TransferWise overhauls itself in the quest for the mainstream customer

After hitting its £1bn milestone and raising $25m from Sir Richard Branson and others this year, TransferWise is now moving beyond the ‘early adopter phase’ to challenge the banks for the mainstream customer. Continue reading

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French video advertising startup DynAdmic raises $3M

DynAdmic-LogoDynAdmic, a France-based video advertising startup, announced today that it has raised $3 million Series A funding from XAnge Private Equity. The fresh capital will be used to roll out in North and South America and to become market leader in Europe.

DynAdmic, which was founded in 2012, has the ability to sell tailored and highly-focused branding campaigns using an ad tech solution based on video Continue reading

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Startup Institute raises $3 million in financing, strikes partnership with Hailo

Startup Institute, an immersive career accelerator geared toward cultivating startup-savvy talent, announced a partnership with Silicon Valley Bank and an investment by SVB Financial Group of $3 million in the company to support worldwide expansion of offices and programs. Continue reading

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Rumor was true – Microsoft bought Minecraft for $2.5 billion

The rumor was indeed true – Microsoft bought Minecraft yesterday for $2.5 billion and its founder Markus Persson will not be joining Microsoft.

As it was written and speculated nearly a week ago, Microsoft is buying Mojang, the video games studio behind Minecraft. Microsoft made it official yesterday that it was paying $2.5 billion to acquire Mojang, and the deal is Continue reading

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Olaf Jacobi, Partner at Target Partners, will be speaking at this year’s EU-Startups Conference

Olaf-Jacobi-Target-PartnersWe’re proud to announce that the fourth speaker of this year’s EU-Startups Conference will be Olaf Jacobi, Partner at the Venture Capital firm Target Partners.

Before joining Target Partners in 2007, Olaf Jacobi served in various management positions in the IT sector and invested as a business angel in young IT and Internet companies. The portfolio companies of Target Partners include successful startups like adjust, tado°, Gamegenetics, FalconSocial and many more.

At the EU-Startups Conference, Olaf Continue reading

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American retail giant acquires Munich-based

Neiman Marcus Group announced today that it has signed an agreement to acquire the global online luxury business from Christoph and Susanne Botschen and Acton Capital Partners.

Based in Munich, Germany, was founded by Christoph and Susanne Botschen in 2006 as a way to expand the reach of the THERESA Continue reading

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Sweden’s Personal Finance App Tink Raises $4 Million round

Tink, the leading European personal finance app, today announced that the company closed $4 million in Series A funding led by Sunstone Capital, with participation from financial entrepreneur Sven Hagströmer and existing investors. The investment will be used by Tink to expand internationally, to further develop the product and to recruit new talent. Continue reading

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The rumor is that Microsoft is buying Minecraft

The rumor is that one of the biggest global game developers, Mojang, the video games studio behind Minecraft, is getting acquired by Microsoft.

According to The Wall Street Journal, the acquisition would potentially be worth a massive $2 billion and could already be done next week. Even though, Continue reading

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Holidu, vacation rental search site, secures a new round of funding

Holidu, one of the largest vacation rental search sites in the world, announced yesterday that it has secured a ‘high 6-figure’ financing that will now be used to spur further growth and expansion. Continue reading

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Piano Media and Press+ Merge to Create Global Content Monetization Leader

Press+, the world’s largest provider of digital subscription services and Piano Media, Europe’s leading media content monetization solutions provider, announced that they are combining forces to accelerate the global shift to digital subscriptions.

The merger was led by 3TS Capital Partners alongside AWS (Austria), Neulogy Ventures (Slovakia) and North Base Media (USA) and media publishers Continue reading

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