German-Israeli company Fraugster, which uses AI to eliminate payment fraud in online transactions, has raised €4.7 million in funding. The funding came from new investor Earlybird, alongside existing investors Speedinvest, Seedcamp and a large Swiss family office.
Lending platform Funding Circle has raised $100 million (£82 million) in a fresh funding round led by Accel along with several other investors. Investors in the round include Baillie Gifford, DST Global, Index Ventures, Ribbit Capital, Rocket Internet, Sands Capital Ventures, Temasek, and Union Square Ventures – all previous investors. Funding Circle, based in London, […]
London-based fintech startup CompareEuropeGroup, has closed a €20 million Series A funding round. The investors include private equity platform ACE & Company, Pacific Century Group, Nova Founders Capital, SBI Holdings, Mark Pincus, Peter Thiel, and others.
Swedish fintech company iZettle has raised €60 million in new funding and appointed Maria Hedengren as its new CFO. The new funding is an extension on its Series D round from existing investors along with debt funding from Victory Park Capital. The money will be used for further product expansion and growth for its smartphone-enabled […]
London-based Babel Systems, a processing platform for equities and bonds, has been acquired by Californian financial software provider InvestCloud for $20 million.
French fintech startup Bankin’, an app that facilitates money management, announced the closing of a third round of €7 million. The round was led by Omnes Capital, with participation from CommerzVentures, NewTech Generation and business angels. The company had already raised €1.4 million in 2015. The new investment brings the total raised to €8.4 million
UK fintech firm Nutmeg has raised £12 million in a Series D funding round led by Taipei Fubon Bank.