Deutsche Bank has acquired a roughly 4.9 percent stake in Hamburg-based fintech startup Deposit Solutions, which counts Peter Thiel, Greycroft, Kinnevik and e.ventures among its earlier backers. Neither company disclosed the exact terms and volume of the investment, but Handelsblatt reported earlier this morning that the deal gives Deposit Solutions a valuation of around €1 […]
Capcito, a Stockholm-based fintech upstart that provides its business clients with fast cash whenever they’re in the market for temporary working capital, has secured €7 million in funding from Schibsted Growth and pan-European VC Ventech. The new investors are joining Capcito owners SEB Venture Capital and Collector Ventures to support the company’s next stage of […]
London, UK-based Railsbank, which operates an open banking and ‘regtech’ platform, has raised $10 million in a Series A funding round led by Moneta Capital and joined by CreditEase, Clocktower Technology Ventures, Singapore Life and prior backers, including Firestartr. With the fresh cash, the fintech startup is establishing an office in Singapore as a gateway […]
Swiss fintech startup Numbrs has just raised more than €36 million ($40 million) for its app that enables users to manage their existing bank accounts in one place, to buy financial products and make savings with the use of machine learning. According to the company, that allegedly counts 50 individuals and families among its investors, […]
Lunar Way, the Denmark-based banking app, has received €26 million in a new funding round led by SEED Capital, and has obtained a European banking license in the process. The fintech startup plans to use the fresh capital to accelerate the development of their new Nordic bank and its growth in the Danish, Swedish and […]
British fintech scale-up flatfair has raised over £9 million in a funding round led by Index Ventures to expand its deposit-free renting platform. The company plans to use the capital to hire a significant number of product engineers, data scientists, and business development specialists who will create and develop new features and services. Before flatfair, […]
Klarna, the Sweden-born payments and banking service provider, has raised $460 million in an equity funding round at a post-money valuation of $5.5 billion, the company announced today. The company points out that the valuation makes it the largest private fintech company in Europe. Be that as it may, its financing round is the latest […]
