

Big rounds for Checkout.com, Swile and Cazoo, and our interview with Black Swan CEO Steve King
Jun 29, 2020
21:31
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