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☆ Sequoia-backed enterprise browser startup Island just raised $60 million. Check out the 11-slide pitch deck it used to land its third fundraise of 2022.
▼ + stars: | 2022-11-10 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Enterprise browser startup Island has raised its third funding round of 2022. The Dallas-based company, which is backed by Sequoia, has brought in $275 million this year. Island, an enterprise browser startup backed by Sequoia, has closed its third fundraise of 2022 with a $60 million extension to its Series B. The Dallas-based company offers a browser that is more secure for businesses than traditional consumer-facing alternatives like Safari and Google Chrome. The Dallas-based startup came out of stealth mode in February when it raised $100 million in a round backed by tech investing giants Sequoia and Insight Partners.

☆ Activist shareholder platform Tulipshare is entering the US market to help force change at companies like Amazon and Tesla
▼ + stars: | 2022-11-09 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +3 min

Tulipshare, an activist shareholder investing platform, is set to launch in the US. The London-based fintech has previously headed up targeted campaigns against Amazon and Coca-Cola. Tulipshare, a London-based fintech that pools shareholders to vote on corporate governance issues, is launching in the US. The activist investment platform, founded in 2020, enables users to invest in public companies for as little as $1. "Issues like Amazon working conditions resonate across geographies," Argouges added and indicated more geographic growth would come in the future.

☆ Crypto infrastructure startup Ramp just raised $70 million despite cooling investor interest in Web3. Here's the 14-slide pitch deck it used to raise the funds.
▼ + stars: | 2022-11-09 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

London-based crypto infrastructure startup Ramp has raised $70 million in a Series B round. Ramp CEO Szymon Sypniewicz told Insider the "tourists" had now left the crypto space. Crypto infrastructure startup Ramp has raised $70 million in fresh funds despite a dropoff in investor interest in Web3. "After the last round we continued growing fast, and faster than expected," Ramp CEO Szymon Sypniewicz told Insider. Ramp declined to comment on its valuation but told Insider it was a "healthy up round" on its Series A.

☆ Kuda, a Nigerian fintech backed by Peter Thiel's Valar Ventures, is launching in the UK to offer remittances to Africans
▼ + stars: | 2022-11-09 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +3 min

Nigerian fintech banking startup Kuda is launching its UK operations to offer remittances. UK to Nigeria remittances are worth $3.1 billion each year, according to data from the World Bank. Kuda has looked to diversify its sources of revenue in 2022 and is on the lookout for M&A. Nigerian fintech startup Kuda is launching in the UK to offer its remittance services for Africans. The banking startup, which was founded in 2017, has raised $90 million in funding from the likes of Peter Thiel's Valar Ventures and Target Global.

☆ Andreessen Horowitz just backed a startup that specializes in company director insurance. Here's the 13-slide pitch deck Anzen used to raise $10 million.
▼ + stars: | 2022-11-08 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +3 min

A startup focusing on insurance for company directors and officers just raised $10 million. Check out the 13-slide pitch deck Anzen used to raise the new capital below. Anzen, a US insurance startup focused on executive liability, has raised $10 million in fresh funding. Anzen's funding comes from Andreessen Horowitz, alongside Japanese insurance companies MS&AD Ventures and, Tokio Marine. In addition, AmTrust Financial and Greenlight Re joined the round as insurance partners for the company along with Everest Re.

☆ Tiger Global-backed unicorn trading app Public.com set to expand into the European market in 2023 and make acquisitions
▼ + stars: | 2022-11-03 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

New York-based trading app Public.com is set to launch in the European market in 2023. The startup, which is valued at $1.2 billion, is backed by Tiger Global and a string of celebrities. Public's shift into the European market comes as talks to acquire Dutch counterpart Bux collapsed. Public.com, a US trading app backed by Tiger Global and a string of high-profile celebrities, is set to enter into the European market next year. The move comes as talks to acquire European counterpart Bux collapsed, a source familiar with the matter said.

