Riga-based crowdfunding platform LendSecured seeks to support underfunded rural Europe

Recognising a market niche and €9 billion funding gap, LendSecured has launched with the aim of getting capital in the hands of an often overlooked market, rural Europe. Traditionally farmers in Hungary, Latvia, Estonia, Lithuania, Greece, Romania, Bulgaria, Croatia, and Spain struggle to source working capital; that which is necessary to fuel pre-harvest hiring, as […]

Berlin-based Elucidate raises €2.5 million in move to become the universal standard in financial crime risk management

Elucidate aims to become the Moody’s of financial crime risk, and have just announced their raise of €2.5 million in a pre-Series-A funding led by Frontline Ventures. Frontline Ventures is joined by existing investors Seed X Liechtenstein, APEX Ventures, and Big Start Ventures. Elucidate has now raised over €5 million in seven short months following […]

Starling Bank confirms £272 million in new funding, claims unicorn status.

The UK has a new darling in Starling. The digital bank has confirmed its Series D round funding totalling a healthy £272 million, their largest ever. Led by Fidelity Management and Research the round was oversubscribed by £72 million, and now gives the company at £1.1 billion pre-money valuation. Rothschild acted as the exclusive financial […]

London-based crypto assets insurance firm Unslashed raises $2 million

Crypto assets insurance provider Unslashed Finance has recently closed a $2 million funding round. Investors included Lemniscap, P2P Capital, Bitscale Capital, Chainlayer, and several angels. To date, Unslashed has sold coverage for the amount of $400 million and collected $90 million in capital deposits with no marketing spend. With these numbers, Unslashed could very well […]

Berlin-based Monite raises €1.1 million to automate admin and accounting for SMEs in Europe

Monite wants to alleviate the (on average) 15 hours per week that small to medium sized businesses spend on financial admin tasks. Announced today, Monite is launching their financial management platform that seeks to automate the admin and accounting processes. The €1.1 million pre-see round includes investments from Tomahawk VC, signals Venture Capital, InVentures and […]

London-based startup Countingup counts up £9.1 million in series A investment

Led by Framework Venture Partners and joined by Gresham House Ventures and Sage, Countingup has just closed a £9.1 million series A round. The fintech startup offers a business current account with built-in accounting software solution. The two-in-one app simplifies bookkeeping and taxes for both the self-employed and accountants across the UK. Currently counting over […]