Tagged: uk

Success: Easygoband Secures £300,000 Funding Goal on Crowdcube

Easygoband, a Spanish incorporated company that has created an RFID smartband that allows personal identification and cashless payments, has successfully secured its initial £300,000 funding target on Crowdcube thanks to more than 350 investors. Easygoband raised £176,300 prior to launching its equity crowdfunding campaign on Crowdcube… Read More

Overfunding: Digital Only Bank Startup Fiinu Secures £500,000 Funding Target on Seedrs

App-only banking start-up Fiinu, has successfully secured its initial £500,000 funding target through its equity crowdfunding campaign on Seedrs. The initiative was launched last month and sought the funds for a 6.67% equity stake at a pre-money valuation of £7 million. As previously reported, the aspiring digital… Read More

Australia Can’t Wait to use the Fintech Bridge Established with the United Kingdom

Today, the UK Chancellor of the Exchequer Philip Hammond announced an updated agreement signed with Australian Treasurer Scott Morrison to firmly establish a Fintech bridge between the two countries. This virtual bridge will see both public officials and private partiers working together to foster Fintech… Read More

NatWest Surpasses Sustainable Energy Target By Providing £3.5 Billion of Lending to UK Renewable Energy & Energy Efficiency Projects

NatWest announced this week it has beaten its sustainable energy funding target, providing £3.5 billion of lending to UK renewable energy and energy efficiency projects over the past three years. The bank reported it set a three-year target of £3 billion in 2015 and is now committed to… Read More

Here is the Enhanced Fintech Cooperation Agreement Between the UK FCA and the Australian Securities & Investment Commission

As was announced earlier today (and leaked out earlier this week) the Australian and UK governments have signed an “enhanced cooperation agreement” on Fintech innovation. Under the new agreement the Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA) will continue to… Read More

Invesdor Joins Forces With InvestorConnected to Launch PitchPerfect Competition

Equity crowdfunding platform Invesdor announced on Thursday it has teamed up with InvestorConnect to launch a new competition called PitchPerfect. The funding portal describes the competition as a “Dragons Den meets strictly come dancing for a fun and innovative pitching competition.” The event will take place on… Read More

The Great Strength of the British Fintech Community: Chancellor Philip Hammond Says Britain is the Global Capital of Fintech

HM Treasury Publishes Fintech Strategy In a widely anticipated speech today during the midst of UK Fintech Week, Chancellor of the Exchequer Philip Hammond told the audience Britain is the global capital of Fintech and he will do everything he can to maintain this title…. Read More

Challenger Bank Masthaven Teams Up With Intrinsic Financial Services to Expand Distribution

UK-based challenger bank Masthaven announced on Wednesday it has teamed up with financial service provider Intrinsic to expand distribution and enable more brokers to access to its products. Launched as a retail bank in 2016, Masthaven now offers savings and lending products. It has also… Read More

InvestHK UK Fintech Award: Fintech Mosaic Smart Data Wins Top Prize

Mosaic Smart Data, a London based Fintech that helps financial institutions in adapting to regulatory change, has won the inaugural InvestHK UK Fintech Awards.  The recognition was revealed by InvestHK  along with the UK Department for International Trade. The competition received 30 submissions from UK based… Read More

Seedrs Forms New Partnership with Commercial Finance Broker Finpoint

UK based Investment crowdfunding platform Seedrs has announced a new partnership with Finpoint, a commercial finance broker that provides financing solutions to SME’s. Seedrs says the partnership will support businesses scaling and boost investment into UK businesses. According to the agreement, Seedrs will gain access… Read More

Higher Education Comparison Service University Compare Now Seeks £250,000 on Seedrs

University Compare, a cross-platform higher education comparison service that helps universities and students connect, is now seeking £250,000 through equity crowdfunding platform Seedrs. Founded in 2012, University Compare displays university statistics, student reviews, and personalized choices to help students decide which course to choose when… Read More

Crowdcube Named The Pitch’s 2018 Investment Expert Partner

 On Wednesday, Crowdcube announced it has joined forces with The Pitch as its Investment Expert Partner. The UK-based equity crowdfunding platform reported it will run investment readiness classes at The Pitch’s boot camps, along with sharing “learnings” about crowdfunding, work with angel investors and VCs,… Read More

Aspiring Crypto Bank Crypterium Appoints James Davies as CFO

Crypterium, the “crypto bank for everyone”, has hired James Davies as their Chief Financial Officer (CFO). Davies will oversee the payment partner and exchange integration and the all of the company’s finance functions. Crypterium launched an initial coin offering (ICO) last October for a crowdsale… Read More

Regtech Company Exate Technology is Winner of Innovate Finance Pitch360

Innovate Finance, the leading voice for UK’s global Fintech industry, has announced the winner of Pitch360, its Fintech startup competition. The winner of the competition is Exate Technology, a data privacy firm that operates in the Regtech category. Along with being recognized by Innovate Finance,… Read More

Investment Platform Motive Partners Opens Innovation & Investment Center in London to Serve Next Generation Fintech Companies

Motive Partners, an investment firm focused on technology-enabled companies that power the financial services industry, announced on Wednesday it was opening of its new European Innovation and Investment Center in London. According to Motive Partners, the 14,000 sq. ft. space that will facilitate and drive collaborative… Read More

London Restaurant Brand Redemption Bar Looks to Secure £300,000 Through Crowdcube Campaign

Redemption Bar, a London-based healthy hospitality brand, has launched an equity crowdfunding campaign on Crowdcube. The company is now seeking  £300,000 through the funding round as it prepares for the opening of its two new sites in Covent Garden and Southbank Place, with a future goal of… Read More

Update: TeachPitch Extends Latest Equity Crowdfunding Round on Crowdcube

TeachPitch, a UK-based education technology company, announced last week it has decided to extend its latest equity crowdfunding round on Crowdcube. The company launched the funding round last month and quickly secured its initial £300,000 target. It is now nearing £340,000 thanks to more than 180… Read More

Opal Transfer Launches New Money Transfer Service Between Italy and the UK

London based Opal Transfer has launched a new money transfer service between Italy and the UK. This is an extension of the existing product – money transfer service from the UK to Italy. Opal says it has one of the lowest cost transfer products on… Read More

Overfunding: Plant-Based Restaurant Chain Stem + Glory Quickly Surpasses £350,000 Funding Target on Crowdcube

Stem + Glory, a UK-based restaurant chain, has quickly secured its initial 350,000 equity crowdfunding target on Crowdcube. The company launched the funding on Monday morning and by the afternoon surpassed the funding goal. Opened in October 2016, Stem + Glory describes itself as a… Read More

International Payments Platform Currency Cloud Launches Global Collections for Faster / Cheaper Payments

Fintech Currencycloud, an international payments platform, has announced the launch of Global Collections. Leveraging multi-currency accounts receivable offering, banks and other payments companies may allow customers to receive payments across borders without the typically exorbitant fees and extensive delays prevalent in payment transfers today. Currencycloud is… Read More