More evidence that Gen Z is switching to chat platforms for just about everything, including banking, emerges today in the news that Zelf, a fintech startup offering neobank-style services, is generating buzz amongst Gen-Zers in Spain and France. Its ability for users to interact solely via messaging has seen the startup hit over 260,000 card
Europe
In the ‘Age of Corona’ – as some like to call it, the roboticization of industry and business has been super-charged by the pandemic. So while companies using messaging platforms to drive customers towards purchases was always on a long term trend, the sheer volume of people staying online 24/7 during global lockdowns has led
Medwing, a German startup with an ambition to tackle Europe’s shortage of healthcare workers, said on Tuesday that it has secured €28 million ($30 million) in a Series B financing round. Global venture capital firm Cathay Innovation led the round, marking its first investment in a German company. Other participating investors include Northzone, Cherry Ventures
Mikael Johnsson Contributor Mikael Johnsson is a co-founder and general partner of Oxx, a venture capital firm investing in European SaaS companies at growth stage. A generation of companies now needs to forget what it has learned. The world has changed for everyone, and nowhere is this more true than in fundraising. I’ve been investing
The lead data regulator for much of big tech in Europe is moving inexorably towards issuing its first major cross-border GDPR decision — saying today it’s submitted a draft decision related to Twitter’s business to its fellow EU watchdogs for review. “The draft decision focusses on whether Twitter International Company has complied with Articles 33(1)
Apple is facing fresh questions from its lead data protection regulator in Europe following a public complaint by a former contractor who revealed last year that workers doing quality grading for Siri were routinely overhearing sensitive user data. Earlier this week the former Apple contractor, Thomas le Bonniec, sent a letter to European regulators laying
Entrepreneur First (EF), the London-headquartered “talent investor” that backs individuals pre-team and pre-idea to enable them to found startups, has appointed former Andreessen Horowitz partner Benedict Evans as a Venture Partner. A well-respected analyst with a background in the tech and media industries, Evans will be tasked with providing “analysis, insight and recommendations” for new
“I’ve got a really high attention to detail, which might sound great, but it’s possibly a curse because I can’t help but spot problems with everything around me,” says Peter Ramsey. He’s the founder of Built for Mars, a U.K.-based UX advisory, and he has spent the last three months documenting and analyzing the user
Automattic, the open source force behind WordPress .com, WooCommerce, Longreads, Simplenote and Tumblr, has made a $4.6M strategic investment into New Vector — the creators of an open, decentralized communications standard called Matrix. They also develop a Slack rival (Riot) which runs on Matrix. The investment by Automattic, which is at a higher valuation than the
More than five years after starting the company, Monzo co-founder Tom Blomfield is stepping down as CEO of the U.K. challenger bank to take up the newly created role of President. Current U.S. CEO, TS Anil, will become the new “Monzo UK Bank CEO”, subject to regulatory approval, and for now will hold both U.K.
Strapi, the company behind the popular open-source headless CMS also called Strapi, has raised a $10 million Series A round led by Index Ventures. The company previously raised a $4 million seed round led by Accel and Stride.vc in October 2019. Strapi is a headless content management system, which means that the back end and
As the coronavirus pandemic continues, throwing countries into lockdown and recession, two of the hardest-hit sectors have been travel and events. And startups operating in the space that have recently raised significant funding aren’t immune to the crisis. Pollen, the U.K.-based influencer marketplace for travel and events that closed $60 million in funding in October,
Contentsquare, the cloud-based platform that helps businesses understand how and why users are interacting with their app, mobile and web sites, has closed $190 million in Series D funding. The round is led by BlackRock’s Private Equity Partners team, with participation from previous investors. In addition, as part of this round, Sapiance Capital Limited is
After months of news about large-scale event cancelations, Berlin-based mega-conference IFA announced today that it will go ahead with a planned in-person event, from September 3 to 5. With the future of the COVID-19 pandemic still uncertain around the world, the show will come with some major caveats. For starters, the show, which traditionally takes
A comprehensive study into how startups will work in the future, in the wake of the global COVID-9 pandemic, has been launched by UK non-profit Founders Forum. The initiative comes in the wake of a number of organizations announcing extended offices closures and ‘Work From Home’ policies. The group hopes the COVID-19 Workplace Survey will
