Europe

Blueground, the startup providing turnkey flexible rental apartments, has raised $20 million in a round led by Athens-based VentureFriends, with participation from Endeavor Catalyst, Dubai’s Jabbar Internet Group, and serial entrepreneur Kevin Ryan. Ryan – who helped found MongoDB, Gilt Groupe, Zola, and others – will also join Blueground’s Board of Directors. It’s no secret
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Soldo, the London-based fintech startup that offers a multi-user spending account primarily for businesses, has secured an Electronic Money Institution licence from Ireland’s Central Bank, a move the company says is designed to mitigate against the uncertainty of Brexit. The Accel-backed company is currently licensed by U.K. financial regulator the FCA and benefits from so-called
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Last month, Coinbase’s acquisition of blockchain analytics startup Neutrino was criticized because of the founders’ ties to a controversial surveillance technology company called Hacking Team. Today Coinbase CEO Brian Armstrong said in a blog post that employees of Neutrino who had previously worked at Hacking Team will transition out of Coinbase, instead of joining its
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Paris-based Shift Technology has raised another $60 million funding round. Bessemer Venture Partners is leading the round and existing investors Accel, General Catalyst, Iris Capital and Elaia Partners are also participating. Shift Technology is all about detecting fraudulent insurance claims. There are 70 insurance companies around the world relying on its product, such as MACIF
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Well, that didn’t take long. Just three months after raising $50 million in Series A funding, e-scooter rentals startup Voi Technology has added another $30 million to its balance sheet. The new round sees existing investors Vostok New Ventures, Balderton Capital, LocalGlobe and Raine Ventures participate again, alongside new investors Project A and Creandum. The
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This hasn’t been a good week for challenger bank Revolut . The company, which offers digital banking services and is valued at $1.7 billion, confirmed today that embattled CFO Peter O’Higgins has resigned and left the business. The startup and O’Higgins have been under pressure after a Daily Telegraph report that revealed that Revolt switched
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A report by the lead data watchdog for a large number of tech giants operating in Europe shows a significant increase in privacy complaints and data breach notifications since the region’s updated privacy framework came into force last May. The Irish Data Protection Commission (DPC)’s annual report, published today, covers the period May 25, aka
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LinkedIn has been forced to ‘pause’ a feature in Europe in which the platform emails members’ connections when they’ve been ‘mentioned in the news’. The regulatory action follows a number of data protection complaints after LinkedIn’s algorithms incorrect matched members to news articles — triggering a review of the feature and subsequent suspension order. The
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Fintech startup N26 plans to launch its retail banking service in Brazil in 2019. The company announced the news on stage at MWC in Barcelona. N26 has already announced that its next market would be the U.S. at some point during the first half of 2019. Brazil should launch after that. Right now, N26 is
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Attentive, a Techstars Boulder alumnus, closing of a $1.2M Seed round co-led by Lisbon based Indico Capital Partners and Luxembourg based Mangrove Capital Partners. This also marks Mangrove’s first ever investment into a Portugal-based start-up. The southern-European country has surged as a European startup destination with the launch of new funds like Indico, acting as
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The European Commission’s digital commissioner has warned the mobile industry to expect it to act over security concerns attached to Chinese network equipment makers. The Commission is considering a defacto ban on kit made by Chinese companies including Huawei in the face of security and espionage concerns, per Reuters. Appearing on stage at the Mobile
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A privacy complaint targeting the behavioral advertising industry has a new piece of evidence that shows the Internet Advertising Bureau (IAB) shedding doubt on whether it’s possible to obtain informed consent from web users for the programmatic ad industry’s real-time bidding (RTB) system to broadcast their personal data. The adtech industry functions by harvesting web users’ data,
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Entrepreneur First (EF), the London-headquartered “talent investor” that recruits and backs individuals pre-team and pre-idea to enable them to found startups, has raised a new fund of its own to continue scaling globally. The $115 million first close was led by a number of leading (mostly unnamed) institutional investors across the U.S., Europe and Asia,
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Darktrace helped pave the way for using artificial intelligence to combat malicious hacking and enterprise security breaches. Now a new UK startup founded by an ex-Darktrace executive has raised some funding to take the use of AI in cybersecurity to the next level. Senseon, which has pioneered a new model that it calls “AI triangulation” — simultaneously
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