In today’s top news from Europe, the Middle East and Africa (EMEA), eCommerce marketplace Wish has teamed up with parcel network Collect+, food delivery service Just Eat may eliminate hundreds of jobs in France due to “difficult market dynamics” and more. EU Regulators Find New...
Sudan-based Bloom has raised $6.5 million in seed funding round, the FinTech announced in a press release Wednesday (July 20). The company’s investors include Visa, Y Combinator, Global Founders Capital and Goodwater Capital, as well as angel investors like Dropbox co-founder Arash Ferdowsi, footballers Blaise...
It’s been widely referred to as the “fundraising winter”: a major downturn as tech stocks fall and the appetite for investment wanes, leading to mounting losses and mass layoffs from tech firms that had experienced booming growth in 2021. But ultimately, lenders and investors haven’t...
In today’s FinTech news, Bloom raises money to fund digital startups, while experts weigh in on the disruption of cryptocurrencies. Plus, Klarna is eyeing short-term profits over company growth. Growth Capital Funding Startup Bloom Raises £300M Bloom Group S.A. raised £300 million (roughly $376 million)...
March 14, 2023
The world woke up on Monday (March 13) to news that British multinational banking giant HSBC is purchasing Silicon Valley Bank (SVB) UK, the U.K. arm of the failed U.S.-based lender, for a token one pound sterling. The news came after the U.K. government, the Treasury and the Bank of England (BoE) scrambled to find […]
July 20, 2022
It’s been widely referred to as the “fundraising winter”: a major downturn as tech stocks fall and the appetite for investment wanes, leading to mounting losses and mass layoffs from...
July 20, 2022
Sudan-based Bloom has raised $6.5 million in seed funding round, the FinTech announced in a press release Wednesday (July 20). The company’s investors include Visa, Y Combinator, Global Founders Capital and Goodwater Capital, as well as angel investors like Dropbox co-founder Arash Ferdowsi, footballers Blaise Matuidi and Kieran Gibbs and others. Bloom was founded by […]
