Fintech
Mubadala leads equity raise in Wefox's USD 400m Series D
Berlin-based insurtech platform valued at USD 4.5bn in equity and debt round
Advent buys Mangopay, Leetchi
Deal adds to GP's 17 fintech assets including Planet and Medius; sponsor has invested USD 6.5bn in fintech since 2008
FSI buys 60% of Iccrea's digital payments arm at EUR 500m EV
Carve-out deal is the ninth investment from FSI I, which closed on EUR 1.4bn in February 2019 and is now 75% deployed
Advent, Centerbridge to launch Aareal Bank takeover
Advent already owns a stake in Aareon, the property ERP software unit of Aareal Bank
Advent International and Eurazeo acquire Datatrans
GPs plan to combine Datatrans with Planet to create a global integrated payments group
Nordic Capital invests in Qred
Small business lending platform is the third investment from the GP's Evolution Fund
EQT explores strategic options for Banking Circle
Options include a private sale and a merger with a blank-cheque company, as well as a listing via IPO
Revolut raises USD 800m Series E at USD 33bn valuation
Company becomes the second most valuable fintech in Europe, behind Sweden's Klarna
Bain Capital, Thrive lead €126m round for Pleo
Company was founded six years ago and has since raised nearly €200m over three funding rounds
Inflexion completes €170m take-private deal for Infront
In January, the GP offered €143m to take over the company, but later increased its offer to €170m
10T Holdings leads $380m round for Ledger
Another 27 investors take part in the funding round, which gives the company unicorn status
One Peak leads $125m series-B round for Paysend
Fintech company will use the proceeds to expand internationally and speed up product innovation
Inflexion and Informa combine FBX, Novantas
Inflexion and Novantas will each own a minority stake in the newly formed financial data business
Nordic Capital-backed Trustly announces plan to list
Fintech company is reportedly seeking a valuation of €7-9bn
PE-backed Allfunds to list within weeks
Company's backers could raise around €2bn through the IPO, according to Mergermarket
Palamon, Corsair in £165m dividend recap for Currencies Direct
GPs reportedly mandated William Blair in December 2020 to explore strategic options
Moore Strategic Ventures, Rovida et al. in $120m round for Blockchain.com
Company has raised $190m since being founded in 2011
Eurazeo Growth, Dawn Capital lead €85m round for Tink
Other investors include HMI Capital, Paypal Ventures, Heartcore and Opera Tech Ventures
Tenzing backs MBO of VIPR
Deal is the ninth investment from Tenzing's debut fund, with its successor yet to deploy
Mediterra acquires majority stake in Turkish fintech PayCore
GP typically makes equity investments of around €20m and currently has 30 portfolio companies
Consortium in €20m series-A round for Memo Bank
Company also announces it has been given the seal of approval to be a fully-fledged bank
BlackRock et al. acquire minority stake in Nordic Capital's Trustly
Nordic Capital will remain a majority owner in the company
Aquiline leads $20m series-D round for Treasury Intelligence
Company has so far raised more than $40m and will use new funding to scale its operations
EQT Venture leads $30m series-B round for Anyfin
Swedish fintech Anyfin has so far raised more than €40m since 2018