Danish fintech Cardlay secures €8 million, former Mastercard Europe president Javier Perez joins board

Danish white label fintech Cardlay has secured €8 million in financing from newly minted Global PayTech Ventures. As part of the financing, Global PayTech Ventures founder, and former president of Mastercard Europe, Javier Perez, will join the Cardlay board as vice-chairman. The funding is expected to fuel Cardlay’s next phase of expansion and cooperation with […]

Belgian fintech Unifiedpost Group acquires German Crossinx for up to €113 million, gains entry to all-important DACH region

La Hulpe, Belgium-based fintech Unifiedpost Group has snapped up Frankfurt Am Main-based fintech automator Crossinx for up to €113 million. €100 million was settled with 50% cash and 50% newly issued Unifiedpost shares valued at €20 per share. A conditional earn-out payment of €13 million was also included in the deal. “The acquisition of Crossinx […]

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. […]

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 […]

Berlin-based fintech MODIFI secures $60 million via Silicon Valley Bank Germany

Berlin-based fintech MODIFI has secured $60 million in from Silicon Valley Bank, now bringing their total capital to $111 million. The funding is expected to address increased demands in existing marketing, as well as continue growth and market penetration, primarily in the US. In a nutshell, MODIFI fronts the money for SMEs, buyers or sellers, […]