Manchester-based BankiFi is a fintech business, which specialises in payment processing and financial administration services for SMEs. Today, the company has grabbed a £2.2 million investment in a funding round led by Praetura Ventures alongside participation from the Greater Manchester Combined Authority (GMCA). Expansion plans Of the £2.2 million, £1.5 million came from Manchester-based Praetura ... Read more ›
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SME leaders are increasingly turning to accountants for advice on financial products. Using Open Banking APIs, Capitalise.com allows businesses to compare thousands of lending products, via an adviser. Recently, the London-based company raised £10 million from various investors including, Experian, QED Investors, Gauss Ventures, Hambro Perks, and Post Finance, participated. The funding will be used ... Read more ›
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In 2020, the vast ecosystem of six million sellers worldwide on Amazon generated over $300 billion in sales, which was a 50 per cent year-over-year growth. It continued in the first quarter of 2021 reaching 61 per cent growth, thereby making it the 42nd largest economy in the world. Even the firms acquiring successful brands ... Read more ›
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In Europe alone, more than 300 million people live with health challenges that are either triggered by diet or can be optimised through personalised dietary changes. Only a small fraction of the 300 million are offered digital care. Based out of Zurich, Oviva aims to help people on a larger scale to lead healthier lives. ... Read more ›
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British unicorn Cazoo that makes buying and selling cars online as easy as other products, has completed its business combination with Ajax I, a publicly traded special purpose acquisition company. Eventually, Cazoo Group begins trading on the New York Stock Exchange (“NYSE”) with its Class A ordinary shares and warrants trading under the new ticker ... Read more ›
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Apps have transformed the dating industry in recent years by offering users a way to connect digitally, bringing matches to users at the touch of a button. Now, the traditional dating apps are trailing behind and becoming less active, notes Scott Harvey, editor of Global Dating Insights. Eventually, apps such as Tinder and Bumble are ... Read more ›
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London-based Euler is a DeFi lending protocol with reactive interest rates to address the long-tail of the crypto market. Recently, the company has raised $8 million (nearly £5.8 million) in a Series A funding round. Investors galore The investment round was led by Paradigm along with participation of its lead seed round investor, Lemniscap, and ... Read more ›
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In response to the escalating climate change and plastic pollution crises, Edinburgh-based Reath creates a digital infrastructure for reusable packaging. Now, the company has secured €365K (nearly £312K) in a pre-seed funding round. Intends to strengthen its position The investment round was led by early stage VC firm Techstart and CVC Philanthropy, the impact investment ... Read more ›
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In the latest development, TrueLayer, an open banking platform has been authorised by the Central Bank of Ireland (CBI) as a Payments Institution and established its new European headquarters in Dublin. Why HQ in Dublin? European HQ is established in Dublin due to its position as a global centre for financial services innovation, a thriving ... Read more ›
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The process for disposing of rubbish and waste has traditionally been painstaking, with few digital options and a lack of information on sustainability and environmental impact. Here’s where London-based startup LITTA fills the gap. LITTA’s online platform places jobs with approved suppliers and provides a speedy, seamless, and transparent user experience in an industry that ... Read more ›
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A healthtech startup founded by a NHS doctor in London, Abtrace uses machine learning to learn from patients’ health records and suggests tests proactively. This startup just secured £2.1 seed million funding to transform how GPs detect and treat long-term health conditions. Eyes to rollout new GP practices The investment round was led by the ... Read more ›
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Shares.io is a Paris-based social investment platform that gives everyone access to the stock market and improves the investment experience by letting users engage with an active community. In a recent development, the company announced its UK and European expansion plans and closed its pre-seed investment round. UK launch in 2021 The company intends to ... Read more ›
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Cambridge-based Echion Technologies develops next-generation materials for Lithium-Ion batteries. Now, the company announced that it has closed £10 million in a Series A funding round. £10M investment round The investment round was led by CBMM, the world’s leading supplier of niobium products and BGF, the UK & Ireland’s most active and dynamic investor of equity ... Read more ›
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One-third of the food grown in the world is wasted. Food waste is a major contributor to greenhouse gas emissions. Based in London, Oddbox is a social impact business fighting food waste in UK farms with innovative solutions. Secured £16M Recently, the UK company has secured £16 million in funding from BurdaPrincipal Investments (BPI), the ... Read more ›
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A new app and web-based delivery service, SoonAs has been launched to revolutionise the UK delivery sector. It is designed to smoothly connect customers with available drivers to complete on-demand deliveries. With SoonAs, customers can easily organise the transport or delivery of any item via its easy-to-use app or web-based service as it connects users ... Read more ›
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Earlier this year, a global leader in online food delivery, Just Eat Takeaway.com announced its plans to create new jobs in the North East or UK. Now, the company has announced that it will create more than 1,500 new customer service jobs over the next 12 months. Just Eat expands its team The new roles ... Read more ›
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Narchie, the social marketplace app for homeware, has secured a pre-seed investment of £475K from experienced entrepreneurs and investors including, Episode 1 Ventures’ partners, Simon Murdoch, Damien Lane, and Adrian Lloyd. The company will use the funding to support its ambitious plans to grow the product, engineering, and community support teams. How was Narchie born? ... Read more ›
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Phos, the fintech that created the software PoS which allows merchants to accept payments directly on their phones, has secured €2 million (approx £1.7 million) in funding ahead of its Series A round later this year. The round was led by CM.com, provider of cloud software for Conversational Commerce. The funding round will allow the ... Read more ›
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Bonnet, a London-based startup that aims to improve the experience of electric vehicle drivers, has secured a £920K ($1.3M) total funding for the business. Notably, £850K came from an equity financing round led by Ascension Ventures with investors from Imperial College London and APX, while the additional £70K grant came from Innovate UK and OZEV. ... Read more ›
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Cryptocurrency is the talk of the town everywhere right now. The hype has taken over the world by storm amid the COVID pandemic and several people across the world want to own cryptocurrencies. If you are in this crypto train for profits in the UK, then there is news for you as PayPal now lets ... Read more ›
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25.06.2026 18:35
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