Investment Led by Passion Capital Will Fuel Expansion Across Europe and Product Development London, 8 October 2024 – Round Treasury, the innovative all-in-one banking and treasury platform designed for founders and CFOs, has successfully closed a £1.6 million ($2.1 million) pre-seed funding round. The round was led by Passion Capital, known for its early investments […]
Multitude Bank, a Malta-based wholesale banking institution, has taken a substantial step in its expansion by acquiring a 9.9% stake in Lea Bank, a publicly-listed Norwegian digital challenger bank. This marks the first phase of a strategic investment, with an additional 8.7% stake already under contract, pending regulatory approval from the Norwegian Financial Authority and […]
OKX Secures VASP License in Dubai, Bolstering Global Expansion Efforts Dubai, UAE – OKX, one of the world’s leading cryptocurrency exchanges, has been granted a Virtual Asset Service Provider (VASP) license by the Dubai Virtual Assets Regulatory Authority (VARA), marking a key milestone in the company’s global growth strategy. This move positions OKX to offer regulated virtual […]
Fabrick Expands European Footprint Through Strategic Partnership with TerraPay to Simplify Cross-Border Payments Fabrick, a leading Open Finance platform, is strengthening its international presence by partnering with TerraPay, a global payments infrastructure provider. This collaboration is set to transform cross-border payments in Europe, initially focusing on Italy, by offering businesses a streamlined, cost-effective solution for […]
Paris, France — [10-Oct-2024] — baCta, an innovative startup focused on revolutionizing natural rubber production, has successfully raised €3.3 million in pre-seed funding. This funding round was led by OVNI Capital, with participation from Kima Ventures, Sharpstone Capital, another.vc, and esteemed business angels including Thibaud Elziere, members of the Hexa team, and Nicolas Morin, co-founder […]
Date: October 9, 2024 Grasshopper Bancorp, the parent company of Grasshopper Bank, has announced a definitive merger agreement to acquire Auto Club Trust, a subsidiary of The Auto Club Group (ACG). This strategic move positions Grasshopper Bank as the exclusive banking partner for depository and selected lending services to AAA members across ACG’s 14-state territory, […]
Vilnius, Lithuania – [10-Oct-2024] – RedTrack, a cutting-edge AI-powered analytics and automation platform tailored for media buyers, has successfully closed a €3.2 million Series A funding round. This round was led by LeadVentures, with participation from InstaVC, IronWolfCapital, and notable angel investor Balazs Gandera. RedTrack’s innovative technology currently tracks 60,000 ad accounts, generating over $2 […]
Stockholm, Sweden – Quartr, a pioneering software and data provider revolutionizing qualitative public market research for finance and investor relations (IR) professionals, has successfully secured €5.4 million in investment from Altos Ventures. Altos Ventures, a distinguished San Francisco-based venture capital firm, is renowned for its patient approach to nurturing companies over the long term. The […]
Rotterdam, [09-Oct-2024] – Paebbl, a pioneering company dedicated to transforming captured CO2 into permanent carbon-storing materials, has successfully raised €22.8 million in its Series A funding round. This investment will expedite Paebbl’s efforts to scale its innovative solutions and establish a robust value chain for CO2 storage within building materials, positioning the built environment as […]
San Francisco, CA – [09-Oct-2024] – Mercury, a pioneering fintech firm dedicated to empowering start-ups with tailored banking solutions, has announced a major milestone in its funding strategy: the successful acquisition of a $100 million credit warehouse from Natixis Corporate and Investment Banking (CIB). This substantial investment will significantly enhance the development and expansion of […]
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