Bulgarian seed stage VC fund LAUNCHub Ventures has closed its new €18 million to invest in startups in Bulgaria and Southeast Europe. Lyuben Belov, one of the firm’s cofounders, said that the region is underserved when it comes to funding: “Our strategy is to become the obvious first choice for entrepreneurs in our region.” With […]
Zagreb-based fintech startup Oradian, which provides services in developing regions has received an investment from German impact investing advisors Finance in Motion. Figures were not disclosed but the equity stake from Finance in Motion is the firm’s first investment in fintech. Oradian’s Saas platform Instafin is used by banks and financial institutions to provide banking […]
Belgian Look & Fin, a crowdlending platform dedicated to SME financing, has completed its first funding round of €3 million. The funding comes from private Belgian and French investors.
Belgian fintech company Virteo has raised €2.2 million in a Series A funding round. Investors include the Flemish fund PMV, which contributed half the amount, together with Sherpa Invest and Ark Angels Fund Activator, which contributed a quarter each.
Finnish company Fuzu has received €1.8 in funding from FinnFund. Fuzu is a mobile-first platform for career development, recruitment and learning. The funding will go towards business development and expansion in emerging markets in Africa and Asia.
Spanish Indexa Capital raised €1 million in equity funding. Investors include Pedro Luis Uriarte, Cabiedes & Partners, Viriditas Ventures, Fides Capital and Luis M. Viceira.
French fintech startup PayCar, a payment solution for the purchase and sale of used vehicles, has raised €1.3 million euros from BNP Paribas.