2024-01-24
The Berlin-based startup says it is targeting a gap in the market by building easy-to-use tools for graphic designers The next Figma? Kittl raises $36m to take on Adobe https://sifted.eu/...
TechCrunch
Berlin-based Kittl, which is developing a browser-based graphic design tool, raised a $36M Series B led by IVP, just a year after raising an $11.6M Series A
Romain Dillet / TechCrunch :
2022-05-27
A mere 15% of general partners at European #venturecapital firms are women. Plus, women have access to less assets under management and get short-changed on investment spoils. 👎 @amyrlewin shares the latest data on gender balance at Europe's VC firms. https://sifted.eu/... https://twitter.com/...
Sifted
Report: only 15% of GPs at European VC firms are women, managing just 9% of total assets; in the UK, 13% of GPs are women, managing 5% of total assets
Across Europe as a whole, 85% of VC GPs are men. — In worse than the average in the UK, where 87% of GPs are men.
2022-05-24
Swedish buy now, pay later giant @Klarna is laying off around 10% of its workforce around the world, CEO @klarnaseb announced today. These layoffs come amid last week's news that Klarna could see its valuation brought down by a third. https://sifted.eu/...
Sifted
Klarna tells employees it plans to lay off 10% of its workforce, after reports of raising money at a reduced $30B valuation; LinkedIn shows it has 6,500+ staff
Swedish buy now, pay later giant @Klarna is laying off around 10% of its workforce around the world, CEO @klarnaseb announced today. These layoffs come amid last week's news that Klarna could see its valuation brought down by a third. https://sifted.eu/...
The Verge
Delivery startup Gorillas lays off half its “global office workforce”, around 300 people, and will reassess its operations in Italy, Spain, Denmark, and Belgium
An unsustainable business or just a side effect of the tech downturn? — Grocery app Gorillas … Source: gorillas.io .
2021-07-31
NEW: @Monzo saw similar losses to last year, but insisted it would be profitable by 2022 🤔 Its revenues grew 18% to £66m, according to the company's annual report for 2020-21: https://sifted.eu/...
Financial Times
Digital bank Monzo reveals a loss of £130M on £66M revenue for the year ended Feb. and says UK FCA is investigating it over potential money laundering breaches
Digital lender suffers second ‘going concern’ warning from auditors — The Financial Conduct Authority … Source: Monzo and Monzo .
2021-06-09
💥 Europe's largest digital wealth manager @ScalableCapital has scooped a $180m Series E — and becomes Germany's sixth fintech unicorn. The round is led by China's @TencentGlobal, which has also backed @n26, @applydia and @TrueLayer: https://sifted.eu/...
Sifted
Scalable Capital, a Germany-based neo-broker and wealth management service, raises $180M Series E led by Tencent at a $1.4B valuation
The round is led by Tencent, continuing a trend of Chinese funds investing in European fintech. — Scalable Capital fundraise gives Germany its sixth fintech unicorn
2021-04-20
💥 Bucharest-based fintech @fintech_os secures a €51m Series B to rapidly expand its operations and take its low-code approach to global banks and insurers. https://sifted.eu/...
Sifted
Bucharest-based FintechOS, which helps digitize legacy banks and insurers, raises €51M Series B led by Draper Esprit
Kit Gillet / Sifted :