Germany’s Upvest bags €40.3M from Bessemer Venture Partners, others to develop Investment-as-a-Service platform
Upvest, a Berlin-based fintech company, announced on Thursday that it has closed $42M (approximately €40.3M) in a Series B round of…
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 Bits of Stock bags €4.2M to accelerate adoption of stock awards-based rewards programme
Bits of Stock, an Amsterdam-based fintech platform, announced that it has secured $4.4M (approximately €4.2M) in a Seed round of funding from Keen Venture Partners and Yellow Accelerator by Snap Inc.
Amsterdam fintech company Factris raises €10M to help finance trade-related invoices for European SMEs
Factris is on a mission to provide quick and affordable capital to SMEs across Europe using financial technology with personalised guidance.
Mollie says ‘Nice try Shopify’ in response to Shopify’s ‘sneaky’ error message: Here’s what happened
Last month, Shopify, a cloud-based, multi-channel commerce platform designed for SMEs, asked customers of Mollie, a Dutch unicorn that provides a payments platform, to use its payment gateway instead of Mollie's payments solution.
London-based fintech Bud secures €74.5M for its open banking platform
Bud was born as an education platform designed to improve people’s financial wellbeing. Bud has now become a platform used by global banks to harness the power of open banking.
Railsbank becomes Railsr: Here’s the rationale behind the rebrand
Railsr also announced the launch of a new rewards programme, indicating that it is ready to design and implement the next step in the consumer financing journey.
Swedish green fintech Datia secures €3.1M to accelerate adoption of sustainable finance
Datia, a Stockholm-based green fintech company, announced on Tuesday that it has secured $3.4M (approx €3.1M) in a Seed round of funding led by VC firm Nauta Capital.
Stockholm-based Yabie bags €15M to grow cloud-based payment solution for SMEs
Yabie, a Swedish fintech company, announced on Wednesday that it has secured €15M at a valuation of €91M in an oversubscribed funding round.
Mondu raises €39.9M to tap the €186B market opportunity for B2B BNPL in Europe and the US
Mondu is a B2B payment fintech company. It provides a “Buy Now, Pay Later” solution for B2B merchants and marketplaces, as well as payment terms in their online checkout.
European unicorn layoffs: Gorillas lays off 300 employees at HQ; Klarna to let go 10 per cent employees globally
Gorillas will lay off 300 of its team members in order to cut costs and extend the company’s runway.
New Irish unicorn! TransferMate secures €66M to disrupt cross-border payments and expand
TransferMate provides B2B payments infrastructure as a service, enabling companies to send and receive cross-border payments faster, easier and at a lower cost.
Eurazeo-backed Thought Machine raises €151.3M led by Temasek; doubles valuation to €2.5B
Thought Machine is a fintech company that builds cloud-native technology to revolutionise core banking.