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ParkBee closes €5M funding to open up private car parks to public bookings

ParkBee closes €5M funding to open up private car parks to public bookings ParkBee, a Netherlands-founded startup that lets private car parks monetize underutilized spaces by making them bookable to the public, has picked up €5 million in new funding The round is led by German-based Statkraft Ventures, with participation from existing investors. Statkraft Ventures is backed by the Statkraft Group, which claims to be Europe’s largest generator of renewable energy. Originally launched in Amsterdam in early 2016 where it now has over 60 parking locations, ParkBee says the new…

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Raisin, the European savings deposit marketplace backed by PayPal, gets dedicated UK launch

Raisin, the European savings deposit marketplace backed by PayPal, gets dedicated UK launch Raisin, the Paypal-backed savings deposit marketplace that lets you shop for a better interest rate across Europe, has launched a dedicated U.K. site, meaning that savers can now access deposit accounts in Sterling. The first partner bank on the British version of the platform is BACB, which is offering a range of fixed term savings accounts, from 1 to 3 years, with what appears to be pretty competitive interest rates. Originally founded in 2013, Raisin set out…

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Anyfin bags €4.8M Series A to let you refinance your existing loans by taking a photo

Anyfin bags €4.8M Series A to let you refinance your existing loans by taking a photo Anyfin, a startup based in Sweden that easily enables you to refinance your existing loans, including by taking a photo, has picked up €4.8 million in Series A investment. The round is co-led by Accel, and Northzone, with participation from Rocket Internet’s Global Founders Capital, and a number of unnamed angel investors from the consumer finance and fintech space. Launched in November 2017, and currently only available in its home country despite harbouring wider…

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StatusToday scores nearly $4M to grow its AI-powered ’employee insights’ service

StatusToday scores nearly M to grow its AI-powered ’employee insights’ service StatusToday, a London startup that is building out AI tech that it claims can help companies better understand their employees and in turn improve productivity, is disclosing $3.91 million in seed investment. The round is led by LocalGlobe, with participation from Notion Capital and Firstminute capital. Founded in 2015 after graduating from company builder Entrepreneur First, StatusToday originally set out to use AI for cyber security, specifically by analysing a company’s internal online comms and other network activity to…

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Tandem launches a credit card that offers cashback and no fees when spending abroad

Tandem launches a credit card that offers cashback and no fees when spending abroad Tandem, the U.K. challenger bank that recently acquired the banking arm of the famous Harrods department store partly in order to get its banking license back on track, has launched its first banking product: a credit card that offers cashback on every purchase and no exchange fees when spending abroad. The new card is designed to work with Tandem’s Personal Finance Manager (PFM) app, which you plug into your existing bank accounts and credit cards to…

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Homie raises $4M to help London’s ‘Generation Rent’ find their next property

Homie raises M to help London’s ‘Generation Rent’ find their next property So bad is London’s housing crisis, which sees house prices make homeownership a pipe dream for many, a 2015 report by PWC reckons that by 2025 more than half of under 40 year olds will be living into rental properties. The answer, of course, is to build more affordable and/or social housing, but that hot political potato is continually kicked to into the long grass and, even at its most optimistic, will take a generation to fix. In…

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Online estate agency Home Made raises £850K seed at £4.3M post-money valuation

Online estate agency Home Made raises £850K seed at £4.3M post-money valuation You’d be forgiven for thinking that the online estate agency market was a done deal in the U.K., evidenced by a plethora of proptech startups and more established companies that help you sell your home or help you list and manage it for rent. But apparently not, if one London startup and its new backers are to be believed. Home Made, which is focused exclusively on London lettings for properties in the £500,000-plus range, has raised £850,000 in…

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CommonSense Robotics raises $20M for robotics tech for online grocery fulfilment

CommonSense Robotics raises M for robotics tech for online grocery fulfilment CommonSense Robotics, an Israel-based startup developing AI and robotics tech to help online grocery retailers speed up fulfilment and delivery, has raised $20 million in Series A funding. The round was led by Playground Global, with participation from previous investors Aleph VC and Eric Scs Innovation Endeavors. It brings the company’s total funding to $26 million. ‘The funds will be used to scale up CommonSense Robotics’ facility deployment rate, develop their next generation of robotics and AI, and expand…

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Monzo given go-ahead to ‘passport’ banking licence to Republic of Ireland

Monzo given go-ahead to ‘passport’ banking licence to Republic of Ireland Monzo, one of a number of “challenger” banks in the U.K. aiming to re-invent the current account, has announced the first step in its plans for international expansion with news that is has regulatory approval to operate in the Republic of Ireland. The moves takes advantage of so-called ‘passporting’, a European-wide arrangement that sees similar regulation mirrored across the European Economic Area’s 27 member states, helping to create something akin to a single market for financial services. It echoes…

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Starling’s marketplace banking rollout adds pensions, savings, travel insurance and mortgages

Starling’s marketplace banking rollout adds pensions, savings, travel insurance and mortgages Starling, the U.K. challenger bank that offers a mobile-only current account, continues to execute on its marketplace banking strategy. Following the required regulatory approval, the Starling Marketplace is adding a number of financial services integrations, spanning pensions, savings, travel insurance and mortgage brokerage. Specifically, Starling is partnering with PensionBee, Wealthsimple, Kasko, and Habito, respectively. It says it’s targeting 25 partnerships in total in 2018. The challenger bank has already added Flux to its in-app marketplace to offer item-level receipts…

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