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European tech weekly recap: Over €2.4B invested in the tech ecosystem in the last week of October
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VC Fund
Lakestar calls time on generalist venture funds
A prominent European VC firm, which has backed Revolut and Spotify, says it will not raise any…
John Reynolds
23 October 2025
Fintech
“Imperative” UK fintech supported in budget, says fintech boss, amid ranking fall
The CEO of UK fintech industry trade body…
John Reynolds
22 October 2025
Fintech
Revolut pledges £3BN UK investment
Revolut today pledged a £3bn investment in the UK and the creation of 1,000 UK jobs, as it opened its new global HQ in London.Europe’s most…
John Reynolds
23 September 2025
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Nvidia to invest £2BN in UK AI startups
Nvidia is to invest £2bn in the UK AI startup ecosystem. Nvidia said: “The new capital will be used to foster economic growth, develop more…
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19 September 2025
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Fintech
US a "priority" for Revolut Business, says its GM
“Nik comes in waves", depending on how passionate he is about a project, says one of Nik’s key…
John Reynolds
16 September 2025
Fintech
Monzo mirrors Revolut and Klarna with plan to launch mobile service
Monzo is planning to launch a mobile phone offering, mirroring similar moves by challenger…
John Reynolds
18 August 2025
Fintech
Revolut in talks to raise $1BN, at $65BN valuation
Revolut is in talks to raise around $1bn, valuing Europe's most valuable startup at $65bn,…
John Reynolds
10 July 2025
Fintech
Zopa challenges HSBC and Revolut with current account launch
UK online digital bank Zopa Bank has confirmed the launch of its current account product,…
John Reynolds
24 June 2025
Fintech
Klarna echoes Revolut and N26 with mobile move
Klarna is moving into the mobile phone market, mirroring similar moves by Revolut and the…
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18 June 2025
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Fintech
Monzo reveals one-third of customers use it as a primary bank, as profits and revenues swell
Monzo today (Monday) revealed that a third of…
John Reynolds
02 June 2025
Fintech
Revolut picks Paris as Western Europe HQ, applies for French banking licence
Revolut says it will invest over €1 billion in France, where it will apply for a banking…
John Reynolds
19 May 2025
Crypto
Revolut’s revenues surge to over £3BN on subscription and crypto bounce
Revolut saw its revenue jump 72 per cent to £3.1bn in 2024, fuelled by a bounce in its…
John Reynolds
24 April 2025
Fintech
Revolut slapped with €3.5M fine by Lithuania's central bank over money laundering prevention failings
Revolut has been hit with a €3.5m fine by…
John Reynolds
08 April 2025
Fintech
ClearBank swings into loss amid European expansion costs
ClearBank, the UK fintech which provides clearing services and banking infrastructure to…
John Reynolds
07 April 2025
Fintech
Revolut UK CEO stresses Revolut's ambition to shift from “disruptor” to primary bank
The UK CEO of Revolut today underscored the…
John Reynolds
10 March 2025
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