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Railsbank, the Banking-as-a-Service, raises $37M in growth funding

TechCrunch

Railsbank , the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding. Railsbank raises $10M Series A for its open banking and compliance platform. Singapore, Vilnius (Lithuania), Munich (Germany), Newcastle (U.K.), Visa), regulation, and compliance,” he told me at the time.

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After lockdowns boost gaming marketplace Eneba, it raises $8M from Practica and InReach

TechCrunch

Eneba , a marketplace for gamers that sells games and other products, has raised an $8 million round of funding from Practica Capital and InReach Ventures. The funding is described as a “combination” of a seed and Series A round. traffic.

Lithuania 103
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From ‘literally zero’ experience to $100M, this VC is raising his second climate tech seed fund

TechCrunch

Climate tech is cool now, but Peciulaitis’s Lithuania-based venture firm is sticking with its name anyways. Contrarian has completed 21 deals to date, and this year it expanded beyond Lithuania with new partners in Berlin and London. To that point: PitchBook tracked 1,130 climate tech deals globally in 2021, topping $44.8

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Revolut confirms cyberattack exposed personal data of tens of thousands of users

TechCrunch

Revolut, which has a banking license in Lithuania, wouldn’t say exactly how many customers were affected. Last year Revolut raised $800 million in fresh capital , valuing the startup at more than $33 billion. “Customers who have not received an email have not been impacted.”.

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SumUp raises $895M in debt to double down on its B2C payments business

TechCrunch

Most recently these deals included acquisitions of the business-focused mobile banking platform Paysolut in Lithuania, as well as Goodtill and Tiller to expand into point-of-sale for bigger venues. You’ll hear firsthand how some of the most successful founders and VCs build their businesses, raise money and manage their portfolios.

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Nord Security, the startup behind NordVPN, raises its first-ever funding, $100M at a $1.6B valuation

TechCrunch

The company has raised $100 million in a round of funding led by Novator — the European firm that’s backed Deliveroo, Stripe and Tier, among others — with Burda Principal Investments and General Catalyst, and individuals including Ilkka Paananen of Supercell, Miki Kuusi of Wolt and Matt Mullenweg of Automattic also participating.

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Facebook Dating launches in Europe after lengthy delay

The Verge

But the close connection Facebook Dating has to the rest of the company’s products has raised concerns in the past. Facebook touts the service’s privacy features, with many of its more personal matching tactics entirely optional.

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