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UK Small Business Equity Investment Declined 11% in 2022 Driven by a Downturn in Market Conditions in Second Half of the Year, as Ongoing Market Challenges Continue into 2023

The total value of equity investment in the UK’s small businesses declined by 11% to £16.7bn in 2022, driven by a downturn in market conditions, reveals the British Business Bank’s annual Small Business Equity Tracker, published today. The total number of deals also saw a modest decline of 7%, falling from 2,912 in 2021 to 2,702, the first annual drop in equity deal volumes since the Beauhurst data series began in 2011.

Thursday, June 15, 2023 - 09:25
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Financial IT
Zilch Expands Technological Innovation Efforts with European Centre for Excellence in Krakow

Zilch, the groundbreaking direct-to-consumer (D2C) credit provider and advertising technology platform, announces the opening of its new technology hub in Krakow, Poland.

Thursday, June 15, 2023 - 09:21
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Financial IT
Trezy Lands €3 Million Seed to Expand its AI-driven Predictive Cash Flow Management Platform to the UK

Trezy, the financial and cash flow management platform, has secured a €3 million Seed Round led by Seedcamp and Playfair. Kima Ventures and Discovery Ventures also contributed to the round. 

Thursday, June 15, 2023 - 09:18
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Financial IT
Ledgible Joins AIMA to Bridge the Finance Gap for Crypto Tax and Accounting for 2,100 Corporate Members

Ledgible, the leading institutional and enterprise digital asset tax and accounting platform, has joined The Alternative Investment Management Association (AIMA), the global representative of the alternative investment industry. With around 2,100 corporate members in over 60 countries, AIMA’s fund manager members collectively manage more than $2.5 trillion in hedge fund and private credit assets.

Thursday, June 15, 2023 - 08:45
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Financial IT
How Important is the Name to Your Startup's Success?

https://unsplash.com/photos/7e2pe9wjL9M

When embarking on a new business venture, entrepreneurs often find themselves faced with a myriad of crucial decisions. One decision that typically garners a significant amount of attention is the naming of the startup. While some might consider it a minor detail, the name of a startup can play a substantial role in its success. So, how important is a startup's name? Let's dive in and discuss.

Thursday, June 15, 2023 - 06:10
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/news/fintech-startups/how-important-name-your-startups-success
Financial IT
Brazilian Fintech Kanastra Closes $13M Seed Investment Led by Valor Capital and Quona Capital

Kanastra, a capital markets infrastructure fintech in Brazil, is today announcing a $13 million seed round investment, one of the largest at this stage in Latin America. The investment was co-led by Valor Capital and Quona Capital, alongside QED Investors, Actyus, Collaborative, Crestone, Grão, Endeavor, Clocktower, Latitud, and Norte. The founders of multiple Latin American companies such as Creditas, OpenCo, CERC, Guiabolso, Conta Simples and Hasdex have also participated in the round.  

Wednesday, June 14, 2023 - 16:08
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Financial IT
KlariVis Launches Revamped Website Alongside Remarkable Growth, Supporting Position as Preferred Community Bank Data and Analytics Partner

KlariVis, the data and analytics partner of choice for community banks nationwide, proudly announced the launch of its newly redesigned website today. The enhanced site aims to simplify the research process and educate community banks seeking effective strategies to leverage their data through analytics.

Wednesday, June 14, 2023 - 15:18
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Financial IT
Kroll’s 2023 State of Cyber Defense Report Reveals a Lack of Trust Ranked as the Biggest Security Concern by Cybersecurity Decision-Makers Globally
Kroll, the leading independent provider of global risk and financial advisory solutions, has released its 2023 State of Cyber Defense Report: The False-Positive of Trust, which explores the balance between trust and cyber maturity.
Wednesday, June 14, 2023 - 15:16
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/news/cybersecurity/krolls-2023-state-cyber-defense-report-reveals-lack-trust-ranked-biggest-security
Financial IT
Provenir Launches New Podcast Series on the Future of Fintech

Provenir, a global leader in data and AI-powered credit risk decisioning software, today announced the launch of its podcast “The Disruptor Sessions: The Visionary's Guide to Fintech.”

Wednesday, June 14, 2023 - 15:12
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/news/regtech/provenir-launches-new-podcast-series-future-fintech
Financial IT
The Payment Gateway Boom: How Can E-commerce Firms Evolve with the Times?

The payment gateway market is set to reach $98.2 billion by 2030, studies show - ushering in a new era for e-commerce businesses and leading one company - Exactly.com - to announce its ambition to become the go-to partner in payments.

Wednesday, June 14, 2023 - 13:48
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Financial IT

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