BlackFin Tech Weekly — June 29th, 2026
Every Week, we publish a short digest which sums up last week’s Fintech activity.
Hello FinTech Friends,
Welcome to another week of fintech insights. Let’s explore the news and trends shaping the industry!
Over the last week, there were seven funding rounds in Europe, totaling €628.7m in disclosed funding, including two transactions in France, two in the UK, one in Germany, one in Spain, and one in Austria.
Congratulations to the three largest rounds announced last week:
Alan, a France-based health insurance and prevention platform, has raised €480m in a Series G round led by Prosus.
Taktile, a US- and Germany-based AI decisioning platform for banks and insurers, has raised €97m in a Series C round led by Goldman Sachs.
Isometric, a UK-based AI certification platform for carbon and industrial markets, has raised €34.9m in a Series A round led by AVP.
Let’s dive!
Alan, a France-based digital health insurance and prevention platform, has raised €480m in a Series G round led by Prosus, with participation from existing backers Teachers’ Venture Growth and Index Ventures, as well as new investor Dara Holdings. The company combines health insurance, care and prevention in a single AI-native platform, reaching more than €800m in annual recurring revenue in Q1 2026, up 53% year-on-year, and profitability in its largest market, France. The round values the company at approximately €5.5bn. The funding will support expansion across France, Belgium, Spain and Canada, new acquisitions, and continued investment in AI and health services, as Alan aims to make prevention insurance a global standard.
Taktile, a US- and Germany-based decision platform for banks and insurers, has raised €97m in a Series C round led by Growth Equity at Goldman Sachs Alternatives, with participation from Balderton Capital, Index Ventures, Tiger Global, Y Combinator, and Dig Ventures. The company offers a modular agentic decision platform that combines AI agents, business rules and human oversight to automate high-stakes workflows such as underwriting, onboarding, fraud detection and anti-money laundering compliance. The funding will support continued development of its AI products and global expansion across the US, EMEA and LATAM, as Taktile aims to help financial institutions become AI-native organisations.
Isometric, a UK-based AI certification platform for carbon and industrial markets, has raised €34.9m in a Series A round led by AVP, with participation from existing backers Lowercarbon Capital and Plural, alongside angel investments from John Doerr and Walter Kortschak. The company runs Certify, an agentic platform whose AI agents cross-check the data behind a certification claim, from sensor readings and satellite imagery to supply chain records and lab results. It is already the largest certifier of carbon removal by contracted volume, having been engaged to certify more than 16 million tonnes across more than 200 projects. The funding will support the expansion of its platform beyond carbon into energy, fuels, materials and superpollutants, as Isometric aims to bring agentic certification to the wider industrial economy.
In addition to this week’s fundraising activity, here is the European M&A activity for the week:
Openlaw, the Germany-based legaltech behind the Beglaubigt.de company-formation platform, has acquired firma.de, a Germany-based pioneer of digital company formation that has shaped the market for more than 13 years. The acquisition makes Openlaw the leader in fully digital company formations in Germany, combining its platform with firma.de’s brand and customer base to reach more than 30,000 customers and a network of over 1,000 notaries. The transaction supports Openlaw’s strategy to build an operating system for entrepreneurs covering company formation, compliance, administration and taxes, having already cut the German company-formation process from six to eight weeks down to a matter of days through partnerships with players such as Qonto.
And finally, we bring you four news stories that caught our eye last week:
The Bank of England published its draft stablecoin Code of Practice on 22 June 2026, scrapping the proposed £20,000 individual holding cap that had unsettled the industry and replacing it with a £40bn issuance limit per coin. Systemic sterling stablecoins will be jointly overseen by the Bank of England and the FCA, with issuers able to hold up to 70% of reserves in short-term UK government bonds and holders reimbursed within 24 hours. The consultation runs until 22 September, with regulated sterling stablecoins expected in the UK from 2027.
The European Central Bank secured key parliamentary backing for a digital euro on 23 June 2026, after the European Parliament’s economic affairs committee approved draft rules designed to make the euro area less reliant on US payment networks such as Visa and Mastercard. The wallet would be guaranteed by the central bank but distributed by banks and fintechs, with a per-user holding cap set by the European Commission on ECB advice to limit deposit flight, after ECB simulations suggested a €3,000 limit could shift up to €699bn out of euro area banks. Lawmakers aim to start talks with member states next month and reach a final deal by year-end, ahead of a 12-month pilot in the second half of 2027 and a possible launch in 2029.
German neobank N26 reached its first full year of net profitability in 2025, posting €1.6m in net income against a €42m loss the year before, as revenue grew 13% to €501.6m and gross profit rose 33% to €350.5m. The milestone follows a turbulent 2025 in which both founder co-CEOs stepped down and German regulator BaFin imposed fresh oversight measures on the bank’s lending business, including limits on new business in the Netherlands. Under new CEO Mike Dargan, N26 says it expects to stay profitable in 2026 by combining operating leverage with disciplined investment in compliance, customer engagement and AI.
Silicon Valley-based innovation platform and accelerator Plug and Play has opened an office in Copenhagen, with an initial focus on sustainability, to connect Danish corporates and start-ups with its global network. The platform, which spans some 50,000 start-ups, more than 500 corporations and hundreds of venture funds across 50 locations, invests in 200 to 300 companies a year and has already made its first investment in a Danish smart-logistics start-up. Invest in Denmark supported the market entry, framing the move as a way to help Danish founders scale internationally and advance the country’s net-zero ambitions.
Have a great start into the week!
*The information presented in this publication comes from publicly available sources. While the management company uses strict data selection criteria and focuses on the reliability of its sources, it cannot be held responsible for any inaccuracies, omissions, or errors in the data provided. This publication is for informational purposes only and does not constitute an investment recommendation.