The new wave of FinTech companies that have begun to produce high profile alternatives to traditional banks and electronic financial services companies have absolutely captured the limelight over the past two to three years, resulting in a dynamic which is very unusual in the financial sector, that being vast investment from venture capital funds into […]
Earth AI Competitors, Revenue and Employees
EARTH AI, the mineral targetting start-up, whose technology can predict the location of new ore bodies far cheaper, faster, and with more precision than previous methods, on 16 August announced a funding round of up to AUS$2.5 million from Gagarin Capital, the VC firm specialising in AI, and Y Cominbator. Previously, EARTH AI raised AUS$1.7 […]
Who are the major revenue-based investing VCs?
According to Workthere’s latest research report, Venture Capital funding in the UK reached a record high of £4.3 billion in H119, which is a 45% increase on the same period in 2018. The report shows that the average deal size for UK VC investment doubled to £5.9 million in the first half of the year with 724 […]
Global fintech investment doubles to €43 billion in 2018
FinTech funding has continued to boom in the UK, with the country seeing investment in the sector at the start of 2019 almost doubling on the levels seen over the first six months of 2018. The global FinTech sector could be set to see falling interest, however, following declines in both volume and value. As […]
UK FinTech Investment Flying High in 2019
UK FinTech Investment Flying High in 2019. That is according analysis by consultancy firm Accenture, which found that the UK attracted $2.6bn (£2.2bn) in the first half of this year, with the number of deals jumping 25% to 263. However, total global investment fell 29% from $31.2bn to $22bn, largely because there were no giant […]
Investment App Robinhood Wins License to Operate in UK
Robinhood, a stocks, ETFs and crypto investment app, has been given the green light to operate as a broker in the U.K. Investment App Robinhood Wins License to Operate in UK. Allowing the firm to now launch its offerings in the U.K. market, the firm’s subsidiary, Robinhood International, has received a broker’s license from the […]