Peter Thiel-backed fintech startup Deposit Solutions sells 5% stake to Deutsche Bank, reportedly at ‘unicorn terms’

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 […]

Swedish fintech startup Capcito raises €7 million to help companies with cashflow management

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 […]

UK-based fintech scale-up flatfair raises over £9 million to become “the Paypal of property rental”

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, […]