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StartupMafia – News from startup industry

Stockholm FinTech Fairlo Grows Revenue 42% to SEK 219M in 2025 While Delivering Strong Profit

Stockholm-based consumer finance company Fairlo recorded another year of strong growth in 2025, increasing its net revenue by 42% to SEK 219.1 million while also generating a substantial...

Nastya Zelenovska5 days ago

FinTech

Stockholm-Based Vesper Emerges From Stealth With an Agentic Platform for Financial Statement Control

Stockholm-based startup Vesper has emerged from stealth mode with an AI-powered platform designed to transform how finance teams review, control and explain financial statements. The company...

Nastya Zelenovska5 days ago

FinTech

London FinTech Plend Secures €58.3M Funding Facility to Expand Responsible Consumer Lending

LONDON, United Kingdom — Plend, a London-based FinTech focused on responsible consumer lending, has secured a funding facility of up to €58.3 million (£50 million) from specialist...

Nastya ZelenovskaAugust 4, 2026

FinTech

Spotify Veteran Nick Holmstén Launches Belong, an AI-Powered Platform Helping Artists Build Verified Superfan Communities

NEW YORK, United States — Belong, a New York-based startup reimagining artist memberships through verified digital identities and financial infrastructure, has officially emerged from stealth....

Nastya ZelenovskaAugust 4, 2026

FinTech

Paris-Based Cleavr Raises €1M to Automate Accounts Receivable with AI

Cleavr, a Paris-based AI startup focused on autonomous accounts receivable management, has raised €1 million in a funding round led by Kima Ventures and Better Angle, with participation from Raphaël...

Nastya ZelenovskaMarch 24, 2026

FinTech

Flowpay and Teya join forces to bring embedded working capital to SMEs across Europe

Czech AI-driven lending startup Flowpay has partnered with pan-European payments provider Teya to offer merchants flexible financing of up to €100,000 — directly inside...

Nastya ZelenovskaMarch 20, 2026

FinTech

Flowpay Acquires German Startup Tapline to Expand Into Tech and SaaS Financing Across Europe

European fintech Flowpay is growing its reach beyond traditional SMEs, entering the German and UK markets with the acquisition of revenue-based financing platform Tapline....

Nastya ZelenovskaMarch 6, 2026

FinTech

Forecasterly raises SEK 6M angel round to bring AI-powered financial planning to modern organisations

Forecasterly, a Stockholm-based startup building an AI-powered financial planning platform for modern organisations, has closed a SEK 6 million (€560,000) angel round led by...

Nastya ZelenovskaFebruary 23, 2026

FinTech

Stockholm’s Hybridity raises SEK 22M to automate EU regulatory compliance with its AI-native Hy5 platform

Hybridity, a Stockholm-based company building an AI-native compliance platform for the finance sector, has raised SEK 22 million (€2.1 million) from a group of...

Nastya ZelenovskaFebruary 23, 2026

Crypto / Blockchain / Web3

Best blockchain startups 2026: infrastructure, DePIN, RWA & AI leaders

The blockchain sector has crossed a structural threshold. What began as an experimental financial layer has matured into a multi-vertical infrastructure stack underpinning settlement,...

Nastya ZelenovskaFebruary 20, 2026

Veriff Acquires Vespia: Bringing KYB to the Next Level

FinTech

Veriff Acquires Vespia: Bringing KYB to the Next Level

Veriff, a global leader in identity verification, has announced the acquisition of Vespia, a KYB (Know Your Business) startup focused on fast, scalable business...

