Sifted - Monzo's new CEO can boogie 🕺

Sifted is the FT-backed media site telling the untold stories of European tech. Subscribe here.

 Fintech 

 

The new Monzo CEO knows how to dance


One of Europe’s hottest startups, the digital bank Monzo, is getting a new chief executive. TS Anil will replace poster boy cofounder Tom Blomfield who is moving into a role as president.

But who is Anil? Sifted spoke to former colleagues of the 48-year-old and found he is more than just a veteran banker well placed to get to grips with regulatory issues at the bank.

He’s partial to a boogie on the dance floor, according to one. “He’s got the wackiest taste in music,” says another. He has so many different skills he is like “inspector gadget,” says a third.

Sifted's Isabel Woodford has more.

🚀 Scale globally with M12—Microsoft's venture fund 🚀

 

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The team provides support beyond capital, offering product integration opportunities, additional sales power and access to the Microsoft ecosystem to help your startup scale globally.

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 Startup Life 

 

Don't fret about defining company culture


Sophie Harrison, cofounder of cybersecurity startup Panaseer, spent months with her colleagues worrying about how to define their new business' company culture.

They started with 'inclusive', 'not corporate' and all the other startup tropes: but what did it really mean? How did it affect who they should be hiring? Could an agency help them?

In the end, she learnt to relax and let the company culture grow up before trying too hard to define it right away. 

What are the tips from her journey?

🔔 How to IPO virtually 🔔

 

This is the very 2020 story of how video conferencing platform Pexip listed on the stock market — 100% remotely. 

There was even a ‘virtual bell ceremony’.

Find out how it all worked. [Sponsored post]

 Mobility 

 

Robot deliveries thrive in coronatimes


As Europe went into lockdown in March, grocery shopping became difficult. Queues at physical shops were long and deliver slots for online orders were hard to come by. 

Life was a lot easier, however, for shoppers in the mid-sized UK town of Milton Keynes, where Estonian startup Starship was operating a small army of 80 or so delivery robots.

The robots, which look like white cool boxes on wheels and can travel autonomously, came into their own during the crisis.

Is this the future of deliveries?

 Mobility 

 

Scooter wars' next episode: The UK


Thought the scooter startups would pipe down for a while? Think again. 

They've just been gifted a new playground to fight over — and they all want to win it. 

Amy Lewin finds out how Europe's scooter competitors plan to conquer the cities of the UK — and how exactly the upcoming trials will work.

News that matters

 

💸 Y Combinator-backed Catalan fintech Belvo has raised $10m to triple its team size. The Barcelona-founded startup — tipped as a hot startup-to-watch — has a business similar to the Visa-acquired Plaid, but with a Latin American twist. It will come as welcome news to the whole Spanish ecosystem, where the coronavirus crisis is squeezing startups.

🎙️ Podimo, a fast-growing podcasting provider, has secured €15m in an investment round led by 83North in the latest sign of investors piling onto the boom in podcasting. The Copenhagen-based startup offers personalised recommendations for subscribers and has a revenue share model for content creators. So far it's only available in Denmark and Germany, but more countries are coming.

🛴 Ola Electric, the electric vehicle unit of Indian ride-hailing heavyweight Ola, has announced the acquisition of Etergo, a Netherlands-based electric scooter company. It's a bold move that comes at a time of huge turmoil for scooter companies in Europe and around the world, as you can read about here

🤖 Doteveryone, a research group founded by lastminute.com founder Martha Lane Fox focused on promoting responsible technology, is shutting down after five years. In a statement, the group said it was passing the baton of its work to the Ada Lovelace Institute and others. 

🥡 Cloud canteen startup Feedr has been acquired by the foodservice giant Compass Group for around £19m. Feedr is a platform which allows businesses to order high-quality food for workplace breakfasts, meetings and lunches. For more on the world of European food delivery startups, see our deep-dive report here. 

🖼️ Freepik, a Malaga-Spain based website which offers a curated freemium marketplace of vector graphics and stock photos is being acquired by investment and private equity firm EQT

If you're a fan of our 'News that matters' and 'Sifted Suggests' sections, check out our newsfeed here, where we collect all of these gems — and more.

Senior Staff Writer, Freetrade, London
Collections Manager, Monzo, Cardiff
Data Analyst, Cleo AI, London
Marketing Associate, Citymapper, London

Check out our jobs board if you are looking for a new role at a startup.

Sifted Suggests 

 

💁‍♀️ EIT Digital Challenge 2020 | Pitch your health solution and thrive with EIT Digital’s pan-European network of high-profile investors and corporates to become the next global success. Don’t miss out, apply now. [Sponsored post]

💨 Digital banks have stormed into the retail market with the promise of doing “banking better” — including slicker app interfaces and speedier features. But a new study shows a number of incumbents are catching up with digital banks on some parts of the user experience.

🧨 Coronavirus might spell the end of tech hubs. That’s a good thing, writes Entrepreneur First cofounder Matt Clifford for Wired. More on this theme from Sifted in the next few days...

💥 A spectacular story of blitzfailing, told on Twitter by US founder of Sprig Gagan Biyani.

🔫 Sick of Zoom? People are coming up with more fun ways to hold meetings. One of them is this Sims-style virtual world (just with more chatting and less killing people in swimming pools). Another idea is to meet in the video game Red Dead Redemption. 

In case you missed it

 

😈 As coronavirus has forced classrooms around the world to move online, kids are getting creative in trying to sabotage lessons.

🤑 18 fintechs that investors think will thrive post-lockdown.


🍎 Healthtech startups are in the spotlight — but how can they keep up momentum?

Sifted resources

Michael Stothard
Editor


Get in touch with him at michael@sifted.eu.
He loves to know what we could be doing better.
Follow the whole Sifted team for news and views: 
@MStothard@amyrlewin@maijapalmer@i_woodford, @Marie_a_Paris@KitGillet@timmpsmith, @connorbilboe@MimiBilling@kittygknowles@johnthornhillft
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Older messages

Kids trolling edtech 😈

Wednesday, May 27, 2020

Data on BAME founders | Kahoot bots | Talent market insights Sifted is the FT-backed media site telling the untold stories of European tech. Subscribe here. Edtech Edtech's biggest threat? Kids

Monzo gets a new CEO 💥

Friday, May 22, 2020

Micromobility's big chance | Angel investors post-Covid | Monzo CEO change Sifted is the FT-backed media site telling the untold stories of European tech. Subscribe here. Funding What's

Marketing with no money, in a pandemic 🏋️

Wednesday, May 20, 2020

Future Fund application tips | Remote mentoring tips | Company retreats with a twist Sifted is the FT-backed media site telling the untold stories of European tech. Subscribe here. Startup Life Post-

Monzo's 40% valuation drop 😬

Monday, May 18, 2020

Clubhouse copycats | Wearables to keep coworkers away | Common early-stage founder mistakes Sifted is the FT-backed media site telling the untold stories of European tech. Subscribe here. Fundraising

Why tech still doesn't understand periods 🩸

Friday, May 15, 2020

Contact tracing apps won't work | Robot Covid-19 cleaners | How to unlock lockdown Sifted is the FT-backed media site telling the untold stories of European tech. Subscribe here. Opinion Why is

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