Revolut is applying for a European banking license to become a true bank

 It’s hard to believe that fintech startup Revolut still doesn’t have a proper banking license. Many users will tell you that Revolut’s electronic wallets already feel like traditional bank accounts with an IBAN and a payment card. But the startup is finally applying for a proper banking license in Lithuania. This process is going to take a few months — the startup… Read More

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UK bulk spying challenge in European Court of Human Rights

 Legal representatives of the UK government faced a raft of questions today from judges sitting in the European Court of Human Rights hearing a challenge to intelligence agencies’ bulk collection practices brought by a coalition of civil and human rights campaigners. Read More

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Airbnb management service Hostmaker scores $15M Series B funding

 Airbnb continues to be an ecosystem in its own right, with a number of startups building a business by making the lives of hosts easier and potentially more lucrative. One such company is London-based Hostmaker, an upmarket Airbnb management service, which today is announcing $15 million in Series B funding.
The round is led by Sansiri, one of Thailand’s largest premium real estate… Read More

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Neos launches IoT-powered home insurance UK-wide

 What do you get if you combine the Internet of Things with the business of home insurance? U.K. startup Neos is hoping the answer is damage and/or theft prevention rather than just after-the-unfortunate-fact payouts. Read More

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Challenger bank Monzo raises another £71M from Goodwater Capital, Stripe and Michael Moritz

 Monzo, one of a number of “challenger” banks in the U.K. aiming to re-invent the current account, continues to be on a roll, both in terms of user numbers and now a significant new funding round. Read More

View More Challenger bank Monzo raises another £71M from Goodwater Capital, Stripe and Michael Moritz

Photoslurp bags $870k for its ‘shop the look’ UGC marketing platform

 Bootstrapping Barcelona-based visual commerce startup Photoslurp has taken its first external funding: Announcing €750,000 (~$870k) in pre-Series A financing, led by Spanish VC Inveready Technology Investment Group, with participation from Bankinter VC, Caixa Capital Risc and ICF. Read More

View More Photoslurp bags $870k for its ‘shop the look’ UGC marketing platform

The CEO of Cambridge Analytica plans a book on its methods, and the US election

 Alexander Nix, the CEO of Cambridge Analytica (CA) plans to publish a book on his firm’s approach to online campaigning, and it’s role in the US election. In an exclusive interview with TechCrunch he says the book will “talk about our methodology and our approach to communications” in technical terms, and go into how the firm is using psychographics in its campaigns… Read More

View More The CEO of Cambridge Analytica plans a book on its methods, and the US election

Cambridge Analytica CEO talks to TechCrunch about Trump, Hilary and the future

 Mike Butcher (MB): You think that digital advertising agencies have ‘got it coming’, such as the WPPs of this world. What do you mean by that? Alexander Nix (Nix): Actually probably not digital advertising agencies because they’re more progressive. I’m really looking it at the old school traditional creative-led agencies. [For example] within WPP obviously… Read More

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ChartMogul grabs $2.2 million to build the financial dashboard of your subscription business

 What do you do when you want to create a software-as-a-service startup but it feels like everything has been built already? You build a product that helps existing SaaS startups. That’s what ChartMogul is currently doing with its subscription analytics platform.
The company just raised $2.2 million from Alven Capital, with existing investors Point Nine Capital and angel investors also… Read More

View More ChartMogul grabs $2.2 million to build the financial dashboard of your subscription business

Meet TechCrunch’s Mike Butcher at Web Summit on Tuesday

 Two Minute Techcrunch!
Since it’s impossible, as a journalist, to crawl around all the stands at Web Summit, I thought it would be easier to sit in one place and meet people there!
Thus, you will get the chance to meet me (Mike Butcher) and pitch me your company for 2 MINUTES at Web Summit on Tuesday.
Details of where and when will be sent by email. Right now, it will probably be… Read More

View More Meet TechCrunch’s Mike Butcher at Web Summit on Tuesday