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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.,
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 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.
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.
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 raisemoney. The startup has signed contracts with governments of Sweden, Argentina and Basque. These partnerships have not been previously reported.
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.
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.
Royal went on to raised a total of $71 million , including from the likes of a16z Crypto. That’s good news for web3 music company AnotherBlock , based out of Sweden. Traore, Sebastian Ljungberg, and Filip Strömsten in 2022, the blockchain-based marketplace for music has now raised a €4 million funding round led by UK-based Stride.VC.
Today, a startup from Gothenburg, Sweden called Juni is announcing $206 million in funding — a $100 million Series B and a further $106 million in debt — to build out e-commerce-focused neobank, designed specifically to cater to that growing group of retailers with tools to help them run their business.
Also this year, we’ve seen France’s Alma raise a $59.4 The Exchange explores startups, markets and money. Klarna, based in Sweden, is said to be considering a direct listing. Terms vary, but the space is very active. million Series B for its BNPL efforts. Its 2020 results are here.
With this new mechanism, fund managers should be able to raise a new fund more easily. Some national investment banks have also announced that they’ll invest money directly in large late-stage funds. And he strongly believes that the ability to raise large growth rounds in Europe will lead to large tech companies down the road.
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.
French startup Ankorstore has raised a $102 million Series B funding round (€84 million). This is a significant funding round as it comes just a few months after the company raised €25 million. In addition to buying from several brands at once, Ankorstore withdraws the money from your bank account 60 days after placing an order.
The startup has just announced a $60 million Series B fundraise, money it aims to use to transform the way companies look at last-mile delivery. Couriers can make more money because they can do more deliveries per hour, and customers are happier because the deliveries come more quickly. ” Companies like URB-E in the U.S.
Spotify is spending to advertise its advertising solution so that others can spend more money on Spotify. Swiss startup Frontify raises $50 million , more than double its previous round’s size. And from Sweden, EV company Polestar may go public via a SPAC , as EV company Cake raises $60 million.
MAJORITY , a mobile banking service for migrants to the United States, said on Tuesday it had raised $27 million in its Series A funding round led by Valar Ventures. Other existing investors, including Avid Ventures , Heartcore Capital and a group of Nordic fintech founders, also participated in the raise. Larsson said.
Klarna , the Swedish buy now, pay later behemoth and upstart bank, has raised $1 billion in new funding at a post-money valuation of $31 billion. As BNPL startups raise, a look at Klarna, Affirm and Afterpay earnings. That sees the company retain the crown as the highest valued private fintech in Europe.
French startup Ankorstore has raised a $283 million Series C funding round (€250 million). Founded in November 2019, it took Ankorstore around two years to reach a post-money valuation of $2 billion (€1.75 In May 2021, when Ankorstore raised its Series B , the company told me it was working with 50,000 shops and 5,000 brands.
It has raised a total of $22.85 At the time, Swedish startup Lendo – a precursor to FinanZero – was making waves in Sweden, and the team felt that a similar model would succeed in Brazil, a country known for its bureaucracy and red tape, and thus primed for a streamlined and hassle-free approach to loans. million to date.
As a reminder, Pleo raised $150 million in July 2021 — and then another $200 million in December 2021. Last year, the company had 20,000 customers across six countries — Denmark, Sweden, Germany, Spain, Ireland and the U.K. The idea is that Pleo can help you automate many of the processes that come with spending your company’s money.
Billogram , which has built a platform for third parties to build and handle any kind of recurring payments (not one-off purchases), has closed a round of $45 million.
If you plan to launch a new startup in France, Denmark or Sweden, there is a new seed fund looking for your pitch. Emblem said today that it has raised nearly $54 million (€50 million) for a new European seed fund. And this is only its first close: the firm expects to raise as much as $80 million (€75 million) by the end of the year.
The aggressive push into new markets is fueled by the $750 million Series A funding round Zeekr raised in February, which shot the automaker’s post-money valuation up to $13 billion. Prior to that raise, Zeekr said it had filed confidentially for an initial public offering in the U.S.
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). Alongside the equity raise, the 2009-founded startup has secured another chunk of debt financing ($75M) from Blackrock.
Anna To SVB and back The Exchange recently noted how Sweden was punching above its weight in terms of startup dollars raised per capita. His health tech company, which has raised $26 million to date according to Crunchbase , is both Israeli and American. We talked to one of them, MDI Health CEO Avishai Ben-Tovim.
