StartupBlink

16 Top startups in Funchal for June 2026

We rank Fasqon, Mobmio and APOLO P2P in Funchal along with 13 other startups based on an algorithm that scores startups based on total investment, employee count, and quarterly website traffic. Funchal startup ecosystem ranks #1047 globally and #8 in Portugal.

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Best Startups in Funchal for 2026

SB Score:275

Fasqon is a crypto-native neobank bridging Web3 and traditional finance for freelancers, creators, and digital entrepreneurs. Backed by Bison Bank (EU) and a network of Tier-1 fintech partners, Fasqon enables users to send, swap, and spend globally — combining real-time fiat–crypto payments, AI-powered financial tools, and DeFi yields in one platform. Its token, $FSQN (BNB Chain), is backed by real fintech revenue, with 25% of earnings allocated to buybacks and burns, ensuring sustainable value creation. With compliance-first architecture, social banking features, and global payment capabilities, Fasqon aims to redefine how the digital generation banks, invests, and earns. Key Features: • FasPay — a real-time payments system • Instant SEPA transfers up to €100K • Seamless crypto-fiat transactions within one app. • Regulated European banking rails. • Fast, compliant, borderless payments for the digital assets and stablecoin economy • DeFi yields, rewards and incentives for users

Industry:
Fintech
Subindustry:
Blockchain

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SB Score:220

Mobmio is a fast growing mobile performance network that specialises in user acquisition for mobile apps and monetisation services for publishers.

Industry:
Software & Data
Subindustry:
Apps

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SB Score:165

APOLO is an innovative peer-to-peer (P2P) cryptocurrency learning platform that effectively capitalizes on current trends and growth in the global e-learning industry. We combine the accessibility and efficiency of online learning with insightful educational tutor content in the fast-growing blockchain space. Together, our e-learning services enable anyone around the world – from crypto novice to master – to build new skills and technical expertise.

Industry:
Fintech
Subindustry:
Blockchain

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SB Score:150

PLUTOS is a pet food manufacturer that specializes in the making of chewable dog treats for better health and well-being for dogs. The company's products are made from Casein, which cleans and promotes dental protection against bacteria. Casein also slows digestibility and promotes fat loss because it increases metabolism and the feeling of satisfaction.

Industry:
Foodtech
Subindustry:
Agtech

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SB Score:83

Katchit is a mixed reality play to earn game where players explore the real world and catch items for their digital collection. All items do not exist physically and at any time of the player can exchange the digital article for the actual article. If the user catches a nightgown or a mobile phone is already his and can get up in the store or order the shipping for any location.

Industry:
Marketing & Sales
Subindustry:
Content Marketing

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SB Score:55

QOTEQ (www.qoteq.com) - Universal Business Operating System. It’s the new generation of business management software (platform) that will integrate all existing business applications, allowing our customers to maintain and foresee their business easier, using ONE software system instead of a messy and infinitely growing jumble of mismatched applications that create confusion and degrade operational effectiveness. Our product also allows business employees to “code” with business terms without skills in programming.

Industry:
Software & Data
Subindustry:
SaaS

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SB Score:54

Zero One Zero offers digital marketing services. They provide digital marketing services including digital strategy, content strategy, and social media management. They provide web design and web development services.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

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SB Score:48

Yacooba offers a real-time travel package builder for event-goers. They also provide deals for event tickets, travel, hotels, and more. They develop a decentralized event ticket selling protocol that can be used by an event producer, ticketing company, travel agency, or booking agency. The company's contact modes are mail, phone, and physical address.

Industry:
Fintech
Subindustry:
Blockchain

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SB Score:36

Set up in 2000 as one of the first guided walking companies in Madeira, we want to grow our product offering and market distribution. We have already started successfully promoting other activities including: whale & dolphin watching, horse ridding, diving, canyoning, bird watching. We want now to promote the destination as an all year activity destination in Europe, not only through more distribution partners but also through direct online sales and online and offline advertising.

Industry:
Social & Leisure
Subindustry:
Travel

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SB Score:33

Guestly is the most advanced hotel guest engagement mobile system, designed to boost guest satisfaction and hotel cross selling.

Industry:
Social & Leisure
Subindustry:
Travel

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Total amount:16

SB Score:275

Fasqon is a crypto-native neobank bridging Web3 and traditional finance for freelancers, creators, and digital entrepreneurs. Backed by Bison Bank (EU) and a network of Tier-1 fintech partners, Fasqon enables users to send, swap, and spend globally — combining real-time fiat–crypto payments, AI-powered financial tools, and DeFi yields in one platform. Its token, $FSQN (BNB Chain), is backed by real fintech revenue, with 25% of earnings allocated to buybacks and burns, ensuring sustainable value creation. With compliance-first architecture, social banking features, and global payment capabilities, Fasqon aims to redefine how the digital generation banks, invests, and earns. Key Features: • FasPay — a real-time payments system • Instant SEPA transfers up to €100K • Seamless crypto-fiat transactions within one app. • Regulated European banking rails. • Fast, compliant, borderless payments for the digital assets and stablecoin economy • DeFi yields, rewards and incentives for users

