Deutsche Börse to acquire Denmark’s SimCorp in €3.9bn deal
SimCorp will sit within a newly created investment management solutions segment, Deutsche Börse says.
Denmark
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Finaro taps MultiPay to boost payment acceptance in Nordics and UK
With the new solution, both firms aim to “simplify the disjointed payments landscape” in the Nordics and UK.
P27 Nordic Payments withdraws clearing licence application, leaving the project’s future unclear
P27 says “new requirements and regulations” have challenged its operating model.
Januar lands European payment licence from Danish regulator
The Danish start-up will now be able to onboard clients from across the European Economic Area (EEA).
Climate-focused fintech for farmers Agreena lands €46m Series B funding
The fresh funding comes a year after the company raised €20 million in its Series A round.
Lunar lands €35m in fresh funding to boost Nordic expansion
Most of Lunar’s existing investors took part in the funding round, the neobank says.
Europe fintech funding round-up: Kennek, Mazepay, Uniify and Snab
Our weekly fintech round-up for you to get the latest funding news from around the world.
Danish financial edtech Female Invest buys trading platform Gaia
Gaia Investments is a trading platform with a focus on sustainable and ethical investing.
Pleo and TravelPerk team up for travel expense automation
TravelPerk’s platform will simplify and automate the travel expense experience for Pleo’s users.
Danish fintech Pleo hires Meri Williams as new CTO
Williams was formerly CTO at Monzo where they helped scale the engineering and data team by 500%.
Danish investment bank Saxo taps Baffle for global data encryption solution
The bank will integrate Baffle’s Data Protection Services platform.
Danish fintech start-up Moneyflow lands €250m in debt financing
Moneyflow says the facility will help accelerate the rollout of its embedded finance services.
CIBC Innovation Banking invests €35m in SME-focused fintech Ageras
The funding will support Ageras’ future strategic acquisitions and the expansion of its software suite.
Danish fintech Ageras buys German neobank Kontist
Ageras co-founder and CEO Rico Andersen says the acquisition is a “critical step” in the company’s growth.
Denmark’s Mazepay receives pan-European payments license to streamline B2B purchases
The license will enable Mazepay to handle transactions on behalf of companies.
Lunar set to acquire Norwegian digital bank Instabank for €132m
Founded in 2016, Instabank claims more than 60,000 customers in Norway, Finland and Germany.
Danske Bank rolls out Conpend’s TRADE AI app for trade finance
Conpend is a specialist provider of document checking software for trade finance processes.
Lunar lands €70m Series D extension round, launches crypto platform
Lunar CEO says the new funding will enable the firm to continue carrying out its Nordic expansion plan.
BNPL provider ViaBill raises $120m in equity and debt
ViaBill’s funding round was led by London-based Fasanara Capital.
Financial “cockpit” for SMEs Ageras raises €30m
Denmark-based Ageras is “poised to become one of Europe’s next unicorns”, investors say.
Danish neobank Lunar welcomes new investor – Hollywood actor Will Ferrell
Actor “excited to take part in Lunar’s mission to give people more power from their money”.
Danske Bank taps SunTec for fee and billing management upgrade
“SunTec is providing a platform that supports our product roadmap,” says Danske Bank.
Danish digital bank Lunar taps Thought Machine for Vault core banking solution
Lunar says it is building the “go-to app” for banking, payments and investments in the Nordic region.
Significant shifts in consumer behaviour create unique opportunities for Nordic merchants
With the steady decline of cash in the Nordics, it is increasingly vital for businesses to provide digital payment options.
B2B spend management platform Pleo adds $200m to Series C funding round
The new funds will facilitate the company’s “massive roll-out across Europe” in 2022.
Payroll start-up Pento raises $35m in Series B
The Series B was co-led by new investor Tiger Global and existing investor Avid Ventures.
FairXchange marks United Fintech’s third acquisition in its first year
London company completes busy first 12 months as it builds a capital markets solutions business.
Danish neobank Lunar acquires payments platform Paylike
Lunar founder and CEO Ken Villum Klausen says payments will be “at the forefront of our next growth phase”.
Mastercard grows open banking offering with Aiia buy
The acquisition of the European open banking provider marks the latest move by Mastercard in the space.
Danish challenger Kompasbank goes live with Mambu’s cloud banking platform
COO says Mambu is “the right choice to help us on our growth trajectory”.
Change at the top for SimCorp as Christian Kromann appointed new CEO
Kromann takes over from incumbent Klaus Holse, who held the role for nine years.
Danish digital bank Lunar secures €210m Series D funding
The challenger says the funds will be used to continue its growth and launch new products.
Pleo lands $150m Series C funding round
The firm says the investment brings its valuation to around $1.7 billion.
Danske Bank to merge MobilePay with Nordic payment apps Vipps and Pivo
The parties say they have joined forces to “strengthen product development and innovation”.
Pleo appoints new CRO as it prepares for $100m funding round
Arun Mani joins Pleo after a successful spell at software company Freshworks.
Nordea core banking chief Joseph Edwin leaves after six years
Joseph Edwin steps away from Nordic giant after many years leading major change.
Danish fintech Blocser launches Butterfly card for UK’s gig workers
“Think of us as a ridesharing service, but instead of rides, you sell your work,” says CEO.
Danish neobank Lunar acquires Swedish lender Lendify
The deal, which is pending regulatory approval, is expected to close by mid-May.
Santander launches Prosper open banking-powered PFM app
Roll-out of Prosper has already started in Denmark.
Danish challenger Kompasbank lands banking licence
The neobank aims to target the SME sector in Europe.
