Sifted - Fintech's darkest day 🌪️

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

 Fintech 


Fintech's darkest day


On Friday, the UK financial regulator made the shock move to suspend Wirecard's UK entity amid ongoing allegations of fraud against its parent company.

The fintechs who use Wirecard as a card issuer were forced to pause operations — and freeze consumers' accounts.

Is it a disaster? Isabel Woodford finds out.

🎬 Fintech behind the scenes 🎬 


Just who are the movers and makers enabling fintech to thrive? (Hint, it's not Monzo and co.)

There's a secret fintech army working backstage to keep the show on the road, from open banking to security.

 
Find out who they are and what they're about in our report. 

 Opinion 

 

Reasons to hire more women in tech


As remote working increases and recession looms, there's no excuse for tech companies not to be hiring more women.

Coronavirus-induced layoffs means there's a wealth of female talent up for grabs — on top of all the women who've always been raring to go (from their home office).

Not convinced already? Then read this.

🤫  Are you our next Secret Columnist? 🤫

 

Have you got a burning desire to talk about the wrongdoings of the startup ecosystem? Diversity, culture or something sector-specific: you take your pick.

We're looking for founders, VCs and startup employees to have their say on topics that are often overlooked — and who want to be 100% anonymous.

Get in touch with Amy (confidentially) here.

 News 

 

The key to flying cars — hydrogen


Rafi Yoeli, founder and CEO of Urban Aeronautics, thinks hydrogen is the key to virtual take-off aircraft designed for urban settings.

The catch with hydrogen is that it has an energy density almost three times higher than jet fuel, allowing it to be stored in smaller sizes — roughly that of a car.

Could this be the breakthrough that makes flying cars start landing on our streets?

Maija Palmer finds out.

Senior UI Designer, FACEIT, London
Sales Manager (DACH), Qualtrics, Munich
Customer Support Agent, Countingup, London
Senior Animator, Improbable, Cambridge

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

Sifted Suggests 

 

🌍  The global startup ecosystem. From London to LA, Tel Aviv to Tokyo, global startups advisory Startup Genome maps out how startups across the world are faring after Covid-19. Read here.

 

🤔  Will cities go green or mean? Cities saw reductions in air pollution during the pandemic, but it doesn't look like that will last for long as cars flock to the roads again. How can we prevent this from happening? Learn more here.


🇪🇺  European tech visas: a thread. A list of 40+ European visas for tech founders and employees well worth checking out.


📢 Calling all UK fintech founders. Take this survey to tell the government what you want from them.

In case you missed it 

 

☕ How to step down as a founder. An honest, emotional and powerful interview from the founder of Pact Coffee.

💳 Dear Monzo, Starling and co; we’re still a long way off the perfect neobank.

🌴 Enter the era of the digital nomad. Estonia has recently become the first country in the world to create a digital nomad visa — and others would be wise to follow suit.

👉 Advertise with Sifted 👈


Want to reach founders and decision-makers in the European startup ecosystem? Contact Helen Seidenberg, partnerships director, for advertising and sponsorship opportunities with Sifted.

Events [virtual only]
 

🇬🇧 Investing in black founders matters | 1 July
The UK Business Angels Association is convening this panel to discuss what can be done to increase investment in black and ethnic minority founders. Hear insights from fantastic angels and VCs on how we can foster a more diverse ecosystem that favours equality.


🇬🇧 How to bounce back as a startup | 2 July
Scaleup advisor Zanda teams up with SeedLegals and Crowdcube to show early-stage high growth tech firms how to scale up successfully.


🇬🇧 #TEENSINAI Accelerator 2020 | 27 July - 7 August
This event focuses on those who will shape AI in the next decades — Gen-Z. Teens aged 11-19 have the opportunity to learn and develop their own AI with leading tech mentors from the BBC, Microsoft and more.

Sifted resources

🙏 Forward this on, please 🙏

 

If you're a Sifted fan, please forward this email on to a friend who might love it too and CC Amy (amy@sifted.eu). Introduce yourself — hey, maybe we're writing a story you could help us on.

 

P.S. Does this newsletter sometimes end up in your spam  or promotions folder? Add amy@sifted.eu to your contacts to stop it going astray again.

Connor Bilboe
Editorial Assistant 


Get in touch with him at connor@sifted.eu.
Let him know what news you want to read.
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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Women: invest more 💁‍♀️ 

Friday, June 26, 2020

Connect raises $80m | Top healthtechs in Spain | Dastardly Digital Services Act Sifted is the FT-backed media site telling the untold stories of European tech. Subscribe here. Venture Capital VCs have

Fastest ever UK unicorn 🦄

Wednesday, June 24, 2020

Europe's message to Trump | Fintechs fret over Wirecard | Cazoo raises, again Sifted is the FT-backed media site telling the untold stories of European tech. Subscribe here. Policy European tech

Europe's new most valuable fintech 💰 

Monday, June 22, 2020

Femtech fiesta | D2C inspo | IPOs aren't impossible Sifted is the FT-backed media site telling the untold stories of European tech. Subscribe here. Startup Life How to step down as a founder In

VCs don’t deserve their dollar 💰

Wednesday, June 17, 2020

Monzo's raise | Klarna revenues | Interstellar Labs Sifted is the FT-backed media site telling the untold stories of European tech. Subscribe here. Space Building houses for Mars It's not just

Glassdoor gossip 😉

Monday, June 15, 2020

Employee reviews | TransferWise vs Santander | Estonia's digital nomad visa Sifted is the FT-backed media site telling the untold stories of European tech. Subscribe here. Fintech Fintechs, rated

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