Digital bank Revolut is expanding into Portugal with a new customer operations center in Porto. The company reports that it will hire up to 400 new employees at the new location. Ricardo Macieira, an ex-Airbnb executive, and Rebeca Venancio, formerly at Microsoft, have been appointed… Read More
EstateGuru, an online marketplace for secured, short term loans, has launched in Portugal, according to a note from the company. EstateGuru is now providing crowdfunding services in six different countries including Estonia, Latvia, Lithuania, Finland, and Spain. EstateGuru said by opening in the Portuguese market… Read More
Phone House, a European electronics retailers and telecommunications providers, has formed a partnership with UTtrust, a cryptocurrency payment solution. UTrust, based in Switzerland, went live earlier this year when football club Benifica enlisted its services to accept cryptocurrency payments. Beginning next month, Phone House customers… Read More
Uphold, a U.S.-based digital finance platform, announced on Thursday it has doubled its presence in the country of Portugal by acquiring Scytale, a digital agency based in Braga, Portugal. As previously reported, Uphold is on a mission to create trusted access to digital money and… Read More
Portugal-based agriculture tech company, Agroop, has successfully secured its initial €500,000 funding target through its latest equity crowdfunding campaign on Seedrs. The funding round was launched in March, less than two years after Agroop obtained €514,000 on the funding platform. As previously reported, Agroop was… Read More
Just a little over a year after securing nearly €200,000 through its first Seedrs funding round, Corkbrick Europe has returned to the equity crowdfunding platform to raise €250,000. As previously reported, Corkbrick was founded in 2012 by father-daughter duo Miguel Reynolds Brandão and Catarina Reynolds… Read More
Portugal-based agriculture tech company, Agroop, is now seeking €500,000 through its new equity crowdfunding campaign on Seedrs. As previously reported, Agroop was founded in 2014 with a mission to democratize the access to technology in the farming sector by building a big data analytics platform… Read More
Indico Capital Partners has launched a new venture capital fund. According to a release from the group, the Lisbon based fund has raised €41 million from global LPs calling it the first major Lisbon based fund. The fund aims to identify and invest in the “most… Read More
Undandy, a Portugal-based custom-made shoe company, has closed its equity crowdfunding round on Crowdcube. The campaign was launched last month and raised nearly £1.1 million from more than 275 investors. As previously reported, Undandy, which was founded in 2015, offers fully customizable, handcrafted shoes through its 3D online design… Read More
Banco BNI Europa and Edebex announced on Tuesday they celebrated the first anniversary of their partnership that makes available an online platform for the purchase and sale of invoices to Portuguese companies with working capital needs, offering an innovative alternative to financial credit and traditional… Read More
Undandy, a Portugal-based custom-made shoe company, has successfully secured its initial 1 million funding target through equity crowdfunding platform, Crowdcube. The funding round was launched earlier this month and has attracted nearly 150 investors. As previously reported, Undandy, which was founded in 2015, offers fully customizable, handcrafted shoes… Read More
Raize, a peer to peer lender, became the first initial public offering out of Portugal this week since 2014. The small cap online lender IPOed at €2.00 yesterday (July 18th) having gained 1400 new shareholders. Trading on the Euronext Access exchange under ticker MLRZE shares increased the… Read More
Portuguese peer-to-peer lender Raize has announced an initial public offering (IPO) where it will float 15% of the company’s shares. An additional 10% of shares will be made available for a period of 6 months once trading starts on the 18th of July – trading… Read More
Fintechs Banco BNI Europa and Raisin have furthered the collaboration between the two firms. Banco BNI Europe says it has entered into a cooperation to allow Portuguese savers to gain access to the best savings rates available from across Europe. BNI Europa Executive Chairman Pedro… Read More
Banco BNI Europa, a European digital only bank, has partnered with Alterest to boost their lending vertical. Alterest is a loan data and intelligence platform that should help Banco BNI streamline their analytics, risk management and originating partnerships. Banco BNI says the partnership comprises of data-feeds… Read More
Banco BNI Europa, a digital challenger bank based in Portugal, has partnered with Lendrock in Spain to provide financing to consumers looking to buy a car. Banco BNI said it will invest up to €15 million on this online financing platform that specializes in near… Read More
INIU, a Portugal-based natural juice brand, is now seeking £500,000 through equity crowdfunding platform Seedrs. Founded in 2016, INIU states it was “born” to reinforce a healthy lifestyle by giving each person the “power” to pick an alternative to the unhealthy beverages on the shelves…. Read More
Banco BNI Europa, through Puzzle, its online credit brand, announced this week it has created a partnership with Code for All to provide financial aid to anyone who wants to learn to become an IT developer in Portugal. The partnership aims to convert unemployed people… Read More
Challenger bank Banco BNI Europa is now investing in loans via the Fellow Finance platform. According to information provided by Fellow Finance, Banco BNI is the first European bank to invest in loans on its platform. Banco BNI Europa will now be present on the… Read More
Seedrs and Portugal Ventures, a Portuguese VC firm, have jointly announced a new partnership that will provide a boost to the growing startup ecosystem in Portugal. The VC firm will start investing alongside the crowd with a stated cap of €1.25 million. This co-investing structure… Read More
Crowdfund Insider is the leading news and information web site covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain peer-to-peer / marketplace lending and other forms of Fintech.
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