Dublin-based tax automation startup Fonoa has raised $25 million in a funding round, which the company will use to expand itself and businesses’ tax compliance.
Buy now, pay later (BNPL) platform Zilch has secured an additional $50m in an extension of its Series C round, bringing the total amount raised to $160m.
Barclays, Lloyds, NatWest, Santander, RBS, Ulster Bank, Danske Bank and Clydesdale & Yorkshire Bank are the eight banks that are...
As businesses become more global, companies planning to relocate or expand are looking for cities that are attractive both for economic reasons and for the wellbeing of their employees.
Since Feb. 24, due to the war, 4 million Ukrainian people settled in Poland overnight. Of that, 97% are women with children.
After launching as savings product two years ago the app only bank is approaching £1bn ($1.3bn) in deposits; after disclosing in March they were at 17,000 customers and over £500mn ($663mn) they have seen a significant acceleration in growth; they also reported growth in small business loan applications and mortgages. Source.
The European robo adviser has gained 10,000 customers and reported GBP260 million ($339.25 million) in assets under management; customers include Italian and UK consumers; source provides other data from the company's earnings results reporting a loss of GBP6.3 million ($8.22 million) from revenue of GBP167,628 ($218,721) for 2016; company says it is forecasting profitability by 2019; currently partnering with Allianz and another firm in Italy on two new servicing deals; also focused on launching a pension product this year. Source
It has been a long time since OnDeck and LendingClub went public in the US; the shares of both companies are down significantly since that time; now Funding Circle is planning to go public as late autumn, but what is the right valuation for the company? Financial Times reviews Funding Circle’s business and the importance of whether investors value it as a finance or software business. Source
PayPal is looking to raise the stakes against competitors like Square and Stripe in what will be their largest acquisition...
LendIt has partnered with SeedInvest to include live fundraising at this year's PitchIt @ LendIt Europe competition; through the partnership LendIt Europe delegates and SeedInvest's 185,000 users can invest in the eight startup finalists during the event; these finalists will present before an audience and panel of judges on October 10 from 11:00 am to 1:00 pm. Source