You may be well-established in European markets or have broken into the US or Asia, but launching a business in Africa is an entirely different challenge. There are several ways for a European scaleup to approach African expansion and finding out which one fits your business is at best complex and at worst a near-insurmountable ... Read more ›
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London-based fintech startup Fintern has raised £8m in a Series A funding round led by international investment firm Hambro Perks. The latest capital injection brings Fintern’s total funding to £40m. Fintern plans to use the fresh funds to expand its business in the UK and add new members to its team. The startup is currently ... Read more ›
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M3ter, a London-based startup that provides a usage-based subscription service for software products instead of a flat rate, has raised $17.5m (£13m) to exit stealth mode. The startup said it will use the fresh capital – provided by Kindred Capital, Union Square Ventures and Insight Partners – to grow its team in Europe and the ... Read more ›
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Oxford-based Orthox, a medtech company using silk proteins to make implants to replace damaged knee articular cartilage, has raised $4.3m (£3.2m) to close a $12.5m (£9.2m) Series A round. The latest capital was provided by Parkwalk, a growth fund that invests in technologies that emerge out of UK universities and research institutions. Parkwalk joins existing ... Read more ›
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London-based no-code startup Actable AI has raised $1.2m in a pre-seed funding round led by venture capital firm Begin Capital. Charlotte Street Capital, Malta Enterprise, and some angel investors from the UK, the US and Singapore also participated. The startup will use the fresh funds to launch its solution and gain more customers. Founded in ... Read more ›
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Payments firm GoCardless has raised $312m (£230m), giving it a valuation of $2.1bn (£1.55bn) and making it the latest UK fintech to achieve unicorn status. The Series G round was led by Permira, which has previously backed buy now pay later firm Klarna. BlackRock Private Equity Partners, a new investor, also provided capital. GoCardless, which ... Read more ›
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Nvidia has abandoned its $40bn (£29.6bn) takeover of Cambridge-based chip designer Arm due to “significant regulatory challenges”. Arm, widely regarded as the “crown jewel” of the UK tech industry, will instead pursue an IPO. US-based Nvidia first announced plans to acquire Arm from Japan’s SoftBank in September 2020, but the deal has been impeded by ... Read more ›
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SIS Ventures has launched a second fundraising round to raise up to £5m to support Scotland’s high-impact, early-stage businesses. SIS Ventures’ Impact First fund gives investors the opportunity to invest in Scottish businesses whose social and environmental impact is aligned to the United Nations Sustainable Development Goals (UN SDGs). The Scottish impact investor provides investment ... Read more ›
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With a global Spanish speaking health market valued at $276bn waiting for your products and services, and the ideal conditions to successfully position ambitious biotech and life science companies to seamlessly enter this market, Catalonia Trade & Investment recently organised a selection process for UK firms. It gave ambitious UK life science and biotech companies ... Read more ›
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UK-based alternative finance provider ThinCats has secured an additional £100m from Insight Investments to support SMEs in their recovery from the Covid-19 pandemic. It follows asset manager Insight’s £300m funding deal with ThinCats in 2018. It brings the total capital available to be loaned out to £650m. Founded in 2010, ThinCats is an alternative finance ... Read more ›
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Seed-stage venture capital firm SuperSeed is looking for UK business automation startups to back with a fund that’s targeting a £50m close. The London-based VC has so far raised £31m of its Fund II and plans to invest between £500,000 and £1.5m into 30-35 B2B software companies over the next three to four years. Founded ... Read more ›
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An NHS-backed competition has awarded eight late-stage innovation projects a total of £9m in funding to develop cancer diagnosis technologies. The funding was awarded by SBRI Healthcare, an NHS improvement initiative that has supported over 200 companies to develop technologies designed to address unmet health needs. SBRI Healthcare, in partnership with the NHS Cancer Programme ... Read more ›
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UK investment firm Abrdn has been forced to delay a shareholder vote on its £1.5bn takeover of Interactive Investor because of a paper shortage. Edinburgh-headquartered Abrdn is required by UK takeover rules to send paper documents to its more than one million retail investors. The asset manager had hoped to hold a shareholder vote on ... Read more ›
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Digital recruitment platform Sova Assessment has closed $9m (£6.6m) in a growth funding round from Octopus Ventures. Founded in 2015 by Alan Bourne, Sova Assessment provides a mobile-friendly digital platform that uses AI to assess job candidates. Sova Assessment will use the latest capital injection to accelerate expansion plans and further develop its assessment platform. ... Read more ›
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London-based cybersecurity services provider Cynomi has secured $3.5m seed funding to scale its R&D efforts and expand its presence in UK and US markets. The investment came from Flint Capital, SeedIL, Lytical Ventures, and a group of business angels, including Nir Giller, co-founder of Microsoft-owned CyberX. The startup, which provides virtual chief information security officer ... Read more ›
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UK fintech Railsbank is in the process of raising $100m (£74m) in new funding that is likely to put its valuation over $1bn, according to reports. Sky News reports that Railsbank, which provides embedded finance and open banking services, is working with investment bank FT Partners on the funding round. If the funding round pushes ... Read more ›
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Rajeeb Dey is the founder and CEO of Learnerbly, a workplace learning marketplace for upskilling employees. Dey, who received an MBE at the age of 30 for services to entrepreneurship, founded Learnerbly in 2016. The edtech startup curates personal and professional development resources from over 250 suppliers in the form of e-learning, books, coaching, courses ... Read more ›
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British challenger bank Monzo is introducing a three-month paid sabbatical for its employees in the latest example of companies revamping working practices to attract and retain top talent. Staff who have worked at the digital bank for four years will be able to take a total of three months’ paid leave, either in one block ... Read more ›
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UK-based insurtech startup Percayso Inform has raised £3.4m in a funding round led by Manchester-based venture capital investor Praetura Ventures. The company will use the fresh funds to accelerate its product development and move into new sectors in the UK insurance market. Launched in 2019, Percayso offers provides clients with access to insurance information services ... Read more ›
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If you’re planning to change jobs in 2022, then you have certainly come to the right place. Our job board is bursting with amazing opportunities this year, and we’re excited to share them with you. This week, we’re shining a spotlight on some of the brilliant fintech companies that are hiring in the UK over ... Read more ›
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Most popular sources
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21.06.2026 22:18
Last update: 22:11 EDT.
News rating updated: 05:10.
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