Tagged: london

March 4, 2020 @ 11:13 am By Omar Faridi  |  

Sopra Steria has finalized its acquisition of cxpartners, a customer experience design consultancy firm, in order to expand its lines of products and services in the United Kingdom while placing a high priority on providing the best digital solutions to its customers. The digital transformation-focused… Read More

March 3, 2020 @ 4:09 pm By Samantha Hurst  |  

Simple Health Kitchen, a UK-based restaurant with a mission to make London a healthier place, has successfully raised over £1 million in funding through its equity crowdfunding campaign on Crowdcube. The restaurant launched the funding round last month, originally seeking £750,000.  According to its founders,… Read More

March 1, 2020 @ 6:00 pm By Omar Faridi  |  

Adam Dodds, CEO and founder at Freetrade, a UK-based Fintech firm that offers a free-to-use investment app that makes it simpler to invest, confirmed on February 29 that the company had rebuilt its infrastructure for investing. Instant orders can be placed on Freetrade’s platform without… Read More

February 22, 2020 @ 9:48 am By Omar Faridi  |  

London-based Meniga, an established white-label digital banking solution provider, recently confirmed that it had managed to register as an Account Information Service Provider with the UK’s financial regulator, the Financial Conduct Authority (FCA). Meniga has considerable experience working in the Nordic region with non-traditional financial… Read More

February 17, 2020 @ 7:42 am By Omar Faridi  |  

The London Stock Exchange Group-backed Fintech firm Nivaura introduced its highly-anticipated product, Aurora, on February 14 to an audience of around 150 financial market professionals including Dealers, Issuers, IPAs, Exchanges, Rating Agencies and CSDs. Avtar Sehra, CEO and chief product architect at Nivaura, noted: “The… Read More

February 10, 2020 @ 1:45 am By Omar Faridi  |  

London-headquartered firm Laka has secured €4.2 million for the ongoing development of its bicycle insurance platform. The firm will be establishing its European headquarters in Amsterdam and will use the funds raised to further expand its operations across Europe. Laka’s latest investment round was led… Read More

January 8, 2020 @ 2:28 pm By Omar Faridi  |  

It’s been eight years since Accenture’s London-based Fintech Innovation Lab was launched. The innovation lab is now welcoming a new group of 20 Fintech companies, with reportedly a 50% increase in the number of women founders when compared to last year. The Lab has been… Read More

January 4, 2020 @ 9:21 am By Omar Faridi  |  

Augmentum Fintech PLC (LON:AUGM), an investment firm currently focused on the Fintech industry, recently revealed that it had invested £7.5 million (appr. $9.8 million) into UK-based online bookkeeping solution provider, Receipt Bank. Augmentum’s latest investment has come as part of Receipt Bank’s £55 million (appr…. Read More

December 20, 2019 @ 7:51 am By Omar Faridi  |  

ComplySci, a provider of regulatory technology (Regtech) for financial and professional services firms, revealed on December 17 that it’s moving to a new business office located in London’s Tech City. The company’s new office will be home to ComplySci’s growing London-based team, which is currently… Read More

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