Financial management app Cleo has raised £2 million led by Local Globe’s Robin Klein with participation from Atomico CEO Niklas Zennström and Albion founder Jason Goodman. Launched in January, Cleo uses AI to monitor your bank accounts and manage your money. According to the company, it’s currently managing £400 million in assets where it handles […]
UK fintech startup Aire has raised $5 million in a Series A round led by Sunstone Capital with participation from White Star Capital. The startup also announced partnerships with online lender Zopa and Toyota Financial Services. The new funding will fuel the startup’s expansion outside of the UK. Aire develops AI-based solutions for carrying out […]
UK-based fintech startup Receipt Bank, which creates accounting technology, has raised $50 million in a Series B financing round from the New York-based Insight Venture Partners.
Russian private equity firm Finstar has announced plans to invest $150 million in fintech startups over the next five years. Finstar will invest between $500,000 and $30 million in three to six deals a year in seed and Series A rounds, said Oleg Boyko, chairman of Finstar (pictured). The firm isn’t new to fintech investments, […]
Cyprian fintech startup Capital.com has raised $25 million from Larnabel Enterprises and VP Capital and launched its mobile trading app. The Capital.com app allows investors to trade financial products and receive updates from its patent-pending Smart Feed with news, analysis, and research based on user behaviour. The app, the company claims, uses AI to detect […]
FinLeap, the fintech venture hub, has raised €39 million led by financial services firm Signal Iduna, Japan’s SBI Group, NIBC Bank, and existing investor Hannover Re. The Berlin-based startup builder recently relocated to a new headquarters in the city. The location is also the home of de:hub, a government initiative to foster fintech companies and […]
Curve, a London-based fintech startup, raised $10 million in a Series A financing round. The investors included Santander InnoVentures, Investec, Connect Ventures, Speedinvest, Oxford Capital, Breega Capital, Samos Investments, as well as several business angels.