• Lydia launches Lydia Premium

    7 monthes ago - By TechCrunch

    Lydia launches Lydia Premium
    French startup Lydia announces two new things today. First, the company is launching a financial hub with multiple new products. Second, Lydia is announcing a new premium subscription to access those new features.
    “Today, we're lucky enough to have you here to announce you the biggest thing we've done since Lydia's launch,” co-founder and CEO Cyril Chiche said in a press conference. “We've been working on this for a while - and it's not a challenger bank.”
    Lydia is no longer just a peer-to-peer payment app with a few other features. The company says it is now...
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  • An early investor in Alibaba has raised $375 million to help build $10 billion European tech giants

    An early investor in Alibaba has raised $375 million to help build $10 billion European tech giants

    7 monthes ago - By Business Insider

    Eight Roads Ventures has raised $375 million to fund late-stage startups, an underserved area in Europe.
    Eight Roads was an early backer in Alibaba in 1999, and has also invested in furniture company Made.com and Notonthehighstreet.
    The venture firm wants to build more $10 billion companies out of Europe, where startups often exit to US tech giants for millions, rather than billions, of dollars.
    Eight Roads' European arm has mostly invested in the UK, and managing partner Davor Hebel said Brexit has had no impact on its investment decisions.
    Venture capital firm Eight Roads Ventures has...
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  • Eight Roads Ventures launches new $375M scale-up fund for European and Israeli startups

    Eight Roads Ventures launches new $375M scale-up fund for European and Israeli startups

    7 monthes ago - By TechCrunch

    Eight Roads Ventures , the proprietary investment arm of Fidelity International, is officially launching its new European fund today.
    Targeting scale-ups in Europe and Israel, ‘ Eight Roads Ventures Europe' will have $375 million in capital to deploy, mostly at the Series B and Series C stages but also in scale-ups that although bootstrapped have found market fit and traction and are in need of growth capital.
    It plans to back a total of 15 to 20 companies, with an average investment size of between $10 million and $30 million, and will invest right across the region. Eight Roads Ventures...
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