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Adyen NV reported a 54% rise in second-half net revenue, beating analysts’ estimates as the fintech darling continues to deliver on rapid growth. The Dutch company, which processes payments for Netflix Inc., and Spotify Technology SA, posted €192.5 million ($219 million) in net revenue for the six months ended December.
Tink , the Swedish company that enables FinTechs to access customers’ financial data, has received an $11.2 million in a round that included Insight Venture Partners and the venture capital arms of banks Nordea and ABN Amro Group NV. It has arrangements with banks such as BNP Paribas and FinTechs including Klarna.
Europe’s fintech giants were built on the promise of new ways to do finance. Dutch payments firm Adyen NV began lending to small companies this year following US-Irish rival Stripe, while the UK’s Revolut has looked […].
Join us in Las Vegas, NV from March 19-22 – for more information and to register, please visit here. In these times, who doesn’t need to learn about blockchain? Just about no one. We can’t wait to see what is in store for the financial and banking industry at Think 2018.
The LTP team has been actively following the investment activities in FinTech around the world for the last three months (January, February & March) and it’s time to sum up.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed. HQ: Reno, NV. Metrics: $500,000 privately funded to date, 8 employees. Founded: October 2014. Website: payswag.com.
HQ: Las Vegas, NV. Metrics: $300,000 raised, 7 person dedicated team, lead by Kim Norland. Team part of design:success – international innovation firm. Product distribution strategy: Direct to Consumer (B2C), licensed. Founded: January 2015. Website: moneyamigo.com. Twitter: @moneyamigo.
Headquartered in Las Vegas, NV. Its clean interface targets underserved markets by delivering simple-to-use services with a transparent fee structure. Facts: $300,000 raised. 7 employees. Money Amigo, which is primarily targeted toward Hispanics and students, prides itself on bringing financial services to previously ignored market segments.
This year’s show, May 10 & 11 in San Jose, will be our biggest show yet with 72 winning ideas pitched to more than 1,500 fintech execs. HQ: Las Vegas, NV. FinovateSpring is quickly approaching. Pick up your ticket to save your seat. November 2015: Introduced digital account opening from within Salesforce. MoneyAmigo.
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