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Stuart Neal, CEO of London-listed fintech Boku is “really pleased” with the group’s half-year results, having posted a revenue bump of 24%. Boku is a localised payment solutions provider with products including mobile payments and digital wallets. The group, which listed on London’s AIM exchange in 2017, reported revenue of $47.3m (£35.4m) for the six ...
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PayPay and Alipay+ announced an extended partnership at the Singapore FinTech Festival 2024, to increasing merchant coverage across Japan. PayPay, Japan’s leading QR payment operator, and AliPay+, Ant International’s mobile payment method that helps merchants reach shoppers in Asia, will now connect over three million local merchants to the global payment ecosystem. The extended partnership... Read more » Read more ›
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London’s transport board has vowed to take legal action against e-bike rental operators whose cycles get in the way of pedestrians and vehicles as it steps up efforts to combat obstructed pathways. Under updated guidance on dockless e-bike and e-scooter rental published today, Transport for London (TfL) has warned it will impound vehicles that get ... Read more ›
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A ‘myopic’ focus on concerns over equity splits in university spin-outs has been ‘put to bed’ one year on from the publication of a government-commissioned review, one of its authors has said. Doctor Andrew Williamson, Managing Partner of Cambridge Innovation Capital and co-author of the independent review of university spin-out companies, said concerns over the ... Read more ›
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HSBC Innovation Banking has poached Citi star Emily Turner as its new CEO as the lender at the centre of Britain’s tech ecosystem marks a new chapter in its growth. Turner departs her role at Citi as Head of Business Development, ending a 13-year career at the top US bank. Over the past decade, Emily ... Read more ›
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A clean tech startup is converting sawdust and woodchips into natural alternatives to essential chemicals in an effort to reduce the reliance on fossil fuel-derived products. Scotland-based Sonichem is working towards opening its first commercial plant in 2027, aiming to process up to 15,000 tonnes of forestry material a year as the UK government looks ... Read more ›
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Chris Ballance is the co-founder and CEO of Oxford Ionics, a startup developing a “trapped-ion” approach to quantum computer technology. In this week’s Founder in Five Q&A, Ballance discusses why founders should focus on the challenges they don’t understand as much as those that they do, motivating teams with a vision they can believe in and ... Read more ›
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In May 2024 UKTN released a regional tech report in partnership with KPMG putting a spotlight on the innovation, strengths and challenges faced by the Scottish tech industry. To explore the topic further, UKTN and KPMG brought together a group of experts in all things Scottish tech for a panel discussion on how the local ... Read more ›
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The cryptoasset market has surged these past few weeks, fuelled no doubt by the electoral victory of the newly pro-crypto Donald Trump and the elevation of longtime blockchain advocate Elon Musk to presidential confidant. Musk’s preferred coin Doge, for which his unofficial cabinet role as head of the Department of Government Efficiency was named, jumped ... Read more ›
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Revolut’s new network of vending machines could soon make their way to the UK after a successful European rollout. The machines, which offer free debit cards to prospective customers, have already been installed across a host of European airports including in Milan, Rome, Porto, Brussels and Helsinki. Revolut, which gained a provisional UK banking licence ... Read more ›
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The value of venture capital deals and valuations in the UK in the third quarter of the year is pacing above 2023’s full-year figures, though the number of rounds appears to have dropped, according to a new report. The European VC Valuations report from PitchBook found that the venture capital market has shown a promising ... Read more ›
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This week’s UK tech funding deals include travel analytics platform Lighthouse, e-waste recycling group DEScycle, X-ray innovator Silveray and more. UKTN tracked £343.2m worth of UK tech investment this week (18 November to 22 November), a 162% week-on-week increase across eight funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Lighthouse – ... Read more ›
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Most popular sources
Business Insider | 24% 7 |
The Verge | 9% 3 |
Tech Wire Asia | 8% 1 |
Android Authority | 8% 5 |
Tom's Hardware | 7% 5 |
View sources » |
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27.11.2024 11:56
Last update: 11:51 EDT.
News rating updated: 18:51.
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