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Posts Tagged ‘Europe’

UK challenger bank Atom raises another £50M from BBVA and more at £530M valuation

Another hopeful among Europe’s so-called challenger banks — startups taking on the big names in consumer banking by targeting niche groups of users with a more modern set of tools to manage users’ money — has raised a sizeable round of funding to expand its business. Atom Bank — which targets mainly millennial-aged consumers (current ...

Just Eat makes layoffs in UK and Ireland after customer and restaurant ops merged

Just Eat, the publicly-listed takeout marketplace that has faced fierce competition from UberEats and Deliveroo in recent years, has made a round of layoffs in the U.K. and Ireland, TechCrunch has learned. Announced internally late on Friday, the redundancies are part of a reorganisation that is seeing Just Eat’s customer and restaurant operation teams merged. ...

Visa invests in India-based B2B payments platform PayMate’s $25M round

PayMate, a Mumbai-based startup that helps businesses automate and digitize their payments, is raising $25 million in a new round, its founder said, as it looks to expand its presence within India and in international markets. In an interview with TechCrunch, Ajay Adiseshann, founder and CEO of PayMate, said the startup has already raised a substantial ...

UVeye snaps up $31M for its hyper-detailed, AI-based drive-thru vehicle-scanning platform

The race is on for the car of the future, equipped with self-driving capabilities, on-board personalised information and entertainment, and an ever-smaller carbon footprint. Today, however, comes news of a startup that’s improving car performance from the outside. UVeye, a Tel Aviv-based company that has built a set of drive-through external scanners that can take ...

How Carl Pope helped drive a $500 million pledge to push the U.S. “Beyond Carbon” (Part 2)

Billionaire businessman and philanthropist Michael Bloomberg recently pledged to rapidly spend $500 million in a bid to push the U.S. “Beyond Carbon,” aiming to end this country’s use of coal and natural gas power in a generation or less. In another recent piece, I featured an in-depth interview with Carl Pope, the veteran environmental leader ...

InCountry raises $15M for its cloud-based private data storage-as-a-service solution

The rise of data breaches, along with an expanding raft of regulations (now numbering 80 different regional regimes, and growing) have ****** data protection — having legal and compliant ways of handling personal user information — to the top of the list of things that an organization needs to consider when building and operating their ...

Facebook accused of contradicting itself on claims about platform policy violations

Prepare your best * unsurprised face *: Facebook is being accused of contradicting itself in separate testimonies made on both sides of the Atlantic. The chair of a UK parliamentary committee which spent the lion’s share of last year investigating online disinformation, going on to grill multiple Facebook execs as part of an enquiry that ...

Inside Harley Davidson’s EV shift with a ride on its LiveWire

Harley-Davidson will release its first production electric motorcycle in September, the LiveWire. Yes, the American symbol for internal combustion, chrome and steel is going all in on two-wheeled EVs. Founded in Milwaukee in 1903, Harley Davidson opened a Silicon Valley office in 2018 with plans to add a future line-up of electric vehicles—from motorcycles to ...

Qualcomm hit with $271M EU fine over predatory pricing of baseband chips

A long-running European antitrust investigation into whether Qualcomm used predatory pricing when selling UMTS baseband chips about a decade ago has landed the chipmaker with a fine of €242 million (~$271M) — aka, 1.27% of its global revenue for 2018. The EU regulator concluded Qualcomm used abusive pricing to force its main rival at the ...

Watch an unfiltered interview of PicsArt founder at Disrupt Berlin

Smartphones have become a creative playground thanks to cameras and innovative apps, such as PicsArt. With PicsArt, anybody can add filters, stickers and tweak photos and videos in many different ways. It has been a massive hit with 130 million monthly active users. And that’s why I’m excited to announce that PicsArt founder and CEO ...