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Adoption of new tech is vital, yet only 20% of SMEs are “tech-savvy”

A report has found that only one in five small businesses are open to digital transformation. FIGURES from NatWest’s ‘Springboard to Recovery’ report illustrates that only one in five small businesses are open to digital transformation, despite it making them 2.5x more likely to experience a 20% or more increase in revenue.  This data, which …

Adoption of new tech is vital, yet only 20% of SMEs are “tech-savvy” Read More »

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Five early-stage tech companies from Scotland announced in Tech Nation’s ‘Rising Stars’ competition

Tech Nation has today announced the 5 Scotland Regional Winners of its fourth Rising Stars competition, which recognises the brightest and best early-stage tech scaleups from every area of the UK. This year’s Scotland Regional Winners are Kythera AI, Letting Cloud, PolyDigi Tech, Gigged.AI and Know-it. These companies, which hail from Edinburgh and Glasgow – Scotland’s two largest tech hubs – are …

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Scottish EDGE invests £1.5 million into 42 businesses

Growth funding competition receives hundreds of pitches during two-day event. Scottish EDGE has invested in a total of 42 businesses with entrepreneurial potential, breaking its investment record with a total of £1.5m. The high growth potential business funding competition received hundreds of applications. After two days of pitching, judges chose the winners. Medical technology start-up …

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Five Scots Firms Announced as Tech Nation Rising Stars 4.0 Winners

Gigged.AI, Know-it, Kythera AI, Letting Cloud and PolyDigi Tech have been chosen as the Rising Stars 4.0 Scottish regional winners. A cohort of tech startups has today been announced by Tech Nation as the five Scottish Regional Winners of its fourth Rising Stars competition. Rising Stars 4.0 is Britain’s only national early-stage tech scaleup competition. …

Five Scots Firms Announced as Tech Nation Rising Stars 4.0 Winners Read More »

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Open Banking Forecast for Heavy Adoption Amongst UK Credit Providers in 2021

55% of lenders plan to adopt Open Banking technology by the end of 2021, with 93% of those businesses expecting to adopt the data-sharing initiative in the next 12 months; according to the recent data of Know-it.  One-fifth of lenders are to implement Open Banking-enabled products with a higher sense of urgency as a direct impact of …

Open Banking Forecast for Heavy Adoption Amongst UK Credit Providers in 2021 Read More »

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Open Banking Forecast for Heavy Adoption Amongst UK Credit Providers in 2021

55% of lenders plan to adopt Open Banking technology by the end of 2021, with 93% of those businesses expecting to adopt the data-sharing initiative in the next 12 months; according to the recent data of Know-it.  One-fifth of lenders are to implement Open Banking-enabled products with a higher sense of urgency as a direct impact of …

Open Banking Forecast for Heavy Adoption Amongst UK Credit Providers in 2021 Read More »

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