The UK market has seen steady growth in entrepreneurship over the past decade due to favourable regulations, ease of doing business, and various schemes introduced to encourage innovation and development. This has led it to be ranked as the fourth most entrepreneurial nation in the world.
We look at some of the most innovative and creative businesses as per our opinion in the UK:
1. World Remit
Founded in 2010, World Remit offers a safer, simpler and easier way to send or receive money online to friends and family around the globe. This company has changed the way money gets transferred between parties; unlike traditional money transfer agents that require a visit to their physical offices, this company offers you the technology and tools to use your computer, tablet or phone at your convenience to make transactions at really low costs.
To send money, the country one wishes to transmit is selected, the amount is entered, and then the exchange rates and fees pop up. The service is fast, simple, safe and regulated by governments and authorities around the world. It is verified by Visa, Master Card, PCI security standard council and therefore payments can be made from a bank account, debit or credit card and collected via a mobile wallet, bank account or via local agents as real cash.
2. Price comparison websites PriceSpy, Idealo, Pricerunner
Price comparison websites have grown exponentially in the past decade as consumers have embraced the concept of buying products online and there’s no evidence to suggest their success will slow down. They offer a wide range of information on brands, offers, market deals and prices. These websites have made it easy to purchase products like insurance contracts, mobile phones, household appliances, apparel and more online.
3. Appear here
A platform that can be used to book a commercial space, such as a pop-up office or retail space, for a time of your choosing. Landlords list the properties they wish to rent out, and tenants explore through to find the best deal. It is the fastest way to get and rent a space, from retail space, venues, offices to much more. It offers services to those who wish to find space in London, Paris and New York.
4. Language tutor platforms Busuu
Busuu is a social network that offers subscribers the opportunity to become part of a global community of those who wish to learn new languages. Tutors in Spanish, French, English, Italian, German. Portuguese and Chinese, among others, are available. Language courses are offered at a premium price free without access to some features)
5. Data mining and analytics companies RealityMine & BoldMind
These companies use data science and analytics to gain insight into markets, customers, competitors, products, management strategies and much more. BoldMind and RealityMine are examples of companies offering modern real-time analytical solutions to companies. By combining the Internet, analytics and statistics through the Internet of Things, large datasets in repositories can be analyzed to generate useful insights.
6. Ratesetter
A platform that facilitates lending and borrowing by offering attractive rates to borrowers and investors. It’s more like a marketplace that helps borrowers locate lenders easily and vice versa. Personal loans can be taken at low prices and investors cash in that interest on their assets. It offers liquidity.
7. Business and Media Intelligence Companies; Signal Media
Signal media makes use of AI to come up with the best marketing and advertising strategies. By collecting data from internet users, relevant commercial messages can be matched to the person browsing the internet, online retail websites and more. Monitoring signals such as customer sentiments leads to better advertisement strategies.
8. Neighbourly
Everything we do together is an opportunity to get connected, and this social platform offers that opportunity by connecting local folks and projects to help them access funding and volunteers.
9. Secret Escapes
Travel experts help travellers secure accommodation places and discounted trips during their vacations. Bookings are made at favourable prices. Customized services are available for members only.
10. Farmdrop
Farmdrop is a door-to-door delivery service of organic food such as vegetables, meat, and fruits. Delivery is free and fast. The products are amazing, and farmers are well-paid. This is a company dedicated to getting people to eat healthily and stay productive.
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