20 European Companies That are Expanding in the Global Market

Global Business of EU

20 European Companies That are Expanding in the Global Market

      20 European companies that are expanding in the global market

At Xinergy Global, we undertake that risky task for your company, as we operate in markets worldwide every day with boots on the ground. Xinergy does the research and exploratory work for the market your company wants to run in and prepares feasibility and entry plan proposals for you. We mitigate the risk of undertaking foreign operations by giving you local insight into the challenges that may be faced by your company before spending development capital and allows us to develop a strategy together. At Xinergy, we have developed our own proven methodology of market entry and are adequately equipped to help your company expand and grow in emerging markets. Below you can read about twenty European companies that recently expanded and established global operations.

October -started in 2014 (located in France) online marketplace for business loans, enabling investors to lend money directly to small- and medium-sized enterprises. It can be adapted to the global market shortly. The fee charged is around 3%. October is gaining traction because of massive funding (over 600 million) and looks to expand across Europe. October is going to grow worldwide because of how simple yet effective their marking is. They are the future of lending worldwide. (https://october.eu/)

Eligma -started in 2017 (located in Slovenia) synergize payment methods and additional POS services into one solution, transforming the POS terminal into a tool for business growth. They offer an app that allows for Crypto and banking all in one. Eligma has raised over 22 million in funding. Eligma will allow for Crypto to be used as payment for day-to-day transactions. This type of payment way can be used in international settings and make it easier instead of converting currency. Eligma is an up-and-coming company that should look to have a big jump in usage when it goes global. (https://elly.com/en)

Echo -started in 2015 (located in the United Kingdom) A pharmacy that works with your GP, delivers for free and reminds you to order and take your medicine. A pharmacy that makes your prescriptions painless. Easily adaptable to global supply and can help lower drug prices in any international setting by using composition. The United States should use Echo to help lower drug prices. Echo is a growing company with a bright future ahead of it. (https://www.echo.co.uk/our-story)-

Cleo – started in 2016 (located in the United Kingdom), has helped 4 million people improve their relationship with money. AI assistants define a new category that goes beyond saving and budgets to change how people feel about finances. Cleo is instrumental because it allows for control overspending. Its purpose can be used to control personal finances and cut budgets. It can also control spending and limit one’s ability to go over budget. Overall, Cleo is an excellent app for the future of finance in the office. Cleo has also raised over 57 million and has been implemented in the United States. (https://www.meetcleo.com/)

Mitto -started in 2013 (located in Switzerland) a leading provider of global, omnichannel communications solutions, supporting business growth with advanced customer engagement technology and messaging enablement. Mitto has been used with LinkedIn, Tiktok, and SAP. They have best-in-class A2P messaging services for the largest brands in the world and have a growing client list. Mitto is already global and looks to be the future of promoting on Social Media platforms. (https://www.mitto.ch/)

Blockchain (Coindeal) -started in 2018 (located in the United Kingdom), provides IT technologies and cryptocurrencies for blockchain enthusiasts. Blockchain also already has gotten a lot of interest from China, and some have been purchased. They purchased digital yuan and planned on using it to help fund the building of railroads. Blockchain allows the user to trade Bitcoin, Ethereum, or Litecoin. It is secured by the most advanced SSL standard incorporated together with Cloudflare security features. Blockchain should continue to grow and become very popular with crypto investors. (http://mfit-group.com/)

Boost -started in 2020 (located in Poland), a fintech company that provides revenue-based financing to e-commerce companies. The increase is clear & simple, safe, and easy to use. Experts work with companies to ensure the healthy growth of the client’s online brands. They use end-to-end data encryption when handling clients’ data and information. They have a 6% flat fee for all loans. Boost is expected to grow because of the need for loans. The loan market is worth over 6932.29 billion, and it’s expected to grow with countries affected by covid-19 reopening.

