UK outperforms US in creating unicorns from early stage VC investment Business The UK has created nearly three times as many unicorns than the US per dollar in early stage venture capital (VC) investment in the past decade, highlighting its attractiveness as an investment destination. According to analysis from venture-building firm IMS Digital Ventures, the UK has converted $18.5bn (£13.8bn) of early stage investment into 57 successful [...]
The five fintech segments to watch Fintech Global fintech funding slumped to its worst half-year in five years in the first six months of 2025. Investment reached $44bn (£32.47bn), falling from $54.2bn the year prior, whilst the number of deals fell from 2,376 to 2,216. Weak investment in the three months to June 31 2025, hurt the headline figures, with just $18.7bn [...]
InsurTech funding slumps despite AI demand insurance Global funding for InsurTech startups slumped in the second quarter of the year despite demand for AI as companies looked to the tech to help drive efficiencies and process claims. According to the second-quarter 2025 Global InsurTech Report, a collaboration between Gallagher Re and CB Insights, global InsurTech funding declined by 16.7 per cent quarter-on-quarter [...]
Eat marshmallows with your hands? HMRC wants you to pay more tax March 24, 2025 A case over the VAT liability of giant marshmallows "has taken a new bizarre twist" following questions on how people eat the chewy sweets
The UK’s three youngest tech entrepreneurs who started billion-dollar businesses May 18, 2024 These are the UK's three richest and youngest tech entrepreneurs who have managed to turn an idea into a billion-dollar business.