The Financial Conduct Authority (FCA) has raised concerns over AI’s impact on insurance discrimination.AI’s ‘hyper-personalisation’ could lead to many consumers becoming ‘uninsurable.’Nikhil Rathi urges companies to…
Oliver MacPhee has been appointed as the new private client manager at PKF Smith Cooper’s Nottingham branch. This strategic appointment strengthens the firm’s offerings in critical…
A potential significant development is on the horizon for Evelyn Partners as its private equity owner considers selling its accounting arm for £500 million.Once operating under…
Outward VC has successfully launched its second fund, securing £51 million to bolster early-stage fintech startups in the UK.This initiative, backed by prestigious investors, signals a…
MirrorWeb, a digital archiving specialist from Manchester, has secured significant financial backing from US-based Mainsail Partners.The $63 million investment will be utilised to foster the company’s…
Market makers are crucial to the stability and efficiency of financial markets, providing essential liquidity by always being ready to buy and sell securities. Their operations…
In an unprecedented move, Lloyds Banking Group and Nationwide have invested in Aveni’s Series A funding round. The Edinburgh-based AI fintech company secured £11 million, marking…
Sidekick, a pioneering wealth management platform based in London, recently secured £8.5 million in funding. This financing is divided into seed funding and a debt facility,…
Leading the charge in climate fintech, London-based ekko has raised $2.5 million to advance sustainable finance. This funding round, spearheaded by Fuel Ventures, marks a significant…
A recent UK survey by the Department for Science, Innovation and Technology highlights growing concerns about AI’s impact on jobs.45% of respondents fear AI could replace…
