Fintech is approaching a time of consolidation. During the last decade, growth has been rapid and expansive, spawning new technologies and seemingly endless startups. But while both markets have always been characterised by volatility, various socioeconomic factors have led to an industry slowdown.
The sharp rise in UK consumer-price inflation to 3.5% in April has re-energised cost pressures that never fully dissipated after the pandemic and subsequent global trade shocks. Higher energy contracts, steeper materials costs, and renewed wage demands are converging to erode already-thin operating margins, forcing the country’s 5.5 million small and medium-sized enterprises to revisit their financing playbooks.
In the realm of artificial intelligence, the adage of “garbage in, garbage out” holds more weight than ever before.
AI-powered content creation is changing the world. Companies benefit from rapid development of content based on AI so much that the industry is expected to reach $3.53 billion this year.
Reflex Drive, a deeptech startup from India, has selected power devices from Infineon Technologies for its next-generation motor control solutions for unmanned aerial vehicles (UAVs).
COMPUTEX is one of the leading tech shows across the world, and this year saw the 10th anniversary of its startup section, InnoVEX. According to the event, InnoVEX saw its scale grow 12.5% over last year, with 450 startups from 24 countries exhibiting at this year’s event.
NEXUS the UK based global business concierge hub and the Grand Café NEXT a dynamic meeting place on the water in Amsterdam-Noord, are proud to announce their collaboration which aims to provide a place and community full of inspiration for digital nomads and the creative, digital and tech communities.
Finnish medtech startup AIATELLA has secured €2 million in funding to accelerate the development and scaling of its AI-powered cardiovascular imaging technology.
The UK investment industry stands at the dawn of an AI-driven revolution. Just as the Internet once totally reshaped business, artificial intelligence now promises to become the greatest enabler of our era.
New research commissioned by pan-European real estate investment manager Tristan Capital Partners has revealed that restaurants and cafes are the new workspace for London’s startups and entrepreneurs, with a significant proportion choosing to work and conduct their business in eateries rather than office space.
Growing data usage on mobile networks has led to a growing number of RF frequency bands, in turn creating more components and greater in size. In summary, the more frequency bands there are, the more fixed frequency filters that are required in mobile radio front ends.
As economic pressures and AI innovations motivate countries around the world to invest in skills development, the UK has ranked 22nd globally out of 109 countries in skills proficiency. This ranking places the UK ahead of the US (27th) and China (39th), and sees it climb from 45th position last year.
Robotics startup BOW’s name may seem quite evocative – ‘Bettering Our World’ – but it speaks to a broader mission of recognising existing issues within the robotics industry and seeking to address these issues through its robotic-agnostic software development kit (SDK).
British modelling and simulation software company Skyral has announced that it has raised $20 million in a Series A funding round led by European venture capital firm NOIA Capital.
e.l.f. Beauty signed a definitive agreement to acquire rhode, the lifestyle beauty brand founded by Hailey Bieber, in a deal valued at $1 billion.
Less than two-thirds (57%) of employers are ‘very confident’ that their pension scheme is compliant with automatic enrolment regulations, according to new research by Towergate Employee Benefits. This is leaving businesses open to the possibility of non-compliance notices and fines.
Financial services provider Mollie has announced its financial results for 2024. In a year when the European fintech sector faced growing pressure on margins and growth, Mollie delivered strong financial performance. Gross profit rose by 30% to €115 million. Revenue also saw a significant increase of 28%, reaching a total of €214 million.
Two founders on a joint endeavour, sharing one vision; Apheros is a product of the innovative and entrepreneurial minds of Gaëlle Andreatta, and Julia Carpenter, Co-Founders and CEOs, who, alongside their team, are dead set on becoming the catalyst behind the transition to a sustainable future through materials innovation.
Artificial intelligence (AI) usage is on the rise, but with many using it for basic admin tasks and every day queries – a shocking half of Brits would use it for their legal decision-making.
All the way back in our 2023 May/June issue, we had the pleasure to speak with CEO & Founder Nickolai Vysokov about his company, BrainPatch, who is pioneering an e-meditation device which delivers meditative, quickly calming, and stress-relieving sensations via small, non-invasive electrical currents to the brain.
