Former Herbox founders have quietly launched a new venture called Blair, with Emelie Feola (Bianca Ingrosso’s right-hand person) joining as a co-owner. The team emphasizes shared vision and brand-building goals.
Svea Bank has acquired Blipp, a loan company founded by Filip Samuelsson. Samuelsson will remain as CEO, stating the acquisition provides ‘greater muscles’ for the business.
Fitek, an Estonian company specializing in automating invoice and financial processes, begins operations in Poland following the launch of the mandatory National e-Invoice System. The expansion targets Polish businesses seeking financial automation solutions.
Fedelta, a Swedish fintech startup, reported a 500% profit increase in 2024 and introduced a new savings account for private customers. The founder described 2025 as a ‘breakthrough year’ for the company.
Sodena provided a 250,000 euro loan to Muxunav, a Navarre-based company specializing in unattended payment solutions, to support its growth and international expansion. The funding follows a 32% sales increase in 2025.
Klaro, an Italian AI platform addressing credit access challenges for SMEs, secured 3 million euros in funding led by 360 Capital. The platform uses AI and verified data sources to generate credit profiles, accelerating loan approvals for businesses and financial institutions.
Facilization, a technology partner, built Jet Bank—the first fully digital bank in the Western Balkans—in seven months. The bank launched with a mobile-first platform, instant onboarding, and AI-native infrastructure, setting a regional benchmark for digital banking innovation.
UK fintech startup Stoa raised $2.4 million in a pre-seed round to grow its cash management platform, which offers upfront rewards on cash deposits. The platform connects financial institutions, brands, and customers through embedded banking and merchant partnerships.
Thought Machine, a European fintech, has achieved $100m in annual recurring revenue (ARR). The company’s CEO plans to double this figure before pursuing an initial public offering (IPO).
Starling Bank, a UK challenger bank, announced plans to cut 130 jobs as part of a restructuring effort to streamline operations and accelerate AI-driven product development. The move follows a 3% decline in pre-tax profits to £217m and a revenue drop to £887m for the year ending 2025. The bank aims to enhance agility and reduce duplication while expanding its use of AI in banking services.