UK the place for Tech investment as investors plough over £9bn into British tech businesses in 2019

UK the place for Tech investment as investors plough over £9bn into British tech businesses in 2019

The UK has pulled well ahead of its closest rivals Germany and France as a tech investment magnet, despite ongoing Brexit uncertainty. Investment in UK technology companies rose by nearly 50pc in 2019 to reach $11.12bn (£9.4bn) compared with $7.52bn last year.  This is more than double the amount invested in Britain’s two closest rivals, Germany and France, which raked in $5.9bn and $4.87bn respectively.London continues to be the number one tech hub in Europe in terms of investment, followed by Berlin and then Paris.  The capital is home to more

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Barclays Opens FinTech Site in Tech City London

Barclays Opens FinTech Site in Tech City London

Barclays has opened its flagship FinTech open innovation site, Rise London, in Shoreditch. Rise is Barclays’ programme which aims to combine a curated community of FinTech startups , corporate clients and other experts from across the world, to work on Barclays’ customer and business opportunities and to shape innovative financial services.  At Rise, Barclays co-creates new products, services and platforms along with startups and corporates, investors and industry experts across seven sites internationally in New York, Manchester, Mumbai, Cape Town, Vilnius, London and Tel Aviv. In each location, the banking

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The rise of the family offices as early stage investors

The rise of the family offices as early stage investors

Companies currently raising rounds of venture investment are inevitably learning some hard truths.  Primarily, VC money isn’t as readily available as in previous years, and for the companies that are receiving funding, they’re finding that the terms are becoming increasingly more onerous. The good news for startups looking for funding is that a new source of direct investment is coming to the rescue: the family offices of wealthy individuals and families. Single-family offices (SFOs) were first pioneered by the Rockefellers in the late 1800s as a way to centralise the management

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