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PlayVS, the startup building esports infrastructure at the high school level, has today announced the close of a $15 million Series A funding round. The financing was led by New Enterprise Associates, with participation from existing investor Science, as well as CrossCut Ventures, Coatue Management, Cross Culture Ventures, the San Francisco 49ers,
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Read more: PlayVS, bringing esports infrastructure to high schools, picks up $15 million
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FinCompare, the German fintech startup that offers a comparison platform for SME financing, has closed €10 million in Series A funding. The round is led by ING Ventures, the venture capital arm of dutch bank ING. The company’s previous backers Speedinvest, and UNIQA Ventures also followed on.
The comparison site currently only operates in Germany
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Read more: ING backs FinCompare, the German comparison platform for SME financing
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TransferWise might be best known for its international money transfer app, but the European fintech unicorn has always had ambitions of being a broader platform play entirely agnostic of how you access the service. This includes providing banks with access to the TransferWise API to power their own international money transfer features. However,
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Read more: TransferWise partners with France’s second largest bank BPCE Groupe
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You don’t sign up to a bank account every day. And yet, German startup N26 has managed to attract 1 million clients across Europe. They generate €1 billion in transaction volume every month ($1.17 billion).
It took N26 only nine months to grow from 500,000 to 1 million. And the company now plans to have 5 million users by 2020.
It’s an aggressive g
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Read more: N26 now has 1 million customers
Write comment (97 Comments)America’s mayors have spent the past nine months tripping over each other to curry favor with Amazon.com in its high-profile search for a second headquarters.
More quietly, however, a similar story has been playing out in startup-land. Many of the most valuable venture-backed companies are
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Read more: Scaling startups are setting up secondary hubs in these cities
Write comment (98 Comments)The Trump administration just moved to kill a key tool to support immigrant entrepreneurs, and the startup community must make our voice heard to save it.
Supported by Republicans and Democrats, the International Entrepreneur Rule (IER) operates like a startup visa and allows foreign-born
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Read more: The startup community must defend merit-based immigration
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