UK challenger bank Monzo’s evaluation dips by 40% but raises €66.8M in latest bridge funding round
The market is just starting to recover from COVID-19’s impact.
Fintech
Payments, neobanks, embedded finance, and the regulatory boundary between fintech innovation and the financial system it sits on top of.
930 articles · Fintech
Here’s what TransferGo, London-based international money transfer will do with €9M funding
TransferGo, a digital international money transfer platform for migrants and businesses has raised $10 million (approx €9 million) in funding co-led by Seventure, and Vostok Emerging Finance, along with other participants including Hard Yaka, Revo Capital, and Bootstrap Europe.
Boosting mobility in emerging markets: Estonian fintech Planet42 raises €2.2M
Planet42, an Estonian fintech operating in Africa that focuses on providing access to mobility to the underbanked, has raised €2.2M…
Here’s why Icelandic neobank indó partnered with Enfuce to develop country's first challenger bank
Linking businesses with financial providers, London-based Codat just secured €8.79M for US expansion
It’s usually difficult for new and small businesses to have everything taken care of.
Report: European P2P lending market is expected to pick up this summer
The COVID-19 pandemic has affected nearly every sector, including the P2P lending market, which demonstrated a decrease in funding volumes during March and April.
German mobile wallet company Stocard rolls out new payment feature as it crosses 50M users
The fintech industry has exploded with innovations in the past few years, thanks to technological advancements.
ING-backed fintech Cobase raises €10M in Series A round from Nordic and French banks
The Dutch startup Cobase came into the limelight back in late 2018 when it bagged an investment of €7.5 million from ING Ventures.
Amsterdam-based zero-commission mobile investing app BUX outperformed during COVID-19, expands to Germany and Austria
With lockdown restrictions partially lifting, things are getting back to the ‘new normal.’ While some businesses suffered due to the pandemic, others that were mostly cloud-based found increased demand for their services.
Finland's top fintech Enfuce becomes payment institute: All you need to know
Ever since the widespread growth of the Internet service, the payment industry players have broken new ground with numerous developments.
Digital banking for good: Starling Bank bags €44.5M, to support small businesses hit by COVID-19
In the recent development, the UK digital Bank, Starling Bank has raised an additional £40 million (approx €44.5 million) in funding led by existing backers, Harry McPike’s JTC and Merian Chrysalis Investment Company Limited.
Meniga raises €8.5M: How this Icelandic fintech wants to boost digital banking in Europe?
With the current COVID-19 pandemic placing most people in lockdown and our increasing reliance on the internet, it is only natural that most services are now going online.