Tag: Europe
GiveVision partners with Sony to develop and manufacture wearables for people with visual impairments
GiveVision, the U.K. startup creating wearable technology to help “restore” sight to people with visual impairments, is partnering with Sony (via the Sony UK Technology Centre) to develop and manufacture its next generation device. Specifically, GiveVision says it will be working with Sony UK Tec to help bring to market…
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Monzo launches free and paid-for business bank accounts
Monzo, the U.K. challenger bank, is officially launching business bank accounts today, after an extensive trial period over the last 12 months that saw early access given to 2,500 business customers. Perhaps surprisingly, right out of the gate Monzo is offering two versions of its business bank account — which…
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TransferWise partners with Alipay for international money transfers
TransferWise, the London-headquartered international money transfer service most recently valued by investors at $3.5 billion, has partnered with China’s Aliplay for international transfers. The launch enables TransferWise’s now 7 million-plus users to be able to send Chinese yuan from 17 currencies to users of Alipay, which serves more than 1.2…
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Startups developing tech to combat COVID-19 urged to apply for fast-track EU funding
The European Commission put out a call Friday for startups and small businesses which are developing technologies that could help combat the COVID-19 outbreak to apply for fast-track EU funding. The push is related to a €164M pot of money that’s being made available for R&D via the European Innovation…
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US slashes federal interest rates in response to the coronavirus pandemic
The Trump administration has slashed federal interest rates as part of an effort to stabilize the economy following a rocky week on the financial markets. The U.S. Federal Reserve cut interest rates to near-zero, the second time that the central bank has cut interest rates in as many weeks. The…
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Three travel startups tell us how they’re responding to the coronavirus crisis
With the globalized world going into partial or complete lock down over the Covid-19 pandemic, startups in the travel sector are facing a huge stress test and immediate disruption to business as usual as public health concern spirals and entire populations are encouraged or even forced not to travel. The…
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