Fintech company Fxity increased its profit from SEK 700,000 to SEK 16 million under CEO Mikael Lindgren. The co‑founder Johan Elfgren is now taking over as CEO, stating that the company has only scratched the surface of its potential.
Salt Bank introduced a new benefit called the “13th salary” where the bank, instead of the employer, can provide an extra salary to customers who deposit their wages into a Salt account during the campaign. The promotion runs until 31 October 2026, after which five winners will be chosen to receive an additional amount up to 25,000 lei.
Rickard El Tarzi is stepping down as CEO of Flat Capital, a company founded by Sebastian Siemiatkowski, after the parties had differing opinions.
Mediobanca becomes a shareholder of Polish quantum‑fintech startup FinQbit, valuing the company at €20 million and launching a cross‑border collaboration with London’s Founders Factory, while adding former PKO Bank Polski CEO Zbigniew Jagiełło to its advisory board.
Molten Ventures secured a £175 million first close for its Ventures Growth Fund, backed by a £75 million cornerstone from the British Business Bank, to support Series B‑plus technology companies in the UK and Europe.
Claret Capital announced the closing of a €575 million fourth debt fund, targeting European startups that are often overlooked by traditional lenders. The fund will expand the firm’s venture‑debt offering across the continent, helping founders secure growth capital without diluting equity.
Romanian fintech Finqware, founded in 2018, is expanding its Open Banking platform across Central and Eastern Europe, opening new hiring pipelines in Romania, Hungary and Croatia and extending its banking connectivity to several additional countries.
UK‑based startup Rightcharge secured £500k in growth funding led by Soulmates Ventures, with participation from BlackWood and Purple Ventures, to scale its fleet EV‑charging payment solution across Europe and accelerate product development ahead of a Series A.
Latvian fintech Handwave announced an expanded partnership with Visa that will integrate Visa’s tokenisation and fraud‑prevention tools into Handwave’s palm‑recognition payment platform, paving the way for biometric card onboarding and payments to be launched first in the Baltics and then across Europe.
Polish fintech Zen.com introduced a new service enabling users to make instant cash deposits at thousands of partner locations across Europe and have the money transferred to a recipient’s account in Poland in up to 15 minutes.