Babylon Health and NHS terminate contracts due to ‘tight’ economics
Digital health service provider Babylon Health and the NHS have terminated multi-year contracts in the UK due to “challenging global and macroeconomic conditions”. Babylon Health...
Category : UK
Fujitsu invests £22m into UK tech
Japanese multinational tech company Fujitsu has begun its programme of investment in the UK’s technology and science sectors, starting with £22m to create a Centre...
UK tech startups dominate Google’s Black Founders Fund
Google has revealed 40 black-led tech startups from Europe that will receive $100,000 (£82,000) investment from its $4m (£3.3m) Black Founders Fund, with 26 of...
Government launches £12m grant to boost UK digital startup growth
The government will launch a Digital Growth Grant of “up to” £12.09m to “boost the growth” of technology startups in the UK. The Digital Growth...
One in five UK adults own cryptocurrency – report
Nearly one in five UK adults own cryptocurrency, with almost half – 45% – buying it for the first time in the last year. That’s...
Purple Dot scoops $4m for inventory software tackling supply chain woes
London-based ecommerce waitlist and pre-order platform Purple Dot has raised $4m (£2.95m) in a funding round to expand its payment product, scale the business and...
Bank of England boss gives cryptoasset warning to financial institutions
Andrew Bailey, the governor of the Bank of England (BoE), has warned financial institutions to be “cautious and prudent” when dealing with cryptoassets until new...
Social audio app Wisdom picks up £1.5m funding
UK-based Wisdom, a social audio app, has picked up $2m (£1.5m) in a seed funding round led by First Round Capital along with a slew...
Fintech group SPG raises £25m to grow payments businesses
UK fintech group SPG, which owns Shieldpay and Paycast, has raised $34m (£25m) in a Series A funding round. The investment was led by Marqeta...
Greensill Capital collapse sparks appointed representatives overhaul
The Financial Conduct Authority (FCA) is looking to overhaul the UK’s appointed representative regime because a lack of due diligence is causing “harm” to the...
