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Mobile Banking

Will digital-only banks kill traditional players?

More than one in 10 Brits say they’ll be switching to a digital-only bank when these services becomes available, according to research from Intelligent Environments. While 13% are eager to switch, the poll of 2,000 people also found that 52% don’t like the idea of not being able to speak to someone in person, with…

Europe money

European companies raise €2.6bn in equity finance in Q1 2015

Europe’s equity finance market has reached heights not since since the final days of the dotcom boom, with European companies raising €2.6bn on 345 deals from January to March, a 41% increase on Q4 last year. But rather than heading for a crash, given that the number of deals dropped by 5% during this time,…

House keys

BrickVest property investment platform receives $1m

London’s BrickVest has raised $1m from twenty investors to build a pan-European online property investment platform. The platform, which launches in the summer, brings together property owners, developers and investors, offering people the opportunity to put their cash in European and North American real estate for as little as €1,000. Cofounder Dr. Thomas Schneider said: “The…

Legal

SyndicateRoom and Taylor Wessing launch crowdfunding Investor Academy

Equity crowdfunding platform SyndicateRoom has teamed up with law firm Taylor Wessing to launch an education initiative for those looking to invest in equity crowdfunding projects. The Investor Academy offers free online resources created by investment experts and existing angels to help would-be investors navigate the process, from understanding the legalities of equity crowdfunding to securing…

Vote for policies

Not sure who to vote for in #GE2015? Take the Tech City News voter survey!

Tech City News has teamed up with the independent, not-for-profit voter advice platform Vote for Policies so you can take their survey to find out how you should vote in the general election. Pick which issues are important to you, then work your way through the questions, which are all based on the parties’ manifestos. By…

Scentbird

TMT leads $650,000 investment in Scentbird

New York-based fragrance delivery service Scentbird has unveiled a $650,000 funding round led by AIM-listed TMT Investments. The subscription-based firm delivers a 30-day supply of designer perfume direct to your door for $14.95, while also claiming to be able to an algorithm that helps women pick what scent to wear. TMT put $300,000 into the round,…

regular_giftgaming_1

In-app gifting startup giftgaming raises $154,000 crowdfunding round

Cambridge-based in-app gifting platform giftgaming has raised $154,000 via the Seedrs platform to accelerate the growth of the company. The platform plugs into the Unity, Marmalade, HTML5 and Android platforms so developers can enable brands to offer in-game gifts, including virtual currency, power-ups and coupons. “Many of our 180 investors on Seedrs probably play games, or have…

London Investment

City office rents surpass 2007 pre-crash peak

Commercial rents in London’s square mile have ballooned to £65 per sq ft, higher even than those seen pre-financial crash back in Q3 2007, where rates reached £63.50 per sq ft. During this time, property deals made by technology, media and creative firms have grown significantly, from around 14% to nearly 30% of those taking office space,…

crocodile

Crocodile app wins £50,000 Green Capital prize

Walking bus app Crocodile has won Bristol’s Green Capital Digital Challenge £50,000 prize. The team has created an app to help kids walk or bike to school safely, offering regular routes, stops and pick up times, a booking system for parents and the ability to check when their child has made it. The app even enables adult…

Chuka Umunna MP

Umunna: Tech City needs to embrace all Londoners

More must be done to provide Londoners from outside Silicon Roundabout with the opportunity to help build on Tech City’s success if the Capital wants to maintain its competitive edge, shadow business secretary Chuka Umunna has warned. Speaking at the launch of the Sussex Innovation hub in Croydon Umunna said that whilst Tech City had…

Credit HQ

Fintech startup Ormsby Street launches new credit tool for small businesses

Fintech startup Ormsby Street has launched a new Insight Engine for its free online tool CreditHQ, which will now provide straightforward, actionable insight to small businesses who check the financial health of customers, suppliers and partners. The Insight Engine launch comes as new Ormsby Street data analysis has revealed that the late payments pursued within…

Plentific

Plentific links up with The Conveyancing Association

Plentific.com has teamed up with The Conveyancing Association as it looks to support homebuyers and homeowners in their search for reliable local conveyancers. Plentific and the Conveyancing Association will work closely together to help improve communication between users and conveyancers by identifying the common problems during the home purchase or sale. This relationship will increase…

Editors picks

Mobile Banking

Will digital-only banks kill traditional players?

Europe money

European companies raise €2.6bn in equity finance in Q1 2015

House keys

BrickVest property investment platform receives $1m

GE2015

Women in tech are voting Labour at #GE2015

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Nationwide Elevator Pitch series 5 – Apply Now!

Legal

SyndicateRoom and Taylor Wessing launch crowdfunding Investor Academy