☆ Accel-backed insurance startup Luko doubles down on core business in push to profitability as it struggles to fundraise in gruelling market
▼ + stars: | 2022-11-02 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +4 min

Accel-backed insurance startup Luko has struggled to raise during the market downturn. The Paris-based company, which was founded in 2018, predominantly operates as a home insurance business by selling policies to homeowners and renters using its proprietary AI. The round valued the business at around 260 million euros ($253 million), according to one London-based source. Funding to insurance tech startups also plummeted 50% year-on-year to $2.41 billion in Q2, according to data from brokerage Gallager Re. The home insurance startup has also been forced to lose employees across the business in recent months in a bid to conserve cash.

☆ This startup aims to mix traditional credit cards with buy now, pay later. Check out the 13-slide pitch deck Tymit used to raise $26 million.
▼ + stars: | 2022-10-26 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +3 min

Tymit, a startup that mixes credit cards with buy now, pay later, has raised $26 million. A startup that aims to offer the best of both traditional credit cards and buy now, pay later has raised $26 million in fresh funds. Buy now, pay later has surged in popularity in recent years with a number of multi-billion dollar companies like Klarna, Afterpay, and Affirm emerging as leaders in the space. Buy now, pay later startups raised over $4 billion in 2021, according to Crunchbase. Frasers, which was founded by controversial British billionaire Mike Ashley, is set to offer buy now, pay later products for its brands.

☆ Insurance startup Evy promises better product protection and just brought in $6.4 million from Sequoia. Check out its 10-slide seed pitch deck.
▼ + stars: | 2022-10-26 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Paris-based insurance tech startup Evy has raised $6.4 million in seed funding from Sequoia. Founded in 2022, Evy wants to grow the product protection market in Europe. Check out the company's 10-slide pitch deck below:Evy, a Paris-based insurance tech startup, has raised $6.4 million in seed funding from US investor Sequoia. The startup specializes in product protection insurance but doesn't work directly with consumers. Unlike more consumer-facing insurance tech companies, which have struggled in 2022, Evy said its B2B2C model was preferable, since there are no customer acquisition costs and marketing spend is lower.

☆ Europe's neobrokerage startups face winter of cuts and consolidation as trading volumes slump and VC funds dry up, industry sources say
▼ + stars: | 2022-10-24 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +4 min

Europe's neobrokerage startups face cuts and consolidation as funding dries up, sources say. For startups that can't fundraise it's "shoulders against the wall," one investor told Insider. Europe's brokerage startups are facing a winter of job cuts and consolidation as the sector battles with slumping trade volumes and a scarcity of investor cash, industry sources say. The drop-off has made raising funds a difficult exercise for many fintechs and has also led to a bifurcation in the market of the "haves and the have-nots," one London-based investor told Insider. Market consolidation will be driven by price, one fintech fund partner told Insider.

☆ Treasury management startup Payflows raises $5.5 million in round co-led by Coinbase-backer Ribbit Capital
▼ + stars: | 2022-10-18 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Ribbit Capital has co-led a $5.5 million round into French startup Payflows, Insider understands. Payflows, which is still in stealth mode, is developing treasury management software. Payflows, a fintech startup focused on treasury management, has raised $5.5 million in a round co-led by US investing giant Ribbit Capital, Insider understands. Coinbase and Plaid-backer Ribbit co-led the round, four sources familiar with the deal told Insider. "We are excited to partner with amazing finance teams of top European scale-ups to build the next-gen treasury management software," she said.

☆ Former Balderton and XAnge principals launch $146 million early-stage fund Resonance to back startups in sleepy European market
▼ + stars: | 2022-10-13 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Resonance, a new $146 million fund that will focus on early-stage startups, has launched in Paris. Former Balderton and XAnge principals Maxime Le Dantec and Alban Oudin established the fund. "The sleepiness of the market is our opportunity at the moment," Oudin told Insider. A new $146 million fund that will invest in early-stage European startups in areas like fintech, consumer tech, and B2B SaaS has launched in Paris. Resonance, founded by former Balderton and XAnge principals Maxime Le Dantec and Alban Oudin, has become the early-stage tech arm of French investment firm Otium Capital.

