The German fintech startup Fincompare has raised €2.5 million in seed financing. The investment comes from the VC Speedinvest and Uniqa insurance, both from Austria. Several business angels from Berlin also participated in the round.
The French bank Crédit Mutuel Arkéa has invested €20 million to launch its own fintech startup, Max. The bank wants to use the startup to give customers access to a range of banking and insurance services, personalized financial advice, and other features.
London-based fintech company Zopa, an online lender, has raised £32 million. The investment came from the Indian financial services group Wadhawan Global Capital and Northzone. This brings the total raised by the startup to £80 million.
Swiss fintech start-up Evolute has raised €5.5 million in Series A financing. The investors were not disclosed. Evolute has also just been accepted into the Swiss Startup Factory’s Growth Accelerator Program.
Swiss fintech startup NetGuardians has raised €7.8 million in Series C funding. The investment comes from Swisscom Ventures and Freemont Management.
Spanish bank BBVA has launched an open banking platform by making its APIs publicly available. The BBVA API Market will release eight of the bank’s APIs to companies, startups, and developers to access and integrate customer data into their services, such as customer acquisition and loan origination. The open banking platform will comply with the […]
MortgageGym, a London-based mortgage robo-adviser, has raised a £2 million seed round from Trifecta Capital, China Pacific Capital, and Gaby Salem of Wharton Asset Management. The property tech (or proptech) service, which is regulated by the Financial Conduct Authority (FCA), gives buyers access to free online mortgage application advice and eligibility matching. It plans to […]