Starting a fintech company isn't always the most difficult part. You’ve got the idea. Check. You’ve got the funding. Check. Congratulations, now you need to actually run the thing. This is a fiercely competitive industry; not only do you need to outperform your peers, but you also need to do it while staying on the right side of regulation.

Tourism Innovation Summit (TIS) 2024, kicked off its fifth edition in Seville, Spain, on Wednesday. The tourism innovation summit par excellence has opened its doors to more than 7,000 congress attendees who, from October 23 to 25, will be able to learn about the latest innovations and technological solutions defining tourism worldwide. Also, all those trends and strategies will make this industry take a giant step forward in terms of sustainability, accessibility, competitiveness or adaptation to the new and changing demands of travellers looking for an ever-greater personalisation in their tourism experiences.

OpenAI’s former Chief Technology Officer, Mira Murati, is reportedly raising funding from venture capitalists for her new AI startup. The news was originally reported by Reuters, who claimed it came from sources familiar with the matter.

Business leader, tech entrepreneur, and sustainable investor, Jordan Brompton is the Co-Founder and CMO of myenergi – a global leader in eco-smart home energy technology. Alongside forging fundamental business relationships, Jordan is responsible for driving the day-to-day corporate strategy and fuelling long-term international expansion.

Based on research within our partner network, 90% of founders want to make an exit in the five to 10 years from their company creation.

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, has established itself as a leading designer of graphics processing units (GPUs) for the gaming and professional markets. Renowned for its pioneering work in AI and deep learning, NVIDIA has expanded its reach beyond gaming into various sectors, including automotive, data centres, and healthcare. The company’s GPUs are integral to the development of high-performance computing and advanced visualisation technologies, making it a critical player in the evolution of the tech industry.

Decentralised data and processes are commonplace in UK businesses, according to research from AI for analytics platform, Alteryx, leaving organisations unable to unlock their true potential from data.

New PayPal data has revealed the reach and impact of ‘alternative business funding’ amongst British small businesses.

In a bid to enable future success and growth, ten entrepreneurial life science and technology businesses have begun the immersive Discovery Spark programme, with a prize package worth over £50,000 up for grabs.

Workwize, the global IT operating system used to deploy, manage, and retrieve laptops and IT equipment across more than 100 countries, has released its new Automation Suite.

In honour of Breast Cancer Awareness Month this October, FasterCapital announced a new initiative dedicated to supporting healthtech startups that are innovating in the breast cancer space.

The value of bad debt suffered by small businesses has surged by a staggering 127%, according to a report by SME funder, Bibby Financial Services (BFS). 

A survey by AND Digital, featured in its 'Rewards & Resilience' report, revealed that 68% of women believe more can be done to enhance the workplace for women in leadership, particularly through better career pathways and mentorship support.

Amid ongoing global economic uncertainty, the UK and other nations are prioritising efforts to drive growth. Central to these efforts are SMEs, which play a crucial role in driving job creation, fuelling economic development, and serving as the backbone of our community.

Genie AI, an AI legal editor, has raised £13.3 million in Series A funding, led by GV (Google Ventures), and joined by Khosla Ventures (early investors in OpenAI), taking its total raised to over £15 million. Previous to this round, Genie AI received one of the UK Government’s largest grants for a startup, and seed funding led by Connect Ventures.

Opteran, a company focused on natural intelligence, has revealed that Airbus Defence and Space, with support from the European Space Agency (ESA) and the UK Space Agency, will trial its Opteran Mind neuromorphic software in Airbus’ space rovers.

Imagine yourself, a passionate entrepreneur, building your dream company from the ground up. You've poured your heart and soul into it, navigating the treacherous waters of the startup world. After years of relentless effort, you're finally approaching an exciting milestone: the exit.

You might think that being famous is all red carpets, secluded mansions and private jets. Making huge purchases – in cash of course – and living the high life. However, though this is the case for some of the world’s A-listers, plenty of care and attention goes into managing their money, so they stay rich sustainably.

Cristiano Ronaldo, the global football legend, has made a significant investment in Bioniq, a startup known for its personalised nutritional solutions based on blood biomarker data. Founded in 2019, Bioniq has now reached a total valuation of $82 million.

The Spanish entrepreneurial ecosystem has reached maturity and needs to explore new ways to revitalise itself and ensure its business model continues to grow. This the main conclusion of the 2024 Entrepreneurship Map, developed by South Summit in collaboration with IE University, which shows how startups already reach an average age of 3,19 years and follow a constant consolidation and growth compared to the 3,12 years registered in 2023. Additionally, 2 out of 10 startups in Spain are now scaleups, representing 3 percentage points more than the previous year and is also a symptom of this growing maturity.