Tagged: uk

Update: Snaffling Pig Set to Close Crowdcube Round With More Than £1.1 Million in Funding Secured

Snaffling Pig, a UK-based pork brand, is set to close its equity crowdfunding campaign on Crowdcube with more than £1.1 million raised from nearly 1600 investors. The funding round was launched last month and quickly secured its initial £750,000 funding target. The company is offering… Read More

GoodBox Returns to Seedrs; Now Seeking £1 Million in Funding

Less than two years after securing £2.6 million through its previous Seedrs campaign, GoodBox, a tech-company focused on building solutions that connect donors and causes, has returned to the equity crowdfunding platform to raise £1 million. As previously reported, GoodBox was founded in 2016 by… Read More

London Stock Exchange Group-backed Fintech Nivaura Hires HSBC Executive Chris Jones

UK-headquartered Nivaura, a regulated Fintech firm supported by the London Stock Exchange Group, has hired HSBC executive Chris Jones, the company confirmed. Nivaura helps clients review and process capital market legal documents. Jones will be advising on product features and he will also be responsible… Read More

UK Modern Plant Shop Patch Nears £1.1 Million Through Equity Crowdfunding Efforts on Crowdcube

Patch, a UK-based modern plant shop for “modern plant people,” has not only surpassed its initial £500,000 funding target, it is now nearing £1.1 million secured during its equity crowdfunding campaign on Crowdcube. Through the funding round, the company is offering 5.05% in equity at… Read More

Overfunding: UK Fintech Anna Money Surpasses £3 Million Funding Target on Seedrs

Anna Money, a UK-based fintech that specializes in SME business banking, has successfully secured its initial £3 equity crowdfunding campaign target on Seedrs. As previously reported, Anna stands for Absolutely No-Nonsense Admin. The company describes itself as a business current account for startups and small… Read More

Yolt Now Provides Access to Raisin with Integration of Savings Accounts

In partnership with Raisin, Yolt has launched access to competitive savings accounts in the UK, Italy and France. Raisin announced a new relationship with Yolt this past summer. Yolt users may now apply for a Raisin account accessing a range of deposit products, select from… Read More

Fintech: UK’s OakNorth Bank Appoints Former Google Executive Sunil Chandra As CEO of Its New Credit Platform

OakNorth, a UK-based digital bank that provides business and property loans to small and medium-sized businesses, announced on October 7 the appointment of Sunil Chandra as CEO of its new credit platform. Chandra, a former VP at Google Inc, helped scale the internet company’s talent… Read More

UK Challenger Bank Tide Secures £44.1 Million Through Series B Funding Round Led By SBI Group & Augmentum Fintech

Tide, a UK-based SME challenger banking, announced on Monday it secured £44.1 million through its Series B funding round, which was led by specialist fintech investment companies, The SBI Group and Augmentum Fintech plc. As previously reported, Tide describes itself as a current account that saves businesses time and… Read More

Startup to Challenge Established Soft Drink Brands, GUNNA Crowdfunds on Seedrs Quickly Topping £500,000 Goal

GUNNA, a new soft drinks startup that seeks to challenge established brands with less sugar and more flavor, is crowdfunding on Seedrs. The startups has quickly topped a £500,000 goal and now stands at over £524,000 in overfunding mode. Gunna is raising equity capital at… Read More

NatWest to Issue Biometric Credit Card, Trial Starts Today – Uses Fingerprint Verification

NatWest reports that the first biometric fingerprint credit cards are entering circulation today. According to the bank, 150 customers have been selected to take part in a three-month national pilot program. The credit card pilot follows an early trial of a debit card earlier in… Read More

Open Banking Competition: More than 100 Fintechs Applied to Participate in UK’s Open Up 2020 Challenge

More than 100 Fintech companies have applied to participate in the UK’s Open Up 2020 Challenge. The firms will be competing to tap into the evolving open banking economy and a chance to win a £1.5 million prize fund. Managed by Nesta Challenges through a… Read More

Director of UK-based Analytics Firm Arity Andrew Jenkins Appointed New Fintech Envoy for Ireland

Andrew Jenkins, director of UK-based mobility data and analytics firm Arity, has been appointed (on October 4) as the new Fintech envoy for Northern Ireland. The appointment has been made by John Glen, the Economic Secretary to the Treasury. Glen stated: “Fintech is vital to… Read More

Wealthtech Platform for Digital Assets Suprafin Gains TribulusTech as Investor & Software Partner

SupraFin has signed a strategic agreement with TribulusTech which includes an equity investment and a deal to partner on software development. SupraFin is a Wealthech platform for digital assets. SupraFin was founded by Liliana Reasor who spent 20+ years as an executive at JP Morgan,… Read More

UK-based Fintech Equals Launches New Loan Service Via Partnership With SMB Lender iwoca

UK-based Fintech firm Equals Group (LON:EQLS), which provides a travel card to around 1 million users, global payments solutions for companies, and tools to manage finances, has launched its first loan for small- and medium-sized businesses (SMBs) through a partnership with SMB lender iwoca.  Equals… Read More

Online Marketplace For Cars Carwow Set to Close Crowdcube Round With More than £4.6 Million in Funding

Just days after launching its equity crowdfunding campaign on Crowdcube, online marketplace making car buying carwow is set to close the funding round this weekend with more than £4.6 million secured. Founded in 2013, carwow notably helps customers all through the car searching process. It… Read More

Curve Appoints Former Head of Samsung Pay Europe Nathalie Oestmann as New Chief Operating Officer

Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, announced on Thursday it has appointed the former head of Samsung Pay Europe, Nathalie Oestmann, as its new Chief Operating Officer. According to Curve, Oestmann will be responsible… Read More

Update: Chip Set to Close Latest Crowdcube Round With More Than £3.9 Million in Funding

AI-powered automatic savings account mobile app, Chip, is set to close its latest equity crowdfunding campaign on Crowdcube with more than £3.9 million secured. The funding round was launched at the end of September and quickly secured its initial £1 million funding target. Chip is… Read More

Overfunding: Subscription-Based Loan Membership Platform Creditspring Surpasses £1.5 Million Funding Target on Seedrs

Creditspring, a UK-based subscription-based loan membership platform, has successfully secured its initial £1.5 funding target through its equity crowdfunding campaign on Seedrs. The funding round was launched in August, with the company offering 13.30% in equity at a £9,780,000 pre-money valuation. As previously reported, Creditspring’s… Read More

UK Fintech Rapyd Raises $100 Million Through Recent Financing Round Led By Oak HC/FT

Rapyd, a global Fintech-as-a-service provider, announced on Tuesday it secured $100 million through its latest financing round, which was led by Oak HC/FT with participation from Tiger Global, Coatue, General Catalyst, Target Global, Stripe, and Entree Capital. The latest funding round comes just months after Rapyd… Read More

Update: Assetz Exchange Closes Seedrs Funding Round With More Than £750,000 Raised

Assetz Exchange, a UK-based property crowdfunding platform, has closed its equity crowdfunding on Seedrs with a total of £750,367 raised. The funding round launched earlier this summer and quickly raised its initial £350,000 funding target. Assetz Exchanged offered 4.83% in equity at a £6,902,276 pre-money… Read More

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