Corporates are increasingly fearful of contracting innovator’s dilemma, a disease so deadly that, if it isn’t caught early, can be fatal. And in an attempt to vaccinate against the disease, said corporates are either acquiring, investing in, or incubating startups of their own.
The latest to hedge against innovator’s dilemma is car maker Jaguar Land Rover, which today is… Read More
In Europe, London tends to grab most of the fintech limelight but other tech hubs in the continent are producing their fair share of fintech companies with comparative success, not least in Germany. Enter Hamburg-based Finanzcheck, the consumer loans marketplace, which today is disclosing it has closed €33 million in Series C funding. The round was led by growth-investor HarbourVest,… Read More
Atom Bank, which is backed by Spanish banking giant BBVA, has become the first of the four so-called UK ‘challenger’ banks out the gate — sort of.
Having secured a much-coveted banking license late last year, the mobile-first bank has made its iOS app available to users who pre-registered their interest. However, this is still a very limited launch, restricted to a single… Read More
After months of rumours that the startup was raising, Jinn, the same-hour ‘shop on your behalf’ delivery app, is disclosing $7.5 million in Series A funding, money that it plans to use to expand to more UK cities — the service is currently in central London and most recently Manchester — and to reach Southern Europe. Read More
A number of Valk Fleet’s management team tell TechCrunch they have been on the receiving end of “death threats” from disgruntled drivers who, due to their self-employed status, have no employment rights beyond the contract they signed with Valk Feet. Read More
This time the Berlin-based company builder (to use the preferred terminology) is investing and betting on the underlying regulatory and financial technology infrastructure — the picks ‘n’ shovels, if you will — in the form of solarisBank, a fully-licensed digital bank designed to power an array of fintech services. Read More
Veeqo, the Wales-headquartered company that offers e-commerce inventory software, has acquired London-based parcel delivery startup ParcelBright to bolster its shipping features. Terms of the deal remain undisclosed, though I understand the acquisition includes ParcelBright’s tech and customer base. Meanwhile, founders Daniel Lipinski and Carlos Vilhena will stay involved in the form… Read More
In any conversation I have about London’s fintech space, property crowdfunding platform Property Partner is almost certain to come up. The startup which lets you invest from as little as £50 in residential property — or the so-called ‘buy to let’ market, as it’s called here in the U.K. — has, by all accounts, been growing at a clip. Read More
Jobbatical, the Estonia-headquartered job matching site for tech gigs abroad, has raised a $2 million funding round led by Union Square Ventures, and Saul Klein and Robin Klein’s LocalGlobe. Previous investor Smartcap also participated. Read More
Seedcamp-backed travel startup, Much Better Adventures, which lets you book ‘active holidays’ with independent providers, has raised £400,000 in seed funding to expand its ski offering and launch a second vertical in the form of road cycling holidays. Read More