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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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FinTech: New ways to finance self-employment and SMEs

The term FinTech – combination of financial services and new technologies – is an abbreviation for financial technology. Among them, various modern technologies are subsumed, which are assigned to the financial sector. A FinTech company – often referred to as FinTech – is thus a company that offers modern, usually…

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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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This is how the founder of this startup got financing for a total nightmare (in the best sense!)

Crypt TV is a social video startup that creates horror shorts for mobiles. Here we tell you how its CEO kept her alive when it seemed she had reached the end of the road with her investors. “We will not get to that point” This is the diplomatic way in…

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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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3D printing startup Markforged raises $82M to invest in products

The well-known 3D printing startup Markforged has received $ 82 million in a round of financing. It was led by Summit Partners, a Boston-based private equity investment firm. According to an article on Globenewswire.com, companies such as Matrix Partners, Microsoft’s Risk Fund M12, Next 47 and Porsche SE were involved.…

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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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A Spanish fintech raises $75 million for its e-commerce financing platform

In Spain, the chain of success began. When Pagantis was born in 2011, his idea was to develop a leading business in the country, as its CEO Rolf Cederström recalls. “We were pioneers in online consumer credit and after the strong demand from our international merchants and partners, we are…

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Fintech: What they are and how your personal finances can help

The arrival and massification of the Internet, the advance of technology added to the inefficiency and the high costs of banking as well as the bankruptcy of some banks like Lehman Brothers, has brought the emergence of a new financial industry called Fintech or Fintek, which applies the technology to…

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