2021 has seen two major trends in the world of working – one far more obvious than the other. Remote working was a pretty major trend this year (no real surprise), with so many more companies making the decision to hire remote-only talent. The second stand out trend from 2021 has been FinTech, and the ... Read more ›
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Former executives of Scottish sports gaming platform FanDuel has raised $21M (approx £15.6M) funding in a Seed round to launch the world’s first decentralised sports betting company – BetDEX. Notably, it is the largest ever seed investment round by a UK startup. Who backed? The funding round was led by San Francisco-based crypto investment firm ... Read more ›
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Three local authorities in Merseyside have launched a data-led early support pilot called Merseyside Early Support Project. It has been designed to preemptively identify individuals that might benefit from social care support prior to falling into crisis or long-term care. It was developed by Graphnet and Liquidlogic – the two fastest-growing suppliers of social and ... Read more ›
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Charco Neurotech, a Cambridge-based medtech company, announced that it has raised a $10M seed investment round, co-led by technology investors Amadeus Capital Partners and Parkwalk Advisors. Other investors, including the University of Tokyo Edge Capital Partners (UTEC), MINT Venture Partners, and existing investors like Crista Galli Ventures, participated. According to Pitchbook, the financing is the ... Read more ›
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The retail sector in the UK has experienced 44 cyberattacks in the past year with one attack happening every eight days, claims new research by Keeper Security. As a part of the 2021 Cybersecurity Census Report, 77 percent of the retailers believe that the number of cyberattacks they face will surge in the next 12 ... Read more ›
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Shares, a Paris-based social and investing app, announced that it has appointed Harjas Singh as Co-Founder & Chief Product Officer. He joins Benjamin Chemla, Chief Executive Officer, and Françios Ruty, Chief Technology Officer as Co-Founder. Previously at Revolut, Harjas was Product Owner in the Wealth & Trading Department and led the Analytics & Core divisions ... Read more ›
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Talenthouse, the global platform connecting creatives with brands and celebrities, Vodeno, a cloud-native Banking-as-a-Service provider, and Aion Bank, a European licensed digital bank and credit institution regulated in Belgium, today announced that they have joined forces to launch embedded banking services for creatives in Europe. Talenthouse, which has a diverse global network of more than ... Read more ›
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London-based digital identity provider Yoti is partnering with Galaxkey, an end-to-end email encryption platform, and Image Analyzer, a messaging platform that detects explicit content before it is sent, rather than after the fact. With these partnerships, Yoti intends to create an end-to-end secure messaging platform. Also, it partnered with video and image moderation company DragonflAI. ... Read more ›
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With 92% of consumers expecting a fast, frictionless experience while also getting one that is as trustworthy and secure as possible, financial technology companies are working to make their products more personal while also making them efficient and seamless. This was revealed in the findings of The Payments Association (formerly The Emerging Payments Association or EPA) in ... Read more ›
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Clue, a cloud-based investigation case management, and intelligence SaaS platform has secured £5 million funding from Frog Capital, an investor in European scale-up software. The funds will enable the Bristol-based company to support its international growth strategy and platform innovation to improve the outcome of specialist investigations. About Frog Capital Based out of London, Frog ... Read more ›
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Soldo is a pay and spend automation platform that combines smart company cards, issued by Mastercard with comprehensive management software. The UK fintech had published a new report looking at the anticipated post-pandemic boom for UK business and the challenges/opportunities this presents for finance teams. UK SMEs prioritise growth The report reveals that almost 70 ... Read more ›
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Balderton Capital based in London is a leading venture capital firm in Europe focused exclusively on backing the best technology companies in the region. Now, the company announced that it has raised its second fund of 2021 for $600 million (nearly £450 million). Focuses on early-stage companies This new fund is focused on early-stage companies ... Read more ›
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In a mission to become the market leader in analysing traffic across 5G mobile networks, revolutionising the management of software-based mobile infrastructure and enabling mobile network operators (MNOs) to meet stringent customer requirements in a cost-effective manner, Edinburgh-based startup Net AI has raised £750,000 in pre-seed funding. The round was led by Techstart Ventures, with ... Read more ›
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As the next big fortune is in metaverse, Dubit, a games studio and developer of virtual worlds based in London, has picked up $8 million (nearly £6 million) in a funding round. The investment round was led by Metaventures and French investor Jean-Charles Capelli and values Dubit at $55 million (nearly £41 million). Expands metaverse ... Read more ›
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In the latest development, FDATA (Financial Data and Technology Association), a fintech industry lobbying organisation, has partnered with Open Banking Expo, to help support, promote and foster a global Open Banking and Open Finance community. The collaboration announcement comes after Open Banking Expo’s recent partnership with Open Vector designed to launch community meet-ups to accelerate ... Read more ›
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Lyre’s, a London-based non-alcoholic spirits brand, has secured a £20 million funding round, at a valuation of £270 million. The funding round was led by new investor, D Squared Capital, alongside existing investor, Morgan Creek Capital Management (early backers of Alibaba, SpaceX, Lyft, Drizly NinjaVan, and Allbirds). Other early backers increasing positions included DLF Venture, ... Read more ›
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The recently concluded COP26 United Nations climate change summit in Glasgow emphasised the importance of working towards a greener future, and the opportunities for innovators and investors in the sector. The pioneering centre for environmentally friendly technology in the UK, Cambridge Cleantech is helping to turn this strategic ambition into reality on the ground for ... Read more ›
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Hadrian, a London and Amsterdam-based cybersecurity startup, has raised €2.5M (approx £2.1M) funding in a pre-seed round led by San Francisco-based Village Global and Amsterdam-based Slimmer AI. Other angel investors and experts, including Alex Weiss, managing partner of US-based cybersecurity fund ClearSky; Manuel Stotz, founder of UK-based Kingsway Capital; Riva-Melissa Tez, US-based AI venture investor; ... Read more ›
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The global electric truck market is estimated to grow from $1.15 billion in 2020 to $14.19 billion by 2027. Removing typical barriers to commercial electric vehicle adoption, such as affordability and range has hence, become extremely vital. Playing an enabling role in helping global economies meet ambitious policy goals, electric and hydrogen truck pioneer, London-based ... Read more ›
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Based in Manchester, Xploro, a platform using augmented reality, artificial intelligence and gameplay delivers health information to young patients. Now, the company has secured a loan of £100K from the Greater Manchester Export Fund, backed by the Recovery Loan Scheme and delivered by GC Business Finance, a specialist lender. New appointees for international expansion The ... Read more ›
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22.06.2026 15:03
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