Big rounds for Checkout.com, Swile and Cazoo, and our interview with Black Swan CEO Steve King
This week, we talk about some of the biggest stories in European tech, like the ongoing downfall of Wirecard, a couple of big financing rounds, and Facebook’s legal trouble in Germany. Later in the show, you’ll hear an interview with Steve King, CEO of UK
June 29, 202021m 31s
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Show Notes
Here are the notes and links for this week’s episode:
Wirecard’s wild ride down
- ‘The Enron of Germany’: Wirecard scandal casts a shadow on corporate governance (CNBC)
- EY prepares for backlash over Wirecard scandal (Financial Times)
- Germany to sever ties with accounting watchdog after Wirecard scandal (Reuters)
Germany’s top court rules against Facebook’s ‘superprofiling’
- Germany’s highest court orders Facebook to stop cross-platform data sharing (EURACTIV)
- Facebook Loses Antitrust Decision in Germany Over Data Collection (The New York Times)
- Germany’s top court rules against Facebook on users’ data (Deutsche Welle)
Highlighting three big funding rounds:
- Checkout.com triples valuation to $5.5 billion, making it one of Europe’s top fintechs (CNBC)
- French fintech scale-up Swile secures €70 million to extend beyond its digital meal voucher alternative (Tech.eu)
- Cazoo raises $31 million at $1 billion+ valuation to help you buy used cars online (Tech.eu)
Steve King, co-founder and CEO of UK-based Black Swan
Topics
startupsEuropetechnologyentrepreneurshipVCfundingEU