Richard Branson’s Virgin Group backs London fintech Lightyear in €24.9M round; enters 19 European countries
London-based Lightyear, a commission-free investment platform, announced on Thursday that it has secured $25M (approximately €24.9M) in a…
Fintech
Payments, neobanks, embedded finance, and the regulatory boundary between fintech innovation and the financial system it sits on top of.
930 articles · Fintech
Capchase secures €399.6M in debt financing as European business grows tenfold
Capchase helps SaaS companies finance the growth of their operations with cash tied up in the future monthly payments.
Fintech giant Klarna secures €798.5M; valuation drops to €6.6B from €45.5B
Klarna is an e-commerce payment solutions platform for merchants and shoppers.
Berlin-based Kadmos bags €29M to ease cross-border salary payments
Berlin-based Kadmos, an end-to-end salary payments platform for cross-border employers, announced on Monday that it has raised €29M in a Series A round of funding.
Paris-based BlackFin Capital Partners announces 2nd close of Tech 2 Fund at €350M
BlackFin Capital Partners' Tech 2 fund is already double the size of its predecessor, Tech 1. BlackFin’s first fund raised €178M in 2018.
Utrecht-based Buckaroo to acquire POS payment service provider SEPAY: Know more
Buckaroo, a Utrecht-based online payment service provider, announced on Monday that it has agreed to acquire SEPAY, The Hague-based…
San Marino-based fintech BKN301 bags €15M Series A, to develop tech infra for sustained growth
BKN301 wants to establish itself as a cross-border, open-market operator of choice in the open banking and digital payments space by offering its technical solutions to both developed and emerging economies.
UK fintech GoCardless to acquire Latvia-based open banking data provider Nordigen; here’s why
Nordigen is a free open banking API that provides PSD2 data connections to all major European banks.
Klarna rival UK-based Zilch secures €48M for its BNPL platform, eyes US expansion
Zilch, a London-based Buy Now, Pay Later (BNPL) platform, announced on Thursday that it has secured an additional $50M (approximately €48M) in an Series C extended round of funding.
Austrian unicorn Bitpanda feels the chill of ‘crypto winter’; lays off about 240 employees to “navigate the storm”
Bitpanda sent an email and Slack message to employees after a call, which mentioned, “We need to let part of our team go and scale down to a target organisational size of about 730 people.”
Prague-based 4Trans bags €18M to help SMEs across Europe with factoring services
4Trans provides financial products for small and medium-sized companies operating in supply and logistics - an industry that is currently poorly served by financial services.
London-based SumUp raises €590M at an enterprise value of €8B; reaches over 4M small businesses
London-based fintech startup SumUp has raised a €590M funding round as it marks ten years of rapid growth and global expansion.