In Quarter 4 (Oct to Dec) 2019, cross-border mergers and acquisitions (M&A) involving a change in majority share ownership saw notable decreases in both value and number, while domestic M&A recorded an increase in the value but a fall in the number of deals. During January to December 2019, the estimates for the values of […]
A gaming start-up has raised £500,000, led by RLC Ventures, to turn their popular portfolio of Amazon Alexa and Google Assistant games into an industry-first voice game subscription service. labworks, which was founded in 2016 and is based in London, has quickly become the leading creator of viral voice-activated games for Amazon and Google devices. […]
Nationwide insolvency practitioner SFP has successfully completed the sale of Durham-based data network and security installers, Paramount Power and Data Limited, after the company was placed into administration. All seven employees’ positions will be safeguarded as a result of the sale. Established in 2011, Paramount Power and Data Limited, designed and installed intelligent data networks […]
Leumi UK, the London-based subsidiary of Israel’s leading international bank, has closed a deal with hotel group Shiva Hotels to finance its latest high-end development, Middle Eight. Situated on Great Queen Street, between Holborn and Covent Garden, the hotel has been branded a “sustainable luxury lifestyle hotel” – featuring 180 bedrooms, 12 suites and multiple […]
Aventus, the London-based B2B insurtech business and insurance operating system originally created for the MGA Homelyfe, has closed a £2.6m investment led by Outward VC and Notion Capital with participation from TriplePoint and Downing Ventures. The £2.6m investment will be used to scale up the business. Aventus’s modular Insurance Operating System, allows insurers to create […]
Fintech small business lender iwoca will receive € 100m to finance new loans for several thousand small businesses across Germany. The debt capital is provided by Insight Investment, one of the largest global asset managers in the world. iwoca, which was set up by a German-British duo of co-founders, has already issued over € 1bn […]
Shawbrook Bank has provided PPS a £5.5m bespoke funding package to facilitate the business expansion to meet market demand across a number of sectors which it serves. Established in 2002, PPS has delivered continued growth in their 15-year history both organically and through acquisition. The Group employs more than 150 people across 3 strategically located […]
LED Creative, the specialist provider of LED lighting systems to the entertainment and media production industry, has secured funding from ThinCats, the leading alternative finance lender to medium-sized businesses. Based in St Albans, LED Creative is run jointly by directors Gerald and Sally Smith. The company currently works mostly on TV productions, including shows such […]
Two months ago, investors of the P2P platform Robo.cash got an opportunity to invest in the offer of a Singaporean company of Robocash Group. During this time, they have funded 2.1m EUR of its loans, which is just over a fifth of the total investment volume on Robo.cash. Just like the P2P platform, the Singaporean […]
Kuflink’s peer-to-peer platform is celebrating, having reached an impressive investment milestone of £75m since launching four years ago and without a single investor losing a penny. This milestone comes eight months after Kuflink reached the £50m mark back in June of 2019, with the company going from strength to strength. Kuflink has already had a […]