Nastya ZelenovskaFebruary 5, 2026

London’s FALKIN raises €1.7M to fight scams before they happen As AI-driven scams surge across Europe, London-based digital safety startup FALKIN has raised €1.7 million ($2 million) in pre-seed funding to stop fraud before it starts. The round was led by TriplePoint Ventures, with backing from Notion Capital, BackFuture Ventures, Aviva/Founders Factory, Haatch, Found Capital, and Founders Capital. Individual investors include fintech veterans Pierre Decote, Group Chief Risk Officer at Revolut, and Ben Enckevort, CTO and co-founder of Metomic. Shifting protection from payments to persuasion “The new battlefield isn’t payments – it’s persuasion,” said Boaz Valkin, co-founder of FALKIN. “Protection has to move earlier, to the moment before someone clicks, replies, or transfers. We’re turning AI from a weapon of deception into a tool for defense.” Founded in 2024, FALKIN builds embedded AI tools that detect manipulation and deception before a transaction ever takes place. Instead of monitoring fraud after money moves, the company integrates real-time behavioral analysis directly into banking and customer-service apps, helping financial institutions prevent scams at the source. According to co-founder and COO Joel Frisch, “Modern scams are sophisticated, and no single red flag tells the whole story. The key is to analyze all the signals that reveal deception to build a complete picture. When we embed that intelligence inside the banking apps people already trust, protection becomes effortless.” A growing European battle against AI-enabled fraud FALKIN’s funding comes amid a broader wave of investment in anti-fraud innovation. Across Europe, startups like Hawk (Germany), Resistant AI (Czechia), and Acoru (Spain) have collectively raised over €80 million this year to tackle rising financial crime driven by AI. A recent EU-Startups report found that AI-related fraud losses in Europe have surpassed €1.3 billion, as deepfakes, voice cloning, and synthetic identity attacks become mainstream tools for scammers. “AI has blurred the line between what’s real and what’s fake, and traditional systems aren’t built for that reality,” said Sam Stone of TriplePoint Ventures. “FALKIN’s vision to make proactive safety universal has the potential to redefine digital trust.” The invisible enemy Scams now represent one of the fastest-growing financial threats worldwide. Deloitte projects that U.S. losses from authorized push payment fraud could hit €12.9 billion ($15 billion) by 2028, while the U.K. saw over seven million victims last year—most of whom never reported the crime. Despite heavy investment in fraud detection, most tools still activate after funds have left an account. FALKIN’s approach moves protection upstream, targeting the psychological manipulation that precedes scams. Early trials with bank innovation teams and tens of thousands of users across the U.S. and U.K. have shown promising results: 78% of users reported feeling safer online, and over half said prevention was more valuable than reimbursement. Next steps: embedding safety everywhere The fresh capital will accelerate hiring, product development, and financial-institution integrations, as well as support the launch of Safety Labs — a program helping community banks and credit unions deploy scam-prevention tools with minimal technical effort. FALKIN is also expanding its integration ecosystem, allowing financial institutions to embed digital safety layers across customer journeys and communication systems. “Scammers are using AI to scale deception,” Valkin said. “We’re using it to scale trust.”

FinTech

London’s FALKIN raises €1.7M to fight scams before they happen

London-based digital safety startup FALKIN has raised €1.7 million ($2 million) in pre-seed funding to stop scams before they start, as banks and consumers...

Gerald MillerNovember 11, 2025

Grasp raises €6M to automate the manual grind in finance and consulting

FinTech

Stockholm’s Grasp raises €6M to automate the manual grind in finance and consulting

Stockholm-based AI startup Grasp has secured €6 million in Series A funding to accelerate development of its multi-agent platform that automates the analytical and...

Gerald MillerOctober 28, 2025

Notion Capital expands focus on AI-driven software and FinTech

AdTech

Notion Capital Closes €114M Growth Fund to Double Down on AI and FinTech Scaleups

London-based VC firm Notion Capital has closed a new €114 million fund as it sharpens its focus on AI-driven software and FinTech startups across...

Gerald MillerSeptember 30, 2025

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StartupMafia – News from startup industry

FinTech

Stockholm FinTech Fairlo Grows Revenue 42% to SEK 219M in 2025 While Delivering Strong Profit

FinTech

Stockholm-Based Vesper Emerges From Stealth With an Agentic Platform for Financial Statement Control

FinTech

London FinTech Plend Secures €58.3M Funding Facility to Expand Responsible Consumer Lending

FinTech

Spotify Veteran Nick Holmstén Launches Belong, an AI-Powered Platform Helping Artists Build Verified Superfan Communities

FinTech

Paris-Based Cleavr Raises €1M to Automate Accounts Receivable with AI

FinTech

Flowpay and Teya join forces to bring embedded working capital to SMEs across Europe

FinTech

Flowpay Acquires German Startup Tapline to Expand Into Tech and SaaS Financing Across Europe

FinTech

Forecasterly raises SEK 6M angel round to bring AI-powered financial planning to modern organisations

FinTech

Stockholm’s Hybridity raises SEK 22M to automate EU regulatory compliance with its AI-native Hy5 platform

Crypto / Blockchain / Web3

Best blockchain startups 2026: infrastructure, DePIN, RWA & AI leaders

FinTech

Veriff Acquires Vespia: Bringing KYB to the Next Level

FinTech

London’s FALKIN raises €1.7M to fight scams before they happen

FinTech

Stockholm’s Grasp raises €6M to automate the manual grind in finance and consulting

AdTech

Notion Capital Closes €114M Growth Fund to Double Down on AI and FinTech Scaleups

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