Tuesday, December 20, 2022

London fintech Updraft raises £108 million to grow lending business

Lending firm Updraft today became the latest London fintech to ramp up its expansion plans after it completed a £108 million debt and equity raise to scale up operations.

Aseem Munshi, CEO and Founder of Updraft, told the Standard: "We're really excited – getting the funding in this environment was much more challenging than it was last year but our partners have been with us for a long time and they continue to invest.

Publisher: MSN
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In the bag: London company comes up with winning recipe for chickpea chips | London Free Press

A snack chip offering the taste of the Mediterranean, made here in London, is ready to be enjoyed by a lot more foodies.

In a few short months of production Peacasa, made from chickpeas, olive oil and not much else, is being sold in 150 stores across Ontario, Quebec and the Maritimes.

Publisher: lfpress
Twitter: @lfpress
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EE UK First to Trial Freshwave's Small Cell 5G Network in London - ISPreview UK

In busy areas such as city centres, the number of people using mobile devices can create high demand on the macro sites serving that area.

“We're delighted to have reached this milestone in the pilot of our truly multi-operator neutral host network. Shared digital infrastructure is the logical evolution in telecoms as cities become more connected and smarter.

Publisher: ISPreview UK
Date: 2022-12-20 10:30:25
Author: Mark Jackson
Twitter: @ispreview
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TOP NEWS: Bunzl buys four businesses; sells UK healthcare division | Finance News | shareprices.com

(Alliance News) - Bunzl PLC on Tuesday said it has agreed on four acquisitions, as well as the sale of its UK healthcare division, to generate a "small cash inflow".

The London-based distribution services company said it bought Toomac Ophthalmic & Solutions, a New Zealand-based opthamology product distributor, and agreed to acquire GRC, a Aussie distributor of medical technology devices, as part of its expansion of its healthcare business in the region.

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