- Aria Funding:
- French fintech Aria, aiding businesses in instant payments, secures €15 million in funding.
- Led by 13books Capital, with participation from Adevinta Ventures, Ankaa Ventures, Otium Capital, and angel investors.
- Aims to scale deferred payments infrastructure, offering B2C-like checkout experience and additional services.
- AbbeyCross Funding:
- AbbeyCross, the world’s first wholesale FX platform for emerging market currencies, raises $6.5 million in seed funding.
- Led by Valar Ventures, with participation from BNY Mellon, Third Prime, and Gaingels.
- Funds to develop ABX Sync platform, targeting cost reduction, operational efficiency, and regulatory compliance.
- Salv Funding:
- Estonian regtech Salv, combating financial crime, raises €3.9 million for UK expansion.
- Tools to detect and prevent fraud, money laundering, and terrorist financing; used by 53 financial institutions.
- Total funding raised to date reaches €12.1 million.
- Paynest Funding:
- Portuguese financial wellbeing start-up Paynest secures €2 million in seed funding.
- Led by Lince Capital, with participation from BlueCrow Capital, TechTree CTT, and M4 Ventures.
- Enables companies to offer financial well-being benefits to employees, focusing on financial literacy tools.
- OneBanx Acquisition by Glory:
- Glory, a global cash technology solutions provider, acquires additional shares in OneBanx.
- Glory now holds 91.99% of OneBanx’s outstanding shares, investing to support access to cash and expand services.
- OneBanx offers shared banking solutions for individuals and businesses, that currently live with three UK financial institutions.
Europe fintech funding round-up: Aria, AbbeyCross, Salv and more
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