AOFM approves investment into Prospa warehouse trust

AOFM approves investment into Prospa warehouse trust The Australian Office of Financial Management has approved a maximum investment of $90 million into a Prospa Group Limited (ASX: PGL) warehouse trust through the Structured Finance Support Fund. The $90 million is the maximum investment amount approved by the Delegate under the Structured Finance Support (Coronavirus Economic Response Package) … Continue reading AOFM approves investment into Prospa warehouse trust Continue Reading →

Why now may be the right time to invest in commercial real estate

Why now may be the right time to invest in commercial real estate Australia is easing its way tentatively out of the Covid-19 lockdown and starting to look ahead to the future. Since our Prime Minister Scott Morrison activated an emergency response plan on 27 February, the pandemic has impacted almost every part of our … Continue reading Why now may be the right time to invest in commercial real estate Continue Reading →

IDnow in immunity passport talks with the UK government

The German company’s technology, already used to verify fintech customers, could be used to identify those who have recovered from Covid-19. Immunity passports could be on their way to the UK, as IDnow, the Germany identity verification company, revealed it was in talks with the British government about creating a system to identify people who … Continue reading IDnow in immunity passport talks with the UK government Continue Reading →

Is this the new face of Generation Z banking?

Forget fancy apps and metal cards. A new breed of “messenger banks” are breaking onto the scene. We’ve seen challenger banks for teens; we’ve seen pocket money apps for tweens; and now, Europe’s youngsters are getting a “messenger bank” — an encrypted chatbot that manages users’ finances and sends money via Facebook, WhatsApp, Telegram and Viber. The fintech … Continue reading Is this the new face of Generation Z banking? Continue Reading →

Tech Nation launches its first programme for sustainability scaleups

The Net Zero programme plans to boost UK sustainability scaleups — and help the country reach its net zero carbon emissions goal by 2050. Today, Tech Nation launches applications for its first programme for sustainable tech companies, Net Zero — and it couldn’t have come at a better time. Lockdown in the UK has shown that it … Continue reading Tech Nation launches its first programme for sustainability scaleups Continue Reading →

Could Meero’s founder be the next Emmanuel Macron?

Since the coronavirus hit, Meero’s Thomas Rebaud has thought a lot about employees, doing deals — and politics. Profile of a flamboyant French founder. First entrepreneurship, then a career in politics? “Why not,” says Thomas Rebaud. At 32 years old, he’s the flamboyant founder of French unicorn Meero, a platform for businesses to have professional … Continue reading Could Meero’s founder be the next Emmanuel Macron? Continue Reading →

Ontruck raises €17m in Spain’s biggest round of 2020

Digital freight platform OnTruck has big plans to develop its carbon-saving logistics tech. Madrid-founded startup Ontruck has raised €17m in a round led by the Oil and Gas Climate Initiative to expand and improve its efficiency-saving logistics technology. Ontruck’s platform allows clients to manage freight deliveries by matching loads to vehicles, using artificial intelligence software … Continue reading Ontruck raises €17m in Spain’s biggest round of 2020 Continue Reading →

Startup government support measures: Rated

How do startup support initiatives in Spain, France, Germany, the UK and Israel stack up? The pandemic has hit the startup world hard. With even well-established later-stage companies struggling to keep on an even keel during the crisis, government support packages have become particularly critical to sustaining early-stage companies.  And despite the pain being felt … Continue reading Startup government support measures: Rated Continue Reading →

Welcome to the decade of purpose, says new Index Ventures partner

“The past decade was the decade of convenience. The coming decade will be the decade of purpose.” Europe’s cash-hungry founders had better develop a sense of purpose fast. One of Europe’s biggest venture funds is increasingly focusing on a company’s business purpose when deciding where to invest. Stephane Kurgan, the former chief operating officer at … Continue reading Welcome to the decade of purpose, says new Index Ventures partner Continue Reading →

Digital is expected to be a key driver of Standard Chartered’s retail growth in 2020

Standard Chartered Bank Singapore (“the Bank”) has recorded exceptionally high levels of digital adoption and foresees that digital will lead the way as a mainstream banking channel moving forward. The Bank expects digital services to be a key growth driver for its retail banking business in 2020. Historic growth in digital adoptionWhile digital has always … Continue reading Digital is expected to be a key driver of Standard Chartered’s retail growth in 2020 Continue Reading →