UK-based fintech startup Uncapped, which bills itself as Europe’s first revenue-based finance provider, has closed a $26 million financing round – including debt and equity – led by Mouro Capital (the $400 million successor fund of Santander InnoVentures). Spain-based VC All Iron Ventures and existing investors Global Founders Capital, Seedcamp, and White Star Capital also […]
TransferWise‘s business has been ramping up quite nicely, as it currently handles over £4 billion in cross-border payments every month from more than 8 million customers. The UK-based fintech scale-up is today announcing its results for the past financial year, reporting a 70% rise in revenue to hit £302.6 million, and a nice little net […]
London-based fintech startup TrueLayer, which makes it easy to integrate financial services like open banking into any app or website, has raised $25 million in funding from existing investors as an extension of its Series C round, taking its total raised up to $72 million. Truelayer was among the first UK companies to be authorised […]
Stockholm, Sweden-based Tink has acquired the ‘Open Banking Aggregation Platform’ from UK-based OpenWrks (via Breakit). After acquiring Instantor and Eurobits earlier this year, Tink notes that this asset purchase and partnership strengthens its connectivity and coverage significantly in a key market for the startup, bringing UK business account aggregation to its customers (later this year). […]
With the help of a €5 million seed round led by Creandum, Paris-based startup Swan is launching its fintech platform that lets any other company offer its own banking services. The funding, which includes capital from French bank Bpifrance, will go to meeting strict financial regulations and acquiring the startup’s first clients. Swan expects to […]
This week, we talk about some of the biggest stories in European tech from the past week, including EQT buying Idealista, funding for Mollie and Klarna, and trans-Atlantic data transfers. Also check out an interview with Pär-Jörgen Pärson, general partner at Northzone.
Estonian startup Mercuryo.io has raised €2.5 million in seed funding with hopes of becoming the Stripe for cryptocurrency payments. The investment was led by Berlin-based Target Global and will fuel an ambition plan to scale across Europe, Africa and Latin America. In addition to offering a multicurrency crypto wallet for everyday consumers, the company has […]