Wero, a European payment platform, is expanding its network as payment providers from several Southern and Northern European countries will connect via a new joint venture based in Madrid. The initiative will allow seamless cross‑border payments for consumers, such as sending a Tikkie abroad or paying online without a credit card, and aims to increase Wero’s reach despite challenges in markets like Germany.
Scoutyn, the market‑intelligence platform focused on tech startups, scale‑ups and SMEs in Spain and Portugal, unveiled a new website and introduced additional features to enhance ecosystem analysis, company identification and connections among tech companies, investors, corporations and institutions.
Mynewsdesk has undergone significant restructuring and, under its new CEO Gustav Berghog, is seeing recurring revenue rise again after a recent decline. The CEO says the need for manual customer support has dropped markedly.
Berlin‑based Everphone, a Device‑as‑a‑Service platform for businesses, obtained a €15 million refinancing facility from Commerzbank and the development bank KfW. The funding will be used to buy new devices for its corporate customers, lower financing costs and support further growth of its circular DaaS model.
Copenhagen‑based IoT platform Onomondo raised over €100 million from Aspirity Partners and EIFO to accelerate the rollout of its end‑to‑end connectivity stack, targeting enterprises that need reliable device connectivity across ships, trucks, factories and remote sites.
Bulgaria’s first unicorn Payhawk wants to challenge local players Pleo and Mynt in Sweden with its expense services and corporate cards. The company opened an office in Stockholm, partly with help from its Swedish shareholders, and aims for a US listing in a few years. Its main goal is to reach $1 billion in revenue, says founder Hristo Borisov.
Polish defence‑sector startup Prime ASI bought a controlling 70% share of JJB, which is licensed for weapons and ammunition trade. The management stressed the strategic value of the deal and said it may pursue additional acquisitions and new contracts across its group companies.
Blackwall’s security‑infrastructure platform GateKeeper has driven strong revenue growth, leading to an implied valuation of over €1 billion – a 368% increase from the previous year – making it the fifth‑largest tech company in Estonia’s TopTech 2026 ranking.
A group of Romanian startups, including Pluria, attended a four‑day market immersion program in Madrid organized by Endeavor Romania, Romanian Business Leaders and Banca Transilvania. The program offered mentorship, meetings with Spanish trade agency ICEX and the Romanian diplomatic network, helping participants understand the Spanish market and plan international expansion.
Monzo, the UK challenger bank, is said to be negotiating a sale to Brazil’s Nubank, which could result in a significant acquisition for the digital‑banking startup.