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Latest Results from /startups

/startups

Kinnevek writes off investment in Monese

Swedish VC Kinnevek has written off its investment in Monese, adding to the financial woes of the mobile money transfer startup.

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SME banking challenger Finom raises €50 million

Finom, the Amsterdam-based financial management platform for SMEs and freelancers, has raised €50 million in Series B funding led by General Catalyst and Northzone.

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NextGen Nordics 2024: Agenda to cover AI, Buy Now Pay Later, data privacy and Request to Pay

The Nordic region has been at the vanguard of innovation across payments for decades, but is that the case in 2024? NextGen Nordics 2024 - a leading conference led by Finextra Research held in Stockholm on 23 April 2024 - will procure an answer to this question from experts hailing from Denmark, Finland, Iceland, Norway and Sweden.

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Alba Bank CEO steps down

Rod Ashley has announced he will be stepping down as CEO of Alba Bank after six years.

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HSBC partners Google Cloud to back climate tech firms

HSBC has joined forces with Google Cloud to offer venture debt financing options to climate technology companies.

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Regtech docStribute raises £820k

Distributed Ledger Technology-based regtech docStribute has raised £820,000 from a gaggle of angels in a pre-Series A funding round.

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Charitable giving fintech Overflow raises $20m

A church pastor has raised $20 million for his startup, called Overflow, that aims to make charitable giving frictionless.

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NextGen Nordics 2024: Payments is ready for a refresh

Finextra is heading back to Stockholm to delve into the most important topics in the Nordic banking world at our NextGen Nordics 2024 conference on the 23rd of April.

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UK fintech investment down 34% in 2023

Total UK fintech investment dropped to $12.3 billion in 2023, down 34% from $18.7 billion in 2022, according to KPMG’s Pulse of Fintech, a bi-annual report on fintech investment trends

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CommerzVentures leads €25 million Series B in Tuum

CommerzVentures has led a €25 million Series B financing round in Estonian core banking provider Tuum.

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Circular economy fintech Twig shuts down

Twig, a London-based 'circular economy' fintech is closing down after failing to raise funding.

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TSB to shutter branches and cut jobs in cost saving exercise

In response to news reported by Sky, TSB have provided comment to Finextra after Sabadell CEO Cesar Gonzalez-Bueno was questioned about a £29 million provision set aside for restructuring within the UK bank.