Dublin-based fintech AREX Markets secures €8.8M to help SMEs solve the issue of cash flow; launches in the UK and Spain
SMEs (Small and Medium Enterprises) are vital for employment and job creation across the world.
Fintech
Payments, neobanks, embedded finance, and the regulatory boundary between fintech innovation and the financial system it sits on top of.
933 articles · Fintech
UK-based fintech platform Rapyd to acquire second Icelandic company Valitor for $100M; Here’s why
Rapyd, a London-based 'fintech-as-a-service' platform, has entered today into a definitive agreement with Arion Banki (Arion Bank) to acquire Valitor for $100M (approx €84.5M).
London-based fintech Codat raises €33.8M in Series B round led by Tiger Global; looks to accelerate hiring
Codat enables small businesses to seamlessly share business and financial data with financial and other service providers, by using its API.
Amsterdam-based fintech Dyme of ‘Dragons' Den’ fame raises €2M from Peak Capital, others
Keeping track of finance can be a tricky thing!
London-based Mercuryo raises €6.3M to bridge fiat and crypto worlds; here’s how
Mercuryo is a cross-border payments network that enables businesses to send and receive payments for goods and services using cryptocurrencies.
Visa to acquire Stockholm-based fintech Tink for €1.8B after Plaid acquisition fell through
Tink is an open banking platform that enables banks, fintechs and startups to develop data-driven financial services.
Berlin-based fintech startup Myos secures €25M for its AI-based lending platform
Based out of Berlin, Myos enables fast and flexible financing to prevent retailers from experiencing bottlenecks, allowing them to expand their assortment and grow significantly faster.
Amsterdam’s fintech unicorn Mollie valued over €5B after raising €672M; plans to hire 300 people in 6-9 months
Amsterdam-based payment service provider, Mollie has secured $800M (approx €672M) in a Series C funding led by Blackstone Growth (BXG), Blackstone’s growth equity investing business.
Wise plans to go public in London via direct listing; here’s why the fintech giant think it’s a wise move
Wise provides customers with a lower-cost alternative to traditional means of moving money internationally.
Another Amsterdam unicorn? Challenger bank bunq reportedly becomes one after raising €160M
In the latest development, Amsterdam-based challenger bank, bunq has reportedly secured €160M investment at a valuation of €1.65B. The Dutch company raised this investment from an undisclosed British private equity firm for 10 per cent of the equity.
Berlin-based finleap connect raises €22M to expand its open banking platform across Europe
finleap connect enables partners to connect to more than 3,600 banks across Europe through a single API, processing over 65 million transactions per month.
UK’s Checkout.com acquires Estonian software development firm Icefire, its largest acquisition to date
Checkout.com has acquired Estonian software development company, Icefire; claims this as its largest acquisition to date.