Europe fintech funding round-up: Findity, Recognise Bank, Moneybox, Circit & Klarpay
Our weekly fintech round-up for you to get the latest funding news from around Europe.
Our weekly fintech round-up for you to get the latest funding news from around Europe.
The company intends to use the capital to “make it even easier for companies to launch and succeed”.
ThinCats will leverage Mambu’s cloud banking solutions and its SaaS technology platform.
Modulr will use the funding to expand its geographic footprint and become a “pan-European payments champion”.
The two firms aim to develop digital banking solutions that will help banks tackle climate change.
Tide says its new offering will reduce the “time and stress of traditional accounting” for its customers.
Hawaii State FCU will go live on Lumin Digital’s platform in June 2022.
The Series F pegs Chainalysis’ valuation at $8.6 billion.
Experian will buy a 51% stake in MOVA for $7.9 million.
Existing investors Octopus Ventures, Opera Tech Ventures and SBI Investment also participated.
Solidus Labs enables safer crypto trading across centralised and DeFi markets through its solutions.
Nets is part of European paytech conglomerate Nexi Group, which will own 100% of orderbird.
The round was led by SVB Financial Group and Piper Sandler Merchant Banking.
Our weekly fintech round-up for you to get the latest funding news from around the world.
BVNK’s CEO says the funds will allow the company to “expand our services, markets and operations”.
Sood joins from GoCardless, where he was most recently vice president of small business.
The Series B round, the largest fintech Series B in Egypt, was led by Kora Capital, PayPal Ventures and Clay Point.
With the acquisition, Ebury aims to expand its offerings in Brazil.
The collaboration seeks to address supply chain financing friction and cashflow challenges.
Existing investors Andreessen Horowitz, PayPal and Fidelity also took part in the round.
The core banking system will be used to support BOC’s custody and clearing business.
The latest round brings Paddle’s total funding to date to $293 million.
The deal is subject to regulatory approvals and is expected to complete in H2 2022.
Hopscotch, founded in June 2021, has raised nearly $10m from 12 investors.
The round, a mix of debt and equity, was led by a local fund.
CEO Doug Ludlow cites “today’s incredibly rough market” as the reason for the layoffs.
BehavioSec tracks mobile touchscreen signals to continuously authenticate identity and prevent fraud.
Column is the only nationally chartered developer infrastructure bank in the US.
BizPay is undergoing an “operational transformation”, which has seen a number of processes automated.
Savino will head up a fintech start-up team as the consultancy looks to bring a new BaaS solution to market.
In his new role at GoCardless, Stoddart will oversee the strategy, sales, product, marketing and customer teams.
The company operates in Mexico and Chile and has more than 450 employees spread throughout LatAm.
The funding will be used to double the size of its team and develop new products.
The early-stage round was led by Matrix Partners and saw participation from PayPal Ventures.
The new funds will be used to expand its merchant network and product offering.
The Series D round was led by IIFL with participation from existing investors Temasek, Tiger Global, and 3one4 Capital.
The round saw participation from Target Global, Global Founders Capital, Finch Capital and Partech, among others.
A handy round-up of the recent funding endeavours of Asian fintech firms.
This week’s funding round-up includes three North American fintechs – CoreChain, OneVest & Crowdz.
The appointment comes after the firm experienced its strongest quarter since the start of the Covid-19 pandemic.