Hamburg-based Receeve raised €4 million in seed funding from Mangrove Capital Partners and Speedinvest to digitally transform Europe’s debt industry. This round comes within a year of a pre-seed fundraise, €1 million from Seedcamp and other angel investors. Founded in 2019 by two American former VCs, Receeve offers a digital debt servicing platform that replaces […]
UK fintech startup Rimilia has raised $15 million in funding, with participation from Eight Roads Ventures, Kennet Partners and Silicon Valley Bank, to fuel expansion across Europe and North America. Rimilia has developed a SaaS platform for finance folk, tools that automate cash and credit management, reduce bad debt provision, and produce AI-driven insights. A […]
UK startup Upgrade Pack, an app providing discounted flight and hotel upgrades, has surpassed £5 million in seed funding after finalising a new £1.5m private investment, from mostly unnamed private investors. The London-based company sits at the intersection of finance and travel. The startup’s service is exclusively distributed through banks and credit card issuers as […]
Opera, a global browser provider with headquarters in Norway, has acquired the Estonian startup PocoSys, which has developed a banking-as-a-service software. Opera, as a consumer technology company with over 50 million monthly active users in Europe, sees a lot of potential in the fintech space. By acquiring PocoSys, the company seeks to foster future collaboration […]
“Simply put, it’s a good time to be an entrepreneur (as well as a venture investor looking to back the best teams with the best ideas).” — MiddleGame’s Pascal Bouvier, Michael Meyer and Patrick Pinschmidt The above passage reads from a blog post by the founders of MiddleGame Ventures and adequately captures the firm’s optimism […]
Liberis, the London-based fintech startup, has closed a £32 million funding round led by FTV Capital. This investment brings Liberis’ total debt and equity funding to over £150 million, and will enable the company to continue financing small businesses around the world. “Small businesses are the lifeblood of the global economy, yet they continue to […]
AlgoTrader, the Swiss platform services provider for quantitative trading and trade execution, has raised a Series A round of 3.7 million CHF (€3.4 million), led by an undisclosed global Tier 1 bank. Other investors include investiere, BlockChain Valley Ventures and a seed-round investor, NeueCapital. Founded by Andy Flury in 2014, AlgoTrader consists of two business […]