Hello! Here’s what happened today in European Tech. Deals – Wise, the UK payments group formerly known as Transferwise, has confirmed plans to go public in what will be the first direct listing of a tech firm in London. The company said it has been profitable since 2017 and sales hit £421 million this year. […]
Hello! Here’s what happened today in European Tech. Deals – 10x Future Technologies, a London-based fintech startup that helps larger, established banks build both next-generation services as well as tools to help their older services work more efficiently, has raised $187 million. – German fashion e-commerce company About You has jumped as much as 17% […]
Hello! Here’s what happened today in European Tech. Deals – Prosus — the international assets holding arm of South African multinational Naspers, has announced today that it has acquired a majority stake in GoodHabitz – a provider of online training for businesses. The deal was completed for approx €212 million. – Oslo’s SNÖ Ventures has […]
Hello! Here’s what happened today in European Tech. Deals – Germany-based online optician Mister Spex has confirmed its plans to go public on the stock exchange. The eyewear retailer targets a Q3 IPO to raise roughly €225 million. – European online fashion platform ABOUT YOU has set the final offer for its private placement at […]
Hello! Here’s what happened today in European Tech. Deals – Stockholm’s BNPL juggernaut Klarna has confirmed a new equity funding round of $639 million led by SoftBank’s Vision Fund 2. With this raise Klarna now clocks in at a post-money valuation of $45.6 billion, a figure that is only eclipsed by Stripe in the fintech […]
Hello! Here’s what happened today in European Tech. Deals – Stockholm-based sustainable lithium-ion battery maker Northvolt has raised $2.75 billion. – Hot on the heels of their $1.1 billion share issue raise, Stockholm’s Sinch has announced its intention to acquire the Melbourne-based firm MessageMedia for $1.1 billion in cash and 1,128,487 new shares in Sinch. […]
Hello! Here’s what happened today in European Tech. Deals – About You, the German fashion e-commerce company that aims to digitalise mall visits by creating a personalised shopping experience on smartphones for young teens, is looking to raise €941 million euros in a Frankfurt IPO. Tuesday’s implied price range of between 21 euros and 26 […]