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Top FinanceFWD News

Accounting Software Startup Pennylane Raises $204M at Reported $4.25B Valuation

Technology · Paris

Accounting Software Startup Pennylane Raises $204M at Reported $4.25B Valuation

100% Right coverage: 1 sources

Pennylane SAS, a Paris-based provider of accounting software, today announced that it has raised $204 million in late-stage funding from a consortium led by TCV. The investment firm was joined by Alphabet Inc.’s CapitalG fund, Blackstone, Sequoia and DST Global. Bloomberg reported that the Series E deal values Pennylane at $4.25 billion. That’s up from […] The post Accounting software startup Pennylane raises $204M at reported $4.25B valuation a…See the Story

Neobank Vivid-Money Ceo: "We Had to Be Frugal in Order to Survive"

Germany · Germany

Neobank Vivid-Money Ceo: "We Had to Be Frugal in Order to Survive"

Alexander Emeshev built up the neobank Vivid Money in Berlin – and radically changed course last year: He is now targeting business customers and is not afraid of a price war in order to hold his own against billion-dollar competitors.See the Story

After Watch Robbery: Fintech Sues Mannheimer Versicherung

Germany · Germany

After Watch Robbery: Fintech Sues Mannheimer Versicherung

The start-up Timeless Investments from Berlin sues Mannheimer Versicherung. The company refuses to settle any damage to the start-up caused by a robbery at a watch dealer in 2022. The insurer refuses to pay for previously unexplained reasons, which is why Fintech is now filing a lawsuit with the Landgericht Berlin. Timeless Investments offers investors the opportunity to invest in luxury goods. Individual pieces [...]See the Story

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