BlackFin Tech weekly | July 5th 2019

Romain Grimal
Jul 5, 2019 · 2 min read

Hi everybody,

As always in early July, everybody is rushing to finalize deals of all shapes and sizes. This translates into yet another week during which 12 European fintechs and insurtechs raised over €100m.

Once again, the UK tops the charts both in terms of number of deals (4) and amount raised (around 60% of the total). Sector-wise, banktech and payments only left crumbs to other subsegments with only 1 regtech deal and 1 insurtech (both totalling less than €5m).

In any case, please give it up to Currencycloud, DueDil Post, Jaja, Mollie, Tokeny, PFC, Lovys, Alma, Blaize, Joko, Growish Pay and PXL Vision for having achieved their latest funding round. Hats off to you for this new milestone!

Made with ❤ by BlackFin Tech

Now, it’s always difficult to pick favorites but as is tradition in BlackFin Tech weekly, we’d like to put the emphasis of this newsletter on two companies:

  • Mollie: A dutch payment service provider & gateway that has been powering ecommerce transaction for the past 15 years. What’s quite impressive is that they managed to bootstrapped until today, quite a peculiar story in today’s I-need-VC-money-to-grow-lightning-fast world.
  • Tokeny: it’s a platform to issue security tokens (STOs), a growing trend in the wider blockchain ecosystem. That they have managed to attract such a reputable strategic investor (Euronext) proves that everyone needs to pay close attention to this burgeoning technology as it promises to dramatically improve capital markets processes.

That’s all for today folks, thank you for reading all the way to here ;) Feel free to share with your colleagues and friends if you’ve enjoyed it.

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And finally, have a great weekend everyone!

BlackFin Tech

Romain Grimal

Written by

VC @ BlackFin Tech, looking to support ambitious #fintech & #insurtech entrepreneurs seeking to become European champions (and beyond)!

BlackFin Tech

Thoughts and ideas on all things fintech & insurtech. Managed by BlackFin Tech, a € 180m independent European Fintech VC and its team

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