Checkout.com Raises US$1 Billion Series D, Now Valued at US$40 Billion

Checkout.com, a London-based payments solutions provider, raised US$1 billion in its Series D funding round at a valuation of US$40 billion. The firm has more than doubled its valuation since its US$450 million Series C a year ago. Primary investors

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Top 20 Most Valuable Independent Digital Banks Worth a Combined US$184.7B

Around the world, independent digital banks are growing and maturing. As awareness and adoption surged on the back of the COVID-19 pandemic, investors continued pouring billions of dollars into the sector, pushing valuations to all-time high levels. As of late-2021,

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SEBA Bank Raises CHF 110 Million in Series C Fundraise

SEBA Bank, a digital assets firm with a Swiss banking license from FINMA, announced that it has raised CHF 110 million in a significantly oversubscribed Series C funding round. The round was co-led by Altive, Ordway Selections, and Summer Capital,

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BBVA Switzerland Expands Its Crypto Offering With the Support of Avaloq

BBVA Switzerland’s crypto asset service, launched last June, is now also offering Ether. Through a personalized digital wallet on the BBVA app, both cryptocurrencies can now be automatically converted into any fiat currency, and vice versa. The service, rolled out

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Revolut Launches as a Bank in Liechtenstein and Germany

Revolut has operationalized its Lithuania-based European specialized banking licence in 10 European markets. Customers in Belgium, Denmark, Finland, Germany, Iceland, Lichtenstein, Luxembourg, Netherlands, Spain, Sweden who upgrade to Revolut Bank for additional services will now have their deposits protected under

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Veteran Banker Martha Boeckenfeld Joins GenTwo’s Advisory Board

Swiss securitisation specialist GenTwo announced that former banker Martha Boeckenfeld will be joining its advisory board with immediate effect. Working together with the GenTwo team, she will play an important role as a new member of the advisory board by helping to

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Record-Fundraising in France: €486 Million for SME Banking Startup Qonto in Series D

France SME Banking Startup Qonto announced today it has raised €486 million in Series D funding, bringing Qonto’s valuation to €4.4 billion. This amount is unprecedented in the French tech ecosystem and is one of the largest funding rounds ever

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UBS Next Fund with 3th Fintech Startup Investment

UBS Next launched in October 2020 to identify new venture opportunities within the start-up ecosystem. For this, they did a  strategic collaboration with Anthemis, a global venture capital fund with expertise in fintech investing. In April 2021 they participated in

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French Payroll Solution Specialist Payfit Raises €254M

PayFit, payroll and HR management solution for SMEs, announced that it has raised €254M in a Series E funding round, a record-breaking amount for a French human resources (HR) startup. General Atlantic, a leading global growth equity firm, led the

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Swiss Crypto Industry Unfazed by New Year Bitcoin Crash

The New Year has started with a sharp fall in the price of bitcoin – and some intriguing stories surrounding the Swiss cryptocurrency scene. The industry is well used to volatility in the price of cryptocurrencies and is ploughing on

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