Discover more from Marcel’s FinTech Europe Newsletter
FinTech Europe | 2023 #13
Weekly news up to Tuesday, 28th of March 2023
Last week, a total amount of €269.4m was raised across 18 European FinTech deals 👇
Today’s consumers have high expectations, especially when it involves making purchases - read all about it in the The Global Payments Report 2023 by FIS.
Check out this #fintechreport by Arkwright on "Merchant Acquiring Industry Dynamics - Evolution of the Merchant Acquiring Competitive Landscape".
👀 NEWS HIGHLIGHT
😎 SPONSORED CONTENT
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Checkout.com is known for its payment processing service, but it is now launching a new product: its customers can now create payment cards for their own customers.
German FinTech sector with nearly 1,000 fintech startups, among which 13 unicorns, continued to grow and mature in 2022.
Key European FinTech seed investment stats in 2022 by FinTech Global Research:
Don't miss the chance and join Vacuumlabs and Rudolf Vido on their upcoming webinar on March 29. Register now to reserve your spot through the link below! 👇
NOW, ON TO THE SUMMARY OF LAST WEEK'S NEWS
🌎 FINTECH HIGHLIGHTS
⭐️ eToro secured $250 million in funding at a $3.5 billion valuation, after calling off its plans to go public via a SPAC at a $10.4 billion valuation in 2022.
⭐️ Mollie and Billie launch a pan-European partnership to bring BNPL closer to B2B.
⭐️ Mondu launched in the UK, opening an office in London.
Two raises €18 million Series A. The round was led by Shine Capital and Antler, with participation from Sequoia Capital, Day One Ventures, Alumni Ventures, and others.
Turan received seed funding of $1 million to help enable its digital money transfer initiative for the Turkic States.
Curve is to bring large-scale wearable payment technology to the UK customers.
Enfuce and Science Card launch a revolutionary card to fund life-changing science.
Focalpay secured 15M SEK in investment from Icelandic investor SKEL.
Sibstar launches app to help people with dementia manage their spending.
Unzer is entering the BNPL market with the launch of its new product ‘upaylater’.
ID Finance closed a €30M equity round led by Kingsway Capital.
NPEX secures €2M for its stock exchange platform for small & medium enterprises.
SAP Fioneer unveils B2B embedded finance platform.
Circle will locate its European headquarters in Paris, citing the crypto-friendly climate created by President Macron's government as instrumental to the decision.
Ziglu bids to raise £2 million to stay afloat at a discounted £10 million valuation.
HeavyFinance raised €3 million during its seed funding round.
Connect Earth scores over €5.1 million to decarbonize the financial sector.
Verto launched USD accounts that see customer funds deposited held in protected accounts in accordance with Electronic Money Regulations 2011.
If you are a fintech startup and have over 100 questions send me an email, maybe I can answer a few.