article thumbnail

Revolut lets customers switch to Revolut Bank in 10 additional countries

TechCrunch

Fintech startup Revolut has its own banking license in the European Union since late 2018. The Bank of Lithuania has granted a specialized license — it isn’t a full-fledged license per se, as it focuses on some activities. Right now, Revolut takes advantage of its banking license in two countries — Poland and Lithuania.

Lithuania 103
article thumbnail

Our 7 favorite startups from the Wayra London 2013 demo day

The Next Web

On the monetization front, the company plans to sell the viewing data that it obtains, but also says that licensing its recommendation algorithm could be a good earner. As well as licensing the software to others, the company is also entering market via private healthcare for employees.

Journal 147
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Insurify, a ‘virtual insurance agent,’ raises $100M Series B

TechCrunch

Last year, when SkyScanner had to lay off staff, Insurify scooped up much of its engineering team and established an office in Sofia, Bulgaria. Notably, Insurify is also a fully licensed agent that takes over the fulfillment and servicing of the policies. Image Credits: Insurify.

Virtual 77
article thumbnail

Elon Musk’s Twitter (now X): Everything you need to know, from layoffs to verification

TechCrunch

Our data licensing and API with X is an incredible business. It added that, unlike its competitors TikTok and Instagram, Twitter hasn’t struck a music licensing deal for the use of copyrighted music. The operational run rate right now… we’re pretty close to break even.” “Our Our new subscription business [is] growing,” Yaccarino said.

Twitter 86
article thumbnail

Daily Crunch: ‘Network issue’ causes cloud outage that takes down multiple Microsoft services for 4+ hours

TechCrunch

Plugged in : BMW i Ventures gets a renewed charge from one of its newest investments, infusing $13 million into Bulgaria-based Ampeco, a company providing an electric vehicle charging management platform, Mike reports. Scooters heading to Madrid : Madrid selects Dott, Lime and Tier for scooter licenses , Romain reports.

Causes 89
article thumbnail

HBO Max is coming to parts of Europe on October 26th

The Verge

Sweden, Denmark, Norway, Finland, Spain, and Andorra are the first six countries it’ll be available in, before it expands to the following 14 territories next year: Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Moldova, Montenegro, North Macedonia, Poland, Portugal, Romania, Serbia, Slovakia, and Slovenia.

Europe 68
article thumbnail

Remembering the startups we lost in 2022

TechCrunch

More widely compatible technologies like Zigbee, Z-Wave and Matter are licensable and widely adopted, giving Insteon little in the way of leverage. But while a sale was expected in March, the plans ultimately fell through. Insteon’s proprietary protocol likely didn’t do it any favors. Image Credits: Kite.

Images 144