News
Gen Z investing app Alinea raises $3.4M, plans to launch an ‘AI copilot’
Alinea Invest, a fintech app offering AI-powered wealth management aimed at Gen Z women, has $3.4 million in seed funding ahead of the launch of a virtual AI assistant that will help users with their investing needs.
Mondu secures €30m to double down on European expansion
B2B payments fintech Mondu has raised €30m from Vereinigte Volksbank Raiffeisenbank (VVRB) as it pushes to expand across Europe in 2024. The fresh round of debt financing adds to €20m the fintech raised from the German bank back in 2022, and brings its total funding to more than €115m since it launched in October 2021.
Dutch BNPL Billink raises €29.5m to take on Klarna
Netherlands-based ‘buy now, pay later’ (BNPL) Billink has secured €29.5m from German Varengold Bank.
UK venture capital volumes 'turning a corner', says report
Venture capital investors in the UK have more dry powder than ever before with over $25bn raised in the last three years, according to to new research. Funds will likely continue to hike cash deployment into startups in 2024, HSBC Innovation Banking and Dealroom's report into the European VC landscape said.