Tagged: retail

June 17, 2020 @ 9:17 am By Samantha Hurst  |  

  Digital bank Revolut announced on Wednesday the launch of Open Banking for its more than one million retail and business customers in Ireland. According to Revolut, the new Open Banking feature allows retail customers in Ireland to connect their AIB, Permanent TSB, Ulster Bank,… Read More

June 12, 2020 @ 2:24 pm By Samantha Hurst  |  

  Thyngs, a UK-based mobile technology platform, announced on Friday it has launched its touch-free technology solution to help make integration and transaction experiences safer for retail and hospitality customers. This technology was created during the COVID-19 pandemic and lockdowns. “The latest iteration of the… Read More

January 14, 2020 @ 11:01 am By Samantha Hurst  |  

Payment processing platform Klarna has teamed up with Swedish multinational clothing-retail H&M to launch Pay Later options in the U.S. According to H&M, the payment solution in the U.S. enables a “frictionless” and flexible checkout for customers across all channels. Stefan Vos, CFO of H&M… Read More

December 5, 2018 @ 1:48 pm By Samantha Hurst  |  

Thread, a new spin on the retail experience that combines artificial intelligence with stylists, is set to close its equity crowdfunding campaign on Crowdcube later this evening with more than £2 million in funding thanks to over 3250 investors. The funding round was launched last month and… Read More

August 16, 2018 @ 9:17 am By Samantha Hurst  |  

Wyre, a U.S.-based money transfer service, announced this week it has entered into an account transfer agreement for the sale of its retail money transfer business to money transfer firm, WorldFirst. This news comes just after Wyre announced its API was being extended to dapps… Read More

August 3, 2018 @ 9:00 am By Samantha Hurst  |  

Square announced this week the launch of its Square Reader SDK, which is described as a complete toolkit that enables developers to reimagine the checkout experience for both sellers and buyers. The fintech firm reported that Square Reader SDK is a set of developer tools… Read More

June 5, 2018 @ 12:14 pm By Samantha Hurst  |  

Kony, Inc., an enterprise mobility and digital applications company, announced on Tuesday the launch of its new digital banking solution, Kony DBX. This launch of the solution comes just a little over six months after the expansion of Kony’s digital banking marketplace. According to Kony, the Kony DBX… Read More

March 13, 2018 @ 10:00 am By Samantha Hurst  |  

Pine Labs, an India-based digital payments platform, has secured $82 million through its latest investment round, which was led by Actis Capital, with participation from Altimeter Capital. Founded in 1998, Pine Labs stated it began its journey with specialty payment & loyalty solutions for closed-user group… Read More

February 26, 2018 @ 2:23 pm By JD Alois  |  

Nucleus Vision, a contactless identity management system and retail loyalty program, says it has reached its $40 million hard cap with the backing from several prominent blockchain-focused investment firms including Alphabit Digital Currency Fund, FBG Capital, Kenetic Capital, Turiya Ventures, and BlockAsset. The new capital will be used for… Read More

January 6, 2018 @ 2:06 pm By Samantha Hurst  |  

Rock and Roost, a UK-based online retailer, has launched an equity crowdfunding campaign on Crowdcube seeking £275,000. The platform revealed that it provides ‘make to order’ furniture and other homeware to UK customers, plus a SaaS solution to SMEs to drive supply chain efficiencies. It has… Read More

October 24, 2017 @ 4:04 pm By Matthew Cushen  |  

  Since 2011, the UK technology sector has seen £28 billion invested into it – a sum which means it is the largest tech investment in the European Union. France has received £11 billion in investment since 2011, while Germany has gained £9.3 billion. In… Read More

September 19, 2017 @ 11:56 am By Samantha Hurst  |  

On Tuesday, Indiegogo announced six of its funded projects are now available at retailer Brookstone’s stores and website. The companies formed a partnership less than two years ago. “You came to Indiegogo to find the latest and most innovative products before they go mainstream. But… Read More

July 28, 2016 @ 3:37 pm By Samantha Hurst  |  

Seedrs success and cloud platform, Poq, announced this week it has secured €3.6 million during a Series A funding round, which was led by Beringea with participation from seed investors Seedcamp and Venrex. The London-based  company, which raised £332,390 through the equity crowdfunding platform in 2014, is a commerce platform for retail apps… Read More

January 4, 2016 @ 11:18 am By Samantha Hurst  |  

Offering up its insight on e-commerce retail, OurCrowd announced theories on the industry and its current state. The platform shared: “E-commerce has become a market segment with a number of multi-billion dollar companies in just a few short years. With holiday season retail sales reports coming… Read More

December 16, 2015 @ 4:31 pm By JD Alois  |  

Stylect (from style and select), described as Tinder for Shoes, has easily jogged past its £750,000 minimum funding goal on AngelsDen. The campaign launched on November 30th with 90% of funds already pledged – indicative of a trend in equity crowdfunding where much of the… Read More

December 14, 2015 @ 11:42 am By JD Alois  |  

Founded by Nest veterans, b8ta has opened its first physical location to retail Internet of Things (IoT) products. Located on Bryant Street in downtown Palo Alto, b8ta has recognized a unique challenge for new IoT devices: consumers want to a better experience in purchasing IoT… Read More

November 6, 2015 @ 1:14 pm By Samantha Hurst  |  

Karrot, a mobile loyalty app that helps consumers reduce their mobile phone bills while shopping with retailers, has launched a Crowdcube campaign to raise £500,000. The Manchester-based company has set its sights on becoming the UK’s leading mobile loyalty scheme. The investment will be used… Read More

July 20, 2015 @ 9:55 am By Samantha Hurst  |  

Online pre-owned car retailer, Vroom, announced on Monday it has raised $54 million during a Series B funding round, bringing its total equity funding to date to $73 million. The investors in the round are Catterton (investors in major consumer retail brands such as Restoration Hardware and… Read More

March 4, 2015 @ 9:42 pm By JD Alois  |  

Menswear retailer The Idle Man quickly jumped out of the gate topping £500,000 in just two days of equity crowdfunding on Crowdcube.  The funding round benefited from a single private equity group that committed £449,990.  The balance was invested by 73 individual investors.  New investors… Read More

February 15, 2015 @ 8:37 pm By JD Alois  |  

Enclothed, a bespoke shopping service that just closed its equity crowdfunding round on Crowdcube, raised £800,000 from 378 investors following a popular pitch on Dragons Den. The company initially intended on raising £400,000 but investor demand propelled the offer into overfunding boosted by the visit… Read More