Tagged: startups

January 20, 2025 @ 8:02 am By Omar Faridi  |  

A report by the UK Startup Awards, supported by Starling Bank, has fired the starting pistol for those looking to launch or join a startup business in the new year. The ‘UK Startup Report 2024’ is based on a survey of “over 1,176 businesses under… Read More

January 16, 2025 @ 1:43 pm By Omar Faridi  |  

From a 7-year low in dealmaking to M&A gaining steam, industry researchers break down key changes in the fintech landscape using CBInsights data. Fintech funding and dealmaking declined again year-over-year (YoY) in 2024, hitting their “lowest levels in 7 years,” the report from CBInsights revealed…. Read More

January 6, 2025 @ 8:50 pm By Omar Faridi  |  

Sixteen years ago, Accel embarked on a journey to partner with founders across India—continuing the firm’s history of partnering with founders on a global scale. Accel is now announcing their eighth early-stage fund, a $650 million commitment to empower category-defining startups; companies that will “set… Read More

December 29, 2024 @ 6:14 pm By Omar Faridi  |  

The US-based startup ecosystem witnessed announcements of a total of 4,463 venture capital (VC) deals during the period from Jan to Nov 2024 with a disclosed funding value of $125 billion, marking a considerable YoY improvement in total funding value despite a “decline in the… Read More

December 29, 2024 @ 5:06 pm By Omar Faridi  |  

Southeast Asia faced a challenging year in 2024, marked by a “significant contraction” in funding, amid a weak global economy, a new report revealed. According to Tracxn‘s report, prepared by industry analysts, the region’s tech ecosystem experienced a sharp decline in financial inflows and major… Read More

December 15, 2024 @ 9:25 am By Omar Faridi  |  

Goose Valley Ventures (GVV), a FinTech-focused VC firm supporting  startups in the Nordic and Baltic regions, is pleased to announce its investment in Lithuanian FinTech Torus, an SaaS intelligence platform for banks and paytechs. With this investment, GVV underscores its commitment to backing startups that… Read More

December 5, 2024 @ 8:34 am By Omar Faridi  |  

NatWest Group is reportedly set to launch its Fintech Growth Program, an opportunity for fintech startups to use the resources, expertise and networks of a high-street bank to help them scale-up in a sustainable manner. The program reportedly supports NatWest’s goal of leading the future… Read More

November 16, 2024 @ 4:13 pm By Michael Wong  |  

Global card payment processor Visa (NYSE:V)has made strategic investments in four African startups—Ghana’s Oze, Nigeria’s Orda, and Kenya’s WorkPay and OkHi—following their participation in the company’s Africa Fintech Accelerator program. The initiative, launched in 2023, is part of Visa’s broader commitment to invest $1 billion… Read More

November 12, 2024 @ 10:33 pm By Omar Faridi  |  

Airwallex joins the Pledge 1% movement to commit company equity and more toward corporate philanthropy through a sustained ongoing model. “Airwallex Impact” will include expansion of company volunteerism, Airwallex for Startups programs and “discounted” product for select nonprofit organizations. Furthering its commitment to innovation, Airwallex… Read More

October 28, 2024 @ 6:33 am By Omar Faridi  |  

UK based startups are managing to stay ahead of Germany and China in terms of total funding raised during Q3 2024. This, despite an overall decline, according to Tracxn Research. Tracxn’s latest analysis of the UK tech funding landscape reveals a number of  key /… Read More

October 6, 2024 @ 6:29 pm By Omar Faridi  |  

PitchBook has shared an extensive update that takes a closer look at European Unicorns (firms / startups valued at $1 billion or more). PitchBook recently shared the following key insights and takeaways from their comprehensive research report: Critical / important questions emerge, as 54% of… Read More

October 4, 2024 @ 8:40 pm By Omar Faridi  |  

The team at CBInsights has released their latest State of Venture Q3’24 report. As noted in the research report from CBInsights, AI startups have managed to acquire 1 in 3 VC dollars. The research study released by CBInsights pointed out that Silicon Valley is becoming… Read More

October 3, 2024 @ 12:45 pm By JD Alois  |  

The European Union has a series of “Commissioners” who are responsible for crafting proposals for EU legislation while implementing the policies of the European Parliament and the EU Council. Each Commissioner is designated a portfolio of responsibilities. Last month, for the first time, the EU… Read More

September 28, 2024 @ 10:32 am By Omar Faridi  |  

Santander (NYSE: SAN) has added new benefits for the entrepreneurs, startups, scaleups and SMEs that form part of its Santander X global platform that helps companies in 11 countries grow through the stages of their life cycle — “from launching a project to scaling a… Read More

September 1, 2024 @ 2:57 pm By Omar Faridi  |  

UK-based startups raised $9 billion funding through 704 venture capital (VC) deals announced during January-July 2024, which is a 7.9% year-on-year (YoY) increase in funding value despite a 14.3% decline in deal volume. This reflects an improving appetite for big-ticket investments in promising startups, positioning… Read More

August 24, 2024 @ 9:49 am By Omar Faridi  |  

NatWest and Beauhurst’s New Startup Index reports 468,000 new companies started up in the first half of 2024 – a 6% increase compared to the same period last year. In a sign of the strong potential of the UK economy, 468,000 new firms “have started… Read More

July 26, 2024 @ 9:23 am By Omar Faridi  |  

Carta has released the State of startup compensation, H1 2024 update. Carta data shows that companies have “become leaner and salary benchmarks have remained flat across much of the ecosystem.” Companies on Carta made “more than 60,000 new hires during the first four months of… Read More

July 4, 2024 @ 4:28 pm By Omar Faridi  |  

CBInsights has released the State of Venture Q2’24 Report CB Insights notes that you may review the latest investment data to make more well-informed decisions. According to the update from CBInsights, AI startups steal the show, “grabbing nearly a third of all funding, while the… Read More

July 2, 2024 @ 8:45 pm By Omar Faridi  |  

The Saudi Central Bank (SAMA) has reportedly permitted two new Fintech startups to test their innovative solutions in SAMA’s regulatory sandbox. As noted in the update from SAMA, “Sulfah for Finance” is authorized to launch a peer-to-peer (P2P) lending platform and “Wadaie for FinTech” to… Read More

June 23, 2024 @ 11:48 am By Omar Faridi  |  

Amid increasing positive sentiment about the business climate1, Airwallex has launched its ‘Airwallex for Startups’ program in Singapore to further empower the city-state’s community of over 55,000 startups. The program aims to empower startups “to grow and scale their businesses, offering them tips and tools… Read More