Fintech

Neobank Revolut seeks $65B valuation, a year after its $45B deal

Europe’s fintech darling Revolut is looking to raise a new funding round that would give it a $65 billion valuation, the Financial Times reports.  The UK-based company is reportedly in talks to raise around $1 billion by issuing new shares and selling existing ones. The US-based firm Greenoaks is said to be leading the round, […]

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French B2B fintech Qonto reaches 600,000 customers, files for banking license

“Is Qonto a real bank?” is one of the top suggested questions in Google searches about the French fintech startup. The answer is no, but it could change: Qonto has filed for a banking license in France, CEO Alexandre Prot revealed. Qonto, which targets European freelancers and SMBs, currently operates with a payment institution license

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French B2B neobank Qonto reaches 600,000 customers, files for banking license

“Is Qonto a real bank?” is one of the top suggested questions in Google searches about the French fintech startup. The answer is no, but it could change: Qonto has filed for a banking license in France, CEO Alexandre Prot revealed. Qonto, which targets European freelancers and SMBs, currently operates with a payment institution license

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Fintech Bolt progresses its turnaround by landing Klarna as a partner

Klarna and Bolt announced a partnership Monday, which will see Klarna’s payment options integrated into Bolt’s checkout operating system. This deal means Klarna will show up as a buy now, pay later choice on Bolt devices. Merchants using Bolt can offer Klarna’s Pay in 4 or monthly financing options to shoppers in physical stores, and

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Multiplier, founded by ex-Stripe exec, nabs $27.5M to fuel AI-powered accounting roll-ups

In late 2022, Noah Pepper, a former Stripe business lead for the Asia Pacific region, founded Multiplier, a startup that aimed to sell software to tax accounts. But soon after ChatGPT was released, it occurred to him that AI can change how professional service firms use technology. “I realized I was barking up the wrong

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Grifin secures $11M to make investing less intimidating for its female user base

Grifin, an investment app that simplifies investing by automatically purchasing stocks in brands where users regularly shop, announced on Wednesday that it has secured a $11 million Series A funding round, bringing the total amount raised to around $22 million.  Alongside the announcement, Grifin also revealed it has surpassed 500,000 registered users, indicating that its

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Grifin secures $11M to make investing less intimidating

Grifin, an investment app that simplifies investing by automatically purchasing stocks in brands where users regularly shop, announced on Wednesday that it has secured an $11 million Series A funding round, bringing the total amount raised to around $22 million.  Alongside the announcement, Grifin also revealed it has surpassed 500,000 registered users, indicating that its

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