European startups are calling for more flexibility in EU state aid rules to allow national governments to provide liquidity for the region’s fledgling digital businesses during the COVID-19 crisis. In a joint letter addressed to Commission EVP Margrethe Vestager, more than a dozen startup associations from across the bloc have called for rules to be
Huawei is facing an uphill challenge in the overseas market as its upcoming devices lack the full set of Google apps and services. That leaves ample room for its Chinese rivals to chase after foreign consumers. That includes Oppo, the sister brand of Vivo under Dongguan-based electronics holding company BBK. In an announcement on Monday, the
UK food delivery giant Deliveroo has been called on to do more to protect riders’ incomes and safety during the coronavirus crisis. The ‘meals-on-wheels’ service couriers provide makes them key workers in a pandemic characterized by social distancing and ‘shelter in place’ lockdowns, is the key argument. More than forty MPs from across the political
Now here’s an interesting GDPR complaint: Is Google illegally tracking Android users in Europe via a unique, device-assigned advertising ID? First, what is the Android advertising ID? Per Google’s description to developers building apps for its smartphone platform it’s — [emphasis added by us] The advertising ID is a unique, user-resettable ID for advertising, provided by
Solutions should allow Member States’ servers to communicate and receive relevant keys between themselves using a trusted and secure mechanism. Roaming users should upload their relevant proximity encounter information to the home country backend. The other Member State(s) should be informed about possible infected or exposed users*. *For roaming users, the question of to which
French research institute Inria has released a small portion of the source code that is going to power France’s contact-tracing app, StopCovid. It is available on several GitLab repositories under the Mozilla Public License 2.0. While the French government announced that everything would be open source, it’s going to be bit a more complicated than
It seems that we are in the middle of a mini acquisition spree for Kubernetes startups, specifically those that can help with Kubernetes security. In the latest development, Venafi, a vendor of certificate and key management for machine-to-machine connections, is acquiring Jetstack, a UK startup that helps enterprises migrate and work within Kubernetes and cloud-based ecosystems,
France’s lower chamber of the parliament has voted in favor of a controversial law against hate speech on social networks and online platforms. As I described last year, online platforms will have to remove within 24 hours illicit content that has been flagged. Otherwise, companies will have to pay hefty fines every time they infringe
Workvivo, an employee communications platform founded only three years ago, has raised $16 million in a Series A funding, in a round led by Tiger Global which is best know for large growth-oriented rounds. Also participating is Frontline Ventures and Enterprise Ireland, previous investors. The Series A round follows on from a seed round late
Small and medium businesses and sole-traders account for the vast majority of businesses globally, 99.9% of all enterprises in the UK alone. And while the existence millions of separate companies, with their individual demands, speaks of a fragmented market, together they still represent a lot of opportunity. Today, a UK fintech startup looking to capitalise
Eugene Kaspersky made a name for himself in cybersecurity as CEO of Kaspersky Labs, but the Russian security expert has a new passion project: he’s funding an online accelerator that aims to support entrepreneurs who are building travel and tourism startups. Businesses that apply must have a focus on Russia, though the accelerator is open
Berlin -based recruitment startup, Zenjob, which operates a digital platform connecting students with highly flexible temp jobs in sectors such as retail, logistics and hospitality, has closed a €27 million ($30M) Series C led by Forestay Capital. Also participating in the funding round: Redalpine, Acton Capital, Axa Venture Partners and Atlantic Labs. Prior to this
VanMoof, the Dutch e-bike startup which launched in 2009, is now officially a “scale-up” after attracting a €12.5M / $13.5M investment from London VC Balderton Capital and SINBON Electronics, the Taiwan-based electronics manufacturer which is its bike assembly partner. The funds will be used for international expansion, following the launch of the new electric VanMoof
Target Global is backing a €1 million support fund for tech talent in Spain laid off or furloughed as a result of the coronavirus crisis. The aim is to provide pre-seed financing to help crisis-hit tech workers switch gears and build out a startup concept over the next four to six months, covering living expenses
PlayPlay, the Paris-based startup behind a video creation tool that enables comms, marketing and social media teams to produce high-quality video content “in minutes”, has raised €10 million in funding. Leading the Series A round is Balderton Capital, with participation from Point Nine, and Kerala Ventures. Founded in 2017 by ex-Eurosport social media director Thibaut
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