Europe

Tandem, the U.K. challenger bank founded by fintech veteran Ricky Knox, has rolled out its second banking product today with the addition of fixed term savings accounts. The new offering enables customers to get a guaranteed interest rate if they deposit their money with Tandem over one, two or three years, and follows the launch
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Lisbon-headquartered Unbabel, a startup that has developed what it describes as an “AI-powered, human-refined” translation platform that makes it more cost effective to conduct business globally, has raised $23 million in Series B funding. The round is led by Scale Venture Partners, with participation from Microsoft Ventures, Salesforce Ventures, Samsung Next, Notion Capital, Caixa Capital,
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GV (formerly known as Google Ventures) has lost its one female general partner. London-based Avid Larizadeh Duggan is joining Kobalt​, a 17-year-old, New York-based music tech company that acts as a publisher and provides royalty tracking services for tracks when they are played across various digital platforms.  Larizadeh Duggan, who’d led an investment in Kobalt for GV,
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The UK’s data watchdog has handed mobile phone retailer Carphone Warehouse a £400,000 fine — just shy of the £500k maximum the regulator can currently issue — for security failings attached to a 2015 hack that compromised the personal data of some three million customers and 1,000 employees. Compromised customer data included: Names, addresses, phone numbers, dates of
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Goodlord, the London ‘proptech’ startup that has built a software platform to handle transactions and the “paperwork” normally associated with renting a home, has laid off nearly 40 employees, while TechCrunch understands from sources that co-founder and CEO Richard White will soon be leaving the company. The job losses are said to be in sales and
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Some nice momentum for Barcelona based Red Points which has closed a $12M Series B, led by Northzone. Previous investors Mangrove and Sabadell Venture Capital also participated in the round. This follows a $2.2M Series A in September 2016 when customers numbered in the region of 75. It’s now reporting customer numbers have passed 300, up from 100
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