Tagged: nutmeg

Update: Nutmeg Surpasses £4 Million Days After Crowdcube Debut

Less than a week after launching its equity crowdfunding campaign on Crowdcube, UK fintech Nutmeg has successfully secured more than £4 million from nearly 2,000 investors. The funding round originally sought to raise £1 million, with Nutmeg offering 1.59% equity at a £251 million pre-money… Read More

UK Fintech Nutmeg Launches Crowdcube Round & Quickly Secures More Than £2.5 Million in Funding

UK-based fintech firm Nutmeg has launched an equity crowdfunding campaign on Crowdcube. The funding round quickly secured its £1 million funding target and has now nearing £2.6 million from over 1000 investors. Nutmeg claims to be the UK’s first online “discretionary investment management company.” The… Read More

Nutmeg Announces Summer 2019 Crowdfunding Round Plans

UK-based fintech firm Nutmeg announced on Wednesday it is planning to launch a crowdfunding round this upcoming summer through equity crowdfunding platform, Crowdcube. This news comes just a couple of months after the company secured £45 million through its latest funding round, which was led… Read More

Nutmeg Secures £45 Million Through Latest Investment Round Led By Goldman Sachs & Convoy

UK-based fintech firm Nutmeg announced on Tuesday it secured £45 million through its latest funding round, which was led by Goldman Sachs and Convoy, which is an existing investor of the company. As previously reported, Nutmeg is described as the UK’s first online “discretionary investment management company.”… Read More

Seedrs is an Iceberg Business. The Behind the Scenes Operation is Hugely Important

Seedrs is one of the largest equity crowdfunding platforms in the UK and thus the world. It is the first regulated crowdfunding platform in the UK but trailed Crowdcube by a few months in its official launch. While starting as a small, early stage funding… Read More

Seedrs & Nutmeg Partner with Fidor Bank on Fintech Marketplace

Seedrs has announced that it will be the sole equity finance provider in a new partnership with Fidor Bank, a challenger bank that launched in the UK back in 2015. Nutmeg, an online wealth manager, will also be joining Seedrs on Fidor’s new marketplace. The two platforms… Read More

The Inescapable Fintech Revolution

Big consultancies, such as PwC, Cap Gemini, KPMG, Deloitte and Accenture, research and analyze fintech developments to support the digital transformation of their banking customers. They promote this work through well-crafted free reports and white papers. The latest of such reports was published by Julian… Read More

Half of UK’s Financial Service Staff is Now Under the Women in Finance Charter

An additional 33 companies have registered for the UK’s Women in Finance Charter, the ground-breaking piece of legislature aimed to conquer gender inequality. This announcement arrives on the very first anniversary of the charter, which now includes 122 firms, over half a million people in… Read More

Nutmeg Raises More Money. Closes on Additional £12 Million after Last Months £30 Million Raise

Fintech firm Nutmeg is raising money fast. Last month (November), Nutmeg announced it had closed on £30 million Series C led by Convoy Global Holdings in Hong Kong. This week Nutmeg has revealed an additional cash injection of £12 million – this time Taipei Fubon Bank… Read More

UK Fintech Firm Nutmeg Secures £30M During Series C Funding Round Led By Hong Kong’s Convoy Global Holdings

On Monday, UK-based fintech firm Nutmeg announced it secured 30 million during a Series C funding, which was led by Hong Kong independent finance advisers firm, Convoy Global Holdings. Other participants included existing investors such as Schroders, Balderton Capital, Pentech Ventures, Armada Investment Group, and… Read More

Fintech Startups and The Future of Banking

Will fintech startups cause the demise of banks or come to their rescue? This was one of the topics debated at The “Future of Banking” event held by The Economist in Paris on March 10th 2016. The Future of Banking was aptly subtitled “Survival of… Read More

Silicon Valley vs London? No Competition, London Fintech Dominates, Says UK Treasury Fintech Envoy Eileen Burbidge

Silicon Valley can’t compete with London in terms of Fintech, says UK Treasury special Fintech envoy Eileen Burbidge: “Wall Street Talent doesn’t come to Silicon Valley.” UK Treasury special Fintech envoy and partner at tech VC Passion Capital, Eileen Burbidge took the stage at Fintech Week and discussed… Read More

Revolut Raises £1.5m through Balderton Capital for its Alternative Foreign Exchange Service

Fintech company Revolut has raised £1.5m in a funding round led by leading tech VC house Balderton Capital, reported TechWorld’s Sam Shead. Funding will be used to launch the business’ money transfer app on iOS and Android. Revolut’s technology allows people to transfer money through a… Read More

Innovate Finance Honors Women in Finance as it Holds Inaugural Event in London

Innovate Finance, a new organization that represents the fast growing FinTech sector in the United Kingdom, is holding its inaugural conference today in London.  The summit will discuss the impact of new innovative FinTech firms on the traditional financial industry.  Innovate Finance is expected to… Read More

Australian Financial Tech Firm Launches Equity Crowdfunding Campaign For Financial Advisory Platform

Australia-based company, Rimbal Ltd., has launched an equity crowdfunding campaign on Seedrs to raise £60,000 to fund technology and business growth. According to its campaign page, Rimbal is an online financial advisory platform that automates investment advice and allocation for retail clients. It is scheduled to… Read More

UK Crowdfunding Leaders Chime in Support for Haldane

Following the comments by Bank of England Director Andrew Haldane which challenged the hegemony of the traditional banking industry in the UK several Crowdfunding leaders voiced their support in CityAM for his comments; “pretty strong evidence that we are becoming a major threat”, and that “our… Read More

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