Amazon, Google and Facebook could be the next competitive threat to banks
Forget fintech startups. Amazon, Google and Facebook could be the next big competitors for banks. Startups have been less disruptive in the financial services ecosystem than expected, a new report...
View ArticleThis top UK university is shaking up how it spins out innovative startups
One of the UK's top universities is shaking up how it spins out innovative startups to encourage more experts to found companies and boost the UK's technology industry. Imperial College will pilot a...
View ArticleAviva's invested in another fintech startup
Aviva has invested in another tech startup that could potentially help it do insurance better. The insurance giant has led a $10.4m series B funding round into US smart home startup Roost, along with...
View ArticleBreaking the feedback loop around patient capital
We must continue to support investment in startups, and recognise the pivotal role that equity crowdfunding plays in funding the UK’s entrepreneurial ecosystem. The government’s Patient Capital review,...
View ArticleUber's financials have been revealed
It looks like a troubling year for Uber has failed to dent demand for rides, with new figures shedding light on its finances. Losses narrowed, while revenue and bookings were on the up in the second...
View ArticleInvestment in UK insurtech startups is rocketing
The amount of cash flowing into innovative UK startups hoping to disrupt the insurance sector is rocketing, new figures reveal, with London attracting more than any other location in Europe. Investment...
View ArticleThe UK's answer to Amazon Fresh but for farmers markets is expanding
An innovative startup bringing food straight from farms to Londoners' tables plans to sprout up in other major cities across the country with fresh expansion plans. Farmdrop, backed by the founders of...
View ArticleUber's facing a fresh challenge in London with two new rivals pulling up
Uber's ride-hailing dominance in London is about to be challenged with confirmation of the arrival of two new ride-hailing startups in the capital, first reported by City A.M.. Estonia's Taxify has...
View ArticleTwo more bike-sharing startups are bringing hundreds more cycles to London
Mobike, obike, o not another bike... cycle-sharing is about to get even more crowded in London. Ofo is the latest bike-sharing startup to launch in the capital, bringing 200 cycles to the streets of...
View ArticleFlying car startup Lilium lands $90m from China's Tencent, ex-Twitter boss
A startup planing to make flying taxis a reality has landed a huge new round of funding from top investors, with tech giant Tencent among them, as it readies for take off. German firm Lilium has...
View ArticleEntrepreneurs should be selective with their investors
It’s not a secret that London is the fintech capital of Europe. Startups and tech entrepreneurs can flourish here because of the concentration of world-class financial services, and the access...
View ArticleVita Mojo shakes things up with a £10m series A round, backed by Investec
Healthy food-focused restaurant chain Vita Mojo has raised £10m in a series A fundraising round led by Investec Bank, as it heads for expansion. The firm said it is now "coming out of stealth mode" to...
View ArticleTech leaders to pressure European politicians to revise ‘archaic’ laws
More than 30 business leaders and entrepreneurs from across the technology industry have signed a letter to be delivered to European policymakers in January, urging them to consider updating EU laws on...
View ArticleRevolut to launch in Japan and Singapore, as US expansion experiences delay
Fintech startup Revolut has received authorisation from regulators in Japan and Singapore, operating under a licence similar to its UK business through partnerships with local banks. The banking app...
View ArticleQualcomm unveils $100m AI startup fund
US telecoms firm Qualcomm has launched a $100m (£78.3m) fund to invest in AI startups in a bid to promote new technology for self-driving cars and robots. The Qualcomm Ventures AI Fund will focus on...
View ArticleHow Britain’s growing tech sector can flourish in the face of Brexit
The last five years have seen an extraordinary phenomenon. The powerhouse that is the UK tech sector has boomed to a value of more than £180bn, outpacing the sluggish UK economy as a whole. Want to buy...
View ArticleUK investors warn of regulation risk to tech startups
UK investors are concerned legislation aimed at tech giants could have a damaging impact on startups, a new survey has revealed. A report published by the Coalition for a Digital Economy (Coadec) found...
View ArticleHow to forge a new golden era for the UK and China
The strength of Britain’s technological and creative industries, combined with the longstanding value of its archetypal brands, has given rise to a growing desire among Chinese companies to invest in...
View ArticleWhy do so many female bosses like working in shared workspaces?
London's flexible office market is growing. The last 18 months have seen a huge influx of startups and scaleups moving into these spaces, which cater to people who want more than just a part-time desk...
View ArticleUK fintech startup Weswap pulls the plug on 2018 London IPO plans
Peer-to-peer currency exchange platform Weswap has scrapped plans to list on London’s Alternative Investment Market (Aim) this month, after investor interest fell flat. Sources told City A.M. that the...
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