UK’s MarketFinance scores $383M to fuel its online loans platform for SMBs

Small and medium businesses regularly face cashflow problems. But if that’s an already-inconvenient predicament, it has been exacerbated to the breaking point for too many during the Covid-19 pandemic. Now, a UK startup called MarketFinance — which has built a loans platform to help SMBs stay afloat through those leaner times — is announcing a […]

Airwallex raises $200M at a $4B valuation to double down on business banking

Business, now more than ever before, is going digital, and today a startup that’s building a vertically integrated solution to meet business banking needs is announcing a big round of funding to tap into the opportunity. Airwallex — which provides business banking services both directly to businesses themselves, as well as via a set of […]

Index Ventures launches web app to help founders calculate employee stock options

The ability to offer stock options is utterly essential to startups. They convince talented people to join when the startup is unlikely to be capable of matching the high salaries that larger, established tech firms can offer. However, it’s a complex business developing a competitive stock option plan. Luckily, London-based VC Index Ventures today launches […]

As UK Gov reaches out to tech, investors threaten to ‘pull capital’ over M&A regulator over-reach

UK competition regulators are spooking tech investors in the country with an implied threat to clamp down on startup M&A, according to a new survey of the industry. As the UK’s Chancellor of the Exchequer engaged with the tech industry at a ‘Chatham House’ style event today, the Coalition for a Digital Economy (Coadec) think-tank […]

Iceland’s Crowberry Capital launches $90M seed and early-stage fund aimed at Nordics

Crowberry Capital, operating in Reykjavik and Copenhagen, has launched Crowberry II: a $90 million seed and early-stage fund aimed at startups in the Nordic region. A second close — bringing in an additional $40 million — is planned for July 2022. The EIF (European Investment Fund) is the lead LP on the fund, after putting […]

Two UK tech figures plan to row the Atlantic for charity supporting minority entrepreneurs

Two UK tech figures are to row across the Atlantic Ocean to raise money for a charity that funds social entrepreneurs from minority backgrounds. Guy Rigby, founder and now Chair of the Entrepreneurial Services Group at Smith & Williamson, and entrepreneur, investor David Murray will raise money for UnLtd which has supported over 15,000 social […]