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Tech.eu was launched in 2014 by a team of writers and entrepreneurs with a knack for quality reporting. The publication is devoted to highlighting the innovation that is happening all across Europe, and reporting on the trials and tribulations of its technology industry from a big-picture perspective.

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Russia’s Finstar to invest $150 million in fintech startups over five years

Russian private equity firm Finstar has announced plans to invest $150 million in fintech startups over the next five years. Finstar will invest between $500,000 and $30 million in three to six deals a year in seed and Series A rounds, said Oleg Boyko, chairman of Finstar (pictured). The firm isn’t new to fintech investments, having previously backed …

Russia’s Finstar to invest $150 million in fintech startups over five years Read More

OneTwoTrip raises $4 million in funding from Vostok New Venture

OneTwoTrip, the Russian travel booking website operating in Russia, Europe and CIS, has secured $4 million in fresh funding from Vostok New Ventures. The deal was disclosed in the nine-months report of the Swedish fund. Launched in 2011, the startup offers online booking of flight tickets and hotels. The startup raised $25 million in two rounds from Phenomenon Ventures and Skype …

OneTwoTrip raises $4 million in funding from Vostok New Venture Read More

Airbnb hooks up with Russia’s Ostrovok in first-of-its-kind booking partnership outside the US

Moscow-based Ostrovok.ru, which runs a online accommodation booking service that has become very popular among Russian speakers worldwide, has struck a partnership with US-based community-driven lodging marketplace company Airbnb. The agreement will make it possible for users of Ostrovok.ru, which just picked up a $12 million round on top of the $25 million secured earlier to support its international expansion ambitions, …

Airbnb hooks up with Russia’s Ostrovok in first-of-its-kind booking partnership outside the US Read More

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