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Nuvemshop, LatAm’s answer to Shopify, raises $90M in Accel-led Series D
The COVID-19 pandemic has led to people everywhere shopping more online, and Latin America is no exception. São Paulo-based Nuvemshop has developed an e-commerce platform that aims to allow SMBs and merchants to connect more directly with their consumers. With more people in Latin America getting used to making purchases digitally, the company has experienced a major […]
UK stockbroking app Freetrade raises $69 million
Commission-free stockbroking app Freetrade has raised a Series B round of $69 million. The fundraising follows a period of significant growth that saw customer numbers hit 600,000, quarterly trade volumes exceed £1bn, and the opening of offices in Sweden Like Robinhood on the other side of the pond, Freetrade seems to be benefiting from the […]
Insight Partners leads UK fintech startup Pollinate’s €42M Series C funding round
Pollinate is a software business that focuses on reinventing merchant acquiring for banks around the world. The company is formed of experts and global industry leaders from the financial services, merchant acquiring, loyalty, and technology sectors. Pollinate raises funding In a recent development, the London-based company has raised $50M (approx €42M) in its Series C round […]
French payroll and HR platform PayFit raises €90 million
Digital payroll and human resource management firm PayFit has raised a €90 million series D funding.The investment round in the French fintech follows 40% growth in 2020 and has been led by Eurazeo Growth, Large Venture and BPI France with participation and support from existing investors including Accel, Frst and French billionaire Xavier Niel. Aimed […]
#DSBreakdown: What makes these European cities great places to work in?
Let’s break it down… There’s no doubt about it – European cities have taken center stage when it comes to competing with tech hubs in the U.S and China. Offering a significant amount of promise, charm and opportunity for jobs in data science and tech, it’s easy to work in any European city with a […]
Open Banking Europe and ETSI Publish a JSON Web Signature Profile for Open Banking
Open Banking Europe (OBE) has published its JSON Web Signature Profile for Open Banking. This is openly available to the industry for download. This document was developed in partnership with the European Telecommunications Standards Institute (ETSI), to help establish API standards for the Open Banking community and has been subject to open review. Contributors to […]
Blockchain in Japan – Understanding the Legal Framework
As with all innovation, blockchain technology can only develop so far before it faces legal hurdles making it necessary to create an acceptable legal framework to grow within. So far, even the leading blockchain countries have been slow to accommodate this fast-growing business and technology development, thus hindering and even blocking it from achieving its […]
Canadian challenger Koho closes $70 million funding round
Canadian challenger bank Koho closed a $70 million oversubscribed Series C funding round. The round was led by new investor TTV Capital, with renewed commitments from existing investors Drive Capital and Portag3 Ventures. Billed as an alternative to a traditional banking experience, Koho users are furnished with a reloadbale Visa card and and a mobile […]
Stripe is the world’s most valuable fintech once more
The $600m cash will be largely used to invest in Stripe’s European operations to help support the continent’s rapidly growing fintechs. Payment infrastructure provider Stripe has cemented its position as the world’s most valuable fintech following its Series H raise. The fintech raised $600m with a valuation of $95bn from a host of existing investors including Allianz […]
PCNterview Vol. 1 – Morten Laufer, Head of DACH
Welcome to the newest series on the PCN blog, the PCNterviews! Here, we invite our very own team members to a discussion about their work life, hobbies, and the PCN culture! Check out the very first edition of PCNterviews, featuring Morten Laufer – Head of DACH and the one leading the opening of our newest […]