Europe

Société Générale is acquiring freelancer challenger bank Shine

Société Générale is acquiring French startup Shine. Terms of the deal are undisclosed. According to a source, Shine is getting acquired for around €100 million in an all-cash deal (around $112.6

Willa secures $3M from EQT Ventures to let freelancers get paid immediately

Willa, the Sweden and U.S.-based fintech that wants to help freelancers request payment and get paid immediately for a fee, has raised $3 million in funding. The company’s founders are former ea

Berlin’s DeepSpin raises seed funding for its ‘portable, ultra-low-cost’ MRI system

DeepSpin, a Berlin-based startup that is developing what it describes as a “next-generation, AI-powered MRI imaging machine,” has raised €600,000 in seed funding. Backing the round is AP

Banking platform solarisBank raises $67.5 million at $360 million valuation

Despite the Wirecard fallout, German fintech startup solarisBank has raised a Series C funding round of $67.5 million (€60 million). Following today’s funding round, solarisBank is now valued at $

Exclusive: Survey finds startups drifting away from offices, post COVID-19

Early-stage startups are confident of re-opening their offices in the wake of the COVID-19 within the next six months. But there will be changes. An exclusive survey compiled by Founders Forum, with T

Extra Crunch expands into Romania

Extra Crunch is now live in Romania. That adds to our existing support in Europe as we are already in Austria, Belgium, France, Germany, Italy, the Netherlands, Poland, Spain and the U.K. There’s be

Here are the winners of The Europas Awards 2020 – Even a pandemic can’t stop these startups

Last year The Europas Awards for European Tech Startups was held at a sunny garden party next to a historic museum in London. Last night, because of the global Coronavirus pandemic, it was held over Z

Amsterdam ejects Airbnb et al from three central districts in latest P2P platform limits

Another brick in the wall for vacation rental platforms: Amsterdam is booting Airbnb and other such platforms from three districts in the city’s old center from July 1, further tightening its r

Privacy not a blocker for ‘meaningful’ research access to platform data, says report

European lawmakers are eyeing binding transparency requirements for Internet platforms in a Digital Services Act (DSA) due to be drafted by the end of the year. But the question of how to create gover

Wirecard, the disgraced German payments firm backed by SoftBank, files for insolvency over €1.3B in loans coming due

The house of cards has well and truly collapsed for Wirecard, the German payments company that has been accused of accounting fraud. Today it announced that its German operation Wirecard AG was applyi

Connect Ventures outs $80M third fund to back ‘product-led’ seed-stage founders

Connect Ventures, the London-based seed-stage VC that was an early investor in Citymapper and Typeform — and more recently backed scaling startups such as Curve and TrueLayer — is announci

France’s api.video raises $5.5M to make it easier for developers to add video features

Api.video, a “developer-first” video platform that makes it easier for websites and apps to add video features, has raised $5.5 million in a seed round led by London venture capital firm B

Hoxton Ventures’ partners assess Europe’s early-stage landscape

"We’re largely hands off with our companies, but I think almost all the founders we pick tend to do the right thing and have a broader perspective on society."

UK’s CMA clears Amazon’s 16% Deliveroo stake, says COVID-19 impact less severe than initially thought

More than a year after Amazon announced that it would be lead a $575 million investment into UK food delivery startup Deliveroo, the country’s competition regulator, the CMA, has finally announc

GDPR’s two-year review flags lack of ‘vigorous’ enforcement

It’s more than two years since a flagship update to the European Union’s data protection regime moved into the application phase. Yet the General Data Protection Regulation (GDPR) has been

London fintech Curve to power Samsung Pay Card in the UK

Curve, the London fintech that is re-bundling various financial products by letting you consolidate all your bank cards into a single card and app, is partnering with Samsung in the U.K. to power its

Memo Bank unveils its business bank, credit license and $22.5 million in new funding

Memo Bank wasn’t always called Memo Bank . It started as Margo Bank and has been flying under the radar for a few years. The French startup is now about to launch publicly and shared more details ab

Zopa granted full UK bank license as it gears up to launch savings account and credit card

Zopa, the 15-year-old peer-to-peer lending company, is announcing that it has been awarded its full U.K. bank licence, as it gears up to launch a fixed-term savings account, followed by a credit car

Accelerated Digital Ventures’ future is in flux after founders lose board seats

The future of Accelerated Digital Ventures (ADV), the U.K. early-stage investment firm now majority owned by Legal & General, is in flux after three of its founders have lost their seat on the boa

How will EC plans to reboot rules for digital services impact startups?

There's a chance for broader perspectives on platform power to shape the next decades online, and much more besides.
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