Volvo Cars has launched a new fund aimed at investing in high-potential technology start-ups around the globe.
The aim of the Volvo Cars Tech Fund is to invest in strategic technology trends that are transforming the automotive industry, such as artificial intelligence, electrification, autonomous driving and digital mobility services.
The Tech Fund’s first strategic investment is a seed round investment into a California-based technology firm developing advanced sensors.
Mar 24, 2018
Volvo Cars has launched a new fund aimed at investing in high-potential technology start-ups around the globe.
The aim of the Volvo Cars Tech Fund is to invest in strategic technology trends that are transforming the automotive industry, such as artificial intelligence, electrification, autonomous driving and digital mobility services.
The Tech Fund’s first strategic investment is a seed round investment into a California-based technology firm developing advanced sensors.
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Established finance providers are using a vast array of start-ups as a breeding ground of innovation to accelerate their own digitalisation developments through acquisition and partnerships, according to a new report.
The report, 'Beyond Fintech: A pragmatic assessment of disruptive potential in financial services', argues that while fintechs have changed the basis of competition in financial services, they have yet to materially alter the competitive landscape.
Nov 13, 2017
Established finance providers are using a vast array of start-ups as a breeding ground of innovation to accelerate their own digitalisation developments through acquisition and partnerships, according to a new report.
The report, 'Beyond Fintech: A pragmatic assessment of disruptive potential in financial services', argues that while fintechs have changed the basis of competition in financial services, they have yet to materially alter the competitive landscape.
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Fast-growing fintech firm MarketInvoice has launched a new business loans service that expands its solutions beyond invoice finance.
Businesses will now be able to obtain unsecured business loans from £10,000 to £100,000 over a 12-month term, with no early repayment fees.
Nov 01, 2017
Fast-growing fintech firm MarketInvoice has launched a new business loans service that expands its solutions beyond invoice finance.
Businesses will now be able to obtain unsecured business loans from £10,000 to £100,000 over a 12-month term, with no early repayment fees.
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Fintech start-up Fair, which offers a fully-digital, flexible leasing app, has announced it is closing a strategic funding round led by BMW i Ventures that includes investments from Penske Automotive Group and other strategic investors.
Fair plans to grow its presence from Los Angeles to the rest of California by the end of 2017, and to other selected US markets through 2018.
Fair customers can order a ready-to-pick-up pre-owned car from anywhere in minutes, without any physical paperwork, by scanning their driver’s license, linking a bank account, and signing in the app.
Oct 25, 2017
Fintech start-up Fair, which offers a fully-digital, flexible leasing app, has announced it is closing a strategic funding round led by BMW i Ventures that includes investments from Penske Automotive Group and other strategic investors.
Fair plans to grow its presence from Los Angeles to the rest of California by the end of 2017, and to other selected US markets through 2018.
Fair customers can order a ready-to-pick-up pre-owned car from anywhere in minutes, without any physical paperwork, by scanning their driver’s license, linking a bank account, and signing in the app.
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Auto fintech disruptor Cazana has held talks with potential investors and customers in the US as part of expansion plans that could more than triple its size.
Cazana is currently the UK’s largest car search and indexing engine for used cars, having amassed data on all 37 million cars on the road and obtaining values for 98% of them. It currently has 600,000 UK vehicles listed for sale on its website.
Oct 24, 2017
Auto fintech disruptor Cazana has held talks with potential investors and customers in the US as part of expansion plans that could more than triple its size.
Cazana is currently the UK’s largest car search and indexing engine for used cars, having amassed data on all 37 million cars on the road and obtaining values for 98% of them. It currently has 600,000 UK vehicles listed for sale on its website.
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Two fintech firms are collaborating to help SMEs identify impending cashflow problems and obtain the funding required to return them to health.
CaFE, a cashflow monitoring application, is partnering with FloFunder from invoice finance company PeerPay, a platform that matches firms requiring cash with businesses or individuals who are willing to invest.
Oct 04, 2017
Two fintech firms are collaborating to help SMEs identify impending cashflow problems and obtain the funding required to return them to health.
CaFE, a cashflow monitoring application, is partnering with FloFunder from invoice finance company PeerPay, a platform that matches firms requiring cash with businesses or individuals who are willing to invest.
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Ford is developing plans to launch machine learning-based credit approvals in its auto finance business following successful trials in a move which could unlock a $1.4 trillion market of consumers who might otherwise be denied loans.
Aug 30, 2017
Ford is developing plans to launch machine learning-based credit approvals in its auto finance business following successful trials in a move which could unlock a $1.4 trillion market of consumers who might otherwise be denied loans.
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