uk

UK Grocery Inflation Hits 17.1% and Supermarkets Make Loyalty Push 
UK Grocery Inflation Hits 17.1% and Supermarkets Make Loyalty Push 
February 28, 2023  |  Retail

As United Kingdom food prices skyrocket, grocers are doing everything they can to retain customers. The country’s grocer inflation rate rose to 17.1% year over...

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Monzo Founder Joins $10.5M Fundraise for UK’s Robin AI’s Legal Tech
Monzo Founder Joins $10.5M Fundraise for UK’s Robin AI’s Legal Tech
February 27, 2023  |  artificial intelligence

Robin AI has raised $10.5 million for its legal industry-focused artificial intelligence (AI) tool. The U.K. company announced the Series A funding Monday (Feb. 27),...

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Spex Capital Launches $120M HealthTech Fund
Spex Capital Launches $120M HealthTech Fund
February 27, 2023  |  Investments

The U.K.’s Spex Capital has debuted a $120 million fund to support digital healthcare and MedTech startups. The Spex Venture Health-Tech Fund, announced in a...

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NatWest Rooster Money CEO on Making Money ‘Tangible’ for Cash-Free Kids
NatWest Rooster Money CEO on Making Money ‘Tangible’ for Cash-Free Kids
February 27, 2023  |  Consumer Finance

Making financial decisions is part of everyday life, and that means being financially literate is not just a nice to have, but a core life...

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UK Rapid Grocery Market Booms as Brits Lean Toward At-Home Delivery
UK Rapid Grocery Market Booms as Brits Lean Toward At-Home Delivery
February 26, 2023  |  Delivery

Following deals with Just Eat, Co-op and Sainsbury’s have become the latest U.K. supermarket brands to partner with an aggregator to provide rapid delivery service...

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CyberSmart Raises £13M to Expand Cybersecurity Solutions for Small Businesses
CyberSmart Raises £13M to Expand Cybersecurity Solutions for Small Businesses
February 24, 2023  |  Investments

CyberSmart has raised 12.75 million pounds (about $15 million) in a Series B round. The company — which provides cybersecurity solutions for small- to medium-sized...

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The VC Fundraising Sea-Change: Less Formal, More Human
The VC Fundraising Sea-Change: Less Formal, More Human
February 23, 2023  |  Startups

FinTech firms are increasingly focusing on profitability, turning away from the growth-at-all-costs strategy many have long pursued. According to some investors, this strategic pivot from growth...

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Fines, Interest Rate Hike Set 2023 Tone as UK Big Four Cap Year
Fines, Interest Rate Hike Set 2023 Tone as UK Big Four Cap Year
February 22, 2023  |  Banking

In this report, PYMNTS takes a look at the 2022 full-year performance of the U.K.’s “Big Four” banks — Barclays, HSBC, Lloyds and NatWest. Barclays...

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UK’s FCA: eMoney CEOs Must Make Consumer Duty Rules ‘Top Priority’
UK’s FCA: eMoney CEOs Must Make Consumer Duty Rules ‘Top Priority’
February 21, 2023  |  Regulation

A British regulator has told eMoney firms that they need to change some practices. Financial Conduct Authority (FCA) Director of Payment and Digital Assets Matthew...

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