The strategic partnership is intended to increase funds available to smaller firms during the current pandemic; Starling is lending via...
Level39 has launched Cyber39, a program focused on fighting cyberthreats in London; Cyber39 will initially involve the 22 cybersecurity companies associated with the Level39 startup accelerator and it hopes to add more companies; additionally Level39 has also opened the Cyber Demonstration Centre in Canary Wharf with the support of the Department for Digital, Culture, Media and Sport, and the Department of International Trade; the accelerator's efforts are aimed at building out cybersecurity solutions in the private sector and keeping London at the forefront of cybersecurity innovation. Source
Much has changed about the way launch pads for startups look, feel and show value today. The earliest investors are rethinking signaling risk, dilution and even the worth of a traditional demo day.
Dublin-based tax automation startup Fonoa has raised $25 million in a funding round, which the company will use to expand itself and businesses’ tax compliance.
Glint is based in London and today revealed their product offering; it is a multi-currency account, app and card that lets users store money in gold; funds are converted back to fiat currency at the point of payment for those who choose to store their money in gold; the company is regulated by the FCA. Source
Last year SoftBank agreed to make a €900mn investment into Wirecard; as part of the deal they were going to...
The Startupbootcamp FinTech London and PwC have released a new report which finds more companies are investing in artificial intelligence; the report's findings are based on program applicants; findings show that artificial intelligence is significantly impacting customer service solutions; report also provides insight on top trends in fintech including an increasing number of companies focused on B2B and SME solutions. Source
AltFi published their second installment of "Where They are Now?" - a report on the status of UK crowdfunded companies since 2011; 751 companies are listed; 73.60% of the companies remain active and 11% have closed; top platforms in the UK include: Crowdcube, Seedrs, SyndicateRoom, AngelsDen, Code Investing and Venture Founders. Source
Fintech apps have seen a big rise in adoption the las few months as stay at home orders have been...
Steven, the Swedish expense sharing app, has recently released a card to support the platform as they evolve further, addressing the need to split household bills.