Doconomy
Founded — 2018, Sweden
Total Funding — $19 million
Offering — A star of Sweden’s tech scene, climateTech startup Doconomy helps financial institutions better make sense of their environmental impact. This startup has upped its firepower this year with the purchase of behavioral science driven engagement banking service provider Dreams Technology.
Twisto
Founded — 2013, Czech Republic
Total Funding — $92.8 million
Offering — Known as the “Klarna of the East”, Twisto is the brainchild of tech entrepreneur Michal Smida, Ranked number one in BNPL in Czech Republic, Twisto is set to power forward after recently being snapped up by Turkish embedded finance firm Param
BankiFi
Founded — 2018, England
Total Funding — $8.1 million
Offering — Soon to be a household name, BankiFi is a tech platform designed to help banks and other legacy financial institutions improve their service to SMEs by providing integrated services, like accounting and invoicing. Clients include TSB and the Co-op Bank.
Token
Founded — 2016, England
Total Funding — $90 million
Offering — Open banking platform Token is going from strength to strength, looking to drive the shift from card to account-to-account payments, with blue chip customers including MasterCard, BNP Paribas and Paysafe.
Trade Republic
Founded — 2015, Germany
Total Funding — $1.3 billion
Offering — One of Germany’s most valuable fintechs, Trade Republic is a poster child for Germany’s fintech scene after successful bringing investing in stocks and ETFs to a wider community.
indó
Founded — 2018, Iceland
Total Funding — $5.6 million
Offering — Launching this year, Indo has already made a big impact on the Icelandic banking market which is dominated by the big three. Customers fed up with incumbents are being enticed by Indo’s offering of no Tran transactions fee and other perks.
Alma
Founded — 2018, France
Total Funding — $211 million
Offering — Headed up by 30-something former Stripe executive Louis Chatriot, Alma is making hay in France with the ambition to be a BNPL giant across Europe and is backed by heavyweights like Tencent.
Keyrock
Founded — 2017, Belgium
Total funding — $78.1 million
Offering– The crypto market maker develops technology to increase the liquidity of financial assets, Last year, it raised a mammoth $72 million as it looks to invest in infrastructure development, scalability tools, and regulatory licences across Europe, the US, and Singapore.
Kevin.
Founded — 2018, Lithuania
Total Funding — $79.4 million
Offering — Kevin. is a payment infrastructure scaleup taking advantage of the opportunites presented by open banking, Last year it raised $65 million and claims to have the broadest PSD2 bank API coverage in the European Economic Area.
Sunday
Founded — 2021, France
Total Funding — £17.4 million
Offering — The French startup offers a solution to “splitting the bill”. Sunday, which allows customers to view restaurant menus on their phones and pay bills quickly via a QR code, has hit the ground running since launching in 2021 but has since had to pull back from launching in some markets.
Lead image: Photo by Markus Winkler
