Payments

Modulr Acquires Nook to Transform Accounts Payable Automation and Business Payments

Strategic acquisition combines Nook’s award-winning AP automation with Modulr’s embedded payments expertise to streamline operations for UK and European businesses. Modulr, a leading embedded payments platform, has announced the acquisition of Nook, a disruptive innovator in accounts payable (AP) automation. This strategic move combines both companies’ expertise to address inefficiencies in business payments, eliminate manual […]

Fintech

Coinbase Policy Head Envisions a “Powerful Synergy” Between AI and Blockchain for the Future of Digital Finance

Tom Duff Gordon, Coinbase’s Vice President of International Policy, recently shared insights on the promising intersection of artificial intelligence (AI) and blockchain, the evolving regulatory landscape for cryptocurrency, and Coinbase’s strategic vision outside the U.S. At the recent Innovate Finance conference in the UK, Duff Gordon highlighted AI and blockchain as transformative forces with the […]

Payments

MyGuava and Crystal Palace Football Club Unveil Exclusive Fan Payment Cards and Rewards Program

London, UK – [Insert Date] – MyGuava, in collaboration with Crystal Palace Football Club, is excited to announce the launch of exclusive Crystal Palace Fan Cards, offering a range of rewards and perks designed to enhance the fan experience. This partnership provides supporters with a unique opportunity to celebrate their connection to the club while […]

Startup Funding

Unitplus Secures €4.7 Million in Seed Financing to Launch AI-Powered Investment Product

Berlin, Germany – In a significant milestone, Berlin-based fintech startup Unitplus has raised €4.7 million in seed funding, led by UK venture capital firm Pact. This latest round also saw participation from Seed X, a specialist fund focused on financial startups, alongside prominent business angels, including Alexandros Bottenbruch from PayPal Ventures. Unitplus, known for its […]

Startup Funding

Monark Markets Secures $2.2 Million Seed Funding to Revolutionize Private Market Access

New York, USA – October 2024 – Monark Markets, a pioneering company focused on integrating private market investments into traditional brokerage and wealth platforms, has announced the successful closure of a $2.2 million seed funding round. The round was led by Garuda Ventures, with participation from K50 Ventures, Grit Capital Partners, Niche Capital, and prominent […]

Startup Funding

Valon Secures $100 Million in Series C Funding to Revolutionize Mortgage Servicing

Leading U.S. subservicer Valon, backed by WestCap, accelerates innovation and growth Valon, a rapidly growing innovator in mortgage servicing, today announced it has secured $100 million in a Series C funding round led by WestCap, with participation from both new and returning investors. This fresh injection of capital marks a pivotal moment for the company, […]

Startup Funding

YouLend Boosts $1bn US SMB Funding Potential with Castlelake Facility – Fintech News Europe

USD Financing to Power Expansion Plans, Potentially Extending $1 Billion in Capital to Small Businesses Over the Next Three Years ATLANTA, Oct. 21, 2024 – YouLend, a global leader in embedded financing, has announced the securing of a new three-year financing facility with funds managed by Castlelake, a global alternative investment firm specializing in asset-based […]

Fintech

N26 Reopens Account Registrations in Italy After Addressing Regulatory Challenges

N26 Resumes Operations in Italy, Appoints Andrea Isola as New General Manager German digital bank N26 has successfully resolved the regulatory compliance issues that led to its temporary suspension in Italy in 2022. With new leadership in place and a renewed focus on expansion, the bank is ready to compete in the Italian market. Milan, […]

Fintech

Affirm Stock Declines Following Klarna’s Apple Pay Integration Announcement

Date: October 23, 2024 London, UK – Affirm (NASDAQ: AFRM) shares experienced a notable decline today following Klarna’s announcement that its popular “Buy Now, Pay Later” (BNPL) services are now integrated with Apple Pay, giving Klarna a competitive edge in the digital payments space. This development is seen as a significant step for Klarna, offering […]

Startup Funding

Parto Secures €2.5 Million in Pre-Seed Funding to Revolutionize Payment Solutions for the Social Economy

Hamburg, October 15, 2024 – Social FinTech startup Parto has successfully raised €2.5 million in a pre-seed funding round, with participation from prominent investors including Heal Capital, Motive Ventures, and several business angels. The funding will support Parto’s mission to transform payment processes in the social economy, offering digital solutions tailored for sectors like child […]

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