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A London-based PropTech firm backed by Google has secured a further £1.5m in seed funding. The AI-focussed property management software firm will add to its investment from Google a further £1.5m in seed funding from Silicon Valley VCs including Venture University, Pi Labs, Plug and Play, WISAG FM and Henley Investments. Its software allows for…
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Stephen Welton, who runs Business Growth Fund, the UK’s most active investment vehicle, has questioned the business model of Britain’s venture capital firm. The total amount of VC money invested in Britain rose by 37pc to £4.4bn over the first six months of this year, according to KPMG.However, venture capitalists are shying away from investing…
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The United Kingdom’s tax, payments and customs authority Her Majesty’s Revenue & Customs (HMRC) has reportedly requested that digital currency exchanges provide it with information about customers’ names and transactions aiming to identify cases of tax evasion. Crypto exchanges come under fire UK’s Tax Authority Requests User Data From Crypto Exchanges: Report. According to fintech-focused…