Warsaw-based fintech Spoko lands €5 million from FinTech Ventures

Warsaw-based international money transfer fintech Spoko has obtained €5 million in financing from their strategic investor FinTech Ventures. The new funding is expected to accelerate Spoko’s geographic expansion and further develop the product. Specialising in instant international cash transfers, Spoko is seeking to stand apart from competitors through attractive exchange rates and transparent transaction costs. […]

Brisbane-based EML Payments acquires Kildare-based open bank Nuapay

Kildare, Ireland-based Sentenial and its open banking brand Nuapay have been acquired by Brisbane’s EML Payments for an upfront fee of €70 million, with an additional earn-out component of up to €40 million. With this acquisition, the combined group will hold in excess of $90 billion AUD in Gross Debit Volume. The deal is subject […]

London-based Gro grows a $7.1 million seed to make decentralised finance more accessible

London-based Gro has closed a $7.1 million seed round with the aim of making decentralised finance more accessible. The round was led by decentralised finance VCs Galaxy Digital and Framework Ventures, and saw participation from Variant, Nascent, a_capital, and Northzone. Angel investors including founders of DeFi protocols Aave, Compound and Synthetix also contributed. Co-founded in […]

London-based Buy Now Pay Later fintech Butter raises £15.8 million

London-based Buy Now Pay Later platform Butter has raised £15.8 million in a new round. Led by BCI Finance, the credit arm of London-based venture builder Blenheim Chalcot, the round also saw participation from a number of undisclosed private investors. Originally conceived as a Buy Now Pay Later (BNPL) travel agency, Butter has grown into […]

London-based fintech Pollinate raises $50 million in Series C round

London-based fintech Pollinate has closed a $50 million Series C round. The funding is expected to propel further expansion in existing markets and spearhead movement into North America. The Series C round was led by Insight Partners, and saw follow on investment from all existing investors, including NatWest Group, Mastercard, National Australia Bank (NAB), EFM […]

Finland-based payment services provider Enfuce raises €7 million in Series-B round

Finland-based payment services provider Enfuce has raised €7 million in a recent Series-B funding. €5 million is coming from Tencent, with the additional €2 million arriving from previous investor Maki. Prior investment was supported by a mix of dect and VC financing from Finnish investors Nordea, LähiTapiola, and Finnvera. As terms of the deal, Dr. […]