(https://booste.com/)

Comeback Mobility– started in 2020 (located in Ukraine) provides wireless devices attached to crutches to monitor a patient’s walking recovery progress. These devices can be used in many global markets and contribute to easier recovery from injuries. They create tools to optimize a patient’s rehabilitation success. Their crutch tip devices make the recovery process safe and transparent for both doctor and patient. They believe their crutch tip devices will raise the rehabilitation industry to a whole new level. The market for this can expand globally and can be very useful in developing countries and warzones, where injuries tend to be higher because of conflict or damaged infrastructure. (https://comebackmobility.com/)

Draper Esprit – started in 2006 (located in the United Kingdom) venture capital fund that invests in disruptive tech companies at the early and growth stages. They invest at Series A (£2-3m+), but 70% of our capital is for growth-stage rounds Series B+. If an opportunity to acquire an equity stake in a high-growth tech company presents itself, they will selectively invest in that company. Some of their investments include GrapthCore and Revolut. Overall they have raised over five bn in total exit value and invested in over 120 companies. (https://draperesprit.com/)

Wave- started in 2021 (located in Germany) offers all financial services like banking, advice, and education in one app. Wave has raised over 6.1 million from several different venture capital firms. According to the Paypers website,” the company has been profitable after being invested in by the European fintech ecosystem finleap. Through the interaction with students through the original student financing platform, the company saw a need for financial advice beyond the topic of student finance, and now supports users in everyday financial affairs.” Waive can be used as a teaching method to help the poor and working-class to teach money-saving. (https://www.wajve.com/)

Ascent-started in 2007 (located in Russia) helps pharmaceutical companies transform their ideas and concepts into successful products. How to prepare, manage and conduct clinical trials. They know phase 1-11 trials because of their 20 years of experience. They provide site and investigator selection, enrollment strategies, comprehensive regulatory support, and professional monitoring and project management services. Through their tight connections with all major clinical centers, and provide unsurpassed patient recruitment in all therapeutic areas. (https://www.ascentregtech.com/)

StuDocu-started in 2013 (located in Amsterdam) a student-to-student knowledge exchange platform where students can share knowledge, college notes, and study guides. Students share their study materials organized by course or by the book. They cover more than 11 thousand universities. Their growth is going worldwide and is expected to grow even more in the future.StuDocu investors include Peak Capital, Point Nine, Piton, and Partech. StuDocu should grow and expand even more shortly. (https://www.studocu.com/il)

Kaizo- started in 2018 (located in Amsterdam) performance management platform for customer support teams. It uses gamification and AI to transform support performance metrics. It aims to actively guide employees towards achieving their goals and making an impact in their companies. Kaizo clients include Foot Locker, Miro, Buffer, and Nmbrs. It features planning and assessment, the power of gamification and insights in real-time, and enables them to take action based on leading metrics rather than chasing them. (https://kaizo.com/)

Ivalua- started in 2000 (located in France) global provider of spend management solutions and a leader in Gartner’s 2015 Strategic Sourcing Magic Quadrant. Ivalua’s cloud-based software is used by procurement and finance organizations in large, global companies. More than 500,000 users and millions of suppliers from over 70 countries log into the platform every day. The single platform solution with highly configurable functionality across all central procurement and finance processes, including performance and risk tracking, sourcing, contracts, procure-to-pay, invoice automation, and analytics. (https://www.ivalua.com/)

Pennylane– started in 2020 (located in France) is a full-stack financial management platform developer used to deal with financial data. Centralizing all the data that was fragmented in the past, this platform enables business managers to get a real-time view of their financial data and make the right decisions. The company allows business leaders to access their complete, up-to-date financial data at any time. (https://www.pennylane.tech/)

Alan- started in 2016 (located in France) is a digital health insurance platform that revolutionizes health insurance by focusing on user experience with an excellent price-quality ratio health plan. Alan started by creating a health insurance company for individuals and companies to trust as a service and enjoy as an experience. Alan is the insurance company that makes health care simpler, smarter, and better. It has raised more than €125m with leading investors such as Index Ventures, CNP, Partech, and Portage since its creation in 2016. (https://alan.com/)

Virtuo– started in 2015 (located in France) Virtuo provides car-on-demand services. App-based service means no queues, hassle, or paperwork. It allows you to pick up your car and escape the city 24/7. You can rent a car all through your phone. Not only a key, but the Virtuo app will also let you know how much fuel you have used and how many miles you have driven. They also have Virtuo for Business. The business has access to a dedicated and personalized tool to manage and access your employee’s bookings and rights. And enjoy flexible and simplified payment options. The company can choose for a centralized and monthly payment or let each employee manage its costs. (https://www.govirtuo.com/)

