UK-based fintech publication Altfi shuts shop after 10 years of operation
UK-based AltFi, a digital news publication exclusively covering financial technology, announced that it will shut down its business after a decade of operation.
Fintech
Payments, neobanks, embedded finance, and the regulatory boundary between fintech innovation and the financial system it sits on top of.
930 articles · Fintech
Amsterdam’s fintech unicorn bunq reports €53M net profit in 2023, reapplies for UK license
Amsterdam-based bunq, the second largest neobank in Europe, announced that in 2023, it achieved a net profit of €53.1M, showcasing the success of its sustainable business model.
German fintech Mondu bolsters European expansion plans with additional €30M debt funding
Berlin-based Mondu, a B2B payments company, announced that it has secured an additional €30M in debt financing from German bank Vereinigte Volksbank Raiffeisenbank (VVRB).
Almacena: The Alibaba of coffee trading enabling origin producers to thrive
What does a business need to grow internationally?
Dutch Klarna rival Billink adds €29.5M to its cart; enter the German market
Billink, a Dutch Buy Now Pay Later (BNPL) firm, announced that it has secured €29.5M in a fresh round of funding from German Varengold Bank.
Amsterdam unicorn Adyen’s CTO, Alexander Matthey, to conclude tenure in 2024
Amsterdam-based Adyen, a fintech unicorn company, announced that Chief Technology Officer (CTO) Alexander Matthey won’t seek reappointment at the upcoming Annual General Meeting.
UK’s fintech startup Bumper bags €46M to bump up flexible automotive payments across Europe
London-based Bumper, a fintech startup enabling flexible payments for car repairs, announced that it has completed the €46M Series B fundraising to accelerate its growth.
Amsterdam’s neobank bunq launches GenAI platform ‘Finn’: Know more
Amsterdam-based bunq, the second largest neobank in Europe, announced on Tuesday, December 19, that it has launched Finn, a GenAI platform at bunq Update 24 in DeLaMar Theater in Amsterdam.
UK fintech Fiat Republic scores €6.4M; secures EMI licence from De Nederlandsche Bank
London-based Fiat Republic, the specialist Banking-as-a-Service (BaaS) platform, announced on Tuesday that it has raised $7M (approximately €6.4M) in a Seed extension round.
ABN AMRO to acquire Amsterdam-based neo-brokerage platform BUX: Here’s why
ABN AMRO Bank, on Thursday, announced that it has reached an agreement to acquire Amsterdam-based neo-brokerage platform BUX to strengthen its footprint in the retail investment space and enhance its digital offering.
British fintech firm SumUp secures €285M at a valuation of over €8B: Know more
London-based SumUp, a fintech company, announced on Monday that it has secured €285M in a fresh round of funding at a valuation of above $8.6B (nearly €8B).
Bunq’s Ali Niknam receives ‘Businessman of the Year’ award: Know more
Ali Niknam, the founder of Amsterdam-based neo bank bunq, has received the prestigious Businessman of the Year award, recognising his contributions to the business world.