Target Global

Revolut has secured a long-awaited and well-deserved UK banking license, propelling it into its next phase of growth! 🇬🇧 Since 2015, Revolut has been on a mission to revolutionise how people move money globally, offering consumers an easy way to spend in multiple currencies without paying fees or facing marked-up exchange rates. Over the past 12 months, the company has achieved: 💰 Pre-tax profits of £438m 📈 Revenues nearly doubled to £1.8bn, up from £923m in 2022 📱 12m new customers, bringing the total to over 45m With a UK bank licence, Revolut is poised to widen the products and services it can offer and become the bank of choice for UK customers 🇬🇧. Congratulations to Nik Storonsky, and the entire Revolut team on reaching this incredible milestone 🙌 Read more in Financial Times linked in the comments below👇

Grover has secured an additional €50 million in funding! 🎉 On a mission to make technology accessible to everyone, Grover empowers people to live the lives how they want and explore new horizons 🚀. With this capital, the company will be able to accelerate its journey towards a circular economy and further its growth in the B2B and B2C sectors 📈 . Huge congratulations to Linda Rubin and the whole team at Grover 👏 - this new investment underscores the company's global impact and commitment to making technology accessible and sustainable ♻. Read more about their milestone in the link in the comments below 👇

For the second year running, Kuda has made CNBC's list of the world's top 250 fintech companies! 🎉 Founded in 2019, Kuda is on a mission to revolutionise financial services for Africans across the globe, providing a more accessible and affordable banking solution 💳 Huge congratulations to Babs Ogundeyi, musty Mustapha and the whole Kuda team on yet another remarkable achievement! 🙌 Check out the full list of trailblazers in the fintech space in the comments below 👇 Dr. Ricardo Schäfer Khalil Hefaf

Mono just launched the Mono Data Enrichment API 🎉 On a mission to power the digital economy in Africa 🌍, Mono is leveraging open banking as a layer for financial data, identity data, and bank transfer payments for businesses 💳 . The Mono Data Enrichment API will allow companies to: 💡 Turn transaction data into real insights; glean customer finance patterns and build profiles. 💡 Get categorized transactions in minutes. 💡 Improve conversion. With Data Enrichment endpoints, Mono will empower businesses to better understand and utilize data, building solid customer profiles and supercharging customer engagement 🚀. Learn more about the Mono Data Enrichment API in the link in the comments below 👇 Abdulhamid "AB" Hassan Dr. Ricardo Schäfer Khalil Hefaf

From its beginnings in 2015 and navigating the challenges posed by the pandemic in 2020 to reaching unicorn status in 2022 and acquiring AmTrav in 2023, TravelPerk continues to forge ahead with impressive momentum. As Avi Meir, co-founder and CEO, aptly put it, “We didn’t evolve to be zoom animals. We evolved to be social animals.” His belief in the enduring value of face-to-face interactions underscored TravelPerk's strategy to emerge stronger 🚀. The company's resilience and adaptability are a testament to the power of maintaining a committed workforce and a forward-thinking approach 💡. Read more about TravelPerk's inspiring journey in Forbes linked in the comments below 👇 cc: Shmuel Chafets Lina Chong Lodovico Carini

🍽 Forsea hosted its first consumer tasting event! Under the masterful guidance of Chef Yuval Ben Neriah, guests experienced a groundbreaking culinary moment as Forsea proudly served the world's first cultivated unagi, a delicious and sustainable alternative to traditional eel 🔬. This event marks a significant milestone in Forsea's journey to revolutionize the seafood industry with innovative and eco-friendly solutions! 🙌 Check out the full story linked in the comments below 👇 Roee Nir Moria Shimoni Yaniv Elkouby Iftach Nachman Dana Bublil

Congratulations are in order as Crisp is now a B Corp company! 👏 On a mission to increase the availability of better quality food globally, Crisp is building a streamlined future-proof food system with organic seasonal produce 🍎. Learn more about the company's commitment and how they are helping to transfer Dutch 🇳🇱 agriculture into nature-inclusive solutions in Hannah van der Korput's latest article for Change Inc. linked in the comments below 👇  Tom Peeters Michiel Roodenburg Eric Klaassen BaoY Van Cong Tobias Winczer

On a mission to simplify finances in just a few taps, Revolut has built a platform so effortless, seamless, and borderless that you’ll never want to use another financial app again 📱. As the company released its 2023 annual report, the global impact of their journey speaks volumes: 🤝 45M customers worldwide, as of June 2024 🏆 #1 finance app by downloads in 11 countries 📈 $545M profit before tax 🏦 10,000 employees, as of April 2024 🔐 $23B securely held in customer balances With such impressive strides, we cannot wait to see what the rest of the year holds for Nik Storonsky and the whole Revolut team! 🙌 Learn more in the latest Financial Times article linked in the comments below 👇

With less equity capital available, European startups have turned to venture debt to to fund day-to-day operations and extend their runways 🇪🇺. In a recent article for PitchBook, Leah Hodgson delved into the reasons why❓ Check out the article in the link in the comments below to see what Target partner Shmuel Chafets had to say about it 👇

Last month, Target's COO Peter Roos took the stage at Invest Europe's #CFOForum24 to discuss the innovative practices CFOs and COOs must implement to build high-performing and resilient teams 🙌 Joined by Kerstin Planitzer-Zipf (Cipio Partners), Ben Adler (IQ Capital), Melanie Wiese (Deutsche Beteiligungs AG), and Francis Parisis (PwC Luxembourg), the panel delved into: 💡 The key role of technology integration in making future ready team 🤖 💡 The importance of diversity and inclusion in fostering talent growth 📈 💡 The communication tools and practices to enhance performance optimisation 🚀 Thank you to the whole Invest Europe team for organising such a riveting conference! We look forward to #CFOForum25 👏