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Fintech startup EduFi secures $6.1M

Education plays a crucial role in the economic growth and social development of any country. However, challenges in state school provision often lead families to opt for fee-paying schools. Addressing the financial strain this causes, EduFi has announced a $6.1M funding round for its 'Study Now, Pay Later' lending platform, launching in Pakistan where 40% of students attend fee-paying schools, contributing to an annual education expenditure of over $14 billion.

Startups 1 year ago
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Abu Dhabi Early Childhood Authority launches cohort 04

Abu Dhabi Early Childhood Authority launches cohort 04 of the Anjal Z Techstars Founder Catalyst Programme.

News 1 year ago
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Funding for European startups plummets

The year 2023 marked a challenging yet resilient phase for the European tech ecosystem. Facing tough macroeconomic conditions, Europe saw a significant reduction in funding levels, reaching just over half of 2022's levels at $45 billion. Large funding rounds and the creation of new billion-dollar companies slowed down, testing the venture asset class's strength and resilience​​. Startups Magazine looks at the Atomico State of European Tech Report 2023.

Funding 1 year ago
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Bigcrafters choose Mangopay as its payment partner

Bigcrafters, the new digital delivery platform for artisan products backed by Estrella Galicia, has chosen Mangopay, a provider of modular and flexible payment infrastructure for marketplaces and platforms, as its latest payment partner.

News 1 year ago
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AI Innovation Centre launched in London

Genpact has announced the launch of its Genpact Artificial Intelligence (AI) Innovation Centre in London, marking a significant step in the company's commitment to transforming businesses through AI-driven outcomes.

News 1 year ago
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AI innovation in the UK triples post-ChatGPT

According to a recent Hard Numbers report, the advent of ChatGPT has led to a significant surge in AI innovation in the UK, with the number of new companies incorporating 'AI' in their names increasing threefold since its launch.

News 1 year ago
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Fuelling growth for AWS startups

VeUP, a global technology consultancy, has launched a new Advisor service range dedicated to Technology, Alliance and Marketing programmes that fuel rapid growth for Amazon Web Services (AWS) focused startups.  

News 1 year ago
Almost half of employees whose workplace allocates funds for Christmas activities prepared to swap employer Christmas gifts for charitable donation
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Almost half of employees whose workplace allocates funds for Christmas activities prepared to swap employer Christmas gifts for charitable donation

Over two-thirds (69%) of UK employees say their workplace allocates funds for Christmas activities such as parties, decorations and employee gifts. Among those employees, almost half (49%) are in favour of some of these funds going towards charities of their choice according to an Ipsos poll commissioned by GlobalGiving UK1.

News 1 year ago
Cause UK Awarded B Corp Certification
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Cause UK Awarded B Corp Certification

A leading PR agency based in Harrogate, Cause UK, has achieved B Corps certification.

News 1 year ago
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Belfast software firm announces $11 million funding round

The slowdown in venture capital-led tech sector investment hasn’t proven to be a setback for Cloudsmith, a Belfast-headquartered software supply chain management firm, which has announced $11 million (£8.8 million) in Series A2 financing.

Funding 1 year ago
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Anglia Live expands into Europe

Anglia Components has unveiled plans to expand its Anglia Live eCommerce platform across Europe, driven by substantial investments in its logistics and website development.

News 1 year ago
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Collctiv and Ryft form strategic partnership to transform group payments

Collctiv and Ryft, two Manchester-based fintech companies, have announced a strategic partnership with the aim of transforming the group payment sector and offering a more customisable checkout experience.

News 1 year ago
Elite Business 100 Top SME Business Awards 2024 Now Open for Nominations
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Elite Business 100 Top SME Business Awards 2024 Now Open for Nominations

Elite Business Magazine announces the opening of nominations for its prestigious "Elite Business 100 Top SME Business Awards 2024." The impressive listing celebrates excellence within the SME community and recognises their outstanding achievements.

News 1 year ago
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Quantum sensing startup QuantumDiamonds Secures €7M in Seed Funding

QuantumDiamonds, the quantum sensing company, announces the raise of €7 million in seed funding led by IQ Capital and Earlybird.

News 1 year ago
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6 Big developments in Scottish business and investment

Scottish innovation is alive and well, with a new generation of entrepreneurs creating products with the potential to meet some of the world’s most pressing challenges.

Features 1 year ago
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FinCrime Dynamics bolsters board with the appointment of Joanne Dewar

FinCrime Dynamics, the financial crime prevention AI company, is pleased to appoint Joanne Dewar, the recognised Fintech leader to join the board.

News 1 year ago
South Summit Industry & Energy Bilbao highlights the opportunities of new energy, mobility and industry models
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South Summit Industry & Energy Bilbao highlights the opportunities of new energy, mobility and industry models

South Summit Industry & Energy  Bilbao, the meeting for the entrepreneurial ecosystem of these sectors organized by South Summit and  Biscay Startup Bay, held its second day today at the  B Accelerator Tower (BAT)  international entrepreneurship center in Bilbao,  where it brought together the main leaders, representatives of companies and startups and experts in the Industry 4.0 sectors.  Energy Transition and Mobility.

News 1 year ago
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Europe’s first proptech VC Pi Labs expands into Asia

Europe’s first and most active proptech-focused venture capital (VC) firm Pi Labs has expanded internationally through the creation of a new Hong Kong outpost.

News 1 year ago
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Small Business Saturday set to boost firms in peak season

The Small Business Saturday campaign is set to return on the 2nd December with the aim of helping small firms maximise the peak season. Research indicates that Christmas is crucial for the success of four-fifths (86%) of small businesses.

News 1 year ago
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Skyrora and Spirit enhance UK launch capability

At the UK Space Conference in Belfast, Northern Ireland, on 21st November 2023, Skyrora and Spirit AeroSystems announced their collaboration on orbital launch capability. This partnership was unveiled in Belfast, the location of Spirit's largest UK manufacturing facility.

News 1 year ago

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