Raylo, a UK company offering a circular leasing model for smartphones, has raised up to £10 million of debt to fuel its next phase of growth. The financing deal was led by Avellinia Capital, with participation from another specialist lender, Clerville Investment Management. About a year ago, the startup raised £2.9 million in seed funding. […]
PrimaryBid, a British fintech platform that connects retail investors with public companies raising capital, has just raised funding of its own, closing a $50 million Series B round. Investors include the London Stock Exchange Group, Draper Esprit, OMERS Ventures, Fidelity International Strategic Ventures and ABN AMRO Ventures. An official partner of the London Stock Exchange, […]
Silverflow, a Dutch fintech startup that will launch early next year, has announced a €2.6 million seed funding round led by UK-based Crane Venture Partners. Other backers include INKEF Capital and angel investors from Pay.On, First Data, Booking.com and Adyen. With this seed round, Silverflow has now raised a total of €3 million. The business’ […]
Insha, a Berlin and Istanbul-based banking startup that dubs itself ‘the account with principles’, has raised €2.5 million in a seed round led by Param, a Turkish payment service provider. The fintech startup will use the funding to expand across Europe, localise and develop its product as it grows, and hire new employees in both […]
Editor’s note: this is a guest post from venture investor and banker Alan Vaksman, who argues that European banks “slept through” the mobile revolution of the mid-2000s, and if they do not wake up, they will be late boarding the “digital currencies” train to boot. He is confident that in order for banks to quickly […]
Palantir, the infamous data analytics firm co-founded by Peter Thiel recently went public, netting another sizeable payday for the PayPal co-founder and early Facebook backer – but while this was going on, one of the funds he co-founded was signing off on yet another deal in Europe. Austrian cryptocurrency exchange Bitpanda announced its $52 million […]
Joko, a French fintech company aiming to disrupt cashback rewards, has raised a €10 million Series A round to begin expanding into other European countries. The funding comes from two French VCs, Partech and Axeleo, who also participated in a €1.6 million seed round last year. Based on the Open Data initiative enabled by the […]