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France demands digital services tax from Big Tech on revenue generated in 2020

TechSpot

Several countries in Europe including Italy, Poland, Turkey, Austria, the UK, and France have implemented or are looking to implement a digital services tax that will be levied upon tech giants that operate a marketplace or an advertising business that generates more than €750 million in revenue globally and €25.

France 111
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Nigerian digital bank Kuda is the latest African startup to lay off employees

TechCrunch

has joined the ranks of tech companies in Africa that are pruning their workforce. Kuda , the challenger bank based in Nigeria and the U.K., The news of the layoffs, which was first disclosed to TechCrunch by sources, was confirmed by Kuda via email, saying it laid off less than 5% of its 450-strong workforce, or about 23 people.

Digital 137
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Digital banking solutions provider Meniga closes additional €10M investment

TechCrunch

Meniga , the London fintech that provides digital banking technology to leading banks, has closed €10 million in additional funding. Its various products include a software layer that bridges the gap between a bank’s legacy tech infrastructure and a modern API, making it easier to build consumer-friendly digital banking experiences.

Digital 110
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Barcelona isn’t the new Silicon Valley – and that’s a good thing

The Next Web

The country is the 4th destination for international tech talent and Barcelona, the second largest city after Madrid, is ranked at number 5 of 60 European startup hubs in Europe by the Mobile World Congress (MWC).

Spain 162
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5 Lessons Learned from Donating to 25 Nonprofits

Nonprofit Tech for Good

This week Nonprofit Tech for Good donated $25 to 25 nonprofits in order to study how nonprofits are progressing in the design of their donation pages and in the efficacy of their online donation process. 0% accept digital payments, such as Apple Pay or Visa Checkout. Dollars, Euros, British Pounds, or Indian Rupees.

Donation 247
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Barkyn, a wellness startup for pets in Southern Europe, hits a $9.6M Series A round

TechCrunch

million) from food tech investor Five Seasons Ventures , extending its previous Series A to €8 million, and total funds raised to date to €10 million. Launched in 2017, the Portuguese startup currently serves customers in Portugal, Spain and Italy, and is aiming to be a key “pet wellness” brand for Southern Europe.

Europe 100
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Czech on-demand grocery delivery startup Rohlik bags $230M to expand across Europe

TechCrunch

Founded in 2014, Rohlik’s funding comes at an interesting and key moment in the online grocery business, in Europe and beyond. Even with some (very much not all) countries in Europe relaxing parts of their orders, grocery has remained a very-much used online category in markets where it is available.

Europe 131