Billionaire businessman Sir Len Blavatnik is investing $4.3bn (£3.2bn) into DAZN, with the online sports media company exploring moves into non-fungible tokens (NFTs), gaming and betting. Blavatnik’s multinational industrial group Access Industries, which is the principal shareholder of DAZN, has confirmed its acquisition of over $4bn worth of new shares in the London-based company. Prior ... Read more ›
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Umazi, a London-based startup automating enterprise identity verification, has closed a $1m (£730,000) pre-seed funding round from government-backed Innovate UK and angel investors. The funding, shared exclusively with UKTN, will be used for product development and market growth in the UK, South Africa and Mauritius. Umazi’s platform uses distributed ledger technology – a decentralised database ... Read more ›
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Proteus, a data-driven consultancy firm, has announced the acquisition of business software development company Sharktower. Edinburgh-based Sharktower is an “intelligent change delivery platform” that provides businesses and other organisations with AI-driven project management software. As part of the acquisition, Proteus will incorporate Sharktower’s signature work management program into its suite of services that it provides ... Read more ›
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London-based fintech Nous has raised $9m (£6.6m) in a seed funding round to develop its platform for aggregating the cost of living data in areas such as energy, insurance and broadband. The round was led by Mosaic Ventures and saw more than 65 angel investors provide capital. Among them were Monzo and GoCardless co-founder Tom ... Read more ›
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Cryptojacking attacks – in which cybercriminals covertly hijack computers to mine and steal cryptocurrencies – soared by 564% in the UK last year, data has shown. According to a report from cybersecurity company SonicWall there were 436,000 UK cryptojacking attacks in 2021, compared to 66,000 instances in 2020. SonicWall chief executive and former advisor to ... Read more ›
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The number of active UK open banking users has now surpassed five million – just four years after the practices were made a regulatory requirement in the UK. Data from the CMA9 – consisting of the nine banks and building societies part of the Competition and Markets Authority (CMA) order to implement open banking – ... Read more ›
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Sean Nolan is the founder and CEO of Blink, an enterprise IT platform for frontline workers. Nolan founded Blink in 2014 after he saw a gap in the market for an HR and employee engagement system designed for non-office workers, such as bus drivers and health workers. It has hundreds of customers across healthcare, logistics, ... Read more ›
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The UK’s financial watchdog has expressed concern over a deal cryptocurrency exchange Binance made with fintech company Paysafe, which allowed it to resume GBP transactions using the Faster Payments network. Last summer the Financial Conduct Authority (FCA) banned Binance from conducting regulated activity in the UK over fears that consumers were not sufficiently protected. Banks, ... Read more ›
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If you’re based in the UK and looking to add Ethereum to your investment portfolio – this guide will show you how to complete the process with an FCA-regulated broker. On top of explaining how to buy Ethereum in the UK, we’ll also discuss what the future holds for this crypto project in terms of ... Read more ›
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Bitcoin has remained a favourite topic among crypto traders since the premier digital asset launched in 2009. Following a remarkable growth in 2021, Bitcoin has stirred interest among retail and institutional investors, with many searching for the best Bitcoin account to start their journey in 2022. Several top platforms allow investors to own a Bitcoin ... Read more ›
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Venture capital investment manager Deepbridge Capital is opening a £1m tranche for its Deepbridge Innovation SEIS fund to invest in early-stage UK tech startups. Deepbridge’s seed enterprise investment scheme – or SEIS – fund will allow private investors access to a pool of UK tech startups that are at an early investment stage. The scheme ... Read more ›
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If you’re wondering how to buy XRP in the UK – you can complete your purchase in less than five minutes with an FCA-regulated cryptocurrency broker. This guide will walk you through the investment process every step of the way so that you can buy XRP in safety. How to Buy XRP UK – Quick ... Read more ›
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If you’re wondering how to buy XRP in the UK – you can complete your purchase in less than five minutes with an FCA-regulated cryptocurrency broker. This guide will walk you through the investment process every step of the way so that you can buy XRP in safety. How to Buy XRP UK – Quick ... Read more ›
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Shiba Inu is now one of the most in-demand digital currencies in the UK – not least because the crypto asset has generated huge returns since it was launched into the market in 2020. If you’re interested in adding this in-demand meme coin to your portfolio – this beginner’s guide explains how to buy Shiba ... Read more ›
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Investment in UK cybersecurity companies surpassed a record £1bn in 2021, a 25% increase on the year prior. Government figures show that UK cybersecurity investment last year was spread across 84 companies. Among those were Bristol-based Immersive Labs, which raised £53.5m in a Series C round, and London’s Tessian, which secured more than £52m in ... Read more ›
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Telecommunications company BT has announced a £30m investment into UK startup Distributed, which provides businesses with on-demand access to a pool of freelance software developers. BT signed the £30m deal in exchange for full access to Distributed’s workforce to support its digital transformation goals. BT will use Distributed to rapidly bring together a variety of ... Read more ›
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International payments firm TransferGo has sold a €6m (£5m) stake to a group of investors led by Danish fund Nordic Secondary. The share sale forms part of the London-headquartered company’s ambitious plan to scale up by five times over the next four years, as well as its goal of expanding its product offering to include ... Read more ›
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Gaia, an IVF insurance technology company, has closed a Series A funding round of $20m led by UK venture capital firm Atomico. London-based Gaia specialises in IVF insurance and uses predictive tech to measure the likelihood of clients being able to successfully complete the IVF process. Gaia will use the funding to scale up its ... Read more ›
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UK fintech Atom Bank has raised £75m at a £435m valuation as it gears up for an initial public offering (IPO) that’s “likely” to take place next year. The raise is being led by the digital bank’s two biggest shareholders, BBVA and Toscafund. Infinity Investment Partners also provided funding and Atom Bank has opened the ... Read more ›
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UK electric vehicle (EV) battery startup Britishvolt has secured a £40m investment from mining company Glencore as part of a wider funding round targeting a £200m close. The West Midlands-headquartered company will use the funds to develop its battery manufacturing facility, which the company claims will be able to produce enough battery cells for 300,000 ... Read more ›
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21.06.2026 19:57
Last update: 19:51 EDT.
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