EMEA

PayPal Leads $19 Million Series A for B2B Card Platform Pliant
PayPal Leads $19 Million Series A for B2B Card Platform Pliant
April 17, 2024  |  Investments

B2B credit card platform Pliant is planning to expand after raising $19 million. The funding round, announced Wednesday (April 17) was led by PayPal Ventures and brings the Berlin-based Pliant’s...

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Flatpay Raises $48 Million to Expand POS, Payment Solutions Offering
Flatpay Raises $48 Million to Expand POS, Payment Solutions Offering
April 17, 2024  |  Investments

Flatpay has raised 45 million euros (about $48 million) in a Series B funding round to expand its offering of point-of-sale (POS) systems and payment...

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Report: Mistral AI Targeting $5 Billion Valuation 
Report: Mistral AI Targeting $5 Billion Valuation 
April 17, 2024  |  artificial intelligence

Mistral AI is reportedly exploring a funding round that would value it at $5 billion. The French startup has been in talks with investors about raising several...

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Finmid Raises $37 Million to Enable Embedded Financing in Europe
Finmid Raises $37 Million to Enable Embedded Financing in Europe
April 16, 2024  |  Investments

Finmid has emerged from stealth and announced it has raised 35 million euros (about $37 million) to expand its embedded financing solution to businesses across...

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Apax Partners Acquires HR/Payroll Firm Zellis Group
Apax Partners Acquires HR/Payroll Firm Zellis Group
April 15, 2024  |  Acquisitions

Private equity group Apax Partners will acquire HR/payroll software firm Zellis from Bain Capital. “Zellis is a recognised leader in the payroll and HR software market, a sector that we...

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UK Drafting AI Regulations, But Not Rushing to Introduce Them
UK Drafting AI Regulations, But Not Rushing to Introduce Them
April 15, 2024  |  artificial intelligence

The United Kingdom has reportedly begun to draft regulations to govern artificial intelligence (AI). Policy officials are in the early stages of drafting legislation, but...

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Zopa CEO Doubts UK FinTechs Will Go Public This Year
Zopa CEO Doubts UK FinTechs Will Go Public This Year
April 15, 2024  |  IPO

British digital bank Zopa is profitable and getting closer to going public.  But CEO Jaidev Janardana told the Financial Times (FT) Monday (April 15) that while the company...

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Revolut Investor Says FinTech’s Value Has Jumped 45%
Revolut Investor Says FinTech’s Value Has Jumped 45%
April 15, 2024  |  Digital Banking

A Revolut investor reportedly believes the FinTech’s value has climbed 45% since last year. An investment trust overseen by Schroders has upped its stake in the British company, from 7.88 million...

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Germany to Deliver Benefits Via Payment Cards Rather Than Cash
Germany to Deliver Benefits Via Payment Cards Rather Than Cash
April 12, 2024  |  Disbursements

The German parliament approved legislation Friday (April 12) that calls for benefits to be delivered to asylum seekers on payment cards rather than cash.  This...

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