Zurich-based startup Loanboox has landed a €20 million Series B funding round at a valuation of €110 million from several investors, including Deutsche Kreditbank AG and the LGT Group. Loanboox has developed a platform for mediation of financing and investments for public corporations, banks, large companies and institutional investors. The company claims to have processed […]
UK-based invoice trading and business lending startup MarketInvoice has raised £26 million in a funding round led by Barclays and fintech fund Santander InnoVentures. In addition to that, it’s secured a debt facility of up to £30 million from Viola Credit, which also participated in the equity round. MarketInvoice provides financing against outstanding customer invoices, […]
American rapper, actor and producer Calvin Cordozar Broadus Jr. (perhaps better known as Snoop Dogg) has invested in Swedish fintech scale-up Klarna. Slightly different type of new minority shareholder than, say, H&M or Visa, but interestingly Snoop will also become part of Klarna’s marketing push. “I’ve been doing business in Europe for years with fashion […]
Manchester-founded fintech startup AccessPay has landed a £9 million funding round led by Beringea. This is the first investment deal in the North of England Beringea made after opening an office in Manchester recently. Founded in 2012, AccessPay is a platform for business payments and cash management for finance and treasury teams, which connects corporate […]
Reykjavik-headquartered fintech startup Monerium has raised $2 million in a seed funding round led by Crowberry Capital, with the participation from ConsenSys and Hof Holdings. The company has also applied to become a licensed financial services company in the European Economic Area (EEA). After the registration process is over, Monerium plans to offer fiat money […]
Estonian-founded and London-headquartered fintech company TransferWise has applied for a financial licence and opened a new office in Brussels. In case of a no-deal Brexit, a payment institution licence — something similar to an e-money licence — received in Belgium would ensure that TransferWise would be able to continue operating in the European Union thanks […]
German fintech startup N26 has raised a Series D funding round of $300 million led by Insight Venture Partners, with participation from Singapore’s sovereign wealth fund GIC and existing investors, including Earlybird VC. This round brings the total amount of funding attracted by the company to over $500 million. N26 plans to use the funding […]