Ukrainian-founded Preply, reached a record-breaking milestone in the company’s funding history today, raising $50m USD in its series C, amassing more than USD $100m in investments since inception.  Despite the war in Ukraine, founders Kirill Bigai, Dmytro Voloshyn and Serge Lukyanov have succeeded in building a truly global business, expanding the team to over 400 employees of 58 different nationalities across 30 countries worldwide. From an education startup, Preply has become a global e-learning powerhouse that connects the world’s largest live language learning community.

In recent times, employee wellbeing has been on the top of the agenda for both employees and employers, and the pandemic has brought it even further into the spotlight. Simon Peters, Managing Director at CallCabinet UK discusses. 

With a rising number of young entrepreneurs, retailer agnostic app Slip suggests how Zillennial founders combine business knowledge with a fresh leadership style to innovate modern work practices.

Tech services businesses can now take action on climate change, thanks to a new initiative built by industry associations techUK, TechNation and BIMA, working with the Good Business Charter and Net Zero Now, the small business climate action platform. The Net Zero Tech Services Initiative makes it easier and more cost-effective for tech services businesses of all sizes to take action on the climate crisis.

Designed to fit seamlessly into the lives of users, Follo discreetly secures their everyday walking journeys, automatically sending SMS alerts to ‘Key Contacts’ if unusual activity is detected on route and they are unable to confirm their safety.

One of a business owner’s main jobs to be done is to find repeatable, reliable and scalable channels to market. If you don’t prove your channel marketing mix quickly enough you’re setting yourself up for failure.  According to the Telegraph, 20% of new ventures fail within their first year, with that stat rising to 60% within the first three years. There are a plethora of reasons for failing, but not being able to reach and sell to your target audience is one of the most common. 

The government-backed initiative LawtechUK, from Tech Nation and the Ministry of Justice, which has supported the growth of over 100 lawtech companies, is accepting lawtech entrepreneurs onto their two new programmes aimed at accelerating their development and maximising their impact.

Working at home can be pretty fantastic. Increased flexibility, a quiet environment and no more commuting in peak travel hours are just a few reasons why working remotely can lead to a rewarding work life.

The cost of living crisis is fuelling a surge in cyber attacks on UK businesses, a fraud expert has warned.

Empowered by the evolution in open banking and embedded finance, Minna’s subscription management tool gives Fintech users more than just spending insights.

Health and wellbeing support is a major factor in the recruitment and retention of talent. In a significant survey of 500 HR decision makers in the UK, undertaken for Towergate Health & Protection, 42% stated their support for the health and wellbeing of staff is a key reason people stay with the company. In addition, 31% said health and wellbeing support is a key reason people choose to work for them.

 

Rural based business communities risk being “left behind” and “isolated” because they have to put up with third-rate connectivity services, an expert has warned.

Fintech companies have huge implications in the world on the global economy, and on global warming. Currently, the world is facing one of its greatest challenges yet, to prevent rising global temperatures, by reducing greenhouse gas (GHG) emissions.

 Monneo, the complete end to end payment ecosystem provider launches an application programming interface (API).

Banco Santander is launching a global challenge for startups and scale-ups from 11 countries in order to find innovative and sustainable solutions for the automotive industry in different areas: mobility, logistics and transport, and carbon offset alternatives, supported by Formula 1. 

CharlieHR makes its nine-day fortnight a permanent policy for its team following a successful nine-month trial saw both wellbeing and productivity improve.

Choosing a suitable name for your business can be difficult, but an expert from Bacon Marketing has revealed the 10 steps you should take to make finding that perfect name easier.

Inbound and outbound logistics, often used interchangeably, are very different processes that serve other purposes in the supply chain. Understanding the differences between inbound and outbound logistics can help you streamline your supply chain, reduce costs and improve customer satisfaction.

Amid a reported downturn in the fintech sector, Plug-and-Play Finance provider, Weavr, is finding no drop in demand for its solutions and is continuing to forecast rapid growth.

Fintech Week London (FTWL), a community that highlights and celebrates London's innovative fintech scene, has launched an investigation into fintech valuations and funding.