Thought Machine lands £45m funding round after losses widen Business Thought Machine has sealed a £45m funding round after the London fintech reported widening losses. The funding was secured in July, according to fresh Companies House filings seen by City AM, but the firm had not previously disclosed the investment. Thought Machine said it obtained the cash from its existing investor base. “The funding supplements [...]
Thought Machine boss backs London listing for $2.7bn fintech Banking The chief executive of Thought Machine, one of Britain’s most valuable fintechs, has thrown his weight behind a London IPO, but admitted he is under pressure to list in New York.
Tech chiefs warn Chancellor not to undermine growth with tax hike Business A sweeping hike in capital gains tax (CGT) risks “undermining the chancellor’s growth agenda” and could suck talent and investment away from Britain’s start-ups, some of the country’s top fintech bosses have warned. Industry bodies and tech chiefs mounted a co-ordinated push to topple the suggestion of a blanket rise in CGT yesterday as they [...]