News

Nominations are now open for The Fintech Power 50 2025, the annual guide showcasing the most influential and innovative companies, along with visionary leaders shaping the future of the fintech industry.

A groundbreaking new festival, Niyo Fest, is set to land in Birmingham from October 3-5, bringing together underrepresented communities and leading innovators in culture and technology. Anticipating over 10,000 attendees, the event aims to connect and inspire through a diverse lineup of global speakers, entrepreneurs, and performers.

AI is poised to revolutionise the financial services sector, but many organisations are still lagging behind. Operations leaders are increasingly aware of the limitations posed by inadequate access to essential data and are beginning to recognise the transformative potential of AI.

British sustainable technology scaleup Matter has announced a significant partnership with BSH, one of Europe’s top washing machine manufacturers, under the Bosch and Siemens brands.

reMarkable has introduced the reMarkable Paper Pro, a paper tablet that redefines the digital writing experience. Boasting an 11.8-inch colour display, an adjustable reading light, and an unparalleled paper-like feel, the Paper Pro is designed to support professionals in capturing and refining their ideas in an increasingly distracting world.

Planes, a renowned digital product studio, proudly announced its pivotal role in developing Slice Mobile, the UK’s first eSIM-only mobile network. By crafting the Slice Mobile app, Planes has made eSIM technology more accessible, setting a new benchmark for a streamlined, user-friendly mobile experience.

Pennies, the innovative fintech charity known for enabling micro-donations, marked a significant milestone with its inaugural Micro-Donation Day on Monday, 26th August 2024. The event not only raised awareness of the growing micro-donation movement but also generated an impressive £30,000 for charities such as Cancer Research UK, MND Association, and Great Ormond Street Hospital Charity.

Lineage, a global leader in temperature-controlled warehousing, recently unveiled more information about its Food Chain Innovation Challenge, revealing the judging panels and the grand prize.

Vanta, the leading trust management platform, today announced new product features and key milestones aimed at automating GRC workflows and enhancing visibility across security and compliance programs. With the launch of the new Report Centre, improvements to Vendor Risk Management (VRM), and expanded integration capabilities, Vanta is empowering GRC and security teams to maintain a continuous, proactive approach to governance, risk, and compliance.

The Abu Dhabi Early Childhood Authority (ECA) has announced the 20 startups selected for Cohort 05 of the Anjal Z Techstars Founder Catalyst Program, designed to drive innovation in early childhood development. Partnered with Techstars, the program supports startups focused on children aged 0-8 and their families, with a commitment to enhancing health and nutrition, early care and education, child protection, and family support.

South Summit Korea, co-organised by IE University, the Government of Gyeonggi and GBSA (Gyenggido Business & Science Accelerator), has announced the 30 finalist startups of its Startup Competition. The finalist projects come from 10 different countries and will compete to be crowned the best startup in the fields of Deep Tech and Artificial Intelligence. The first edition of South Summit Korea will be held from September 25 to 27 in the Korean province of Gyeonggi.

Registration is now open for the South Summit Madrid 2025 startup Competition, co-organised by IE University to select the most innovative and disruptive projects in the market. Interested startups can submit their applications before January 31 through the following link:

Digital Catapult has unveiled its first International Supply Chain Accelerator, aimed at revolutionising global supply chains through cutting-edge deeptech solutions. The programme introduces two key initiatives: Seamless Trade Across Borders and Product Carbon Footprint Measurement, both designed to enhance supply chain resilience and promote international industrial sustainability.

Herbert Smith Freehills has teamed up with Carbon13 to support the development of high-impact climatetech startups aimed at reducing global greenhouse gas emissions.

Palm, a fintech startup based in Sweden and the Netherlands, has raised $6.1 million in seed funding to modernise cash management for enterprise treasury teams. The funding round was led by Speedinvest and Target Global, with participation from Upfin, Liquid2, and Greens. The round also included investments from notable angels like Job van der Voort, Founder & CEO of Remote, and Philippe Teixeira da Mota, former partner at Hedosophia.

Malcom Finance, formerly known as 4Trans, has appointed Michal Šmída, the founder of Twisto, as a Non-Executive Director to help shape its strategic direction. Šmída brings a wealth of experience in building and scaling fintech businesses, which will support Malcom Finance’s growth ambitions.

HM Treasury has officially confirmed the extension of the Enterprise Investment Scheme (EIS) sunset clause to 2035, ensuring that EIS relief and Venture Capital Trusts relief will apply to shares issued before 6 April 2035.

Many sale memorandums often miss the mark when it comes to capturing a buyer’s attention, merely compiling data without telling a compelling story. According to Victor Basta, CEO and Founder of DAI Magister, while assembling key information is useful, it is not enough to secure the highest sale price.

Over a six-week period, a panel of more than 170 experts selected 41 international startups to participate in the 11-week Kickstart Innovation programme in Switzerland. These startups now have the chance to connect with key decision-makers, test and scale their business models, and secure significant deals.

Custocy is set to enhance its AI-powered network detection and response (NDR) platform by integrating Enea Qosmos’ deep packet inspection (DPI) and intrusion detection (IDS) software libraries. This collaboration aims to boost the platform’s accuracy, performance, and product differentiation through enhanced traffic visibility and efficient data inspection.