Tag: Europe

Cleo, the ‘digital assistant’ that replaces your banking apps, picks up $10M Series A led by Balderton

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

Facebook and Airbnb told to change their ToS to fix EU consumer rights issues by year’s end

Facebook and Airbnb have been singled out for censure by the European Commission’s head of consumer affairs who has warned the companies she’s running out of patience and said they need to make additional changes to their terms of service before the end of the year to bring them into

Equifax slapped with UK’s maximum penalty over 2017 data breach

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

EU antitrust regulator eyeing Amazon’s use of merchant data

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

Adblock Plus maker has a new taskforce to fight publisher efforts to reinject ads

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

Waitrose switches up a gear to launch two-hour grocery deliveries in London

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

Twitter’s former Head of People EMEA joins VC firm Atomico as Partner

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

Tandem CEO will tell you why building a bank is hard at Disrupt Berlin

Challenger banks, neobanks or digital-only banks… Whatever we choose to call them, Europe — and the U.K. in particular — has more than its fair share of bank upstarts battling it out for a slice of the growing fintech pie. One of those is Tandem, co-founded by financial technology veteran