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DirectID, an Edinburgh-based global fintech, announced that Ingka Investments, the investments arm of IKEA holding company Ingka Group, has made a €9 million (£7.9m) minority investment in the company. The firm specialises in credit risk, risk analytics and predictive modelling,

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Tech and analytics consulting firm Optima Partners has announced it’s on course to double its headcount to over 100 in the next 12 months. The Edinburgh-headquartered firm secured a £2.3 million investment from capital investor BGF, and appointed new non-executive directors, Karen Thomas

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The Wee House Group has appointed Richard Reid and Emma Robertson as (acting) chief executive officer and chief financial officer, respectively. Jennifer Higgins, current CEO of the group will take a step back at the end of this month when her maternity leave begins.

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