Tech Nation Report 2019: UK leads Europe in scaleup investment
- 5 years 7 months ago
- Investment
Tech Nation, the leading scaleup-network for UK entrepreneurs, has today announced the release of its annual Tech Nation Report with data from partners includingCompanies House, PitchBook, GitHub, the OECD and Streetbees, and in association with the World Economic Forum. The report provides a comprehensive look into the evolution of the UK’s tech ecosystem, exploring the drivers that underpin and power economic growth within the sector.
UK Cash Deposit FinTech Raises £11m to Drive Growth
- 5 years 7 months ago
- Investment, FinTech StartUps, IT Innovations
London based FinTech, Flagstone, developer of the UK’s largest cash deposit platform which provides clients with access to over 550 deposit accounts from 30 banks through asingle application, has raised £11m in growth capital from investors including Kindred Capital, Moneysupermarket Group plc, VentureFounders and a number of private individual investors.
P2P Investors Increase the Investment Size by 30% After the First Month
- 5 years 7 months ago
- Investment, P2P Lending
The European P2P platform Robo.cash has analyzed the average investment made within the first months of investing. The results show that the average investment increases by 30% after the first month of investing on the platform and by another 10% - after the second one.
Nivo Announces GBP 2m Funding Round
- 5 years 7 months ago
- Investment, FinTech StartUps
Nivo, the Manchester-based instant messaging and identity verification platform, has announced the close of a £2m funding round from GP Bullhound, the Angel CoFund and a syndicate of angel investors. This funding will be used to accelerate growth and product innovation, cementing Nivo’s position as the fastest, safest way for financial services companies to sign up and service their customers.
Imandra Completes $5 Million Seed Round Led by AlbionVC, IQ Capital and LiveOak Venture Partners
- 5 years 8 months ago
- Investment
Imandra Inc. - creator of the Imandra cloud-native automated reasoning engine - has completed a $5 million Seed investment led by AlbionVC, IQ Capital and LiveOak Venture Partners. The capital will be used towards further growth in financial services and fast-growing applications of their AI technology to autonomous vehicles, robotics and machine learning. Imandra democratises deep advances in symbolic AI for making algorithms safe, explainable... more
Liquidnet Launches EU Operations in Dublin
- 5 years 8 months ago
- Investment
Liquidnet, the global institutional investment network, announces that it has launched its EU operations in Dublin. Liquidnet EU Limited (located in Dublin’s International Financial Services Centre), has been authorised by the Central Bank of Ireland as a MiFID II investment firm and MTF operator. This new entity acts as an agency broker, ensuring Liquidnet continues to provide services to its Member community based in the European Economic Area... more
Kyriba Closes $160 Million Growth Round Led by Bridgepoint to Fuel Enterprise Platform Innovation and Global Expansion
- 5 years 8 months ago
- Investment, Treasury, Cloud
Kyriba, the global leader in cloud treasury and finance solutions, today announced that it has closed a $160 million growth investment round led by Bridgepoint, an international private equity group, which gives Bridgepoint a majority stake in the business. The closed deal values Kyriba at $1.2B and Daher Capital, Iris Capital and CEO Jean-Luc Robert will continue on as investors in the company. With the new capital, Kyriba will enhance product... more
Upgrade Pack Now Overfunding on Seedrs
- 5 years 8 months ago
- Investment
New fintech-based startup, Upgrade Pack has exceeded its £500,000 fundraising target with leading European investment platform Seedrs. Since launching its crowdfunding campaign in March, the closed marketplace for discounted flight and hotel upgrades has attracted over 350 investors through the Seedrs community. With 25 days still left to run, the company is now overfunding.
Extend Raises $11 Million in Series A Funding Co-Led by Point72 Ventures and FinTech Collective
- 5 years 8 months ago
- Investment
Extend has announced its $11 million Series A financing. Extend’s platform enables frictionless virtual credit card issuance for banks, corporations, and other startups. The round was led by Point72 Ventures and FinTech Collective, with additional participation from Reciprocal Ventures and strategic partner City National Bank.
Saxo Bank and Brown Advisory collaborate to offer a portfolio of ethical stocks to SaxoSelect clients
- 5 years 8 months ago
- Investment, Banking
Saxo Bank, the leading Fintech specialist focused on multi-asset trading and investment, and Brown Advisory, a leading global investment manager with a long history in sustainable investing, announced a cooperation to launch a new digital investment portfolio, Ethical Selection in the SaxoSelect universe.
Tech of tomorrow revealed: Virtusa’s Trend Almanac identifies top digital investment trends for 2019
- 5 years 10 months ago
- Investment, IT Innovations, Infrastructure
Virtusa xLabs, an innovation practice within Virtusa, has identified the 10 most influential technology trends that industry, business, and tech leaders need to know as they strategically plan their investments over the next 12 months. Virtusa xLabs collaborated with senior technologists and business leaders to identify the most influential technology trends that will help businesses to stay competitive and drive growth in 2019.
Peltarion secures US$ 20M series A funding to advance humankind through AI
- 5 years 10 months ago
- Artificial Intelligence, Investment
This latest round brings Peltarion’s total funding to US$ 34 million to date, including previous investment from FAM, the holding company privately owned by the three largest Wallenberg foundations, and EQT Ventures.
genesis secures $3m Series A funding from Illuminate Financial and Tribeca Angels
- 6 years 1 month ago
- Investment
genesis, the international capital markets software firm, today announced the completion of its Series A financing round, securing a total of $3m from Illuminate Financial, a U.K. based capital markets venture capital firm and Tribeca Angels, a New York venture group.
Berlin based Fintech Penta raises €7 million Series-A
- 6 years 2 months ago
- Investment, Banking, FinTech StartUps
Business bank account Penta today announced a €7 million investment round as its customer base continues to grow at pace. User numbers have increased over 900%, since the company's last fundraise just eight months ago. This brings Penta’s total fundraising to €10M. A transparent, community-driven approach and active commitment to world-leading customer service has helped Penta win favour of the German business community since launching back in... more
Aspiring Blockchain bank BABB raises 1.4m to help Unbanked
- 6 years 2 months ago
- Blockchain, Investment, Banking
BABB has successfully completed its equity crowdfunding through Crowdcube, raising more than £1,400,000 from 1,232 investors. The funds will be used to support BABB’s applications for banking licences in the UK and Lithuania. BABB is building a decentralised platform using blockchain and biometrics technology, to provide mobile banking services to empower the global micro economy and tackle one of the world’s biggest challenges: how to... more
