Lemon Way, a Paris-based payment processor for marketplaces and crowdfunding platforms, has raised €25 million from Toscafund Asset Management. Bootstrapped for twelve years, this is the company’s second investment round to strengthen and expand its presence across Europe. Lemon Way offers payment processing, wallet management, and third-party payments. The platform serves 1,400 marketplaces and partners […]
German fintech CrossLend has announced a €35 million Series B round led by Santander InnoVentures with support from existing investors Earlybird, ABN Amro Ventures, and Lakestar. The investment will accelerate the company in its mission to make the world’s capital markets more efficient. Founded in 2014, the Berlin-based startup provides a digital debt marketplace for […]
TrueLayer, the London-based provider of financial APIs, announced that it is expanding to Australia, making it the first European open banking specialist to establish a presence in the APAC region. The company already plans to expand further to Hong Kong and Singapore. Two fortuitous events in 2019 have laid the foundation for this move across […]
Deutsche Bank has acquired a roughly 4.9 percent stake in Hamburg-based fintech startup Deposit Solutions, which counts Peter Thiel, Greycroft, Kinnevik and e.ventures among its earlier backers. Neither company disclosed the exact terms and volume of the investment, but Handelsblatt reported earlier this morning that the deal gives Deposit Solutions a valuation of around €1 […]
Capcito, a Stockholm-based fintech upstart that provides its business clients with fast cash whenever they’re in the market for temporary working capital, has secured €7 million in funding from Schibsted Growth and pan-European VC Ventech. The new investors are joining Capcito owners SEB Venture Capital and Collector Ventures to support the company’s next stage of […]
London, UK-based Railsbank, which operates an open banking and ‘regtech’ platform, has raised $10 million in a Series A funding round led by Moneta Capital and joined by CreditEase, Clocktower Technology Ventures, Singapore Life and prior backers, including Firestartr. With the fresh cash, the fintech startup is establishing an office in Singapore as a gateway […]
Swiss fintech startup Numbrs has just raised more than €36 million ($40 million) for its app that enables users to manage their existing bank accounts in one place, to buy financial products and make savings with the use of machine learning. According to the company, that allegedly counts 50 individuals and families among its investors, […]