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

TechCrunch

Tink , a startup out of Stockholm, Sweden that aggregates a number of banks and financial services by way of an API so that those can in turn be accessed via new channels, has raised €85 million (or $103 million at current rates), at a post-money valuation of €680 million (or around $825 million). It is live in Sweden, U.K.,

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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Vivino raises $155 million for wine recommendation and marketplace app

TechCrunch

The app and the company behind it have been helping people enjoy better wine since 2010, and now the startup has raised $155 million with its Series D round – a sum over twice as large as all of its previous funding to date. This brings the company’s total funding to $221 million to date.

Raise 117
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As Klarna looks to raise more capital, is it cutting its valuation enough?

TechCrunch

The Exchange explores startups, markets and money. The Wall Street Journal reports : The Sweden-based payments company is aiming to raise up to $1 billion from new and existing investors in a deal that could value it in the low $30-billion-range after the money is injected, the people said. No one likes a down round.

Raise 88
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Tim Berners-Lee’s startup Inrupt in talks to raise over $30 million

TechCrunch

His new venture, called Inrupt, wants to fix some of the mess many of those companies have made — and it’s in the market to raise money. The startup has signed contracts with governments of Sweden, Argentina and Basque. These partnerships have not been previously reported.

Raise 88
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Nordic neobank Lunar raises $77M at $2B valuation, launches crypto trading platform and B2B payments

TechCrunch

The startup has raised €70 million ($77 million at today’s rates), at what I understand from a person close to the company to be a $2 billion post-money valuation. From what I understand, it is already raising its Series E, which is expected to close in May of this year at an even higher valuation. Augustinus Fabrikker.

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Why Techstars is doubling down on Europe

TechCrunch

New data indicates that France’s startup market is posting record totals in terms of dollars raised. For comparison, that two-quarter figure is billions more than French startups raised in all of 2020. The Exchange explores startups, markets and money.

Europe 109