Tagged: uk

Update: WiseAlpha’s Crowdfunding Round Nears 2.7 Million During the Final Days on Crowdcube.

UK online lending platform WiseAlpha is set to close its latest equity crowdfunding round on Crowdcube with nearly £2.6 million in funding. The round has attracted more than 1460 investors. As previously reported, WiseAlpha aims to give retail investors and corporates access to senior secured and high yield bond… Read More

AI-Powered Automatic Savings Account Chip’s Latest Funding Round Surpasses £3.4 Million During the Final Days on Crowdcube

Chip, an AI-powered automatic savings account mobile app, has successfully secured more than £3.4 million from over 5,580 investors in less than two weeks through its recent equity crowdfunding campaign on Crowdcube. The company previously raised nearly £1 million through its first Crowdcube round in 2017…. Read More

Overfunding: UK Handbag Brand Hill and Friends Secures £655,000 Funding Target through Seedrs Round

Hill and Friends, a UK-based handbag brand, has successfully secured its initial £655,000 funding target through its equity crowdfunding round on Seedrs. The round was launched earlier this fall and has attracted more than 235 investors. As previously reported, Hill and Friends is described as a contemporary luxury… Read More

US Based Quovo Becomes Registered Account Information Service Provider, Registered in Open Banking Directory

Data platform Quovo reports it has been granted registration in the Open Banking Directory. As a Registered Account Information Service Provider (RAISP), regulated by the UK Financial Conduct Authority (FCA), Quovo gains better access to the UK market and potentially continental Europe. The registration, which… Read More

Report: Revolut to Raise $500 Million then Launch in USA

Digital bank Revolut is revving up for a $500 million series D funding round, according to recent reports. This next capital injection follows the last round from earlier this year when Revolut raised $250 million at a valuation of $1.7 billion. The funding validated its… Read More

British Blockchain Association Distances Itself from New British Blockchain Industry Association

The British Blockchain Association (BBA) has issued a statement pertaining to a new industry group set up by former BBBA members. Announced yesterday in a release, the British Blockchain Industry Association (BBIA) said it was launching to create a “clear voice for the UK blockchain industry, it’s members,… Read More

Tandem Announces Opening of Community Beta Testing For Autosavings

UK challenger bank Tandem announced on Friday that it has invited their existing app users to join its Autosavings Beta testing community to help test its new Autosavings proposition. According to Tandem, users will be able to feedback suggestions for improvement, report bugs and discuss their… Read More

BBIA: New Blockchain Association Launched to Represent UK Industry

Announced today, the UK blockchain industry has a new representative organization. The British Blockchain Industry Association (BBIA) seeks to provide a “clear voice for the UK blockchain industry, it’s members, stakeholders and the public good.” The group issued a release with a statement that it… Read More

Monzo Forms Partnership With Financial Capability Lab to Help Users Save Money

UK challenger bank Monzo announced on Thursday it has formed a partnership with the Financial Capability Lab. According to the Monzo, the Financial Capability Lab was started in 2016 by the Money Advice Service, in partnership with the government’s Behavioural Insights Team. The startup also reported that… Read More

One Year Report: Shojin Property Partners Has Raised £3 Million for UK Property

Young property crowdfunding platform, Shojin Property Partners, has shared an update on their one year anniversary following the launch of their FCA regulated site in 2017. According to, Shojin the platform has raised over £3 million across five projects throughout the UK during the last… Read More

Digital Assets Lending Exchange Lendingblock Partners with Vo1t on Custody Solution

Lendingblock, a lending exchange for digital assets, has partnered with Vo1t to provide a cold storage capability for its institutional lending exchange. According to Lendingblock, Vo1t will provide 24/7 custody while simultaneously providing access to digital assets in under 30 minutes. Vo1t will support Lendingblock’s platform… Read More

A Shoe in Success: Undandy Becomes First Portuguese Crowdfunding Campaign on Crowdcube

To paraphrase Nancy Sinatra, these shoes were made for funding. Undandy, a custom-made shoes company, has paired with Crowdcube and has made quick steps toward a successful campaign. The first Portuguese startup to list on Crowdcube, Undandy aims to raise £1,000,000 for 8.77% equity offered. Pre-money valued… Read More

UK Property Investment Platform British Pearl Now Seeking £2 Million Through Seedrs Funding Round

British Pearl, a UK-based property crowdfunding platform offering both debt and equity investments, is now seeking £2 million through its equity crowdfunding campaign on Seedrs. The launch of the campaign comes less than six months after the funding portal secured 7 million through an investment round led… Read More

Monzo Forms New Partnership with PayPoint For Cash Payment Solution

UK-based challenger bank Monzo has teamed up with PayPoint to use its cash payments solution for its current account holders. According to the fintech, customers may now deposit up to £300 cash directly into their Monzo account in a single transaction at any of PayPoint’s 28,000 stores…. Read More

Singapore or London: Which One is the Top Fintech Hub?

A report published a few days backed, addressed the question of which country is tops when it comes to Fintech innovation. For some time now, Singapore and the UK have both aspired to sit on the Fintech throne each providing unique characteristics to their entrepreneurial… Read More

Innovate Finance and Singapore Fintech Association Seek Greater Collaboration Between the Two Fintech Hubs

UK based Innovate Finance and the Singapore Fintech Association have signed a memorandum of understanding (MOU) to “cement cooperation and greater collaboration between the UK and Singapore Fintech markets.” The agreement was announced during the annual Singapore Fintech Festival. As the UK government already partners… Read More

Small Business Lender iwoca Appoints Seema Desai as COO

Online lender iwoca has selected Seema Desai as their new Chief Operations Officer (COO). iwoca provides loans of up to £200,000 to small and micro businesses across the UK, Germany, and Poland via its website and through partner integrations using its proprietary Lending API. Desai joined iwoca… Read More

CrowdProperty Tops £25 Million in Property Lending

Peer to peer property lender, CrowdProperty, has just surpassed £25 million in funding for property projects. The announcement arrives soon after announcing the platform had topped £20 million in funding. In an email distributed to platform users, CrowdProperty stated: “Having today fully funded our 56th… Read More

Cashflow Management AI Company Fluidly Raises £5 Million in Series A

Fluidly, one of the 20 winners of the Nesta Challenge Prize on Open Banking in July 2017, has secured £5 million in Series A funding. The round was led by New York-based Nyca Partners with participation from existing investors Octopus Ventures, Anthemis and tech angels including Simon Murdoch… Read More

Now Trending on Crowdcube: Thread’s £1.5M+ Bespoke Shopping Update

Thread, a new retail experience that combines AI with stylists, has now secured over £1.5 million — overfunding by more than 312% — on its first Crowdcube equity crowdfunding campaign. 2.23% equity is being offered. The first £1 million raised on Crowdcube was accomplished quickly –£500,000 invested in… Read More

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