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Open banking platforms, where services that might not have previously lived next to each other are now joined up by way of APIs, has been one of the emerging trends of the last couple of years, and today one of the leaders in the space out of Europe has closed a round of funding to expand its business. It is live in Sweden, U.K.,
Juni , a Swedish pre-launch startup that’s building a banking app and platform for e-commerce and online marketing entrepreneurs, has raised just over €2.1 Leading the round is Berlin-based Cherry Ventures — the first deal, I believe, from newly recruited partner Sophia Bendz, who herself is based in Sweden.
The concept probably reminds you of Cameo (indeed, Carole Baskin of “Tiger King” fame has a presence on both platforms), but while Cameo is U.S.-based, “We want to be the place where you can find everyone from world famous talents like a soccer or basketball star, to the local musician down the road,” he said.
Klarna now wants to compete directly with Tink with a new business unit that has its own brand — Klarna Kosma. Tink and Klarna are also both headquartered in Stockholm, Sweden. With this new strategy, Klarna is essentially saying that it’s open for business. billion ($2.15 billion at the time of the deal).
Payments made a huge shift to digital platforms during the COVID-19 pandemic — purchasing moved online for many consumers and businesses, and a large proportion of those continuing to buy and sell in-person went cash-free.
Bitpanda says it is the first European retail investment platform that meets these requirements. As Bitpanda wants to grow its white-labeling business , these licenses are key advantages when it comes to signing partnerships with other European fintech companies. -based company.
Along with that news, it’s launching a crypto trading platform and B2B payments for its small and medium business customers. That number has now grown to 500,000 across a footprint that includes Denmark (its home base is in Copenhagen), Sweden and Norway. The new services join a swelling list of offerings for its users.
More funding for sustainability reporting: Sweden’s Worldfavor , an early mover platform focused on building digital infrastructure to support supply chain transparency and cater to organizations’ ESG (environmental, social, governance) reporting needs, has bagged €10.2 million in Series A funding to step on the growth gas.
Jobandtalent says more than 80,000 workers have used its platform to secure temp gigs in the last year across the seven markets where it operates in Europe and LatAm (namely: Spain, U.K., “The pandemic has helped us with both workers and employers in terms of adoption of our platform.”
based fintech that provides finance for small businesses as an alternative to a traditional bank loan or extended overdraft , has replenished its own coffers with £70 million in funding. Providing the financing are previous backers British Business Investments, Paragon Bank and BCI Europe, along with new partner Silicon Valley Bank (SVB).
Inrupt — founded by the creator of the standards of the world wide web, Berners-Lee, and technologist John Bruce — is attempting to “reshape the internet” by building a platform that gives users control of their data. The startup has signed contracts with governments of Sweden, Argentina and Basque, TechCrunch reported earlier.
And digital real estate is serious business. It gives companies and individuals the chance to build a platform, get heard, and above all, make money online. Bottom line: It’s not a good idea to build your entire business on someone else’s land. They don’t care if you’re in sunny Australia or snowy Sweden!
In contrast to America, he points out how Sweden is among the most successful societies in the world from a social mobility perspective — referencing its free education and free health care, which sets up as many people as possible for success. Combined, Klarna is processing over 1 million transactions per day through its platform.
Open source password management platform Bitwarden has made its first known acquisition, snapping up a fledgling Sweden-based startup called Passwordless.dev , which specializes in helping developers integrate passwordless authentication technology into their software.
The proceeds will be used to scale the business beyond its home base of Sweden. We are now looking to bring more products to market and take our preventive pet insurance beyond Sweden.”. What makes Lassie very unique (and our blue ocean strategy) is our preventative business model…. ”
HyperIsland -Hyper Island is a creative business school in Sweden with a unique approach to learning that focuses on collaboration, creativity, and learning-by-doing. Lucid Meeting Agenda Templates -Lucid Meeting is a collaboration and meeting platform.
The plan is to integrate more Kahoot features into Drops’ apps, and to bring some of Drops’ content into the main Kahoot platform. Kahoot picks up $215M from SoftBank for its user-generated, gamified e-learning platform. Spain, Italy, France, Germany, Sweden, the Netherlands, Hungary, Ukraine and Russia. million (€6.3
PideDirecto , a Mexico-based company, is developing a platform that enables local businesses in Latin America to sell directly to their consumers and deliver orders in less than 30 minutes. Fawzi, Samir and Nacoud knew each other from Iraq and studied together in college in Sweden, which is where they met Steiner.
Cloud-based human resource (HR) platform HiBob today announced that it has raised $150 million in a Series D round of funding at a $2.45 billion valuation. This represents a nearly 50% increase compared to its Series C valuation round just 10 months ago , when it also raised $150 million.
Its target market is “durables,” starting in Sweden. seed for its P2P payments platform. “The focus in on replacing legacy-solutions with a comprehensive banking and payments platform for SMEs in this sector, where BNPL plays a key role in the transition in customer behaviour,” he adds.
There is a real opportunity for digital healthcare platforms to scale access to team-based care across the region. The pandemic has seen such platforms scale globally, and Africa is not exempt. Webrock Ventures is a Sweden-based investment company that employs a venture-building model. has no intention of expanding.
trillion in revenues this year, which speaks not only to how much consumers are shopping online these days, but also to how many businesses there are out there now selling to them. Most incumbent banks, and now a fair number of neobanks, target small and medium businesses as customers. The e-commerce market is on track to pass $ 5.5
In line with that trend, today a startup out of Denmark called Ageras Group , which has built a dual-purpose platform, providing both accountancy software and a marketplace for small and medium businesses to find accountants, is announcing a round of growth funding to expand its business. Sweden, Norway, Holland and Germany.
