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BBVA invests in a Brazilian neobank. Amadeus posts €305m profit. Nauta invests €4.2m in Finnish startup.

July 7, 2019 • Issue #113

360 Talent es la primera consultora de RRHH de España, que desde el año 2013 cuenta con una división especializada en startups. Somos expertos en procesos de selección en el área IT (fullstack, back-end, front-end, mobile, DevOps…), online marketing, operaciones, ventas, logística, finanzas, así como todas las posiciones C-Level. Nuestro objetivo es seguir creciendo con tu empresa! ¿Hablamos?

Investor & accelerator news 🚀

  • BBVA’s independent capital venture firm, Propel Venture Partners, invested in Brazilian neo-bank Neon
  • Startup accelerator and investor The Venture City is looking for companies to back in multiple countries
  • Finnish Smarp raised €4.2 million from Nauta Capital for its workforce communication platform
  • CITA Emprende is looking for 10 companies for its San Sebastian startup competition

Startup news 💡

  • Gibraltar-based Easy Payment Gateway signed a partnership with Jobandtalent to manage their international payments system
  • Competition increases for Cabify in Latin America as Chinese giant Didi enters Brazil and Mexico. La Información looks at the competitive landscape for the Spanish transportation giant
  • La Informacion looks at Scytl’s current health after a troublesome 2016/17
  • El País interviewed Oscar Pierre, CEO of Glovo: “In the future people will have multiple sources of income”
  • Mr Jeff opens its first proprietary launderette retail stores in Spain, as the company also continues its expansion in Latin America via Colombia, Argentina and Chile
  • Avancar now has 340 vehicles available in Barcelona, as the company awaits the local government to pass new car sharing regulation
  • Barcelona’s ABA English partnered with MIT on English proficiency test using Alexa
  • Pangea Aerospace, Eliport and Moov: three early stage Barcelona startups that could have a huge technological impact
  • Startup profiles: Medicsen (health), VenuesPlace (marketplace), AgroPestAlert (agritech), Wuolah (edtech)

Big company news 🏦

  • Travel company Amadeus posted a profit of €305 million in Q1 2018, a 4.3% year-on-year uplift
  • Schibsted Spain increased its revenues by 18% in Q1 2018, reaching €38 million
  • La Informacion looked at the shut down of Yahoo Spain last year
  • Orange moved from sponsoring the Spanish professional basketball league to the world of esports: Xataka takes a look at their results after two years

Interesting reads 🤓

  • Sun, sea and success: In emerging startup destinations such as Barcelona, the biggest innovation of all is quality of life
  • Less than 15% of Spaniards do not have a smartphone nor access to the internet
  • From Gigas to Nexica: Kippel01 looked at various Spanish companies in the cloud computing sector
  • Miguel Arias (Telefonica, formerly of Carto): ’Early thoughts on open innovation
  • Navarra Capital profiled Laura Urquizu, CEO of RedPoints
  • Who is behind the majority of VTC licenses (the ones Cabify and Uber need to operate) in Spain? According to El Confidencial, several tech investors who see in VTC licenses a good business opportunity

Podcasts of the week 🎧