funding

FAI Council votes in favour of rescue package

Exactly 12 months after the FAI descended into a sustained period of upheaval, their financial future has been secured. All of the 60 voting FAI council members emphatically backed a package worth €52.5m that will safeguard the employment of low...

Startups developing tech to combat COVID-19 urged to apply for fast-track EU funding

The European Commission put out a call Friday for startups and small businesses which are developing technologies that could help combat the COVID-19 outbreak to apply for fast-track EU funding. The push is related to a €164M pot of...

Alma is a Klarna-like payment startup that lets you buy now and pay later

Meet Alma, a French startup that helps you offer a new payment option for your expensive goods. Like Klarna, clients can choose to pay over three or four installments. But the comparison stops here, as Klarna isn’t available in...

New funding round values catering marketplace Hungry at $100M+

Hungry, a catering marketplace that connects businesses with independent chefs, announced this week that it has raised $20 million in Series B funding. Hungry tells me that the funding valued the company at more than $100 million (pre-money). The investors were...

Mobile banking app Empower Finance just closed a $20 million Series A round

Another afternoon, another round of funding for a mobile banking app. This time, it’s Empower Finance, a San Francisco-based company that’s headed up by former Sequoia Capital partner Warren Hogarth and which just closed on $20 million in Series...

U.S. Congress approves $8.3 billion in emergency funding for coronavirus response

Congress on Wednesday approved $8.3 billion in emergency funding to respond to the spreading novel coronavirus, COVID-19, which has already sickened eighty people across thirteen states and killed nine in the U.S. alone. More than $3 billion of that funding...

iPrice, a platform for comparison shopping in Southeast Asia, raises $10 million Series B

iPrice Group, which helps comparison shoppers in Southeast Asia by pulling together prices from different e-commerce platforms, has closed a $10 million Series B. Led by ACA Investments, the round also included participation from Daiwa PI Partners and returning...

Outdoor Voices founder Tyler Haney says adios altogether to the company amid layoffs

Last week, the Business of Fashion broke the news that co-founder and CEO Tyler Haney was stepping down from her role as CEO of the activewear label Outdoor Voices, citing slowing growth for the company and reporting that mismanagement...

TripActions secures $500M credit facility for its new corporate travel product

TripActions, a Palo Alto-based, corporate travel-focused unicorn, has secured a new, half-billion-dollar credit facility to help support the launch of its second product line. Called TripActions Liquid, the service helps companies that do not offer corporate cards to...

Challenger business bank Qonto raises $115 million round led by Tencent and DST Global

French startup Qonto has raised a $115 million Series C funding round led by Tencent and DST Global. Today’s news comes a few days after another French fintech startup Lydia raised some money from Tencent. Existing investors Valar and Alven...
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The EU 100 billion against unemployment will be freely accessible

The EU 100 billion against unemployment will be freely accessible <img src = "https://intallaght.ie/wp-content/uploads/2020/04/1585868331.jpg" alt="Ursula...
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Infantino against Conmebol: "No party is worth a life"

This was said on Thursday by the President of FIFA, the Swiss Gianni Infantino, as a preamble to the 72 Ordinary Congress of the...

Zoom will solve the problems caused by the increase in users

The application was born as a virtual meeting service for companies, but the current situation of confinement and its widespread use presents challenges for...

In cash and on foot of the plane: this is how French mask orders are 'stolen'

In cash and on foot of the plane: this is how French mask orders are 'stolen' <img src = "https://intallaght.ie/wp-content/uploads/2020/04/1585860888.jpg"...

"Peak and sex": Separating the exits of men and women gains followers in the fight against the coronavirus

To further contain the spread of the outbreak, the governments of Panama and Peru have opted for an unprecedented solution: segregate people by gender...