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Slovak fintech startup Vestberry has raised €2.2M to expand its venture capital fund management platform into the U.S. Backed by Seed Starter, Venture to Future Fund, and Zero One Hundred, Vestberry aims to replace outdated Excel-based analyses with cutting-edge SaaS solutions.
Today, Bulgarian-founded Paynetics, an e-money service provider, announced its strategic acquisition of Novus, a UK-Bulgarian challenger banking app. The deal highlights Paynetics’ commitment to advancing ESG goals.
Czech fintech startup Flowpay, using predictive AI models, automation, and embedded finance, raised €2.1M in a seed round. The round was led by Techstars, alongside Czech VCs like Soulmates Ventures and DEPO Ventures, and angel investors such as Mark Ransford, Martin Herrmann, Kartik Varma, Allard Luchsinger, and others.
Bulgarian-founded spend management solution Payhawk has obtained an Electronic Money Institution (EMI) license from the UK's Financial Conduct Authority after a detailed assessment of its compliance and operational processes.