Fintech

London Payments Platform Primer Secures $100m Series C to Expand AI Capabilities and US Market Presence

by

London-based payments infrastructure provider Primer raised $100m in Series C funding led by Sofina. The company, founded in 2020 by ex-PayPal employees, provides a platform allowing large e-commerce merchants to connect their entire payments stack and manage multiple payment service providers. Primer will use the funding to expand AI capabilities of its Primer Companion agent and accelerate US expansion, targeting US revenue to exceed one-third of total business by 2028.

RemotePass Secures $17.4 Million Series B to Expand Global Employment Platform Across Europe and US

by

RemotePass, a global employment, payroll, and spend platform founded in 2021, raised $17.4 million in Series B funding. The company provides solutions for hiring, paying, and supporting workers across borders, covering EOR, contractor management, payroll, compliance, and fintech services. The platform recently launched SpendCards for corporate expenses and AI agents for workflow automation. RemotePass reached profitability in early 2025 and serves major clients including Logitech, Tata Group, InDrive, and Careem.

Euronext Reports Strong Q1 2026 Results With 16.7% Profit Growth Across European Exchanges

by

Euronext, Europe’s leading continental stock exchange operator, reported strong Q1 2026 results with 16.7% net profit growth to 192.3 million euros and 15.3% revenue growth to 528.5 million euros. Equity market revenues surged 28.1% to 138.9 million euros, driven by high volatility and strong ETF growth, including contributions from the recently completed Athens Stock Exchange acquisition completed in late 2025. The company also noted benefits from the largest defense IPO in history (Czech Republic’s Czechoslovak Group) in January 2026.

Monzo hits £1bn gross profit milestone as UK digital bank accelerates European expansion into Spain

by

Monzo, the London-based digital bank, has achieved £1bn in gross profit for the first time and announced its third consecutive year of profitability with a 20% rise in adjusted profit before tax to £172.6m. The fintech is expanding aggressively across Europe, having launched in Ireland in April with 100k customers on the waitlist and announcing Spain as its next market with offices in Barcelona and Madrid. The bank recorded 3m new customers this year and saw business banking customers grow 45% to over 905k.

Commerzbank Board Rejects UniCredit’s €39 Billion Takeover Bid, Urges Shareholders to Decline

by

Commerzbank formally rejected UniCredit’s takeover bid valued at €39 billion, claiming it undervalues the bank by 5.6% and carries significant risks. The board recommended shareholders reject the stock exchange proposal, citing vague integration plans and unrealistic synergy estimates. Commerzbank is promoting its independent ‘Momentum 2030’ strategy instead.

Klarna Reaches Profitability Milestone as Swedish Fintech Scales to 119 Million Users

by

Klarna, the Swedish fintech company, announced significant growth metrics including a 49% increase in connected merchants to over 1 million and a 21% growth in users to 119 million. The company processed $33.7 billion in payment volume (up 33%) and achieved its first profitable quarter with $1 billion in revenue and $1 million net profit. Klarna is expanding US market presence through partnerships with Stripe, Nexi, JPMorgan Payments, and Worldpay.

Portuguese Bank Launches First Homegrown Stablecoin Compliant with EU Crypto Rules

by

Bison Bank, a Portuguese bank specializing in investment banking, custodial services, corporate advisory and cryptocurrency services, launched the first Portuguese stablecoin with two versions indexed to the euro and US dollar. The stablecoin was designed to enable fast, secure and transparent international payments and transfers in compliance with the EU’s MiCA regulation.

Fitch Ratings Elevates Banca Transilvania Above Romania’s Sovereign Rating

by

Fitch Ratings upgraded Banca Transilvania’s long-term issuer rating to BBB, one notch above Romania’s sovereign rating. The upgrade reflects the bank’s strong financial performance, solid capitalization, access to international capital markets, and MREL-eligible bond financing strategy. Fitch noted the bank’s resilience despite operating in a challenging macroeconomic environment.

Portuguese Insurance Broker and Credit Intermediary Join Forces to Simplify Financial Services

by

Sabseg and Sabcrédito announced a strategic partnership to offer integrated financial services combining insurance brokerage and credit intermediation. The partnership aims to reduce complexity and bureaucracy for customers making major financial decisions by providing coordinated advice on insurance coverage and credit solutions for housing, automotive, and personal loans.

Denmark’s Hidden IPO Pipeline: 54 Companies Positioned for Public Markets by 2030

by

A new analysis by The Association of Listed Danish Companies (FBV) reveals 54 Danish companies with IPO potential by 2030, including scaled startups like Pleo, Lunar, Veo, and Too Good To Go. The report suggests Denmark’s IPO pipeline is stronger than commonly assumed, with these 54 candidates representing nearly a third of the current Danish stock market. The analysis recommends three key steps: encouraging pension fund investment in Danish equities, improving retail investor incentives, and simplifying the listing process.