Paris-based financial and account management solutions provider Pennylane has raised €15 million in new funding from Sequoia Capital. The is Sequoia’s first investment since establishing an on-the-ground presence in Europe and now places Pennylane in the same portfolio as Stripe, Paypal, and Square. The funding is expected to further fuel the fintech’s technology offer, product, […]
London-based contents insurance startup Urban Jungle has raised €9 million in its latest funding round that saw participation from existing investors Mundi Ventures, Eka Ventures, and several Angel Investors, including Rob Devey. The firm is reporting that its largest raise to date will be used to continuing scaling operations and add new insurance products to […]
Split between London and Tallinn, Europe’s first commission-free investment platform Lightyear has raised £1.5 million in pre-seed funding led by Taavet Hinrikus, co-founder of Wise and Sten Tamkivi, co-founder of Teleport as the duo’s first portfolio investment, along with Jaan Tallinn, co-founder of Skype. A cohort of Angel Investors including Ott Kaukver, Wander Rutgers, and […]
London-based white-label platform for retail finance Divido has raised $30 million in a Series B round led by HSBC and ING. Sony Innovation Fund by IGV, SBI Investment, OCS, Global Brain, and DG Daiwa Ventures along with existing investors DN Capital, Dawn Capital, IQ Capital, and Amex Ventures all participated. Divido is expected to use […]
Latvia’s free open banking and data insights API Nordigen has raised €2.1 million in a funding round that saw participation from Black Pearls VC, Inventure, Highgoal Capital, ID4 Ventures, Superangel, Calchas Holding, and Angel Investors Artis Kehris, Henry Nilert, Gerri Kodres, and Riivo Anton. Founded in 2016 by Roberts Bernans and Rolands Mesters, Nordigen is […]
Amsterdam-based financial transaction monitoring system Sentinels has raised £4.9 million in a seed round led by INKEF Capital. The round also saw participation from a number of Angel Investors including Thijn Lamers and Maikel Lobbezoo, members of the original Adyen crew. Including this funding, Sentinels has raised £7.3 million to date. The firm is reporting […]
London’s investment platform for consumers wishing to have a positive impact on climate change, Clim8 has secured up to £2 million from Channel 4 Ventures, the UK’s largest “media for equity” fund. As you might have already guessed, Clim8 is trading equity in the company for the high-profile brand awareness that UK broadcaster Channel 4 […]