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Tag: financing

The coronavirus crisis takes its toll on fintech companies: funding rounds drop to their lowest level in 3 years

The uncertainty generated by the COVID-19 crisis is evident in the economy and in the movements of investors. In a scenario where nobody knows exactly what is going to happen, money moves wisely. This has been noticed in the rounds of financing of fintech, one of the most attractive sectors…

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StudentFinance closes a round of financing of more than one million euros

The Spanish fintech StudentFinance, has closed an investment round of 1,150,000 euros, to consolidate in our country, the educational financing system based on the “Shared Income Agreement”. The company will use this capital to build a technological data infrastructure that provides its partner schools with a platform to offer this…

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A fintech initiative will launch a virtual credit card offering customized financing solutions

Mastercard will launch with the fintech Pagantis a virtual credit card, which will offer customized financing solutions. According to what both companies have explained, the card will be available in the coming months in Spain, Italy, France and Portugal. A step to the long-term plan Paloma Real, the general director…

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Schramböck announces startup package: Easier financing and sandboxes

In a conversation with the brutkasten on the fringes of the governmental meeting in Mauerbach, Germany, digitization minister Margarete Schramböck announced a new startup package from the Federal Government. The previous government did not come very far with its startup package. Now there should be a new start – probably…

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A European giant of online financing is emerging: What does this mean for startups?

The Austrian Finnest and the Finnish platform Invesdor are pooling their offerings to offer more different services in online financing. A new giant emerges among the European providers for online investments: The Austrian Finnest GmbH and the Finnish Invesdor Oy are merging their businesses and forming the new Invesdor Group.…

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