Industry:
Fintech
Subindustry:
Blockchain

City Rank (Funchal)

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Regional Rank (Western Europe)

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SB Score:220

Mobmio is a fast growing mobile performance network that specialises in user acquisition for mobile apps and monetisation services for publishers.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Funchal)

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Regional Rank (Western Europe)

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SB Score:165

APOLO is an innovative peer-to-peer (P2P) cryptocurrency learning platform that effectively capitalizes on current trends and growth in the global e-learning industry. We combine the accessibility and efficiency of online learning with insightful educational tutor content in the fast-growing blockchain space. Together, our e-learning services enable anyone around the world – from crypto novice to master – to build new skills and technical expertise.

Industry:
Fintech
Subindustry:
Blockchain

City Rank (Funchal)

0

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Regional Rank (Western Europe)

0

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Global Rank (WorldWide)

0

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Total amount:16

SB Score:275

Fasqon is a crypto-native neobank bridging Web3 and traditional finance for freelancers, creators, and digital entrepreneurs. Backed by Bison Bank (EU) and a network of Tier-1 fintech partners, Fasqon enables users to send, swap, and spend globally — combining real-time fiat–crypto payments, AI-powered financial tools, and DeFi yields in one platform. Its token, $FSQN (BNB Chain), is backed by real fintech revenue, with 25% of earnings allocated to buybacks and burns, ensuring sustainable value creation. With compliance-first architecture, social banking features, and global payment capabilities, Fasqon aims to redefine how the digital generation banks, invests, and earns. Key Features: • FasPay — a real-time payments system • Instant SEPA transfers up to €100K • Seamless crypto-fiat transactions within one app. • Regulated European banking rails. • Fast, compliant, borderless payments for the digital assets and stablecoin economy • DeFi yields, rewards and incentives for users

Industry:
Fintech
Subindustry:
Blockchain

City Rank (Funchal)

0

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Regional Rank (Western Europe)

0

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Global Rank (WorldWide)

0

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SB Score:220

Mobmio is a fast growing mobile performance network that specialises in user acquisition for mobile apps and monetisation services for publishers.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Funchal)

0

View

Regional Rank (Western Europe)

0

View

Global Rank (WorldWide)

0

Browse
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SB Score:165

APOLO is an innovative peer-to-peer (P2P) cryptocurrency learning platform that effectively capitalizes on current trends and growth in the global e-learning industry. We combine the accessibility and efficiency of online learning with insightful educational tutor content in the fast-growing blockchain space. Together, our e-learning services enable anyone around the world – from crypto novice to master – to build new skills and technical expertise.

Industry:
Fintech
Subindustry:
Blockchain

City Rank (Funchal)

0

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Regional Rank (Western Europe)

0

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Global Rank (WorldWide)

0

Browse
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Total amount:16

SB Score:275

Fasqon is a crypto-native neobank bridging Web3 and traditional finance for freelancers, creators, and digital entrepreneurs. Backed by Bison Bank (EU) and a network of Tier-1 fintech partners, Fasqon enables users to send, swap, and spend globally — combining real-time fiat–crypto payments, AI-powered financial tools, and DeFi yields in one platform. Its token, $FSQN (BNB Chain), is backed by real fintech revenue, with 25% of earnings allocated to buybacks and burns, ensuring sustainable value creation. With compliance-first architecture, social banking features, and global payment capabilities, Fasqon aims to redefine how the digital generation banks, invests, and earns. Key Features: • FasPay — a real-time payments system • Instant SEPA transfers up to €100K • Seamless crypto-fiat transactions within one app. • Regulated European banking rails. • Fast, compliant, borderless payments for the digital assets and stablecoin economy • DeFi yields, rewards and incentives for users

Industry:
Fintech
Subindustry:
Blockchain

City Rank (Funchal)

0

View

Regional Rank (Western Europe)

0

View

Global Rank (WorldWide)

0

Browse
View full page
SB Score:220

Mobmio is a fast growing mobile performance network that specialises in user acquisition for mobile apps and monetisation services for publishers.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Funchal)

0

View

Regional Rank (Western Europe)

0

View

Global Rank (WorldWide)

0

Browse
View full page
SB Score:165

APOLO is an innovative peer-to-peer (P2P) cryptocurrency learning platform that effectively capitalizes on current trends and growth in the global e-learning industry. We combine the accessibility and efficiency of online learning with insightful educational tutor content in the fast-growing blockchain space. Together, our e-learning services enable anyone around the world – from crypto novice to master – to build new skills and technical expertise.

