French fintech startup PayCar, a payment solution for the purchase and sale of used vehicles, has raised €1.3 million euros from BNP Paribas.
Rocket10, a Russian mobile marketing tech startup, has raised $3 million from Finstar Financial Group, which will use the startup’s services across its portfolio of companies. Rocket10, headquartered in Moscow, will use the fresh round of funding to increase its push into the US and Asia, further develop its ad and marketing tech as well […]
A new report from Atomico and Slush analyses the lay of the land for European tech in 2016, and makes a case for why it is poised to thrive.
Five Degrees, a fintech startup based in the Netherlands, has raised €10 million from Karmijn Kapitaal and with participation from 5square and Velocity Capital. Five Degrees plans to use the funding to expand its banking platform internationally and invest in product development.
Israeli social fintech startup PayKey announced the closing of a $6 million Series A funding round. The round was led by e.ventures and Wharton Asset Management, with participation from new investors CommerzVentures, Mastercard and Santander InnoVentures, Digital Leaders Ventures, and existing investor Magma VC.
Turkey’s Paraşüt, a SaaS bookkeeping startup, has raised $2 million in a series B round from Diffusion Capital Partners, 500 Startups, and previous investors Revo Capital and Ribbit Capital. Istanbul-based Paraşüt, or Parachute, develops a cloud-based invoice and financial management platform. It recently announced a partnership with Akbank Direct to allow for bank transfers through […]
German fintech company Figo has raised €6.8 million in a Series B funding round led by DB1 Ventures, the venture capital arm of Deutsche Börse Group, which will take a significant minority stake in the company. A group of unnamed business angels also participated in the round.