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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

    Banking platform solarisBank raises $67.5 million at $360 million valuation
  • 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

    Wirecard, the disgraced German payments firm backed by SoftBank, files for insolvency over 1.3B in loans coming due
  • 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

    Here are the winners of The Europas Awards 2020  Even a pandemic cant stop these startups
  • 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

    Zopa granted full UK bank license as it gears up to launch savings account and credit card
  • 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

    TikTok joins the EUs Code of Practice on disinformation