Tag: Europe

Credit Kudos raises £5M Series A to use open banking for credit scoring

Credit Kudos, a U.K. fintech using open banking to provide more accurate credit scoring, has raised £5 million in Series A funding. Leading the round is AlbionVC, which is joined by TriplePoint, Plug & Play Ventures, Ascension Ventures’ Fair by Design fund, and Entrepreneur First (EF). In addition, a number…

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Slite raises $11 million for its internal notes tool

French startup Slite has raised an $11 million Series A round led by Spark Capital with existing investors also participating. Slite is a sort of multiplayer Evernote. It lets you collect and organize documentation, create shared documents and build a company handbook. Many companies struggle to keep a single source…

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Amazon has to limit orders in France following court decision

A court in Nanterre, France, has ruled that Amazon should greatly restrict orders in France in the coming weeks. According to the decision that AFP and a union have obtained, Amazon can only accept orders of groceries, hygiene and health-related products. The company has 24 hours to comply or it’ll…

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Potential new treatment for COVID-19 uncovered by BenevolentAI enters trials

BenevolentAI, a startup which has raised $292 million to apply AI to create drugs faster, today says it has uncovered an already approved drug as a potential treatment for COVID-19, after it applied its AI platform and team to the problem. The revelation, which has now appeared in peer-reviewed scientific…

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Truphone raises $38M at $516M valuation as its eSIM business crosses 4M profiles

Truphone, a UK-based startup that provides voice and data services for phones, tablets and IoT hardware by way of eSIM software integrated directly into the devices, has raised another round of funding to continue expanding its business. The company, which told TechCrunch today that it counts Apple as a key…

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UK tech job vacancies fall 31% in less than 4 weeks, according to job site data – so who is still hiring?

As the coronavirus crisis continues, hiring data is emerging that paints a mixed picture for U.K. tech, which, in the preceding months and years has been stuck on a growth trajectory of up and to the right. That appears to have changed almost over night. According to numbers shared exclusively…

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