Cohabs- started in 2016 (based in Belgium) network of beautiful shared homes for nomads worldwide. It could be expanded to any country globally, a universal app that can be adopted in the global market. They have raised over 88.7 million from AG Real Estate and Federale. They currently rent out in France and New York City. According to The Teacher,” One of the keys to Cohabs’ success is their approach to the properties themselves. Not simply purchasing a ready-to-go home, the firm snaps up older homes and completely transforms them through renovation and redecoration projects.” Cohabs can grow in any country and can be used as an alternative to other renting sites. (https://www.cohabs.com/)

Sensefinity- started in 2014 (based in Germany). It provides visibility of the world’s supply-chains using AI and Blockchain to reduce Demurrage and Detention costs and reduce risk via real-time condition monitoring and AI to predict events. Some of their features include Position and unlimited Geo-Fence alarms, global 4G tracking, NB-IoT tracking, NB-IoT Gateways, Condition of your asset (Temperature, Humidity, Shock, Door Sensor), Sensor Fusion – cloud software provides intelligent analysis of sensor data to detect abnormal conditions. Sensors are automatically connected to the cloud and provide you with alarms, reports, and SMS messaging. Sensefinity’s other features are modular, plug & play sensors, intrinsically safe, instant notifications and warnings, and retrofit and OEM for vehicles and transport containers. Overall this company is beneficial for shipping and supply companies and should expand even more in the future. (https://www.sensefinity.com/)

4Securitas -started in 2017 (based in Ireland), it is a post perimeter security tool which complements a traditional perimeter security model. It resides at the Application or Data layer. It monitors and protects the platforms (physical/ VM/ Cloud/ Container platforms) where the data is stored, which are the ultimate target of every attacker. Using a combined approach based on log analysis, AI, and machine learning, ACSIA does the grunt work of security analysis – monitoring, analyzing, profiling, and mitigating cybersecurity incidents. (https://4securitas.com/)

  Overall, Xinergy Global sees that companies in Europe should look to grow in emerging markets. These markets include China, Brazil, India, and Japan. The markets are expected to bounce back from covid. This is because of a global commitment to pushing out the vaccine. Xinergy projects that the market trend will be perfect for companies who want to enter emerging markets. To get more analysis on emerging markets, please check out https://www.xinergy.global/.

At Xinergy Global we undertake that risky task for your company, as we operate in markets all around the world every day with boots on the ground. Xinergy does the research and exploratory work for the market your company wants to operate in and prepares feasibility and entry plan proposals for you. This mitigates the risk of undertaking foreign operations by giving you local insight into the challenges that may be faced by your company before spending development capital and allows us to develop a strategy together.  At Xinergy, we have developed our own proven methodology of market entry and are properly equipped to help your company expand and grow in emerging markets. Below you can read about twenty European companies that recently expanded and established global operations.

October -started in 2014 (located in France) online marketplace for business loans, enabling investors to lend money directly to small- and medium-sized enterprises. Can be adopted to the global market in the near future.The fees charge is around 3%. October is gaining traction because of massive funding (over 600 million) and looks to expand across Europe. October is going to grow worldwide because of how simple yet effective their marking is.They  are the future of lending worldwide.(https://october.eu/)

Eligma -started in 2017 (located in Slovenia) synergize payment methods and additional POS services into one solution, transforming the POS terminal into a tool for business growth. They offer an app that allows for cripto and banking all in one. Eligma has raised over 22 million in funding. Eligma will allow for Cripto to be used as payment for day to day transactions. This type of payment way can be used in international settings and make it easier instead of converting currency. Eligma is an up and coming company that should look to have a big jump in usage when it goes global. (https://elly.com/en)

Echo -started in 2015 (located in United Kingdom) A pharmacy that works with your GP, delivers for free, and reminds you to order and take your medicine.A pharmacy that makes your prescriptions painless. Easily adaptable to global supply and can help lower drug prices in any global setting by using composition. Echo can be used as a way to lower drug prices in the United States and other countries without regulated prices. Echo is a growing company with a bright future ahead of it. (https://www.echo.co.uk/our-story)-

Cleo – started in 2016 (located in United Kingdom)  has helped 4 million people improve their relationship with money. AI assistants define a new category, one that goes beyond saving and budgets to actually changing how people feel about finances. Cleo is very useful because it allows for control over spending. Its purpose can be used to control personal finances and cut budgets. It can also control spending and limit one’s ability to go over budget. . Overall, Cleo is a great app for the future of finance in the office. Cleo has also raised over 57 million and has been implemented in the United States.(https://www.meetcleo.com/)

