Heidelpay, a payment processing provider for online shops and marketplaces, and its majority shareholder AnaCap Financial Partners, have reached an agreement with investment firm KKR, which will acquire a majority stake in the German payments group for more than €600 million, as reported by the Financial Times. The founder and CEO of heidelpay, Mirko Hüllemann, […]
Upgrade Pack, an app that provides exclusive flight and hotel upgrades as part of a loyalty-based membership, has announced a new investment of £1.3 million, bringing total funds raised since the startup’s launch a year ago to £3.4 million. The recent financing round was led by a British investment firm Havisham Group, with the capital […]
Bitwala, a Berlin-based provider of crypto banking services, has raised €13 million in Series A funding from a group of international investors in a round led by Sony Financial Ventures/Global Brain and NKB Group. Half the round comes from prior backers Earlybird and coparion. Founded in 2015, Bitwala says it is currently the only provider […]
Warsaw-based Cogito Capital has reached the first closing of its Cogito Fund I with €55 million in commitments. The fund is focused on late- and growth-stage enterprise software, fintech, insurtech, and mobility companies operating mainly in Central Europe. Cogito Capital was founded in 2018 by Sylwester Janik and Martin Jasinski, venture capital and corporate executives […]
Zeta, a global fintech startup in the digital banking and enterprise payments space, has secured a Series C investment from France’s Sodexo, which from now on has a minority stake in the company. The new capital will be used to fuel Zeta’s international expansion across the US, UK and beyond. London-based Bhavin Turakhia, co-founder and […]
XAIN, a Berlin-based AI company known for partnering with Porsche to become the first to put blockchain technology into a car, has raised funding in cryptocurrency from IOTA co-founder Dominik Schiener. Schiener’s contribution is one of the first major crypto investments of its kind and adds to the trend of venture capital funding through cryptocurrency. The […]
Since April this year, Blockpit, a regtech company specialised in compliance for crypto investors, has accumulated more than €2.5 million from its Security Token Offering (STO). On top of that, after their initial investment in July 2018, the European Super Angels Club have now doubled down on their investment in Blockpit via the club’s ‘EXF […]