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Digital banking platform Meniga has picked up €7.5m in a round led by Nordic VC Industrifonden. Existing backers Velocity Capital, Frumtak Ventures and Kjolfesta also participated.
London and Tel Aviv-based venture firm 83North has closed a new fund with $250m. The fund is the firm’s fourth raised in 11 years and brings its total under management to $800m.
London-based VC firm Balderton Capital is setting out to raise its sixth fund, according to an SEC filing. No target is set for the fund with the firm previously raising $305m for its fifth fund in 2014.
Challenger bank Monzo has wrapped up its latest funding haul with £22m after raising £2.5m in crowdfunding. The London-based attracted a record-breaking 6,5000 investors.
London-based InsurTech startup InMyBag has landed £300,000 in a pre-Seed round from angel investors including onefinestay founder Demetrios Zoppos.
Financial services big data and analytics company Quantexa has landed a $3.3m investment from Albion Ventures and HSBC. The London-based startup uses its data software to tackle financial crime .
London-based VC Octopus Ventures has raised a new £120m tech fund after a year of notable exits.