Industry:
Fintech
Subindustry:
Blockchain

City Rank (Funchal)

0

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Regional Rank (Western Europe)

0

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Global Rank (WorldWide)

0

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Total amount:16

Most Funded Startups in Funchal for 2026

The top three most funded startups in Funchal have raised total funding of more than USD 2M. Fasqon has 1.60% more funding than Mobmio.
SB Score:275

Fasqon is a crypto-native neobank bridging Web3 and traditional finance for freelancers, creators, and digital entrepreneurs. Backed by Bison Bank (EU) and a network of Tier-1 fintech partners, Fasqon enables users to send, swap, and spend globally — combining real-time fiat–crypto payments, AI-powered financial tools, and DeFi yields in one platform. Its token, $FSQN (BNB Chain), is backed by real fintech revenue, with 25% of earnings allocated to buybacks and burns, ensuring sustainable value creation. With compliance-first architecture, social banking features, and global payment capabilities, Fasqon aims to redefine how the digital generation banks, invests, and earns. Key Features: • FasPay — a real-time payments system • Instant SEPA transfers up to €100K • Seamless crypto-fiat transactions within one app. • Regulated European banking rails. • Fast, compliant, borderless payments for the digital assets and stablecoin economy • DeFi yields, rewards and incentives for users

Industry:
Fintech
Subindustry:
Blockchain

City Rank (Funchal)

0

View

Regional Rank (Western Europe)

0

View

Global Rank (WorldWide)

0

Browse
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SB Score:220

Mobmio is a fast growing mobile performance network that specialises in user acquisition for mobile apps and monetisation services for publishers.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Funchal)

0

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Regional Rank (Western Europe)

0

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Global Rank (WorldWide)

0

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SB Score:150

PLUTOS is a pet food manufacturer that specializes in the making of chewable dog treats for better health and well-being for dogs. The company's products are made from Casein, which cleans and promotes dental protection against bacteria. Casein also slows digestibility and promotes fat loss because it increases metabolism and the feeling of satisfaction.

Industry:
Foodtech
Subindustry:
Agtech

City Rank (Funchal)

0

View

Regional Rank (Western Europe)

0

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Global Rank (WorldWide)

0

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Total amount:16

Top Hiring Startups in Funchal by Employee Number

The top three hiring startups in Funchal have an median employee size that is between [11-50]
SB Score:275

Fasqon is a crypto-native neobank bridging Web3 and traditional finance for freelancers, creators, and digital entrepreneurs. Backed by Bison Bank (EU) and a network of Tier-1 fintech partners, Fasqon enables users to send, swap, and spend globally — combining real-time fiat–crypto payments, AI-powered financial tools, and DeFi yields in one platform. Its token, $FSQN (BNB Chain), is backed by real fintech revenue, with 25% of earnings allocated to buybacks and burns, ensuring sustainable value creation. With compliance-first architecture, social banking features, and global payment capabilities, Fasqon aims to redefine how the digital generation banks, invests, and earns. Key Features: • FasPay — a real-time payments system • Instant SEPA transfers up to €100K • Seamless crypto-fiat transactions within one app. • Regulated European banking rails. • Fast, compliant, borderless payments for the digital assets and stablecoin economy • DeFi yields, rewards and incentives for users

Industry:
Fintech
Subindustry:
Blockchain

City Rank (Funchal)

0

View

Regional Rank (Western Europe)

0

View

Global Rank (WorldWide)

0

Browse
View full page
SB Score:220

Mobmio is a fast growing mobile performance network that specialises in user acquisition for mobile apps and monetisation services for publishers.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Funchal)

0

View

Regional Rank (Western Europe)

0

View

Global Rank (WorldWide)

0

Browse
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SB Score:165

APOLO is an innovative peer-to-peer (P2P) cryptocurrency learning platform that effectively capitalizes on current trends and growth in the global e-learning industry. We combine the accessibility and efficiency of online learning with insightful educational tutor content in the fast-growing blockchain space. Together, our e-learning services enable anyone around the world – from crypto novice to master – to build new skills and technical expertise.

Industry:
Fintech
Subindustry:
Blockchain

City Rank (Funchal)

0

View

Regional Rank (Western Europe)

0

View

Global Rank (WorldWide)

0

Browse
View full page
SB Score:150

PLUTOS is a pet food manufacturer that specializes in the making of chewable dog treats for better health and well-being for dogs. The company's products are made from Casein, which cleans and promotes dental protection against bacteria. Casein also slows digestibility and promotes fat loss because it increases metabolism and the feeling of satisfaction.

Industry:
Foodtech
Subindustry:
Agtech

City Rank (Funchal)

0

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Regional Rank (Western Europe)

0

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Global Rank (WorldWide)

0

Browse
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Total amount:16

Explore the Startup Ecosystem of Funchal

National Rank

(Portugal)

8th

1

Regional Rank

(Western Europe)

364th

8

Global Rank

(WorldWide)

1047th

6

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Top Cities for Startups in Portugal - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
2026 National Rank CityGlobal RankTotal ScoreAnnual GrowthQuantity ScoreQuality ScoreBusiness Score
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