Editor’s note: this is a guest post from venture investor and banker Alan Vaksman, who argues that European banks “slept through” the mobile revolution of the mid-2000s, and if they do not wake up, they will be late boarding the “digital currencies” train to boot. He is confident that in order for banks to quickly […]
Amsterdam-based fintech startup Cobase, spun out of the Dutch financial services group ING after participating in its accelerator program, has secured €10 million in Series A funding to boost the development of its multi-banking platform and further expand its network of commercial partners. Cobase offers a single platform for corporate customers to access all their […]
UK-based Atom Bank, an app-based bank, has raised £83 million. The investment came from the Spanish bank BBVA, Toscafund, and Neil Woodford. BBVA now holds a 29.5 percent stake in the company. The financial times reports that the startup has now raised a total of £219 million to date.