Tagged: uk

December 12, 2021 @ 10:41 pm By Omar Faridi  |  

Sustainable Accelerator 5, which provides a diversified portfolio of “exciting” SEIS & EIS sustainability startups, has acquired 98% (£590,600) of its £600,000 target via Seedrs from 300 investors with 3 days left (at the time of writing) in its crowdfunding campaign. Based in London, United… Read More

December 12, 2021 @ 4:27 pm By Omar Faridi  |  

HOKO // The Homeowner’s Architect has raised 89% (£446,973) of its £500,000 target (at the time of writing) from 251 investors via its crowdfunding campaign carried out through Crowdcube. Currently, there are 11 days left in the firm’s campaign. The UK-based company reports a £15,000,000… Read More

December 12, 2021 @ 2:09 pm By Omar Faridi  |  

UK’s P2P lender Blend Network notes that as we approach the year-end, they wanted to do a “throwback to some of the landmark projects we funded in 2021.” The Blend Network team writes in a blog post that they have shared some of the schemes… Read More

December 12, 2021 @ 1:11 pm By Omar Faridi  |  

Two-thirds of the UK’s small business leaders (63%) feel “lonely” in their role, which could prevent their firm from “reaching its full potential,” according to an update from UK-based digital bank Starling. Of 1,046 business leaders surveyed by Starling Bank, seven in ten (70%) say… Read More

December 12, 2021 @ 12:06 pm By Omar Faridi  |  

Green Fintech firm Sugi has reportedly teamed up with Artorius in order to provide the wealth manager’s customers with access to environmental metrics that may help them with building “greener” investment portfolios. Sugi says that its mission is to transform green investing. The company wants… Read More

December 10, 2021 @ 6:27 pm By JD Alois  |  

Earlier this week, Gonçalo de Vasconcelos founder and CEO of Rnwl, announced they have decided to close their funding round on Seedrs early having more than surpassed their goal. de Vasconcelos is a veteran Fintech founder having launched the online investment platform SyndicateRoom, several years… Read More

December 9, 2021 @ 11:27 pm By Omar Faridi  |  

London Stock Exchange Group (LSEG) and OpenExchange Inc. have announced the launch of an expanded virtual platform for firms across the globe to share company results, investor days, and other public company communications, like ESG and inclusivity announcements. As mentioned in the update, LSEG has… Read More

December 9, 2021 @ 10:44 am By JD Alois  |  

Global VC firm Antler has closed on a new UK fund, according to a statement by the company. The UK fund  closed at £21.4 million and will be used to enable Antler’s UK team to build a portfolio of around 70 companies in the UK. … Read More

December 9, 2021 @ 10:01 am By JD Alois  |  

Creditspring says its customers have grown by almost 430% in the last 12 months having surpassed 100,000 customers. Last July, the direct lender reported topping 50,000 customers. Creditspring is a “credit subscription service” that is regulated by the UK Financial Conduct Authority. Option Finance has… Read More

December 9, 2021 @ 7:48 am By Omar Faridi  |  

Klarna, an international retail bank, payments, and shopping service, has announced the launch of the Klarna browser extension, which had been in “beta testing with over 100,000 consumers.” The extension enables consumers to “shop with Klarna’s flexible payment options on their desktop at every online… Read More

December 9, 2021 @ 7:46 am By Omar Faridi  |  

Chip, the savings app that aims to bring consumers the best rates while automatically building up their savings, has made changes to its membership plans as it focuses on making more of the app free and gets ready to launch a simplified fee structure. Chip,… Read More

December 8, 2021 @ 10:10 pm By Tony Zerucha  |  

A new study of institutional investors and wealth managers, who collectively manage around $108.4 billion in assets, reveals 85 per cent say they now have dedicated teams reviewing cryptocurrencies and digital assets, though for many it is a new development. The research, commissioned by London-based… Read More

December 8, 2021 @ 7:47 am By Omar Faridi  |  

Metro Bank (LSE:MTRO), the United Kingdom’s community bank, has introduced its Magic Money Christmas Tree marketing campaign with the goal to raise funds via a gold coin mechanism for various children’s charities through its 78 stores. Created by Metro Bank’s in-house studio and domestic agencies… Read More

December 7, 2021 @ 10:58 am By JD Alois  |  

Locket, an Insurtech raising capital on Seedrs, says it hit its funding goal in just 10 minutes last Friday. The initial offering sought £750,000 in a convertible security that holds a 15% discount to a future priced round. The investment is EIS eligible and holds… Read More

December 7, 2021 @ 9:51 am By Omar Faridi  |  

Zephyr Homeloans, the specialist buy-to-let (BTL) lender that is owned by Computershare, has unveiled several new products as part of a range redesign intended to support greater energy efficiency in the United Kingdom‘s private rental sector. Zephyr’s management noted that their new EPC Deal products… Read More

December 7, 2021 @ 8:27 am By Omar Faridi  |  

UK-headquartered Buy Now, Pay Later (BNPL) Fintech Butter is planning to compete with and potentially replace traditional credit cards with the introduction of its own BNPL card. Although 65% of UK consumers carry credit cards, the number being issued has declined by around 3% during… Read More

December 7, 2021 @ 8:01 am By Omar Faridi  |  

Digital wealth management platform Moneyfarm has confirmed that it will acquire Wealthsimple’s UK business book. Wealthsimple UK has reportedly agreed to transfer its 16,000 UK clients to Moneyfarm by the end of January 2022. The Canadian Robo-advisor said it would no longer be offering its… Read More

December 6, 2021 @ 11:00 am By Omar Faridi  |  

The London Stock Exchange (LSE) has reportedly agreed to terms in order to acquire portfolio optimization platform Quantile, further extending its post-trade offerings to the over-the-counter (OTC) derivatives market. Over the years, Quantile has managed to expand its team to more than 80 employees, with… Read More

December 6, 2021 @ 10:31 am By Omar Faridi  |  

iProov, a provider of biometric face authentication tech, and Eurostar, the high-speed passenger rail service linking the United Kingdom with mainland Europe, have announced that their trial of a contactless fast-track service, SmartCheck, is currently live. SmartCheck enables passengers to “complete secure ticket verification and… Read More

December 6, 2021 @ 10:29 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) issued a statement last week announcing rule changes designed to boost share listings on UK exchanges. At the beginning of 2021, the Kalifa Review of Fintech was published providing a roadmap for the UK to maintain and improve the… Read More