Meniga, an Iceland-founded company that offers digital and marketing products for banks, has acquired Stockholm-based rewards platform Wrapp. The two companies have been offering a similar product, that is transaction-driven rewards, in Iceland (Meniga) and Sweden and Finland (Wrapp) but will now merge the offering under the Meniga brand. The amount Meniga has paid for Wrapp […]
German fintech startup N26 has raised a Series D funding round of $300 million led by Insight Venture Partners, with participation from Singapore’s sovereign wealth fund GIC and existing investors, including Earlybird VC. This round brings the total amount of funding attracted by the company to over $500 million. N26 plans to use the funding […]
Remember we promised something special for the 100th episode of the podcast? Well, this is it — we’ve managed to gather almost everyone from the founding team of Tech.eu!
Chronomics, a London-based startup that’s just launched what it claims to be “the world’s first consumer epigenetic testing kit” has raised £1.12 million from Anthemis, SOSV, and angel investors. Chronomics’ saliva test is supposed to bring a personalised and proactive approach to health management. According to the startup, it profiles a number of indicators to […]
Tel Aviv-based drone technology startup Flytrex has raised $7.5 million in a funding round led by Benhamou Global Ventures (BGV), with additional investment from btov. This round brings the total amount raised by the company to $11 million. Flytrex is planning to use the fresh capital to improve its existing drone delivery operations in Iceland […]
US-based IT services company DXC Technology has reached a definitive agreement to acquire Luxoft, a custom software development company founded in Russia and currently headquartered in Switzerland, for $2 billion in an all-cash deal. “Luxoft and DXC are highly complementary, and our shared vision of digital transformation makes this strategic combination a great fit for both […]
Chinese e-commerce giant Alibaba Group has reportedly acquired Berlin-based data Artisans. According to Deutsche Startups, the price of the deal was set at €90 million. The German company did not comment on the exit. Founded in 2014 by the creators of the open-source stream processing framework Apache Flink, data Artisans uses it to deploy large-scale […]