Workforce management solution Quinyx raises further $25M
Quinyx, the cloud-based workforce management solution, has raised a further $25 million in funding. The investment was led by the startup’s existing investors Alfvén & Didrikson, Battery Ventures, and Zobito. Founded in 2005 by Erik Fjellborg, Quinyx’s CEO, after he spent the summer working at McDonald’s, the company’s workforce management software helps businesses of all […]
Manual raises £5M to build its ‘wellbeing guide’ for men
Manual, a ‘wellbeing platform’ for men, has closed £5 million in seed funding. Backing the round is the U.K.’s Felix Capital, Germany’s Cherry Ventures, and U.S.-based Cassius Capital. The first iteration of the startup’s offering is being launched today: a new website that aims to arm men with the knowledge and tools they need “to […]
Goldman Sachs leads $8M round in cyber security skills platform Immersive Labs
Immersive Labs, a cyber security skills platform founded by James Hadley, who used to be a researcher at GCHQ, has raised $8 million in Series A funding. Leading the round is Goldman Sachs, with participation from a number of unnamed private investors. Operating in the cyber security training space, Immersive Labs helps enterprise IT and […]
Revolut hires Freetrade co-founder and former CTO as Head of Wealth & Trading Product
The London fintech industry is pretty close-knit, full of strong personalities, and at times fiercely competitive. Within this context it is quite common for employees — and sometimes even founders — to swap sides. The latest such move sees André Mohamed, previously CTO and a co-founder of Freetrade, join rival Revolut as its new Head […]
TransferWise applying for Brussels license in bid to navigate a ‘no deal’ Brexit
TransferWise, the London-headquartered international money transfer company, is applying for a new licence in Brussels, in a bid to navigate a possible “no deal” Brexit as the U.K. prepares to leave membership of the European Union on March 29 this year. One of the definite plusses of EU membership, and something that has undoubtedly benefited […]
Scape Technologies raises $8M to let machines visually understand their surroundings
Scape Technologies, a London-based computer vision startup, is de-cloaking today to announce that it has raised $8 million in seed funding and launching the first iteration of its “Visual Positioning Service,” which lets developers build apps that require location accuracy far beyond the capabilities of GPS alone. The technology will initially target augmented reality apps, […]
Pouch, the browser extension that surfaces discount codes, has been acquired by Global Savings Group
Pouch, the U.K.-based money-saving browser extension, has been acquired by German ‘publishing technology’ platform Global Savings Group. Exact financial terms of the deal remain undisclosed, although I understand it to be a cash purchase and in the 7-figure U.S. dollar range, plus performance related bonuses. The entire Pouch team are joining Global Savings Group, and […]
A further £18M funding lands on Gousto’s plate
Gousto, the U.K. cook-at-home meal kit service that competes most directly with HelloFresh, has raised a further £18 million in funding. The round is backed by Instagram “health influencer” Joe Wicks, along with existing investors Unilever Ventures, Hargreave Hale, BGF Ventures, MMC Ventures, and Angel CoFund. The new funding brings the total raised by Gousto […]
Trading app Robinhood is stealthily recruiting ahead of planned UK launch
Robinhood, the U.S.-based “zero-fee” stock trading app and cryptocurrency exchange, is stealthily recruiting for a new London office ahead of plans to eventually launch in the U.K., TechCrunch has learned. According to sources within London’s thriving fintech industry, Robinhood is hiring for multiple U.K. positions. These span recruitment, operations, marketing and PR, and customer support. […]
Challenger bank Monzo has quietly begun working on a U.S. launch
Monzo, the U.K. challenger bank with more than a million customers and a unicorn valuation to boot, has quietly began working on a U.S. launch, TechCrunch has learned. According to multiple sources, the fintech startup has set up a small team to begin laying the ground work to bring a version of Monzo to North […]
