TransferWise, the peer-to-peer online currency exchange that aims to give banks a run for their money with its flat-fee exchange rate, has announced that it’s seen $1m worth of transactions in three months since launch.

These have come from consumers-only since until now TransferWise wasn’t available to business customers. Today that changes after the company responds to the fact that business-to-business currency transfers were by far the most requested feature to-date.

Interestingly, of that $1m that has passed through TransferWise’s system, 70% were repeat customers, while transactions took place across almost all Eurozone countries in addition to the UK, Poland and Latvia.

Spotify, the music service Americans don’t get to enjoy, announced several very cool new features today. The European music service is rolling out new versions of its desktop and mobile apps today, which will allow all users (even those pesky ad-supported freeloaders) to sync Spotify desktop tracks with mobile devices, be they iPods, iPhones or Androids.

And just in case it wasn’t clear whether or not Spotify intends to compete directly with iTunes, Spotify is also introducing its own music store, or “download service”, in which users can buy a range of MP3 “bundles” at 10 songs for roughly 8 pounds. Or 100 songs for 50 pounds.

Social networking is definitely no longer targeting just the young adult demographic – and Kima Ventures wants a piece of the larger social networking pie. Xavier Niel and Jérémie Berrebi’s seed fund has just announced a $150K investment in YellowBrck, a Foursquare-like social network for parents.

Hey, remember those Italian guys who spent 2 years trying to get their startup funded in Italy and raised $101K in 19 days when they arrived in the States? There’s a tendency on this side of the Atlantic to criticize European investors but it turns out they may not be so different from their American counterparts after all. The proof? It has just surfaced that Jimmy Fairly – a brand new “buy one give one” startup that was born at Startup Weekend Toulouse in November – managed to score €200K in just 3 weeks.

Friendfund, the group payments startup that lets friends club together to make a purchase, has announced an undisclosed round of funding from a group on Angel investors described as, well, friends (I’m not making this up). The investment was led by Bjoern von Siemens in partnership with Linden VC.

However, cheesy PR aside, Friendfund is operating in an increasingly crowded and hot space right now. The Berlin-based startup competes with a host of sites that enable friends and other groups of people to club together to raise money for a purchase or occasion, most of which are probably better funded. These include WePay, The Gifts Project and Giftiki, who have all taken not insignificant investment.

Buffer, the app that makes it easy to schedule tweets, has announced that its users have sent 100,000 tweets in just four months since launch.

That’s a number, however, that’s hard to put into context perhaps, given that the service actively encourages more tweeting, albeit in a way that’s designed to annoy your followers less, but it does indicate traction for the bootstrapped startup. In addition, founder Joel Gascoigne candidly tells TechCrunch Europe that Buffer amassed 1,000 users in its first three and a half months and is currently adding around 100 users a day, while to date the service claims 5,400 users in total, 175 of which are paying customers.

We wrote about Dapsem when they showed off their to-be-launched iPhone app at Techonomy3 in Tel Aviv a few weeks ago. I was impressed by the simplicity of the app, which simply allows you to give a maximum of three ‘daps’ (like a Facebook Like) a day to something or someone you want to praise or just acknowledge.

It is a stupidly simple concept but one which has lots of potential to scale and become another kind of reputation system. It’s now live in the app store so check it out [iTunes link]. Writing LinkedIn Recommendations for people or reviews of Yelp is just too hard – Dapping someone with Dapsem is easy.

Recently, Paris-based Tigerlily seemed like it was slipping under the radar. It’d been a while since we’d heard anything from the company that we suggested Nestlé take a look at when the brand came under fire on social media platforms last year. Tigerlily had also caught a bit of attention before, as it was a finalist for LeWeb in 2009 and the Europas last year. But the startup that specializes in social marketing or Facebook fan page solutions has just announced that it has raised €900K or $1.3 million.

While the world concentrates on Sohaib Athar (@ReallyVirtual on Twitter), the lone Twitter user in Abbottabad when US forces landed to take out Osama Bin Laden, there was one other Twitterer not far away trying to work out what was going on in his home town and fearing for his relatives’ safety.

Mohcin Shah, 26, lives in Rawalpindi in Pakistan, 110 km from Abbottabad. Tweeting as @m0hcin, he was the only other Twitter user in the locale both online and covering the OBL raid at the time.

Speaking exclusively to TechCrunch, Shah told how, as a telecom engineer, he has been following startups for some time, hence his interest in Twitter and social media.

Google users have been busy as the news of the raid on Osama bin Laden’s mansion was breaking. A pretty large large compound on Google Maps in the city of Abbottābad, northern Pakistan has been picked out by users as being the genuine article – and with huge walls around it, it does indeed look quite suspect.

Whether or not it is the genuine article is unknown, but that is not stopping people leaving a slew of comments on the ‘venue’s Google Places page.

Some choicer reviews include:

“Heat sources are undeniable. This place is blazing! ”

Yesterday Sohaib Athar (@ReallyVirtual on Twitter) was just “an IT consultant taking a break from the rat-race by hiding in the mountains”, specifically Abbottabad, northern Pakistan.

The IT contractor and graduate of Preston University also says he’s a ‘startup specialist’ on his LinkedIn profile, but now owns a coffee shop.

But today he will become known as the guy who, while live-tweeting a series of helicopter flypasts and explosion, unwittingly covered the US forces helicopter raid on Osama Bin Laden’s compound. And he knows it. Here’s a selection of his Tweets: