News
Rewire, a fintech startup that develops cross-border online banking services tailored for the needs of expatriate workers worldwide, has announced a Series B funding round of $20m and significant line of credit from a leading bank. Rewire was founded with the vision to empower every migrant to fulfill their financial potential for a better future, for themselves and their families.
Following news this week that people have been rushing to book holidays for summer, data from absence management platform, e-days reveals that Mondays, already the day people are most likely to book holiday, will see a spike in holiday bookings post government announcements in 2021. So far Monday January 4th, the first day back after the Christmas break, and Monday 22nd February, following the UK government’s announcement of the roadmap out of lockdown, have witnessed the biggest leap in number of leave bookings.
A brand new recruitment agency has launched in the West Midlands with the ambition of making the industry a more community-conscious one. 70/30 Club is leading the way in ethical recruitment, committing 70% of its profits to local charities every year, whilst delivering talent acquisition for a range of organisations.
Future Acres – a new startup bringing sustainable agricultural robotics to the farm industry in order to optimise workforce efficiency and safety – has launched to raise up to $3m in seed capital via equity crowdfunding site, SeedInvest. The company is producing an autonomous, electric agricultural robotic harvest companion, named Carry, to help farmers gather hand-picked crops faster and with less physical demand.
A tech spin-out whose cloud based data capture and analysis technology is unlocking five-fold increases in manufacturing factory floor productivity in the North of England has secured a significant six-figure investment from a combined Angel and Venture Capital syndicate, valuing the company at £2m.
Revolutionary packaging startup, SoluBlue, has been awarded the top prize of €500,000 from the Postcode Lotteries Green Challenge, one of the world’s largest annual sustainability competitions. The Cambridge-based startup beat over 650 startups from across Europe to be crowned the latest winner and will now use the prize money to scale up its technology for pilot production among retailers.
Tech Nation, the UK network for ambitious tech entrepreneurs, has announced the ten early-stage scaleup winners of its nationwide competition, Rising Stars. These companies have been selected because they are at the forefront of UK technology, across a range of subsectors, providing solutions such as digitally connecting healthcare workers with communities, digital recruitment for schools, and tools for online content creators.
Waze, the platform bringing together communities on and off the road, has announced updates to Waze Ads Starter, its advertising solution tailored specifically to small businesses. The features take into account the unique challenges faced by small businesses now, making it easier for them to connect with existing customers and attract new ones while making the most of their marketing investment.
Rental deposit fintech, Fronted has launched this month, becoming the second company to be powered by Yobota’s core banking platform. Founded in 2016, London-based technology firm, Yobota has built a fast, flexible, cloud-native core banking platform that allows clients to create and run innovative financial products.
Step Anywhere 2021 is on for March 29th, 30th, and 31st, and fully online! Organised by the team behind Step Conference, The Leading Online Tech Festival For Emerging Markets will bring together over 1500 international attendees, 100 showcasing startups and global players in healthtech, edtech, fintech, foodtech, smart cities, digital media, and more.
LOT Network, the international community of the world’s leading high-tech companies committed to protecting its members from costly litigation from patent assertion entities (PAEs, also known as ‘patent trolls’), has announced that ByteDance has joined its 1,200 member organisation. In doing so, the company is taking proactive measures to protect itself against potential litigation from PAEs, and inoculating themselves from a pool of over three million patents.
Design Pickle, the leading graphic design and creative services subscription platform, has released information about their acquisition of British design services company, Design Hero. The acquisition marks the first of its kind for Design Pickle, paving the way for expansion into the UK and European creative markets.







