Banking app Pockit picks up further £2.9M as it readies new remittance service

 Pockit, a mobile banking app that provides current account functionality and is targeting the U.K.’s “underbanked,” has picked up £2.9 million in further funding and will soon begin rolling out a remittance service to make it easier for its users to send money abroad. Read More

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Dave wants to save you from expensive overdraft fees

 Meet Dave: an AI dressed up in a bearsuit that’s just launched to save you from the evils of expensive overdraft fees. Hand Dave access to your checking account and the app’s machine learning algorithms will get busy crunching your spending data so the bear can warn you about pending transactions which might push you into the red and incur an expensive bank penalty. Read More

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Immuta adds accountability and control for project-based data science

 Fresh off $8 million in Series A financing, Immuta is releasing the second version of its data science governance platform. With the democratization of machine learning comes new risks for businesses that have too many workers manipulating data sets and models without oversight.  The Immuta platform helps companies maintain an understanding of how digital assets are applied and shared across… Read More

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HR and employee benefits platform Hibob raises $17.5M led by U.S.-based Battery Ventures

 Hibob, a HR and employee benefits platform for small to medium-sized businesses, has raised $17.5 million in Series A funding. Leading the round is U.S. VC firm Battery Ventures, with participation from Arbor Ventures, and Fidelity’s Eight Roads Ventures. Existing backer Bessemer Venture Partners also joined the round, which brings total funding for the U.K. and Israel-based startup to… Read More

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Babylon Health raises further $60M to continue building out AI doctor app

 Babylon Health, the U.K. startup that offers a digital healthcare app using a mixture of artificial intelligence (AI) and video and text consultations with doctors and specialists, has raised $60 million in new funding. Read More

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Juicero may be the absurd avatar of Silicon Valley hubris, but boy is it well engineered

 The Juicero story is a funny one in some ways and a sad one in others, so let’s just assume they cancel each other out and admire the machine itself in a nice judgment-free moral vacuum. Read More

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