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based fintech that provides finance for small businesses as an alternative to a traditional bank loan or extended overdraft , has replenished its own coffers with £70 million in funding. Providing the financing are previous backers British Business Investments, Paragon Bank and BCI Europe, along with new partner Silicon Valley Bank (SVB).
“Historically, we have had two major pillars of the business — the search part of it and the content part,” Bloomreach CEO and co-Founder Raj De Datta told TechCrunch. Exponea was founded in 2016 in Slovakia and has raised over $57 million, according to Pitchbook data.
French startup Back Market — a marketplace for refurbished electronics goods — has raised a $335 million Series D funding round led by General Atlantic. but also quite formidable, all the reason why those focusing on used goods as a big business are trying to up their quality game, as Back Market is doing.
I was curious about the company’s business plan. The Slovakia-based startup previously raised a $1.6 Which enjoyed a Congressional hearing this week that was mostly dull apart from some notes on the fintech giant’s business model. Finally, it was a busy week for crowded startup niches. million Series A.
To power the expansion, which will see Lightyear land in 19 new markets, including the Baltics and much of Western Europe, London-based Lightyear has also raised $25 million in a Seres A round of funding led by U.S. Lightyear , a U.K. fintech startup that promises consumers commission-free trading on U.S. launch plans back in 2020.
Signaling its ambitions in the process automation market, Microsoft has acquired Minit , a Bratislava, Slovakia-originated process mining technology vendor, for an undisclosed sum, the companies announced today. “Minit currently enables businesses to transform the way they analyze, monitor and optimize their processes.
Facebook recently announced a test in Sri Lanka, Bolivia, Slovakia, Serbia, Guatemala, and Cambodia. It’s not personal, it’s business. All of the most successful nonprofits on Facebook use Facebook ads to boost Page posts, grow their email lists, and raise money. But no algorithm is perfect. So they test and tweak.
Prior to joining the Eagles in 2000, Julie worked in the television and business affairs department at the National Hockey League in New York. Lori’s gift is to help nonprofit organizations communicate powerfully so they raise exponentially more money. ignitedfundraising.com.
Duscha and Swobbee are just one example of a broader European startup ecosystem mobilizing to help get supplies to refugees on the ground, transport refugees, find them homes and jobs, raise funds and fight against cyber attacks and disinformation. . Check back in for updates — this list will be regularly updated. . Supplies on the ground.
While London, Paris, Berlin and Stockholm feature regularly in tech coverage, the rest of Europe has been busy. Then there was Integromat, which did not raise any external capital but sold for around 2.5 billion crowns ($114 million), making its seven Czech founders into multimillionaires. billion crowns or $59 million.
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