London tech firm unveils first UK smartphone in five years March 23, 2022 London-based tech firm Nothing has announced plans to launch the first UK smartphone in five years as it looks to challenge the dominance of Apple and Samsung.
Apple snaps up Credit Kudos in open banking push March 23, 2022 Tech giant Apple has snapped up UK open banking startup Credit Kudos as it ramps up its push into payments.
UK home to second most hedge funds, as US dominates rise of crypto strategies March 22, 2022 Britain is home to the second largest hedge fund market in the world, with more than 500 set up in the capital since 2019. The US leads the way with 67 per cent of the global share, with New York boasting almost 7,000. Data compiled for SigTech also shows London has 2,230, with nearly a [...]
NatWest to roll out buy-now pay-later credit as demand booms March 22, 2022 NatWest is set to be the UK’s first high-street lender to move into the booming buy-now pay-later market as it rolls out a dedicated product for customers later this year.
Tech firms lead business growth across Britain as one in four of all high-growth companies are startups March 22, 2022 Of the 175 fastest-growing UK companies – firms that have been able to grow their revenue 20 per cent or more, around a quarter (44) companies are technology companies, according to new research shared with City A.M. today. A significant number of these are fintechs. This includes payments giant Wise, which has managed to grow [...]
SPAC snaps up Ondo to make it first public ‘insurtech’ firm in London March 21, 2022 Ondo has become the first ‘insurtech’ firm to go public in the capital today, as listed acquisition vehicle Spinnaker Acquisitions snaps up the firm and brings it onto the London Stock Exchange.
Shoppers turn to buy-now pay-later amid cost of living crunch March 21, 2022 Consumers are increasingly turning to buy-now pay-later (BNPL) products to manage their finances amid a cost of living crunch, fresh research has revealed.
Are UK venture capital firms missing out on an African tech boom? March 21, 2022 Are UK VCs missing out on a new generation of African tech firms with huge growth potential?
Exclusive: Government turns to top fintechs to champion sector overseas March 18, 2022 A group of the UK’s top fintech firms will join a new government-backed body designed to help shape trade agreements and champion UK fintech internationally, as ministers look to leverage the sector as a force for trade.
Loosened pension rules could unleash £5bn tech and science investment March 17, 2022 Government plans to loosen pension investment rules could unleash a wave of funding into the UK’s tech and life science sectors, according to new research.