Zurich-based digital promissory note fintech FQX raises $4.7 million in seed funding

Zurich’s short-term financing and payment tool FQX has raised $4.7 million in seed funding in a round led by Earlybird Venture Capital. The raise also saw participation from SIX Fintech Ventures and unicorn hybris co-founder Carsten Thoma. The funding is expected to help scale the company’s transaction volume. “Short-term financing markets are widely fragmented and […]

London-based financial information platform Accelex raises $5 million in seed funding

London-based financial data extractor, analyser, and reporting platform Accelex has raised $5 million in a seed funding round co-led by Illuminate Financial and AlbionVC. The raise also saw participation from Expon Capital and SixThirty Ventures. Accelex is reporting that the funding will be used to further develop the product offering as well as beef up […]

Australian BNPL platform Zip acquires Prague-based Twisto for €89 million

Prague’s BNPL platform Twisto has been acquired by the Australian buy-now-pay-later firm Zip. Zip, who has already invested in the company, has agreed to purchase the outstanding shares for a fee of €89 million. The deal is expected to conclude in Q4 of this year. No staffing changes are planned, and founder and CEO Michal […]

Vienna’s hi.health launches Europe’s first digital health account, solves private insurance cash flow gap

While universal healthcare is something we know as normal life here in Europe, it’s not always all-inclusive. In Germany alone, 26.8 million people have some form of supplementary insurance, for example covering hospital stays or dentures.  Unlike the statutory health insurance programmes that interface directly between government agencies and healthcare providers, private insurance programmes often […]

London’s one-card-to-rule them all fintech Curve sees 21,000 interested investors in 24 hours, goes live with crowdfunding next week

Since announcing their crowdfunding campaign on the 11th of May, London’s fintech Curve saw 21,000 sign-ups within the first 24 hours, clearly reflecting a massive interest from customers. As of the timing of this release, the company is reporting approximately 35,000 interested investors. This isn’t the first time Curve has turned to the crowd to […]