Climate fintech start-up Cloover secures $114m in seed funding round

Berlin-based climate fintech Cloover has bagged $114 million in a seed funding round, consisting of a mix of debt and equity financing. The round was led by US venture capital firm Lowercarbon Capital and further supported by previous backers QED Investors and 9900 Capital.


Alpian’s $83m Series C round sees Intesa Sanpaolo’s Fideuram become majority shareholder

Swiss neobank Alpian has raised CHF 76 million (around $83.5 million) in a Series C funding round as the firm looks to accelerate its growth.


UK lender Abound secures £800m in mix of equity and debt financing

Abound, a UK-based credit technology firm, has secured a new financing round made up of a mix of equity and debt financing that could extend up to £800 million. The financing includes a multi-year asset-backed debt financing arrangement from existing backer Citi, while Silicon Valley-based GSR Ventures led the Series B equity component.