Connecting the dots in FinTech...

ThetaRay boosts AI financial crime detection with screena (acquired by ThetaRay) acquisition. AI-powered financial crime detection specialist ThetaRay has acquired screening company Screena. Financial terms were not disclosed. Screena helps banks and FinTechs screen individuals, companies and other entities against numerous lists of sanctioned parties to ensures compliance with international law and regulations while protecting reputations, and delivering financial security. The company's cloud-based AI-driven screening technology now becomes part of ThetaRay's product suite, providing financial institutions a holistic view of transactional and customer screening risks. The deal is a milestone for ThetaRay on its journey from an AI-powered transaction monitoring specialist to a cloud-based, end-to-end financial crime detection platform. Source: https://lnkd.in/emJuNJmi Sign up for more news updates like this in our daily newsletter: https://lnkd.in/eskQx7Ym #donedeal #acquisition #ai #security #cibersecurity #financialservices #financialtechnology #financialsolutions #fintech #fintechnews

Dutch accounts receivable SaaS Payt Software raises €55 million to fuel European expansion. Payt’s powerful, easy-to-use software automates the accounts receivable process, improving collection time, reducing bad debt, and enhancing the debtor experience with transparency and efficient communication. Payt will continue to innovate and expand its offering for its customers, with new payment options and upcoming roll-out of new AI capabilities which will further automate customer communication and payment predictions. Sander Kamstra, Co-founder and board member of Payt, stated: “Partnering with Partech marks a pivotal moment for Payt. We found excellent synergy with them and are enthusiastic about the opportunity to collaborate with them. Their expertise will be invaluable as we expand our innovative solutions across Europe.” Source: https://lnkd.in/eUTKEXVj Sign up for more news updates like this in our daily newsletter: https://lnkd.in/eskQx7Ym #donedeal #funding #partnership #investment #saas #financialservices #financialtechnology #fintech #fintechnews

Last week, we saw 9 official FinTech deals in Europe, raising a total of €137.9 million, with 6 deals in the UK, 1 in Estonia, 1 in Germany, and 1 in the Netherlands. Congratulations to Payt Software, a Netherlands-based accounts receivable SaaS platform, for securing a €55 million investment from Partech’s growth fund. We also applaud Sokin, the UK global payments neobank, for their €28.9 million investment from Morgan Stanley’s expansion fund. Lastly, congratulations to Plum , the British money management app, for successfully raising €15.8 million in Series A funding led by iGrow Venture Capital and through a highly successful crowdfunding campaign on Crowdcube. Read the complete BlackFin Tech overview article for more info: https://lnkd.in/dVY9mphf Sign up for more news updates like this in our daily newsletter: https://lnkd.in/eskQx7Ym #fintech #donedeal #financialtechnology #fintechindustry #fintechnews

Marcel's #DoneDeal FinTech Funding Newsletter | 2024 #30 Weekly Funding news up to Friday, 26th of July 2024. HEADLINES/Featuring: Applied Systems, Peach Payments, Operativa, Fortis, MerchantE, PEXX, Allium, Visa, Stripe, Plum , Atom bank, Ebury, Goldman Sachs And more! #fintech #donedeal #funding #investment #investors #venturecapital  #venturecapitalist #angelinvestor #angelinvesting #bnpl #openbanking  #banks #banking #payments #paytech #fintechinnovation #fintechstartup #fintechnews #fintechstartups

UK-based pensions FinTech Jarvis has raised £1.8 million in seed funding in a round co-led by Ascension VC and Cornerstone VC, with participation from Tokio Marine Future Fund. Jarvis is an auto-enrolment workplace pension provider that integrates with payroll systems through an API, providing straightforward reconciliation of payroll data. The Jarvis Pension includes both personal and workplace 'jars', allowing users to manage their pensions and contributions in one place. Royden Greaves, CEO and founder of Jarvis says: “Over my 15 years in the wealth management space, I've seen the stark contrast between those who can afford continuous financial advice and the majority who cannot. This inspired me to create a solution accessible to everyone, regardless of their financial status. Source: https://lnkd.in/gwP8aF8M Sign up for more news updates like this in our daily newsletter: https://lnkd.in/eskQx7Ym #donedeal #funding #vc #vcfunding #pensions #financialservices #financialtechnology #financialsolutions #fintech #fintechnews

