Fonoa, a Croatian-founded, Dublin-based tax automation platform, has raised $110 million in Series C funding and acquired PwC’s Indirect Tax Edge platform.
Dutch FinTech Silverflow targets international growth as transaction volumes approach one billion annually
Deeptree, an Italian fintech startup, raised 2 million euros in funding to expand its AI-based platform for private markets
Binance announces 380 job openings and investments in AI training for employees
Otomato raises $2 million from Improbable to build real-time intelligence layer for DeFi users
Qonto attempts to acquire distressed fintech company ACASI
SeedBlink launches public round for O3 Partners, a Budapest-based investment company
Nordnet launches Nordnet Social, a community for savers to share knowledge and inspiration
BCP stock rose 0.56% to 0.9616 euros, approaching the 1 euro mark and becoming the third largest company on the Portuguese stock exchange (PSI). The bank achieved a market capitalization exceeding 14 billion euros. Belgian insurer Ageas is evaluating a 5% stake acquisition while Chinese group Fosun explores options for its 20.45% stake. Shareholders approved distribution of 90% of profits through dividends and share buybacks totaling over 900 million euros. The bank earned over 300 million euros in Q1, surpassing analyst expectations.
Fidelidade’s Impact Center for Climate Change (ICCC), launched in October 2024, serves as a research and knowledge center focused on understanding climate change impacts on the insurance sector and society. During the Kristin storm, the center provided critical operational support by producing damage incidence maps and insights. The center operates across three spheres: insurance business improvement, client and partner education on climate risk, and collaboration with academia and policymakers. Analysis of the Kristin storm revealed significant findings about housing vulnerability patterns and structural weaknesses.