Tallinn-based Startup Wise Guys (SWG) has partnered with the European Bank for Reconstruction and Development (EBRD) to launch its fourth fintech accelerator program starting in October 2020 in Vilnius, Lithuania. The bank is participating with its TaiwanBusiness EBRD Technical Cooperation fund. The Baltic accelerator provides investment of up to €100,000 and up to 5 months […]
Appway, a Swiss software that helps financial institutions onboard and manage customers, has secured $37 million from Summit Partners to fuel global expansion, especially in North America. This marks the company’s first external fundraise since its founding in 2003. Headquartered in Zurich with eight international offices, Appway aids the digital transformation of the financial services […]
London-based Meniga, a fintech company that provides digital banking solutions to large banks, has raised €8.5 million in strategic investments from French banking group Groupe BPCE, Portugal’s Grupo Crédito Agrícola and long-standing strategic partner UniCredit. Velocity Capital, Industrifonden and Frumtak Ventures also participated in the round. Commenting on the new investors, CEO and co-founder Georg […]
Dutch fintech startup Floryn, an online lending market for small and medium-sized enterprises, has raised €9 million from Endeit Capital, supported by existing investors such as Peak Capital. While some of the funding will go to product development, the majority will go to domestic and international expansion. In a press release, Floryn says demand for […]
Berlin-based Smava, a credit comparison platform that offers cheaper loan options to consumers, has raised €57 million from Kreos Capital, along with existing investors Earlybird, Verdane, Vitruvian Partners and Runa Capital. The round includes a mix of capital and growth debt. The fintech platform offers an overview of 70 loans between €1,000 and €120,000 from […]
Walldorf, Germany-based fintech startup TIS (short for Treasury Intelligence Solutions), which provides a cloud platform for managing corporate payments and cash flows, has secured $20 million in additional financing led by Aquiline Technology Growth, with participation from existing investor 83North. The company says it plans to use the capital to accelerate product development and to […]
Paris-based fintech company Pennylane, which brings together accountants and tech to help startup founders and small business owners manage their admin, has scored €4 million in funding from Global Founders Capital, Partech and Kima Ventures, the investment vehicle of Xavier Niel. The company was started by the founders of PriceMatch – acquired by Booking.com in […]