German fintech platform Bonify has received €5.5 million in Series A funding. The round was led by London’s Mosaic Ventures and Ribbit Capital, with participation from Index Ventures, DN Capital, HW Capital and the founders of Zalando and Raisin.
Financial services giant Deutsche Börse Group has joined the €131.5 million Digital Growth Fund I from Munich-based Digital+ Partners. The fund is targeting growing B2B software companies in Germany with established business models and revenues between €5-25 million. The fund will invest an average of €20-30 million, over several tranches, per company. Deutsche Börse Group […]
Bank API platform TrueLayer has launched its private beta following a $1.3 million funding round from Connect Ventures and Graph Ventures. TrueLayer is a platform that connects fintech developers with traditional banks’ customer information – or “bridging the divide” as it puts it – to implement into their apps while staying within regulations. The API […]
Barcelona-based fintech company ID Finance has raised $50 million in debt financing from several sources. The round includes $15 million from TransKapitalBank, $3 million from Russian food magnate Vadim Dymov, and contributions from For Bank. ID Finance is a balance sheet lender, which provides credit scoring and digital finance services. It launched in Latin American […]
Danish fintech startup Pleo has raised an additional $3.25 million for its seed round, originally announced last year, bringing the total investment to $5.5 million. This round was led by Creandum along with Seedcamp and Founders. The startup, which provides a subscription-based platform for companies to automate expenses, first announced the seed funding round last […]
Austria fintech startup Finnest has announced a funding round of €1 million led by Maxfield Capital along with existing investors Speedinvest and a number of angels. Vienna-based Finnest is a loan platform for SMEs and is currently active in the DACH region with plans to launch in its first non-Germany speaking market in the coming […]
German fintech startup Zeitgold announced the closing of a €4.2 million Seed round. Investors include Holtzbrinck Ventures and the US-based investor Battery Ventures.