uk

VC Firm Presto Ventures Raises $36M for B2B Startups
VC Firm Presto Ventures Raises $36M for B2B Startups
June 24, 2022  |  B2B Payments

Czech venture capital (VC) fund Presto Ventures has wrapped a €30 million ($36.8 million) funding round to help early-stage B2B startups in Central and Eastern...

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Muse Launches Supply/Invoice Financing Product
Muse Launches Supply/Invoice Financing Product
June 24, 2022  |  B2B Payments

Business finance startup Muse Finance has launched a solution that combines supply finance and invoice finance, the British company announced Thursday (June 23). Get the...

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Weekly TechReg EMEA: Google, TikTok Move to Appease Regulators
Weekly TechReg EMEA: Google, TikTok Move to Appease Regulators
June 24, 2022  |  emea

This week, the U.K. government and some regulatory agencies in the country announced changes to regulate the buy now, pay later (BNPL) sector and to...

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Biometric Checkout on the Horizon for UK Shoppers
Biometric Checkout on the Horizon for UK Shoppers
June 23, 2022  |  Biometrics

In a report last month, the Manchester Evening News ran a rather sensational headline: “Aldi, ASDA, Tesco, Lidl, Morrisons and Sainsbury’s could soon urge you...

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Warehouse Robotics Firm BotsAndUs Lands $13M Seed Round
Warehouse Robotics Firm BotsAndUs Lands $13M Seed Round
June 23, 2022  |  Investments

Intelligence and robotics company BotsAndUs has landed $13 million in seed funding to expand the growth and use of its logistics solution around the world,...

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Retail Recession Woes Spread as UK Business Organization Reports Ongoing Downward Trend
Retail Recession Woes Spread as UK Business Organization Reports Ongoing Downward Trend
June 23, 2022  |  Retail

Retail sales volumes are down about 5% for the year through June, according to survey data from the latest Confederation of British Industry (CBI) Distributive...

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BOE Official: Crypto Firms May Rival Amazon, eBay
BOE Official: Crypto Firms May Rival Amazon, eBay
June 22, 2022  |  Cryptocurrency

Bank of England Deputy Governor Jon Cunliffe has said the survivors of this rout in crypto could be leaders of the future — possibly rivaling...

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UK Open Banking Users Top 6 Million
UK Open Banking Users Top 6 Million
June 22, 2022  |  Banking

More than 6 million individuals and businesses in the United Kingdom regularly use open banking services, the U.K.’s Open Banking Implementation Entity (OBIE) announced in...

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Tether’s GBPT Sets Stage for Stable Crypto-Cable
Tether’s GBPT Sets Stage for Stable Crypto-Cable
June 22, 2022  |  Cryptocurrency

Following Wednesday’s (June 22) news that Tether, the world’s largest stablecoin issuer, is set to launch a new cryptocurrency pegged to the pound, businesses and...

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