Lunar Way, the Denmark-based banking app, has received €26 million in a new funding round led by SEED Capital, and has obtained a European banking license in the process. The fintech startup plans to use the fresh capital to accelerate the development of their new Nordic bank and its growth in the Danish, Swedish and […]
British fintech scale-up flatfair has raised over £9 million in a funding round led by Index Ventures to expand its deposit-free renting platform. The company plans to use the capital to hire a significant number of product engineers, data scientists, and business development specialists who will create and develop new features and services. Before flatfair, […]
Klarna, the Sweden-born payments and banking service provider, has raised $460 million in an equity funding round at a post-money valuation of $5.5 billion, the company announced today. The company points out that the valuation makes it the largest private fintech company in Europe. Be that as it may, its financing round is the latest […]
Berlin, Germany-based Penta, which offers a digital financial services platform for businesses, has raised a funding round led by HV Holtzbrinck Ventures that exceeds €8 million. Fabrick and Finleap, which actually acquired Penta earlier this year, also participated in the round, which will help the Berlin startup break new ground. With a team of now […]
Heidelpay, a payment processing provider for online shops and marketplaces, and its majority shareholder AnaCap Financial Partners, have reached an agreement with investment firm KKR, which will acquire a majority stake in the German payments group for more than €600 million, as reported by the Financial Times. The founder and CEO of heidelpay, Mirko Hüllemann, […]
Upgrade Pack, an app that provides exclusive flight and hotel upgrades as part of a loyalty-based membership, has announced a new investment of £1.3 million, bringing total funds raised since the startup’s launch a year ago to £3.4 million. The recent financing round was led by a British investment firm Havisham Group, with the capital […]
Bitwala, a Berlin-based provider of crypto banking services, has raised €13 million in Series A funding from a group of international investors in a round led by Sony Financial Ventures/Global Brain and NKB Group. Half the round comes from prior backers Earlybird and coparion. Founded in 2015, Bitwala says it is currently the only provider […]