Daily Archives: June 16, 2020


Monzo, the U.K. challenger bank with more than 4 million customers, has confirmed it has closed £60 million in top up funding. Backing the round are existing investors Y Combinator, General Catalyst, Accel, Stripe, Goodwater, Orange, Thrive, Passion Capital, along with new investors Reference Capital, and Vanderbilt University. One of fintech’s worst kept secrets, the […]

Monzo confirms £60M down round, with a new pre-money valuation ...


Apple is under formal investigation by antitrust regulators in European Union — following a number of complaints related to how it operates the iOS App Store and also its payment offering, Apple Pay. The Commission said today that it has concerns that conditions and restrictions applied by the tech giant may be distorting competition in […]

Apple Pay and iOS App Store under formal antitrust probe ...



Apple is under formal investigation by antitrust regulators in European Union — following a number of complaints related to how it operates the iOS App Store and also its payment offering, Apple Pay. The Commission said today that it has concerns that conditions and restrictions applied by the tech giant may be distorting competition in […]

Apple Pay and iOS App Store under formal antitrust probe ...


Over the past few months, Yelp has been takin steps to help businesses reeling from the impact of the coronavirus pandemic — things like waived fees, virtual service listings and GoFundMe fundraisers (that last one had a mixed reception). But without getting into the question of whether the United States is reopening at the right […]

Yelp adds new features for reopening businesses



Over the past few months, Yelp has been takin steps to help businesses reeling from the impact of the coronavirus pandemic — things like waived fees, virtual service listings and GoFundMe fundraisers (that last one had a mixed reception). But without getting into the question of whether the United States is reopening at the right […]

Yelp adds new features for reopening businesses


Finland-based Swappie has closed a €35.8 million ($40.6M) Series B to expand into new markets in Europe. The ecommerce business refurbishes and resells used iPhones, taking care of the entire process from testing and repairing used handsets, to selling the refurbished devices via its own marketplace, with a 12-month warranty. Local VC and private equity […]

Swappie bags $40.6M to sell more secondhand iPhones across Europe



SoftBank Group confirmed today it is considering selling its T-Mobile U.S. shares. Bloomberg reported last month that SoftBank was nearing an agreement to sell about $20 billion of its T-Mobile U.S. shares to investors, including Deutsche Telekom, T-Mobile’s controlling shareholder, in an effort to offset major losses from its investment business, including the Vision Fund. […]

SoftBank confirms it may sell some of its T-Mobile stake