Europe

Fintech startup Revolut is launching international medical and dental insurance. You can subscribe using the company’s app for £1 per day or more depending on the options. But the best part is that you can set it up and forget about it as Revolut uses your device’s location data to automatically turn insurance coverage on
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In a move that represents further consolidation in the crowdsourced in-store data gathering space, London-headquartered BeMyEye has acquired U.K. rival Task360. Similar to BeMyEye, the company offers an app that pays users to collect data for its corporate clients, but with a greater emphasis on time-sensitive tasks. Financial terms of the acquisition remain undisclosed, though
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NA-KD, the Swedish fashion e-commerce company that sells women’s clothes direct to consumers, has raised $45 million in Series B funding. Noteworthy, $5 million of that is secondary investment as some early shareholders, not including the founders or management team, partially cash in. Leading the round is Partech, with the participation from U.S.-based FJ Labs.
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GV (formerly known as Google Ventures) lost its one female general partner. London-based Avid Larizadeh Duggan has joined Kobalt​, a 17-year-old, New York-based music tech company that acts as a publisher and provides royalty tracking services for tracks when they are played across various digital platforms. Larizadeh Duggan, who’d led an investment in Kobalt for
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Lisbon-headquartered Unbabel, a startup that has developed what it describes as an “AI-powered, human-refined” translation platform that makes it more cost effective to conduct business globally, has raised $23 million in Series B funding. The round is led by Scale Venture Partners, with participation from Microsoft Ventures, Salesforce Ventures, Samsung Next, Notion Capital, Caixa Capital,
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Goodlord, the London ‘proptech’ startup that has built a software platform to handle transactions and the “paperwork” normally associated with renting a home, has laid off nearly 40 employees, while TechCrunch understands from sources that co-founder and CEO Richard White will soon be leaving the company. The job losses are said to be in sales
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French authorities are investigating whether Apple deliberately slows down older iPhones in order to increase sales, AFP reports. The move follows a complaint by a French consumer group, HOP, that campaigns against planned obsolescence and which filed a complaint against Apple in December. Programmed obsolescence is illegal in France under a 2015 law which prohibits
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Money transfer company TransferWise has begun a private launch of its “Borderless account” for consumers. It marks the first time the European unicorn has offered a debit card (pictured below), a move that is bound to draw further comparisons with newer fintech upstarts such as Revolut. Initially rolling out to a thousand customers, with several
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France’s president has said he plans to introduce new legislation aimed at curbing the spread of online fake news during election periods. Concern about how social media platforms are being misappropriated to channel and amplify disinformation has rocketed up the political agenda in recent years, most especially in the wake of the 2016 US presidential
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What a challenging, exhilarating year it has been for women everywhere, starting from the women’s March on Washington to former Uber engineer Susan Fowler’s eye-opening and now famous blog post to the #metoo movement that has swept the country, washing dozens of sexual predators out of their powerful roles in the process. All the while,
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Can a deep dreaming AI transform low res photos into crisply detailed high res images? Let’s Enhance is an Estonia-based startup that’s using a so called ‘hallucinating AI’ deep neural network to power a freemium photo upscaling service. On its website it claims the learning software “hallucinates missing details to make image look natural”. It
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As cryptocurrency fever grips the tech world, and blockchain technologies gradually become more viable, there is a new wave of accelerators and incubators appearing to service this growing ecosystem. Some are covering funding and services, some are about services only. It’s fair to assume, however, that some kinds of cryptocurrency will be changing hands, of
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