In today’s time, erectile dysfunction affects nearly 30 percent men under 30 years and 40 percent men struggle with premature ejaculation. Despite the huge number of men struggling from these issues, there has been very little innovation in the sexual wellbeing space. While there are medication first solutions that claim to address sexial issues, there ... Read more ›
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Monneo, a virtual IBAN and corporate account provider, has enlisted cryptocurrency exchange Coinbase to enable payment of invoices in a range of cryptocurrencies. The new service will be available for B2B invoice settlement and supported by two of Monneo’s partner banks. Notably, Coinbase is a secure online exchange platform for buying, selling, transferring, and storing ... Read more ›
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There’s no doubt that online shopping is the future, as apparent by the pandemic’s circumstances that pushed for almost everything to go online. Additionally, a Statista report notes that one of the biggest e-commerce players, Amazon, generated about $80.5 billion in 2020. Making a dent in this big sector is the UK-based startup Boulevard, which ... Read more ›
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Wiserfunding, a London-based fintech company specialised in assessing the credit risk of SMEs, has secured £3 million investment from BGF, the UK and Ireland’s most active growth capital investor. How will the funding be used? The company will use the funding to accelerate international expansion and strengthen its global position. Wiserfunding will use part of ... Read more ›
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Online sales are rapidly growing, increasing the demand for more delivery vehicles that contribute to air pollution, greenhouse gas emissions, and congestion. In the UK, currently, 96% of vans are powered by diesel fuel, which has been linked to as many as 40,000 air pollution-related deaths every year. Right now, there is an urgency to ... Read more ›
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Patch, a new local workplace concept has been created to restore the balance between work, health and communities. As it eyes to launch its first ‘Work Near Home’ site in Chelmsford, the company eyes to revitalise commuter belt areas by offering community centres fit for the current era. Now, Patch secured $1.1 million in a ... Read more ›
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London-based global technology company, Wise has just introduced its multi-currency investment feature ‘Assets’ to UK customers. With Assets, individuals and businesses in the UK will get the opportunity to choose how their money is held, and potentially earn a return on their money, across 54 currencies. Wise launches Assets feature The first asset will be ... Read more ›
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A global open banking platform based in London, TrueLayer, makes it easy for anyone to build better financial experiences. Now, the company announced that it has pocketed $130 million (nearly £95 million) in a funding round, which gives it a post-money valuation of over $1 billion, thereby making it a unicorn. Investment details The investment ... Read more ›
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Coastr’s is an Edinburgh-based all-in-one vehicle rental management platform, which enables independent vehicle rental businesses to become fully digitised. Today, the startup picked up £1.4 million funding from a London investor GroVentive. Ambitious plans for 2022 The proceeds from the investment round will be used by Coastr to launch additional products into the market in ... Read more ›
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One of the renowned online consumer-branded payments startup Recharge.com has raised another round of funding. The company has announced raising a notable £26 million in its series B funding round and is all set to use it for bettering its services and accelerating its global expansion. In a conversation with UKTN, Recharge.com’s CEO Günther Vogelpoel ... Read more ›
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London-based loyalty e-wallet platform, Swapi, which lets people swap their loyalty points between popular brands. has grabbed £860K in pre-seed funding ahead of its launch in October 2021. To launch app in October The startup is funded by a slew of backers including private investors, a crowdfunding round, and a considerable investment from Trampoline Ventures, ... Read more ›
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UK-fintech business lender MarketFinance is an online platform that lets businesses access a range of flexible finance solutions easily. Today, the fintech has secured £280 million debt and equity investment. Also, it has been accredited by the British Business Bank as a lender under Recovery Loan Scheme (RLS). The debt financing was provided from a ... Read more ›
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In the latest development, Juno, a digital payment platform, has secured £1.6M seed investment from angel investors and venture capital firms, including Lakestar, Six Group’s, and JME Ventures. The company has also launched the first digital payments platform in the UK to leverage Open Banking technology. The company will interface with every major European Bank ... Read more ›
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DNA-sequencing company Oxford Nanopore Technologies provides rapid COVID-19 tests to the NHS in Britain. Recently, the company announced that it will start trading on the London stock exchange and aims to raise £300 million from Oracle Group, which will increase its valuation to £2.4 billion. Oxford Nanopore IPO Listing The company is in plans to ... Read more ›
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London-based Embargo is a loyalty platform and CRM system for hospitality businesses such as restaurants, bars, and coffee shops that recognise and reward customers using its pioneering technology. Now, the company just picked up $1.1 million (nearly £830K) in a funding round. Investors galore Embargo received cross-sector financial support, with individuals and companies from the ... Read more ›
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Worldwide, an estimated 200 million businesses still rely on cash payments, and 1.7 billion people in regular paid work have no access to bank accounts. Based out of London, Dopay is set to break the cash cycle with a range of services. Raised £13.1M Recently, the UK company Dopay raised an $18 million (approx £13.1 ... Read more ›
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The UK is leading globally in climate tech with an increase of over 60 percent in the number of UK climate tech companies since last year. It is reported that the UK is leading the way for climate tech in Europe with 519 companies in this sector right now while it was 323 companies last ... Read more ›
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French scaleup Saqara is a digital construction and infrastructure bid management platform. In a recent development, the digital procurement platform just raised $10.6 million (nearly £7.6 million) in the largest French Series A Contech fundraising round. Plans to expand into UK and beyond The investment round was led by Europe’s largest proptech VC, A/O proptech ... Read more ›
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The disruptive potential of quantum computing is becoming a reality at an unprecedented rate, and there is now a need more than ever to start to demystify quantum. It’s time to understand what it means for business, the impact it will have, and how to get it embedded into emerging technology strategies within organisations. As revenue from quantum computing is expected ... Read more ›
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Currently, disposable nappy products are the third biggest contributor to landfills. It is estimated that nearly 90 billion disposables are thrown away globally every year contributing to the world’s plastic pollution and non-biodegradable waste. Disposable nappies are among the top 20 products found in the oceans. To resolve this, Northamptonshire-based Bambino Mio has come up ... Read more ›
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25.06.2026 15:55
Last update: 15:45 EDT.
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