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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 site also optimizes its localized gaming experiences to show locally trending gaming products.

Lithuania 103
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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. More recently — and unsurprisingly given recent fintech trends — Railsbank is also talking itself up as an embedded finance partner. Railsbank raises $10M Series A for its open banking and compliance platform.

Sri Lanka 115
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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.

Business 120
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Revolut revenue grew by 57% in 2020

TechCrunch

These trends aren’t that surprising as I reported that fintech startups spent most of 2020 focusing on profitability and improving their margins. As the extraordinary circumstances of 2020 drove the trend towards digital financial management we continued to innovate for customers to make their financial lives easier and accelerate daily use.

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Montonio is building the payment and checkout solution to rule them all

TechCrunch

The company just raised a $12 million Series A funding round (€11 million) led by Index Ventures. Montonio currently supports all major banks in Estonia, Latvia, Lithuania and a few major banks in Finland. Meet Montonio , an e-commerce checkout solution created by a small startup based in Tallinn, Estonia.

Estonia 98
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Freelancing is the new normal: oDesk and the future of the workforce marketplace

The Next Web

Among other fastest-growing client countries one can also find Latvia, Pakistan, Romania, Lithuania, and Malaysia. With a trend toward freedom of choice and flexible management, all signs point to an even more remote professional lifestyle in the coming years. Another tip from inside oDesk is to be patient with raising your rates. “If

Russia 151
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Grover grabs $330M to double down on the circular economy with consumer electronics subscriptions

TechCrunch

The mix of debt and equity is typical for a company building, effectively, a leasing business: it is the same approach Grover took when it raised $71 million for its Series B a year ago. That growth has been riding on several concurrent market trends. Fasanara Capital is providing the debt. billion for its used-clothes marketplace.

Austria 86