Google Ventures (GV) has once again led an investment round for London-based AI legal startup Lawhive. The investment arm of the tech giant led the startup’s £9.5m seed round earlier this year and is back leading its $40m Series A. The fresh funding will support the company’s expansion into the US. “By augmenting the work ... Read more ›
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Checkout.com has appointed the former finance chief of Visa Europe as its interim CFO as incumbent Nirupam Sinha prepares to depart. Philip Symes will take over the finances of digital payments firm Checkout.com on an interim basis as Sinha, who was appointed to the CFO role three years ago, will leave the company later this ... Read more ›
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Sokin, a British payments firm backed by Morgan Stanley and former footballer Rio Ferdinand, will expand into the European Union (EU) through the acquisition of Norwegian fintech Settle. The acquisition of Settle will give Sokin access to its European EMI licence – regulatory approval to provide payment services in Europe. Settle, which launched in Oslo ... Read more ›
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Vodafone’s blockbuster merger with Three to form the biggest mobile telecoms operator in the UK has been cleared by the competition regulator, 18 months after the tie-up was first announced. The Competition and Markets Authority (CMA) said it “considers that if VUK and 3UK commit to their proposed network investment programme, the Merger is likely ... Read more ›
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Gregg Wallace has been suspended from a top private members’ club in central London after a spate of allegations emerged about the past behaviour of the TV star, UKTN can reveal. Marylebone-based Home Grown, a club popular with tech entrepreneurs and investors which counts several Dragons Den stars among its membership and ambassadors, took the ... Read more ›
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The rollout of 4G infrastructure across the underground sections of the Elizabeth Line is now complete as London’s transport board continues its sluggish implementation of the technology across the capital’s network. The completion means Transport for London (TfL) now offers mobile coverage in some or all of the Elizabeth, Central, Victoria, Northern and Jubilee lines. ... Read more ›
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Revolut CEO Nikolay Storonsky has bashed the prospect of listing shares in the UK over the US, in the latest blow to the London Stock Exchange. Storonsky, who co-founded the fintech with Vlad Yatsenko in 2015, said it was “not rational” to opt to float in Britain, given the advantages of the US public markets. ... Read more ›
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Learning Technologies (LTG) is set to become the latest tech company to depart the London Stock Exchange after agreeing to a takeover by US private equity giant General Atlantic. The offer price of 100p per share represents a 34% premium on Learning Technologies’ share price as at end September and values the edtech firm at ... Read more ›
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The finance chief of fitness ecommerce giant Gymshark has left the company two years after his appointment. In a Companies House update on Tuesday, it was revealed that Matthew Dunn had been removed as a director. There was no announcement from the company itself. The former ASOS chief operating officer joined Gymshark in 2022, replacing ... Read more ›
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Panasonic has opened its first hydrogen-powered plant in Europe at a microwave factory in Wales as the Japanese electronics firm’s transition to green energy gathers pace. The 50-year-old manufacturing plant in Cardiff, which produces around £50m worth of microwaves per year, has been fitted with 21 5KW fuel cells powered by green hydrogen, alongside solar ... Read more ›
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Microsoft is facing a £1bn legal action in the UK over allegations it has been unfairly up-charging customers who use rival cloud providers. A claim has been filed to the Competition Appeal Tribunal accusing Microsoft of charging higher licensing fees for Windows Server to users of rival cloud computing providers. The claim alleges that British ... Read more ›
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Venture capital firm Molten Ventures has secured a more than 7x return from its latest exit after disposing of its stake in investment in file management company M-Files. The London and Dublin-listed investor said the exit has brought its total realisations for the financial year to £124m, a quarter higher than the guidance provided at ... Read more ›
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The Cybersecurity and Resilience Bill, unveiled in July’s King’s Speech, is a crucial step in addressing a pressing issue: the UK’s cyber defences are alarmingly vulnerable. Recent disruptions, including those affecting Sellafield nuclear plant, St John’s Ambulance Service, and the NHS, paint a concerning picture of our security. These incidents reveal serious flaws that require ... Read more ›
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Elkhan Nasibov, Chief Compliance Officer and MLRO at global financial service company Guavapay, discussed the rise of payment fraud and how it can be tackled. Why is payment fraud so prevalent now more than ever? Elkhan Nasibov: There’s an inherent irony in the fact that as technology advances and payment capabilities increase, so too do ... Read more ›
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With so many startups vying for investment, it can feel like something of a lottery as to which founding teams secure funding. It’s a little bit about the product and strategy, it’s a lot about networking and who you know, but, beyond that, are there particular traits that make a founding team more likely to ... Read more ›
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This week’s podcast guest is Dame Jayne-Anne Gadhia, former CEO of Virgin Money, who discusses transitioning from running a major financial institution to founding a startup, working with Sir Richard Branson and why in fintech, there’s too much emphasis on tech over finance. Gadhia has held numerous prominent roles throughout her career, including CEO of ... Read more ›
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London-listed Bitcoin miner Argo Blockchain has raised £4.2m through the sale of new shares to an institutional investor. The company will issue 76.9 million ordinary shares at a purchase price of 5.5p each for the unnamed investor. Argo Blockchain said the proceeds from this will support the relocation or sale of its Bitcoin mining equipment ... Read more ›
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A startup in London developing AI analytics technology for debt capital markets has closed a $50m (£39.3m) Series B round. Based in the City, 9fin is looking to expand its debt capital markets analytics platform, having so far reached more than 200 institutional customers with combined assets worth over $17tn. The group has put a ... Read more ›
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The introduction of “virtual passports” for businesses could save the UK economy £600m lost in financial crime as global digital ID spend is projected to reach fresh highs of $26bn, according to new research. The Centre for Finance, Innovation and Technology (CFIT), a government-backed private sector-led body examining opportunities for the British fintech sector, has ... Read more ›
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Amid an AI arms race and growing use of big data-fuelled analytics, the CEOs who navigate their companies through the choppy waters with a steady hand on the tiller will be those with appreciation for tech skills. But current trends indicate that these are few and far between. Less than half of Chief Data Officers ... Read more ›
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15.05.2026 02:25
Last update: 02:20 EDT.
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