Month: March 2016

 iFlix, the video streaming service rivaling Netflix in Southeast Asia, has landed $45 million in fresh funding from UK broadcaster Sky. Read More

from TechCrunch

 Always be shipping: Hot on the heels of Zeeqo acquiring London-based delivery startup ParcelBright, another company helping online sellers ship their wares has picked up funding.
Bristol, U.K.-based Zenstores, which offers cloud-based shipping software targeting the ‘long tail’ of e-commerce, is disclosing that it has raised £400,000 in seed funding led by Downing Ventures. The… Read More

from TechCrunch

 500 Startups is continuing its efforts to tap on Asia’s fast-growing startup scene after the U.S.-headquartered VC firm announced a $10 million fund in Vietnam. Read More

from TechCrunch

 A day after Finnish oline bank Holvi got acquired by BBVA, here comes yet more consolidation in Europe’s fintech landscape. Today, Atom Bank — a still stealth, online-only startup, coincidentally also backed by BBVA — announced its first acquisition: Grasp, a design and development house based out of the north of England.
Terms of the deal are not being disclosed, an Atom… Read More

from TechCrunch

 Veeqo, the Wales-headquartered company that offers e-commerce inventory software, has acquired London-based parcel delivery startup ParcelBright to bolster its shipping features. Terms of the deal remain undisclosed, though I understand the acquisition includes ParcelBright’s tech and customer base. Meanwhile, founders Daniel Lipinski and Carlos Vilhena will stay involved in the form… Read More

from TechCrunch

 Ant Financial, the Alibaba affiliate that manages hugely popular payments service Alipay, is raising a new round of financing that could value the company as high as $60 billion ahead of a much-speculated public listing. Read More

from TechCrunch

 Gross? Well, that gross idea just pulled in a $4 million Series A round from AccellFoods, existing investor Collaborative Fund and a bunch of angels including Nas and Tim Ferris. The team behind the creepy crawlies as food company previously raised $1.6 million, adding up to $5.6 million in total financing thus far.
It’s the sort of weird approach that is often celebrated in startup land. Read More

from TechCrunch

 Staff Finder, the European on-demand marketplace for temporary staffing, has closed a funding round led by One Peak Partners and Goldman Sachs Private Capital. Terms of the investment isn’t being disclosed, however sources tell TechCrunch that the round is in the region of €20 million. Read More

from TechCrunch

 In any conversation I have about London’s fintech space, property crowdfunding platform Property Parter is almost certain to come up. The startup which lets you invest from as little as £50 in residential property — or the so-called the ‘buy to let’ market, as it’s called here in the U.K. — has, by all accounts, been growing at a clip. Read More

from TechCrunch

 Spanish banking giant BBVA has made another M&A play as it looks for a bigger role in the next generation of financial services: today the company has announced the acquisition of Holvi, an online-only bank for entrepreneurs and SMBs based out of Finland. (“Holvi” means “vault” in Finnish.) Terms of the deal have not been disclosed but we are trying to find out.… Read More

from TechCrunch