TotallyMoney, the UK fintech offering credit solutions, has raised £5 million growth funding from Silicon Valley Bank (SVB). The London-based company wants to make financial and credit management accessible through its platform. It has acquired over 2.5 million customers since 2017 when it launched its free credit report, now the highest rated on Trustpilot. “We’re […]
Startupbootcamp Amsterdam will list its next fintech accelerator on the Rabo&Crowd funding platform, which is powered by Nxchange, a next generation stock exchange. The broader public can now invest in the first publicly-traded startup accelerator, SBC Fintech Amsterdam 1921. Would-be investors are eligible for tickets of €37.500, for which they receive 1000 depository receipts which […]
Lemon Way, a Paris-based payment processor for marketplaces and crowdfunding platforms, has raised €25 million from Toscafund Asset Management. Bootstrapped for twelve years, this is the company’s second investment round to strengthen and expand its presence across Europe. Lemon Way offers payment processing, wallet management, and third-party payments. The platform serves 1,400 marketplaces and partners […]
German fintech CrossLend has announced a €35 million Series B round led by Santander InnoVentures with support from existing investors Earlybird, ABN Amro Ventures, and Lakestar. The investment will accelerate the company in its mission to make the world’s capital markets more efficient. Founded in 2014, the Berlin-based startup provides a digital debt marketplace for […]
TrueLayer, the London-based provider of financial APIs, announced that it is expanding to Australia, making it the first European open banking specialist to establish a presence in the APAC region. The company already plans to expand further to Hong Kong and Singapore. Two fortuitous events in 2019 have laid the foundation for this move across […]
Deutsche Bank has acquired a roughly 4.9 percent stake in Hamburg-based fintech startup Deposit Solutions, which counts Peter Thiel, Greycroft, Kinnevik and e.ventures among its earlier backers. Neither company disclosed the exact terms and volume of the investment, but Handelsblatt reported earlier this morning that the deal gives Deposit Solutions a valuation of around €1 […]
Capcito, a Stockholm-based fintech upstart that provides its business clients with fast cash whenever they’re in the market for temporary working capital, has secured €7 million in funding from Schibsted Growth and pan-European VC Ventech. The new investors are joining Capcito owners SEB Venture Capital and Collector Ventures to support the company’s next stage of […]