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.

GridBeyond, a London-based smart energy provider, is to use the funding from their recent £9m funding round to double its workforce and push new sector-facing R&D.

Video tutoring platform Verbling - the San Francisco-based startup - has been acquired by Busuu, one of the most popular language learning solutions.

High street bank Barclays has announced a partnership with Nimbla, a pioneer of single invoice insurance, providing its 1 million SME clients with the opportunity to benefit.

American investment bank Goldman Sachs is reported to have launched a search for a regional base for a new “technology hub”.

London-headquartered employee experience platform Perkbox has signed up Krispy Kreme as a new customer.

Digital bank Vive has received a banking licence from the Bank of England, with restriction.

Major central banks are looking at the case for issuing their own digital currencies, the Bank of England and European Central Bank said this week.

Audio streaming platform Mixcloud has launched a new in-house brand consultancy LOUD, to be led by founding partners Kazim Rashid and Ben Lawrence.

London-based VC firm Blossom Capital has launched a £142 million fund to invest in European tech startups.

LumApps, the SaaS provider of cloud-based enterprise communication solutions, has closed a $70 million Series C funding round.

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