News
The great technological festival will bring together startups from Central and Eastern Europe. On 24 May, startups, investors, and everyone involved with technology, innovation, and finance from Central and Eastern Europe will meet in Wrocław and online at Wolves Summit, a huge technology festival with a new formula, lasting 4 days. This is a unique opportunity to establish business relationships and grow your business, as well as support startups from Ukraine and other countries in the region.
The coronavirus pandemic has hastened digital transformation across the board. Simultaneously, the war on tech talent continues to accelerate at pace. Industry body techUK estimates that there are now 100,000 unfilled tech vacancies across the country every month. With this shrinking talent pool comes significant economic costs with industry analysts estimating the UK economy to lose £6.3 billion annually.
Volume, the transparent checkout startup, has closed a pre-seed round of $2.4m, in an oversubscribed deal led by firstminute Capital and joined by SeedX and Haatch Ventures. Other participants include angels Christian Faes (LendInvest), Russ Carroll (ex-Klarna), as well as angels from MADE.COM, Mastercard, Visa and American Express. Volume improves on current open banking capabilities to reduce the long checkout process, while simultaneously killing hidden fees charged by payment intermediaries.
Employers are being warned about selecting employee benefits that are too inflexible in the way they support the health and wellbeing of employees. RedArc, the nurse-led health wellbeing service, believes that although employers are doing the right thing in proactively providing health and wellbeing support for staff, they need to be cautious about overly prescriptive benefits that may not give staff enough of the right kind of support.
Treeapp, the mobile app which enables anyone to plant a tree for free everyday, has officially partnered with fellow B Corp the Big Mamma group. To celebrate Earth Day on the 22nd of April, Big Mamma will be planting one tree for every veggie and vegan pizza sold at Ave Mario, Circolo Popolare and Gloria Trattoria.
Flow Your Money (Flow), the money management app for freelancers and consumers has raised a €3.5m seed investment round led by Eleven Ventures. The round was joined by RockSalt, the venture arm of SaltPay, as well as Silverflow co-founder Robert Kraal (former COO Adyen), Hristo Borisov (founder and CEO of Payhawk), Marnix van der Ploeg (Booking.com) and Travel Health Group’s owner Arnoud Aalbersberg. The investment will enable Flow to scale up its platform, which makes it possible to automatically distribute incoming and outgoing money flows, taking the step towards ‘self-driving money’: smart, fully autonomous money management. Flow now also can expedite European expansion plans as it sets out to become the largest player in this fast-growth market.













