Raisin acquires Manchester’s PBF Solutions to enter UK market

German-based fintech company Raisin has acquired UK financial services company PBF Solutions. No terms were disclosed. Raisin is a deposit marketplace. The acquisition of Manchester-based PBF Solutions will bring the solution to the UK market, said its CEO Tamaz Georgadze. Despite Brexit and market volatility, Raisin is committed to the UK, he said. The PBF […]

Parisian luxury vacation rental platform Le Collectionist raises $10 million

French startup Le Collectionist, a vacation rental platform for luxury homes, has raised $10 million in a Series B round. Half of the investment comes from the new Red River West fund, backed by the Pinault family, which is known for its investment in luxury companies. The startup previously raised a round of €2 million at the end of 2015.

Finnish adtech firm Smartly.io raises $20 million from Highland Europe

Smartly.io, a Finnish-founded adtech company has raised $20 million led by Highland Europe. Smartly develops SaaS-based automation tools, such as Creative Automation, for carrying out Facebook and Instagram ad campaigns. According to the company, it has been profitable for two years. Its clients include eBay, Zillow, SkyScanner, and Deliveroo who use the solution to run […]

Belgian marketing platform Sortlist acquires The Briefers, opens Madrid office

Belgian marketing platform Sortlist has acquired its Spanish competitor The Briefers and opened an office in Madrid. No terms were disclosed. Sortlist, which has raised €550,000, has already launched its services in Belgium, the Netherlands, and France with a view to expanding across Europe. “The Spanish market is very open, and we have a lot […]

GoCardless raises further $22.5 million from Accel and more

London fintech firm GoCardless has raised $22.5 million led by Accel with participation from existing investors Balderton Capital, Notion, and Passion. GoCardless is an international payments solution for businesses to accept recurring payments globally and in any currency. The injection of new cash will be used to enable more markets to make and accept payments […]

Bitcoin exchange Luno raises $9 million to further global expansion

Cryptocurrency exchange Luno has raised $9 million in a Series B round led by Balderton Capital with participation from South Africa’s AlphaCode and new investors Digital Currency Group, a regular backer of cryptocurrency startups. Based in London and formerly known as BitX until January of this year, the company is expanding its bitcoin exchange services […]

Biotech news site Labiotech.eu raises further seed funding

Labiotech.eu, a biotech news resource based in Berlin has secured a funding round from Swiss firm Wille AG, Indiana Capital, JOT-Berlin, and Iduskia alongside a number of previous investors. The investment figure has not been disclosed. The biotech news site and event organiser’s “six-figure seed round” follows a similar investment from last year, which will […]