British PayTech Atlantic Money (website) continues its European expansion. After launching in Germany at the end of August 2022, the startup is also active in Austria today. The FinTech startup from London offers international money transfers and wants to challenge competitors like Revolut, Wise, or PayPal with its flat fee of €3.
Zurich-based Startup Yokoy, which specializes in corporate settlements, is expanding to Spain and will have its offices in Madrid. The move follows the opening of its European hub in Amsterdam, Netherlands, and the closing of a fresh $80 million funding round.
Along with Coinfinity, 21bitcoin and Strike, the Swiss app Relai has also made a name among bitcoin-only startups. They all skip the rest of the crypto assets and focus exclusively on trading the oldest and most prominent cryptocurrency, making them popular among Bitcoin maximalists.
Boris Nemšić, former CEO of Austrian telecom operator Mobilkom, joins Seasonax (website) as an investor and strategy advisor. The Viennese fintech delivers daily trading ideas, expert analyses, and trading patterns for various financial instruments such as stocks, currencies, and commodities. The Seasonax platform is used by institutional and private investors worldwide in everyday trading.
Online retailers will, in the future, also be able to obtain financing via the logistics platform Everstox. The money and scoring run through the Fintech Banxware of Miriam Wohlfarth. Other partners include, for example, the platform Lieferando.
Billion-dollar mobile operator Turkcell plans to bring its super app Paycell to Europe - and is counting on bank fintech Solaris as a partner. The Turkish fintech wants to manage its expansion from an office in Stuttgart. PayCell has 7 million clients. German neobanking pioneer N26 had to expand into 22 countries to reach that number.
Latin American payment solutions provider Kushki is close to completing its acquisition of Mexican paytech company Billpocket. Founded in 2012, Billpocket enables businesses to accept card payments. The company received $6.8 million in Series A funding in 2019, according to Crunchbase.
The "buy-now-pay-later" provider Mondu receives new capital. The Berlin-based fintech has secured a €20 million loan from Germany's Vereinigte Volksbank Raiffeisenbank. Mondu plans to use the money to drive international expansion and open an office in the Netherlands.
GoHenry, the prepaid debit card and financial education app for kids and teens has raised £50 million in its latest growth capital round. The debit card and app for kids provider doubled revenue to $42 million during COVID and recently acquired European FinTech Pixpay.
