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Equiniti opens its brand new FinTech innovation centre in Cardiff

The Welsh government’s strategy to develop one the largest financial and professional services sectors outside of London received a welcome boost today when Equinti, one of the UK’s leading technology, investment, pensions and payment companies, opened its brand new FinTech innovation centre. Located in Cardiff’s newly developed ‘Capital Quarter’ within Central Cardiff Enterprise Zone, the…

Image credit: Julius Kielaitis

London Tech Week unveils top startup shortlist

UBM, the company behind London Technology Week, has unveiled 16 startups shortlisted to win a showcase at the Interop London conference, hosted during June’s event. The shortlist includes: Israeli biotech company AtlaSense, big data platform brytlyt, IT services company Cirrus Cloud, Do Consultants, FJF Technologies, unstructured data experts Kazoup, IoT startup Omnifi Ltd, smart energy firm OpenTRV, PiP Payments, Plugmystore.com SAS, Remitia, who recently struck a…

GuestU

GuestU pocket concierge raises $1.1m

London-based pocket concierge GuestU has raised $1.1m from Portugal Ventures. The company offers a whitelabel solution for hotels and other hospitality businesses to create a customised app for them to engage with and upsell additional experiences to their customers. GuestU launched this year and the startup is originally from Portugal but moved its HQ to London. The…

MassChallenge edit

90 startups join £500,000 MassChallenge UK accelerator competition

MassChallenge UK has unveiled the 90 startups that will be competing in its accelerator programme for a £500,000 equity-free cash award. Almost half of the cohort are London-based and performed particularly well in “high tech” sectors, including internet and web services, enterprise software and hardware, with translator Babelverse, travel memory collator Timelooper, investor portfolio manager Xenapto and branded…

startupbootcamp

Finextra’s Liz Lumley appointed MD of Startupbootcamp Fintech London

Financial technology journalist Liz Lumley has been appointed MD of Startupbootcamp Fintech’s accelerator programme in London. Lumley has worked in the industry for more than 20 years and was most recently special projects editor at fintech newswire Finextra, where she looked after multimedia content. “I have seen a lot of changes in banking, technology and financial services…

Kibbi

Mercia Fund Management invests £150,000 in smart home tech and social credit checker

Mercia Fund Management has unveiled two SEIS seed investments of £150,000, one in smart security firm Kibbi and a second in social-driven credit checker Friendly Score. Kibbi, which provides motion detectors, cloud-based video surveillance and an app for home security, raised an early crowdfunded round on Indiegogo and was a finalist in the British Inventor Award…

Loyalzoo-iPad-mini

Loyalzoo raises £250,000 on Seedrs

Mobile loyalty app Loyalzoo has passed its £250,000 target for its second round on the Seedrs platform. The startup, which was founded in 2013, has so far attracted 156 individual investors in this round, taking 12.21% equity in the company. Loyalzoo has a pre-money valuation on Seedrs of more than £1.8m. The wallet app is used…

London Investment

Tech sector is “leading the way” on bringing foreign investment to London

London has seen a record £450m invested in the tech sector during Q1 2015, plus a boom in the number of companies setting up operations here, research from London & Partners has revealed. Just 10 years ago, 26 companies opted to move from across the world here to London, compared to the last financial year,…

joannashields

Shields to step down from Tech City UK to concentrate on ministerial role

Baroness Joanna Shields is to step down from her role as Tech City UK chair to concentrate on her new ministerial position. Shields has been appointed as Minister for Internet Safety and Security at the Department for Culture, Media and Sport, where she will focus on protecting the safety and security of citizens online. Before…

Sajid_Javid_edit

Enterprise Bill to ‘make Britain the best place in Europe to start a business’

Business Secretary Sajid Javid will today outline an Enterprise Bill that promises to help make Britain the best place in Europe to start and grow a company. The plans, which will be detailed in the Queen’s Speech next week, include a pledge to ”cut red tape for business by at least £10bn over the next five years,” along…

OLYMPUS DIGITAL CAMERA

Big Data specialist bd4travel raises $4.2m Series A Round led by Hoxton Ventures and Talis Capital

bd4travel, the predictive analytics platform for the travel industry completed a $4.2m Series A funding round led by Hoxton Ventures with participation from Talis Capital and Robin Klein of The Accelerator Group.The investment comes as Simon Breakwell, Expedia founder and partner at TCV, joins the company as chairman. bd4travel is a real-time personalisation platform for…

ignite

Pre-seed programme Ignite unveils nationwide expansion plans

Leading independent pre-seed programme Ignite has unveiled ambitious plans to expand across the UK. The North East-based programme, which supports teams of first-time entrepreneurs building innovative web and mobile-based businesses, is raising £1.8m to operate six programmes in Newcastle, London and Manchester through until July 2017. Each programme will invest in 10 early-stage businesses and…

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Cardiff

Equiniti opens its brand new FinTech innovation centre in Cardiff

Shields steps down, Russia challenges US tech, All male panels and more in your week in tech

Image credit: Julius Kielaitis

London Tech Week unveils top startup shortlist

GuestU

GuestU pocket concierge raises $1.1m

MassChallenge edit

90 startups join £500,000 MassChallenge UK accelerator competition

startupbootcamp

Finextra’s Liz Lumley appointed MD of Startupbootcamp Fintech London