CONTRACTS & DEALS: 22-26 FEBRUARY 2021

This week’s new contracts & deals include: Orka Technology Group, The Curve Group

• Worker tech start-up Orka Technology Group has raised £29m in its latest funding round and will use the capital to fuel the rapid growth of its earned wage access product Orka Pay. The fundraise was a mixture of debt financing from Sonovate and equity funding involving the British Business Bank Future Fund and existing investors, including former UK CEO of Adecco Peter Searle.

The Manchester-based start-up will also use the funding to double its headcount to 50 this year and invest in its full portfolio of tech solutions for shift workers, which also includes the company’s flagship product, labour-as-a-service platform Orka Works. Orka Works (formerly Broadstone) allows workers to quickly and easily find fair and flexible temporary employment with large organisations working in traditional, regulated industries such as security, cleaning and logistics.

• Recruitment and HR outsourcing and consultancy provider The Curve Group has announced it will be continuing its partnership with Propel, a finance provider to SMEs, providing recruitment and HR services to them for a further three years.

APPOINTMENTS: 7-11 JUNE 2021

This week’s appointments include: Acorn Rail, New Directions Education, Oyster Partnership, Resource Solutions

People 8 June 2021

FINANCIALS: Staffline posts strong Q1 profits

Recruitment and training group Staffline has reported today that its underlying operating profit increased 133% year-on-year in the first quarter of 2021, with a group restructuring last year generating a £15m savings in overhead costs.

Financials 27 April 2021

Addison Lee drivers are workers says Court of Appeal

In the latest victory for gig economy workers, the Court of Appeal has dismissed an appeal by hired driving company Addison Lee.

Legislation 23 April 2021

Gi Group opens Birmingham branch to help Midlands expansion

Specialist recruiter Gi Group UK has opened a flagship branch in Birmingham to spearhead its Midlands operations as it continues to expand its presence, the company has announced.

New to Market 19 April 2021
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