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Limejump closes £3m Series A to disrupt the energy utility market

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Mass redundancies at Jinn as startup struggles to succeed in on-demand delivery market

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Tribunal fees ruled unlawful: How will this impact gig economy firms?

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GreenKey Technologies and Red Box Recorders partner to launch integrated trading voice collaboration and compliance recording solution
Leading light in British HealthTech, Network Locum, rebrands to Lantum
SteelEye announces regulatory tech specialist Matt Smith as CEO

WorldRemit

remittance

TransferWise, WorldRemit and Currencycloud: How UK startups are shaking up the remittance market
posted on May 18, 2017

We take a look at TransferWise, WorldRemit and Currencycloud – the UK FinTech companies breaking the remittance monopoly held by the likes of Western Union and MoneyGram.

CB insights

VC investment in UK FinTech ‘outpaced Germany despite decline’ in Q1 2016
posted on May 25, 2016

Funding for VC-backed UK FinTech companies has fallen by 41% on a quarterly basis despite it still outpacing that of Germany, according to KPMG and CB Insights Pulse of FinTech Q1 2016 report. Following on from the collapse of former UK payments unicorn Powa, the report says funding provided by VCs for FinTech firms slowed…

FinTech Monthly: WorldRemit lands $45m, JP Morgan tests blockchain tech & more
posted on February 29, 2016

Welcome to the FinTech Monthly for February 2016. This month’s video was filmed at our sponsor’s Wragge Lawrence Graham – recently merged with Canadian law firm Gowlings to form Gowling WLG – London office. Let’s take a look at this month’s top FinTech news. Funding and research London-based money transfer service WorldRemit landed $45 million…

worldremit ceo

WorldRemit’s CEO on why your startup should aim for early global expansion
posted on February 16, 2016

“Go global as early as possible.” That’s the advice from Ismail Ahmed, CEO and founder of money transfer service WorldRemit, which last week announced the closure of a $45m funding round. “We launched in the UK in 2010 and a few months later we launched in Canada. We went global really early and that is…

Over $120m UK investment, Tech Nation Report, Amsterdam in the spotlight & more in your week in tech
posted on February 12, 2016

Trussle, an online matchmaking service for mortgage seekers, has closed a $1.6m round led by Robin  and Saul Klein’s new VC firm, Localglobe. Money transfer service WorldRemit has landed $45m in new funding from TriplePoint Venture Growth, BDC Corp and Silicon Valley Bank. Cybersecurity startup Digital Shadows has closed a $14m series B round. Digital Shadows…

London (2)

London FinTech startup WorldRemit lands $45m in funding
posted on February 10, 2016

London-based money transfer service WorldRemit has landed $45m in new funding from TriplePoint Venture Growth BDC Corp and Silicon Valley Bank. The money, a company statement said, will be used to support the startup’s growth. Having raised $192.7m in funding to date, WorldRemit allows people to send money straight from their smartphone, as opposed to…

London VC cash down from Q1 – but $1.6bn so far already beats 2014
posted on October 8, 2015

Latest investment figures from London & Partners reveal a slowdown in London’s VC rounds compared to the start of the year, but the city has now smashed the total raised in the entire of 2014. Some $491m was raised in London in Q3 2015, compared to $427m in Q2, and a record $682m in the first…

Record $1.5bn raised in London in first half of 2015
posted on July 6, 2015

A record $1.5bn has been raised in London from venture capitalists in the first half of 2015, research from London & Partners has revealed. The tech sector secured 80% of this cash and made up 70% of all the deals negotiated during this time. London’s official promotional company said this has been driven by the fintech…

Record quarter for London VC investment
posted on April 2, 2015

London-based companies raised a record $682m in VC funding during the first three months of 2015, more than the entire amount raised in all of 2012. The research by London & Partners found this figure is up 66% year-on-year and significantly beats the previous record of  $411.6m set in Q4 2014. It is also over six times more…

Fintech success, Banks use Apple ID, Sony enter smart glass market & more in your Week in Tech
posted on February 20, 2015

It was a huge week for Fintech with an incredible $100M investment in London success Worldremit. Other investments include $25M in popular file sharing site WeTransfer and Onfido raising $4.5m to expand online verification. British Gas continue to invest in UK Tech as they plan to buy smart home technology AlertMe which powers Hive Active…

WorldRemit raises $100m to drive global expansion
posted on February 18, 2015

Online money transfer service WorldRemit has raised $100m in a Series B funding round led by Technology Crossover Ventures, with participation from existing investor Accel Partners. WorldRemit is a global leader in smartphone and web-based money transfers – providing a low-cost alternative to expensive brick-and-mortar agents. This investment will allow WorldRemit to extend its existing…

Editor's picks

Limejump

Limejump closes £3m Series A to disrupt the energy utility market
posted 8 hours ago

startup empty office

Mass redundancies at Jinn as startup struggles to succeed in on-demand delivery market
posted 10 hours ago

supreme court

Tribunal fees ruled unlawful: How will this impact gig economy firms?
posted 11 hours ago

urban massage

VIDEO: Urban Massage’s founder on the challenges and joys of growing a tech startup
posted 14 hours ago

London FinTech

UK ‘ranks third for global FinTech VC funding as firms raise $564m in H1 2017’
posted 15 hours ago

Cleo

FinTech startup Cleo gets £2m in round led by LocalGlobe
posted 17 hours ago