Fintech startup LemFi raises $53M to help immigrants send money back home
Coming from South Africa but living in Europe, I can tell you that sending money to family and friends back home is a bit of a nightmare. Typically you must…
Upvest — which powers stock trading on Revolut, N26, Bunq — secures €100M
If you live in Europe and you use a neobank, you’ve likely been interacting with Upvest’s investment products without even knowing it. The Berlin-based startup runs a stock-trading API that…
Dutch neobank bunq launches stock trading ‘tailored to digital nomads’
Bunq has become the latest fintech to enter the crowded European stock trading market. The Amsterdam-based neobank yesterday announced its new Stocks product, which it claims is “tailored to digital…
Flink raises $150M despite rapid grocery delivery sector slowdown
Flink, one of the few rapid grocery delivery startups left operating in Europe, has secured $150mn to grow its business in Germany and the Netherlands. The funding comprises $115 million…
TNW Podcast: The finances of OnlyFans, quantum accelerators, WeTransfer cuts
Welcome to the new episode of the TNW Podcast — the show where we discuss the latest developments in the European technology ecosystem and feature interviews with some of the…
$45B valuation — Revolut becomes Europe’s most precious private tech firm
UK fintech Revolut has been valued at $45bn following a share sale by employees, making it Europe’s most valuable private tech company and shaking up the world of traditional finance. …
UK startup automates shared ownership process to tackle housing crisis
London-based Stairpay has raised £750k in Pre-Seed funding to help first-time home buyers navigate the shared ownership process — and ultimately move to full ownership. For individuals facing challenges entering…
Revolut wins UK banking license as neobanks take on the establishment
Revolut has finally won a UK banking licence, intensifying the neobank threat to traditional finance. The breakthrough ends a painful wait for Europe’s most valuable fintech firm, which first applied…
Neobank Monzo unveils new anti-fraud features in case of phone theft
UK-based neobank Monzo has unveiled three app-based security features, aiming to safeguard user accounts from criminals even in the case of phone theft. The new security tools are designed to…
Swedish digital pet care startup raises €20M to expand in US
Swedish pet telehealth startup FirstVet has secured €20mn to grow its operations and expand its remote veterinary care services in North America. The platform offers immediate video consultations and wants…
Why today’s CTO needs to be a Composable Technology Officer
With Google’s repeated postponements of cookie deprecation, many businesses face the prospect of making significant changes to the way they operate. And it’s the CTO who is mainly responsible for…
Booking.com joins tech giants as ‘gatekeeper’ under EU competition rules
Booking.com has joined the ranks of tech giants, such as Google and Meta, that fall under the EU’s sweeping online competition rules. Dubbed the Digital Markets Act (DMA), the law…
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