Today German startup Monite launches a finance management platform that automates the admin and accounting processes for SMEs and announces it has raised €1.1 million in pre-seed funding. Its investors include Tomahawk VC, signals Venture Capital, InVentures and Runa Capital. Ex-Deutsche Bank board Ralph Müller, Postbank Board Member Lars Stoy, ex-Global Head of FX Trading […] The post Berlin-based Monite raises €1.1 million to automate admin and accounting for SMEs in Europe first appeare
Today nextmarkets, the Cologne-based fintech startup, has announced closing a Series B funding round of approximately €24.9 million. The additional capital is intended to further accelerate the European expansion of the fintech company, and to establish nextmarkets as the leading neobroker in Europe. Founded in 2014, nextmarkets bills itself as ‘Europe’s commission-free neobroker’. In addition to […] The post German neobroker nextmarkets receives €24.8 million in Series B
Today Quadrille Capital, an independent global investor in technology and healthcare growth equity, has announced that it has successfully raised €511 million for its fourth technology fund Quadrille Technologies IV. Up to 50% of this amount will be invested in Europe. Founded around 15 years ago, Quadrille invests in the most promising technology companies worldwide, […] The post Quadrille Capital secures €511 million for 4th tech fund, with up to 50% to be invested in Europe first appear
With countless startups jumping on the bandwagon each month and well-established enterprises seizing the chance to capitalize on the growth of the SaaS industry, Software as a Service has been marking remarkable peaks year in year. London-based Christian Owens’ own experience of running a full-time software business as a teenager, and the pain points that […] The post "There is a huge opportunity for SaaS companies in 2021": Interview with Paddle's co-founder Christian Owens first appeare
On the 28th-30th April 2021, we’re hosting the 7th edition of the EU-Startups Summit. At our annual flagship event you’ll have the chance to (virtually) connect with over 1,500 founders, startup enthusiasts, corporates, angel investors, VCs, and the media, learn from 70+ expert speakers, take part in workshops with internationally successful founders, network via our events […] The post Don’t miss our fireside chat with Glovo CEO Oscar Pierre at the upcoming EU-Startups Summit!
Fast-growing Tallinn-based scaleup Bolt is partnering with IFC, a member of the World Bank Group, to promote access to on-demand mobility services in emerging economies. IFC’s €20 million investment and advisory services will help Bolt expand mobility solutions that create earning opportunities, stimulate small-scale entrepreneurship, and improve access to transportation in Eastern European and African […] The post Estonian scaleup Bolt receives additional €20 million to increase access to
Today British company Countingup, the business current account with built-in accounting software, today announced the close of an approx. €10.5 million Series A investment round, led by Framework Venture Partners and joined by Gresham House Ventures, Sage, and existing investors. The funding will be used to drive product innovation, growth and team expansion. Countingup (founded […] The post London-based Countingup secures €10.5 million to grow its business current account with built-in ac
Just six months after launching in the UK, Austrian femtech pioneer breathe ilo announces a €3 million funding round to invest further into the market. Breathe ilo, which is one of the world’s first CO2-based fertility tracking devices, plans to use the investment to drive further production to fulfil demand from customers. The innovative handheld […] The post Austrian femtech startup breathe ilo raises €3 million to grow its CO2-based fertility tracking device in the UK first appeared o
Today Kin, a private social network app for families, launches with around €2.6 million in pre-launch funding – one of the highest private network raise in Europe ever at the time of launch. The app is entering the market with a valuation of around €20.6 million. The Kin app provides an alternative to the predominant […] The post Family media app Kin launches in the UK with €2.6 million funding and valuation of €20.6 million first appeared on EU-Startups. https://www.eu-startups.com/
In recent years startups have disrupted the landscape of some of the most traditional sectors: banking and financial services. Currently there are over 60 unicorns, which highlights the hype around the fintech sector. These companies have triggered a revolution in customer experience: we now open an account or get a loan in a matter of […] The post "The mass-affluent segment is a huge market opportunity": Interview with wealthpilot's founder and CEO, Stephan Shug first appeared on EU-Start