Azimo tech.eu

Azimo gets €20 million in debt financing from EIB to grow its global money transfer service

Azimo, the European money transfer service, has entered into a €20 million debt agreement with the European Investment Bank (EIB). The loan will help Azimo accelerate its expansion, product development, and grow its technical team in Kraków, where the majority of its staff is located. Headquartered in London, the fintech company offers cross-border money transfers […]

Receeve tech.eu

Hamburg-based Receeve raises €4 million seed to digitally transform the debt collections industry

Hamburg-based Receeve raised €4 million in seed funding from Mangrove Capital Partners and Speedinvest to digitally transform Europe’s debt industry. This round comes within a year of a pre-seed fundraise, €1 million from Seedcamp and other angel investors. Founded in 2019 by two American former VCs, Receeve offers a digital debt servicing platform that replaces […]

Rimilia tech.eu

UK startup Rimilia raises $15 million to expand its “CRM for finance teams” across Europe and North America

UK fintech startup Rimilia has raised $15 million in funding, with participation from Eight Roads Ventures, Kennet Partners and Silicon Valley Bank, to fuel expansion across Europe and North America. Rimilia has developed a SaaS platform for finance folk, tools that automate cash and credit management, reduce bad debt provision, and produce AI-driven insights. A […]

Upgrade Pack tech.eu

Upgrade Pack raises £5 million to provide travel perks through financial customer loyalty programs

UK startup Upgrade Pack, an app providing discounted flight and hotel upgrades, has surpassed £5 million in seed funding after finalising a new £1.5m private investment, from mostly unnamed private investors. The London-based company sits at the intersection of finance and travel. The startup’s service is exclusively distributed through banks and credit card issuers as […]

tech.eu Opera

Norway’s Opera acquires Estonian startup PocoSys to expand its fintech operations

Opera, a global browser provider with headquarters in Norway, has acquired the Estonian startup PocoSys, which has developed a banking-as-a-service software. Opera, as a consumer technology company with over 50 million monthly active users in Europe, sees a lot of potential in the fintech space. By acquiring PocoSys, the company seeks to foster future collaboration […]

The Reverse Pitch: MiddleGame Ventures

“Simply put, it’s a good time to be an entrepreneur (as well as a venture investor looking to back the best teams with the best ideas).” — MiddleGame’s Pascal Bouvier, Michael Meyer and Patrick Pinschmidt The above passage reads from a blog post by the founders of MiddleGame Ventures and adequately captures the firm’s optimism […]