AI finance platform Moss has been crowned Europe's latest unicorn, securing a €1bn valuation following its €30m Series C funding round.

The company, which offers AI-powered financial services, saw its valuation skyrocket from previous assessments, with reports indicating it was valued at €425m just months ago. The rapid growth underscores investor confidence in Moss's innovative approach to financial technology.

Moss's co-founder and CEO highlighted the company's impressive 322% growth in revenue, emphasizing their focus on expanding market reach and enhancing product offerings. The startup plans to use the new funding to fuel further expansion across European markets and develop additional AI-driven financial tools.

Industry analysts note that Moss represents a growing trend of European fintech companies achieving unicorn status, with the company's success attributed to its unique combination of artificial intelligence and accessible financial services. The funding round was led by prominent investors including HV Capital and Tiger Global, both of whom have previously backed successful tech ventures.