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German FinTech Kreditech Raises $40M at $190M Valuation

25 Jun 2014

Kreditech Raises $40M - the largest funding round ever for a German FinTechHamburg, Germany, 24 June 2014 – The big data finance company Kreditech has closed a Series B round that raised 40 million…

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Carlyle closes financial services fund at $1bn - The US firm spent three years on the road.

24 Jun 2014

Carlyle Group has raised $1bn (€734m) for its second fund focusing on investments in financial services after three years on the road.The first financial services fund closed at $1.1bn in 2008, with…

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Berlin Tech Booming

23 Jun 2014

Berlin's Silicon Allee is challenging London as the next great European tech hub.CB insight looked at Q1’14 tech exits in Europe and have dug into individual European tech ecosystems a bit.Here's…

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Barclays & TechStars unveil FinTech Startups

17 Jun 2014

Beating off competition from more than 300 rivals from around the world, 11 fintech startups have scored spots on an accelerator programme run by banking giant Barclays.The 11 startups will arrive at…

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Richard Branson backs FinTech50 company Transferwise

10 Jun 2014

Great to see this investment from Richard Branson into TransferWise, one of our FinTech50 2013 & 2014 companies. TransferWise, offers foreign exchange transfers without large bank fees,Read the…

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Internet of Things market to hit $7.1 trillion by 2020

06 Jun 2014

By Leon SpencerThe global Internet of Things IoT market is expected to grow by more than $5 trillion over the next six years, according to IT research agency, International Data Corporation (IDC).In…

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The Silicon Valley of fear - Technology titans pose a growing threat to financial giants

05 Jun 2014

Google, Apple and other Silicon Valley companies pose a growing threat to financial giants as their data collection gives them the information to effectively target customersBy James Titcomb Daily…

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Venture Capital to London Tech Companies Hits $1.2 Billion In Last Year

02 Jun 2014

London continues to be Europe's tech hub. In the last 4 quarters, the Silicon Roundabout has seen accelerating deal and funding momentum.Over the past several years, London has asserted itself as a…

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The Boom in Global Fin Tech Investment: Fin Tech Grabs $3 Billion in 2013

02 Jun 2014

Accenture's new report 'The Boom in Global Fin Tech Investment' highlights that global fin tech financing has tripled over the past five years with UK and Ireland-based companies taking the lion's…

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FCA announces Project Innovate – to help support financial services industry innovation

30 May 2014

Martin Wheatley, Chief Executive, of the UK’s financial services regulator – the Financial Conduct Authority (FCA) – delivered a speech today (Thurs, 29 May 2014) at Bloomberg, London, on the subject…

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Fundraising New York vs the Valley

19 May 2014

It's always funny how smart people look at the same data and come away with totally different conclusions. That happened with CB insights recent comparison of NY vs. Silicon Valley deal…

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Start-ups challenge big banks' technology

13 May 2014

By Matthew Wall, BBC News. The small guys are taking the challenge to the big banksBig banks beware - innovative technology challengers are coming to eat your lunch.That was the key message emerging…

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