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27th May 2020

Banks ramp up tech recruitment in response to COVID-19

New tech roles in banks has increased by a staggering +46% in the last three years – making traditional banks the most prominent recruiter for tech professionals.

26th May 2020

Strong start to 2020 for European VC says KPMG Venture Pulse Report

European VC-backed companies raised $8.8B across 923 deals in the first quarter of 2020 according to the latest KPMG Venture Pulse Report.

Investment in Europe got off to an excellent start in 2020 even with the exit of the UK from the European Union and the sudden uncertainty created by the rapid spread of COVID-19 in February and March. The expanding startup ecosystem across Europe, low interest rates, and a strong base of maturing startups helped drive the continued VC investment.

20th May 2020

£64m invested as British Business Bank reveals early impact of MEIF

Over £64.8 million has been invested into 257 businesses by the Midlands Engine Investment Fund (MEIF), with new data revealing its regional impact just released.  The £250 million Fund, which was launched by the Government’s British Business Bank in 2017 to support small businesses in the Midlands, has helped to create 629 jobs, with 37 per cent paying above the UK upper quartile salary of £36,500 a year.

The new data has been released as part of an Early Assessment Report which charts the Midlands Engine Investment Fund’s progress between August 2017 and September 2019.

18th May 2020

European private equity hit new highs in 2019 says Invest Europe

Private equity and venture capital fundraising hit €109 billion, up 6% in 2019, and the highest total over a decade, according to new data from Invest Europe. In parallel, the total equity amount invested in European companies increased 10% year-on-year to €94 billion in 2019, the highest level on investment ever recorded.

 

15th May 2020

Third of UK fintechs have lost vital funding due to equity management problems

Qadre, a high-growth fintech trusted by leading institutions to deliver certainty with blockchain technology, has announced a new research report in partnership with techUK that reveals a third of UK fintechs have lost vital funding due to equity management problems. The report ‘Making fintech work for fintechs’ is based on a survey of 59 UK fintech founders and exposes the impact of complex equity management processes on business growth as well as the impact of COVID-19 on fundraising.

13th May 2020

eFront: Calm before storm as private equity ends 2019 on a high

eFront, the leading financial software and solutions provider dedicated to Alternative Investments, has published its latest Quarterly Private Equity Performance report, showing that private equity funds globally maintained a high level of performance throughout 2019, as the industry enjoyed benign economic conditions and a late-cycle phase. The consequences of the Covid-19-induced economic slowdown are yet to be reflected in the figures.

12th May 2020

Business angel investment in Scotland reaches new heights

Business angel syndicates in Scotland participated in deals which invested over £100m in young entrepreneurial companies in the financial year to end March 2020.

12th May 2020

New research highlights how role of fund finance by GPs will combat COVID impact

 

A new survey by Intertrust, a global leader in providing tech-enabled fund and corporate solutions, 

 

7th May 2020

Coronavirus emergency pushes more than half a million UK businesses to the brink of insolvency

 

One in ten British businesses face a high risk of entering insolvency as a result of the coronavirus pandemic. 

 

7th May 2020

Coronavirus, the global financial crisis and private equity valuations

eFront, the leading financial software and solutions provider dedicated to Alternative Investments, has published a retrospective analysis of private equity performance, capital calls and distributions over the past 20 years, offering insight into the likely impact on the asset class of the downturn caused by the Covid-19 pandemic. 

5th May 2020

Blockchain: It’s the future so put your money where your mouth is says MMC research

New research released from venture capital fund MMC Ventures, shows that while 2,700 blockchain companies have been created in the UK since 2008, only 9% of these  have been equity funded. Initial Coin Offerings (ICOs) had been the ‘go-to’ source of funding for blockchain companies until early 2018. As the ICO funding model has become increasingly difficult since the crash in crypto prices in the beginning of 2018, companies are shifting back to equity finance and placing a greater emphasis on company fundamentals.

4th May 2020

Small business growth outlook collapses

The proportion of UK small businesses predicting growth has plummeted from 39% to just 14% in the last three months.

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