2 SME NEWS / June 2017 Editor’s Note , Welcome to the second edition of SME News Magazine, which takes a look at the latest news, announcements about enterprises from across the UK. In this edition, we learn how Cloud X Partners (CXO) is not a force to be reckoned with in cloud computing for both small and medium-sized businesses (SMBs). In recent news, on the 28th June gnTel, a rapidly growing cloud-based telecom service provider to small and medium sized businesses in the Netherlands, selected Oracle Communications technology to better scale their operations. Elsewhere in this edition, we discover how a banking app has raised a staggering $14m in one of the largest Series A investment rounds closed by a fintech company this year. I truly hope you thoroughly enjoy reading this informative edition. Jessica Daykin, Editor Phone: +44 (0) 203 725 6842 Email: j.dayki [email protected] Website: www.sme-news.com AI Global Media, Ltd. (AI) takes reasonable measures to ensure the quality of the information on this web site. However, AI will not assume any legal liability or responsibility for the accuracy, correctness or completeness of any information that is available through this web site. If errors are brought to our attention, we will try to correct them. The information available through the website and our partner publications is for your general information and use and is not intended to address any particular finance or investment requirements. In particular, the information does not constitute any form of advice or recommendation by us or any of our partner publications and is not intended to be relied upon by users in making or refraining from making any investment or financial decisions. Appropriate independent advice should be obtained before making any such decision. Any arrangement made between you and any third party named in the site is at your sole risk and responsibility.