Trump says ‘we’re trying to find out about a whistleblower’ amid impeachment inquiry – live

Trump’s comment the White House is trying to find out more about the whistleblower raises concerns of defying federal protections Sign up for the US briefing and get a new perspective 8.03pm BST One of the whistleblower’s lawyers has sent a tweet defending the person’s anonymity despite Trump’s claim that the White House is trying to find about more about the official. The lawyer, Andrew Bakaj, warned that retaliating against…

October 29, 2019
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Penta, the German business banking startup, raises €8M additional funding

August 7, 2019

Penta, the business banking provider for small and medium sized enterprises (SMEs) that was recently acquired by fintech company builder Finleap, has raised “over” €8 million in new funding. The round is led by HV Holtzbrinck Ventures. Also participating is Finleap, alongside Fabrick, the Italian platform for open banking and fintech services, which is another of Penta’s existing shareholders. The startup raised a €7 million Series A round in late…

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Spaceflow, the ‘tenant experience platform’, scores $1.8M investment

August 7, 2019

Spaceflow, a startup founded out of Prague that offers a “tenant experience platform” to help landlords provide a better service, has raised $1.8 million in funding. Leading the round is Credo Ventures, with participation from Day One Capital, and UP21. The company, which also has an office in New York, says it will use the new capital to hire additional members of its product development team, and to meet its…

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Pound suffers further slide after Boris Johnson takes Brexit hard line – business live

Rolling coverage of business, economics and markets as sterling hits new 28-month low against the US dollar Pound drops to lowest level in two years amid no-deal Brexit rhetoric Chief of British Gas owner Centrica to step down as it posts lossMark Carney fails to make shortlist for IMF top job 9.18am BST Oh, to be a fly on the wall in 10 Downing Street today as they discuss a…

August 1, 2019
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Swedish ‘neobank’ P.F.C. picks up €5M backing from Nordic banking giant Nordea

P.F.C. (Personal Finance Co.), a so-called “neobank” founded in Sweden, has raised €5 million in funding. Backing the young company is Nordea, the largest bank in the Nordics region. In other words, chalk this up as another example of an incumbent bank placing financial and strategic bets on a fintech upstart, even if it doesn’t always end as the parties involved planned. Nordea is present in 20 countries, including having…

July 6, 2019
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