Tech News

At Prolific London, we take great amounts of pride in being able to report and provide some of the latest and most exciting news from the world of technology. There's forward-thinking startups harnessing the power of the internet, and legacy organisations moving rapidly into the modern age. It's fast-moving, and we're reporting from the very front.

The global blockchain-based investment and alternative banking ecosystem is selling 2.53% of equity stake to help fund a freemium model for customers in 2020

FinTech Lanistar, which intends to become a banking challenger unicorn, has announced its launch having secured £2 million worth of seed funding.

In Italy, time spent on Facebook's group calls has increased 1,000%.

Deliveroo has announced a new financial service for restaurant partners to support them during the coronavirus pandemic, introducing a new daily payment service to boost cash movement.

Money-saving app Chip has announced its approval by the Financial Conduct Authority (FCA) as an Authorised Payment Institution, as well as launching a selection of new features.

The latest funding brings the total raised since the company was launched in 2016, to £22.3million.

Two ads promoting the company's 5G service were banned by the UK ad regulator after they were found to be misleading.

Uber has announced its intention to work with American health authorities to deliver consumers tests for coronavirus, drawing on its experience in food delivery and the development of its Health branch.

Axate, a casual payments solution for newspapers' revenue streams, is offering an immediate solution to help sustain local news provision.

Prime Minister Boris Johnson and Health Minister Matt Hancock attended a roundtable meeting on Tuesday with healthtech startups and representatives of healthcare leaders and tech giants, with the goal of finding ways to test more people in the current pandemic.


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