Tagged: uk

Transferwise Is Quickly Becoming a Global Bank (Minus the Stupid Fees)

Global money transfer site Transferwise is quickly becoming a bank. The cool thing about Transferwise is they are providing bank like services minus the silly fees that currently pollute traditional banking services. That’s huge. As previously announced, Transferwise is rolling out their glowing green debit… Read More

UK Insurtech Anorak Raises £4 million In Seed Funding From AXA’s Incubator Kamet Ventures

Anorak Technologies, a London-based insurtech startup, has successfully secured £4 million in seed funding from incubator, Kamet. Founded in 2015, the company claims it is building the world’s smartest independent insurance advisor with a mission to put customers back in control of their insurance needs. While sharing… Read More

InvestHK Reveals Details About UK Fintech Awards 2018

Invest Hong Kong (InvestHK) announced on Monday details of its UK Fintech Awards 2018, which is organized in conjunction with the UK’s Department for International Trade. According to InvestHK, the Awards are open for submissions from January 22nd (today) and will close on February 23rd…. Read More

UK Art Exhibition to Sell Works only Paid in Cryptocurrencies

Labeling it a “world first,” sales of art at an forthcoming Mayfair art exhibition will be conducted solely in cryptocurrency. Requiem for the Emblem of Power by British artist Paul Wager will commemorate the centenary of the end of the First World War will be holding… Read More

RateSetter to Focus Solely on Asset Backed Lending for Commercial Loans

Peer to peer lender RateSetter said its commercial lending vertical will focus solely on secured lending in its commercial finance vertical. Following a review of its commercial finance operations, RateSetter said it would move to “simplify” its commercial finance by funding only property backed or… Read More

Update: Oval Money Set to Close Crowdcube Early After Quickly Securing 500,000 Funding Target

Just after its Crowdcube round successfully secured its initial 500,000 in less than a week, crowd invest marketplace Oval Money announced it will close the equity crowdfunding campaign sooner than originally planned. The company revealed in its latest update: “Thank you everyone who has sustained… Read More

Update: UK Beverage Company Berrywhite Extends Latest Crowdcube Round

UK-based natural fruit beverage brand Berrywhite has officially extended its latest equity crowdfunding campaign on Crowdcube. The company launched the funding round last month and sought to raise £150,000. As previously reported, Berrywhite launched its first funding round in 2014, seeking 300,000 but only secured £291,380. The… Read More

Monzo Announces Plans to Close Prepaid Card Program in April 2018

On Thursday, UK challenger bank Monzo announced plans to get close its Monzo Prepaid Card Program. This news comes just after the fintech company announced its 2018 plans. Monzo stated its aim is to shut down the prepare Mastercard program in early April so that… Read More

Peer to Peer Lender Zopa Increases Interest Rates Paid to Investors

Zopa, one of the largest peer to peer lenders in the UK, has announced an increase in interest rates paid to investors. Zopa currently offers two diversified investment tiers: Zopa Core and Zopa Plus. Returns have increased from 3.7% for Core and 4.5% for Plus… Read More

Crowdcube Shares: Our 2017 In Numbers (Infographic)

Following its recent reflection of 2017, equity crowdfunding platform Crowdcube released an infographic that revealed details about its record-breaking year, which included its strongest quarter to date. As previously reported, Crowdcube stated it saw its most successful year ever in 2017, which included an “unprecedented” demand from… Read More

LendInvest Update: Named Exclusive Lender on First Phase of 5,750 New Home Projects Located in Kent

Online lending platform LendInvest announced on Friday it has been named exclusive lender of a long-term development scheme that aims to build up to 5,750 new homes outside Dover in Kent. According to the online lender, the borrower, Halsbury Homes, currently owns a site in Whitfield, four… Read More

Update: Crowd Invest Marketplace Oval Money Quickly Surpasses £500,000 Funding Target on Crowdcube

Just days after launching its equity crowdfunding campaign on Crowdcube, UK-based automated saving and crowd investing marketplace Oval Money successfully secured its initial £500,000 thanks to more than 450 investors. As previously reported, Oval Money was founded in 2016 and provides easy to read, readily available… Read More

Overfunding: Orders & Payment App Zapaygo Investments Surpasses £500,000 Funding Target on Crowdcube

Zapaygo Investments, a UK-based ordering and payment mobile app, has successfully surpassed its initial equity crowdfunding campaign’s £500,000 funding target on Crowdcube. The company launched the funding round earlier month and has so far attracted more than 160 investors. Founded in 2015, Zapaygo is described as a… Read More

London Food Hub Mercate Metropolitano Surges Past £400,000 Funding Goal Through Equity Crowdfunding Platform Seedrs

Mercate Metropolitano, a London-based food hub, has achieved its crowdfunding campaign’ initial £400,000 funding goal on equity platform Seedrs. Mercate Metropolitano is described as a new, sustainable and inclusive food hub with the allure of a farmers’ market. The hub revealed: “Mercato Metropolitano represents a revival… Read More

London Theatre App Stagedoor Closes Seedrs Round With Nearly £350,000 Secured

Stagedoor, a London-based theatre app startup, successfully secured nearly £350,000 over the course of its equity crowdfunding campaign on Seedrs, greatly surpassing its original funding target of £200,000. The company revealed that its community of 20,000 users contributed enormously to the success of this campaign, investing… Read More

Update: Health-Tech Marketplace Doctaly Set to Close Crowdcube Round With More Than £700,000 in Funding

With its equity crowdfunding campaign set to close this weekend on Crowdcube, health-tech marketplace Doctaly will complete the funding round with more than £700,000 from over 975 investors. The campaign was launched last month and quickly secured its initial £500,000 funding target. As previously reported,… Read More

London Fintech Curve Announces Full Consumer Launch

Curve, a London-based fintech company that’s software allows customers to link their bank cards to one Mastercard, has recently announced its full consumer launch. As previously reported, Curve was founded in 2015 and proclaims itself to be the next generation of payments after the “humble” bank card…. Read More

Overfunding: Agritech Marketplace Hectare Secures £500,000 Funding Target on Seedrs

  Hectare Agritech, a UK-based online marketplace for the agriculture sector, has successfully secured £500,000 through its third investment round on equity crowdfunding platform Seedrs. The company launched the campaign earlier this month and is now nearing £550,000 thanks to more than 320 investors.  As previously… Read More

Challenger Bank Revolut Adds £1/Day Travel Insurance to Growing Portfolio of Services

Digital only challenger bank Revolut has released a new featured today – one that is designed to be simple to use and cost effective. Revolut has announced that users may now activate travel insurance for just £1 per day. The insurance is available at the… Read More

Crowdcube Describes 2017 As “A Record-Breaking Year” During Annual Review

UK-based equity crowdfunding platform Crowdcube celebrated the new year by taking a look back on 2017’s accomplishments. The funding portal explained that it saw its most successful year ever in 2017, which included an “unprecedented” demand from entrepreneurs and investors producing “record-breaking” levels of investment…. Read More