Elliott pumps another £20m into British start-up bank Chetwood

Activist investor Elliott pumps another £20m into British start-up bank Chetwood By Emma Dunkley, Financial Mail On Sunday Published: 16:50 EDT, 24 July 2021 | Updated: 17:23 EDT, 24 July 2021 Activist investor Elliott has pumped another £20million into British start-up bank Chetwood.  The latest investment from the New York-based hedge fund takes its stake … Read more

Visa to buy Swedish fintech start-up Tink for nearly £2bn

Visa to buy Swedish fintech start-up Tink for nearly £2bn: Payments giant snaps up open banking platform after being forced to abandon similar deal Visa is buying Swedish fin-tech Tink for $2.2bn Tink develops technology to allow fintechs to connect to customers from different financial institutions  It comes after Visa was forced to abandon its … Read more

Technology start-up backed by fashion mogul Tom Singh to raise £10m

Technology start-up backed by fashion mogul Tom Singh to raise £10m for expansion after securing major clients By Neil Craven, Financial Mail on Sunday Published: 21:50 BST, 12 June 2021 | Updated: 21:50 BST, 12 June 2021 A London technology start-up backed by fashion mogul and New Look founder Tom Singh plans to raise around … Read more

Ocado to invest £10m in driverless vehicle start-up Oxbotica

Are you ready for driverless deliveries and ‘kerb-to-kitchen’ robots? Ocado to invest £10m in AI start-up Oxbotica Ocado will pump £10m into driverless vehicle software company Oxbotica  The first prototypes for driverless vehicles are expected to be ready in two years But they will be used in its warehouses first rather than to make home … Read more

How the banks are betraying start-up firms just when we need them most

Britain’s banks have been accused of ‘sending a terrible message’ to entrepreneurs by leaving new business account customers out in the cold. Many High Street giants stopped offering business accounts at the start of the pandemic, claiming they wanted to focus on existing customers.  But while some have finally started accepting applications again, wildly divergent … Read more

Tony Blair’s son Euan worth almost £73million after start-up Multiverse valued at £147million

Tony Blair’s son Euan could now be worth almost £73million after the education technology start-up he founded was valued at £147million. The London-based firm, named Multiverse, which focuses on apprenticeship-based education, has announced plans for a global expansion after recently securing new investment. The investment, believed to be in the region of £32million, values the … Read more

Made In Chelsea star raises £7m for low-alcohol drinks start-up 

Made In Chelsea star Spencer Matthews raises £7m for low-alcohol drinks start-up CleanCo By Daily Mail City & Finance Reporter Published: 21:51 GMT, 18 January 2021 | Updated: 21:51 GMT, 18 January 2021 Reality TV star Spencer Matthews has bagged £7million of investment for his low-alcohol spirits business CleanCo. Matthews, who appeared in Made In … Read more

Find a business partner: Object Astra matches startup founders with expert advisers

A new platform connecting startups with potential business partners has launched, spurred on by an increase in people taking the plunge to become entrepreneurs during the pandemic.  Object Astra is a platform designed to help people with a business idea find professionals with the skills and know-how they need to give them ‘sweat equity’. In … Read more

Fintech start-up Lanistar drops celebrity backer claims as Instagram influencers promote debit card

Fintech start-up Lanistar drops celebrity backer claims after 3,000 Instagram influencers were paid to promote its debit card Lanistar signed up footballer Kevin de Bruyne and Love Island’s Amber Gill It claimed to be ‘part-owned’ by ‘influential people’ in its launch campaign  But the company has since dropped those claims  Lanistar could not say how … Read more

NASA is paying a Colorado startup just $1 to collect moon dust from the lunar surface in 2023

Space exploration is expensive, and NASA is always looking for ways to economize.  The US space agency will be saving some big bucks by paying a Colorado startup just $1 to collect soil samples from the moon. The company, Lunar Outpost, has agreed to send a rover to the lunar South Pole in 2023 to … Read more