☆ Homa wants to transform the way indie game developers build games. We got an exclusive look at the 19-slide pitch deck it used to raise $100 million.
▼ + stars: | 2022-10-12 | by ( Hasan Chowdhury | Callum Burroughs | ) www.businessinsider.com time to read: +3 min

Homa has raised $100 million in a Series B round to expand its platform for indie game developers. Check out the 19-slide pitch deck to raise the Series B round below. French gaming startup Homa, which aims to make game development easier and more efficient, has raised $100 million in a Series B round. He points to the way in which game engines such as Unreal showcase the potential of their technology with games such as Fortnite. It generates cash through a revenue share scheme with developers who make a profit on games that work, Nathan said.

☆ HR software startup Factorial has raised $120 million at a $1 billion valuation. Here's the 11-slide pitch deck it used.
▼ + stars: | 2022-10-11 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Spanish HR tech startup Factorial has raised $120 million in fresh funding. Its software lets employers manage time off, hiring, payroll, and other HR functions. The Barcelona-based company has become a unicorn after raising a new deal led by Atomico. Spanish HR tech startup Factorial has raised $120 million in fresh funding to become the country's latest unicorn, valued at $1 billion. Founded in 2016, Factorial provides an HR platform to small- and medium-sized businesses.

☆ This startup enables companies to launch their own embedded finance products. Check out the 16-slide pitch deck Toqio used to raise $19.2 million.
▼ + stars: | 2022-09-29 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Toqio, a London-based fintech SaaS startup, has raised $19.2 million in Series A funding. The startup's platform enables companies to launch their own fintech products. London-based fintech startup Toqio has raised $19.2 million in fresh funding. Companies can access a range of different banking and embedded finance products from the startup's platform. The startup believes its platform and marketplace offer a more cost-efficient way for companies to launch their own financial products.

☆ Public.com, an investing app backed by Will Smith and Maria Sharapova, is in talks to acquire Dutch trading startup Bux
▼ + stars: | 2022-09-28 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +3 min

Investing app Public.com is in talks to acquire Dutch trading startup Bux, sources say. Bux was valued at an estimated $320 million to $480 million in 2021, but the expected deal price is lower. Investing app Public.com is in talks to acquire Dutch stock trading startup Bux, according to two sources with knowledge of the discussions. New York-based Public has been in active talks with Bux for two months, the sources said. Bux has never stated its valuation but was valued between $320 million and $480 million at its 2021 funding round, according to Dealroom estimates.

☆ This Y Combinator-backed fintech provides loans to small businesses in Africa. Check out the 10-slide pitch deck Numida used to raise $12.3 million.
▼ + stars: | 2022-09-28 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Numida, a Ugandan fintech that offers credit to small businesses, has raised $12.3 million in new funding. The startup, which was founded by three Canadian Y Combinator graduates in 2015, wants to expand access to working capital for businesses across Africa. Numida believes there are 20 million small and micro businesses lacking working capital, an opportunity it values at around $5 billion. "Our initial process was simple: How do we provide the best form of working capital to excluded people?" Serena Williams' fund Serena Ventures is leading a $7.3 million portion of equity funding alongside Breega, 4Di Capital, Launch Africa, Soma Capital, Y Combinator, and MFS Africa.

☆ Andreessen Horowitz and Benchmark have piled into the burgeoning FinOps sector. Now, European startups are racing to become the region's early leader.
▼ + stars: | 2022-09-26 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +4 min

European startups like Sequence and Numeral want to establish themselves as the region's leaders. In March, the valuation of Californian startup Modern Treasury spiked to $2 billion as it established itself as an early leader in the burgeoning FinOps sector. In Europe, FinOps startups have captured the attention of a wealth of venture capital firms hoping to be an early backer in the region's own Modern Treasury. The US payments market is notoriously fragmented with some 5,000 banks and no universal real-time settlements platform. Indeed, investment into European startups plummeted by 38% in the second quarter of the year to $23.7 billion, according to Crunchbase data.

These are the best seed investors backing European firms, based on data analysis from Tribe Capital. Insider and Tribe also identified the Seed 10: the best female early-stage investors. We have listed the top 50 seed investors into European firms, based in countries including the UK, Sweden, Turkey, and the US. Insider has also detailed the 10 best female seed-stage investors in Europe in the Seed 10 list. How Tribe Capital selected and ranked Insider's Seed 50 and Seed 10 lists of the early check-writers in Europe

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