Author: Scott Dylan

Fiinu, a pioneering Neobank app, is set to launch in early 2019. Its mission is to provide credit access to the underbanked population in the UK, aiming to revolutionise financial inclusion.The app promises to reduce traditional banking costs significantly. Through its automated lending robot, Fiinuscore, Fiinu aims to save UK consumers £1bn annually on overdraft fees within five years.Fiinu positions itself as a disruptor in the FinTech sector. Established with the aim of addressing financial exclusion, it offers alternatives for those who often turn to payday loans.The core feature, Fiinuscore, is an automated system designed to streamline lending. It aims…

In a world dominated by digital interactions, understanding customer feedback is crucial. Yet, many companies struggle with extracting meaningful insights from the vast sea of online data.This article explores how linguistic analytics, such as those developed by Wordnerds, can revolutionise the way businesses interpret customer sentiment, driving strategic improvements and customer satisfaction.The Challenge of Understanding Customer SentimentIn the digital age, businesses cannot afford to ignore what is being said about them online. As Steve Erdal, director of linguistics at Wordnerds, suggests, the wealth of online information lacks structure, making it difficult to interpret. Traditional search tools like Google may find…

FriendlyScore is at the forefront of revolutionising credit assessments through social media insights. Its innovative model redefines how we understand financial reliability.By tapping into social media data, FriendlyScore offers an alternative to traditional credit systems. This groundbreaking approach holds the promise of enhancing financial inclusion, particularly for the vast unbanked populations globally.A Revolutionary Approach to Credit ScoresIn a world where financial credibility is paramount, FriendlyScore introduces an innovative mechanism for calculating credit scores. By leveraging users’ social media profiles, the platform offers a novel method to assess financial reliability. This approach potentially opens up new avenues for the unbanked population,…

In the ever-evolving realm of artificial intelligence, new advancements continuously reshape possibilities. An impressive development has emerged from Elon Musk’s AI company, showcasing the integration of robotics and AI.This article delves into how such technologies are pushing boundaries, offering new dimensions of interaction and understanding in various fields, from creative arts to social media. Explore the future of AI-driven innovations that are set to revolutionise our lives.Robotic Dexterity: The Rise of AI-Driven HandsElon Musk’s AI firm has unveiled an astonishingly lifelike robotic hand, blending robotic engineering with artificial intelligence. Created by the UK-based Shadow company, this hand was integrated with…

Virtualstock has successfully appointed René Schuster as its new chairman and has raised £3.42 million through the Enterprise Investment Scheme (EIS). This development marks a significant step forward for the company.René Schuster’s impressive track record in leading major telecommunications firms promises to herald a new era of growth and expansion for Virtualstock, especially with the recent funding round boosting the company’s capital for future endeavours.Virtualstock has announced the appointment of René Schuster as chairman, bringing his extensive experience in technology and telecommunications. Schuster is recognised for his tenure at Telefonica Deutschland, where he managed Europe’s largest IPO in 2012, raising…

In a significant development within the transportation sector, CheckMyBus has successfully secured a substantial investment. This marks a pivotal point for the platform, promising accelerated growth and innovation.With a €1.4 million boost from various investors, the company is poised to revolutionise the bus travel experience globally. This investment underscores the potential of digital solutions in transforming traditional travel modes.Strategic Investment from Marchmont VenturesCheckMyBus, an innovative force in the bus travel industry, has completed a noteworthy funding round. With €1.4 million secured during Series A financing, the company is set to achieve new milestones in its mission. Marchmont Ventures, co-founded by…

Freshworks has secured a significant $100 million investment, marking a pivotal moment in its growth trajectory. This funding round was co-led by Accel and Sequoia, with CapitalG also participating.This latest cash injection elevates Freshworks’ total funding to $250 million. Such financial backing underscores the company’s robust position in the customer engagement software space, facilitating global expansion and innovation in its integrated SaaS platform.Freshworks has recently achieved a major milestone by securing $100 million in a funding round. Accel and Sequoia spearheaded this investment drive, reflecting strong confidence in the company’s future. CapitalG also joined the financing effort, contributing to the…

The UK’s FinTech sector has achieved a remarkable milestone, securing an unprecedented $16 billion in investments within the first half of the year. This figure surpasses investment influxes in even the most competitive global markets, including the US.Historic Investment LevelsThe UK FinTech industry has witnessed an extraordinary period of growth, attracting a record $16 billion in investment, a feat unmatched worldwide. This investment surge was significantly driven by the colossal $12.9 billion acquisition of WorldPay by Vantiv, positioning the UK as a dominant force in the European FinTech landscape.The UK accounted for more than half of the total FinTech investment…

Peel Energy is spearheading a transformative energy project in Liverpool Waters.The ambition is to establish a low carbon district heat network to serve future urban developments.The Rise of Low Carbon Heat NetworksPeel Energy has embarked on an ambitious project to develop a district heat network at Liverpool Waters, dubbed Mersey Heat. This network aims to harness low carbon solutions to provide hot water and space heating for both existing and future infrastructures. It represents a significant leap towards sustainable urban development, addressing modern energy demands while reducing carbon footprints.Utilising cutting-edge technology, Peel Energy seeks to transform urban areas by integrating…

Blockchain is heralding a new era in the secure handling of scientific research data. A platform like MaterialsZone is pivotal in reshaping how data is shared and protected globally.Utilising cutting-edge blockchain technology, MaterialsZone offers a resolution to the challenges faced by academics in securing and sharing valuable research data. This transformation is set to foster collaboration and innovation in material sciences.Revolutionising Scientific Research StorageUtilising a blockchain ecosystem for the secure storage of academic research, the Israeli platform MaterialsZone recently attracted $1 million in investment to combat the issue of lost and stolen scientific data. This funding, provided by Sarona Ventures,…