Motoring community DriveTribe secures $6.5M from 21st Century Fox

drivetribe2 DriveTribe, the vertical online community for motoring fans to be launched by former Top Gear presenters Jeremy Clarkson, Richard Hammond and James May, has now secured $6.5 million (£4.9 million) from 21st Century Fox. The move comes less than three weeks after the announcement of its $5.5 million Series A funding, led by Breyer Capital and Atomico. The site expects to launch in November 2016… Read More

Lydia launches a good old plastic card to go beyond the peer-to-peer payment space

phone_card_everywhere French startup Lydia is launching a card so that you can spend your Lydia balance in every retailer that accepts MasterCard. You can trigger a lot of features in the app. In other words, you remain in control of your card, and not your bank. Lydia started off as a peer-to-peer payment app so that you can pay back your friends using your phone — gone are the tedious IBAN and wire transfers. Read More

Divido raises £2.5M to let you spread cost of purchases while retailers get paid immediately

Divido founders The UK’s Divido is one of a number of startups and tech companies operating in the point of sale consumer finance sector. Its alternative payment option lets customers spread the cost of any purchase over a period of time while the retailer gets paid in full right away. Today the London-based company is disclosing £2.5 million in seed funding led by Mangrove Capital, and DN Capital.… Read More

Blowing up on Kickstarter, Hello brings video conferencing and security to any TV

hello2 The $6.7 billion telepresence and video communication category hasn’t evolved much since we were introduced to Cisco and Polycom. At the same time Smart TVs are making video conferencing easier. But it’s still not that easy. Hello is a new startup addressing this space — created by two former refugees from the war in Kosovo — which has now passed it’s… Read More

European VC Northzone closes €300 million fund

Northzone Northzone, a 20 year veteran of the European VC industry, has closed its 8th fund, capped at €300 million, which it will deploy to “early-stage” startups in the region. Specifically, these will be A, B and C rounds, and although investments will span the whole of Europe, there will be particular focus on key tech hubs, including the Nordics, London, and Berlin. The VC also says… Read More

Softbank has completed its £24B cash acquisition of ARM Holdings

IOTGlobe One of the biggest tech deals this year — and the biggest ever in the UK — has now closed. Today, Softbank announced that it has completed its acquisition of ARM Holdings, the semiconductor firm that it said in July it would acquire for £24 billion in cash (around $32 billion in today’s currency, $31 billion at the time of the deal), in order to make a big jump into IoT. As… Read More

Softbank has completed its £24B cash acquisition of ARM Holdings

IOTGlobe One of the biggest tech deals this year — and the biggest ever in the UK — has now closed. Today, Softbank announced that it has completed its acquisition of ARM Holdings, the semiconductor firm that it said in July it would acquire for £24 billion in cash (around $32 billion in today’s currency, $31 billion at the time of the deal), in order to make a big jump into IoT. As… Read More

Sonali De Rycker and Niklas Zennström join TechCrunch Disrupt London, Dec 5-6

disruptLONDON2016Green_466x269 TechCrunch Disrupt London is happening once again this December and we have some of the most iconic entrepreneurs and thought leaders in the tech industry lined up to speak. The two-day conference runs December 5 to 6 in the Olympic Village’s Copper Box Arena and features Startup Alley and Startup Battlefield where one startup will take home £30,000. You can buy early-bird tickets… Read More

The EU’s new regulatory environment might help fintech flourish

moneygrowth The EU’s efforts to regulate financial markets has opened new opportunities for global fintech operators looking for universal standards to tap into the lucrative 28-country marketplace. While over-regulation can stifle growth, the fintech industry, in pursuit of consumer trust, has a lot to gain from a clearly defined regulatory framework. Read More