Currently, the financial services industry has been a cause of the racialised wealth and social gap, wherein ethical minorities are at least twice as likely to face obstacles when using financial services than their white counterparts in the UK and US. This is due to values-based exclusion, racial profiling and lack of trust. To resolve ... Read more ›
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The increasing necessity of clean and sustainable life requires more adaptable infrastructural development. Europe’s leading micro-mobility operator, Voi today announced the launch of its redesigned parking racks in collaboration with the Royal National Institute of Blind People (RNIB) which reduces street clutter and improves the parking habits. First RNIB designed parking rack for e-scooters The ... Read more ›
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Yorkshire-based AI-powered video networking platform, Meeow was an idea born during lockdown in May 2020 when traditional face-to-face networking came to a halt. In a recent development, the startup attracted £150K SEIS investment. Expansion of its technology The funds came from three high-profile investors, including Chris Craig-Wood (former managing director at UBS and an active ... Read more ›
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Virtuo is all about renting a car, but not as you know it. Based out of Paris, the company is reinventing car rental through their mobile app. No paperwork, no rental counters, and queues. Raised £68 million Now the car-on-demand service has raised $60 million (approx £42.4 million) in Series C funding led by AXA ... Read more ›
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Biomedical information including, scientific literature, regulatory documents, clinical trials, and proprietary research – is growing exponentially, and humans are struggling to keep up. And here’s where Causaly helps overcome this informational bottleneck through its sophisticated algorithms that mimic human reading and extract the meanings encoded in language. Raised £12 million Based out of London, Causaly ... Read more ›
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Climate change is real and countries around the world are taking steps to tackle the problem. However, governments and organisations also require ways to figure out climate change impacts on future projects. The London-based deep tech startup Cervest enables companies to assess climate change with its AI-powered Climate Intelligence (CI) platform. The startup has now ... Read more ›
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In the preparations for life outside of the European Union, one of British companies’ biggest concerns was access to skilled, talented workers – this was particularly true within the tech sector. Brexit always threatened to exacerbate the already well-documented shortage of tech talent for UK startups and scaleups, with fewer skilled workers coming to the ... Read more ›
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Danish payroll automation startup Pento helps companies bring payroll in-house to avoid expensive outsourcing. Today, the company announced that it picked $15.6 million (nearly £11 million) in a Series A funding round. Eyes global expansion The investment round was led by US venture capital firm General Catalyst along with participation from US firm Avid Ventures ... Read more ›
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Based out of Auckland, New Zealand — Laybuy is a fintech company that provides buy now, pay later services partnering with over 9,000 retail merchants. Raised A$35M Recently, the fintech company has secured A$35 million (approx £24.7 million) from new and existing institutional investors. The placement will be completed in two phases with phase one ... Read more ›
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A few days back, Elon Musk said that Tesla suspended vehicle purchases using Bitcoin due to concern over climate change. Post Musk’s tweet, Bitcoin fell by more than 10% and Tesla shares dipped too. In a tweet, Elon Musk said, “We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, ... Read more ›
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London-based ScaleXP – the automated analytics platform that helps small businesses consolidate their financial and sales data – has recently announced that it has raised £600,000 in a seed funding round. ScaleXP is founded by female CEO Suezann Holmes, and is backed by female angel investor network, Angel Academe, as well as Cambridge Angels, Syndicate ... Read more ›
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Madrid-based StudentFinance is an international fintech company connecting education with employment via Income Share Agreements (ISAs). In a recent development, the fintech raised $5.3 million (nearly £3.7 million) seed funding. Investment details! The investment round was led by Giant Ventures and Armilar Venture Partners. Existing investors Mustard Seed Maze and Seedcamp, along with Sabadell Venture ... Read more ›
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Business models evolved with time, either due to changes in the market trend or the advent of technology. This has kickstarted a slew of new and exciting trends. One such trend is on-demand laundry. Of late, the traditional laundry market has observed a huge transformation from washing clothes at home to going to coin-operated washing ... Read more ›
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The hospitality industry is still reeling from the aftereffects of the coronavirus pandemic. However, with lockdown now easing in the UK and parts of Europe, businesses such as restaurants, pubs and bars are opening up again. The Belgian SaaS scaleup Apicbase is helping these hospitality enterprises get back on their feet by simplifying the supply ... Read more ›
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Crypto scaleup Copper is a London-based digital asset infrastructure provider. Now, the company announced that it bagged $50 million (nearly £35 million) in a Series B funding round. Expansion and growth plans The oversubscribed investment round was co-led by leading B2B software investor Dawn Capital and Target Global, who also led Copper’s Series A funding ... Read more ›
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Based in Cape Town and London, Libryo platform helps organisations get to know about the law that applies to their business in a simple-to-search and easy-to-read format. Secured £1.35 million The UK company has secured £1.35 million funding led by Future Energy Venture. Other existing and news investors including, UK Government’s Future Fund and Nextlaw ... Read more ›
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Crypto scaleup Copper is a London-based digital asset infrastructure provider. Now, the company announced that it bagged $50 million (nearly £35 million) in a Series B funding round. Expansion and growth plans The oversubscribed investment round was co-led by leading B2B software investor Dawn Capital and Target Global, who also led Copper’s Series A funding ... Read more ›
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In a latest development, it has been announced that e-scooters will be available to rent in London from June 7, 2021. Lime, Dott and Tier got the tender After a competitive and rigorous tender process, Transport for London (TfL) and London Councils have selected three e-scooter companies including Lime, Dott and Tier–available for trials as ... Read more ›
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Global fintech, Stake is a commission-free trading app that lets Brits access the US markets. The brokerage platform just announced that it picked $30 million (nearly £22 million) from US-based Tiger Global and partners of London-based DST Global. Bullish on global growth and expansion The funds will be used to fuel its expansion into new ... Read more ›
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Finary, a Paris-based wealth management platform, has raised €2.2 million (approx £1.9 million) in a seed round led by Speedinvest. Other investors including Y Combinator, Kima Ventures, and angel investors like Raphaël Vullierme (co-founder at Luko), also participated. The company is also planning to launch iOS and Android apps as well. The fintech company will ... Read more ›
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29.06.2026 00:08
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