Tagged: uk

Sovren Seeks to Become First UK Regulated Digital Asset Exchange, Plans Initial Coin Offering

UK based Sovren says it will launch the first digital asset exchange to be regulated by the Financial Conduct Authority (FCA) and accessible to institutional investors. The creation of two ex-bankers, Sovren has also announced an Initial Coin Offering (ICO) planned for Q3 this year…. Read More

Rise Art Returns to Equity Crowdfunding Crowdcube: Now Seeking £650,000 in Funding

Just a little over two years after securing £520,000 in funding through its first equity crowdfunding campaign on Crowdcube, online gallery marketplace Rise Art has returned to the funding portal, seeking a minimum of £650,000. Founded in 2011, Rise Art is on a mission to revolutionize… Read More

UK Fintech Scale Up Shieldpay Crosses Atlantic to Provide Services in the US

UK based Shieldpay has expanded into the US by providing services to car classified site, AutoClassics.com. The Fintech scale up enables sites to become fully transactional marketplaces and offers an instant digital escrow payment solution.  Shieldpay can also accelerate multi-million-pound M&A deals and real estate transactions,… Read More

Goldex Launches Peer-to-Peer Gold Trading Platform in London

Goldex, UK-based trading technology platform that allows users to invest in physical gold, announced on Monday it has launched in London. According to Goldex, retail customers may now have the chance to easily invest in physical gold at the best prices and use it as… Read More

UK Fintech Inflo Announces Key Appointments to Fuel Growth

Inflo, a UK-based fintech firm, announced on Monday it has appointed Kathryn Woolgar and Kim Oliverto its senior management team as part of its growth plans. Founded in 2016, Inflo stated it helps accountants provide more valuable services to their clients and it specializes in… Read More

What Brexit? Beauhurst Report Says Record Year for Foreign Investment into UK Firms, Fintech Helps to Fuel Growth

UK research firm Beauhurst published a report recently that highlighted foreign investment into high growth UK firms. According to their numbers, foreign investment is booming in the UK – in spite of Brexit induced jitters. The report states that during 2017 foreign investment hit £6… Read More

Update: eMoov Surpasses £1.5 Million in Funding Through Latest Crowdcube Round

Just a couple weeks after launching its latest equity crowdfunding campaign on Crowdcube, online real estate agency eMoov has successfully raised £1.5 million from nearly 700 investors. The funding round launched earlier this month and surpassed its initial £1 million funding target in less than… Read More

Update: Hart Group Set to Close Crowdcube Round With Nearly £2.5 Million in Funding

Harts Group Ltd, the parent company of Barrafina and Quo Vadis restaurants, is set to close its equity crowdfunding campaign on Crowdcube with nearly £2.5 million in funding. The round, which was originally seeking £750,000, has attracted more than 940 investors. As previously reported, Harts Group is… Read More

UK’s Metro Bank Launches Developer Portal That Opens Bank Platform to FCA-Registered Third Parties Seeking to Build Services on top of APIs

British banking group, Metro Bank, announced on Friday the launch its new developer portal, which opens up the bank’s platform to FCA-registered third parties that are wishing to build services on top of its APIs. According to Metro, the self-service portal was built in collaboration… Read More

Antipodean Group Daisy Green Collection Secures More Than 1.2 Million Just Days After Crowdcube Campaign Debut

Daisy Green Collection, an Antipodean group that has nine central London locations that serve artisan coffee, Aussie brunch, craft beers, and cocktails, has successfully secured 1.2 million from nearly 300 investors through its equity crowdfunding campaign during the first week on Crowdcube. The funding round… Read More

Monzo Announces Joint Accounts in Monzo Labs

UK challenger bank Monzo announced on Friday the launch of its joint accounts in Monzo Labs. The banking startup reportedly tested the accounts with a few staff members before asking a small group of users on Android and iOS. Monzo recently added another group of… Read More

UK Peer to Peer Lender Lending Works Raises £2.8 Million in New Funding Round

Lending Works has received £2.8 million in funding in a round led by Maven Capital Partners, with £800,000 of backing from Pollen Street Capital and NVM Private Equity. The UK peer to peer lender said proceeds will be used to fuel growth including loan customer acquisition… Read More

UK Fintech Glint Now Seeking £15 Million Through Series A Financing Round to Expand into the U.S. & Japan By the End of 2018

UK fintech Glint announced on Thursday it is now seeking £15 million through its Series A financing round to expand into the U.S. and Japan by the end of this year. This news comes nearly eight months after the company launched its mobile app, which allows… Read More

Without Papers? Yes! LendInvest Partners with Onfido to Confirm Identity Online

Who are you? LendInvest, a UK marketplace platform for mortgages, and Onfido, an identity verification provider, have partnered to streamline LendInvest’s digital application process for its Buy-to-Let (BTL) product to determine identity. In November 2017, LendInvest launched its first BTL product with a digital application process; the… Read More

UK’s Department for International Trade Schedules Fintech Mission to Mexico & Japan

Once again, the UK Department for International Trade (DIT) is booking trips abroad to promote and interact with financial innovation types around the world. DIT has scheduled two trips for this Fall. First, DIT has scheduled their second UK Fintech Mission to Mexico City from 11-14… Read More

Report Says UK SMEs Plan to Boost European Sales in Spite of Brexit

As turmoil swirls within the UK government regarding Brexit approach and Brussels ponders its next step, at least one report has a positive spin on the UK economy. OFX, a payments platform, has shared data that claims UK SMEs are pretty positive in the face… Read More

Money Management Chatbot Plum Now Supporting Challenger Banks Monzo & Starling Bank

Money management chatbot Plum is now supporting challenger banks Monzo and Starling Bank. Plum states that it already supports most major UK banks and currently has around 130,000 users – collected since launch in 2017. Plum states that is has so far saved £24 million… Read More

London School of Economics Now Offering Online Course on Digital Currencies “Cryptocurrency Investment and Disruption”

British research university, the London School of Economics, is now offering an online course on digital currencies called “Cryptocurrency Investment and Disruption.” According to its description, students will learn the practical skills to interact with cryptocurrency exchanges as well as how to use wallets and evaluate… Read More

Overfunding: Edtech Platform Zzish Quickly Secures £300,000 Funding Target Through Second Crowdcube Round

Just one year after raising more than £1.3 million through its first equity crowdfunding campaign on Crowdcube, edtech startup Zzish has returned to the funding portal and quickly secured its initial £300,000 funding target thanks to more than 75 investors. Zzish aims to give every… Read More

On the CapitalRise: Online Property Finance Marketplace Doubles Investor Base & Closes Largest Deal to Date

Launched in the UK 19 months ago, online property finance marketplace CapitalRise seeks to enable individual and corporate investors to provide finance for Prime Central London property developers with a minimum investment of just £1,000, earning returns of 8-12% per annum through its Innovative Finance ISA…. Read More