Tagged: berlin

May 31, 2022 @ 11:00 pm By Omar Faridi  |  

Sustainable finance service provider ecolytiq has reportedly finalized a €13.5 million financing round that was led by Visa (NYSE: V) along with other blue chip investors. Consulting company PwC Germany also took part in the investment round via a fund that’s managed by Segenia Capital,… Read More

May 31, 2022 @ 3:13 pm By Omar Faridi  |  

  Mondu is pleased to announce an important milestone in their company’s history: their $43 million Series A round. Since being founded in August 2021, they’ve been focused on “delivering a highly attractive product, growing [their] merchant base and the number of businesses [they] serve,… Read More

May 20, 2022 @ 2:58 pm By Omar Faridi  |  

Fraugster, an AI payment intelligence company, has announced the launch of their latest product, Alternative Credit Decisions, which allows Buy Now Pay Later (BNPL) and Enterprise merchants “to approve more customers without increasing credit risk.” There is a pressing need for a new approach because… Read More

April 14, 2022 @ 7:38 am By Omar Faridi  |  

Upvest, the Berlin-based infrastructure Fintech, has expanded its management team and appointed Markus Maier as the new Chief Operating Officer. Maier has previously “worked at UBS and Deutsche Bank and brings more than 25 years of management experience in the securities services and derivatives business.”… Read More

April 6, 2022 @ 8:44 am By Omar Faridi  |  

Lemon.markets, a Berlin-headquartered Fintech firm that helps companies embed trading services through APIs, has secured €15 million via a seed funding round that was co-led by Lakestar and Lightspeed. Creandum and System.one took part in the investment round, along with contributions from angels (like N26… Read More

March 30, 2022 @ 3:02 pm By Omar Faridi  |  

Ten emerging tech firms have been chosen to participate in the 2022 Fintech Innovation Lab New York, which is a 12-week program “founded and run by Accenture (NYSE: ACN) and the Partnership Fund for New York City.” The program aims to assist early- and growth-stage… Read More

March 19, 2022 @ 6:51 pm By Omar Faridi  |  

Aazzur has reportedly agreed to a sales partnership with European Banking-as-a-Service (BaaS) platform Treezor in order to allow both companies to expand their customer base and strengthen their BaaS offering. Treezor will offer its regulatory and technical expertise by providing its payment infrastructure for account… Read More

March 16, 2022 @ 1:17 am By Omar Faridi  |  

Konvi, which claims to be first pan-European Crowd-Investment Platform for alternative asset classes, is confirming its $900,000 pre-seed round. Investors reportedly include APX and “value-adding” angel investors including former executives from tech giants like Snap Inc and Shopify. Konvi’s management noted that they are on… Read More

March 4, 2022 @ 9:38 pm By Omar Faridi  |  

Dubai-headquartered Fintech firm Alaan has acquired $2.5 million in capital via an investment round. The firm is now coming out of stealth mode. The multi-currency spend management platform developers noted that they would use the proceeds to hire new talent and scale operations across the… Read More

March 2, 2022 @ 8:17 am By Omar Faridi  |  

Payhawk, the payment and expense solution with offices in London, Sofia, Berlin, and Barcelona, has secured an additional $100 million in order to extend its Series B round to $215 million. The Fintech firm’s Series B extension was reportedly “raised at a valuation of $1… Read More

January 17, 2022 @ 9:09 am By Omar Faridi  |  

Ontology, the project that aims to bring trust, privacy, and security to Web 3.0 via decentralized identity and data solutions, recently announced the opening of a new European office in Berlin, Germany. As mentioned in an update shared with CI, Ontology’s move reflects its alignment… Read More

January 10, 2022 @ 3:21 am By Omar Faridi  |  

Solarisbank, a firm that’s focused on creating a world where financial services “seamlessly sync with life,” notes in its Fintech forecast report that 2021 was quite an uncertain period but not as “unprecedented” as 2020. Solarisbank wrote in a blog post that during the past… Read More

December 22, 2021 @ 9:00 am By Omar Faridi  |  

Berlin-headquartered Swarm Markets GmbH, which claims to be the first regulated “decentralized” financial infrastructure provider, announced that it will launch a peer-to-peer contract for “high value transactions in Q1 2022.” The so-called dOTC service “empowers institutions and professional investors to use the first regulated crypto… Read More

December 16, 2021 @ 10:02 am By Omar Faridi  |  

Global Fintech firm MODIFI has announced $145 million in debt financing with existing bank partners Silicon Valley Bank and Solarisbank. The proceeds will be channeled towards addressing rising demand and help more SMEs with trading internationally on MODIFI’s digital platform. The COVID-19 outbreak has “negatively… Read More

December 15, 2021 @ 10:52 am By Omar Faridi  |  

topi has acquired $4.5 million in capital via a pre-seed round that has been co-led by Index Ventures and Creandum. Established by Estelle Merle and Charlotte Pallua, the firm is focused on becoming an international enabler of fast and “frictionless” payments for B2B trade. Angel… Read More

December 14, 2021 @ 12:27 am By Omar Faridi  |  

TripActions, the comprehensive travel, corporate card, and expense management solution, has announced the launch of TripActions LiquidTM in Europe. Through its partnership with Stripe, TripActions Liquid claims to be “the first — and only — Fintech-powered travel and expense management offering that can support card… Read More

December 4, 2021 @ 5:17 pm By Omar Faridi  |  

Fintech firm BillFront announced that it has acquired €50 million in a multi-currency asset-backed financing from Fasanara Capital and “adopted a new name: Vane.” The rebrand to Vane reflects the firm’s strategy to introduce a more extensive suite of financial products and illustrates “how Vane… Read More

November 24, 2021 @ 8:28 am By Omar Faridi  |  

UK-based Payhawk, the payments and expense solution with business offices in London, Sofia, Berlin and Barcelona, has secured $112 million in capital three years after its inception, valuing the firm at $570 million. The Series B investment round has been led by San Francisco based… Read More

November 8, 2021 @ 9:59 pm By Omar Faridi  |  

Sber has confirmed the opening of its first research and development (R&D) center in Europe at Web Summit, which is Europe’s largest tech conference, presently being held in Lisbon. Executive Vice President of Sberbank, CTO of Sber, and head of Technology David Rafalovsky commented on… Read More

September 26, 2021 @ 3:52 pm By Omar Faridi  |  

Feedzai, a US Cloud-powered financial risk management platform, and Berlin’s Banking-as-a-Service (BaaS) service provider Solarisbank have entered a multi-year partnership (announced at Money20/20 Europe). Through the partnership, Solarisbank will be leveraging Feedzai’s innovative tech, which will allow them to apply a proper risk management approach… Read More