London-based alternative lending platform iwoca has raised a €24 million Series C round of funding, led by Prime Ventures which invested €14 million, with participation from existing investors Acton Capital Partners, CommerzVentures, Global Founders Capital and Redline Capital. In addition, Iwoca has secured a €30 million secured debt facility from a syndicate of investors led […]
Aire, a London-based fintech startup, has raised $2 million in new funding, led by White Star Capital with participation from Sunstone Capital and Accion Venture Lab. The startup has also announced that is now authorised by the UK’s Financial Conduct Authority (FAC), an independent regulator. Aire has built a machine learning algorithm that generates a […]
OpenUp is a new scheme that connects startups with people within international banking group BNP Paribas around a wide variety of business projects.
After four successful years at the world’s leading IT fair CeBIT, CODE_n launches its own digital innovation festival in Karlsruhe, Germany, on September 20-22.
MasterCard today announced that it has acquired 92.4% of London-based payment systems company VocaLink for about £700 million (approximately $920 million). Under the agreement, a majority of VocaLink’s shareholders will retain 7.6% ownership for a minimum of three years. VocaLink’s existing shareholders also have the potential for an earn-out of up to an additional £169 […]
At the recent Brilliant Minds conference in Stockholm, Tech.eu caught up with Jacob de Geer, co-founder and chief exec of Swedish mobile payments startup iZettle.
Paymill, a German startup with a Stripe-like product that enables online merchants to easily accept credit and debit cards, has been acquired by Swiss fintech solutions provider Klik & Pay (part of CYBERservices). Before we break out the champagne, note that Paymill recently decided to go for a ‘strategic’ preliminary insolvency as it engaged in […]