Smarterly, a London-based fintech startup that allows employees to invest and save directly through their payroll, has raised £7 million to expand the business through the UK. The round was led by family office Major Oak, which invested £5 million; existing angels and crowdfunders chipped in the rest. Individual Savings Accounts (ISA) let British citizens […]
Fly Now Pay Later, a London-based payment provider for the travel sector, has raised £35 million in a Series A round led by Revenio Capital, with participation from Shawbrook Bank and BCI Finance, two institutional debt providers in specialist finance. “Few industries have been affected as significantly as tourism in the wake of COVID-19. Many […]
Anyfin, a Stockholm-based digital lender that allows consumers to refinance their loans, has raised a $30 million Series B led by EQT Ventures, with support from previous investors such as Accel, Northzone and Global Founders Capital. Currently operating in Sweden and Finland, the fintech startup will use the funding to expand into new European markets. […]
Featurespace, a Cambridge-based developer of analytics software to help enterprise combat fraud, has raised £30 million in a funding round led by Merian Chrysalis Investment Company, with support from existing investors. Founded in 2008, the fintech company invented ‘adaptive behavioral analytics,’ which learns the normal patterns of individuals so that any anomalies in behavior stand […]
With aspirations of becoming a Swiss bank, Zug-based fintech startup Bitcoin Suisse has announced its first-ever fundraise, a Series A round that has garnered CHF 20 million (€19 million) from ‘friends and family’ so far. Led by Swiss banker Roger Studer and the Studer family office, the round will remain open until mid-June 2020, accepting […]
London-based machine learning startup Deep Render has raised £4 million, in a funding round led by Pentech with support from Speedinvest, to further develop proprietary technology that could revolutionise how data is stored and managed. A spin out of Imperial College London’s leading robotics lab, Deep Render claims its image compression technology reduces the file […]
Countingup, a London-based digital bank and bookkeeping software for small businesses, has raised £4 million in bridge funding, led by ING Ventures with co-investment from Triple Point, CVentures and BiG Start Ventures. Founder and CEO Tim Fouracre is a chartered accountant who spent nearly a decade building cloud accounting software at Clear Books. Seeing how […]