Funding
Fintech Funding in Europe Stumbles 70% YoY
European fintech companies secured only EUR 4.6 billion in funding in H1 2023, down by a staggering 70% from the EUR 15.8 billion raised during the same period last year, a new report by European growth investor Finch Capital shows.
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Fintech Among Thoma Bravo’s Top Acquisition and Investment Focus
The bear market of 2022 saw stock prices and valuations nosedive, offering plenty of opportunities for investors with a long-term focus to acquire assets or other companies at a discount. Thoma Bravo, a private equity investor specializing in software technology,
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GenTwo Raises USD 15 Million Series A
GenTwo, a Swiss-based B2B Fintech platform specialized in securitization of bankable and non-bankable assets, announced today that it has raised a USD 15 million Series A led by USbased Point72 Ventures. In conjunction with the investment, Pete Casella, Senior Partner
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Swiss Startup Investor Map 2023
Arcton, a Zurich-based fintech startup, released the “Swiss Startup Investor Map 2023,” a visual guide featuring 116 organizations that provide investment access to Swiss startups. Arcton compiled the map after thoroughly analyzing over 200 Swiss-based entities. The map showcases 116
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Tenity Invests in 11 Early-Stage Fintechs, 3 From Switzerland
The upcoming edition of the Tenity Incubation Program in Switzerland welcomes a cohort of 11 highly innovative early-stage startups selected from a pool of more than 220 applications. The selected entrepreneurs are building solutions in the areas of Web3, Crypto,
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UK Launches 1Bio GBP Growth Stage Fintech Fund
UK FinTech Growth Partners announced that it will launch the FinTech Growth Fund, the first investment fund of its kind focussed on supporting growth stage FinTechs as they scale. With backing for the initiative already secured from industry leaders Barclays,
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SumUp Secures New US$100 Million Credit Facility
Global fintech company SumUp announced today that it has entered into a US$100 million credit facility with Victory Park Capital (“VPC”), a global alternative investment firm specialising in private credit. The credit facility will enable SumUp to provide advance payments
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2023’s Biggest Fintech Acquisition Deals
The global fintech sector is witnessing a slowdown in deal activity, with companies adopting a cautious “wait-and-see” approach. In the first half of 2023, only 128 mergers and acquisitions (M&A) were recorded, compared to 248 and 188 in the first
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Ryta Zasiekina Sells FYST, Relinquishes Her CEO Position
The deal for an undisclosed fee, sealed in the beginning August marks a new chapter in Zasiekina’s career as she leaves the CEO position at FYST. Following a continuous investor interest in a swiftly growing payment consultancy firm, operating in
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Swiss SME Accelerator: Innosuisse Calls For Projects Submissions
Swiss SMEs and start-ups that are established on the market and demonstrate above-average innovation potential can apply for direct financial support for innovation projects within the Swiss Accelerator programme. The novel products and services should be able to be implemented
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