Mitto -started in 2013 (located in Switzerland) leading provider of global, omnichannel communications solutions, supporting business growth with advanced customer engagement technology and messaging enablement. Mitto has been used with LinkedIn, Tiktok and SAP. They have  best-in-class A2P messaging services for the largest brands in the world and have a growing client list. Mitto is already global and looks to be the future of promoting on Social Media platforms. (https://www.mitto.ch/)

Blockchain (Coindeal) -started in 2018 (located in United Kingdom) provides IT technologies and cryptocurrencies for blockchain enthusiasts.Blockchain also already has gotten a lot of interest from China and some has been purchased. They purchased digital yuan, and plan on using it to help fund the building of railroads. Blockchain allows the user to trade Bitcoin, Ethereum or Litecoin. It is secured by the most advanced SSL standard incorporated together with Cloudflare security features.Blockchain should continue to grow and become very popular with crypto investors.(http://mfit-group.com/)

Booste -started in 2020 (located in Poland)  fintech company that provides revenue-based financing to e-commerce companies.Booste is clear & simple,safe and easy to use.experts work with companies to ensure the healthy growth of the clients online brand. They use end-to-end data encryption when handling clients data and information. They have a 6% flat fee for all loans. Booste is expected to grow because of the need for loans. The loan market is worth over 6932.29 billion and it’s expected to grow with countries affected by covid-19 reopening.

(https://booste.com/)

Comeback Mobility– started in 2020 (located in Ukraine) provides wireless devices, attached to crutches, to monitor a patient’s walking recovery progress. These devices can be used in many global markets and contribute to easier recovery from injuries. They create tools to optimize a patient’s rehabilitation success. Their crutch tip devices make the recovery process safe and transparent for both doctor and patient.They believe their crutch tip devices will raise the rehabilitation industry to a whole new level. The market for this can expand globally and can be very useful in developing countries and warzones, where injuries tend to be higher because of conflict or damaged infrastructure. (https://comebackmobility.com/)

Draper Esprit – started in 2006 (located in United Kingdom) venture capital fund that invests in disruptive tech companies at the early and growth stages.they invest at Series A (£2-3m+), but 70% of our capital is for growth stage rounds Series B+. If an opportunity to acquire an equity stake in a high growth tech company presents itself, they will selectively invest in that company.Some of their investments include GrapthCore and Revolut. Overall they have raised over 5bn in total exit value and invested in over 120 companies.  (https://draperesprit.com/)

Wajve- started in 2021 (located in Germany)  offers all financial services like banking, advice, and education in one app.Wajve has raised over 6.1 million from several different venture capital firms. According to the Paypers website, ”the company has been profitable after being invested in by the European fintech ecosystem finleap. Through the interaction with students through the original student financing platform, the company saw a need for financial advice beyond the topic of student finance, and now supports users in everyday financial affairs.” Waive can be used as a teaching method to help impoverished and working class in order to teach on money saving. (https://www.wajve.com/)

Ascent-started in 2007 (located in Russia)  helps pharmaceutical companies transform their ideas and concepts into successful products. how to prepare, manage and conduct clinical trials. They have the knowledge in phase 1-11 trials because of their 20 years of experience. They provide site and investigator selection, enrollment strategies, comprehensive regulatory support and professional monitoring and project management services. Through their tight connections with all major clinical centers and provide unsurpassed patient recruitment in all therapeutic areas.(https://www.ascentregtech.com/)

StuDocu-started in 2013 (located in Amsterdam) student-to-student knowledge exchange platform where students can share knowledge, college notes, and study guides.Students share their study materials organised by course or by book. They cover more than 11 thousand universities. Their growth is going worldwide and is expected to grow even more in the future.StuDocu investors include Peak Capital, Point Nine, Piton, and Partech. StuDocu should grow and expand even more in the near future.(https://www.studocu.com/il)

Kaizo- started in 2018 (located in Amsterdam)  performance management platform for customer support teams. It uses gamification and AI to transform support’s performance metrics. It aims to actively guide employees towards achieving their goals and making an impact in their companies. Kaizo clients include Foot Locker, Miro, Buffer, and Nmbrs.It features  planning and assessment, power of gamification and insights in real-time and enables them to take action based on leading metrics rather than chasing them. (https://kaizo.com/)

