UK

British, Government & Policy, Startups, Tech, Tech News, UK, Venture

UK launches £500 package to support diverse, underrepresented investors and founders

The British Business Bank, owned by the UK government, is creating a £500 million (around $674 million) economic package to help support diverse and underrepresented fund managers and founders in the country.  Fifty million pounds will be set aside for female-led venture funds, which means the BBB has now committed at least £100 million (around […]

Europe, Fintech, Government & Policy, Revolut, Tech, Tech News, UK

Neobank Revolut seeks $65B valuation, a year after its $45B deal

Europe’s fintech darling Revolut is looking to raise a new funding round that would give it a $65 billion valuation, the Financial Times reports.  The UK-based company is reportedly in talks to raise around $1 billion by issuing new shares and selling existing ones. The US-based firm Greenoaks is said to be leading the round, […]

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