German fintech Upvest raises $42m in Series B round
Upvest says the funds will be used towards building out its investment API, expansion plans and hiring talent.
Upvest says the funds will be used towards building out its investment API, expansion plans and hiring talent.
EDIGard is headquartered in Norway and operates across Sweden, Denmark, Finland, UK and Germany.
Given the rising interest rate environment, liquidity optimisation is a high priority, Finteum says.
The move has been a strategic decision made in response to multiple factors including Brexit.
Iceflow creator Graham Denyer will join MDX Technology as CTO.
At Money 20/20 Europe, FinTech Futures sat down with David Birch, chair of wearable payments disruptor Digiseq.
Airbank raises $20m in a Series A funding round led by Molten Ventures.
“At the heart of the partnership is the delivery of a digital decisioning platform,” Trade Ledger says.
The projects will aim to improve efficiency, customer experience, cybersecurity and other areas.
Project New Era, set to launch in September, is a pilot evaluating the future digital currency ecosystem in the UK.
The total funding raised by Allica Bank now stands at £285 million.
Nexi is selling its tech businesses that are powering MTS and Euronext Securities Milan to Euronext.
The acquisition is “set to revolutionise both the wealth and mortgage technology markets”, the firms say.
Yapily has named Noam Oren its new CTO as it plans European expansion.
Virgin Money says it chose SurePay due to its “extensive experience” in providing Confirmation of Payee solutions.
Neotrade provides financing for SMEs using an AI-based scoring system.
Fluid Finance offers “the world’s first bank alternative linked to your Web3 wallet”.
Fleetcor has signed a definitive agreement to acquire UK-based Global Reach Group.
Juni’s Series B funding round comprises $100 million in funding and $106 million in venture debt financing.
This weekly fintech round-up brings to you funding news from around Europe.
Backbase has raised €120 million in growth equity funding, bringing its valuation to €2.5 billion.
Jim Wadsworth discusses working with fintechs, open banking, becoming a paytech and safeguarding data.
Western Union’s WU+ digital banking app is now live in Germany and Romania.
The extension round is based on a post-money valuation uplift to €5 billion from €4.4 billion.
The new funding will be used for further international expansion, Bud says.
Its two main products are MyMonty, a digital banking service, and MontyPay, a digital payment gateway system.
Societe Generale will transition its existing derivatives IT environment to FIS Cleared Derivatives Suite.
NetGuardians’ software is now used by more than 40% of all cantonal banks in Switzerland.
Temenos’ tech was chosen for its proven reliability, resilience, and flexibility, says CEO of Optimus Cards.
Allica Bank is live with Mambu’s core, while Plazo will use the vendor’s tech to support its lending business.
Part of the proceeds from the fundraise will be used to capitalise LHV’s new UK bank.
Ximedes, a Dutch software firm, has acquired Ginger, an Amsterdam-based online payment platform provider.
Rauva plans to launch its app in early 2023, initially in Spain and Portugal.
The clearing bank will power Ziglu’s real-time processing and reporting for its GBP virtual accounts.
Education and regulatory clarity are key to mass adoption of crypto, Mode CEO Rita Liu says.
Introducing a top provider of issuing and payment solutions with full value chain-coverage and scalability.
The challenger bank laid off 45 of its employees last month.
Find your next fintech career move on the FinTech Futures job board today.
Trustly is aiming to boost its footprint in the UK market, which it says “presents a dynamic ecosystem”.
Our weekly fintech round-up for you to get the latest funding news from across Europe.