LendIt Europe speakers providing insight
Attendees at LendIt Europe, which began today in London, received insights on a variety of topics from industry leaders.
AltFi Data CEO Rupert Taylor explained new models address challenges found in evaluating and comparing lending platform performance on gains, losses and risk-adjusted returns. AltFi Data CEO Rupert Taylor
Fully automating underwriting processes is proving difficult. Many companies are using artificial intelligence in tandem with human contributions. Look to alternative underwriting methods and you can more easily include people from across the globe. Such methods have proven successful with SME finance.
While machine learning can help large operations reduce fraud, the growing amount of biometric data is also causing problems.
Tartu’s business event sTARTUp Day to feature world-class participants
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The annual business event, sTARTUp Day, is to take place in a hybrid form from 25-27 August 2021 in the town of Tartu and it’s going to feature world-class participants sharing their experiences on four stages.
According to the organisers, the festival brings to the stage over a hundred speakers during the two festival days and one side event day.
“On 25-27 of August, the Estonian National Museum in Tartu will become a meeting place for all the startup-minded people, with world-class performers sharing their experiences on four stages, dozens of practical seminars, sTARTUp Pitching Powered by EstBAN and many side events,” the organisers said in a statement.
Today in European Tech: Fresh funds for Icebreaker and Cusp Capital, FintechOS nabs $60 million, Dott raises $85 million, and more
Deals
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Micromobility startup Dott with headquarters in Paris and Amsterdam has secured $85 million in a Series B funding round. The capital injection was co-led by Belgium-based Sofina and UK-based Estari.
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Helsinki-based investment firm Icebreaker has closed its second fund at €100 million and raised a separate €20 million that will be used to continue investments in existing portfolio companies.
- Romania-born and
London-based financial technology firm FintechOS has raised $60 million in a Series B round. Led by Draper Esprit, whose previous investments include Revolut and N26, the round also saw participation from existing investors LAUNCHub, Earlybird Digital East, Gapminder Ventures, and OTB Ventures.
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