Europe

German insurance giant Allianz increases its VC fund to $1.1 billion

February 20, 2019 0

Allianz X, the venture capital arm attached to German insurance giant Allianz, has increased the size of its fund to €1 billion, around $1.1 billion,

Resooma launches Resooma Bills to help ‘generation rent’ manage household expenditure

February 20, 2019 0

Resooma, the U.K. accommodation booking platform, is entering the fintech and utilities space with the launch of Resooma Bills, a new product to help “gen

UK’s extended 5km airport drone ‘no-fly’ zones in force next month

February 20, 2019 0

The UK’s Department for Transport has said today that an expansion of drone ‘no-fly’ zones to 5km around airport runways will come into force on

Twitter names first international markets to get checks on political advertisers

February 19, 2019 0

Twitter has announced it’s expanding checks on political advertisers outside the U.S. to also cover Australia, India and all the member states of the European

UK parliament calls for antitrust, data abuse probe of Facebook

February 18, 2019 0

A final report by a British parliamentary committee which spent months last year investigating online political disinformation makes very uncomfortable reading for Facebook — with

GoCardless raises $75M Series E for its recurring payments network and heads to America

February 18, 2019 0

Compared to startups born into the frothy London fintech space as it exists today, 2011-founded GoCardless could well be considered a slow burner. However, in

Alan raises another $45 million for its health insurance product

February 18, 2019 0

Paris-based startup Alan has raised a Series B round of funding of $45 million (€40 million). Index Ventures is once again leading the round, with

ChargedUp picks up £1.2M seed to grow its mobile charging network across UK

February 15, 2019 0

ChargedUp, a U.K. startup that offers a mobile charging network that takes inspiration from bike-sharing, has closed £1.2 million in seed investment. Leading the round

Europe agrees platform rules to tackle unfair business practices

February 14, 2019 0

The European Union’s political institutions have reached agreement over new rules designed to boost transparency around online platform businesses and curb unfair practices to support

Alibaba’s Ant Financial buys UK currency exchange giant WorldFirst reportedly for around $700M

February 14, 2019 0

Ant Financial, the financial services behemoth affiliated with Chinese e-commerce giant Alibaba, has made its first big move into Europe. It’s acquired London-headquartered payments company