Yonder, a credit card startup company and Startups 100 alumni, has recently announced that it has received a new round of Series A funding to help it continue to grow and scale the business. The Series A funding, to the tune of $62.5 million, was co-led by Northzone and RTP Global alongside angel investors Joseph Moore, founder of Crust Bros, and…
How to liquidate a companyHere are the steps you need to follow in order to liquidate your company:Step 1: Appoint a liquidatorAppointing a liquidator is a crucial step in the process of company liquidation. Finding the right professional can make a significant difference. Start by researching licensed insolvency practitioners who have…
What can affect your company’s valuation?There are a couple of things that affect your company’s valuation, for better or for worse. Here are the factors and ways you can mitigate or reduce them, as well as improve on their valuation-increasing attributes.Assets🙁 Reducing factor: if your company has a lot of outdated…
In the midst of dire financial conditions, approximately 1.5 million SMEs in the UK are contemplating dipping into their personal savings to keep their businesses afloat. A staggering 26% of small business owners also fear that they may have to close down if the outlook for their enterprises does not improve.A…
What is mezzanine finance?Mezzanine finance is a structured way to borrow money for your business. It's called “mezzanine” because it sits between the two traditional funding types – taking on senior debt, or selling equity.Instead of seeing you borrow money, as with a regular bank loan (which are becoming increasingly…
What’s in a (top 100) list? The Empower 100, Startups 100 and beyondThe financial strain experienced by underrepresented founders arises from various factors. Deep-rooted systemic inequalities, biases, and a lack of diverse networks have historically disadvantaged women, ethnic minorities, and disabled entrepreneurs. These individuals encounter difficulties in securing the necessary capital to…
Alternative funding sourcesTraditional funding methods may not always be sufficient or available to support sustainable initiatives.Fortunately, alternative funding methods are emerging as powerful tools for businesses and organisations striving to achieve sustainable financing. These methods offer innovative approaches that blend financial returns with social and environmental impact. Let's explore some of…
Empowering female initiativesFemale entrepreneurs contribute £3.51 billion to the UK economy each year.Let’s take a look at some of the female initiatives that are fighting to maintain the drive and enthusiasm of female entrepreneurs so that new, inspiring and essential businesses can come to fruition this year:Alison Rose, The Rose…
What is Series C Funding?Series C funding refers to the third (and usually ‘final’) official round of financing by venture capitalists or other investors.When does Series C funding happen?Series C can happen within a year of Series B, but is much more likely to happen two years after.How much equity…
How does seed funding differ from series funding?Where pre-seed and seed funding are available to completely new businesses who are starting from practically nothing, Series A, B and C funding is available only to startups that are further along from the pre-seed and seed stages, and basically already established and…
Share capital (also known as ‘statement of capital’)This is the total value of shares, issued or non-issued. For example, if you decide to issue one hundred ordinary shares with a value of £1 each, then the share capital would be £100. You would likely want to price your shares relative…
In a declining economy, startups face an uphill battle when it comes to securing funding.…
With all of the recent news about artificial intelligence (AI), it got me thinking about…
A while back, I took a couple of my grandchildren on a tour of the…
Startups face numerous challenges on their journey to success, and failing to overcome any one…
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