UK insurtech company Concirrus raises $20m in Series B round
Concirrus, a London based marine and automotive insurtech company, has raised $20 million in a Series B funding round led by AlbionVC, the technology investment ... Read More
SMBC deploys Exiger’s anti-money laundering solution DDIQ in EMEA Region
Sumitomo Mitsui Banking Corporation Europe (SMBC) has selected Exiger's artificial intelligence-powered technology DDIQ to strengthen the bank’s know your customer (KYC) and anti-money laundering (AML) ... Read More
Diageo acquires majority stake in non-alcoholic spirits brand Seedlip
Diageo investment in Seedlip: Diageo, through its startup accelerator program Distill Ventures, has acquired a majority stake in Seedlip, which is claimed to be the ... Read More
PPRO acquires Latin American payments provider allpago
PPRO acquisition of allpago : UK-based cross-border e-payments company PPRO has acquired allpago, a Latin American payments provider for an undisclosed price, to create one ... Read More
RBI okays Yes Bank representative offices in London & Singapore
Banking industry news : Yes Bank, an Indian private sector bank has secured approval from India's central banking institution – the Reserve Bank of India ... Read More
Nestle Canada to invest $40m to expand ice cream factory in London, Ontario
Ice cream industry news : Nestle Canada plans to boost its production capabilities at its ice cream factory in London, Southwestern Ontario with an investment ... Read More
Uber ban in London : Transport regulator says Uber is “unfit” for private hire operator licence
Uber ban in London : In a massive blow to US-based Uber, the taxi services company’s five-year operating license in London will not be renewed ... Read More