Tagged: europe

European Venture Capital Declines in Q3 versus Prior Quarter

Dow Jones has just released its quarterly report on Venture Capital in Europe.  According to their tally, venture capital declined both in regards to funds raised and investment activity during the 3rd quarter. Both the number of funds and amount raised by European VC funds decreased… Read More

Antony Jenkins’ 10x Future Technologies Raises £34 Million During Series A Funding Round Led By Ping An

European fintech firm 10x Future Technologies announced on Thursday it secured £34 million during its latest Series A funding round, which was led by China’s Ping An. Launched in October 2016 by formed Barclay’s CEO Antony Jenkins, 10x Future Technologies provides clients with a new digital platform helps financial service… Read More

N26 Update: Challenger Digital Bank Now Has 500,000 Customers (Infographic)

Challenger digital bank, N26, announced this week it now has 500,000 customers. Founded in 2013 by Valentin Stalf and Maximilian Tayenthal, N26 claims to be Europe’s first mobile bank with a full European banking license and it has redesigned banking for the smartphone by making it… Read More

German Fintecher Cringle Returns to Companisto for Second Equity Crowdfunding Campaign

Cringle has returned to Companisto for its second equity crowdfunding round, aiming to raise 600,000€ for 9.09% equity offered.  The campaign has quickly raised over 61,000€ from more than 83 investors in the first day of its campaign for the company now valued at 6M€…. Read More

Cambridge Centre for Alternative Finance Offers Last Call for European Platform Participation in Benchmarking Report

The Cambridge Centre for Alternative Finance (CCAF) has become the standard by which everyone measures the growth and aggregate success of the alternative finance industry. Cambridge was the first major institution to capture a snapshot, both qualitatively and quantitatively, on the emergence of crowdfunding, online… Read More

TransferWise Announces Borderless Accounts in Canada

Transferwise, one of the highest profile Fintech firms in Europe, announced on Wednesday the launch of its new Borderless account in Canada. This news comes just a few weeks after the company added Apple Pay to the list of options its users may leverage to… Read More

PitchIt, Part of LendIt Europe, Announces High Profile VC Judges

LendIt Europe, a Fintech and lending conference, and Startupbootcamp FinTech, a leading global Fintech accelerator, have announced the judging panel for the second annual PitchIt Europe competition. The startup competition will take place later this fall in London and applications are being accepted now with… Read More

Deadline Nears for 3rd European Benchmarking Study by Cambridge Centre for Alternative Finance

  The Cambridge Centre for Alternative Finance (CCAF) is in the midst of its third European benchmarking survey that measures all forms of alternative finance across the European continent.  CCAF, part of the University of Cambridge Judge Business School, is the leading researcher in the global alternative… Read More

Overfunding: Techsixtyfour Surpasses £200,000 Funding Target on Crowdcube For Child Wearable Gator Watch

Just days after launching its equity crowdfunding campaign on Crowdcube, UK-based Techsixtyfour has successfully secured its initial £200,000 from nearly 175 investors. The funds will be used to continue the growth and European expansion of its child wearable product, the Gator Watch. As previously reported,… Read More

TechSixtyFour Seeks £200,000 on Crowdcube to Bring Gator Watch into European Market

TechSixtyFour, a UK-based wearable tech startup, is seeking to raise £200,000 on Crowdcube to bring its popular wearable, The Gator Watch, into Europe. According to the company, the Gator watch is described as a wearable mobile phone/tracker made for young kids. It can receive calls… Read More

French Venture Capital Firm Breega Announces New €100 Million Fund Directed Towards European Fintech & Insurtech Startups

Breega Capital, a France-based venture capital firm, announced this week its new venture fund, Breega Capital Venture 2, which is aimed towards startups in the fintech and insurtech sectors. The fund offers startups €100 million ($113 million). Founded in 2013, Breega describes itself as a… Read More

LendIt Partners with Startupbootcamp FinTech For PitchIt Europe 2017 Competition

LendIt, the global lending and Fintech conference, announced on Tuesday it has teamed up with Startupbootcamp FinTech for its PitchIt Europe 2017 competition. According to the event’s organizers, this year’s competition is set to see hundreds of applicants all looking to compete in the competition’s… Read More

European Crowdfunding Network Launches Survey on Cross-border Crowdfunding & Online Lending

The European Crowdfunding Network (ECN) has launched a survey dedicated to addressing the challenges of cross border transactions in the investment space. More specifically, the ECN is seeking input on cross border crowdfunding and online lending, including peer to peer / marketplace lending. The ECN… Read More

FESE Responds to EU’s Consultation on Fintech

  The Federation of European Securities Exchanges (FESE) recently published their response to the European Commission’s Consultation, “FinTech: a more competitive and innovative European Financial Sector.” In their response, they listed three principles that they believe will be vital for the development of the Fintech… Read More

The University of Cambridge Launches the 2016-17 European and Africa & Middle East Alternative Finance Industry Surveys

The Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business School has launched its third European benchmarking survey and the second survey for Africa and the Middle East. The two separate research initiatives will review the emerging alternative finance markets in each… Read More

Brief: Mobile Payment Platform Verse Pockets $20.5M in Series B Funding

Mobile payment platform Verse closed a $20.5 million Series B round of funding led by Spark Capital, according to multiple news sources. eVentures and Greycroft Partners also participated in the round whose funds will be added to the $8.3M in Series A funding secured last October. The Barcelona/ San Francisco-… Read More

Europe On Pace for Record Year in Fintech Deals

Despite a quiet start to Fintech deals on a global level this year, Europe looks like it’s on pace to break records, according to CB Insights’ recent Q1 report. CB Insights reported that European fintech firms raised over $667 million over the first three months of the year… Read More

Humaniq Forms New Cryptocurrency Partnership With BOScoin

Blockchain tech company, Humaniq, announced on Tuesday it has officially formed a new cryptocurrency partnership with BOScoin. with South Korean cryptocurrency platform, BOScoin. The partnership will allow both companies to share strategy resources in technology while BOScoin will support Humaniq’s Asia expansion and Humaniq will support BOScoin’s… Read More

Q1 2017 Report: European Venture Capital Rebound

Dow Jones Venturesource is out with their most recent European Venture Capital report and, according to them, the numbers are good for the first quarter of 2017. While the total amount of venture funding raised in Q1 2017 is below Q1 2016, the numbers are… Read More

No Sour Grapes: Online Marketplace Raisin’s €3 Billion+ in Investments

Only three and a half years after its launch as WeltSparen in Germany, Raisin, the online marketplace for savings products, counts more than €3 billion in investments done on the platform. Raisin secured €60 million in several financing rounds from investors including Index Ventures, Ribbit Capital and Thrive Capital…. Read More