Funding
Austrian Crypto Broker Bitpanda Secures Unicorn Status With $170 Million Funding
Bitpanda, an Austrian digital investment platform dealing with cryptocurrency, announced that it has closed it Series B funding round with an investment of $170 million and attained unicorn status with a valuation of $1.2 billion. The funding round was led
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Payments Provider SumUp Raises €750 Million in Debt Facility
London-based global payments service provider SumUp announced that it has raised a €750 million facility from Goldman Sachs, Temasek, Bain Capital Credit, Crestline, and funds managed by Oaktree Capital Management. The current round was oversubscribed due to high demand from
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Stripe Raises $600 Million in Funding, Pushing Its Valuation To $95 Billion
Stripe, an Irish-American payment processing platform, has raised $600 million (€500 million) during a funding round, pushing its valuation to $95 billion (€80 billion). Primary investors include Allianz X, Axa, Baillie Gifford, Fidelity Management & Research Company, Sequoia Capital, and
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Is a SPAC Approach Plausible for Swiss Companies?
Well, it’s already happening. In the past week, I have heard of 4 Swiss private companies approached by US-listed SPACs interested to acquire them. There may be more such cases in Switzerland by now, but there will definitely be more
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UK Digital Bank Starling Raises £272 Million Funding, Secures Valuation of £1.1 Billion
UK digital bank Starling announced a £272 million (US$ 376 million) Series D funding round led by Fidelity Management & Research Company. The new investment values the company at £1.1 billion (US$ 1.5 billion) pre-money. The funding will be deployed
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Warum in Startups investieren?
Startups nehmen aufgrund ihres innovativen Geschäftsmodells einen grossen Stellenwert in der Eidgenossenschaft ein. Deswegen unterstützen der Bund Innosuisse sowie die ETH Gründer mit Fördergeldern. Doch der Weg ins Förderverfahren ist steinig und kostet Gründern auch im weiteren Verlauf viel Zeit
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Israel Expat Neobank Rewire Raises $20 Million in Series B Funding Round
Rewire, a Tel Aviv-based neobank for migrants, announced a Series B funding round of $20 million led by global crowdfunding platform OurCrowd and also included a line of credit from an unnamed bank. Rewire said that the current round of
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Risikokapital Ökosystem in Europa auf dem Vormarsch – Deutschland wächst Stark
i5invest und das Institut für Entrepreneurship der Wirtschaftsuniverstiät Wien veröffentlichen den European Capital Report 2021 und zeigen, dass sowohl das Venture Capital als auch Private Equity Ökosystem in Europa trotz Covid-19 in den letzten 24 Monaten einen Wachstumsschub verzeichnen. Die
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SPAC Frenzy Comes for Europe’s Fintechs
Bernard Arnault, the chairman of luxury goods group LVMH and Europe’s richest man, is the latest billionaire to embrace the SPAC frenzy, joining hands with global alternative asset management group Tikehau Capital through his investment holding company Financière Agache to
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Sygnum Bank Secures Eight Figure Investment From SBI Digital Asset
Swiss Digital asset bank Sygnum announced that it has secured an eight-figure US$ investment from SBI Digital Asset Holdings, the digital asset umbrella company of SBI Group, as the lead investor of its strategic investment fundraising round. With the completion
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