> Fintech unicorn Revolut
is looking for … $1.5bn
! JP Morgan is working on it
> Spanish bank Santander acquired 50.1%
of London-based fintech startup Ebury
. Funds will be used to accelerate in Latin America and Asia.
> Merchant services platform Pollinate raised £60m
to create data-driven experiences for merchants and consumers.
> Big $33.5m Series A
, a Berlin-based startup founded in 2018 enhancing sourcing and procurement for restaurants.
> The European traveltech
space is buoyant. Omio
(formerly known as Eurolines) strengthens its offering by acquiring
multimodal travel platform Rome2Rio
. Flight booking platform Duffel raised $30m
led by Index Ventures
and German business travel company Comtravo raised €21m
. Dutch ticketing platform Tiqets secured
Series C led by travel giant AirBnB
> Ticketing leader Trainline
keeps expanding its offering. Thanks to a partnership with Booking.com, you can now book
hotels directly on the platform.
> UK-based Medopad
, which creates a connected digital health ecosystem to measure the progression of illnesses through the use of wearables and devices, raised $25m
Series B led by pharmaceuticals giant Bayer
> In Europe, there were
more deals over €100m
in 2019 than in 2018 and 2017 combined. Late-stage funding is growing fast for European leaders. UK-based Frog Capital
the first close of its 2nd scale-up fund, which is expected to reach over €150m
> Tired of seeing its companies turning to foreign cloud-computing
providers such as Google, Microsoft or Amazon, German government launched
a European cloud
initiative called Gaia-X
. France is also on board.