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.
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.