London-based fintech Pollinate has closed a $50 million Series C round. The funding is expected to propel further expansion in existing markets and spearhead movement into North America. The Series C round was led by Insight Partners, and saw follow on investment from all existing investors, including NatWest Group, Mastercard, National Australia Bank (NAB), EFM […]
Finland-based payment services provider Enfuce has raised €7 million in a recent Series-B funding. €5 million is coming from Tencent, with the additional €2 million arriving from previous investor Maki. Prior investment was supported by a mix of dect and VC financing from Finnish investors Nordea, LähiTapiola, and Finnvera. As terms of the deal, Dr. […]
Berlin-based fintech MODIFI has secured $60 million in from Silicon Valley Bank, now bringing their total capital to $111 million. The funding is expected to address increased demands in existing marketing, as well as continue growth and market penetration, primarily in the US. In a nutshell, MODIFI fronts the money for SMEs, buyers or sellers, […]
Fresh off a number of recent acquisitions, London-based payments provider SumUp has recently raised €750 million. The oversubscribed round saw participation from existing backers Goldman Sachs, and Bain Capital Credit, and new investors Temasek, Crestline, and funds managed by Oaktree Capital Management. ”We’re proud to be backing SumUp once again and we recognise the truly […]
If Bitpanda raising $52 million last September raised a few eyebrows here and there, then some people are going to need to sit down for this one. The Vienna, Austria-based fintech scale-up, which provides a brokering/exchange platform for trading digital assets such as cryptocurrencies and precious metals, last week closed a Series B round of […]
High growth intelligent data automation space software maker Xceptor has just been snapped up by private equity firm Astorg from CBPE Capital. Terms of the deal were undisclosed. The buyout, which saw reinvestment from the current management team, is expected to fuel further product innovation and accelerate international presence. Founded in 2003, and with five […]
DIEM, the UK fintech upstart that’s focusing on the circular economy and building a ‘Bank of Things’, has raised $5.5 million in seed funding from Fasanara Capital, Outrun Ventures founder Chris Adelsbach, Andrea Molteni (an early investor in Farfetch.com), Ben Demiri and Nicholas Kirkwood. DIEM is not be confused with Facebook’s recently renamed crypto project, […]