Payments Firm SumUp Acquires Fivestars for US$317 Million
SumUp, a London-based global payments service provider, announced the acquisition of Fivestars, America’s commerce network that combines a marketing platform with integrated payments, for US$317 million in a mix of cash and stock. The acquisition will enable both companies to
Read More
Facebook to Hire 10,000 New European Talent to Help Build Its Metaverse
Social media giant Facebook announced its plan to create 10,000 new high-skilled jobs within the European Union (EU) over the next five years to help build its “metaverse”. The computing platform is a a new phase of interconnected virtual experiences
Read More
German Asset Manager DWS Group Acquires Minority Stake in Smart Pension
Smart, a global savings and investments technology platform provider based in London, announced that DWS Group has acquired a minority stake in the firm by joining its £165 million series D funding round. The DWS Group is a German asset
Read More
Marc Hauser Appointed as New Head of F10 Switzerland
Fintech incubator and accelerator F10 announced that it has appointed Marc Hauser as new Head of Switzerland and a member of its global leadership team. Gerrit Sindermann, who has been leading F10 Switzerland until recently, decided to pursue new endeavours
Read More
Embedded Finance Firm Alviere Raises US$70 Million in Funding
Alviere, a New York-based embedded finance platform offering single-integration plug and play software services, announced that it had raised US$70 million of new funding. This latest round includes the participation of existing investors Viola Ventures, Viola Fintech and CommerzVentures, as
Read More
Halo Investing Bags Over US$100 Million Series C, Plans to Set up Office in the UAE
Halo Investing, a Chicago-based multi-issuer technology platform for protective investment solutions, announced that it has raised over US$ 100 million in Series C funding. The latest fundraising round was led by Owl Capital and included the Mubadala-backed US$ 1 billion
Read More
New Report Spotlights the Indonesian Fintech Opportunity for Swiss Firms
With a population of 267 million people, a large pool of financially underserved businesses and individuals, and high mobile and Internet penetration rates, Indonesia has seen its fintech industry rapidly expand over the past years, bringing huge opportunities for Swiss
Read More
Advisory Firm Nebula Capital Partners Set to Launch BNPL-Focused Fund
London-based advisory firm Nebula Capital Partners (NCP) is launching a fintech lending focused fund project which bridges the gap between traditional and digital finance. NCP aims to bring the emerging asset classes of digital lending and embedded finance to professional
Read More
7 Must-Know Fintech Startups from Geneva
Geneva, a leading international financial center, is seeing the emergence of a burgeoning fintech sector. Today, the region is home to some 39 fintech companies that cover various segments ranging from blockchain and crowdfunding, to regtech and wealthtech. To keep
Read More
London Fintech 9fin Secures £8 Million Series A Led by Swiss VC Redalpine
9fin, a London-based provider of data, news and predictive analytics for debt capital markets, has announced an £8 million Series A round to fuel its expansion into the US. The company will expand into the US market by opening a
Read More