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Banking platform solarisBank raises $67.5 million at $360 million valuation
Despite the Wirecard fallout, German fintech startup solarisBank has raised a Series C funding round of $67.5 million (60 million). Following today’s funding round, solarisBank is now valued at $360 million (320 million). solarisBank doesn\'t have any consumer product directly. Instead, it offers financial services to other fintech companies through More
Wirecard, the disgraced German payments firm backed by SoftBank, files
The house of cards has well and truly collapsed for Wirecard, the German payments company that has been accused of accounting fraud. Today it announced that its German operation Wirecard AG was applying for insolvency proceedings in a Munich court, the Amtsgericht München, due to “impending insolvency and over-indebtedness.” It also issued a More
Here are the winners of The Europas Awards 2020 –
Last year The Europas Awards for European Tech Startups was held at a sunny garden party next to a historic museum in London. Last night, because of the global Coronavirus pandemic, it was held over Zoom. But the enthusiasm and success of Europe’s tech startup industry still shone through the More
Privacy not a blocker for ‘meaningful’ research access to platform
European lawmakers are eyeing binding transparency requirements for Internet platforms in a Digital Services Act (DSA) due to be drafted by the end of the year. But the question of how to create governance structures that provide regulators and researchers with meaningful access to data so platforms can be held More
Zopa granted full UK bank license as it gears up
Zopa, the 15-year-old peer-to-peer lending company, is announcing that it has been awarded its full U.K. bank licence, as it gears up to launch a fixed-term savings account, followed by a credit card.Dubbed “Zopa Bank,” the new challenger bank will sit alongside its existing peer-to-peer lending business, under Zopa Group, More
TikTok joins the EU’s Code of Practice on disinformation
TikTok is the latest platform to sign up the European Union’s Code of Practice on disinformation, agreeing to a set of voluntary steps aimed at combating the spread of damaging fakes and falsehoods online.The short video sharing platform, which is developed by Beijing based ByteDance and topped 2BN More