Barcelona-based Web2wave has raised €330k in Seed funding to expand its web-to-app monetization platform, allowing developers to avoid app store fees and maintain revenue control.
Barcelona’s Web2wave has announced a €330k Seed funding round to scale its web-to-app monetization platform. The startup aims to help developers bypass app store fees and retain full control over their revenue streams. According to the company’s press release, the platform currently processes €1.55 million monthly and targets indie app creators in Europe and North America.
Web2wave’s funding and platform growth
Web2wave, a Barcelona-based startup, has secured €330,000 in Seed funding to expand its innovative web-to-app monetization platform. The investment round was led by several angel investors, as confirmed by the company’s press release. This funding will enable the startup to enhance its platform, which already processes €1.55 million in monthly transactions.
Challenging app store fee structures
The company’s platform offers developers an alternative to traditional app store distribution by providing direct payment processing and comprehensive analytics. This approach allows creators to avoid the 15-30% fees typically charged by major app stores. Web2wave’s CEO stated in the announcement that their solution gives developers ‘full control over their revenue and customer relationships.’
Currently focusing on the European and North American markets, Web2wave reports growing interest from indie developers and small studios looking for more profitable distribution channels. The company plans to use the new funding to expand its team and develop additional features for its platform.