Swedish payment provider Klarna acquires Close Brothers Retail Finance to strengthen its positions in the UK

Swedish-founded fintech scale-up Klarna has acquired Close Brothers Retail Finance (CBRF) from the UK-based merchant banking group Close Brothers. CBRF is a retail financing provider that claims to be working with more than 600 active merchants in the UK, including Samsung Electronics, Mothercare, GAME, Jessops, Ebuyer, Emma Mattress, Cotswold Outdoor, and Victorian Plumbing. CBRF’s financial […]

London-based apprenticeship startup WhiteHat raises $4 million in seed funding

London-based apprenticeship startup WhiteHat has raised $4 million in seed funding. The round was led by Silicon Valley investor Lightspeed Venture Partners, with participation from Village Global, ShopTalk and Money 20/20 founder Anil Aggarwal, and British tech entrepreneur Wendy Tan White. Nakul Mandan, partner at Lightspeed, will also be joining WhiteHat’s board.  Launched in 2016, WhiteHat provides […]

Luxembourg-founded mobile hiring app JOB TODAY raises $16 million

JOB TODAY, a mobile-focused casual job marketplace headquartered in Luxembourg, has raised $16 million from 14W in a Series B round extension. The company operates in Spain and the UK; it plans to use the majority of the cash to increase its presence on the British market, where the looming Brexit is supposedly creating a […]

UK-based interior design platform Clippings raises $15.4 million Series B

London-based startup Clippings, an interior design platform, has closed a $15.4 million Series B funding round. The investment came from New York-based Advance Venture Partners (AVP). Clippings helps designers to create, source and manage interior design projects, and create more beautiful spaces. Clippings allows designers to spend less time on administration, such as tracking shipping […]

UK-based healthtech company Medopad acquired Sherbit as part of its US expansion

Medopad, the UK-based healthtech company that develops applications to connect patients with medical professionals, has acquired a Silicon Valley startup Sherbit for an undisclosed amount. Earlier in 2018, Medopad also opened offices in New York and San Francisco. Founded in 2011 in London, Medopad builds applications that collect and structure patient data from medical databases, […]