The early stage European FinTech deals this week include Fido, Voices of Wealth, Tax Scout etc. We feature check out our Q&As with Eugene Danilkis of Mambu as part of our new series Scaling Enterprise FinTech, as well as with Simon Dingle of Lettuce and Ben Shaw of InsurTech Hub Munich.
Check out the first set of startups and investors who will be on stage at the 12th FinTech Forum, on 19th Nov. 2020 in Frankfurt and register here 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 Simon Dingle of Lettuce
1. Please tell us a bit about yourself, both at work and leisure. I am a fintech entrepreneur and worked on the founding teams at 22seven, Luno, and Curve. My obsessions with broadcasting, computers and network science led me through a career in journalism and into the intersection of money and technology. I authored a […]
Scaling Enterprise FinTech- with Eugene Danilkis of Mambu
…let’s start with a bit about yourself, both at work as well as at leisure. What’s keeping you busy?
I am originally from Vancouver, Canada. I studied Computer Science and worked as a software engineer in the earlier part of my career. After doing my Masters I got into financial services by exploring technology opportunities that traditional vendors could have in terms of reinventing how financial services are provided, especially in emerging markets. We were doing a lot of research before the whole fintech era came around. It was around 2009 or so when we started to look into the space.
7 Questions with Ben Shaw, Director of Programs at the InsurTech Hub Munich
1. Please tell us a bit about yourself, both at work and leisure.
Difficult to separate the two: For work my team and I connect all dots needed to accelerate the insurance industry. We bring structure through proven frameworks to companies attempting to reach product/market fit, help insurers open up to outside talent and work with investors to better understand a companies’ potential. Prior to the InsurTech Hub Munich I ran FinTech Innovation Programmes for Barclays in London and New York, connecting the bank to FinTech founders.
Rise of payment service providers – the pointers to the future of the retail banking industry
Whether PayPal, Adyen, stripe, transferwise, PayU, Wirecard or PAYONE – years ago the first startups of the still young FinTech industry, they have now developed into serious financial services companies. The development of the payment industry is already showing where the journey of the retail banking industry is going.
The Italian fintech company Fido closes a €1.1 million financing round
The Italian fintech company Fido closed a $1.3 million (€1.1 million) round.
Fido is an innovative digital credit & risk scoring platform that uses new types of data and artificial intelligence to verify the identity of consumers online and assess its reliability. The capital increase aims to accelerate the technological and product development of the startup. Fido services can be activated via API or in “no-code” mode by displaying the data directly in the Dashboard.
Voices of Wealth Raises €1.5M in Second Funding Round
Voices of Wealth, the Milan, Italy-based provider of We Wealth, a wealth management marketplace, raised €1.5m in a second funding round.
The company intends to use the funds to continue to expand operations, its business reach and development efforts.
London-based TaxScouts closes €5.5 million Series A to expand to Spain and the rest of Europe
British startup TaxScouts, the team on a mission to make tax preparation effortless, has announced a Series A round of approximately €5.5 million to further its mission to build a pan-European tax service. The startup is expanding into its first market outside the UK and is establishing a team in Spain, following the appointment of a Country Manager.
Amsterdam-based Siilo Seals $10.5M Series A
Amsterdam-based medical messaging app Siilo has raised $10.5 million to expand across Europe, specifically in the DACH and Benelux regions as well as the UK and Ireland.
The Dutch platform allows healthcare workers to communicate, share knowledge and research cases, all while sticking to regulations such as GDPR, ISO-27001, HIPAA and the NHS standards.
Userlane Raises €10M in Series B Financing
Userlane, a Munich, Germany-based provider of a digital adoption software platform, raised €10m in a Series B financing round.The company intends to use the funds to accelerate
1) expansion throughout Europe and the US over the next 12 months and
2) product development.
Berlin-based Candis Closes $14M Series B To Expand Automated Accounting Platform For SMBs
Candis, a Berlin-based automated accounting platform, has raised a 12 million euro Series B round led by Viola Ventures and Rabo Frontier Ventures, the investment arm of Rabobank.
The fresh capital will help develop the startup’s machine-learning engine and fuel expansion within Europe.
United Ventures and TIM Ventures launch €150 million fund for late stage innovative enterprises in Italy and Europe
Today TIM, through its company dedicated to corporate venture capital TIM Ventures, signed an agreement with United Ventures to launch a new fund called UV T-Growth. UV T-Growth will invest in “late stage’” innovative enterprises mainly in Italy and Europe
The aim is to create new services, among others, for the Smart City, Smart Home, schools and the work environment.
Italian VC Eureka! Venture launches deeptech fund with €50 million target
Italian VC EUREKA! Venture has announced its first fund, “Eureka! Fund I – Technology Transfer”, which saw a first close at €38 million and has a final target of €50 million
Founded last year by Anna Amati and Stefano Peroncini, the firm claims to be the first Italian VC focused on deeptech startups, spin-offs and SMEs that are connected to research centers and universities. Specifically, the fund will support the development of advanced materials, and more generally applications and technologies related to materials science and engineering, from proof-of-concept to Series A stages.
Apex Ventures Launches Second Fund Focused on Digital Health Startups
Apex Ventures, a Vienna, Austria-based venture capital firm, is launching its second fund, which will focus on digital health startups.
Led by partner Gordon Euller, a qualified doctor and radiologist who has previously worked at AKH, Vienna’s General Hospital, as well as at McKinsey in London, Apex Digital Health will back seed stage deep-tech companies with defendable IP. The focus area will expand from DACH-based companies, to those based in the rest of Europe, Israel and the US.
Meet us at:
Swiss FinTech Fair, Zürich, 7-8 Sep. 2020 https://www.swissfintechfair.com
EY Startup Academy, Frankfurt, 15 Sep. 2020
South Summit, Madrid, 6-8 Oct. 2020
FinTech Junction, Tel Aviv, 21-22 Oct. 2020
Digital Insurance Agenda, Amsterdam, 28-29 Oct. 2020 https://next.digitalinsuranceagenda.com/dia-amsterdam-2020/want-to-attend/
MoneyConf / WebSummit, Lisbon, 2-5 Nov. 2020 https://websummit.com/moneyconf
12th FinTech Forum, Frankfurt, 19th Nov. 2020 http://www.fintechforum.de/events/
Meet Our Partners:
Heussen https://www.heussen-law.de | Nagarro https://www.nagarro.com/en | Money2020 Europe https://europe.money2020.com | InsurTech Insights https://insurtechinsights.com | Finovate Europe https://informaconnect.com/finovateeurope/ | FN FinTech 40 https://www.fnlondon.com