N26 adds Apple Pay support in France, Spain, Italy and Finland

 Fintech startup N26 just launched Apple Pay support in European countries where Apple already launched Apple Pay. Starting today, you can now add your N26 card to the Wallet app if you live in Spain, Italy and Finland. The feature has been live in France for a few weeks already. If you live in one of those countries and have an N26 card, open the Wallet app on your iOS device. Tap the plus sign… Read More

Revolut is applying for a European banking license to become a true bank

 It’s hard to believe that fintech startup Revolut still doesn’t have a proper banking license. Many users will tell you that Revolut’s electronic wallets already feel like traditional bank accounts with an IBAN and a payment card. But the startup is finally applying for a proper banking license in Lithuania. This process is going to take a few months — the startup… Read More

Apple has reportedly relocated its international tax residency to Jersey

 Last year, the EU ordered Apple to pay up to $14.5 billion for illegal tax benefits in Ireland. The company smelled something fishy when Commissioner Margrethe Vestager started the investigation in 2014, as the International Consortium of Investigative Journalists revealed in the Paradise Papers. Apple relocated its tax residency to the tiny island of Jersey. Read More

Photoslurp bags $870k for its ‘shop the look’ UGC marketing platform

 Bootstrapping Barcelona-based visual commerce startup Photoslurp has taken its first external funding: Announcing €750,000 (~$870k) in pre-Series A financing, led by Spanish VC Inveready Technology Investment Group, with participation from Bankinter VC, Caixa Capital Risc and ICF. Read More

Meet TechCrunch’s Mike Butcher at Web Summit on Tuesday

 Two Minute Techcrunch! Since it’s impossible, as a journalist, to crawl around all the stands at Web Summit, I thought it would be easier to sit in one place and meet people there! Thus, you will get the chance to meet me (Mike Butcher) and pitch me your company for 2 MINUTES at Web Summit on Tuesday. Details of where and when will be sent by email. Right now, it will probably be… Read More

Open source database startup MariaDB confirms $27M investment led by Alibaba

 Open source database startup MariaDB has announced a new $27 million round of funding led by Alibaba, confirming the news that TechCrunch reported in September. As we wrote then, Alibaba contributed the majority of the round, supplying €20 million of the total €22.9 million raised. A range of existing investors added that extra bit and they were confirmed to include Intel Capital… Read More

TransferWise announces whopping $280M investment as early shareholders cash in

 TransferWise, the international money transfer company and one of Europe’s better-known unicorns, has announced $280 million in new investment today. The Series E round is led by asset management firm Old Mutual Global Investors, and Silicon Valley VC firm IVP, and I understand also includes some secondary share dealings, meaning that not all of the cash will register on its balance sheet. Read More