the financial broker Finceptiv.

Founded in Amsterdam in 2011 by Oscar Kneppers, Koen Wagemakers, Rune Theill, and Don Ritzen, Rockstart is an investment fund and accelerator that invests in early-stage startups. One of its investment areas is emerging tech, which includes Viacurrent in its portfolio. This area focuses on startups in the fields of ML / AI, computer vision, web3 & blockchain, biometrics, etc. The Managing Partner of Rockstart Emerging Tech is Michael Bjørnlund. Rockstart can act as a co-invest in deals up to Series B. The accelerator has invested in more than 350 startups.