Tag: Europe

FinTech giant Klarna has become the highest-valued private FinTech in Europe after an eyewatering $1bn funding round pushes its valuation to $31bn.

Cross-border transactions company MoneyGram has expanded its Visa debit card deposit service across Europe in a new collaboration with Checkout.com, Europe's most valuable privately owned FinTech.

Orange Bank has bought French neobank Anytime to scale up its commercial reach and enhance its range of solutions for professionals and SMEs.

Lithuanian identity verification company Ondato has scored $2m in seed capital to fuel its continued European growth, which has been powered by Covid-19.

Only 42% of health insurers in Europe have a consumer facing app, despite the rising importance of digitalisation, according to a new whitepaper from Scanbot.

Cloud-based consumer credit platform Ibancar has netted €1.65m in its new equity round, which will help it expand across Europe.

Alternative investment FinTech iCapital Network is celebrating reaching a series of milestones in its expansion into the European and Asian markets.

The European Commission has adopted a new Digital Finance Package, which aims to improve the competitiveness and innovation of the financial sector.

InfoCert, which claims to the biggest European Certification Authority, has acquired 16.7% of Germany-based digital identity platform Authada.

While the FinTech sector has proven to be quite resilient, Finch Capital believes the real effects will be felt in Q4 2020 and in 2021.