Wero, a European payment platform, is expanding its network as payment providers from several Southern and Northern European countries will connect via a new joint venture based in Madrid. The initiative will allow seamless cross‑border payments for consumers, such as sending a Tikkie abroad or paying online without a credit card, and aims to increase Wero’s reach despite challenges in markets like Germany.
Portuguese insurtech FRANK secured €2.9 million in a round led by Armilar and Start Ventures to scale its AI Operator platform that automates back‑office tasks for insurance brokers, aiming to expand beyond Portugal in 2027.
Bulgaria’s first unicorn Payhawk wants to challenge local players Pleo and Mynt in Sweden with its expense services and corporate cards. The company opened an office in Stockholm, partly with help from its Swedish shareholders, and aims for a US listing in a few years. Its main goal is to reach $1 billion in revenue, says founder Hristo Borisov.
Juicebox, backed by Sequoia Capital, is expanding its operations to London to challenge the UK‑based Jack & Jill platform.
Paris-based startup MARBLE raised €6.5 million in a Series A round led by SMARTFIN, with participation from ADNEXUS, Passion Capital and 42Capital, to build an open-source platform that automates fraud detection and AML compliance for financial institutions.
Lithuanian startup Axiology is providing DLT-based trading and settlement infrastructure for digital securities and is part of the initial rollout of the ECB’s Pontes service, which allows settlement in central bank money, marking a step toward pan‑European digital capital markets.
FlatPay, a Nordic fintech startup, is soaring in the market, prompting other fintech companies in the region to look for their next strategic moves.
Luxembourg‑based startup ANote Music raised €2 million in a round led by Seventure Partners and ScaleFund to grow its marketplace that lets investors buy and sell music royalty rights, broaden its catalogue, and improve its platform and app across Europe.
French fintech SHINE has acquired LIBEO, a specialist in supplier invoice management and payment, joining the CEGID group with its team. The transaction amount was not disclosed.
Datablocks secured the top position at the MERGE Startup Contest 2026, held on 21 September in Digitaliza Madrid, beating other international Web3 and crypto projects such as Shellment and Orion Finance.