Of the many issues highlighted by the collapse of Silicon Valley Bank, one big one was the liability of having too much cash sitting in too few bank accounts. Today a London startup called TreasurySpring — which has built a platform for businesses to put some of their cash reserves to work, in investments — is announcing $29 million in funding to expand its products on the back of a surge of…

Generative AI is the tech industry’s buzzword of the moment. It’s no wonder — the VC firm Sequoia not long ago predicted that generative AI, which comprises AI that can generate text, art and more from prompts, could yield trillions of dollars in economic value over the long run. Is that simply the optimistic musing of a firm heavily invested in the space? Perhaps. On the other hand, generative…

Despite an ‘unprecedented correction’, Atomico’s newest partner wants to help European founders thrive

It has been a busy few months for Atomico, the European venture capital (VC) juggernaut founded by Skype co-creator Niklas Zennström some 16 years ago. After promoting three investors to partner back in April, it then brought in former Revolut and Uber executive Don Hoang as partner a month later. To cap off this frenzy, Atomico today announced that former Balderton Principal Laura Connell has…

Goldman Sachs partner Rana Yared moves to Balderton Capital 2020

Rana Yared resigned as Goldman Sachs partner this week, affecting the company's ambitions to attract more women to the top ranks.

Yared becomes general partner of Balderton Capital, a London-based venture capital firm that raised $ 400 million in early-stage investments in November.

Balderton was an early investor in Revolut, one of the most successful digital banks.

Revolut wasn't in talks…

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Raisin’s cofounders.

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Raisin

Defence On the web spoke with some of the most distinguished voices in venture money to decide out the most exciting businesses in the European money technological know-how market this yr. The industry experts also highlighted what to glimpse out for heading forward.

Big fintech names to day have mainly been challenger or neo-financial institutions which provide payment solutions, significantly linked to overseas exchange and lower-rate transfers. But there have been some key new trends in the market place, these as open up banking, the rise of compliance, and a big transfer in direction of insurance coverage technology.

We requested enterprise capitalists who their hot picks are for 2019.

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