Tagged: london

December 10, 2019 @ 7:48 am By Omar Faridi  |  

Transferwise, a leading cross-border money transfer service, has recently revealed that it has integrated its payments system with the Facebook Messenger. The integration will allow users to perform foreign exchange transactions over the widely-used chat service. While not a huge announcement it is more indicative… Read More

December 3, 2019 @ 7:36 am By Omar Faridi  |  

UK-headquartered Hastee, an on-demand wages app, revealed on December 2 that it finalized  a $270 million round consisting of equity and debt financing. Umbra Capital, a newly launched modern merchant bank that makes investments in the UK’s SMEs, led the equity portion of the investment… Read More

November 18, 2019 @ 8:38 am By Omar Faridi  |  

According to a new report, US-based venture capital firms have been increasingly investing in London-headquartered companies this year. New data shows that UK-based Fintech firms continue to attract a large number of investors. US investors have reportedly contributed around in $4.4 billion (appr. £3.4 billion)… Read More

November 7, 2019 @ 6:38 am By Omar Faridi  |  

London-based Thought Machine, a Fintech firm that aims to address the banking sector’s dependence on legacy IT infrastructure, revealed on November 6 that it’s launching “Vault Rare.”  Vault Rare is a new product that will be integrated on top of Thought Machine’s cloud-native banking platform,… Read More

November 5, 2019 @ 9:48 pm By Omar Faridi  |  

London-based Freetrade, a challenger stockbroker that provides free share trading in smartphones, recently closed a €13.4 million (appr. $14.9 million) series A funding round in which it received investments from its first capital investor. This past summer, Freetrade closed a crowdfunding round on Crowdcube raising… Read More

November 5, 2019 @ 7:05 am By Omar Faridi  |  

London-based Curve, an “over the top” banking service that consolidates all bank-issued cards into a single smart card and app, has integrated Samsung Pay for UK-based clients, according to a company release. Adding support for the new payment system makes it easier for Samsung smartphone… Read More

October 29, 2019 @ 10:54 pm By Omar Faridi  |  

Tokyo-based Softbank, a multinational conglomerate holding company that provides fixed-line, mobile telephony, internet, telecommunications, and digital television products, is planning to invest $655 million into Greensill, a UK-headquartered supply chain finance company. Softbank has been a prominent investor in the Fintech sector having taken positions… Read More

September 23, 2019 @ 8:50 am By Omar Faridi  |  

London-based digital bank Starling Bank has introduced a new online banking app that allows its business clients to manage their funds more efficiently, according to a release. In addition to providing a mobile banking application, Sterling Bank offers a debit card that allows users to… Read More

August 16, 2019 @ 8:05 am By Samantha Hurst  |  

Stagedoor, a London-based theatre app startup, has successfully secured its initial £175,000 funding target on the equity crowdfunding platform, Seedrs. The company previously raised over 350,000 through its 2018 crowdfunding campaign on Seedrs and is offering 20% in offered discount. As previously reported, Stagedoor helps… Read More

May 2, 2019 @ 8:54 am By Samantha Hurst  |  

Ganapati Group company, GanaEight Coin Ltd (G8C) announced earlier this week it hosted a blockchain event at the House of Commons in London’s Houses of Parliament. According to G8C, the event followed the Blockchain Expo Global event at London’s Olympia Grand on the Thursday and… Read More

April 28, 2019 @ 9:25 pm By Samantha Hurst  |  

Less than a year after securing £763,043 through its previous Seedrs round, real estate source platform, Infabode, has returned to the equity crowdfunding platform and has already surpassed its initial £100,000 funding target. As previously reported, Infabode reported that it connects its community of users… Read More

April 11, 2019 @ 4:29 am By Erin Hobey  |  

As many Crowdfund Insiders know, beer campaigns have raised incredible amounts of funding over the years — who can forget BrewDog, Garage Beer, Sly Fox, BeerBods, The Bottle Shop? On Crowdcube alone, Chadlington Brewery, Crowns and Hops Brewing Co, Redwell Brewery and Crate Brewery are currently raising… Read More

March 5, 2019 @ 8:17 am By Samantha Hurst  |  

Securitize, a platform that facilitates security token offerings, announced last week it has opened new offices in NYC and London, as well as expanded its services into Asia. As previously reported, Securitize describes itself as a compliance platform and protocol for issuing and managing digital… Read More

February 1, 2019 @ 8:29 am By Samantha Hurst  |  

Barclays announced on Friday it has welcomed the ten companies that will join the 2019 London Barclays Accelerator, powered by Techstars class, which is the sixth London programme to date. The Barclays Accelerator reportedly provides successful applicants with a Financial Technology (FinTech) focused, 13-week programme. Each of the… Read More

January 21, 2019 @ 12:05 pm By Samantha Hurst  |  

UK-based bicycle retailer Velorution has successfully secured more than £500,000 through its latest equity crowdfunding campaign on Seedrs. The round, which was launched last month and originally seeking £400,000, comes just two years after Velorution raised £625,744 through its first Seedrs initiative. As previously reported, Velorution describes itself as one… Read More

January 8, 2019 @ 7:50 am By Erin Hobey  |  

It’s time to eat somewhere… and Seedrs has some live campaigns that will make readers stomach’s growl with hunger! Take Dandy and Seedrs’ alum Eat Square pies… In 2017, after crowdfunding £40,000 on its first Seedrs raise, Eat Square’s reportedly turnover has more than doubled in 2018…. Read More

December 21, 2018 @ 3:00 pm By Samantha Hurst  |  

Just two years after securing £625,744 through its first equity crowdfunding campaign on Seedrs, UK-based bicycle retailer Velorution has returned to the funding portal to raise an additional £400,000. As previously reported, Velorution describes itself as one of London’s leading premium urban cycling retailers. It is looking to… Read More

October 18, 2018 @ 4:19 pm By Samantha Hurst  |  

BBVA announced on Thursday it has formed a partnership with fintech venture investor and builder Anthemis Group (Anthemis) to build a venture creation studio in London. According to BBVA, this new studio will create value by deploying capital and resources to building businesses that address untapped user… Read More

September 28, 2018 @ 10:41 am By Samantha Hurst  |  

Swedish fintech iZettle announced this week it has partnered with the British Fashion Council to bring contactless payments to the London Fashion Week festival. All designer stands were reportedly equipped with iZettle readers, which allows customers to tap and pay for items using contactless and… Read More

August 8, 2018 @ 8:21 am By Samantha Hurst  |  

Less than six months after securing £679,085 through its equity crowdfunding campaign on Seedrs, London-based peer-to-peer lender and invoice finance provider Investly announced it has opened its platform to help partners such as banks, working capital providers, e-invoicing platforms and retail/wholesale marketplaces serve their business customers the financing they need. As… Read More