Tag: UK
Mitrefinch picks up £20m from LDC in management buyout
Mitrefinch has raised £20m in an equity investment from LDC for its human capital management software.
Monzo grabs new £4.8m round from Passion Capital
UK challenger bank Monzo has raised £4.8m in what it's calling an 'interim' funding round led by Passion Capital.
Startupbootcamp InsurTech pens £1m deal with Eos
Startupbootcamp’s InsurTech accelerator has inked a deal with Eos Venture Partners that will see the investor put up to £1m into the accelerators’ cohort of startups next year.
Accenture buys design agency to help redesign retail banking
Professional services giant Accenture has acquired digital banking-focused design agency Allen International to boost its digital transformation capabilities.
Smart home InsurTech startup Neos nabs £1m
Smart home insurance service Neos has raised £1m in a seed round from Eos Venture Partners.
CityFALCON smashes through crowdfunding target
London financial news and intelligence platform CityFALCON has hit its £150,000 crowdfunding target in less than a month. The company attracted 120 investors to its campaign on Seedrs.
Ravelin scoops up £3m for machine learning fraud detection
London-based fraud detection startup Ravelin has raised £3m in a Series A round of funding. The investment was led by Playfair Capital with existing backers Amadeus Capital and Passion Capital.
Funderbeam pockets $2.6m for blockchain stock exchange
Funderbeam has raised $2.6m in a new round of ventures funding from Draper Associates, Thomson Reuters and IQ Capital.
Alipay partners with Zapper for UK payments
Chinese mobile payments service Alipay is partnering with UK consumer insights and marketing platform Zapper.
Financial fraud grows 25% as criminals exploit data breaches
Financial fraud losses reached £399.5m in the first half of 2016, a 25% increase on the £320.3m lost in the same period last year as a result of scams and online attacks.