Post-Google, What Dan Cobley’s GBP50m Brightbridge Fund Means For Fintech

There's yet more evidence of London's booming fintech scene this week with news that Google UK MD Dan Cobley is leaving the internet giant to start his own fintech incubator and investment fund. Cobley, who worked at Google for the past eight years, will take on the role of CEO of the newly-launched Brightbridge Capital. The new venture will start out with GBP50m (USD84m) in funding and is backed by Blenheim Chalcot and ... read more

How Two Ex-Google Guys Turned A Crappy Messaging Service Into A $100 Million App

How Two Ex-Googlers Turned A Crappy Messaging Service Into A $100 Million App Secret, the popular anonymous-sharing App, raised $25M. Here's how it went from poorly designed messaging app to RED-HOT Startup.  Before Secret was Secret, the anonymous sharing app burning up the iTunes charts, it was Whispr, an ephemeral messaging service that incidentally had the same name as the startup's current chief competitor, Whisper. The idea was to enable ... read more

You Can Now Buy Stuff From Pages Without Leaving Facebook

By Selena Larson Facebook wants to make it easier for you to buy things. On Thursday, the company announced it’s testing a new way for people to buy stuff through ads and page posts with a new buy button, allowing users to purchase products and services without leaving Facebook. The company said in a blog post that the test is limited to “a few small and medium-sized businesses in the ... read more

Twitter acquires start up Payments company CardSpring – to help you shop in tweets

SELENA LARSON Twitter wants to make it as easy to buy as it is to tweet. On Tuesday, the company announced the acquisition of CardSpring, a payments startup that makes it easy for developers to add payment services to apps and products. The social media company has tried to capitalize on e-commerce with tweet-to-buy initiatives that have yet to gain visible steam. The acquisition of CardSpring will add experts to ... read more

You would not believe what this guy did to raise $1m

I wanted to share this great article from AlleyWatch on fundraising. False starts, bad timing, wrong co-founder, no technical co-founder. Jason Nadaf could have written the book on what can and will go wrong when you’re starting a company.  Oh, and make sure that no accelerator will accept you, no matter that you did manage to make it to the finals. All of which helps to explain how Nadaf, with his company SureDone, a one stop ... read more

Google’s launch $100m fund to bid for a stake in Europe’s emerging tech talent.

By Liam Tung | July 10, 2014 Google Ventures, the search giant's VC arm has launched a $100m fund dedicated to startups in Europe. "To help support the next generation of European entrepreneurs, today Google Ventures is launching a new venture fund, with initial funding of $100 million. Our goal is simple: we want to invest in the best ideas from the best European entrepreneurs, and help them bring those ... read more

Santander launches $100m fintech fund

Fintech firms struggling to get funding could now look towards Santander as a possible investor. The bank has announced a venture capital fund which despite being London-based will have a global remit. Santander has said that the fund isn’t just for fintech. It will also be used to invest in technology that “ensures Santander’s customers world-wide benefit from the latest know-how and innovations”. Corporate venture capital Banks currently only provide ... read more

The time is ripe to change the banking system

by Chris Skinner on 01 July 2014 I was surprised the other day when Financial News named me as one of the top 40 most influential innovators in financial technology, alongside friends including Sean Park, Matteo Rizzi and Nektarios Liolios.  It is gratifying to get recognition, and places me amongst 30 London-based influencers of note. It is this latter point that is worthy of further debate. There are plenty of innovations taking place in ... read more