Billink, the Netherlands-based Buy Now Pay Later (BNPL) solution trusted by 3 million shoppers, has raised €29.5 million from the German Varengold Bank. The payment provider will use the funding to expand its offering to the top 50 largest Benelux web shops, enter the German market, and further fuel its ambitions to make buying online fairer, for both consumers and web shops, by bringing the same level of assurance consumers have in offline transactions online.

Qover – a leading insurtech driven by a vision of creating a global safety net through insurance – announces the launch of its innovative motor insurance solution in the United Kingdom, which enables car manufacturers to provide digital insurance programs across Europe.

Pliant’s Series A financing reaches €33 million upon securing an extension to its original €25 million financing making it the largest Series A in Germany in 2023. In addition, Pliant secured a €100 million debt facility to fuel its own EMI license in 25 countries and 11 currencies.

Plum, the smart money app, has added a new Spend Tracker to help customers with their budgeting plans. 

The Spend Tracker automatically categorizes all outgoings and shows them as a percentage of overall spending. By breaking their spending down, customers can see at a glance where their money is going each month and easily compare it with the previous month’s spending, to identify quickly where savings can be made.

Global payments technology company Brightwell announces its most recent collaboration

SoFi, the digital personal finance company, announced today the expansion of its new small business marketplace within the SoFi product experience. With this addition, SoFi will now be able to better support millions of American small business owners’ financing needs by connecting them to SoFi’s network of providers.

Ebury, a global fintech that offers cross-border payment solutions, is advancing in its expansion across Brazil with the launch of the Ebury Bank brand. It acquired the Bexs Group, which includes Bexs Banco (FX) and Bexs Pay  (payments), and is now undergoing the last stages of the framework for the transition of controllers, following the procedures of the Brazilian Central Bank. 

dpixel, the Sella Group's Venture Incubator, has carried out, for the first time in Italy, in partnership with Seed Venture and Lendit, an investment operation in startups through blockchain technology and smart contracts.

Nearly three-quarters (73%) of regulated firms that take on new individual customers and business clients, have yet to start verifying the sources of their clients’ funds using open banking – a system that provides secure third-party access to financial data through an API (application programming interface).

Panacea Financial, the financial technology company dedicated to providing world-class financial services to doctors and doctors’ practices, today announced that it has raised $24.5 million in Series B funding to fuel its strategic growth among the doctor community. Valar Ventures, a global venture capital fund, was the sole institutional investor in the round.