Paris-based real-time investment monitoring platform Finary has raised €2.2 million in a seed round led by Speedinvest that saw participation from Y Combinator, Xavier Niel’s Kima Ventures, and a number of angel investors including Luke co-founder Raphaël Vullierme. The funding is expected to expand the team size as well as establish market presence in Europe […]
Zug-based Klarpay has obtained its banking license from the Swiss Financial Market Supervisory Authority (FINMA) thereby making them the first licensed fintech in Switzerland that’s focused on delivering all the banking privacy and stability that the alpine country is known for. The company’s founders Martynas Bieliauskas and Mihkel Vitsur have contributed their own capital of […]
Hello! Here’s what happened today in European Tech. Deals – There’s a new fund on the block: Meet Cusp Capital (and its €300 million opening). – Micromobility startup Dott with headquarters in Paris and Amsterdam has secured $85 million in a Series B funding round. The capital injection was co-led by Belgium-based Sofina and UK-based […]
London-based FintechOS has raised $60 million in a Series B round. Led by Draper Esprit, whose previous investments include Revolut and N26, the round also saw participation from existing investors LAUNCHub, Earlybird Digital East, Gapminder Ventures, and OTB Ventures. FintechOS notes that further investors will be announced at a later date. “Incumbent financial services firms […]
Company payments and expense management firm Payhawk has closed a $20 million Series A round, almost one year to date after a $3.6 million seed round. The financing round was led by QED, a US-based fund that has invested in 18 fintech unicorns including Klarna and Nubank, with existing investor Earlybird Digital East following on. […]
London’s BNPL (buy now, pay later) platform Zilch has raised $80 million in a Series B round. To date, the company has raised a total of $120 million and has a valuation of over $500 million. The round is backed by several investors including Gausee Ventures and M&F Fund. The capital will help fuel Zilch’s […]
London’s consumer loans provider Fintern has raised £32 million in equity and debt financing from a variety of undisclosed angel investors. Debt financing will be provided by Hamburg-based financier Varengold Bank. This round of funding comes fresh off the back of Fintern’s public launch just last month, and is slated to propel the company’s goal […]