Fintech startup Token has announced a Series A round of $15.7 million for its banking platform that helps financial services stay in line with EU regulations. The funding round comes from Stockholm’s EQT Ventures, London’s Octopus Ventures, and Helsinki’s OP Financial Group. Token is headquartered in San Francisco, with a London office, and was founded […]
Tech City UK’s annual report finds salaries and productivity in UK tech are growing but uncertainties still linger.
Startups and MEPs met at the European Parliament last week to discuss how the EU’s copyright reforms will impact European startups.
Nokia has announced an investment in French research and development centre bcom to advance the development of 5G. No figures have been disclosed. From this month Nokia Bell Labs and bcom’s network and security team will begin developing their 5G strategies for the future. According to bcom’s statement, its teams will be collaborating with the […]
Europe’s software industry brings a total value-added GDP of €910 billion to the EU’s economy, whether direct, indirect, or induced, according to a report from BSA, The Software Alliance. The report – conducted by The Economic Intelligence Unit (EIU) – lays out the case for further stimulating software development in Europe as “a catalyst for […]
Today, members of the European Parliament voted on a proposal (PDF) for rules affecting how Internet traffic is managed, following the European Commission’s release of a draft agreement for regulation back in June. And Europe’s lawmakers have decided Europe doesn’t need a truly open, free Internet. European (and American) technology companies and investors, independent observers, […]
Today sees the launch of the European Tech Alliance, which aims to represent Europe’s technology ‘scale-ups’ to influence policymaking at EU governments and institutions. Headed by Skype co-founder Niklas Zennström, now the founder and CEO of VC firm Atomico, the brand new lobbying group intends to “share their experience of building their businesses in Europe […]