Category: World

Execs at Mobike, the bike sharing startup, are raising $20M to buy out the European business by end of June – TechCrunch

Some big changes are afoot for Mobike, the Chinese bike-sharing company that was acquired by IPO-bound on-demand service startup Meituan-Dianping for $2.7 billion last year. Mobike executives in Europe are raising $20 million from outside investors as part of a plan to spin off the European operation. Under the deal,

HeyJobs, a ‘talent acquisition’ platform out of Berlin, raises $12M Series A – TechCrunch

HeyJobs, a three year-old Berlin startup that helps large employers scale recruitment, has raised $12 million in Series A funding. The round is led by Notion Capital, with participation from existing investors Creathor Ventures, Rocket Internet’s GFC, and newly re-branded Heartcore Capital. Founded in 2016 and launched the following year,

Nokia Chairman Risto Siilasmaa backs machine learning startup Aito.ai – TechCrunch

Aito, a Helsinki-based machine learning startup that is developing “predictive database” technology, has raised €1 million in pre-seed funding, including from Nokia Chairman Risto Siilasmaa (via his investment company First Fellow Partners). Others backing the round are Hermitage and UMO Capital, with funding from Business Finland. Previous Aito investors include

Capital.com powers Currency.com’s ‘world first’ in tokenising government bonds – TechCrunch

With the SEC recently releasing its long-awaited guidance on crypto token issuers, it’s becoming clear that the crypto world is edging closer to the traditional financial world. New players are joining the sector who hail from traditional finance and trading backgrounds. Until this year, crypto exchanges focused on providing access

Asto, the bookkeeping app from Santander, adds invoice financing for freelancers and SMEs – TechCrunch

Asto, the Santander owned “upstart” developing financial tools for freelancers and SMEs, is adding invoice financing to its bookkeeping app. The new offering, which potentially opens up so-called “micro-financing” to a much broader business market, comes hot on the heels of Santander Group acquiring Albert, an invoicing and expenses app