Kontist pockets €2m for the freelancer bank
German banking app designed for freelance workers Kontist has raised €2m in a new funding round. The capital comes from Danish seed investors Founders and Vækstfonden.
Talanx and FinLeap to launch asset management platform
German insurance firm Talanx is forming a joint venture with Berlin-based company builder FinLeap to launch a digital platform for independent asset managers and private banks.
Cloud9 lands $30m from banks for trader communications
Trader communication provider Cloud9 has raised $30m in a Series A round led by JP Morgan Chase.
Plum nabs $500,000 for savings chatbot
Facebook Messenger-based chatbot Plum has raised $500,000 in a seed round of funding led by 500 Startup’s microfund. The round also saw local angel investors participate.
Holvi hires new CEO to lead future growth
Finnish digital banking startup Holvi is appointing Antti-Jussi Suominen as its new CEO following the company’s acquisition by BBVA in March.
Blackmoon lands $2.5m for alternative investments
Blackmoon Financial Group has raised $2.5m in equity funding to expand its marketplace for balance sheet loan investment. The funding comes from A&NN Group, Flint Capital and Target Global.
Trumid hits $1bn trading volume mark
Corporate bond platform Trumid Financial, which is backed by billionaires George Soros and Peter Thiel, has now traded more than $1bn worth of securities.
Octopus Labs announces first FinTech accelerator cohort
FinTech accelerator Octopus Labs has announced the first five startups that will join its first programme this summer.
Zero scoops up $2.5m for debit cards with credit card perks
Mobile banking startup Zero has raised $2.5m in a seed round of funding led by ENIAC Ventures. New Enterprise Associates, Nyca Partners, Lightbank and Middleland Capital also participated.
JP Morgan partners and takes stake in InvestCloud
The US largest bank by assets, JP Morgan is investing in Los Angeles FinTech company InvestCloud and partnering with it to deploy customised dashboards to investors.