vivid tech.eu

Berlin-based Vivid Money launches digital banking services in Germany

Vivid Money, a Berlin-based digital banking service, is launching today in partnership with solarisBank and Visa. The company claims to be the first mobile-first full-service banking solution, offering cashback programs, sub-accounts in foreign currencies and eventually, investment products, in a single app. Founded in 2019 by Artem Yamanov and Alexander Emeshev, the fintech company already […]

(L-R) Tink co-founders Daniel Kjellén (CEO) and Fredrik Hedberg (CTO)

Swedish open banking startup Tink takes funding from PayPal (again)

Stockholm-founded cloud-based open banking platform Tink has announced that it’s raised strategic funding from the US payment giant PayPal. The startup did not disclose the amount, but this is the second time PayPal injects money in Tink; back in June 2019, it already invested €10 million through PayPal Ventures. Founded in 2012 as a bank […]

Startup Wise Guys tech.eu

Baltic accelerator Startup Wise Guys launches fourth program in partnership with EBRD

Tallinn-based Startup Wise Guys (SWG) has partnered with the European Bank for Reconstruction and Development (EBRD) to launch its fourth fintech accelerator program starting in October 2020 in Vilnius, Lithuania. The bank is participating with its TaiwanBusiness EBRD Technical Cooperation fund. The Baltic accelerator provides investment of up to €100,000 and up to 5 months […]

appway tech.eu

Zurich-based Appway secures $37 million from Summit Partners to continue international expansion

Appway, a Swiss software that helps financial institutions onboard and manage customers, has secured $37 million from Summit Partners to fuel global expansion, especially in North America. This marks the company’s first external fundraise since its founding in 2003. Headquartered in Zurich with eight international offices, Appway aids the digital transformation of the financial services […]

Meniga tech.eu

Iceland-born startup Meniga gets €8.5 million from European banks to grow digital banking services

London-based Meniga, a fintech company that provides digital banking solutions to large banks, has raised €8.5 million in strategic investments from French banking group Groupe BPCE, Portugal’s Grupo Crédito Agrícola and long-standing strategic partner UniCredit. Velocity Capital, Industrifonden and Frumtak Ventures also participated in the round. Commenting on the new investors, CEO and co-founder Georg […]

Smava tech.eu

Berlin-based fintech scale-up smava secures €57 million in financing to maintain growth through economic downturn

Berlin-based Smava, a credit comparison platform that offers cheaper loan options to consumers, has raised €57 million from Kreos Capital, along with existing investors Earlybird, Verdane, Vitruvian Partners and Runa Capital. The round includes a mix of capital and growth debt. The fintech platform offers an overview of 70 loans between €1,000 and €120,000 from […]