Topics: Venture Capital

Brexit Fears Defied by Fintech Startup Yoyo

Brexit Fears Defied by Fintech Startup Yoyo

The British mobile payment app has defied Brexit fears by fundraising an impressive £12 million. The successful fundraising round also highlights the strength in venture capital investment, according to the Financial Times who broke the story on Monday. The fundraising will be aimed at supporting the firm’s European and US expansion.   Big fundraising news for Brexit Britain   There [...]

How Are European Banks Investing in Fintech?

How Are European Banks Investing in Fintech?

CB Insights’ research in European banks investment in fintech makes an interesting read. The research company analysed private market fintech investments by assets under management all the way from 2012 to the current year and noticed banks are keen on fintech investments. With the current rate of investing, funding in European-based fintech firms might surpass $2.6 billion this year.   [...]

The European Commission to Reboot its CMU Plan

The European Commission to Reboot its CMU Plan

The European Commission has revealed it would be rebooting its Capital Markets Union (CMU) plan. The Commission hopes it will strengthen Europe’s financial systems at a time when Brexit is looming over the continent.   The CMU was originally adopted in 2015 with the aim of helping businesses access investment across European border. There were 33 measures in the original [...]

Plynk Raises €25m and Plans to Expand Outside Ireland

Plynk Raises €25m and Plans to Expand Outside ...

Irish money messaging app Plynk has secured €25 million in its recent Series A round. The investment round was led by Swiss Privée Ltd, which is a private investment trust. The fintech firm’s next step is to launch the product in the UK and Europe.   The fundraising round   The €25 million investment round was led by the Swizz [...]

Fintech’s New Challenger Bank Raises £32m

Fintech’s New Challenger Bank Raises £32m

Fintech is set to change the financial industry and it’s been especially focused on changing the traditional forms of banking. The online peer-to-peer lender Zopa has taken another crucial step to disrupting the traditional banking sector by raising £32 million. Zopa is preparing to launch its challenger bank and taking the fight directly to the old guard.   Wadhawan Global [...]

UK’s Innovate Finance Calls for Stronger Support

UK’s Innovate Finance Calls for Stronger Support

UK’s fintech sector is facing tough challenges. The Brexit negotiations haven’t properly started yet and the country is currently in the midst of a general election campaign. For the sector, this means uncertainty about the future.   On Thursday, UK’s fintech trade body called for the government and all the country’s political parties to pledge stronger support for the fintech [...]

Barclays to Open Europe’s Biggest Fintech Centre

Barclays to Open Europe’s Biggest Fintech Centre

Barclays announced on Tuesday that it would be opening up Europe’s biggest fintech centre. Despite the worries around Brexit, the UK-based bank is counting on the country to remain an innovation hub for financial firms by opening its co-working space in London.   Focus on nurturing new fintech startups   While the innovation centre, which will be located in Shoreditch, [...]

Modest Start to Global Fintech Investment in Q1 2017

Modest Start to Global Fintech Investment in Q1 2017

KPMG has published its Pulse of Fintech, which covers the global fintech industry performance for Q1 of 2017. KMPG’s research finds global fintech investment to have a modest, yet solid start to the year, with a few strong performers to lead the way.   Global fintech investment falls slightly   The KMPG research shows the first three months of the [...]

Brexit is Pushing Away Fintech Firms

Brexit is Pushing Away Fintech Firms

The International Fintech Conference took place in London on Wednesday and the message from fintech companies was: stay away from London. The reason for such a stark message was UK’s decision to leave the European Union last June. However, government officials were also in hand to send a different message.   Straight talk from a fintech ‘unicorn’   The most [...]

Hunting Green Unicorns and Other Ways to Make Capital Deliver Super Returns

Hunting Green Unicorns and Other Ways to Make ...

A new breed of investor is pursuing a "triple bottom line" strategy, including in their due diligence an analysis of the social, environmental and governance  risks and impacts of investments. As result, there are new opportunities for investing in transportation networks, alternative energy infrastructure, textiles and even farmlands. The motivation is to make money on the deals but also to [...]

EVCA: Fundraising and Investment Activity Strengthened in CEE in 2014

EVCA: Fundraising and Investment Activity ...

  The European Private Equity and Venture Capital Association (EVCA) released its report on the investment, divestment and fundraising activity in the Central and Eastern European (CEE) region last year at the end of last week. The report shows that 2014 was a robust year for the region, while some differences in private equity and venture capital investment remained in [...]

Corporate VCs Have a Field Day in High(er) Tech

Corporate VCs Have a Field Day in High(er) Tech

The rush to invest in exponentially growing Internet and digital media startups has “sucked the oxygen out” of the room for patent-rich startups, and one of the results is that corporate venture investors are having a “field day”, according to Go4Venture in its latest research note. The notion that certain investor groups are operating with very little competition, finding opportunities [...]

EU Teaming Up with a Private Equity Firm to Invest in Sub-Saharan Africa

EU Teaming Up with a Private Equity Firm to Invest ...

According to recent reports, the European Union is about to get more involved with private equity investing. The organisation is teaming up with a private equity firm Aster Capital Partners, with the aim of investing around $60 million in energy companies across sub-Saharan Africa. The AFK Insider reported on the news on Sunday, stating the EU-backed Electricity Fund will be under [...]

Big Deals: SWFs, Family Offices Go Direct-ly Into Euro Venture Capital Market

Big Deals: SWFs, Family Offices Go Direct-ly Into ...

In recent weeks, many of the larger transactions in the European venture capital market have been led by US investors and other “unusual” investors, such as Sovereign Wealth Funds and family offices, according to the latest analysis from Go4Venture Advisors. Some of the investors named are Victory Park Capital (credit investment), Fidelity International (large institutional investor), GIC Private Limited (sovereign [...]

Spanish PE & Economic Recovery Gaining Traction

Spanish PE & Economic Recovery Gaining Traction

Spain was one of the biggest losers in all of Europe during the darkest days of the global financial crisis. While the country remained littered with incomplete construction projects and controversy surrounding financial practices, the economic recovery there is well underway.   According to Private Equity News, a number of private equity (PE) firms around the world have started raising [...]