Polish fintech Investly, which offers a platform for investing in digital assets, completed a seed round of 4.2 million zł, backed by VO2 Ventures, IPOPEMA and private investor Maciej Duda. The funds will be used to launch the product commercially, strengthen compliance capabilities and expand into European markets.
Northern Gritstone, a UK-based spinout investment firm, is expanding its operations by opening an office in San Francisco, aiming to strengthen ties with Silicon Valley and support its portfolio companies.
Swedish fintech Lendo is awaiting regulatory approval for its banking licence request following a government crackdown on loan sites. The company hopes the Financial Supervisory Authority will approve the application.
Zurich‑based ETH spin‑off Aisot Technologies raised €2.13 million in a Seed extension round, bringing its AI‑powered portfolio optimisation tools to more wealth and asset managers. The round attracted new backer Felix Haldner alongside existing family‑office and angel investors, underscoring confidence in the startup’s agentic AI approach for finance.
In 2017 a group of young visionaries in Berlin, led by Polish entrepreneur Konrad Maruszewski, launched Cringle with the idea that sending money should be as simple as sending a text message. The venture later failed to attract investment, unlike the successful BLIK service.
Transfer Galaxy, a Swedish fintech startup, changed its strategy to a strict profitability focus, resulting in the distribution of nearly the entire profit from the previous year – roughly 25 million SEK – to shareholders, with rumours that the major owners may be planning an exit. Co‑founder and CEO Yosef Mohamed highlighted how special this achievement feels personally.
The UK‑based fintech Revolut secured a banking licence from the French regulator, enabling it to offer full banking services to its customers in France and further expand its European footprint.
Quartr, a financial and stock information provider, has secured new funding for its expansion and welcomed a new majority owner, described as a major industry player.
Dutch fintech bunq was denied a US national bank charter by the OCC, delaying its plans to expand banking services in the United States.
The loan‑brokerage startup Sambla, owned by private‑equity firm Nordic Capital, posted a loss exceeding 500 million SEK according to its new annual report, with the CEO Hans Skruvfors indicating a specific factor behind the loss and preparing for the next phase of the business.