BP Ventures, BP’s investment arm, leads $20M in private jet charter marketplace Victor

 Victor, which bills itself as the “largest ‘on-demand’ marketplace for private jet charter,” has raised $20 million in new funding, bringing total raised to date to $44.45 million since launching in 2011. BP Ventures, BP’s investment arm, led the round, putting in $10 million, whilst the London headquartered startup says it plans to use the additional capital… Read More

GoCardless, a fintech that makes recurring payments easy for subscription businesses, raises $22.5M

 Well, GoCardless co-founder and CEO Hiroki Takeuchi knows how to work a non-denial denial. When I interviewed him a few weeks ago for an extensive profile piece we ran yesterday, he wouldn’t be drawn on if the hot London fintech was raising a new round. Today, the company is announcing $22.5 million in new funding. Read More

Adan Medical is bringing technology to Epi-Pens

 Going into anaphylactic shock is terrifying. The last time I went into shock, called my mom first, injected myself with an Epi-Pen second, injected myself with a shot of epinephrine third, and 911 last. I had that a bit backwards. Had I been using Adan Medical‘s smart case for Epi-Pens, my mom and emergency response teams would’ve been notified the moment I opened the case. I… Read More

SoftBank Group will buy a 5% stake in ZhongAn, China’s first online-only insurance agency

 SoftBank Group has agreed to be a cornerstone investor in the initial public offering of ZhongAn, China’s first online-only insurance agency, on the Hong Kong Stock Exchange today. SoftBank Group will buy a 5 percent stake in the company, or about 72 million shares, at the offer price, which is in the range of HKD $53.70 to HKD $59.70 per share. If calculated based on the… Read More

FutureFuel.io adds new features to make paying off student loans easier

 FutureFuel.io, the company offering student loan payment management services as an employee benefit, is adding new features to make it easier for companies to manage the loan repayment process. The company is offering real time account linking and updates on loan repayments through the fintech company Quovo. And through a partnership with Credible, will provide information on the lending… Read More

Credit Karma says it will offer credit monitoring for Equifax following this month’s huge breach

 Credit Karma said it will add Equifax to its credit monitoring service as part of its free product, which proactively notifies members of significant changes to their credit report. It includes a whole suite of notifications for significant changes in credit queries, such as opening new accounts, a change in the status of an account, new personal information or a hard inquiry or application… Read More

Patreon raises big round at ~$450M valuation to get artists paid

 In an era where art is shared and streamed for free, Patreon offers new hope for turning content creation into a career. Illustrators, comedians, game makers, and musicians use Patreon to let fans pay a monthly subscription fee for special access to their work. In exchange, Patreon takes only a tiny 5% cut. With 50,000 creators and 1 million subscribers on board paying an average of $12 per… Read More

BlaBlaCar expands its BlaBlaLines service to Paris area

 BlaBlaCar is currently trying to reinvent itself. And it starts with BlaBlaLines, a new ride-sharing service for daily commutes. The company first tested out the new service around Reims and Toulouse. It is now live in the Paris area. BlaBlaCar was first all about long-distance ride sharing. If you’re driving from Paris to London, you can list your ride on BlaBlaCar and get connected… Read More

MissionU raises $8.5M to build an alternative one-year education program

 Adam Braun, a consultant-turned-educational non-profit founder, will say he’s had a lot of good fortune that’s helped him position himself in a way to see the education system from a birds-eye view — and hopes he can help address the problem of student debt with a venture-backed startup. That’s why Braun, with his experience at Bain and then at Pencils for Promise,… Read More