When Cleo, the London-based “digital assistant” that wants to replace your banking apps, quietly entered the U.S., the company couldn’t have expected to be an instant hit. Many better-funded British startups have failed to “break America.” However, just four months later, the fintech upstart counts 350,000 users across the pond — claiming more than 600,000
Europe
More consolidation is afoot in the world of cloud-based voice services. Today, Vonage — once a VoIP pioneer that today offers cloud-based unified communications and other IP services in the business market — announced that it would acquire NewVoiceMedia, a UK startup that builds cloud-based contact center solutions, for $350 million in cash. Vonage says
Credit rating giant Equifax has been issued with the maximum possible penalty by the UK’s data protection agency for last year’s massive data breach. Albeit, the fine is only £500,000 because the loss of customer data occurred when the UK’s prior privacy regime was in force — rather than the tough new data protection law,
Curve, the London fintech that lets you consolidate all of your bank cards into a single Curve card and app to make it easier to manage your spending, has always faced a slight awareness problem. Even though nobody else does what Curve does — the product is innovative on a multiple fronts, such as its
The European Union’s competition commission is looking into how Amazon uses data from retailers selling via its ecommerce marketplace, Reuters reports. Competition commissioner Margrethe Vestager revealed the action today during a press conference. “We are gathering information on the issue and we have sent quite a number of questionnaires to market participants in order to
In the arms race of ad blocking there’s clearly never a dull moment as efforts to block ads are combated by publisher and platform countermeasures trying to fox the blocks. This is why Adblock Plus maker, eyeo, says it’s getting more serious in how it tackles what it dubs “circumvention technologies” — by setting up
We’re excited to head to Beirut, Lebanon, on October 3rd for TechCrunch Startup Battlefield MENA 2018. Yes, we’re bringing our premier startup pitch competition to the Middle East / North Africa, and as well as launching 15 of the hottest startups in MENA on stage for the first time, we’ll also be joined by some
Up market UK supermarket chain Waitrose will start trialing two-hour or same day delivery options in certain London postcodes from tomorrow. It’s partnering with CitySprint Group courier delivery spin-out On the Dot for the deliveries which will be made by electric and hydrogen vans and push bikes and cargo bikes (billed as a zero-emission fleet). The
Atomico, the European venture capital firm founded by Skype’s Niklas Zennström, is announcing a number of new hires to its investment team, including new Partner Caroline Chayot, who previously led the EMEA HR team at Twitter. I’m told she’ll be working alongside existing Atomico Partner Dan Hynes, who was formerly the Director of Global Staffing
Earlier this year we saw the headlines of how the users of popular voice assistants like Alexa and Siri and continue to face issues when their private data is compromised, or even sent to random people. In May it was reported that Amazon’s Alexa recorded a private conversation and sent it to a random contact.
I’m not going to lie, when Studio Banana released the original Ostrichpillow back in 2012, despite breaking all Kickstarter records at the time, I thought the whole thing might be an elaborate joke. Or, worse still, since the sleep-at-your-desk styled product had found popularity amongst people who worked at startups, Silicon Valley was now parodying
Given all the scams of the last few years, consumers are increasingly unwilling to spend money on what they see as irrelevant insurance products. That means many business have lost out on revenue. Setoo is a UK startup which solves this problem, by helping online businesses to build and integrate simple insurance products tailor-made to
A multi-month investigation by Sweden’s Medical Products Agency into a number of unwanted pregnancies among users of ‘digital contraception’ app Natural Cycles has been closed after the startup agreed to clarify the risk of the product failing. But, on the self-reported data front, the agency said it was satisfied the number of unwanted pregnancies is in line
Mapillary, the Swedish startup that wants to take on Google and others in mapping the world by way of a crowdsourced database of street-level imagery, is taking an interesting step in the development of its platform. The company is now working with Amazon, and specifically its Rekognition API, to detect and read text in Mapillary’s
The complaints in this case were lodged prior to the UK legislating for a new surveillance regime, the 2016 Investigatory Powers Act, so in coming to a judgement the Chamber was considering the oversight regime at the time (and in the case of points 1 and 3 above that’s the Regulation of Investigatory Powers Act
