CPA Applauds Tech Start-Up Boost

11th January 2018.

The world is changing. Books are out, and digital content is everywhere. This is seen most in the business world, with the financial sector embracing new technologies with confidence. New businesses are bringing advancement, and showing proudly how technology can enhance business and productivity. As a business who needs to compete, The Credit Protection Association has had to adapt, and we have seen our business advance as a result.

New data has revealed that tech start-up businesses in the UK attracted about £3 billion in investment last year, almost double the amount raised in 2016 and more than four times the amount secured by start-ups in France and Germany.

London Mayor Sadiq Khan said the figures serve as “further proof [that] London is the undisputed tech capital of Europe,”.

Meanwhile, Hussein Kanji of the venture capital firm Hoxton Ventures has predicted US investors will become even more active in Britain after Brexit. “I don’t think the US funds care about Brexit, just about the quality of the individual companies. And we have the most high-quality companies in all of Europe,” he said.

Technology has brought CPA faster results, improved productivity, and happier customers. We now communicate with our Members via online chat, email and over the phone, we have a highly competent ‘Members area’ offering credit checks and company directories online, and we boast automated payment to reduce intimidation. Our Members have responded well to these amendments over the years and if we are going to compete with these tech start-ups we encourage all our Members to continue on the same path.

The Credit Protection Association is a credit management company established in 1914. If you supply goods or services on credit then we can help you!

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