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Posts Tagged ‘Europe’

Fintech startup ClearGlass Analytics closes $3.6M for pension funds transparency platform

Fintech startup ClearGlass Analytics has closed a £2.6 million ($3.6M) funding round for its platform, which aims to create greater transparency on fees in the long-term savings market, such as pensions and the wider asset management market.  The £2.6m seed round includes European VC Lakestar and Outward VC, the venture arm of Investec, as well ...

Revolut lets customers switch to Revolut Bank in 10 additional countries

Fintech startup Revolut has its own banking license in the European Union since late 2018. It lets the company offer some additional financial services without partnering with third-party companies. And the company is going to let customers switch to Revolut Bank in 10 additional countries. The Bank of Lithuania has granted a specialized license — ...

Istanbul’s Dream Games snaps up $50M and launches its first game, the puzzle-based Royal Match

On the back of Zynga acquiring Turkey’s Peak Games for $1.8 billion last year and then following it up with another gaming acquisition in the country, Turkey has been making a name for itself as a hub for mobile gaming startups, and specifically those building casual puzzle games, the wildly popular and very sticky format ...

6 Copenhagen investors share their outlook on investing in 2021

While Denmark and Copenhagen don’t often come up as a destination for European startups, it has a thriving local tech scene that’s home to some of the better startup conferences. After all, who doesn’t want to visit Copenhagen? A highly educated population, great universities, excellent healthcare and great transport links to Europe make the city ...

Sources: Lightspeed is close to hiring a new London-based partner to put down further roots in Europe

Lightspeed Venture Partners, the well-known Silicon Valley venture capital firm that has backed the likes of DoubleClick and Snapchat, is in the midst of hiring a second London-based investment partner as it looks to put down further roots in Europe, TechCrunch has learned. According to multiple sources, Paul Murphy, whose investments include Tier, Hopin, Klang ...

Europe kicks off bid to find a route to ‘better’ gig work

The European Union has kicked off the first stage of a consultation process involving gig platforms and workers. Regional lawmakers have said they want to improve working conditions for people who provide labor via platforms which EU digital policy chief, Margrethe Vestager, accepted in a speech today can be “poor” and “precarious”. Yet she also ...

Gophr, the U.K. last-mile delivery company, picks up £4M funding

Gophr, a U.K.-based last-mile delivery provider, has raised £4 million in funding, as it looks to invest in its product off the back of 300% revenue growth during the last 12 months. Leading the round is pan-European B2B investor Nauta Capital. The company had previously raised £1 million in two rounds, including £500,000 from publicly-listed ...

Math learning app Photomath raises $23 million as it reaches 220 million downloads

Photomath, the popular mobile app that helps you solve equations, has raised a $23 million Series B funding round led by Menlo Ventures. The app is a massive consumer success, and chances are you might already know about it if you have a teenager in your household. The app lets you point your phone’s camera ...

Facebook fined again in Italy for misleading users over what it does with their data

Facebook has been fined again by Italy’s competition authority — this time the penalty is €7 million (~$8.4M) — for failing to comply with an earlier order related to how it informs users about the commercial uses it makes of their data. The AGCM began investigating certain commercial practices by Facebook back in 2018, including ...

Certific, a health tech startup from the founder of TransferWise, aims to be the rails for certified home testing

Certific, a health tech startup co-founded by TransferWise’s Taavet Hinrikus, is breaking cover today with the launch of what it claims is the first “certified” remote COVID-19 testing service. The British-Estonian company is using techniques borrowed from the worlds of fintech and telemedicine, including asking users to film themselves while taking the at-home test, in ...