Update: Cash-strapped Wonga goes into administration in the UK

Update: That’s it for Wonga’s UK business. The beleaguered payday loans company has just confirmed it’s gone into administration. Although it says its overseas businesses are contin

Dinghy picks up backing from Balderton for its flexible freelancer insurance

Insurtech was one of the big VC bets of 2017, and that looks set to continue into the new year as startups spot gaps in the insurance market. Continuing this trend is <a target="_blank" href="https:

The Tab Raises $3M For Its Hyperlocal News Site Written By Unpaid Student Journalists

The online disruption of journalism continues apace. Today The Tab, a hyperlocal news site aimed at young people and written mainly by “grassroots” (read: unpaid) student journalists, has

Sunrise Raises $6 Million From Balderton And Others To Build The Perfect Calendar

A year and a half after launching its first calendar app, Sunrise is raising a $6 million Series A round from Balderton Capital and existing investors — Bernard Liautaud is joining the board. Th

YC Alum GoCardless Raises Another $7M, Aims To Be The Stripe Of Direct Debit Payments

<a target="_blank" href="">GoCardless</a>, a Y-Combinator alum that has created a simple way for online businesses to set up and accept direct debit payments (that is, money t

Social Gaming Still In Play – Wooga Raises An Additional €5 Million

<img src="" width="215" height="78" />It seems that social gaming is where the action is right now, and we're not just hea

VCs Exit As Music Retailer Buys Half Of 7Digital For $12.6 Million

<img src="" width="150" height="41" />Laggard UK music retailer <a href="">HMV</a> is buying a 50 per