Liberis raises £57.5M to offer finance for small businesses paid back via customer card transactions

Liberis, the London-based fintech that provides finance for small businesses, has raised £57.5 million in new funding to help support the company’s growth. The alternative finance provider makes loans against a company’s future credit and debit card sales.

The majority of the new capital being raised by Liberis is debt, which in turn will enable

Write comment (97 Comments)
Instabridge, the Wi-Fi sharing community, scores $3M more funding for Asia expansion

Sweden’s Instabridge, the Wi-Fi sharing community and mobile app that has proved particularly popular in Brazil and Mexico, has scored $3 million in further funding — money it’s pegged for Asia expansion, starting with India.

The new round is led by Luminar Ventures (headed up by Magnus Bergman and Jacob Key), with participation from previous

Write comment (92 Comments)
Mark Zuckerberg: ‘There will always be a version of Facebook that is free&

Today during Mark Zuckerberg’s testimony before the Senate, the Facebook CEO reiterated that “there will always be a version of Facebook that is free.”

In the midst of the Cambridge Analytica scandal, in which the user data of up to 87 million people was sold by a third-party developer to Trump Campaign-linked firm Cambridge Analytica, there has

Write comment (96 Comments)
New research shows successful founders are far older than the Valley stereotype

There is a classic stereotype of the Silicon Valley entrepreneur: often a computer science nerd, almost certainly male, ambitious and, most importantly, young — very young. Founders who have been covered extensively by the media, like Bill Gates, Steve Jobs and Mark Zuckerberg, started their companies still glimpsing their teenage years, and that r

Write comment (91 Comments)
Mark Zuckerberg: &We do not sell data to advertisers&

While many of us in the tech world are familiar with Facebook’s business model, there is a common misconception among people that Facebook collects information about you and then sells that information to advertisers.

Zuckerberg wants everyone (especially the U.S. Senate) to know that’s not the case, and has laid forth the most simple example to e

Write comment (91 Comments)
Sesame Street turns to Kickstarter to fund autism book

Julia is Sesame Street’s first autistic character and her mission is to make neuroatypical kids feel more comfortable and understand that there are kids out there just like them. She’s a sweet little muppet and now she’s getting her own Kickstarter campaign.

The campaign is raising $75,000 to produce content and a free book featuring Julia and her

Write comment (94 Comments)