Europe

Triple, the Stockholm-headquartered marketplace for local travel experiences, has acquired competitor Local Guddy for an undisclosed sum. The deal sees Local Guddy founder Emre Semercioğlu become part of the Triple team as Head of Market Growth, while I understand it was part cash, part stock. The Turkish startup had previously raised a seed round in
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Falcon.io, a startup out of Denmark that helps businesses manage their presence across social media and messaging platforms, has acquired a competitor in a wider trend of consolidation in the market for such services. It is buying Komfo from customer experience software developer Sitecore, which itself was majority acquired by EQT for $1.1 billion in 2016.
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ParkBee, a Netherlands-founded startup that lets private car parks monetize underutilized spaces by making them bookable to the public, has picked up €5 million in new funding The round is led by German-based Statkraft Ventures, with participation from existing investors. Statkraft Ventures is backed by the Statkraft Group, which claims to be Europe’s largest generator
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Raisin, the PayPal-backed savings deposit marketplace that lets you shop for a better interest rate across Europe, has launched a dedicated U.K. site, meaning that savers can now access deposit accounts in Sterling. The first partner bank on the British version of the platform is BACB, which is offering a range of fixed-term savings accounts,
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Amazon continues to tap into the developer community to expand the ubiquity of its Alexa voice-based assistant, and it’s taking the strategy international. Today the company opened applications for the Alexa Accelerator, the program for startups building solutions and services for voice-based assistants, which Amazon runs in conjunction with Techstars. Most notably, as part of
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Facebook today took its latest step towards making good on paying out royalties to music rightsholders around tracks that are used across its multiple platforms and networks. The company has signed a deal with ICE Services — a licensing group and copyright database of some 31 million works that represents PRS in the UK, STIM
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Anyfin, a startup based in Sweden that easily enables you to refinance your existing loans, including by taking a photo, has picked up €4.8 million in Series A investment. The round is co-led by Accel, and Northzone, with participation from Rocket Internet’s Global Founders Capital, and a number of unnamed angel investors from the consumer
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StatusToday, a London startup that is building out AI tech that it claims can help companies better understand their employees and in turn improve productivity, is disclosing $3.91 million in seed investment. The round is led by LocalGlobe, with participation from Notion Capital and Firstminute capital. Founded in 2015 after graduating from company builder Entrepreneur
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Europe-based cloud storage startup Tresorit, which mainly focuses on selling to small to medium size businesses, has added a file restore feature to its e2e encrypted cloud storage platform. It’s touting this as a helpful feature if you’re trying to recover from a ransomware attack. Or, more prosaically, if you’ve accidentally deleted something. Here’s a GIF
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Another blow for Facebook in Europe: Judges in Belgium have once again ruled the company broke privacy laws by deploying technology such as cookies and social plug-ins to track internet users across the web. Facebook uses data it collects in this way to sell targeted advertising. The social media giant failed to make it sufficiently clear
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Starling, the U.K. challenger bank that offers a mobile-only current account, continues to execute on its marketplace banking strategy. Following the required regulatory approval, the Starling Marketplace is adding a number of financial services integrations, spanning pensions, savings, travel insurance and mortgage brokerage. Specifically, Starling is partnering with PensionBee, Wealthsimple, Kasko, and Habito, respectively. It
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Finnish fintech startup Zervant, which provides online invoicing software for small business and entrepreneurs across Europe, has raised €6 million in funding. The round was led by Tesi, with participation from Northzone, NFT Ventures, and Conor Venture Partners. Founded in 2010 and headquartered in Espoo, Finland, Zervant offers simple invoicing software targeting micro enterprises in
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Flux, the London fintech startup founded by former early employees at Revolut, has deepened its partnership with U.K. challenger bank Starling to add Flux-powered loyalty points to Starling’s mobile banking app. It builds on earlier Flux integration that sees Starling support item-level digital receipts powered by Flux and supported merchants (to date, this includes all
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French startup Cityscoot announced a $50 million round of financing yesterday (€40 million). RATP Capital Innovation and Inventure Partners are leading the round, with existing investors Caisse des Dépôts and LeasePlan also participating. Cityscoot operates an electric scooter-sharing service in Paris and plans to expand to other cities in France and Europe. You can now
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It’s been more than a year since the well-funded startup Cyanogen announced that it would shut down its mobile OS development, and since pivoted to self-driving technology. Yet we’re still seeing some fallout among the companies that had pinned their hopes on the original plans of that shooting star. Wileyfox, a smartphone maker that was
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The UK government has announced a package of labor market reforms to respond to changes in working patterns including those driven by the rise of gig economy platforms and apps like Uber and Deliveroo. It’s billing the move as an expansion of workers rights — saying “millions” of workers will get new day-one rights, as
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