Koyo, a fintech startup using open banking to offer loans to people with poor credit histories, has closed a Series A funding round of $50m in debt and equity led by Force Over Mass, with participation from existing investors Forward Partners, Frontline Ventures and Seedcamp. New investors in Koyo include Force Over Mass, Matt Robinson […]
UK offers cash for CSAM detection tech targeted at E2E encryption
The U.K. government is preparing to spend over half a million dollars to encourage the development of detection technologies for child sexual exploitation material (CSAM) that can be bolted on to end-to-end encrypted messaging platforms to scan for the illegal material, as part of its ongoing policy push around internet and child safety. In a […]
US-led meeting to set out framework for Taliban cooperation
Talks involving up to 20 nations come as militants ignore calls to form inclusive government in AfghanistanThe US is convening an expanded group of western nations to set a framework for cooperation with the new Taliban government, amid fears that isol…
UK’s Marshmallow raises $85M on a $1.25B valuation for its more inclusive, big-data take on car insurance
Marshmallow — a U.K.-based car insurance provider that has made a name for itself in the market by providing a new approach to car insurance aimed at using a wider set of data points and clever algorithms to net a more diverse set of customers and provide more competitive rates — is announcing a milestone […]
Jewellery worth €10m stolen in heist at Bulgari store in Paris
Two armed robbers are in custody after a police chase, with a hunt under way for remaining suspectsA group of thieves have struck the Bulgari store on the Place Vendôme in Paris, making off with about €10m (£8.6m) in jewellery. They then led police on …
Locals share why Vilnius, Lithuania is becoming an international startup hub
There are plenty of reasons why Vilnius, Lithuania’s capital city, has an increasingly visible startup sector.
Spanish woman raised by wrong family seeks damages for baby swap mistake
Now 19 years old, the woman was accidentally switched with another baby in a hospital in La RiojaA woman is seeking €3m in damages from a regional health department in northern Spain after it emerged that she and another baby were accidentally handed t…
Tory MPs urge Priti Patel to return migrants who attempt to enter UK illegally
Suggestion to home secretary condemned as breach of UN convention on human rightsConservative MPs have urged the home secretary, Priti Patel, to send back immediately anyone including children who boards an illegal crossing of the Channel from France.T…
Merkel urges Germans to back her party’s choice of successor
Outgoing chancellor implores public to pick Armin Laschet over his surging centre-left rivalAngela Merkel has used what is likely to be her last speech in the German parliament to make her most impassioned intervention in the electoral race so far, urg…
Seqera Labs grabs $5.5M to help sequence Covid-19 variants and other complex data problems
Bringing order and understanding to unstructured information located across disparate silos has been one of more significant breakthroughs of the big data era, and today a European startup that has built a platform to help with this challenge specifically in the area of life sciences — and has, notably, been used by labs to sequence […]