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Canva Acquires 2 European Startups to Fuel Growth in Design Automation & AI
Canva, an Australia-based technology company announced that it has completed acquisition of two European companies, Kaleido.ai (Austria-based) and Smartmockups (Czech Republic-based). With these acquisitions, Canva aims to strengthen its capabilities across the artificial intelligence (AI) and automation sphere. The move will enable Canva to expand...
UK Fintech’s Primer Connect: The Next Big Thing in Financial Services
Primer, a UK-based fintech company which is backed up by venture capital firms Balderton and Accel, announced the launch of Primer Connect. Primer Connect is an open application framework that allows third-payments services to build integrations and connections on the Primer platform. According to a report...
British Payments Company TransferWise Rebrands to Wise
Introduction After nearly a decade from its inception, TransferWise, a British payments group, is rebranding itself to Wise. With this move, Wise wants to showcase that it is more than a money transfer company. The name change is aimed to highlight the company’s growing range...
Westpac Announces Digital Banking Partnership with SocietyOne
The Westpac Group announced that SocietyOne as its new partner that is set to join the new digital banking-as-a-service platform developed by the company. The alliance with the Westpac Group is expected to open up new growth opportunities for SocietyOne which provides a range of...
Indian tech giant TCS to hire 1500 staff in UK in 2021
Indian technology giant Tata Consultancy Services (commonly known as TCS) announced that it will be hiring 1500 professionals in the United Kingdom over the next 12 months. The announcement by the tech company came after a meeting that happened between TCS CEO Rajesh Gopinathan and...
At $100 million valuation, fintech Symple raises $15 million
Personal loan financial technology company Symple Loans scored capital of $15 million from 2 institutional investors in a funding round that valued the fintech at over $100 million. The latest all-equity capital raising round was led by Costa Asset Management (by Robert Costa) and Welas...
Brands Using Augmented Reality to Reach Customers During the Pandemic
The year 2020 has made the world virtually advanced in more ways than ever before. The pandemic has enforced all sectors in adapting the new age technology in order to keep the customers attracted to the businesses. This has made it necessary for retailers to...
Crypto wallet & trading platform Blockchain.com raises $120 million
Blockchain.com, a London-based digital asset platform, announced that it has secured about $120 million (approximately £86.5 million) in funding. The investment round was led by several macro investors which include Kyle Bass, Moore Strategic Ventures (Louis Bacon), Rovida Advisors, Access Industries, GV (aka Google Ventures),...
Bookipi & Fat Zebra partner to launch a new invoice payments platform
Bookipi, an Australian financial technology company, is all set to launch a new invoice payments platform in partnership with another Australia-based fintech Fat Zebra. The all new invoice payments platform will be called ‘BookiPay’. Through this partnership, Bookipi will be using the payment infrastructure of...
