00:18:17 · Robin Walters
Experian also made headlines by acquiring ClearScore, which has built a platform that offers you a credit score, which it then uses to suggest financial products like credit cards that fit the bill. Experian is acquiring UK based Clearscore for about $385,000,000 US dollars plus an unspecified earnout based on future performance. The deal is expected to close later this year. Clearscore has around 6,000,000 users and has only disclosed around 15,600,000 in funding. So this deal appears at least to provide a very, very nice return for its investors. German automaker Daimler meanwhile has coughed up about €70,000,000 to buy the remaining 25% of car sharing company, Kart2Go, that it did not already own, valuing the startup thus at €280,000,000 And finally we have SK Telecoms, which has acquired Switzerland based ID Quantique, which is a company that provides quantum safe cryptography solutions. The South Korean telco bought over 50% majority share of the firm for about 70,000,000,000 won, which is about 65,000,000 US dollars. That's it for this edition of the podcast. I really hope you enjoyed it. And we'll be back soon with a new episode. If you can, you should also check out a few events that we are partnering with in the coming months. Firstly, we're co organizing a conference on cryptocurrencies, ICOs, and blockchain technologies. The event is called Crypto Capital World and the first summit will take place on twenty five and twenty six April in Fylnius, Lithuania. The website is simply cryptocapitalworld.com. And the second event we'd like to feature is the Ant Summithem Festival in Leuven, Belgium, which is promising to be a one of a kind event at the intersection of health, tech, and creativity. And that one takes place from two to five May. The website is Andleuven, that's A N D L E U V E N Dot Com. That's it, folks. Please subscribe to this podcast if you haven't already. Tell all your friends and enemies about it, and follow us on Twitter. We're at tech underscore eu or Facebook for regular updates on all things European tech. Thank you for listening. This is Robin Vloggers. Checking out. Ciao.