These were the 10 biggest European tech stories this week

These were the 10 biggest European tech stories this week


Happy Friday!

This week, tracked 11 technology M&A transactions and 65 tech funding deals totalling €416 million in Europe, Turkey and Israel.

Like every week, we listed every single one of them in our free weekly newsletter, along with interesting news regarding fledgling European startups, tech investors old and new, a number of good reads published elsewhere, government and policy news, as well as an overview of interesting lists, facts and figures from a wide variety of sources.

You can subscribe to our newsletter below to receive all this information in your inbox every Friday afternoon for free, but here’s an overview of the 10 biggest European tech news items for this week:

1) UK-based fintech startup Atom Bank, an app-based bank, has raised £83 million. The investment came from the Spanish bank BBVA, Toscafund, and Neil Woodford.

2) French sharing economy startup GuestToGuest, a platform that facilitates home exchanges for travellers, has just acquired the American startup HomeExchange, after raising €33 million.

3) Turkey's Competition Board said on Monday it had opened an investigation to determine whether Google had violated the country's competition law.

4) Payments platform CurrencyCloud (London) has raised £20 million in Series D funding from GV (the former Google Ventures) with participation from Notion Capital, Sapphire Ventures, Rakuten FinTech Fund, and Anthemis.

5) Starting this week, the testing of self-driving cars is allowed on the streets and roads of Estonia.

6) A UK tribunal is expected to rule on whether Deliveroo riders are employees, in a case that will have ramifications for gig-economy firms.

7) French company GeoPost, a subsidiary of postal company La Poste that specializes in parcels, has announced its acquisition of Paris-based Stuart, a local courier platform.

8) Group, a LSE-listed Russian Internet group, has launched a ride sharing service in Russia and neighbouring Russian-speaking countries. Dubbed ‘Beepcar,’ the service is available in Russian and English languages.

9) A major financial lobby urged the European Union on Tuesday to build a single regulatory framework for startups that would let them expand across the bloc, putting them within reach of tens of millions of potential new customers.

10) Denmark-founded Tradeshift is acquiring IBX Business Network, a division of French IT consultancy Capgemini.

Bonus link: Here are the 50 most inspiring women in European tech.

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