London-headquartered fintech Sidekick has raised £3.3m in a pre-seed round for its investment management app. Sidekick will use the pre-seed raise for developing its platform, growing its asset management team, and gain regulatory approvals. Both stocks and cryptoassets will be available for trading on the app, with the option for users to borrow against their ... Read more ›
3
London-listed fintech Wise has secured £300m in new financing, in the form of a syndicated debt facility arranged by California’s Silicon Valley Bank (SVB). The debt investment featured participation from six banks in addition to SVB. Wise said the cash will be to fund growth plans but did not go into any specifics. Founded in ... Read more ›
0
Virtual reality startup Pixaera has raised $5.7m (£4.9m) in an early-stage funding round for its VR gaming for enterprises platform. Founded in 2010, Pixaera is trying to gamify workplace training by applying the principles and mechanics of VR gaming to businesses looking to upskill their workforce. VR workplace training has grown in popularity as the ... Read more ›
16
Oxford Medical Simulation has secured £2.1m in funding for its virtual reality (VR) training platform for healthcare professionals. Its training software can provide “hundreds” of different medical scenarios to give medical staff practice without real patients. A traditional training facility, where scenarios are acted out with real people, can give approximately 200 simulations a month. ... Read more ›
27
Hydrogen is everywhere. It is the most abundant element in the universe. The problem? It’s scarce as a gas, the form in which it’s needed to provide clean fuel to homes and businesses. On Earth, hydrogen is found in the greatest quantities as water. But the two primary ways of splitting hydrogen and oxygen atoms ... Read more ›
30
Global venture capital firm Antler has made a £960,000 pre-seed investment into eight UK technology startups. Shared exclusively with UKTN, each of the eight startups, which operate in areas including fintech, ecommerce and data analytics, will receive £120,000. Speaking to UKTN, Ollie Purdue, partner at Antler, said: “In every Antler cohort we work with exceptional founders ... Read more ›
0
Furniture ecommerce company Made.com has temporarily suspended new customer orders following the breakdown in talks with prospective buyers. As of this morning, customers visiting Made.com will be unable to make new orders, instead being met with a message reading “sit tight, we’ll be back soon”. The London-listed firm was in negotiations with a “select number ... Read more ›
0
It’s fast approaching 2023 and for many, thoughts are turning to a career fine-tune. With the IT and tech sectors in a constant state of flux, it can be difficult to know how to put your best foot forward. How do you predict the careers that will be in top demand in five years’ time? ... Read more ›
0
Rishi Sunak, Britain’s latest prime minister, has often come across as a tech-friendly Conservative – and not just because of his proclivity for smart mugs and time spent studying at Stanford in the heart of Silicon Valley. During his time campaigning for the Conservative Party leadership, and his tenure as chancellor of the exchequer under ... Read more ›
14
Legal tech startup Summize has secured a £5m Series A investment from YFM Equity Partners and Maven Capital Partners. Founded in 2018 by Tom Dunlop and David Smith, Summize’s ‘contact lifecycle management’ software creates and reviews legal contracts. The company claims it can shorten contract lifecycles for businesses by automating steps in the process. Its ... Read more ›
24
BlackRock has raised $4.5bn (£3.97bn) to create an investment fund focusing on climate infrastructure firms, following critiques against the asset manager’s fossil fuel investments. The new Global Infrastructure Fund IV will look to invest in companies across the low-carbon power, energy, transport and logistics, regulated utilities, and digital infrastructure sectors. The firm has previously been ... Read more ›
3
InMotion Ventures, the investment arm of automobile firm Jaguar Land Rover, has hired a new managing director to oversee future investments. Mike Smeed previously served as the vice president of finance at Chery Jaguar Land Rover, the firm’s partnership with Chinese car manufacturer Chery Automobile Co. “InMotion Ventures has an excellent reputation in the market, ... Read more ›
33
The Competition and Markets Authority (CMA) has cleared the merger between the London Stock Exchange Group (LSEG) and Quantile following an in-depth investigation. The CMA temporarily blocked the merger, worth around £274m, in May over concerns that the deal could be harmful to market competition. Founded in 2015, Quantile is a fintech firm that aims ... Read more ›
0
Buy now, pay later (BNPL) startup Tymit has raised £23m in a Series A round led by the Mike Ashley-founded firm Frasers Group. Founded in 2017, Tymit lets merchants it partners with offer customers installment payment options. “With this investment, we can expand our operations, bring new partners on board, and continue to help merchants ... Read more ›
0
The UK’s tech community has welcomed the appointment of Rishi Sunak as prime minister, with the former chancellor receiving a particularly warm reception from the fintech sector. Sunak, the first British Asian to hold the role, officially became prime minister on Tuesday following the resignation of Liz Truss last Thursday. The UK’s 57th prime minister ... Read more ›
0
UK-founded cybersecurity unicorn Snyk is reportedly laying off 14% of jobs in its global workforce, becoming the latest victim of the tech downturn. First reported by the Pragmatic Engineer’s George Orosz, Snyk has cited “headwinds facing the global economy” as the reason for cutting as many as 200 jobs. Founded in 2015 in London and ... Read more ›
11
London-based proptech startup Flyp has raised £5m in seed round of funding led by venture capital firm Outward VC for its property-selling platform. Its platform analyses a property to determine its current value and if any renovation work is required it is financed by Flyp and listed on its marketplace to estate agents. “The current ... Read more ›
1
The UK’s financial regulator has proposed new rules to reduce greenwashing in ESG investments in a shakeup that would affect how fintech companies label their products. The Financial Conduct Authority (FCA) said there would be restrictions on how words such as ‘ESG’, ‘green’ and ‘sustainable’ can be used in investment products. The proposals are designed ... Read more ›
0
The government must grant UK regulators heightened powers to keep Big Tech in check, according to a new report from MPs within the Business, Energy and Industrial Strategy (BEIS) Committee. In its report, the committee called on the government to follow through with the heavily delayed plans to turn the Digital Markets Unit (DMU) into ... Read more ›
29
Local authorities and elected mayors must play a bigger role in digital development if the UK is going to level up regional tech hubs, a tech trade association has recommended. A report published by techUK said that devolved governments and mayors should “publish and regularly update their digital strategies” and be given more “accountability” by ... Read more ›
18
Most popular sources
ScienceDaily
|
0% |
Tech Wire Asia
|
0% |
Ubergizmo
|
0% |
ArcticStartup
|
0% |
The Fintech Times
|
0% |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
16.06.2026 01:53
Last update: 01:46 EDT.
News rating updated: 08:41.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.