Swedish e-commerce payments company Klarna is acquiring Germany’s BillPay. Sky News is reporting the deal is worth £60 million. The UK’s Wonga had owned BillPay, another online payments company which operated in Austria, Germany, Switzerland and the Netherlands. “Germany is one of the largest e-commerce markets in the world, and we are delighted to have […]
French fintech startup Yomoni, an online banking and wealth management service that utilizes robo-advisers, raised €5 million from Crédit Mutuel Arkéa and Iéna Venture.
London-based Trussle, an online mortgage broker, announced it has received a €5.27 million in a funding round led by Orange Growth Capital. Trussle will use the investment to further develop its product.
Spotcap has announced a new partnership with New Zealand’s Heartland Bank and raised €14 million in debt funding from the NZX-listed bank. With this funding and partnership, Spotcap is launching its SME loan platform in New Zealand, its fifth market to date. “Both parties plan to strengthen this partnership, and as it becomes more established […]
European FinTech startups are invited to apply for The FinLab’s accelerator programme in Singapore to help bring their ideas to market.
German deposit marketplace Raisin has raised €30 million in a Series C round led by New York fund Thrive Capital with participation from Ribbit Capital and Index Ventures. Raisin will invest the funds back into the product and its ongoing internationalisation by launching in Italy soon. It recently launched in Spain, bringing its reach to […]
The UK’s Cuvva, a “pay as you drive” car insurance service, is launching today with £1.5 million in funding led by LocalGlobe. Cuvva’s model of insurance, it said, is for drivers that own a car but don’t drive it regularly. There are around six million such cars in the UK, according to the Department for […]