Pomelo Pay tech.eu

UK-based Pomelo Pay collects over £2 million in seed funding

Digital payments startup Pomelo Pay has secured a £2.1 million investment in a seed round led by Force Over Mass. The funding will help the UK company build on its international reach, expanding across Europe and Asia through its offices in London and Singapore. The fintech provider allows businesses to take payments from anyone, in […]

Bitwala tech.eu

Berlin-based Bitwala secures €15 million to expand its crypto services

Berlin-based crypto services startup Bitwala has announced another €15 million in funding after closing a €13 million Series A last year. The recent round was led by Earlybird, with participation from Coparion, Global Brain and other investors. Founded in 2015 and dubbed a “bank for the blockchain economy”, the German company now reports having 150,000 […]

TransferGo tech.eu

London’s TransferGo secures £4 million in financing for cross-border payments platform

London-based fintech startup TransferGo has received £4 million in financing from Silicon Valley Bank UK Branch (SVB) to expand its real-time payments platform for consumers, SMEs and enterprise clients. The company started in 2012 as a money transfer service and has since shifted its focus to payments, specifically cross-border payments and remittances. The platform now […]

Italian fintech startup Satispay raises €93 million from Tencent, Jack Dorsey’s Square and others

Milan, Italy-based mobile/digital payment platform Satispay has secured €93 million euros in funding in a Series C round co-led by Tencent, Square, Telecom Italia’s TIM Ventures, LGT Lightstone and other investors. Square, the payments company run by Jack Dorsey, has reportedly invested about €15 million in the round. After the investment round, the post-money valuation […]

Fireblocks tech.eu

Israeli-born Fireblocks raises $30 million Series B

Fireblocks, an Israeli-born company helping enterprises adopt and manage digital assets, has raised $30 million in a Series B round. Paradigm led the round and was joined by existing investors Cyberstarts, Tenaya Capital, Swisscom, Galaxy Digital, Digital Currency Group and Cedar Hill Capital. Essentially, Fireblocks helps enterprises and other institutions expand their businesses by moving […]

OakNorth signs SMBC as a customer; Japanese bank invests $30 million in the UK fintech

Sumitomo Mitsui Banking Corporation (SMBC) one of Japan’s leading banks – and one of the word’s largest commercial lenders – has invested $30 million into UK challenger bank OakNorth through a secondary transaction. SMBC today also announced that it has become an OakNorth customer, deploying its ‘Credit Intelligence’ software to enhance its commercial lending proposition […]