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Fintech

  • FinTech investment triples to $12.2bn with Europe experiencing biggest growth

    July 29, 2015

    Investment in the flourishing global FinTech sector tripled to a staggering $12.2bn (£8.2bn) last year and grew at more than triple the rate of overall VC investment. Europe's share of investor cash grew at the fastest rate compared to anywhere else in the world as the region cements its reputation as an area for producing successful [...]

  • David Cameron to take UK fintech leaders on Asian tour

    July 26, 2015

    David Cameron will go on a trade mission to Asia next month as part of the government’s plan to develop the UK financial technology sector. The delegation is made up largely of senior staff from the financial tech sector, reflecting the government’s aim to position the UK as a fintech leader. Thirty businesses will be [...]

  • Flexi-time and compressed hours on the rise as City firms ditch 9 to 5 to compete with fintech

    July 26, 2015

    City employers are loosening their ties and becoming less rigid over staff working hours, according to research that shows a jump in the number of workers being given more flexibility. A third of men working in the City (34 per cent) say they now have some flexibility over the hours they work, either through flexi-time [...]

  • Forget Silicon Valley and Silicon Roundabout: Birmingham’s Silicon Canal is the future of the UK’s technology sector

    July 23, 2015

    For years now we've been told that London could rival the Silicon Valley with its own tech hub. But five years after launching my business, I’m a bigger advocate for Birmingham's Silicon Canal than I have ever been.  There is an incredible talent pool in Birmingham that offers a wealth of brilliant software engineers. These [...]

  • Residential property investment is easier than ever thanks to the fintech sector

    July 22, 2015

    For most of us, buying our own home is an important decision but how many of us truly consider residential property as an asset class for investment?     UK residential property is a massive market valued at nearly £5 trillion however, the market is dominated by owner-occupiers, with just £1 trillion owned as an [...]

  • Tessa Jowell forms business group with former trade minister Mervyn Davies to make London the tech capital of the world

    July 16, 2015

    How can London become the tech capital of the world?    That's the question being put to business leaders including former trade minister Mervyn Davies, National Express chairman Sir John Armitt and London Chamber of Commerce chairman Mark Adams today.    The group, which has been set up by mayoral hopeful Tessa Jowell, also includes [...]

  • Tech London Advocates’ Russ Shaw: Why transparency on pay will help, not hinder, London’s tech sector

    July 15, 2015

    The Prime Minister's plans to force firms to publish average salaries of male and female employees has been met with reluctance from many within the private sector but it has kept the spotlight firmly on diversity and talent within British business.   Within the technology sector, this continued focus from government and business leaders is [...]

  • Cisco is making $1bn investment in UK tech including $150m IoT startup venture backing

    July 9, 2015

    Cisco is making a major long-term investment in UK tech with $1bn of investment and the creation of hundreds of jobs. The tech company which already employs 7,000 people in the UK – its biggest market –  is also eyeing up acquisitions here, continuing a spree that has seen the company buy up five tech [...]

  • Optimal Payments share price rockets on optimism over Skrill takeover

    July 3, 2015

    Shares in online payments provider Optimal Payments rocketed by more than 11 per cent this morning, after it told investors the long-awaited reverse takeover of rival Skrill would be complete by the end of the month. Read more: Optimal Payments aims for the main market after Skrill buyout In a trading update issued to the London [...]

  • Barclays cheque scanning tech leaves other banks in the past

    July 2, 2015

    Barclays customers are ahead of the curve when it comes to financial technology, as the bank’s secure cheque-scanning service was made available to all smartphone customers yesterday.   Cheque imaging, which iPhone-owning Barclays clients have been able to use since last year, allows anyone using their banking app to pay a cheque into an account [...]

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