iBanFirst tech.eu

Brussels-based iBanFirst scores €21 million to expand financial services platform for SMEs

Brussels-based fintech startup iBanFirst has raised a €21 million Series C round, led by Elaia and Bpifrance Large Venture, to expand its financial services platform for SMEs. Specifically the platform enables B2B payments in multiple currencies. “The fintech sector, and especially the international payments sector, is on course to becoming one of the clear winners […]

Dutch bank spin-off Cobase banks €10 million from two other banks for its multi-banking solution

Amsterdam-based fintech startup Cobase, spun out of the Dutch financial services group ING after participating in its accelerator program, has secured €10 million in Series A funding to boost the development of its multi-banking platform and further expand its network of commercial partners. Cobase offers a single platform for corporate customers to access all their […]

Wahed tech.eu

London’s Wahed, an investment platform that aligns with Shari’ah Islamic values, raises $25 million

Wahed, a London-based Islamic investment platform, has closed a $25 million round led by Saudi Aramco Entrepreneurship Ventures (also known as Wa’ed Ventures), the venture capital investment arm of Saudi Aramco. The round included existing investors BECO and Cue Ball Capital, as well as Dubai Cultiv8 and Rasameel. The funding will largely go to developing […]

vivid tech.eu

Berlin-based Vivid Money launches digital banking services in Germany

Vivid Money, a Berlin-based digital banking service, is launching today in partnership with solarisBank and Visa. The company claims to be the first mobile-first full-service banking solution, offering cashback programs, sub-accounts in foreign currencies and eventually, investment products, in a single app. Founded in 2019 by Artem Yamanov and Alexander Emeshev, the fintech company already […]

(L-R) Tink co-founders Daniel Kjellén (CEO) and Fredrik Hedberg (CTO)

Swedish open banking startup Tink takes funding from PayPal (again)

Stockholm-founded cloud-based open banking platform Tink has announced that it’s raised strategic funding from the US payment giant PayPal. The startup did not disclose the amount, but this is the second time PayPal injects money in Tink; back in June 2019, it already invested €10 million through PayPal Ventures. Founded in 2012 as a bank […]