British fintech unicorn PPRO raises an additional €76.35M in funding from JPMorgan Chase, Eldridge
PPRO’s local payments platform and expert services help its users to get the industry’s best conversion rates in markets globally.
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 fintech Meniga was founded in the wake of the 2008 financial crisis; raises €10M amid the pandemic
Meniga is a digital banking platform that helps banks, businesses, and individuals manage their financial data.
Insight Partners leads UK fintech startup Pollinate’s €42M Series C funding round
The Pollinate platform allows banks to offer a one-stop-shop for SMEs, from access to capital, the ability to take payment, digital loyalty schemes, marketing tools, and insights.
eToro to go public via $10.4B SPAC deal: Here’s everything you need to know
eToro, a social trading and investment marketplace, has announced that it will be going public through a merger with special purpose acquisition company (SPAC) FinTech Acquisition Corp. V.
Inovia Capital raises €377M for second growth fund; looks to grow its presence, increase investments in Europe
Inovia Capital, a Montreal-based venture firm, has closed its second growth fund at $450M (approx €377M).
European Commission approves this merger that will create Europe’s largest payments group: find out here
In a recent development, the European Commission has granted clearance to the proposed $9.28B (approx €7.8B) merger between Nets and Nexi.
Stripe raises a stonking $600M at a valuation of $95B; the most valued US startup to accelerate momentum in Europe
Online payments processing giant, Stripe, has raised $600M (approx €503M) in a fresh round of funding at a valuation of $95B (approx €79.65B).
7 key takeaways from Amsterdam fintech unicorn Adyen’s 2020 Annual report
Amsterdam-based fintech unicorn, Adyen, has published its 2020 Annual report that outlines what has happened in the company last year amid the COVID-19 pandemic, financial statements, and much more.
PayPal to acquire crypto security startup Curv to fuel its cryptocurrency-centric initiatives
Curv is a developer of digital asset security infrastructure helping crypto-native and financial institutions to create digital wallets.
Starling turns into a unicorn: The UK digital bank raises €316.9M to support its profitable growth
The announcement follows Starling Bank’s fourth successive month in profit. The company claims it is on course to report its first full year in profit by the end of its next financial year-end.
Amsterdam’s fintech startup Factris acquires Dutch factoring company Payfix: here are the facts
Based out of Amsterdam, Factris provides an online invoice factoring platform for European SMEs.
Revolut launches as a bank in these 10 European markets; banking customers will now have their deposits protected
if Revolut Bank shuts down, its customers can claim up to €100K with this scheme. Also, it does not matter if the customers’ currencies were in euro or foreign, they are protected.