Newsletter, 06 October – 13 October 2017

Spotcap Raises €22M in Equity and Debt Funding

Spotcap, a Berlin, Germany-based online lender, raised an additional €22m in equity and debt funding. Existing investors participated in the funding round which brought total capital raised to €100m.
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A British insurtech startup has raised £27 million in its mission to become the ‚Uber of premium finance

PremFina, a British insurtech startup that aims to make insurance more accessible, has raised £27 million ($36 million) in a funding round led by Rakuten Capital, the investment arm of Japanese e-commerce firm Rakuten.

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Seedrs Raises £10M in Funding

Seedrs, a London, UK-based equity crowdfunding platform, raised £10M in funding.

In early September, Woodford Investment Management made a £4m investment, followed by over 2,000 investors, who invested the remaining £6m. During a campaign lasting less than five days, nearly £7m was and the company could only accept £6m.

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Online real estate investment platform BrickVest raises €7.9 million and partners with Berlin Hyp

BrickVest, the London-based online real estate investment platform, today announced the final close of its second fundraising round with €7.9 million, representing one of the largest Series A funding rounds in the property tech (‘proptech’) sector.

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Blackbaud Completes JustGiving Acquisition

Blackbaud, Inc. (NASDAQ: BLKB), a cloud software company powering social good, announced on Tuesday it has completed its acquisition of U.K.-based crowdfunding platform, JustGiving.

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Online banking startup Outbank announces its bankruptcy.

Eine der bekanntesten deutschen Banking-Plattformen meldet Insolvenz an: Outbank. Das gab das Dachauer Startup am Dienstagmorgen bekannt. „Trotz stetiger Updates und erster Schritte in Richtung Monetarisierung mussten wir gestern schweren Herzens einen Insolvenzantrag stellen“, heißt es in einer Pressemeldung
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