Ada Health lands €40m from Len Blavatnik, Amazon Alexa creator William Tunstall-Pedoe and Google business chief Philip Schindler’s June Fund October 31, 2017 The company behind a healthcare app which can help diagnose symptoms has landed a multi-million pound round of funding from investors, who include a top Google executive, the man who created Amazon's Alexa voice assistant and one of Britain's richest billionaires. London and Berlin based Ada Health has raised €40m (£35.2m) to grow the business [...]
Monzo now supports Android Pay, but not Apple Pay just yet October 24, 2017 Monzo has added support for Android Pay, the latest new feature to be added by the digital challenger bank as it rolls out full current accounts. It's also the first digital wallet the fintech has added support for. “Our goal at Monzo is to make everyone's financial lives easier. That can mean helping you at [...]
London’s no longer the UK’s top smart city as Bristol overtakes October 23, 2017 Bristol has overtaken London as the UK’s leading smart city a new index reveals. The south west city leapfrogged the capital when it comes to how it approaches digital innovation and its vision for a connected city. Under the so-called smart cities label comes tech such as driverless cars, 5G connectivity and "big data" – [...]
Listen up, nerds: These are the UK’s best paying tech jobs October 20, 2017 Tech may be trendier than banking, but it looks like its salaries are beginning to catch up too. New research by salary benchmarking website Emolument has suggested those with much-needed tech skills can "name their price" as companies scrabble around to find people with the right experience. The best-paid jobs in UK tech are so-called [...]
UK fintech startups are on track for a record-breaking year of investment in 2017 October 19, 2017 Fintech startups in the UK are on track to attract a record amount of investment in 2017 new figures reveal, bucking concerns that Brexit could derail the star sector. More than $1bn (£760m) has already been ploughed into technology firms hoping to disrupt finance this year by venture capital investors, more than double the amount [...]
Goldman Sachs and Citi among most active blockchain technology corporate investors October 19, 2017 Blockchain is catching the attention of big business more than ever before with the number of corporate investors hitting a new high. So far this year, 91 firms have put their cash into the technology which has emerged from bitcoin but has wider applications. And that number is closing in on that of venture capital [...]
The Land Registry’s tapping tech startups to make property more digital with artificial intelligence and chatbots October 19, 2017 The government department in charge of the country's property and land records is turning to startups for technological innovation. Land Registry will work with three property technology, or proptech, startups as part of a new programme aimed at improving property transactions A startup using artificial intelligence to help conveyancers asses risk, Orbital Witness, and another [...]
HSBC’s partnering with fintech startup Bud in latest Open Banking push for First Direct October 19, 2017 HSBC is partnering with London fintech startup Bud in its latest efforts toward Open Banking. The bank will offer Bud's financial management tools under its online only brand First Direct in a new trial, hot on the heels of the launch of its new app Beta last month. Users will be able to see their [...]
UK businesses have slashed their cyber security budgets by a third October 18, 2017 Businesses in the UK have cut the amount of cash they are spending on cyber security despite the growing threat of attacks. Budgets for security are a third of what they were this time last year, down to £3.9m on average, compared to £6.2m according to research from PwC. The cost of attacks has fallen, [...]
Google Pixel 2 and Pixel 2 XL review: Simply the best Android phones ever made October 18, 2017 Google’s new phones are rather good. The Pixel 2 and its bigger brother the Pixel 2 XL (identical in every way but shape, size, price and battery) are straightforwardly excellent. They are simply the best Android phones ever made. Life-changing, envelope-pushing, they can shift a paradigm from fifty paces. They do your laundry, improve your [...]