Leading independent asset-based lender Independent Growth Finance (IGF) has announced its latest growth figures, building on 2021’s record-breaking results. April saw client volume increase by 46%, now more than £2.4bn annually and a 55% growth in fund-in use against the same period last year. This continued growth is impressive amidst challenging economic conditions, and is testament to IGF’s continued commitment to financing underserved […]
LHV UK, a leading banking services provider to over 200 fintech and crypto companies has announced the opening of its second UK office in Leeds. The Company’s engineering and development teams, who will be tasked with building a proprietary online customer portal specifically tailored for the Company’s B2B fintech clients, will be based in the […]
The UK’s leading health and dental plan provider Simplyhealth, has announced it has invested in Ampersand, provider of digital therapies for inflammatory conditions. This collaboration will help accelerate the adoption of digital therapeutics in the UK, reducing outpatient appointments, improving health outcomes and cutting unplanned hospital visits for patients suffering with a broad range of […]
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 […]