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In August, in preparation for today European la
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unch, the Berlin-based fintech startup raised 鈧?0 million in Series B funding led by Palo Alto-based Ribbit Capital and London s Index Ventures. Yuri Milner and Tom Stafford also participated, whilst the round brought total amount raised by the 2013 founded startup to 鈧?0 million.Specifically, the problem that Raisin has set out to solve is that saving deposit rates differ not only from one local bank offer to another but even more strikingly across Europe as a whole. The company marketplace, which is now open to customers in 30 countries, lets you shop around an
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d compare different rates European-wide.In addition, opening a deposit account offered by a bank outside of your home country typically requires applying directly, including filing the local anti-money laundering and proof of identity paperwork, often in-person. Yet the regulation already exists that allows for one bank to essentially vouch for you to an
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When I first played with PhotoMath before the team took the s
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tage in our Battlefield competition at Disrupt London, I was impressed by its design and overall user experience. Solving a math equation with a computer is nothing new WolframAlpha has been doing that for years. But typing an equation inside WolframAlpha app is a painful process. With PhotoMath, you point, you shoot and
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revamped as well.What I didn ;t expect is that so many people would find it useful. In just 24 hours, the app rocketed to the top of the App Store, and people attending Disrupt London couldn ;t stop talking about it.MicroBlink, the startup behind PhotoMath, is a text recognition technology company. The company worked a lot on accuracy and speed so that scanning text only takes you seconds. PhotoMath is a great