Ivalua- started in 2000 (located in France) global provider of spend management solutions and a leader in Gartner’s 2015 Strategic Sourcing Magic Quadrant. Ivalua’s cloud-based software is used by procurement and finance organizations in large, global companies, and every day more than 500,000 users and millions of suppliers from over 70 countries log into the platform. The single platform solution with highly configurable functionality across all major procurement and finance processes, including performance and risk tracking, sourcing, contracts, procure-to-pay, invoice automation and analytics. (https://www.ivalua.com/)

Pennylane– started in 2020 (located in France)  is a developer of a full-stack financial management platform used to deal with financial data. Centralizing all the data that was fragmented in the past, this platform enables business managers to get a real-time view of their financial data and make the right decisions. The company enables business leaders to access their complete, up-to-date financial data at any time. (https://www.pennylane.tech/)

Alan- started in 2016 (located in France)  is a digital health insurance platform that revolutionizes health insurance by focusing on user experience with an excellent price-quality ratio health plan. Alan started by creating a health insurance company for individuals and companies, that they can trust as a service and enjoy as an experience. Alan is the insurance company that makes health care simpler, smarter, and better. It has raised more than €125m with leading investors such as Index Ventures, CNP, Partech, and Portage since its creation in 2016. (https://alan.com/)

Virtuo– started in 2015  (located in France) Virtuo provides car-on-demand services. App based service means no queues, hassle, or paperwork. It allows you to pick up your car and escape the city 24/7.You can rent a car all through your phone. Not only a key, the Virtuo app will let you know how much fuel you have used and how many miles you have driven.They also have Virtuo for Business. The business has access to a dedicated and personalized tool where they can manage and access your employees bookings and rights. And enjoy flexible and simplified payment options. The business  can choose for a centralised and monthly payment or let each employee manage its payments.  (https://www.govirtuo.com/)

Cohabs- started in 2016 (based in Belgium)  network of beautiful shared homes for nomads around the world. Could be expanded to any country in the world, a universal app that can be adopted in the global market. They have raised over 88.7 million from AG Real Estate and Federale. They currently rent out in France and New York City. According to TechEU,” One of the keys to Cohabs’ success is their approach to the properties themselves. Not simply purchasing a ready-to-go home, the firm snaps up older homes and completely transforms them through renovation and redecoration projects.” Cohabs can grow in any country and can be used as an alternative to other renting sites. (https://www.cohabs.com/)

Sensefinity- started in 2014 (based in Germany) It provides visibility of the world’s supply-chains using AI and Blockchain to reduce costs with Demurrage and Detention and reducing risk via real-time condition monitoring and AI to predict events. Some of their features include, Position and unlimited Geo-Fence alarms, global 4G tracking and NB-IoT tracking and NB-IoT Gateways,Condition of your asset (Temperature, Humidity, Shock, Door Sensor),Sensor Fusion – cloud software provides intelligent analysis of sensor data to detect abnormal conditions, sensors are automatically connected into the cloud and provide you with alarms, reports and SMS messaging. Modular, plug & play sensors,intrinsically safe,instant notifications and alarms and retrofit and OEM for vehicles and transport containers. Overall this company is very useful for shipping and supply companies and should expand even more in the future. (https://www.sensefinity.com/)

4Securitas -started in 2017 (based in Ireland)  it is a ‘post-perimeter’ security tool which complements a traditional perimeter security model. It resides at the Application or Data layer. It monitors and protects the platforms (physical/ VM/ Cloud/ Container platforms) where the data is stored which are the ultimate target of every attacker. Using a combined approach based on log analysis, AI and machine learning, ACSIA does the grunt work of security analysis – monitoring, analysing, profiling and mitigating cybersecurity incidents. (https://4securitas.com/)

  Overall Xinergy Global sees that companies in Europe should look to grow in emerging markets. These markets include China,Brazil,India, and Japan. The markets are expected to bounce back from covid. This is because of a global commitment to pushing out the vaccine. Xinergy projects that the market trend will be very good to companies who want to enter emerging markets. To get more analysis on emerging markets, please check out https://www.xinergy.global/.

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byAndy Shafran

Andrew Shafran is a finance major who knows in the power of consutling. He began his journey in finance by working at Xinergy Global, and now dreams of expanding his influence worldwide.

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