Auxmoney, a German credit marketplace that claims to be the largest in continental Europe, has raised €150 million in growth capital in a round led by Centerbridge Partners, a private equity firm with a history of taking majority stakes. As part of the deal, the lead investor is buying shares from other existing investors, though […]
Bridge, a Scottish ‘payment orchestration’ platform, has raised £2.5 million from Gloag Investment Group to scale in the UK’s ecommerce and electronic payments space. The Edinburgh-based startup provides an integration to ecommerce enterprises, which can add or remove payment options (or other third-pary fintech services) without any additional technical work. “With a single integration, Bridge […]
London-based fintech company Form3 has raised $33 million in a strategic investment round, bringing on new investors Lloyds Banking Group, Nationwide Building Society and VC 83North. Existing investor Draper Esprit joined as well. Founded in 2016, Form3 offers a cloud-native payment technology to financial institutions and other fintech companies. Following its $13 million Series B […]
A new survey conducted by Digital Finance Forum (DFF), a network and lobbying group for fintech founders in the UK, has found that two out of three British fintech founders don’t think the views of their sector are properly considered in policy and regulatory circles. The survey also reveals that nine out of ten founders […]
This week, we talk about some of the biggest stories in European tech from the past week, including the $230 million funding round for HMD, Apple antitrust updates, France looking into TikTok, and some news from the fintech department, namely from Revolut, Holvi, and N26. Later in the show, you’ll hear an interview with Kristine Kornilova, communication project manager of Latvia’s Printful.
Banking technology company Thought Machine has secured an additional $42 million in funding for the series B round of funding it announced last March, which is due to close at a total of $125 million in early August. Eurazeo Growth is leading the extension, with British Patient Capital and Thought Machine customer SEB also coming […]
Brussels-based fintech scale-up Unifiedpost has secured north of €10 million in fresh funding – from mostly existing investors – to spur growth. Rumoured to have been considering an IPO in recent times, the company has also announced a (voluntary) early conversion of a majority of its outstanding convertible bonds, resulting in an overall increase in […]