Finance Workshop

Building a budget bank

The hardest part of creating a bank for people on low incomes appears to be running call centres. Most startup ideas tend to take aim at the affluent. In fact, it’s a growing concern that the fruits of innovation are commonly made by and for those people with lots of disposable cash. One business that’s not following that script is …

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Finance Workshop

How much money a startup needs to raise – and how to spend it

Exactly how much money do you need to raise and how do you spend it without crashing? Matt Robinson is on his second company, Nested, and reckons he’s hit on a formula. In some ways, GoCardless and Nested are quite similar. Both of the businesses Matt Robinson founded operate as digital middlemen; the former is a means for companies to take …

Don't List on Homepage Tech

Brexit: Mixed messages from startup investors

Post-Brexit uncertainty, new challenges and a tougher economic outlook appears to have made investors cautious. Perhaps mindful of the damaging impact that negative sentiment could have on confidence in the capital, the big London- based venture capital firms were unified in projecting a message of calm. However, businesses that Courier spoke to all said there was a degree of nervousness …

Don't List on Homepage Finance

Brexit: All eyes on fintech

The most immediate startup victim of Brexit is the financial technology sector. So-called ‘passporting’ allows financial firms to carry out services licensed in one EU country across European borders. That’s all been thrown into jeopardy. The ‘fintech’ sector has in recent years been earmarked as London’s trump startup sector; a number of companies doing innovative stuff around financial services have …