Commenting on UK CPI rising to 2.1% Ian Warwick, Managing Partner at Deepbridge Capital, said: “Today’s inflation data serves as further evidence that that the UK economy is moving in the right direction at a significant pace. For many early-stage businesses however, the significant rise in inflation may trigger fears of a subsequent rise in interest rates, directly impacting how much they are able to borrow at a crucial time, when many expected the economy to full reopen again.

·       Temenos will provide Societe Generale Payment and Cash management activities with a unified, cloud-native platform for account management in Europe and Asia, and payment services for corporate and financial institution customers in Asia

·       Next-generation platform enables Societe Generale to innovate fast and deliver differentiating services to meet the evolving needs of its global corporate customers

A new study from Juniper Research has found that the global conversational commerce spend over RCS messaging will reach $27 billion by 2025; rising from less than $10 million in 2021.

BlackRock and Cassini Systems, a leading provider of pre- and post-trade margin and collateral analytics for derivatives markets, announced today that the two firms have entered into a strategic partnership to integrate Cassini analytics into BlackRock’s Aladdin® platform. The integration will allow mutual clients to factor margin-based analytics into their pre- and post-trade decision-making.

The crossover and application of finance and technology (fintech) has become essential in providing financial services for both businesses and consumers today. While it experienced a decline in 2020, the UK fintech industry saw a tremendous growth of 331% in the span of a year, leading up to £2 billion in investments. With such a positive trajectory, the industry can only be expected to flourish.

Equity investment in the UK’s smaller businesses increased by 9% in 2020 to £8.8bn, the highest amount since the Beauhurst data series began in 2011, reveals the British Business Bank’s annual Small Business Equity Tracker, published today. The strong momentum continued into Q1 2021, with the total value of equity investment in smaller businesses reaching £4.5bn, by far the highest amount ever recorded in a single quarter.

Checkout.com, the leading cloud-based payments solutions provider, announces its largest acquisition to date of Estonian software development firm, Icefire. 

British Patient Capital comments on the British Business Bank’s Small Business Equity Tracker which reveals the average pre-money valuation of a growth stage private company reached over £100m. At £100.8m in 2020 this is an increase of 92% compared to 2019. In growth stage tech companies, the increase on 2019 levels was more pronounced, rising by 102% to reach £124m.

Isomer Capital is pleased to announce the first close of “Isomer Capital Opportunities”. The new co-investment fund is backed by British Business Investments, through its Managed Funds Programme, amongst other global institutions.