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.
It’s no secret that the fintech sector is booming. Here, Startups Magazine speaks to David Nicol, CEO and Co-founder of fintech startup, LedgerEdge, which is providing a new ecosystem for the exchange of data and assets in the corporate bond market, on the challenges of launching a new firm in this sector.
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.
Bagboard, the creation of former credit trader Ben Ayres, advertising executive Ashleigh Bishop, and startup specialist Charlie Ayres, has hit over 100% funded with 13 days remaining. Bagboard marries major brand advertising campaigns and environmental impact, with a mission to empower consumers to use their collective spending power as a force for good.
COVID-19 has drastically changed the landscape for businesses across all industries, forcing immediate changes – but ones that will have long term consequences. In the newest report by Lux Research, ‘The Impact of COVID-19 on Tech Innovation’, Lux outlines five key trends that will define how the world beyond the pandemic will be different.
Online investment platform, Seedrs has announced record-breaking activity levels on its Secondary Market, following the introduction of variable pricing in the August trading window. The introduction of variable pricing offered sellers the opportunity to list their shares at either a premium or a discount of 10%, 20% or 30%, relative to the mark-to-market share price and was developed in consultation with Seedrs entrepreneur and investor communities.
Investment syndicate, Equity Gap is celebrating 10 years as one of Scotland’s most successful angel investment groups with record investment figures and a healthy pipeline of new deals. Meeting the challenge of COVID-19 head on, the syndicate completed 22 investments in the first half of 2020, with total member funds invested since inception topping £20m.
Launched in late 2018, Nu Quantum recently became an Associate Member of the EU-funded Graphene Flagship project. The startup, a spin off from the Cavendish Laboratory at Graphene Flagship partner the University of Cambridge, UK, specialises in single-photon quantum technology that is set to create unbreakable encryption keys.










