The concept of banking-as-a-Service (BaaS) is on the rise and research conducted by IBM shows that 79% of bank executives believe that BaaS will provide a competitive edge, increase profitability, and help expansion into new markets. Railsbank is the leading BaaS platform that offers a complete financial services backend – platform, connectivity, operations, scheme memberships (e.g. Visa), regulation, and compliance. Railsbanks’ APIs provide the building blocks for businesses to innovate to address any financial use case, including the launching of a full banking system. London TechWatch caught up with CEO and Cofounder Nigel Verdon to learn more about Railsbank, its global expansion plans, and recent capital raise, which brings the total funding raised to $51.4M.
London Startups
RevLifter Raises £3.3M to Power Hyper-Personalised Online Shopping Experiences
With Cyber Monday right around the corner and the holidays coming up, brands are preparing for the rush of online shoppers and getting ready to deliver outstanding, personalised shopping experiences through platforms like RevLifter. This AI, retail tech startup powers hyper-personalised real-time deals at all stages of the customer’s buying journey. RevLifter’s AI algorithm can pinpoint the right deal for the right customer at the right time, and its solution has been so effective at increasing customer conversion rates that clients like Harvey Nichols, Very AT&T, and more have incorporated RevLifter into their commerce platforms. London TechWatch caught up with Simon Bird to discuss how RevLifter boosts e-commerce sales and helps brands maintain a competitive edge in a time where a curated, personalised experience means everything to consumers. We previously interviewed Bird in 2019 after RevLifter’s seed round. RevLifter has raised a total of £5.6M across two rounds.
AGRIVI Raises £4M for its Comprehensive Farm Management Software Platform
While agriculture is the backbone of economies across the world. Despite “software eating the world”, farming, as an industry, has been severely overlooked when it comes to innovation and data-driven solutions. AGRIVI, the complete farm business management platform, is on a mission to change this by supporting farmers by leveraging technology to make farm operations efficient. London TechWatch caught up with CEO and Founder Matija Zulj to learn more about how AGRIVI helps solve the global food crisis while supporting farmers, the company’s expansion plans in Europe and the US, and the latest round of funding from investors that include South Central Ventures, European Investment Fund, Croatian Bank for Reconstruction and Development, Fil Rouge Capital,and AgriTech Hub.
Juggle Raises $2.1M for its Job Marketplace That Focuses Exclusively on Flexible Roles
The popularity of flexible work arrangements has skyrocketed due to COVID, however, flexible work arrangements can have a larger impact. According to the Equality and Human Rights Commission, flexible work arrangements are a primary driver for improving gender equality in the workplace and encouraging more roles to be flexible could solve the gender pay gap. Juggle is the employment platform solely dedicated to flexible roles. The platform matches companies with top-tier mid and senior-level talent seeking flexible working arrangements. London TechWatch caught up with CEO and Founder Romanie Thomas to learn more about how her experience as a headhunter inspired her to create Juggle to increase the number of women in senior leadership roles, her experience fundraising as a sole founder, and the company’s latest funding round from investors that include Social Capital, 7percent Ventures, Oxford Capital, Andreas Mihalovits, Andrew Gault, Andrew J. Scott, Charlie Kemper, Charlie Songhurst, Curtis Chambers, Rajiv Kapoor, and Pip Wilson.
Clementine Raises £1M to Let Women Tap into the Benefits of Hypnotherapy
Hypnotherapy is an effective tool to ease anxiety and stress. Clementine, built to empower women and make them feel happy and healthy, supports women’s mental wellbeing through hypnotherapy via its app. Ranging from a quick 3-minute session to a 30-minutes of deep sleep, all sessions are designed to help women alleviate stress, anxiety, and sleep issues. London TechWatch caught up with Founder Kim Palmer to learn more about the inspiration behind Clementine, her experience fundraising, and the company’s recent round from Fortunis Capital.
EventsCase Raises £3.5M for its All-In-One Events Management Platform
Early in the pandemic, EventsCase, an event management platfor, lost 75% of its sales as the world and all events stopped. By May the company rolled out a solution for managing virtual events. The company is now on pace to double its sales thanks to the this strategic shift. London TechWatch caught up with CEO and Cofounder Jose Bort to learn more about the evolution of EventsCase, the company’s product roadmap, expansion plans, and recent round of funding from investors that include Haibun Partners and Neil MacDougall,.
Anything World Raises £500K To Let You Build 3D Worlds Using Your Voice
Don’t underestimate the power of your voice. One of the latest London startups to come out of Techstars and Ubisoft’s AI accelerator is Anything World, the no-code platform that allows creators to build 3D worlds simply using their voice. Anything World has a pre-built library of 500K+ 3D models for creatives to choose from, and its proprietary machine-learning algorithm can bring any static model to life through simple voice commands. Anything World integrates with Unity, Google Poly, and other platforms. The company is currently focused on scaling its integrations and recently launched a public Beta. London TechWatch caught up with CTO and Cofounder Gordon Midwood to learn more about the company, its plans to make integrated 3D experiences ubiquitous, and the company’s recent funding round.
These 9 London Startups Raised the Most Capital in October 2020
#LondonTech Week in Review: 25/10/20-31/10/20
Personify XP Raises £550K to Help Brands Deliver Personalised Ecommerce Experiences without Violating Privacy Laws
95% of online shoppers browse websites anonymously and this number will only continue to grow as browsers such as Google Chrome will phase out 3rd party cookies in 2022. Personify XP is the world’s first anonymous real-time personalization platform. Personify’s AI-powered technology understands online shopper’s interests in real-time and can deliver personalised content, or product images, to consumers without sacrificing their anonymity. Personify XP has experienced a 420% YoY growth since August 2019. London TechWatch caught up with Ben Mercer to learn more about Personify XP, how its technology drives a 10% increase in revenue on average for brands that are leveraging the technology, and the company’s recent funding round from investors that include Founders Factory, Touker Suleyman, and other high-profile angels.