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Today in European Tech: UiPath's IPO, Trendyol nabs $330 million, BlaBlaCar raises $115 million, new EU rules on use of AI, and more

- Turkish e-commerce platform Trendyol has received an additional $330 million investment from existing partner Alibaba in a capital increase. With this injection of capital, Alibaba now holds an 86.5% stake in the company. - UK fintech and pensions provider PensionBee arrived on the London Stock Exchange this morning with its shares priced at 165p, giving it a valuation of £365 million on admission. - French startup BlaBlaCar has raised a new $115 million funding round. While the company i...
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Source: tech.eu

Former Mastercard Exec Javier Perez Invests €8M in Danish Fintech Cardlay, Investment via Global Paytech Fund

Former Mastercard Exec Javier Perez Invests €8M in Danish Fintech Cardlay, Investment via Global Paytech Fund April 14, 2021 @ 7:06 am By Omar Faridi Cardlay has secured €8 million in capital from a venture fund that’s managed by former Mastercard executive Javier Perez, according to a release. As mentioned on its official website: “Cardlay is a world leading Fintech partner of commercial card services and payment infrastructure. We supply a connected global payment and accounting eco-...
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