News
UK fintech R8 is rebranding as Mode in order to bring together the Group’s separate businesses under one common identity. Mode has also announced the appointment of ex-Alipay executive, Rita Liu, to the leadership team. Rita will help advance the Group’s vision of transitioning the world to a truly digital financial system that reduces friction and costs for consumers and merchants, and that gives digital assets the place they deserve in today’s modern economy.
A new resource for anyone who runs their own business – or is thinking of doing so – has been launched by one of the UK’s most prolific supporters of micro businesses. The Happipreneur – Why #MicroBizMatters? is 2020’s ultimate guide for enterprising people, dedicated to helping ambitious entrepreneurs with innovative ideas to achieve happiness and success by controlling their own destiny.
Phos, the fintech behind the first-ever software Point of Sale (POS), has today announced the extension of its partnership with Mastercard to introduce their innovative mobile payment solution. 12,000 small businesses across 12 European countries will now be able to accept contactless payments using their Android mobile devices, with this number set to increase over the coming months. This will allow merchants to digitalise their payment processes and offer more payment options to their customers, with the potential to drive sales and grow their businesses.
A new study, commissioned by business bank, Allica Bank has looked to quantify exactly how much UK small businesses should be re-investing to succeed post-COVID-19. The study analysed data from over 1,000 companies and ranked their success on a scale that evaluated factors including productivity, growth, consistency and outlook.
Santander UK is currently running the Santander Universities Emerging Entrepreneurs programme for 2020, bringing together budding entrepreneurs from across the UK and offering them start-up support as well as a chance of receiving up to £30,000 of funding at a virtual pitching competition final in September.
Local businesses are core to our communities, but the impact of COVID-19 has been tough on business owners and the surrounding community. As part of Google’s commitment to supporting local businesses in the UK, new research conducted by YouGov on behalf of Google has been released today which reveals the positive changes in people’s connections to their local community sparked by lockdown and that up to date online information is key to reigniting consumer confidence.
Five startup businesses have won a year’s access to a new online finance training platform from a Yorkshire-based finance management firm. The wins are part of a competition which launched Mellor Financial Training’s virtual training platform, established to offer an on-demand digital system specifically designed to be consumed online.
Nottingham-based electronics design and software engineering consultancy, Ignys recently celebrated their 3rd anniversary after moving into their new premises on Nottingham Science Park. East Midlands entrepreneur, Richard Fletcher set up Ignys in 2017 to provide the product development industry with an extra resource.
Xero has announced the acquisition of Waddle, a cloud based lending platform that helps small businesses access capital through invoice financing. The acquisition aligns with Xero’s strategy to grow the small business platform and to address critical small business financial needs. Waddle’s cloud lending platform, combined with small businesses’ invoice data, will enable the delivery of tailored invoice financing solutions.
According to the World Allergy Organisation (WAO), 2.5% of the general population is allergic to one of more foods, while up to 10% can manifest adverse drug reactions. This is just one example of why in highly regulated industries, such as food or pharmaceutical manufacturing, it is particularly important to protect consumers by ensuring that items are properly packaged and labelled.









