Hosted by the Tech london Advocates (TLA), the Retail Tech 50 launch during London Technology Week, highlights the brightest and best of London’s vibrant retail startup ecosystem. From supply chain to payments, in-store to digital, this list paints a bold picture of the future of retail as told by local talent.
"RetailTech has increasingly become a dominant tech specialism in London" - Russ Shaw, Founder of Tech London Advocates
We are seeing new businesses emerge within an established industry, ones which are embracing change and using technology to disrupt the status quo. Ranging from virtual pop-up stores, to robotic warehouses and drone delivery, the retail industry in the UK is shifting from the more traditional methods of the high street, to the implementation of new and exciting technologies.
The 3 Momentum alumni that featured were all in the payments category but offer vastly different propositions. Below is more about the 3 Momentum startups that feature:
1. Divido (Q2 2017 Cohort)
Divido is a retail finance platform, allowing customers to spread the cost of purchases whilst merchants get paid in full immediately.
2. Xelix (Q3 2017 Cohort)
Generates savings for buyers by automating the process of early settlement discounting
3. Nuggets (Q1 2018 Cohort)
Nuggets are an E-commerce payments and ID platform that stores personal and payment data securely in the blockchain
The 3 #MomentumStartups are in good company with the likes of Poq, Metail, Appear Here and Edited, also included in the Retail Tech 50 list.
View the full report here: TLA RetailTech Catalogue