Yonder, a credit card startup company and Startups 100 alumni, has recently announced that it has received a new round of Series A funding to help it continue to grow and scale the business. The Series A funding, to the tune of $62.5 million, was co-led by Northzone and RTP Global alongside angel investors Joseph Moore, founder of Crust Bros, and…
Listing on AIM vs Standard List (Main Market)When it comes to taking a business public, the United Kingdom offers two distinct choices: the Alternative Investment Market (AIM) and the Standard List, also known as the Main Market. These two options provide businesses with avenues to raise capital from public investors, but…
A reversal of remote work policies is underway at several prominent UK banks, as they introduce mandatory in-office attendance to enhance productivity. Lloyds, for instance, has called upon its employees to return to the office twice a week, while HSBC is preparing for three office days per week, starting in…
In a significant move to bolster small businesses across the United Kingdom, the UK government has allocated £1 billion through its Start Up Loans scheme. This initiative, designed to aid entrepreneurs in launching and expanding their enterprises, has now extended financial support to over 100,000 businesses nationwide.Delivered through the state-owned British…
The fundamentalsWhen do you need a pitch deck?When you want to present your business plan to potential investors for funding to develop the business. You don’t need one if you are growing and funding business development organically.What is the aim of a pitch deck?To persuade investors to invest in your…
“Finfluencers” versus financial advisorsIn recent years, more and more businesses have sprung up to challenge the money matters status quo and make finance easy. The rise of finance influencers on platforms like Instagram or TikTok are part of this revolution, transforming the way people consume financial advice and information. These…
How to liquidate a companyHere are the steps you need to follow in order to liquidate your company:Step 1: Appoint a liquidatorAppointing a liquidator is a crucial step in the process of company liquidation. Finding the right professional can make a significant difference. Start by researching licensed insolvency practitioners who have…
What can affect your company’s valuation?There are a couple of things that affect your company’s valuation, for better or for worse. Here are the factors and ways you can mitigate or reduce them, as well as improve on their valuation-increasing attributes.Assets🙁 Reducing factor: if your company has a lot of outdated…
In the midst of dire financial conditions, approximately 1.5 million SMEs in the UK are contemplating dipping into their personal savings to keep their businesses afloat. A staggering 26% of small business owners also fear that they may have to close down if the outlook for their enterprises does not improve.A…
What is mezzanine finance?Mezzanine finance is a structured way to borrow money for your business. It's called “mezzanine” because it sits between the two traditional funding types – taking on senior debt, or selling equity.Instead of seeing you borrow money, as with a regular bank loan (which are becoming increasingly…
What’s in a (top 100) list? The Empower 100, Startups 100 and beyondThe financial strain experienced by underrepresented founders arises from various factors. Deep-rooted systemic inequalities, biases, and a lack of diverse networks have historically disadvantaged women, ethnic minorities, and disabled entrepreneurs. These individuals encounter difficulties in securing the necessary capital to…
In a declining economy, startups face an uphill battle when it comes to securing funding.…
With all of the recent news about artificial intelligence (AI), it got me thinking about…
A while back, I took a couple of my grandchildren on a tour of the…
Startups face numerous challenges on their journey to success, and failing to overcome any one…
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