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.
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.
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.
An innovative AI-driven shopping platform founded by a former Dragons’ Den contestant is aiming to raise £2 million through Crowdcube.
Spanish startup Dedge Security has raised a €4 million seed funding round, led by venture firm Tritemius, to strengthen its position as a leading security platform for developers and companies building on Web3.
In an industry that is driven by innovation, resilience, and determination, recognition matters. Recognising your accomplishments is key to maintaining drive, and allows for a moment of reflection for all you have achieved so far.
A growing number of UK small and medium-sized businesses (SMBs) are taking cybersecurity more seriously, with over half increasing their cyber defences in 2024, according to new research from Bionic.
Nearly half of business leaders have seen an increase in employee turnover after delaying pay rises for professionals and white-collar workers, according to new research from global talent solutions business Robert Walters.
deepdots, the end-to-end AI platform for streamlining customer feedback analysis, has raised a €5.5 million seed funding round led by Dawn Capital, one of Europe’s specialist B2B software investor, with participation from Maki.vc and angel investors including Geeta Schmidt (former CEO and Co-Founder of Humio).
CEOs are taking over our social feeds, with one in three (30%) building up such a following that they now see themselves as influencers. That’s according to new research from BT, which finds execs now see their social media presence as critical to their business strategy.
The University of Oxford’s PINCH project joins EIT Health’s Deep Tech Venture Builder programme to transform pain management in young children.
LovOn, a US-based AI-powered bonding platform for couples, raised $850,000 in pre-seed funding to launch the most human-like AI coach designed to help couples navigate their relationship challenges, from intimacy to domestic conflicts.
Startups today face more complexity and competition than ever before. Having a great idea is no longer enough. Success depends on how quickly founders can build the right support around them – whether that’s forging strong connections, accessing funding and mentorship, gaining access to the right talent at the right time, having flexibility, or becoming part of a strong community.
Virgin StartUp, the not-for-profit incubator for UK business founders, has opened applications for its fully-funded business accelerator, Empower 100, which is exclusively aimed at under-represented business owners based in Greater London.
GE Aerospace has completed its transformation from a sprawling conglomerate into a focused aviation company. The ge stock now represents a streamlined business centred exclusively on aircraft engines and propulsion systems.
Women occupy less than two-fifths of executive leadership positions in the UK’s FTSE100 companies, with new data warning it will take 18 years to close the gender gap.
Photonic chip industry accelerator PhotonDelta has announced the winner of its global engineering contest. Perceptra was judged to be the submission with the best new application of photonic chips designed to tackle global challenges.
Inven, a Finnish technology company building an AI-native deal sourcing platform to uncover the full global private market, has announced the closing of a $12.75 million (€11.2 million) series A round.
Bloq.it, the smart locker company providing end-to-end services for out-of-home delivery and e-commerce businesses, has recently closed a €28 million Series B round.
Aberdeen, Coventry, and Liverpool have emerged as the UK’s fastest-growing entrepreneurial hubs outside London, as regional challengers put pressure on the capital’s dominance.
