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      Monzo in talks over £10bn sale to Nubank in blow to IPO hopes

      The valuation would cement Monzo's status as one of Britain's biggest tech start-ups.

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tech

  • Lloyds Bank and Halifax users unable to use app in latest outage

    August 26, 2026

    Lloyds Banking Group has been hit with another app outage that has left thousands of customers unable to use services. The financial giant – which has Lloyds, Halifax and Scottish Widows under its umbrella – said it was “working to get things back to normal as quickly as we can” as users took to social [...]

  • Clio hires legal tech veteran to overhaul backlogged courts

    August 25, 2026

    Legal tech firm Clio has appointed Casetext’s co-founder to lead an initiative integrating AI directly into the court system. Clio, which currently offers its tech to lawyers and law firms, will create a “dedicated product line” of legal AI software “designed around the distinct needs of courts and judges”. Lawyer Pablo Arredondo was appointed to [...]

  • Monzo faces outage as thousands of users unable to make payments or transfers

    August 19, 2026

    UK fintech Monzo has suffered an outage that has left thousands of its users unable to use its banking services. The digital bank said it had “identified some issues” and initiated a stand-in backup service, which would allow users to still complete card payments and receive transfers. But some users have continued to raise concerns [...]

  • Watchdog takes aim at lawyers blaming juniors for AI blunders

    August 17, 2026

    The legal watchdog has called out lawyers responsible for supervising junior staff when false AI-generated citations are put forward to the courts, as senior lawyers “remain accountable” for juniors. The Solicitors Regulation Authority, the legal regulator for over 200,000 English and Welsh solicitors, said in a warning notice issued on Monday that those in charge [...]

  • Goldman and Intel back $5.4bn AI video startup

    August 17, 2026

    Goldman Sachs and Intel have backed AI video maker Higgsfield in a $400m (£295m) funding round that has more than quadrupled the two-year-old company’s valuation since January. The fresh funding values the startup at $5.4bn, up from $1.3bn just eight months ago, as investors pile into companies looking to turn generative AI into products businesses [...]

  • Legora eyes $10bn funding valuation four months after last raise

    August 13, 2026

    AI legal tech firm Legora is eyeing a new funding round as it aims for a $10bn valuation, nearly double the $5.6bn it raised in April. The Stockholm-based startup, which creates AI tools for law and professional services firms and corporate in-house legal teams to draft and review documents, is reportedly in the early stages of [...]

  • Capgemini MD: London must keep reinventing itself

    August 13, 2026

    Each week, we dig into the memory bank of the City's great and good. Today, Capgemini UK MD Rob Walker takes us through his career in tech.

  • Meta glasses court ban sparks privacy warning for City businesses

    August 13, 2026

    Meta’s controversial smart glasses have been banned from courthouses across England, prompting lawyers to sound the alarm for businesses about growing legal risks surrounding the wearable tech. Earlier this week, it was revealed that His Majesty’s Courts and Tribunals Service (HMCTS) had confirmed that camera glasses were banned from its sites across England and Wales. [...]

  • Corgi Cafe: My day at London’s 24/7 hub for tech bros

    August 13, 2026

    San Francisco startup Corgi is offering hustling Londoners a place to grind 24/7. Anna Moloney dares to go inside.

  • AI gold rush leaves accountancy firms exposed to costly cyberattacks

    August 12, 2026

    Accountancy firms are pouring millions of pounds into AI, but the industry forgot to modernise security systems and is leaving itself exposed to costly cyberattacks. According to a report by software company Fastly, shared with City AM, more than 75 per cent of businesses that identified as AI-first, meaning they had integrated AI into core [...]

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