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 […]
Paris-based fintech startup Spendesk has raised €2 million in a seed round from Kima Ventures, FundersClub, and several angel investors including Edward Lando, Nicolas Steegmann, and Frédéric Montagnon. During March and June of last year, Spendesk was in beta with a number of customers such as Birchbox, AB Tasty, La Belle Assiette and Tinyclues. The […]
Latvia’s TWINO, a peer-to-peer lending platform, has announced that it has funded €100 million P2P loans in nine countries to date. The P2P lending marketplace has facilitated 6,300 active investors at a return rate of 12.31%. Germany, UK, Latvia, and Eastern Europe were the most active regions with UK investors funding the highest value of […]
Turkish fintech startup iyzico has raised $13 million in a Series C round, led by Vostok Emerging Finance, to boost its push into Europe and the Middle East. World Bank’s International Finance Corporation (IFC), and Turkish fund 212, also participated in the round. “Turkey offers a very rich opportunity set in the payments space, while […]