Minut just raised $14 million to further expand its privacy-forward “shhhh, it’s time to take it down a few notches” solutions for the hospitality sector. We charge for the sensor, but we’re not really trying to make any money on the hardware side. Sweden, France and Spain. It has offices in the U.S.,
With fragmented and unresolved distribution and digital payments ecosystems, game studios have found it difficult to serve African consumers and make a ton of money doing so. This month last year, we reported that the company had just raised a $2.5 With this investment, Carry1st has raised a total of $9.5
Then if you’re successful in finding them, you will spend more money for recruiting talented people than in any other city in the world. But when we initially started raisingmoney – for building a new project management tool – investors fell asleep. He started Skype in Sweden. No one believed in it.
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. It reportedly raised from Crane Venture Partners with Acequia Capital , Essence Venture Capital and Third Kind Venture Capital joining the round. .
Founded in 2013 (or 2014 depending on the source), the Chicago-based company has raised over $82 million in funding over its lifetime from investors such as FinTech Collective and Oak HC/FT , according to Crunchbase. Its biggest competitor, Bolt, raised “roughly 50 times that figure,” according to The Information. .
90% of those orders come from Germany or “German-speaking countries” and the remaining 10% comes from countries like the Netherlands, Spain, France, Italy and Sweden, where the vehicles will be manufactured. Sono has partnered with National Electric Vehicle Sweden (NEVS) to produce the vehicles in its former Saab factory.
In May, the company raised $110 million to help fund its U.S. You’re either crazy, or if you’re in it for money, you’re not going to get there, because there are much easier ways to make money. Einride launched its U.S. expansion, bringing its total funding to $150 million. ” Robert Falck.
Wise Business cards and sending money with a link. The Netherlands and Sweden in May 2022. SmartAsset , a marketplace that connects consumers to financial advisors and raised $110 million in a Series D round of funding in June of 2021 at a unicorn valuation, is hiring across several remote roles. on May 5, 2022.
To fund development of the marketplace, the team has raised around $4 million in total to date — mainly comprised of a $3.6M Alfred is from a small village in the middle of nowhere in Sweden, I grew up in an immigrant family, and Sam is a working class bloke from Leeds. And we had fairly little exposure to opportunity.
Packed with practical, how-to advice and examples for small nonprofits on a limited budget, this free webinar will show you how to leverage your social media accounts to raisemoney and strengthen relationships with donors so they give again. How to choose the correct social media platforms for your small nonprofit.
Packed with practical, how-to advice and examples for small nonprofits on a limited budget, this free webinar will show you how to leverage your social media accounts to raisemoney and strengthen relationships with donors so they give again. How to choose the correct social media platforms for your small nonprofit.
Phone numbers are provided for those in the United States, Canada, Australia, Austria, Belgium, Brazil, Denmark, Finland, France, Germany, Ireland, Italy, Mexico, Netherlands, New Zealand, Norway, Spain, Sweden, Switzerland, and the United Kingdom. << << View All Upcoming Webinars >>
Phone numbers are provided for those in the United States, Canada, Australia, Austria, Belgium, Brazil, Denmark, Finland, France, Germany, Ireland, Italy, Mexico, Netherlands, New Zealand, Norway, Spain, Sweden, Switzerland, and the United Kingdom. << << View All Upcoming Free Webinars >>
This webinar will walk through the basics of crowdfunding so that your nonprofit can utilize this growing fundraising method to bring in more money for your cause. Presented by: Gary Wohlfeill of CrowdRise by GoFundMe. << View All Upcoming Free Webinars >>
In-person fundraising events are wonderful ways to help organizations meet new donors, establish trust and, of course, raisemoney. Time: 1pm EST / 10am PST. Presented by: MobileCause. To reach those event goals, nonprofits need to deploy proven strategies that boost their event revenue.
This webinar will delve into how nonprofits can harness the power of mobile messaging in order to better engage their audience and raise more money for their cause. With 96% of all Americans owning mobile devices, and 81% of U.S. Creating more personal and targeted messaging to inspire higher levels of giving.
Memmo.me , a startup allowing users to pay celebrities for personalized video messages, is announcing that it has raised $10 million in Series A funding. ” Cameo raises $50M to deliver personalized messages from celebrities & influencers. . Memmo has now raised a total of $12 million.
French startup Back Market — a marketplace for refurbished electronics goods — has raised a $335 million Series D funding round led by General Atlantic. Up next, the startup plans to launch in Canada, Greece, Sweden and Slovakia. “We billion, the company said. It will be using the funding to expand into new markets.
On September 19, I reported how Boundless Rider and CoverTree each raised millions of dollars to provide insurance for very specialized products. Then, midweek, I covered Pie Insurance’s massive $315 million Series D raise. Boundless Rider was founded specifically to serve riders of motorcycles, e-bikes and power sport vehicles. “And
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