Tag: Passion Capital

Key European FinTech investment stats in Q1 2024: • European FinTech deal activity totalled at 333 deals in Q1 2024, a 41% reduction from the...

• UK FinTech deal activity totalled at 118 deal in Q1 2024, a 40% drop from Q1 2023 • UK FinTech companies raised a combined...

In a significant development within the FinTech sector, the digital bank Monzo is reportedly on the verge of enhancing its financial and global stature through a strategic stake sale.

Monzo, the UK's largest digital bank, boasting over nine million customers, has closed a funding round, raising $430m.

Lassie, a trailblazing InsurTech startup, has successfully raised €23 million in a Series B funding round led by Balderton Capital. This significant investment marks a milestone in the journey of Lassie, a company redefining pet insurance with a preventive twist.

UK payments FinTech Atoa, a rapidly emerging player set to challenge the status quo in the traditional finance sector, has bagged $6.5m.

CultureAI, the number one human risk management platform for security and awareness teams, has raised £7 million in seed funding. The investment came from Conviction VC, Passion Capital, Senovo, and angel investors Paul Forster, founder of Indeed, and Guntram Friede, formerly Head of Marketing EMEA at Mulesoft.

Xelix, a London-based accounts payable FinTech that is looking to transform finance departments, has raised $5m in Series A funding.

Sweden-based pet insurance platform Lassie has reportedly collected #11m in its Series A, which was led by Felix Capital.

Human cyber security platform founded by professional hackers CultureAI has raised $4m in seed funding.