Tagged: uk

Monzo Pauses Plans to Join UK’s Cheque Image Clearing System

UK challenger bank Monzo announced on Friday it was putting its plans on hold to allow its users to pay in cheques with a picture. The startup reported that last year it announced its plans to join the Image Clearing System, but in January, it… Read More

Success: Grind’s Latest Crowdcube Round Now Nears £3 Million in Funding

UK coffee and cocktail shop, Grind, has returned to equity crowdfunding platform Crowdcube and has not only secured its initial £1,350,000, but is now nearing £3 million from more than 1360 investors. The latest funding round comes less than two years after the company raised… Read More

Update: GripIt Surpasses £1.1 Million in Funding During the Final Days on Crowdcube

Dragon Den alum GripIt is set to close its latest equity crowdfunding campaign on Crowdcube with more than £1.1 million thanks to over 600 investors. The funding round, which comes less than two years after the company raised more than £2 million through its second… Read More

Overfunding: dozens Quickly Secures £3.5 Million Funding Target on Seedrs

dozens, a “new banking and wealth management alternative,” has successfully secured its initial £3.5 million equity crowdfunding target on Seedrs. The funding round has attracted more than 1660 investors so far. As previously reported, dozens describes itself as a new home for money, one that… Read More

dozens Now Seeking £3.5 Million Through New Seedrs Funding Round

dozens, a “new banking and wealth management alternative,” is now seeking £3.5 million through its new equity crowdfunding campaign on Seedrs. Founded in 2018, dozens describes itself as a new home for money, one that constantly helps users save and earn higher interest. It brings… Read More

P2P Property Lender The House Crowd Surpasses £100 Million in Lending

Peer to peer lending platform The House Crowd has surpassed £100 million of invested capital through its platform. The House Crowd said the past year has been pivotal for the platform as the UK property market slowed. The Manchester-based online property lender reported several new… Read More

Say Hello to UK Challenger Bank Tandem’s New Savings Account Feature, Autosavings

UK Challenger bank Tandem Bank just added a new savings account feature powered by Autosavings. The new account pays 0.5% interest and helps anyone save little, while giving customers the flexibility to save how they want, when they want, rounding up purchases to the nearest pound… Read More

Wirex Launches Crypto-Friendly Business Account

Wirex, a hybrid personal finance platform that merges blockchain tech and traditional finance, announced last week the launch of its new cryptocurrency-friendly business account. This news comes just a little over six months after Wirex received its e-money license from the UK Financial Conduct Authority… Read More

UK Parliamentary Group Names PUBLIQ’s Blockchain Platform as Finalist

PUBLIQ has been selected by the All Party Parliamentary Group on Blockchain (APPG Blockchain) for its 2019 showcase of companies solving real-world problems with fully functioning blockchain tech. PUBLIQ is a “non-profit founded to rebuild trust in media.” Among the ten company finalists, PUBLIQ was… Read More

Starling Bank Introduces 3D Secure Feature

Just days after announcing plans to create 150 jobs in its new Southampton office, UK-based digital banking platform Starling Bank announced its new 3D Secure feature. According to the banking group, 3D Secure is a tool for online transactions that require the account holder to… Read More

CapitalRise Update: Delivers Double Redemption at Average Return of 20.6% For Investors

Following the launch of its equity crowdfunding campaign on Seedrs, online property crowdfunding platform CapitalRise announced on Wednesday its latest two redeemed loans that have concluded within schedule and on target, delivering a total return of  20.6% on average for investors against prime properties located… Read More

Following Series B Funding Round, UK Fintech Rapyd Launches Hyper-Local Payments Solution For Global Commerce

Just a little over a month after securing $40 million through its Series B funding round, which was led by General Catalyst and Stripe, UK-based fintech Rapyd announced on Tuesday the launch of its hyper-local payments solution that allows merchants to accept local payment types… Read More

P2P Lender CrowdProperty Easily Crowdfunds on Seedrs, Easily Tops Minimum Goal

Peer-to-peer property lender CrowdProperty has launched an equity crowdfunding offer on Seedrs. The campaign has quickly topped the minimum target of £600,000 for a 3.68% equity stake in the platform. CrowdProperty has a pre-money valuation of £15.7 million. In 2017, CrowdProperty listed a pre-Series A… Read More

Contractor Platform iContract Returns to Seedrs

Less than a year after securing £800,000 through its previous Seedrs funding round, contractor platform iContract has returned to the equity crowdfunding platform, now seeking a minimum of £150,000. As previously reported, iContract was launched in August 2017 to connect contractors and recruiters for job… Read More

Property Investment Platform Propio Now Seeking £300,000 Through Crowdcube Round

Propio, a UK-based property investment platform, has recently launched an equity crowdfunding campaign on Crowdcube to raise £300,000. Founded in 2016, and launched in 2017, Propio describes itself as a the home of the Property ISA.  Its platform notably combines decades of property expertise with… Read More

Starling Bank Expansion: Digital Bank Announces Creation of 150 Jobs in New Southampton Office

Just weeks after securing a £100 million grant from the Capability and Innovation Fund (CIF), UK-based banking platform Starling Bank announced it is set to create 150 jobs in its new Southampton office. According to Starling Bank, the office will be open by the summer… Read More

Barclaycard Announces Partnership With Alipay

Barclaycard, which processes nearly half of the UK’s credit and debit card transactions, announced on Thursday it has formed a new partnership with Alipay, a global payment and lifestyle platform, to allow retailers to accept Alipay transactions in stores across the UK. Barclaycard reported that… Read More

Seedrs AutoInvest BOT Moves Out of Beta

Seedrs, a leading UK based online investment platform, has announced that its AutoInvest product is now availalbe. The feature launched in Beta mode in mid-2018 and enables investors to fully customize their individual criteria and “Build Your Own Bot” to efficiently create investment portfolios of… Read More

Overfunding: Dragon Den Alum GripIt Surpasses £1 Million Funding Target on Crowdcube

Dragon Den alum GripIt has successfully secured its initial £1 million funding target through its latest equity crowdfunding campaign on Crowdcube. The funding round was launched last month and has attracted more than 500 investors. As previously reported, GripIt describes itself as the World’s Ultimate… Read More

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