Previse has announced that it has closed the first phase of its Series B financing. The UK-based fintech has raised USD 18 million of new capital to expand the availability of its innovative ‘data-driven’ working capital finance solutions, designed for SMEs. The round was led by Tencent, a global leading technology company, along with participation […]
Greeting card giant Moonpig has announced the proposed acquisition of Buyagift, the gift experiences platform, for £124m. The acquisition accelerates Moonpig’s strategy of becoming a leader in the gifting market, and gives them entry into the £6bn experiences segment. Buyagift is the UK’s leading gift experiences platform with the number one and number three brands […]
UK digital lender Atom Bank is eyeing up a listing in New York in what will be a major blow to London’s efforts to promote itself as a premier destination for tech IPOs. Durham-headquartered Atom, founded in 2013 by Mark Mullen, is set to float in New York via a £700m merger with a special […]
A rare Mercedes-Benz racing car known as the Mona Lisa of cars has been sold by the company for a record £115 million. The 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupé, one of only two of its kind, is a sister car to racing legend Sir Stirling Moss’s record-breaking open cockpit 300 SLR, which covered 992 […]
MyMynd, the mental health platform for employees, has received £650,000 in pre-seed funding. The funding came in from investors including Triple Point Ventures and angel investors including Andrew Nadin, Southeastern Grocer’s Chief Customer and Digital Officer; Maurice Abboudi, serial hospitality entrepreneur and investor on BBC 2’s ‘My Million Pound Menu’; and Will Jones, founder of […]