Fintech
Jul 13, 2026
Revolut Plans to Launch a US Bank in 2027
Revolut's new US CEO says the $75bn neobank will launch its American banking operation in 2027, pending regulatory approval. With $500m earmarked for US expansion, the company is preparing to offer FDIC-insured deposits, credit products, and crypto access — while navigating fierce competition from both incumbents and fellow challengers.
Revolut
Neobank
US Banking
Jul 13, 2026
European Tech Roundup: 70+ Deals, €2.8B Raised
Europe's tech ecosystem recorded more than 70 funding deals totaling over €2.8 billion last week, led by cloud, fintech, and energy sectors. The UK dominated country-level rankings with €1.7B raised, followed by Germany and France. Here's everything that moved the needle.
European Tech
Funding Rounds
Venture Capital
Jul 9, 2026
Block Settles for $45M With 46 States Over Cash App Fraud
Block has agreed to a $45 million settlement with 46 state attorneys general following an investigation into Cash App's handling of fraud. Regulators found the company misled users by falsely claiming the app offered bank-like fraud protections. The settlement is the latest in a string of regulatory headaches for Jack Dorsey's fintech firm.
Block
Cash App
Fintech
Jul 9, 2026
Nandan Nilekani Exits GP Role as Fundamentum Nets $200M
Infosys co-founder Nandan Nilekani is stepping down as General Partner at Fundamentum Partnership while remaining its anchor investor. The Indian VC firm has launched its third fund at $200M, expanding its leadership team with a sharper focus on AI and fintech.
Venture Capital
India
AI
Jul 9, 2026
Lissi Raises €3.5M to Build Europe's EUDI Wallet
Berlin-based Lissi GmbH has closed a €3.5M round led by Ventech to expand its EUDI Wallet connectivity platform across Europe. With 90% of its customer base in financial services, the startup is positioning itself as a key enabler of eIDAS-compliant digital identity infrastructure ahead of the EU's 2027 AML regulation deadline.
Digital Identity
EUDI Wallet
Fintech
Jul 8, 2026
Finto Raises $3.4M to Build AI Accounting Agents
German AI startup Finto has closed a $3.4M seed round backed by Y Combinator, Google's Gradient, and Lightspeed — and is doubling down on Munich over Silicon Valley. The company builds autonomous AI agents for core accounting tasks, targeting Europe's industrial mid-market.
AI
Fintech
Startups
Jul 7, 2026
ARC Intelligence Raises €4M for an AI-Native Finance OS
Berlin-based ARC Intelligence has closed a €4M seed round led by 42CAP to scale its AI-native Finance OS. The platform unifies ERP, CRM, and other enterprise systems into a single real-time layer — and claims to have already saved over 100,000 hours of manual work in just six months.
Fintech
Enterprise AI
Seed Funding
Jul 6, 2026
Stoa Raises $2.4M to Reinvent Cash Deposit Rewards
UK fintech Stoa has closed a $2.4M pre-seed round to scale its cash management platform, which lets consumers and businesses earn upfront rewards from partner brands on fixed-term deposits — rather than waiting on interest. The round was co-led by Bespokeist Partners and Ingenii Capital, with the startup eyeing expansion into the US.
cash management
embedded banking
Fintech
Jul 6, 2026
Thought Machine Lands $41M, Crosses $100M Revenue
UK cloud banking fintech Thought Machine has quietly secured £80M in total funding — including £30M from an unnamed Tier 1 bank client — while crossing $100M in annual revenue for the first time. CEO Paul Taylor says an IPO is at least two years away and argues revenue is a better success metric than valuation.
Fintech
Funding
Cloud Banking
Jul 1, 2026
Nomerra Raises $2M for AI in Private Market Operations
Nomerra has closed a $2 million seed round to automate the fragmented, manual workflows still dominating private markets. Backed by 14Peaks Capital, Redstone Fintech, and veterans from KKR and Intapp, the startup targets fund accounting, treasury, and transfer agency with AI-native tooling.
AI automation
Fintech
fund operations
Jun 30, 2026
European Tech Roundup: €2.1B Across 75+ Deals
European tech had a busy week, with more than 75 funding deals totalling over €2.1B tracked across the continent. Fintech, security, and semiconductors dominated by sector, while Germany, France, and the Netherlands led by country. Tech.eu also launched its Funding Explorer — now free and open to all.
AI
European tech
Fintech