Last week we saw 5 official FinTech deals in Europe for a total amount of €27.4m raised with 4 deals in the UK and 1 deal in Latvia. Congratulations to Xapien, a UK-based AI due diligence provider, for securing a €9.4 million Series A round led by YFM Equity Partners. Applause also goes to Instinct Digital, which provides digital reporting solutions for asset managers, for their €5.9 million Series A round led by AlbionVC. Finally, we extend our congratulations to Haruko , a British digital asset investment management platform, which has successfully raised €5.6 million in Series A funding led by White Star Capital’s Digital Asset Fund and MMC Ventures. Read the complete BlackFin Tech overview article for more info: https://lnkd.in/d2zm9SWP Sign up for more news updates like this in our daily newsletter: https://lnkd.in/eskQx7Ym #fintech #donedeal #financialtechnology #fintechindustry #fintechnews

Marcel's #DoneDeal FinTech Funding Newsletter | 2024 #29 Weekly Funding news up to Friday, 19th of July 2024. HEADLINES/Featuring: J.P. Morgan, Slope, BUX, 13books Capital, Stripe, Revolut, lemon.markets, Haruko , CommerzVentures, ReceiptHero, TRUSTAP And more! #fintech #donedeal #funding #investment #investors #venturecapital  #venturecapitalist #angelinvestor #angelinvesting #bnpl #openbanking  #banks #banking #payments #paytech #fintechinnovation #fintechstartup #fintechnews #fintechstartups

BUX offloads UK subsidiary to APM Capital Limited. BUX Holding has sold its UK business BUX Financial Services Limited (BFS) to Asseta Holding, the parent company of UAE-based investment firm APM Capital. BFS is a UK-based investment firm licensed by the Financial Conduct Authority (FCA), offering CFDs and spread betting to both retail and professional clients. The sale of BFS is a subsequent step in the divestment strategy of BUX Holding after the sale of its Netherlands based business to ABN Amro. “We are in the process of divesting all the remaining regulated subsidiaries of BUX Holding,” says Yorick Naeff, CEO of BUX Holding. “With the sale of the Netherlands, and now the UK based business, only the Cyprus based business remains.” The divestment strategy follows a challenging year for the Dutch firm after a potential €100 million buyout by N26 was abandoned, leading to layoffs and the firm's earlier withdrawal of its full-service brokerage from the UK. Source: https://lnkd.in/ei8t_cNG Sign up for more news updates like this in our daily newsletter: https://lnkd.in/eskQx7Ym #donedeal #funding #openbanking #financialservices #financialtechnology #financialsolutions #fintechnews  

Last week we saw 6 official FinTech deals in Europe for a total amount of €27.7m raised with 3 deals in Germany, 1 in the UK, 1 in Ireland, and 1 in France. Applause goes to lemon.markets, the German brokerage infrastructure platform, which has secured a €12 million seed extension led by CommerzVentures, to develop their partnerships and product offering. Congratulations to TRUSTAP, an Irish marketplace payment platform, which has raised €5.1 million in series A funding led by TX Ventures. Finally, we extend our congratulations to Adfin a UK-based platform automating the full invoice-to-cash process, which has successfully raised €4.6 million from Visionaries Club and Index Ventures. Read the complete BlackFin Tech overview article for more info: https://lnkd.in/eBQwNnwM Sign up for more news updates like this in our daily newsletter: https://lnkd.in/eskQx7Ym #fintech #donedeal #financialtechnology #fintechindustry #fintechnews

Marcel's #DoneDeal FinTech Funding Newsletter | 2024 #28 Weekly Funding news up to Friday, 12th of July 2024. HEADLINES/Featuring: NALA, Earned Wealth, AffiniPay, Canoe Intelligence, Revolut, Wise, Index Ventures, Netevia, BucksApp And more! #fintech #donedeal #funding #investment #investors #venturecapital #venturecapitalist #angelinvestor #angelinvesting #bnpl #openbanking #banks #banking #payments #paytech #fintechinnovation #fintechstartup #fintechnews #fintechstartups