Category: Uncategorized

The Cities Attracting 70% of all European FinTech Startup Investments

According to PRWeb: Seventy per cent of the total capital raised by all private European FinTech companies in the first quarter of 2017 went to companies based in London, Berlin, Stockholm, Paris, Barcelona and Amsterdam. More than a third of the aggregate of $1,164m in FinTech investments was claimed by London-based FinTech companies (36% of […]

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UK Amps Up Efforts to Attract Foreign Investors Post Brexit

The government is ramping up its efforts to woo foreign tech investors and give the UK digital economy a fresh boost after Brexit. The culture secretary Karen Bradley will this week visit Scandanavian tech hubs to meet with investors and companies, including Ericsson, which is working with UK researchers on tests of 5G technology. “I’ll […]

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Bitcoin Price Tumble as China is Rumored to Stop Trading Soon

3 Bitcoin suffered a blow last week as the cryptocurrency plunged by more than 7 per cent on Friday amid rumours that Chinese government was planning to shut down local cryptocurrency exchanges, a week after it banned initial coin offerings, which allow companies to issue digital tokens in return for equity. After breaking through the […]

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Swiss Fintech Expands Growth in Asia

Lykke, a Swiss Fintech company building a global blockchain-powered marketplace, is accelerating its growth with the announcement of a new director to its Singapore office. Zug based fintech firm Lykke is building a global marketplace for the free exchange of financial assets, using blockchain technology pioneered by Bitcoin. With the addition of a Singapore office […]

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Less than 1 in 10 UK SME Bosses Understand GDPR Rules

According to the latest Aldermore small and medium sized business owners (SMEs) Future Attitudes study, less than one in ten (nine per cent) SME owners in the UK fully understands what the forthcoming EU General Data Protection Regulation (GDPR) actually means for their business or have taken the appropriate steps to prepare themselves for it. “Once enforcement […]

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