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UK Tech News
Staff Reporter @ UK Tech News · 06/07/2021 03:30 EDT

Coinbase is giving away $1.2M worth Dogecoin: Here’s how you can buy the cryptocurrency in the UK

Created in 2013 by software engineers Billy Markus and Jackson Palmer, Dogecoin has been in the headlines for a few months. Thanks to Dogefather Elon Musk.  The CEO of SpaceX and Tesla has voiced out his liking towards Dogecoin several times on Twitter. In fact, he is the propeller behind the Dogecoin price rise.  Last ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/07/2021 03:03 EDT

Belfast’s Norton adds Ethereum cryptocurrency mining to its anti-virus software

Planning to dip your toes in the cryptocurrency craze but hesitant to do so due to privacy and security issues? Well, the anti-virus giant NortanLifeLock has announced a new feature that enables users to mine cryptocurrency safely and easily.  Norton Crypto Dubbed as Norton Crypto, this new feature is designed to enable consumers to mine ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 1 place · 06/04/2021 09:00 EDT

London fintech redefining trade finance announces $8M Series A funding

Manual processes with multiple checkpoints are always difficult to manage. Whereas, automating it with technology could save a lot of time & bring efficiency too. A perfect example of this is Traydstream, a London based Fintech redefining trade finance recently announced the successful closure of its Series A funding round of $8 million (£5.65m). $8m ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 2 place · 06/04/2021 08:30 EDT

UK-based robotics startup E-Nano cracks £100K investment deal

UK-based robotics and engineering startup, E-Nano has recently raised an investment of £100,000 to help sports managers and groundskeepers to measure, analyse and collect the data. Real-time data collection for ground-keeping E-Nano uses its cloud platform to measure, analyse and collect real-time data for sport field managers and groundkeepers. The recent investment will help the ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 3 place · 06/04/2021 08:03 EDT

Former Google developer startup scores £8M to apply machine learning and detect fraud in insurance

Amid a plethora of innovative economic disruptions in the UK’s fintech industry driven by the pandemic, one of the verticals which has emerged as a clear winner is the insurtech sector. Acing the game, these companies are continuously looking at providing new additions to the insurance value-chain and marketplace in terms of home automation, cyber ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/04/2021 07:48 EDT

London health tech startup Babylon Health to go public via £2.98B merger with blank check company

SPACs (Special Purpose Acquisition Companies) have boomed in Europe in recent years. It is one of the easiest and hottest ways for young companies to go public quickly and rake in some money for growth.  According to the JP Morgan report, half of all new IPOs by volume since January 2019 were SPACs.  Babylon to ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/04/2021 07:00 EDT

Shropshire VR tech firm to roll out immersive, virtual meeting rooms, picks £2M investment

VR firm Igloo Vision, Shropshire tech firm, specialises in shared immersive, virtual spaces. Now, the company has announced that it has secured £2 million investment to support its global growth plans. The funding round was led by a debt investment from Frontier Development Capital (FDC). This follows the £1 million of equity raised last year ... Read more ›

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UK Tech News
Akansha Srivastava @ UK Tech News · 06/04/2021 06:27 EDT

10-minute grocery delivery app Getir to launch in Manchester and Birmingham, raises $550M at $7.5B valuation

According to research from Capgemini, 56% of UK consumers expect to get online deliveries at least once a week by 2021. The grocery app craze has already taken over with so many players in the space including Weezy, Dija, and even Deliveroo delivering groceries now. Getir — a Turkish online grocery delivery startup backed by ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/04/2021 03:30 EDT

These are the most funded cryptocurrency startups in the UK right now

Cryptocurrencies are disrupting the traditional banking and financial systems. The adoption of digital currencies among traditional financial institutions and corporate companies has been growing in recent months.  Big names including JPMorgan, Goldman Sachs, Morgan Stanley, PayPal, Tesla, and others are heavily involved in the market right now. On the other hand, the underlying blockchain technology ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/04/2021 03:00 EDT

Another buy now, pay later player from UK: Klarna rival Divido raises $30M from HSBC and ING

London-headquartered white-label platform for retail finance, Divido has recently raised a $30 million Series B funding round. The funding will help facilitate the company’s international expansion while continuing to build out its market-leading platform for lenders and merchants. The round was led by global banks HSBC and ING, with participation from Sony Innovation Fund by ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/04/2021 02:30 EDT

