July 16, 2018 @ 10:32 am By Samantha Hurst  |  

PPRO Group, a UK-based cross-border e-payment specialist, announced on Monday it secured $50 million through its latest investment round, which was led by PayPal with participation from Citi Ventures and return investor HPE Growth Capital. Founded in 2006, PPRO, which is an FCA authorized e-money institution, enables businesses to accept… Read More

July 16, 2018 @ 9:59 am By Samantha Hurst  |  

Securrency, a regtech firm that has created platform designed to streamline regulatory compliance for token offerings, announced on Friday it has formed a strategic partnership with SharesPost, a provider of private company liquidity solutions and private capital markets research, to help drive tokenized securities trading to the… Read More

July 16, 2018 @ 9:04 am By Samantha Hurst  |  

Goldex, UK-based trading technology platform that allows users to invest in physical gold, announced on Monday it has launched in London. According to Goldex, retail customers may now have the chance to easily invest in physical gold at the best prices and use it as… Read More

July 16, 2018 @ 8:41 am By Samantha Hurst  |  

Inflo, a UK-based fintech firm, announced on Monday it has appointed Kathryn Woolgar and Kim Oliverto its senior management team as part of its growth plans. Founded in 2016, Inflo stated it helps accountants provide more valuable services to their clients and it specializes in… Read More

July 14, 2018 @ 2:41 pm By Samantha Hurst  |  

Asian fintech innovation hub, Stone & Chalk, announced this week it is uniting fintech across the eastern seaboard with the launch of a new national capability, known as a mega hub, across its new home at the Goods Shed North in the heart of Melbourne’s… Read More

July 14, 2018 @ 2:20 pm By Samantha Hurst  |  

Just a couple weeks after launching its latest equity crowdfunding campaign on Crowdcube, online real estate agency eMoov has successfully raised £1.5 million from nearly 700 investors. The funding round launched earlier this month and surpassed its initial £1 million funding target in less than… Read More

July 13, 2018 @ 7:48 pm By Samantha Hurst  |  

Russian banking group Sberbank announced on Friday it has teamed up with Tinkoff Bank to launch joint peer-to-peer (p2p) payment transfer service that uses mobile phone numbers. According to Sberbank, the new service allows bank card users to transfer money from card to card immediately by using their… Read More

July 13, 2018 @ 7:42 pm By Samantha Hurst  |  

Harts Group Ltd, the parent company of Barrafina and Quo Vadis restaurants, is set to close its equity crowdfunding campaign on Crowdcube with nearly £2.5 million in funding. The round, which was originally seeking £750,000, has attracted more than 940 investors. As previously reported, Harts Group is… Read More

July 13, 2018 @ 3:00 pm By Samantha Hurst  |  

Following a security breach that caused roughly $23.5 million worth of cryptocurrency to be stolen, Bancor announced its decentralized liquidity network was back online. As previously reported, a wallet used to upgrade some smart contacts was compromised. Bancor reported that the compromised wallet was then… Read More

July 13, 2018 @ 1:00 pm By Samantha Hurst  |  

Cinnober, a global independent provider of exchange technology, announced this week it has partnered with cryptocurrency security firm  BitGo to provide solutions to cryptocurrency exchanges. Cinnober reported BitGo’s wallet solution will expand its trading and post-trade platform to provide an end-to-end secure, institutional-grade digital asset exchange… Read More

July 13, 2018 @ 10:31 am By Samantha Hurst  |  

British banking group, Metro Bank, announced on Friday the launch its new developer portal, which opens up the bank’s platform to FCA-registered third parties that are wishing to build services on top of its APIs. According to Metro, the self-service portal was built in collaboration… Read More

July 13, 2018 @ 9:50 am By Samantha Hurst  |  

Paidy, Inc., a Japan-based post-pay credit account company, announced on Thursday it secured $55 million through its Series C funding round, which was led by ITOCHU Corporation with participation from Goldman Sachs. The company reported combined with its two previous Series A and B rounds,… Read More

July 13, 2018 @ 9:35 am By Samantha Hurst  |  

Daisy Green Collection, an Antipodean group that has nine central London locations that serve artisan coffee, Aussie brunch, craft beers, and cocktails, has successfully secured £1.2 million from nearly 300 investors through its equity crowdfunding campaign during the first week on Crowdcube. The funding round… Read More

July 13, 2018 @ 9:13 am By Samantha Hurst  |  

UK challenger bank Monzo announced on Friday the launch of its joint accounts in Monzo Labs. The banking startup reportedly tested the accounts with a few staff members before asking a small group of users on Android and iOS. Monzo recently added another group of… Read More

July 12, 2018 @ 9:22 pm By Samantha Hurst  |  

Just a few months after securing $20 million through its sold-out initial coin offering (ICO), FCA authorized payment institution Bank Account Based Blockchain (BABB) is now seeking £1.5 million through its equity crowdfunding campaign on Crowdcube. As previously reported, BABB stated it is currently developing… Read More

July 12, 2018 @ 4:00 pm By Samantha Hurst  |  

Banking giant Citi announced on Thursday its Treasury and Trade Solutions has entered into a strategic partnership with HighRadius, a software company specializing in cloud-based integrated receivables, to launch Citi Smart Match. The new partnership follows a strategic investment made by Citi Ventures in HighRadius earlier… Read More

July 12, 2018 @ 2:00 pm By Samantha Hurst  |  

Less than a year after raising £217,800 through its first Crowdcube funding round, UK-based premiere alcohol tea blend company Noveltea has returned to the equity crowdfunding platform, seeking a minimum of £150,000.  NovelTea, which was launched in April 2017 by co-founders Vincent Efferoth and Lukas Passia,… Read More

July 12, 2018 @ 12:00 pm By Samantha Hurst  |  

FinTech Hive at DIFC, a fintech accelerator that was established by the Dubai International Financial Centre (DIFC), announced on Wednesday that more than 300 applications were submitted for the program’s 2018 edition. The accelerator began accepting application in May. As previously reported, FinTech Hive was… Read More

July 12, 2018 @ 9:13 am By Samantha Hurst  |  

UK fintech Glint announced on Thursday it is now seeking £15 million through its Series A financing round to expand into the U.S. and Japan by the end of this year. This news comes nearly eight months after the company launched its mobile app, which allows… Read More

July 12, 2018 @ 8:55 am By Samantha Hurst  |  

Emma Technologies announced this week it raised £420,000 through its latest investment round, which was led by Kima Ventures, one of the first investors in Transferwise, and Aglaè Ventures, the early stage fund of the Groupe Arnault, investor in Netflix and Airbnb. As previously reported, Emma has created a… Read More