Early stage European FinTech deals include Sparq, ID-Pal, QUIN, Riskbook etc. We feature Q&As with Martin Kreitmair of Tangany, and Manuel Silva Martinez of Mouro Capital (earlier Santander InnoVentures).
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Also check out the updated set of startups and investors who will be “on stage” at the 12th FinTech Forum’s digital edition – http://ftf12.eventbrite.com. If you are a startup- or know one- that is building the next big thing in FinTech, apply to present at the event: email contact (at) fintechforum.de or reach out to us via LinkedIn: Frank Schwab or Samarth Shekhar.
7 Questions with Martin Kreitmair of Tangany
1 Please tell us a bit about yourself, both at work and leisure.
Hi, my name is Martin, living in Munich, and I am one of the founders of Tangany GmbH. Together with my co-founders Christopher and Alexey we have started Tangany in 2017. At Tangany, I am responsible for the administration – namely finance, investor relation, human resources, marketing and controlling. Basically, that reflects my prior experience as director in a Munich tech-marketing agency. I have led a team of 25 employees for about 6 years, which prepared me for my daily tasks perfectly.
Beside that, I am living in Munich for many years and love to attend music concerts and festivals.
Tangany is among the startups selected to present at the 12th FinTech Forum (online event) on 19th Nov. 2020: http://ftf12.eventbrite.de
7 Questions with Manuel Silva Martínez of Mouro Capital (earlier Santander InnoVentures)
1. Please tell us a bit about yourself, both at work and leisure.
I am Manuel Silva Martínez and run the Investments team at Santander InnoVentures. At work, I have built a team that oozes dynamism and intellectual curiosity. We are a very lean structure where free speech and constructive opinions are the basis for our team dynamics and decision-making as investors. In my spare time, I am an avid traveller (70 countries and counting), long-distance hiker (Camino de Santiago several times, Inca Trail in Peru, Kumano Kodo in Japan…) and love to discover new restaurants and foods in East London, where I live.
Manuel Silva Martinez is among the investors sharing insights and investment trends in European FinTech at the 12th FinTech Forum (online event), 19th Nov. 2020 in Frankfurt: https://ftf12.eventbrite.com
Estonia-Based Fintech Sparq Scores €440,000 Financial Backing From the Baltic International Bank
Founded in 2019, Sparq states it combines together the banking sector, fintech market, and retail companies to bring a seamless experience for millennials and generation Z by providing free payments within the EU, loyalty system, and modern fintech solutions.
Irish regtech firm ID-Pal raises €1m to accelerate global expansion
ID-Pal, an identity-verification start-up based in Dublin, has raised €1m in its latest round of funding. Led by Act Venture Capital and a number of private investors, the fresh funding will help the company as it continues to expand in Ireland and internationally. The funding will allow the SaaS verification start-up to invest in sales and marketing activities, resources, system processes and technology.
Berlin-based fintech QUIN raises €1 million to empower millenials to invest rationally
Today QUIN, a investment advisory service, has raised €1 million in seed funding to provide a non-custodian platform empowering people to invest safely and rationally.
Founded this year, QUIN provides people willing to invest in the long-term with a simple, rational and secure investment advice platform.
Riskbook Raises £2M in Seed Funding
Riskbook Ltd, a London, UK-based independent provider of reinsurance technology, raised £2m in seed funding.The company intends to use the funds to further develop its Lloyd’s-recognised digital placement platform.
Co-founded by Jerad Leigh (formerly of TigerRisk and Aon), Ben Rose (formerly of Aon and Lloyd’s) and technical co-founder Jezen Thomas (CTO), Riskbook is an independent technology startup combining reinsurance and software expertise to create a better user experience for global reinsurance practitioners.
Stock-prediction start-up Pynk raises $2m
Pynk will use the funding to build an AI engineering team in Toronto and launch its new ‘retail investor wallet’. London-based wealth-management start-up Pynk has raised $2m in pre-seed and seed funding, with crowdfunding on Seedrs and FunderBeam and investors including Founders Institute and the NatWest Accelerator.
Awell Health raises £1.9 million from LocalGlobe and Moonfire to boost its productivity tools for the healthcare sector
Belgian health tech startup Awell Health has secured £1.9 million in funding from London-based investors LocalGlobe and Moonfire to bolster its collaboration and productivity tools for the healthcare industry. Awell Health’s software platform basically enables healthcare organisations to create, implement and continually update to optimise ‘care pathways’ in order to improve patient outcomes. And yes, it has one for Covid-19 as well.
French Fintech Kard gets €3m funding, aims to expand services to Gen Z Parents
French fintech startup, Kard, has received €3m funding from Founders Future and a few angel investors. Using this financial backing, Kard plans to unveil new additions to its app, especially for parents, and also enrol paid services in the supply chain. The Kard mobile app encompasses all the company’s services in one place.
Small business challenger bank Finom raises another $12 million to expand in Europe
B2B financial service startup Finom–which provides online financial services for SMEs, freelancers and the self-employed in Europe–has received an additional $12 million. The additional investment will allow Finom to extend its licensed activities, develop product and enter new European markets.
Acin Raises $12M in Series A Funding
Acin, a London, UK-based risk and control data standards, benchmarking and controls data analytics company, secured $12m in Series A funding.
The company intends to use the funds to continue to enhance its cloud-based Terminal with additional inventories of risks and controls, software extensions and integrated benchmarking.
Russian surveillance tech startup NtechLab nets $13M from sovereign wealth funds
Ntech Lab, a startup that helps analyse footage captured by Moscow’s 100,000 surveillance cameras, just closed an investment of more than RUB 1 billion ($13 million) to further global expansion…The latest round, financed by Russia’s sovereign wealth fund, the Russian Direct Investment Fund, and an undisclosed sovereign wealth fund from the Middle East, certainly carries more strategic than financial importance
CloudMargin Raises $15M in Series B Funding
CloudMargin, a London, UK-based creator of a collateral and margin management solution native to the cloud, closed on its largest funding round to date, bringing in $15m in a Series B capital raise. The funds will be used to further innovate the platform and technological capability to deliver an enhanced product and service for clients and partners. In addition, the firm intends to expand its sales and client service capabilities in the U.S. and Asia.
45M Euro for the Crypto-Platform Bitpanda – once again from Peter Thiel
Peter Thiel has struck again in the German-speaking area. With his investment company Valar Ventures, he led a financing round for Vienna-based startup Bitpanda. Around 45 Million Euro (52 Million Dollars) were collected by the Trading App for crypto-currencies and gold in Series A.
Online Lender October Raises €258 Million to Support European SMEs
October, a top European online lender, has raised €258 million to lend to European SMEs, according to a note from the company.
October is based in Paris but operates in multiple European countries.
The additional capital raised by the platform is expected to greatly strengthen its capacity for lending and broadens its range of financing for companies.
Seaya Ventures launches €85 million fund for European deeptech startups
Today Seaya Ventures, one of Spain’s leading venture capital firms, has announced today that its third fund, Seaya Ventures III, has reached a first close of €85 million. With a target size of €125 million, the fund will remain open to new investors for the next few months.
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