25 February 2018
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Latest start ups news

Boerse Stuttgart digital ventures unit makes first acquisition

Boerse Stuttgart digital ventures unit makes first acquisition

01 December 2017  |  6104 views  |  0 comments | 1 tweets | 4 linkedin

Boerse Stuttgart has snapped up 100% of local data analytics startup Sowa Labs, marking its first fintech acquisition since the establishment a new digital ventures unit in September.

How startups should approach working with large banks

How startups should approach working with large banks

01 December 2017  |  12484 views  |  1 comments | 13 tweets | 17 linkedin

How can a technology startup of 30 people, service its small group of clients with a combined workforce of over one million employees, $1 trillion in market cap and decades of legacy systems? By adopting a 'Thin Wedge' approach to innovation, says Guy Halford-Thompson, co-founder and director of enterprise blockchain company BTL Group

RBS and Allianz join C$45m funding round for quantum computing startup 1QBit

RBS and Allianz join C$45m funding round for quantum computing startup 1QBit

30 November 2017  |  4824 views  |  0 comments | 4 tweets | 5 linkedin

A host of financial services firms, including the Royal Bank of Scotland, have joined a C$45 million Series B funding round for Vancouver-based quantum computing startup 1QBit Information Technologies.

Nordea sets up fintech fund; invests in Betalo

Nordea sets up fintech fund; invests in Betalo

30 November 2017  |  8918 views  |  0 comments | 12 tweets | 8 linkedin

Nordea has become the latest bank to set up a venture fund to invest in fintech startups and gain a headstart in the race towards digitalisation.

Societe Generale to cut 900 staff, close 300 branches

Societe Generale to cut 900 staff, close 300 branches

28 November 2017  |  6445 views  |  0 comments | 2 tweets | 6 linkedin

French bank SocGen is taking the axe to its business once again, announcing plans for a further 900 job reductions and the closure of 15% of its branch network.

BofE stress tests: Banks coud be underestimating the risks from fintech

BofE stress tests: Banks coud be underestimating the risks from fintech

28 November 2017  |  9576 views  |  0 comments | 18 tweets | 27 linkedin

Britain's banks may be overestimating their ability to limit the impact of fintech and open banking on future profit margins says the Bank of England.

Savings app Chip sets sights on banking licence

Savings app Chip sets sights on banking licence

27 November 2017  |  6489 views  |  1 comments | 5 tweets | 7 linkedin

Chip, an AI-powered automatic savings app, is looking to raise £2.4 million in a crowdfunding campaign to finance a banking licence application and become the "Brewdog of banking".

Sberbank takes 25% stake in facial recognition startup

Sberbank takes 25% stake in facial recognition startup

27 November 2017  |  6737 views  |  0 comments | 2 tweets | 6 linkedin

Russia's Sberbank has acquired a 25% stake in facial recognition startup VisionLabs as part of a wider effort to build an all-encompassing biometric identification platform.

Canadian banks rally round Montreal AI lab

Canadian banks rally round Montreal AI lab

22 November 2017  |  5576 views  |  0 comments | 7 tweets | 10 linkedin

BMO Financial group is to inject $2 million into a new AI lab in Montreal that will aim to help startups make the transition from science projects to high-growth companies.

Robeco launches fintech investment fund

Robeco launches fintech investment fund

21 November 2017  |  6212 views  |  0 comments | 9 tweets | 6 linkedin

Robeco has launched a Global Fintech Equities fund to give wholesale and retail investors exposure to companies that are transforming the financial sector.

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