BusinessCloud

Coverage of insights, opinions, and updates from the technology industry in the UK.

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Palatine takes majority stake in fulfilmentcrowd

5 days ago | businesscloud.co.uk | Jonathan Symcox

RetailDealsInvestmentPrivate equity house Palatine has taken a majority stake in fulfilmentcrowd. The tech-enabled fulfilment provider, based in Chorley, Lancashire, is growing worldwide. It recently launched an Asia-Pacific fulfilment hub in Sydney, Australia as well as a new hub in Dublin, Ireland. Further bases in the US are also set to open this year.
A quantum leap in scoring: How new technologies are changing creditworthiness assessment

6 days ago | businesscloud.co.uk | Jonathan Symcox

Partner contentA credit rating used to be determined by a few numbers: income, age, and debt. It was simple but too crude. Many worthy borrowers did not receive money simply because the system did not see the whole picture. Today, the situation is changing. Scoring is experiencing a real quantum leap. New technologies analyze behavior, habits, and the client’s digital footprint. The machine looks not only at the past but also predicts the future.
How MVPs help raise money faster

6 days ago | businesscloud.co.uk | Jonathan Symcox

Partner contentThe early days of any tech startup are a delicate dance between imagination and reality. Good ideas ignite passion, but translating that spark into a product that attracts funding is riddled with pitfalls. Emerging teams rarely have the resources or time to craft a finished product before testing the waters with investors or users. This is where Minimum Viable Products, or MVPs, become game-changers.
Tips to succeed as a spread betting investor in the UK

1 week ago | businesscloud.co.uk | Jonathan Symcox

Partner contentThe phrase spread betting can be received negatively by many who come across it for the first time. People ask questions like “What does gambling have to do with investing?” Spread betting is a simple concept where investors use historical data and maths to predict whether a given asset will rise or fall in price over a set period. Trading is never certain, and there is no such thing as an investment 100% guaranteed to convert, except if it is being unduly influenced.
Top 5 mistakes of beginners in betting on cybersports and how to avoid them

1 week ago | businesscloud.co.uk | Jonathan Symcox

Partner contentCybersports has long ceased to be just entertainment for a narrow circle of enthusiasts. Today, it is a billion-dollar industry where betting occupies a special place. Newcomers, inspired by high-profile team victories and rumours of easy money, often rush into the game without preparation. However, behind the bright screens of tournaments are hidden pitfalls that few people think about at the start.
Using text-to-speech for multilingual expansion: A scalable growth strategy for UK startups

1 week ago | businesscloud.co.uk | Jonathan Symcox

Partner contentUK startups face pressure to explore international markets due to domestic competition. While global expansion offers numerous opportunities, it presents significant challenges, primarily related to language barriers and cultural adaptation. In the past, only large companies could afford multilingual content creation due to the high cost. Today, text-to-speech platforms like Speaktor enable small startups to produce localized audio content easily and affordably.
Kraken expands institutional crypto custody to UK and Australia

1 week ago | businesscloud.co.uk | Jonathan Symcox

CryptocurrencyPartner contentCryptocurrency exchange Kraken recently announced an expansion of its institutional custody services as it bids to attract more traditional finance players into the digital asset space. After operating in the United States for years, their services are now available to clients in the United Kingdom (UK) and Australia. This move is designed to push its custody solution.
Stotles raises £10m to help companies win public sector work

1 week ago | businesscloud.co.uk | Chris Maguire

Stotles, the London-based platform that helps private sector suppliers grow their revenue in the public sector, has raised £10m ($13m) in Series A funding. The round was led by Headline and Acton, with participation from Form Ventures and Seedcamp. Stotles supports the end-to-end commercial process of creating strategy; building a qualified pipeline; finding the right tenders, and qualifying those opportunities to generate a first draft of a bid.
Could THG be about to exit FTSE 250?

1 week ago | businesscloud.co.uk | Chris Maguire

Manchester-headquartered THG is at risk of losing its place in the FTSE 250, reports suggest. The online retailer was only included in the FTSE 250 Index in March and the quarterly FTSE index review is based on changes to market cap. In March, THG’s founder and CEO Matt Moulding hailed the company’s inclusion as an ‘important moment in THG’s evolution’ following the demerger of THG Ingenuity.
Moneypenny goes on acquisition trail in its 25th year

1 week ago | businesscloud.co.uk | Chris Maguire

Global customer services provider Moneypenny has announced plans to go on the acquisition trail in its 25th anniversary year. The Wrexham-headquartered tech giant was co-founded in 2000 by siblings Ed Reeves and Rachel Clacher CBE and now employs around 1,000 staff and has a group turnover of £75m. Moneypenny has already made four US acquisitions and chief commercial officer Mark Finlay told BusinessCloud they were eyeing up other targets.