Wednesday, June 9, 2021

Scalable Capital, a Germany-based neo-broker and wealth management service, raises $180M Series E led by Tencent at a $1.4B valuation (Isabel Woodford/Sifted)

Isabel Woodford / Sifted:
Scalable Capital, a Germany-based neo-broker and wealth management service, raises $180M Series E led by Tencent at a $1.4B valuation  —  The round is led by Tencent, continuing a trend of Chinese funds investing in European fintech.  —  Scalable Capital fundraise gives Germany its sixth fintech unicorn



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An AI-generated TikTok parody of reality series Love Island, called Fruit Love Island, averaged 10M+ views across its first 21 episodes after debuting last week (Isabelle Bousquette/Wall Street Journal)

Isabelle Bousquette / Wall Street Journal : An AI-generated TikTok parody of reality series Love Island, called Fruit Love Island, averag...