Swiss fintech startup Loanboox raises €20 million

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 fintech startup MarketInvoice raises £26 million from Barclays and Santander

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, […]

UK-based payment platform AccessPay raises £9 million

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 […]

Icelandic crypto fintech startup Monerium raises $2 million

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 […]

TransferWise opens an office and applies for a payment institutions licence in Brussels to avoid service disruption after Brexit

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 […]