Germany, the Netherlands and Sweden. And this is the beauty of the business model of wholesale marketplaces. And like all social networks, there are some strong network effects as the platform gets bigger. Independent retailer platform Creoate raises $5M seed led by Fuel Ventures. A marketplace without inventory.
The fresh capital will also enable Bokksu to accelerate its primary business lines: subscription, market and grocery. Australia, Germany, Singapore, Sweden and Netherlands, Taing said. . We are thrilled to partner with Bokksu as they scale their business,” said Jon Shulkin, partner and fund manager of Valor Siren Ventures. “In
In the latest development, Annotell , a startup out of Sweden that makes software to assess the performance of autonomous systems’ perception capabilities, and how to improve that, is today announcing that it has raised $24 million to expand its business. We guide our customers on how to improve it.”
If you plan to launch a new startup in France, Denmark or Sweden, there is a new seed fund looking for your pitch. Clustree was a talent management and HR platform that was acquired by Cornerstone OnDemand. He has also invested some of his own money as a business angel. The next step is a proper seed fund with more capital.
Founded in Gothenburg, Sweden in 2016, Minna enables customers to manage subscription services via their existing bank’s app. The platform can also notify customers when a free trial is about to end and facilitates utilities switching, allowing them to find better deals. It has now raised $18.8 million (€15.5
The equity, Nada says, will be invested directly into the platform, including software and a servicing network. Zoomo’s business is broken down into B2B and B2C elements. The other half comes from asset-backed debt from Viola Group, which the startup will use to scale up its hardware into existing and new markets.
HyperIsland -Hyper Island is a creative business school in Sweden with a unique approach to learning that focuses on collaboration, creativity, and learning-by-doing. Lucid Meeting Agenda Templates -Lucid Meeting is a collaboration and meeting platform.
” Occupancy and room-use monitoring is big business across several sectors, and t here are a number of products on the market that function similarly to Minut. “W e are more like a SaaS platform, and we charge a monthly fee per property. This business model change is what’s really enabled this funding round as well.
Sweden-based VC fund Pale Blue Dot bounced onto the scene in 2020 with a €53 million fund to help climate-focused startups. biotech-agritech business, climate risk data analytics firm Climate X ; U.K.-based based logistics company Hived , Danish EV charging platform Monta and French fintech firm Green Got.
In 1999, the Greenpeace national offices in Denmark, Sweden, Finland and Norway united to form one regional entity: Greenpeace Nordic. Holding governments and businesses to account means that the organisation has to remain truly financially independent and therefore Greenpeace does not accept corporate or government funding.
Existing investors including Atomico, DN, Infravia, Kibo and Quadrille also participated in the round — which the startup said values its business at $2.35BN (post-money). “ Jobandtalent is by far the largest job platform in Europe. “ Jobandtalent is by far the largest job platform in Europe.
but also quite formidable, all the reason why those focusing on used goods as a big business are trying to up their quality game, as Back Market is doing. Overall, 1,500 companies sell devices on the platform. Up next, the startup plans to launch in Canada, Greece, Sweden and Slovakia. “We trillion market globally.
The team is composed of about 45 tech and product employees based in Stockholm, Sweden, and 20-plus internal employees in the U.S., MAJORITY provides customized services to about seven specific migrant communities by providing them with culturally specific features, such as discounts at local businesses. Larsson said.
In contrast to America, he points out how Sweden is among the most successful societies in the world from a social mobility perspective — referencing its free education and free health care, which sets up as many people as possible for success. Combined, Klarna is processing over 1 million transactions per day through its platform.
Anomaly’s platform is designed to detect irregularities in medical bills. Anomaly will use the funds to grow the team (the company currently has 12 employees), and scale up their business by partnering with more insurance companies and healthcare systems. . Anomaly is a young company — it was only founded in 2020.
The likes of Sweden , Denmark , and the U.K. Part of this process will have to involve making it easier for consumers and businesses alike to transition to electrification, for example through extending access to electric vehicle (EV) charging stations as the U.S. recently announced as part of its $1 trillion infrastructure bill.
Sweden-based fintech Tink has also been dominant across Europe, while Truelayer and Belvo are holding the fort in the UK and Latin America. In 2017, Kiaan Pillay worked as the head of operations for South African insurance API platform Root. We’ve seen a wave of API-led financial services companies proliferating around the globe.
Swedish startup PocketLaw — a contract automation software-as-a-service legal tech platform which is mainly focused on SMEs — has pocketed €10 million (~$11M) in Series A funding led by European VC firm, Atomico, to fuel expansion in Europe.
For businesses, protecting trademarks is often a lengthy and expensive process, especially if they have multiple brands. To file trademarks, businesses usually ask a lawyer to conduct trademark searches. They are billed per search, which adds up quickly if a business has multiple brands they need to trademark.
For this week’s Pitch Deck Teardown, I’m (virtually) traveling to Sweden to take a look at the $3 million seed round raised by developer tool startup Encore. The company is creating what it calls a software development platform for the cloud. Slides in this deck. 1 — Cover slide. 18 — Diagram slide. Slides in this deck.
The following year, Christians and Hahn brought on creative director Navina Pernsteiner to co-found the business and establish Sono Motors as a company and brand. Sono has partnered with National Electric Vehicle Sweden (NEVS) to produce the vehicles in its former Saab factory. “One base” vehicle platform.
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