With FinovateEurope less than a week away, it’s a good time to review the results of 2014. In total, European-based alumni of Finovate raised $377 million. And 2015 is looking even better with two major fundings in January:
- $58 million to London-based Transferwise
- $200 million credit line to Hamburg-base Kreditech
Here are the 2014 fundings by quarter:
Q1, 2014
Total: $180 Million
- Azimo
$10 million
- Birdback
$2.4 million
- Kantox
$9 million - Klarna
$135 million
- Red Zebra
“seven figure amount”** - Zopa
$22.5 million
Q2, 2014
Total: $107 Million
Q3, 2014
Total: $21 Million
- Ayondo
$4 million - Tink
$4 million
- SumUp
$13 million
Q4, 2014
Total: $69 Million
- BehavioSec
$6 million
- eToro
$27 million
- Nous
$0.6 million
- Qapital
$1.3 million
- Trustly
$30 million
- Vaamo
$3.2 million
- Xpenditure
$1.25 million
Note: This total does not reflect funding raised by the 44 new-to-Finovate companies that will demo next week at FinovateEurope 2015.
** We used $1 million for Red Zebra’s “seven figure amount”