Revolutionary is overrated – unsexy is the new black February 1, 2019 There was a time when pushy parents steered their children towards professions like medicine, banking, or law, while their offspring dreamed of being musicians, pilots, and firefighters. Now, it seems that having the next big idea or making money through your personal brand on social media is the common career goal. The entrepreneur is the [...]
Men’s wellness startup Hims lands in the City for its UK launch January 30, 2019 Men’s health startup Hims is making its first international leap across the pond, settling on London’s Liverpool Street for its UK launch. The startup, which specialises in subscription services for wellness products targeted towards men, has partnered with a unnamed national high street pharmacy chain to also support the dispatch of prescription medication. Read more: [...]
Former Marketinvoice boss raises $30m for fintech startup Complyadvantage, backed by Index and Balderton January 30, 2019 The fintech startup formed by the co-founder and former chief executive of London firm Marketinvoice has closed a $30m (£22.8m) funding round today, backed by Revolut investors Index Ventures and Balderton Capital. Complyadvantage uses artificial intelligence to analyse the risk of financial crime for some of the world’s largest banks. The startup will use the funding to [...]
London startup backed by the Mayor and National Grid launches embedded car charging points January 29, 2019 Connected Kerb has today launched its first series of electric car charging points fully embedded into the road's curbside. Built into Borough Road in Southwark, the launch was supported by Southwark Council, Virgin Media and National Grid. The move comes after the London startup won the Mayor's Award for Urban Innovation last year. Users of electric cars [...]
Sharp rise in property values for UK’s top shared office space providers January 28, 2019 The value of property owned by the UK’s biggest shared office providers soared by more than a third last year. In a sign of the growing flexible workspace market, the value of the industry’s top ten share office providers’ property jumped 35 per cent to £13.6bn last year. The new data, released by real estate [...]
London startups take the lead in Tech Nation’s fourth Upscale accelerator January 25, 2019 City startups have landed more than two thirds of the places available on Tech Nation’s fourth Upscale acceleration programme, beating out over 100 applicants. The digital entrepreneur network, which also runs a fintech accelerator backed by the Treasury, has selected 30 startups as “ones to watch” in 2019. The fast-growing tech firms will enter the programme’s [...]
London-based AI and emerging technology festival bags HSBC as lead sponsor January 25, 2019 An upcoming London-based festival of artificial intelligence, blockchain and emerging technologies has named global banking giant HSBC as its lead sponsor. CogX 2019, which takes place at the start of London Tech Week from 10-12 June, will also move to King’s Cross this year, and will feature 500 speakers, 300 startups and more than 15,000 [...]
Business lender Iwoca gets a helping hand with £7.5m from London fund Augmentum Fintech January 24, 2019 Small business lending challenger Iwoca is planning to close its next funding round within weeks, as the first stage of investment is revealed. London-listed fund Augmentum Fintech has plugged £7.5m into the round, which City A.M. understands to be part of a much larger series D raise to be announced in early February. A representative for Iwoca declined [...]
Here’s what happened to the UK professional jobs market in 2018 and what to watch out for in 2019 January 24, 2019 It is not unusual after the rest and relaxation of Christmas for people to consider their current career path and decide to search for new opportunities. But it’s also important for these prospective jobseekers – and hiring managers – to look back at the previous year, in order to learn about the current state of [...]
DEBATE: Following reports of the Dyson relocation, is Singapore the new go-to place for tech? January 24, 2019 Following reports of the Dyson relocation, is Singapore the new go-to place for tech? Elsa Hu, director of Asia at GP Bullhound, says YES. Singapore has long been the headquarters of choice for Southeast Asian tech startups, due to its mature business ecosystem, proximity to two of the world’s booming economies, huge talent pool, and attitude [...]