Newcastle-based employee voice platform HiveHR secures £500K funding

It is definite that employees are the assets of the company, whereas one-to-one communication is required to function better. The companies nowadays want to develop employee friendly cultures where easy communication can take place. Newcastle-based innovative employee listening tool, HiveHR has now raised £500k to accelerate their growth roadmap. The round was led by the ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/03/2021 08:09 EDT

Is ‘Hospital at home’ the new normal? UK healthtech Huma seals £260M deal with Atos to fastrack integration

During the COVID-19 pandemic, immense pressure came on the world’s healthcare systems, exposing the weaknesses of current models that are overstretched with ageing populations. Following the £91.88 million investment that it picked up last month, UK-based healthtech startup Huma is now in the headlines as it has sealed a £260 million five-year strategic global partnership ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/03/2021 07:00 EDT

UK startup working with Facebook and Google to tackle online extremism secures £5M funding

With the progression of the internet, it is being used increasingly to propagate harm, including preparation of terrorist acts, proliferation of child sexual abuse content, abuse of women in public life, and hate speech among others. Meanwhile, there is massive circulation of disinformation, which has shaken up public trust in the media. Moonshot, a London-based ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/03/2021 06:44 EDT

More than half a million funding for this SaaS-based wealth management startup in the UK

Bringing transparency and providing quality wealth-building solutions is the ultimate goal for wealth managers. The lack of proper technology hinders access to a quality financial product. This is where UK-based wealth management SaaS platform – WealthOS comes in and now the startup has raised £564,600 ($800,000) in seed funding to build a cloud-native technology platform ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/03/2021 06:36 EDT

London-based PlanetWatchers grabs £2.5M funding to support crop insurers

London-based PlanetWatchers is a revolutionary crop monitoring company that provides detailed insurance and claims to provide assessment in just one hour. Today, the company has announced to have pocketed $3.5 million (nearly £2.5 million) in pre-Series A funding to support its growth plans as it aims to expand its services across America and into Europe ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/03/2021 04:30 EDT

Largest insurtech investment round: London VCs among others to pump £460M funding into Wefox

Wefox is a Berlin-based digital insurance company that intends to keep people safe and prevent risk by reinventing insurance through technology. In a recent development, the company pocketed $650 million (nearly £460 million) in a Series A funding round, which took its valuation to $3 billion. Largest round for an insurtech The oversubscribed investment round ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/03/2021 04:07 EDT

London insurance company HealthyHealth rebrands to Qumata, picks up £7M funding

HealthyHealth, based in London, is a startup focused on transforming the life and health insurance underwriting journey through digital data. In a recent development, the company has just announced that it picked up $10 million (nearly £7 million) in a Series A funding round. Also, along with the latest investment, the firm has been rebranded ... Read more ›

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UK Tech News
Akansha Srivastava @ UK Tech News · 06/03/2021 03:20 EDT

Ex-TransferWise duo launch new investment platform, announce $1.5M funding backed by co-founder of Skype

Whilst the investment sector had definitely grown in recent years, experts believe it still isn’t solving the fundamental problems, including high fees, hidden costs and the complicated nature of the products. Founded by an ex-TransferWise duo with a team of former Revolut, Robinhood & Pipedrive employees — London and Tallinn-based fintech Lightyear is a new ... Read more ›

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UK Tech News
Shubham Sharma @ UK Tech News · 06/03/2021 03:00 EDT

Disrupting life insurance in the UK with automated advice platform, Anorak secures £5M

Over nine million families in the UK face the risk of financial collapse if the family breadwinner dies. In the United States, it’s 37 million families, and it’s an even bigger issue across Asia. It’s a massive global problem and one that has seen an increased focus in the public conscience since the outbreak of ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/03/2021 02:30 EDT

Clim8, London-based sustainable investment app grabs up to £2M funding

London-based sustainable investment platform Clim8 Invest is an app for those looking for a simple way to invest in the future of both themselves and the planet. Now, this investment platform that also lets customers make a positive impact on climate change has secured up to £2 million funding. Investment from Channel 4 Ventures The ... Read more ›

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