Investing

Former Product Hunt CEO Josh Buckley Seeks to Raise $250 Million for Buckley Ventures’ Fourth Fund Amid Shifting Venture Landscape

Amsterdam, 21 October 2024 – Josh Buckley, former CEO of Product Hunt and founder of Buckley Ventures, is seeking to raise $250 million for his fourth venture capital fund, according to a recent regulatory filing. This new fund marks a shift in Buckley’s strategy, as it comes at half the size of the $500 million […]

Payments

Klarna Payment Options Now Available on Apple Pay for Seamless Checkout Experience

Klarna’s Flexible Payment Options Now Integrated with Apple Pay In-App and Online in the U.S. and UK, with Canadian Expansion to Follow 17 October 2024 – Klarna, the global AI-powered payments network and shopping assistant, has announced its integration with Apple Pay, offering flexible payment options for users at checkout online and in apps on […]

Startup Funding

Entrepreneurs and Investors Unveil “EU Inc.” to Create a Unified Pan-European Startup Ecosystem Under the 28th Regime

In a bold move set to transform Europe’s innovation landscape, a coalition of leading entrepreneurs and investors has launched EU Inc., a groundbreaking initiative aimed at establishing a single pan-European startup entity. This visionary effort seeks to streamline Europe’s fragmented startup ecosystems under the EU’s 28th regime, which provides a unified legal framework that simplifies […]

Insurtech

Diesta Raises $3.8M in Seed Funding to Modernize Payment Operations in Insurance Industry

Diesta, a London-based B2B SaaS provider revolutionizing payment operations in the insurance sector, has secured $3.8 million in a Seed funding round. The round was led by New York-based venture capital firm FinTech Collective, with participation from Commerce Ventures, alongside existing investors Restive Ventures and SixThirty. This latest funding builds on the company’s momentum, following […]

Fintech

Italy’s Heavy Crypto-Asset Taxation: A Barrier to Innovation?

Stefano Capaccioli, Chartered Accountant and Founder of Coinlex, Comments on Italy’s Crypto Climate Italy, known for its rich history and culture, is becoming less welcoming to one of the world’s most transformative financial innovations—cryptocurrencies. With a maximum taxation rate of 42% on crypto-assets, Italy’s stance is seen as punitive and restrictive, driving concerns among crypto […]

Payments

Mastercard and Visa Partner with Swedish Fintech Findity to Revolutionize Business Expense Management

Findity Launches Groundbreaking Real-Time Card Functionality Stockholm, Sweden – [16 Oct 2024] – Findity, a leading player in expense management technology, is proud to announce the launch of its innovative Real-Time Card feature. This cutting-edge functionality allows users to seamlessly connect any Mastercard or Visa to Findity’s platform, enabling real-time tracking and management of business […]

Payments

PausePay Partners with Visa, Set to Revolutionize Business Payments with a New BNPL Model and Prepares for €1 Million Funding Round

Innovative Fintech Startup Poised to Transform Business Transactions Through Visa-Powered Credit Card System Milan, Italy – October 2024 – PausePay, a pioneering Italian fintech startup specializing in Buy Now, Pay Later (BNPL) solutions for businesses, has officially signed an agreement with global payments leader, Visa. The collaboration introduces a revolutionary business credit card that enables […]

Fintech

Multitude Bank Acquires Significant Stake in Norwegian Digital Challenger Lea Bank

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 […]

Insurtech

Akur8 Secures $120 Million in Series C Funding to Drive Global Growth and Innovation

October 2024 — Akur8, the AI-powered insurance pricing and reserving platform, has successfully closed a $120 million Series C funding round, bringing its total raised capital to $180 million. The round was led by One Peak with participation from Partners Group and Guidewire Software, Inc. This new investment will fuel Akur8’s rapid growth, enabling it […]

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