German fintech startup TIS raises $20 million to bolster its B2B cloud platform for payment transactions

Walldorf, Germany-based fintech startup TIS (short for Treasury Intelligence Solutions), which provides a cloud platform for managing corporate payments and cash flows, has secured $20 million in additional financing led by Aquiline Technology Growth, with participation from existing investor 83North. The company says it plans to use the capital to accelerate product development and to […]

French fintech startup Pennylane raises €4 million from Global Founders Capital, Partech and Kima Ventures

Paris-based fintech company Pennylane, which brings together accountants and tech to help startup founders and small business owners manage their admin, has scored €4 million in funding from Global Founders Capital, Partech and Kima Ventures, the investment vehicle of Xavier Niel. The company was started by the founders of PriceMatch – acquired by Booking.com in […]

Smarterly tech.eu

UK fintech startup Smarterly snags £7 million to help employees automatically save and invest their income

Smarterly, a London-based fintech startup that allows employees to invest and save directly through their payroll, has raised £7 million to expand the business through the UK. The round was led by family office Major Oak, which invested £5 million; existing angels and crowdfunders chipped in the rest. Individual Savings Accounts (ISA) let British citizens […]

Featurespace tech.eu

Cambridge-based Featurespace raises £30 million to help enterprise combat financial fraud

Featurespace, a Cambridge-based developer of analytics software to help enterprise combat fraud, has raised £30 million in a funding round led by Merian Chrysalis Investment Company, with support from existing investors. Founded in 2008, the fintech company invented ‘adaptive behavioral analytics,’ which learns the normal patterns of individuals so that any anomalies in behavior stand […]

Bitcoin Suisse tech.eu

Swiss crypto finance startup Bitcoin Suisse raises nearly €20 million from ‘friends & family’ in ongoing Series A

With aspirations of becoming a Swiss bank, Zug-based fintech startup Bitcoin Suisse has announced its first-ever fundraise, a Series A round that has garnered CHF 20 million (€19 million) from ‘friends and family’ so far. Led by Swiss banker Roger Studer and the Studer family office, the round will remain open until mid-June 2020, accepting […]