"Startup Funding Roundup: Fintech, E-commerce, and Health Platforms Secure Millions"
Originally Published 1 year ago — by Business Insider
Y Combinator-backed fintech startup Pluto Markets has raised $2.6 million in fresh funds, securing an EU investment license as it aims to disrupt the retail trading market in Europe. The Copenhagen-based company, founded in 2021, offers brokerage services across the Nordics and plans to focus on non-Euro markets. Unlike its peers, Pluto secured an EU-wide investment license before raising significant capital, emphasizing a lean approach. The funding will be used to expand the team and scale operations in the Nordics before targeting other non-Euro markets.