Europe

Tradeshift cuts headcount by three figures in effort to turn towards profitability

Last month, Tradeshift, a platform for supply chain payments that has achieved unicorn status in recent years, had some good news and some bad news. It announced a Series F funding round of $240 milli

Silja Litvin of eQuoo says founders should prioritize their mental health

Entrepreneurs — particularly tech entrepreneurs — face the uphill struggle of building something new in the world. Sometimes that struggle can exact a heavy mental toll. As much as everyone knows

Flip raises $4M to pounce on the growing sector of employee messaging

We’re all familiar with text messaging groups for multi-person coordination. I’ve lost count of how many WhatsApp, Telegram and Facebook messenger groups I’m on! Other apps like Threema have sta

Facebook Dating launch blocked in Europe after it fails to show privacy workings

Facebook has been left red-faced after being forced to call off the launch date of its dating service in Europe because it failed to give its lead EU data regulator enough advanced warning — inc

Tandem Bank’s chief product officer has joined Santander InnoVentures

Following the departure of its CTO last month, Tandem Bank, the U.K. challenger bank co-founded by fintech veteran Ricky Knox, has lost another key member of its team: chief product officer Matt Ford,

GSMA cancels Mobile World Congress due to coronavirus concerns

The GSMA, the organization behind MWC, the world’s largest mobile trade show, has announced that it is officially canceling the show. MWC usually attracts more than 100,000 attendees from 200 countr

UK names its pick for social media ‘harms’ watchdog

The UK government has taken the next step in its grand policymaking challenge to tame the worst excesses of social media by regulating a broad range of online harms. As a result, it has named Ofcom, t

Fenergo raises $80M at an $800M valuation for compliance and other fintech services aimed at banks

Europe has emerged as a key region for hatching and scaling fintech companies. And today, one of the more prominent fintech startups is announcing a large round of funding, from a mix of strategic inv

European founders look to new markets, aim for profitability

To get a better sense of what lies ahead for the European startup ecosystem, we spoke to several investors and entrepreneurs in the region about their impressions and lessons learned from 2019, along

N26 exits UK market following Brexit

German fintech startup N26 is shutting down its operations in the U.K. Customers who opened a bank account in the U.K. will have to transfer their deposits, spend everything with their card or withdra

The UK’s Angel CoFund boosts its team and board with two key hires

The UK’s tech scene is playing musical chairs. In people news from the investors scene, the UK’s Angel CoFund (ACF) has now made two key appointments to the team and board. Former ACF Chairman

A list of MWC coronavirus cancellations so far: Nokia, Facebook, AT&T, Sprint, Intel now also staying away

Update: The GSMA has just announced it is cancelling MWC 2020. Our original report follows below for reference… Yet more big names are being added to the list of companies that are staying away

Middle East healthcare platform Vezeeta raises $40M Series D led by Gulf Capital

Vezeeta, a healthcare platform operating in the Middle East and Africa, has raised a $40 Million Series D funding round led by UAE-based Gulf Capital, alongside further investment from existing Riyadh

Oxx, a new European VC dedicated to SaaS, raises $133M fund

Oxx, a relatively new European venture capital firm founded by Richard Anton and Mikael Johnsson, has raised $133 million to back “Europe’s most promising SaaS companies” at Series A and

Revolut uses ‘open banking’ to let you aggregate other bank account data within its app

Revolut, the European banking and money transfer app that now claims over 10 million customers, has partnered with open banking API provider TrueLayer to add bank account aggregation features to its a

A/O PropTech offers giant sandbox for startups disrupting real estate

A/O PropTech is a European VC that officially launched last week after raising €250 million in what it describes as “permanent capital” to invest in companies disrupting the €230 trillion real

Impala raises $20 million to build the API of the hotel industry

Impala has raised another round of funding just a few months after raising an $11 million Series A round. This time, the startup is raising a $20 million Series B round led by Lakestar. Latitude Ventu

4 factors to consider before entering international markets

Avoid costly hurdles and achieve the best results without reinventing the wheel for every launch.

Facebook quietly acquired another UK AI startup and almost no one noticed

Over the last few years, Facebook has been busy building out AI capabilities in areas like computer vision, natural language processing (NLP) and ‘deep learning,’ in part by acquiring promising st

UK public sector failing to be open about its use of AI, review finds

A report into the use of artificial intelligence by the U.K.’s public sector has warned that the government is failing to be open about automated decision-making technologies which have the pote
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