FlowX.ai raises $35M for its AI-based approach to application integration
“Digital transformation” and AI remain very buzzy terms in the world of enterprise software, and today a startup operating in Romania that’s built a platform that taps into both concepts, and is seeing user traction in the financial sector, has raised a decent round of funding. FlowX.ai — which lets enterprises port legacy and newer […]
Payment infrastructure startup NORBr raises €1 million
The Dutch fintech provides merchants and PSPs with a no-code payment stack that enables them to easily connect to payment partners around the world at each step of the payment journey from the authentication to the payment processing itself. Since their official launch in 2021, the company has built partnerships with a large ecosystem of […]
0 (to 1) to 100 — Investing in SEON for the 5th time
A few days ago, our portfolio company, SEON, announced the largest Series B round — $94 million — ever raised by a Hungarian startup. This also marks the date when Portfolion has invested in the team of SEON for the 5th time — following its CEE all-stage investment strategy. This shared milestone of SEON and […]
SEON Raises $95 Million Series B
SEON, a London-based Anglo-Hungarian startup that powers online fraud prevention raised $95 million in Series B funding. Led by Silicon Valley-based IVP, the round also includes existing investors Creandum and Portfolion, as well as, angel investors including founders and senior executives from the very best product tech stories: Aiven, Coinbase, Datadog, Doordash, Figma, G2 Crowd, […]
FLOWX.AI secures $8.5M seed funding
FLOWX.AI – an enterprise platform that enables banks and financial institutions with complex IT infrastructures to build fast modern digital experiences unbounded from the limitations of their legacy systems – has raised $8.5 million in their seed round. The round, which is one of the largest European seed rounds this year was led by Portfolion. […]
BSC and W.UP merge into Finshape
Czech-based Banking Software Company (BSC) and Hungarian W.UP announced today that after receiving all regulatory approvals they have successfully completed their merger, forming Finshape. The new entity is the first digital banking solution provider combining low-code platform development expertise with data-driven personalization to catalyze the digital transformation of banks in the post-pandemic economy. Backed by […]
Portfolion leads over €500k investment in Cursor Insight
Portfolion is leading a more than EUR 500,000 investment in authentication solution startup Cursor Insight, the venture capital arm of OTP Bank said on Thursday, according to a report by state news wire MTI. Portfolion is partnering on the transaction with Hungary’s Finext and Estonia’ Startup Wiseguys. Cursor Insight, which was established by Hungarians in […]