OpenRent, the UK online letting agent, picks up \u00a34.4M from Rocket Internet’s GFC
OpenRent, one of a number of online letting agents (or realtor, as it might be described in the U.S.), has picked up £4.4 million in backing from Rocket Internet’s venture arm Global Founders Capital. The London-based company’s last funding round was a “multi-million pound” ‘equity for media’ ..
UK\u2019s long-delayed digital strategy looks to AI but is locked to Brexit
The UK government is due to publish its long awaited Digital Strategy later today, about a year later than originally slated. Existing delays having been compounded by the shock of Brexit. Drafts of the strategy framework seen by TechCrunch suggest its scope and ambition vis-a-vis digital technologies ..
UK faces triple whammy from skills shortfall, visa restrictions and Brexit uncertainty
Britain’s tech sector faces a “triple whammy” hit to its workforce without government action, according to new reports. Firstly, from a critical fall-off in STEM skills in its own population due to lack of funding; secondly, from visa restrictions on the availability of high-skilled specialists ..
Confirmed: UK challenger bank Monzo raises \u00a319.5M with another \u00a32.5M in crowdfunding planned
Monzo, one of a number of so-called “challenger” banks in the U.K. aiming to re-invent the current account, has disclosed a new funding round. Confirming most of the details from our report earlier this week, the startup has raised £19.5 million from U.S.-based Thrive Capital, London’s Passion ..
Monzo, a UK digital-only bank, is closing in on new funding led by US-based Thrive Capital
Updated article to clarify the pending round is a Series C Updated again with info that British pop star Tom Odell may also be investing Monzo, one of a number of new digital-only, or so-called “challenger,” banks in the U.K. aiming to re-invent the current account, is closing in on new Series C funding, ..
Ideal Flatmate wants to be a matchmaking platform for UK flatshares
Londoners in the unfun position of needing to find a new flatmate — and lacking the easy options of friends or family to move in with — can get a little algorithmic help from a UK startup with the no-frills name of Ideal Flatmate. The startup is applying dating-style personality matchmaking to try to make it ..
Nextdoor to acquire \”assets\” of UK local social network Streetlife
In what is being billed as a “multi-million pound” acquisition, San Francisco-headquartered Nextdoor is purchasing the “assets” of U.K. local social network Streetlife. The deal, of which further details are scarce, will see Streetlife’s 1.5 million registered users invited to sign up to Nextdoor’s ..
Deliveroo begins UK trial of subscription service for restaurant food delivery
Restaurant food delivery company Deliveroo has begun trialing a subscription service in the U.K. — presumably targeted at its most frequent and loyal customers. Dubbed ‘Deliveroo Plus’ and only available to existing customers, the new option sees Deliveroo waive its £2.50 per delivery fee in favour ..
Trouva brings UK boutiques online
How do local boutiques compete with the Amazons of the world? The easy answer is they don’t. When you shop for quality and design over cheap and easy, it’s a different market entirely. But the popularity of online retail has created a need for boutiques to have a presence online. London startup Trouva is ..
Three UK suffers major data breach via compromised employee login
Update: Three has now said it believes information was obtained from a total of 133,827 customer accounts — and has confirmed that “no bank details, passwords, pin numbers, payment information or credit/debit card information was stored on the upgrade system in question”. “We believe the primary ..