London-based digital-first car insurance provider Marshmallow has just become the UK’s second Black-founded unicorn after raising an $83million Series B – valuing it at $1.25 billion. The start-up’s founders Oliver and Alexander Kent-Braham, who are twins, first launched the platform in 2017 – initially set out to serve ex-pats who struggled to find affordable insurance. But since its boom and rapid scale in business – the firm now describes itself as a “mass market.” According to Sifted, it is one of only two UK insurance start-ups to be granted a license
A spat between the UK Government, PayPal and Kenya freelancers has got everyone mixing up issues. “Thousands of jobless graduates from Kenya who help lazy university students in developed countries to cheat academically could soon be forced to find something else to do after the UK government started clamping down on essay mills. On Thursday, international digital money transfer service, PayPal, announced it was withdrawing its services to essay-writing firms selling to university students. This was after weeks of pressure from the UK government, which insists on stopping payments for
Welcome friends 👋 I had the opportunity to run an interactive workshop this year at Afrotech Fest 2019 in collaboration with Cynthia Mukendy from African Gist. The purpose of the workshop was to brainstorm and create a library for individuals of the African diaspora in the UK who are currently working or interested in Tech. Things that we covered during the session: Forums/communities that cater to individuals currently working or interested in tech. Inspirational people in tech of Black/African/Caribbean descent. Local organisations / business that support with funding / co-working space / mentoring
A long overdue article on the immense black entrepreneurial talent in the UK tech scene. Here we feature founders across sectors as diverse as beauty, event discovery, medicine, artificial intelligence, and IOT. Some have raised money, others are bootstrapping, some are running large agencies, others lean teams. Celebrate their stories. Sharmadean Reid @sharmadeanreid What more can be said about Sharmadean Reid? The founder of WAH nails an amazing salon in West London that integrates technology across the customer experience, she also is the co-founder of futuregirlcorp.com an events organization to support young female
by Steve D. Amara (@amarast) Diversity is less discussed on the East side of the Atlantic, mainly because European countries approach the topic very differently from each other. Nonetheless, major tech hubs have seen some brilliant startups founded people of color, tackling a variety of issues from urban logistics in European capitals to financial inclusion in Emerging Markets. Below are some that really caught our attention. African Markets African Markets is a provider of information and data dedicated to African stock markets. A very comprehensive platform, launched by 30-year-old Cameroonian
