Growth Capital Ventures has led a £150,000 seed investment round into n-gage.io, an innovative technology company transforming the way audiences engage and experience leisure, visitor, and sporting attractions.

The funds will be used to drive the development of the technology forward and support n-gage.io’s market entry strategy. The funds are in addition to £150,000 worth of resource provided by Growth Capital Ventures through its GCV Labs venture builder division.

Nutanix has announced the UK-specific findings of its fourth global Enterprise Cloud Index (ECI) survey and research report, which measures enterprise progress with cloud adoption. The research showed that more than half of UK respondents (53%) said that multicloud was their most commonly used IT environment, substantially more than the rest of the EMEA region and globally.

·         New investment secured as the London-based fintech aims to quadruple lending

·         Unprecedented demand sees SME funding more than double from pre-COVID levels

365 Business Finance has successfully completed a £55m debt and equity raise, as the fintech lender aims to quadruple its lending to SMEs over the next two years.

Effective data governance has never been so important. Organisations around the globe are now hugely reliant on information – but if they can’t trust the data they hold, they won’t be able to make game-changing decisions that create benefits for customers. That’s where technology can help.

SoftPOS is an application developed by Nexi, Europe's PayTech company operating in high-growth, attractive European markets and technologically advanced countries, now introduced for the business clients of UniCredit Bank. With SoftPOS, users can offer the possibility of card payment to their customers, using their mobile phones as a terminal. 

• The solution enables businesses to use real-time current account data to verify income in minutes rather than days.
• Through open banking technology, incoming payments are categorised to give a clear view of income streams over more than 12 months
• The UK launch follows the successful rollout of Tink’s Income Check in seven European countries

●      The pre-seed and seed focused firm, originally founded by successful founders from the region, is on a mission to help grow the technology industry in South Eastern Europe by investing in the next generation of entrepreneurs.

Verto has announced the appointment of a new Chief Operating Officer, Tim Rudman. 

Global financial technology firm Verto has announced its expansion with the appointment of new Chief Operating Officer, Tim Rudman. The pioneering company brings cross-border payment solutions to the world’s fastest growing organisations and is on a mission to help businesses of all sizes access innovative banking solutions. Tim’s appointment will support Verto’s ambitious growth plans.

HUAWEI P50 Series are the latest smartphones to get NFC mobile payments in the United Kingdom

NFC contactless payment is now widely available on Huawei smartphones, including the Huawei P50 Series. Huawei has partnered with Curve - the financial super app which combines all of your debit, credit and loyalty cards into one, easy-to-use smart card - to launch Curve Pay so Huawei customers can pay by phone through one digital wallet.