News

Rise in UK SMEs borrowing money expected in 2023

The majority of UK SMEs (88%) plan to lean on business finance and credit this year according to new research carried out by solution-led fintech provider Nucleus Commercial Finance (NCF).

Small businesses need new model for growth in recession

81% of business owners are worried about recession, with small business confidence taking a hit as the nation’s 5.5 million small firms face an array of challenges heading into 2023.

Common misconceptions about borrowing and saving with credit unions

The highest increase in consumer debt in over 18 years means thousands of people are turning to credit unions to borrow money in the UK.

65% jump in fintech use – with boomers the fastest-growing cohort

The use of finance apps jumped by almost two-thirds in 2022 – with boomers the fastest growing demographic, reveals new data from one of the world’s largest independent financial advisory, asset management and fintech organisations.

Dexory announces a new round of angel investors joining advisory board

Dexory, an intelligence and robotics company, has announced they have a new round of angel investors. This follows significant investment in 2022, when they secured $13 million (£11 million) in a seed round led by Swiss venture capital firm Lakestar.

BRITS LOST £4 billion to fraudsters in 2022

The 2022 Fraud Report from money.co.uk is back; The report analyses police figures to reveal where in the UK has seen the biggest rise in fraud and cyber crime, and which are the most common types.

Oxford Medical Products Announces First Human Trial Of Sirona

Oxford Medical Products (OMP) has today announced the first human trial of Sirona, its self-expanding hydrogel capsule which aims to deliver a safe, effective and affordable breakthrough technology for weight loss.

Salaries fall despite Cost-of-Living crisis

Data suggests UK businesses feeling the pinch, but firms’ competitive standing could be at risk

New Venture Builder set to invest €1.5M equity-free to address funding shortages and growth difficulties among deeptech startups in CEE

Today at the European Innovation Council Summit, Wolves Summit, Acceler8 and Anthology Ventures announce the launch of Ventures Thrive – a new pan-European venture building studio to accelerate deeptech startups with equity-free funding and a curated growth programme. The initiative is funded by the European Innovation Council (EIC) and is set to address funding shortages and growth difficulties among deeptech startups in CEE.

First-time exhibitors flock to ISE 2023

In a sign of the ever-growing and widening appeal of ISE, the 2023 show is set to welcome more than 900 exhibitors, including around 120 first-time exhibitors who will take up 3,630sqm of floorspace at the Fira.

European Business Leaders Confident Despite Current Headwinds

While 65% of European business leaders agree they are facing the most challenging operating environment ever, an even larger proportion (77%) are confident about their organizations’ capacity to accelerate growth in an economic downturn, according to a new report from Accenture (NYSE: ACN).

Q&A with Sam Martin-Ross, MD of Digital Uncut

Sam Martin-Ross is Managing Director of Digital Uncut, a digital marketing agency that delivers data-driven campaigns for scale-up businesses. We sat down with Sam to discuss the different components of SEO, and how B2B firms can develop an effective SEO strategy to generate leads.

Stage2 to offer 10 new places in its acceleration program aimed at industrial tech start-ups

Stage2, the first Spanish accelerator for start-ups in the industrial space, launches today a new call for applications to its industrial-tech acceleration program, which is based in Barcelona.

A third of employers do not record the impact that sickness absence has on their business

Research1 from GRiD, the industry body for the group risk sector, shows that although 85% of employers record the sickness absence of their staff, only 63% measure the impact that employees’ sick leave has on their business.

The 7th Edition Connected Banking Summit – East Africa will be held on 7th of March in Nairobi, Kenya

Global Executives, experts and leaders will take stage, as we return with the 7th Edition Connected Banking Summit in Nairobi, Kenya on March 7, 2023. The Connected Banking Summit Series focuses on building future-oriented banking models by accelerating the pace of digital transformation and delivering a delightful customer experience in line with policy and regulations while ensuring the highest standards of privacy and security.

Nine out of 10 fintechs will hire more fraud experts in 2023

World-leading digital ID verification company OCR Labs Global has today revealed the results of a new research survey, ‘Fighting Identity Fraud in an Economic Downturn’.

PropTech1 Ventures completes first closing of its second fund for startup investments in transformative real estate technologies at €44 million

The independent venture capital platform for transformative real estate technologies PT1 – PropTech1 Ventures has completed the first closing of its Fund II, with a target size of €100 million. €44 million has already been raised in the first closing, which is more than three times the volume of the first closing of the first fund.

Signed, sealed, not delivered: 73% of customers lose faith as cost-of-living crisis sees porch poacher problem

The survey, consisting of 1,000 UK consumers, found that 63% have experienced a delayed order in the past six months, while over two fifths experienced a delay of more than two weeks.

EVENING STANDARD SME XPO; CELEBRATING AND SUPPORTING THE SCALEUP COMMUNITY WITH INSIGHTS FROM ENTREPRENEURS, LEADING CEOS & INDUSTRY EXPERTS

Building on the success of its launch event, the Evening Standard’s SME XPO 25-26 April 2023 at ExCeL London, once again invites founders, entrepreneurs and business leaders to attend an action-filled two-day programme and exhibition connecting the scaleup community, a vital part of the UK economy.

Ringover launches Cadence to transform multi-channel prospecting for SMEs

VoIP provider Ringover has announced the launch of Cadence, its new multi-channel sales prospecting product designed to meet the requirements of SMEs.