Payhawk, the platform for payments and expense management, has raised $20m. The Series A round is led by the US-based fund QED Investors, which has a strong track record of investing in 18 fintech unicorns, including Klarna and Nubank. Existing investor Earlybird Digital East, who led the $3.6m seed round in March 2020, is also contributing fresh capital.
Oil major, BP recently announced that 25,000 members of staff must Work From Home (WFH) two days per week post pandemic. As more firms transition to long-term remote working, evaluating and improving home office set ups will be critical to success. Here Kristian Torode, Director and Co-founder of business unified communications provider, Crystaline, looks at what companies should provide for their workers.
Suss Ventures have contributed a six-figure sum alongside a multi-million investment drive. This raise marks a huge success for Suss Ventures who are synonymous with sourcing sustainable businesses for their community of impact-driven investors and corporate partners. The zero-effort payment system eliminates the worry of parking fines and is completely cashless, automated and secure.
Research from Ezra has revealed that a fifth of UK workers feel they get less recognition within their career as a direct result of working remotely. It remains to be seen to what extent we will return to a full working environment, as COVID-19 restrictions see many continue to work from home for part of, if not their whole working week.
Ethos is the home of social discussion. A socially responsible alternative to platforms such as Facebook and Twitter, the channel provides a safe and connected online space that encourages conversations which discuss a variety of social issues. It aims to encourage others to learn from, engage, and interact with unique content that inspires and motivates a new generation. Here, Startups Magazine, speaks to Alejandra de Brunner, Founder and CEO to find out more.
Vistage, business performance and leadership advancement organisation for small and medium-size businesses, has found that over 3 in 4 (74%) of SME leaders expect economic conditions to improve in the next year. The report has also found that a majority (84%) of companies anticipate revenue will continue to improve in the same period of time.
With COVID-19 restrictions constantly changing and evolving worldwide, many employees taking business trips to other countries, or already working abroad, have found that they are suddenly either banned from returning to their home country or not allowed to leave the country they have visited. Employers must ensure they are able to support employees who are stranded away from home.
GENIE, an automated talent agent for the creative industry, has announced the closing of its second funding round, led by female led corporate advisor, Adelpha, taking their total funding to-date to £1.75m. GENIE also announced advertising industry legend, Sir John Hegarty as Chairman, as the team look to disrupt the ways companies hire talent in the post-COVID world.
Over the past year, remote working has proven to be less of a hindrance and more of a benefit to a lot of UK businesses. As a result, business decision makers are more flexible when considering candidates for employment, with new research revealing that nearly three quarters (73%) are open to hiring people from anywhere in the UK, rather than just those local to their business.










