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Prosper Raises £3 2M in Angel Funding

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Ellis raises $5 6M to pave the way for international students – TechCrunch

Almost anyone who has moved to a new country knows that setting up the basics, like a bank account, are the hardest tasks to do. That’s why Ellis was created for international students planning to study in the U.S. Before they arrive, they can open a debit account with Ellis’ neobank and sign up for […]

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Payroll automation startup raises $15 6M Series A led by General Catalyst – TechCrunch

Payroll automation is not exactly the sexiest of startup areas but it’s a pretty decent business. The larger startup in the space is Payfit which has raised upwards of $208.4M to do something that lots of companies find quite painful. But Payfit does a lot of other things as well, potentially leaving it exposed. Now […]

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Pento, a Payroll System for Startups, Raises $15 6 Million

Pento, a Payroll System for Startups, Raises $15 6 Million
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Monzo founder Tom Blomfield is departing the challenger bank and says he s struggled during the pandemic – TechCrunch

Monzo founder Tom Blomfield is departing the challenger bank and says he’s ‘struggled’ during the pandemic Monzo founder Tom Blomfield is departing the U.K. challenger bank entirely at the end of the month, staff were informed earlier today. Blomfield held the role of CEO until May last year when he assumed the newly created title of president and resigned from the Monzo board. However, having been given the time and space to consider his long-term future at the bank he helped create six years ago, and with a refreshed executive team now in place, he says it is time to “hand over the baton”.

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