Europe

The UK government has warned of the risks of the Internet being ‘Balkanzied’ by the application of different rules in different geographies, suggesting that data localization efforts could throttle competition and innovation and weaken security. It makes the warning in a negotiation position paper drawn up as it’s seeking to engage in separating itself from
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Home, a Berlin-based startup that offers an app to help landlords manage their properties, has raised €3 million in seed funding. EQT Ventures led the round, along with the company’s existing investor, Redalpine. Claiming to already have more than 100,000 apartments being managed through its app since the company was founded last year, Home aims
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eMoov, one of a number of online real estate agents fighting it out in the U.K., has picked up £9 million in new backing. The round was led by consumer investment group JXC Ventures, with participation from existing investors Episode 1 VC, Maxfield Capital, Spire and Startive Ventures. Gaby Salem of Wharton Asset Management has
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Fintech startup N26 is getting more and more customers. The company reported 300,000 customers back in March. It now has 500,000 customers across Europe. More importantly, growth seems to be accelerating as the startup announced that it was adding a thousand customers every day back in March. Now, around 1,500 customers sign up every day.
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In an example of more revolving doors in London’s heated fintech space, TechCrunch has learned that Curve co-founder Tom Foster-Carter is joining Monzo. As of Monday, he takes up the role of COO at the digital-only challenger bank, with some aspects subject to regulatory approval. At Curve, a platform that lets you consolidate all your
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LaterPay is offering media companies a business model that goes beyond subscriptions and ads. Cosmin Ene, the German startup’s founder and CEO, argued that while some publications are having success with paywalls and online subscriptions, it’s an approach that only convinces the most loyal readers to pay. So LaterPay is trying to help monetize “the
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Glint, a stealthy London fintech startup that promises a new “global currency,” has raised £3.1 million from a plethora of individual backers in the financial services and asset management space, alongside early-stage investor Bray Capital. They comprise Haruko Fukuda, former CEO of the World Gold Council and NED of Investec Bank; Oliver Bolitho, formerly Chairman
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Jinn, the U.K.-based same-hour ‘shop on your behalf’ delivery app that operates quite similarly to Postmates in the U.S., has gone through a turbulent time of late. This saw the company withdraw from all markets outside of London last month, as part of several rounds of mass-layoffs. Operations in Edinburgh, Glasgow, Manchester, Birmingham and Leeds
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Following rumours that began circulating within London’s fintech community as far back as June, digital-only or so-called ‘challenger’ bank Tandem has announced that it has signed an agreement to acquire Harrods Bank, the banking arm of the U.K.’s most famous luxury department store. Terms of the deal aren’t being disclosed, and the transaction remains subject
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