Pimloc and llluma Technology Pick Up Funding in London

Video management platform Pimloc and adtech company llluma Technology have nabbed some handy tech funding in London. Pimloc has raised a seed round of $7.5 million (£5.6 million) led by Zetta Venture Partners. Existing investors Amadeus Capital Partners and Speedinvest also participated. There are no financial details but Apple’s former director...

Open Banking Platform TrueLayer Makes European Expansion

London-based open banking platform TrueLayer has started the year well with further expansion of its connectivity in five European countries. The fintech company says it has added Austria, Belgium, Denmark, Finland and Portugal for open banking data and payment initiation services. It has also increased connectivity in existing markets including...

Inspiring Women in Tech: Interview with Helena Murphy

Our 'inspiring' series of interviews continues as we talk with dynamic women who make a difference in the UK's exciting tech industry. Helena Murphy is Founder and Managing Director of Raising Partners - a Glasgow-based investment firm - and Raising Partners Angels, a syndicate that invests in companies making a...

Vodafone to Phase Out 3G by 2023

Vodafone has decided to switch off its two-decades-old 3G network from 2023. The move comes at a time when mobile operators are looking to free more spectrum space for open radio access network (RAN), and retiring 3G might boost the process. The rollout won't be that easy for Vodafone's 18...

Thought Machine Gets Islamic Digital Bank Deal in Malaysia

Fintech firm Thought Machine is enjoying a good month thanks to a new core banking deal with Al Rajhi Bank Malaysia (ARBM). Following its deal in January with Danish company Lunar to modernise its core banking system, London-based Thought Machine says ARBM has chosen its “cloud native” core banking technology. ARBM,...

Sylvera, PQShield, Tuum and n-gage io Secure Funding

London, Oxford and County Durham are full of life with Sylvera, PQShield, Tuum and n-gage.io picking up some tech funding. Carbon offset ratings provider Sylvera has raised $32.6 million (£24 million) in Series A funding as the London-based firm seeks to become “a source of truth for carbon markets”. PQShield, an...

Fintech Startup Tell Money Targets Recruitment Drive in 2022

Enterprise services provider Tell Money has its heart set on fintech expansion and is telling the world it is looking for new staff this year. The London-based startup announced on LinkedIn: “After a successful 2021, we're excited to be expanding the Tell Money Team. We'll be posting a wide range...

Qualys Identifies Exploitable Linux Vulnerability Hidden for 12 Years

After revelations of the Log4j vulnerability last year, the infosec community has been rocked again with a security meltdown covering all major Linux systems. California-based cloud security provider Qualys discovered a vulnerability in pkexec, a part of Polkit's SUID-root program. Polkit (formerly Policykit) is ubiquitous to Linux and controls system-wide...

Best Procurement Software in the UK

Procurement processes through third-party relationships can be necessary for the acquisition of goods and services that support businesses and organisations. However, successful procurement practices can involve many different actions, including ensuring the safety of their purchases, analysing their expenditures, managing their approvals and other related tasks. For organisations within...

Why Organisations Should Worry about Big Game Hunting (and it’s Nothing To Do with Wildlife)

One of the biggest, and most serious, cyberthreats that companies face today is from ransomware. And despite security teams’ best efforts to mitigate this threat, cybercriminals inevitably remain one step ahead. The scale of attacks are continuing to increase and are becoming ever more sophisticated. The first ransomware attack was...