Fundz
Free weekly newsletter

Get the free weekly contract digest

The new new contracts, who’s behind them, and what they mean — delivered to your inbox every week. No credit card, unsubscribe anytime.

Weekly Digest

New new contracts, summarized for you

Straight to Inbox

No login, no app to check — it comes to you

Contract Trends

See who's moving and how much in your market

No credit card required Weekly contract digest

Post Office renews £40m contract for Horizon IT software

Feb 16, 2025over 1 year ago

Contract Type

contract

United KingdomFinancial Services

Description

The Post Office has paid £40m to extend its contract with Fujitsu to continue using the controversial Horizon IT software until at least March 2026. This renewal comes despite the prior controversy surrounding the software, which led to numerous subpostmasters and subpostmistresses facing wrongful prosecution for apparent financial shortfalls.

Company Information

Company

Dereham Post Office

Location

United Kingdom

About

Dereham Post Office serves the local community with essential postal services. It has been a crucial point of access for residents and businesses in the area. The office provides various services and is an integral part of the town's infrastructure. Staff consultations are currently ongoing regarding future operations.

Predictive Intelligence
Strategic

ML-powered predictions for Dereham Post Office's next move

Learn about Strategic plan

Agreement Insights

Based on industry data
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.