Tagged: uk

European Sharing Network Together Price Raises Nearly €540,000 Through Equity Crowdfunding Round on Crowdcube

Together Price, a European sharing network, is set to close its equity crowdfunding campaign on Crowdcube with nearly €540,000 raised. The funding round launched last month originally seeking €200,000 and has so far attracted 2355 Crowdcube investors. Founded in 2017, Together Price describes itself as a digital identity… Read More

Property Finance Platform LendInvest Confirms that Supporting Limited Company Buy-to-Let Clients is one of their “Specialties”

Property finance platform LendInvest notes that supporting Limited Company Buy-to-Let clients is one of their “specialties,” with criteria tailored to support professional and portfolio landlords to “get the most out of our product range.” At LendInvest’s recently-held 2021 Broker Kick Off Event, their expert BDM… Read More

Online P2P Lender Blend Network Reports Strong Performance, Reveals it has Record Number of Lenders Active on Platform

Online peer-to-peer lender Blend Network notes that the UK was the world’s first country to authorize and begin administering the Pfizer/BioNTech vaccine on December 8, 2020. The vaccine had been on track to immunize 15 million individuals by February 15, 2020. The immunization efforts have… Read More

Currencycloud Says the Days of Unrestricted EU Market Access for UK Firms are Over, Explains how to Approach New Business Environment

Currencycloud, a cross-border payment platform, notes in a blog post that UK businesses have been struggling to deal with various issues ever since the country voted in 2016 to leave the European Union (EU). While the agreement reached between the United Kingdom and European Union… Read More

Personal Financing Mobile App Lumio’s Crowdcube Campaign Now Nearing £700,000

  Lumio, a UK-based personal financing app, is now nearing £700,000 in funding raised through its equity crowdfunding campaign on Crowdcube. The investment round, which originally sought to raise a minimum of £250,000, has already attracted more than 870 Crowdcube investors so far. As previously reported,  Lumio describes… Read More

Update: UK Proptech BlockDox to Close Seedrs Campaign With Nearly £400,000 Raised

  BlockDox, a UK-based proptech, is set to close its equity crowdfunding campaign on Seedrs with nearly £400,000 raised. The funding round was launched last month, originally seeking £125,000, and has attracted more than 280 Seedrs investors. As previously reported, BlockDox describes itself as a data science… Read More

Banks Must Invest in Digital Transformation and Need to Think About Deployment of Fintechs and Value-Added Services, Industry Exec Says

Banking Circle, a financial infrastructure developer, notes that digitalization “dramatically accelerated” in order to address the challenges of 2020. Banking Circle writes in a blog post that having had to innovate (and fast) due to the socioeconomic challenges created by COVID-19, banking institutions are now… Read More

Overfunding: UK P2P Lender JustUs Secures Over £1.3M in Capital to Disrupt Lending with Better Crowdfunded Financial Products

UK-based peer-to-peer (P2P) lender JustUs says it aims to “disrupt” the lending landscape and become an established provider of crowdfunded financial products for consumers with the JustUs ISA. To undertake Peoples Mortgages, JustUs noted that it will be “required to gain regulatory approval which is… Read More

LendInvest Selects 35 Brokers as Strategic Partners

Property finance platform LendInvest has announced Strategic Partners for 2021 with 35 broker firms joining the program.  LendInvest explains that they recognize key broker firms as those that submit a high level of consistent business to LendInvest. Strategic Partners may access dedicated staff to service… Read More

London based SETL, a Transaction Settlement Firm, Hires Former Ripple Exec Marjan Delatinne as New Head of Payments

London-headquartered SETL, a settlement and payments infrastructure provider, has reportedly hired Marjan Delatinne to serve on its executive management team as the company’s Head of Payments. Marjan will be responsible for further expanding SETL’s payments business, and also its market infrastructure and asset management products…. Read More

UK Kalifa Fintech Review: Policy Recommendations for Keeping the Fintech Boom Going

The long-anticipated report on the UK Fintech ecosystem and recommendations as to how to keep the robust market growing in a post-Brexit world has been published today. The Kalifa Review of Fintech seeks to provide a roadmap for the UK to maintain its prominence in… Read More

Update: Classlist’s Latest Crowdfunding Round Nears £800,000 During the Final Days on Crowdcube

Virtual school-gate community, Classlist, is set to close its latest equity crowdfunding campaign on Crowdcube with nearly £800,000 in funding. The company returned to Crowdcube less than five years after raising £837,160 through its previous crowdfunding campaign. The latest funding round has attracted more than 890 Crowdcube… Read More

UK’s App-Based Bank Atom Bank to Secure £40 Million From Existing Shareholders; Announces Upcoming Plans, Including IPO

Atom Bank, a UK-based mobile bank, announced on Thursday is to set to raise £40 million from existing shareholders as it moves to profitability from its mortgage and business lending within a year and to IPO the year after. As previously reported, Atom Bank claims… Read More

NatWest Launches €1 Billion Inaugural Affordable Housing Social Bond

  UK banking group NatWest announced on Thursday announced earlier this week it has issued a €1 billion affordable housing social bond. The bank reported it has selected a pool of loans to not-for-profit, registered UK-based housing associations to which it will allocate the proceeds of… Read More

Skymind Announces First AI Investments as Part of $800 Fund

Skymind has announced its first cohort of investments from its $800 million AI fund. Skymind has invested in six startups that are leveraging AI to improve the performance of different industries and sectors across the globe. Skymind is an open-source enterprise deep-learning software company and… Read More

Update: SwipeStation’s Latest Crowdfunding Campaign Raises More Than £515,000 During Final Week on Seedrs

  SwipeStation, a click and collect service that allows users to create an order from anywhere in sports stadiums, has successfully secured more than £515,000 through its latest equity crowdfunding campaign on Seedrs. The funding round, which originally set out to raise £250,000, has already… Read More

Thrillz, a Platform that Enables Personalized Messages from Celebs & Influencers, Looks to Raise Growth Capital on Seedrs

Thrillz, a platform that operates a personalized message service in partnership with celebrities, influencers, sports figures, impersonators, and more, is looking to raise growth capital on Seedrs. Are you interested in a birthday wish from Katie Price or a personalized message from Tara Reid? Well,… Read More

Challenger OakNorth Bank Completes £4.4 Million CBILS Loan

OakNorth Bank has completed a £4.4 million Coronavirus Business Interruption Loan Scheme (CBILS) loan to complete the development of Beulah Vista Caring Home in London. OakNorth Bank says that the number of care home beds per 100 people over the age of 85 has fallen… Read More

Boomers and Gen-X Get Into Crypto, According to de Vere Group

While Millennials and Gen Z have long been enthusiastic when it comes to crypto it now appears that Boomers and Gen-Xers are getting into the crypto boom – at least according to a survey by de Vere Group. In a release, de Vere states that… Read More

Banking Challengers Starling and Branch Provide Reasons to Break Up with Your Old Bank

UK-based digital banking challenger Starling notes that bad relationships can be a lot of hard work. The Fintech firm has provided several reasons why it may be a good idea to “cut the ties” with your regular bank and “fall in love with easy, responsible… Read More

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