News - For Consumers
Daily digest of all European digital development news
Datamonk raises €1.6M pre-seed to speed imaging data migrations with agentic AI
Datamonk, a Dutch AI-powered platform, secured €1. 6 million in pre-seed funding....
Datamonk raises €1.6M pre-seed to speed imaging data migrations with agentic AI
Dutch AI startup Datamonk secured €1. 6M to accelerate medical imaging data migrations using agentic AI....
Starting October 9, transfers in the EU will no longer be the same. A new bank verification comes into effect
Starting October 9th, the European Union will implement a new banking verification system for money transfers. Banks in the Eurozone will be required to verify that the recipient's name matches the provided IBAN before processing a transfer....
Revolut will offer savings accounts and access to Multibanco and MB WAY
Revolut, the digital bank, is expanding its services in Portugal, aiming to provide savings accounts to its two million customers in the country. This move follows the bank's previous announcements regarding its operations in July....
WhatsApp & Threema criticize EU plan for messenger surveillance
WhatsApp and Threema are criticizing the EU's plans for "chat control," which they see as undermining secure communication. This follows repeated criticism from Signal regarding the proposed law....
FBI cyber threat adviser Filigran raises $58M
French cybersecurity startup Filigran secured $58 million in Series C funding, with clients including the FBI and the European Commission. The investment will fuel expansion into the Pacific and Middle East, along with product development including an AI agent platform.
Bologna Gathering showcases Italy’s rising innovation momentum
Bologna, Italy, is solidifying its position as a key European hub for AI with the €300 million IT4LIA AI Factory. The project leverages the Leonardo supercomputer, offering crucial resources for AI development and industrial innovation.
Chat control: WhatsApp and Threema are more reserved than Signal
WhatsApp and Threema voice concerns over the EU's chat control proposal, unlike Signal's threat to exit. Both messaging platforms state end-to-end encryption faces significant risk.
Chat control: WhatsApp and Threema are more reserved than Signal
Following Signal's threat to withdraw from the EU, WhatsApp and Threema have responded more cautiously to the chat control measures. Both messaging services express concerns that end-to-end encryption could be compromised by the new regulations....
Monday: New and cheaper Tesla Model Y, Cologne AI company before US IPO
A Cologne-based AI company is planning an IPO in the US. The article also mentions DeepL, a German company known for its online translation services, which is valued in the billions....
Planned mass surveillance: WhatsApp and Threema are strictly against chat control
WhatsApp and Threema strongly oppose the EU's chat control proposal, citing threats to end-to-end encryption. Both secure messaging platforms argue the plan undermines privacy, freedom, and digital security.
Planned mass surveillance: WhatsApp and Threema are strictly against chat control
WhatsApp and Threema have voiced their opposition to chat control measures, echoing concerns previously raised by Signal. These messaging services argue that chat control undermines end-to-end encryption, threatening privacy, freedom, and digital security....
Signal may disappear from Europe due to regulations
Signal, a popular WhatsApp alternative, may cease operations in Europe due to disagreements with a new regulation. The specific nature of the regulation is not detailed in the provided source....
French cybersecurity startup MokN raises €2.6 million to combat credential theft
French cybersecurity startup MokN secures €2. 6 million in seed funding to combat credential theft with "phish-back" technology....
fan3 raises $5M from Improbable to fix broken ticketing
fan3, an entertainment tech firm, secured $5M from Improbable to combat ticketing fraud and scalping in the live events industry. The platform integrates with existing ticketing systems, using digital passes and blockchain to prioritize genuine fans and offer exclusive perks.
Denmark launches the world’s largest quantum fund
Denmark launches the world's largest quantum technology venture capital fund, 55 North, with a first close of €134 million. The fund, backed by EIFO and Novo Holdings, will invest globally in quantum tech, including IQM and Kiutra.
European tech funding surges 163% in September, hitting €8.4 billion
European tech funding surged 163% in September, reaching €8. 4 billion, driven by AI investments and a massive deal for Mistral....
Thought Machine raises £45M as losses increase
London-based fintech Thought Machine secured a £45M funding round despite increased losses. The cloud-based banking services provider plans to use the funds to grow and invest in product development, although losses rose to £69....
Emblematic attracts $2M to automate mid-market accounting with AI agents
Emblematic, an AI startup automating accounting workflows, secured $2 million in pre-seed funding led by Passion Capital. Their AI agents, built on large language models, process documents and categorize entries for mid-market and enterprise finance teams.
Finnish car-logistics pioneer Flovi rolls into Poland
Finnish car-logistics company Flovi expands into Poland with its digital platform, streamlining vehicle relocations for dealerships and rental services. The platform offers instant pricing and delivery times, transforming a traditionally manual process.