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Sweden-based digital bank Northmill raises $30M

TechCrunch

Northmill Bank , the Sweden-based challenger that has around 200,000 customers across three European countries, has raised around $30 million in new funding. Leading the round is M2 Asset Management, the Swedish investment company controlled by Rutger Arnhult, and asset management firm Coeli. Next stop, Norway.

Sweden 93
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Greece’s Viva Wallet raises $80M for its neobank targeting small business merchants

TechCrunch

In the latest development, Viva Wallet , a Greek startup building banking services aimed at small and medium merchants, has picked up financing of $80 million, money that it will be using to expand its footprint and the services it offers to users, in particular expanding its Merchant Advance loans business. billion ($1.8

Business 102
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Sweden’s Tink raises $103M as its open banking platform grows to 3,400 banks and 250M customers

TechCrunch

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 has now raised €175 million in total.

Open 117
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Juni, the banking platform for e-commerce and online marketing companies, raises €2M seed

TechCrunch

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.

Marketing 119
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Web creator Tim Berners-Lee’s startup Inrupt raises $30 million

TechCrunch

Tim Berners-Lee’s startup, Inrupt, has raised about $30 million in its Series A financing round, a source familiar with the matter said. TechCrunch reported in late October that the three-year-old Inrupt was in talks to raise between $30 million to $50 million. The Inrupt team includes cryptography expert Bruce Schneier.

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Liberis, the embedded finance provider for SMEs, raises additional £70M in equity and debt

TechCrunch

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).

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HR startup HiBob’s valuation surges 50% to $2.45B on a $150M raise

TechCrunch

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 This represents a nearly 50% increase compared to its Series C valuation round just 10 months ago , when it also raised $150 million. billion valuation.

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