TaxDown secures €4M financing to expand AI tax platform
TaxDown secures €4M financing to expand AI tax platform

The Madrid tax fintech doubled revenue in 2025 and hit profitability. Now it’s taking on structured debt to scale its AI platform, a sign that its capital strategy is as deliberate as its product. Most tax software companies want to tell you how many u…

Evervault raises €21M to keep payment data encrypted from end to end
Evervault raises €21M to keep payment data encrypted from end to end

The Dublin-and-New York-based startup, backed by Ribbit Capital, Sequoia, and Index Ventures, says it processes more than €4.2bn in transactions monthly and cuts customers’ PCI compliance costs by an average of €86,000. The premise behind Evervault is …

Revolut applies for a US bank charter
Revolut applies for a US bank charter

The London-headquartered neobank has submitted applications to the OCC and the FDIC to establish Revolut Bank US, N.A., committing $500m to the American market and appointing a former Visa executive as its new US CEO. In early 2021, Revolut told the wo…

Allica Bank joins the fintech unicorn club after $155M Series D round
Allica Bank joins the fintech unicorn club after $155M Series D round

London-based digital challenger bank Allica Bank has officially crossed the unicorn threshold after closing a $155 million Series D funding round that valued the company at around $1.2 billion. This places the fintech among the growing list of private …

French fintech Pennylane raises €175M
French fintech Pennylane raises €175M

Paris-based fintech Pennylane has just pulled off one of Europe’s most noteworthy funding rounds of the year, announcing €175 million in new capital to accelerate its push into artificial intelligence and expand its footprint across the continent. The …