New car makers have been popping up left and right. But instead of creating yet another Tesla-like company, German company Sono Motors is working on something completely new — a solar-powered car. That’s why I’m excited to announce that the company’s co-founder and CEO Laurin Hahn will join us at TechCrunch Disrupt Berlin. Sono Motors
Accel-backed mobile-first jobs app Job Today has pulled in another $16M — an expansion to its November 2016 $20M Series B round. It raised a $10M Series A in January of the same year. The 2015 founded startup offers a mobile app for job seekers that does away with the need for a CV. Instead job seekers
The European Parliament has just voted to back controversial proposals to reform online copyright — including supporting an extension to cover snippets of publishers content (Article 11), and to make platforms that hold significant amounts of content liable for copyright violations by their users (Article 13). Today’s plenary vote in the European parliament was on
The European Union’s executive body is doubling down on its push for platforms to pre-filter the Internet, publishing a proposal today for all websites to monitor uploads in order to be able to quickly remove terrorist uploads. The Commission handed platforms an informal one-hour rule for removing terrorist content back in March. It’s now proposing turning
Meet Paysend’s global account, a new way to hold, spend and send money in multiple currencies using a mobile app and a card. It looks a lot like Revolut’s basic features. But the company is trying to provide a more focused and robust experience from day one. “We are quite different from both a technical
TechCrunch will soon hold it’s first ever Startup Battlefield MENA competition dedicated to the MENA region, in Beirut, Lebanon, on October 3rd. The event will showcase the launch of 15 of the hottest startups in MENA on stage for the first time. We’ll also be joined by some of the leading investments firms in MENA.
Ravelin, the London-based company using machine learning to help e-commerce companies fight and predict the risk of fraud, has raised £8 million in Series B funding. The round is led by BlackFin Capital Partners, while existing investors Amadeus Capital Partners, Passion Capital, and Playfair Capital followed on. In a call with co-founder and CEO Martin
Evaneos, the online marketplace for tailor-made travel experiences, has picked up $80 million in Series D funding. Leading the round is Partech, and Level Equity, with participation from Quadrille Capital, and existing backers XAnge, Serena Capital, and Bpifrance. The injection of cash is to be used to international development, including increasing headcount from the current
In what looks like an undeniably good strategic fit, U.K.-based business reporting software startup Supdate has been acquired by equity crowdfunding platform Crowdcube. Terms of the deal remain undisclosed, although I’m told it was an all-cash acquisition. I understand that Crowdcube is essentially buying the Supdate user base and tech/IP, and that Supdate founder Duane
“Unmortgage enables everyone to live in the home they want to, that’s our mission,” Unmortgage co-founder and CEO Ray Rafiq-Omar tells me. “We do that by allowing people to buy as little as five percent of a home and rent the rest. So there’s no mortgage involved, hence the name Unmortgage”. The burgeoning London startup,
European Union lawmakers are facing a major vote on digital copyright reform proposals on Wednesday — a process that has set the Internet’s hair fully on fire. Here’s a run down of the issues and what’s at stake… Article 13 The most controversial component of the proposals concerns user-generated content platforms such as YouTube, and
Tachyon, the accelerator of the blockchain powerhouse ConsenSys which launched earlier this year, has announced the first cohort for its 10 week accelerator program which is aimed at taking early stage blockchain projects from idea to a viable product. Sixteen companies were selected from around the world and will be brought together in San Francisco
Swedish telehealth startup Kry, which bagged a $66M Series B in June for market expansion, is executing on that plan — announcing today it will launch into the French market on September 15. This will be the fourth market for the 2014 founded European startup, after its home market of Sweden, along with Norway and
Revolut, the new-generation smartphone-based bank which is blowing up Europe right now, has confirmed its intention launch in the United States and Canada later this year, taking its interesting combination of personal banking, crypto wallet and fee-free stocks trading app to main-street North America. Co-founder and CEO Nik Storonsky said the company now has a
End-to-end encrypted email service ProtonMail has named one of the attackers behind a sustained distributed denial of service attack (DDoS) it suffered earlier this summer. The attack took its email service offline for up to several minute long stretches at a time, even with mitigation measures in place. It says the UK’s National Crime Agency
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