Tagged: uk

RateSetter Expands Property Development Finance Team in South West England; Appoints Ian Granger as New Business Development Manager

UK based peer-to-peer lender RateSetter announced on Friday it is expanding its Property Development Finance Team in South West England with the appointment of Ian Granger as its new Business Development Manager. Granger will reportedly oversee client management and business development in Somerset, Devon, and Cornwall as… Read More

Update: Wealth Migrate Completes Seedrs Round With Nearly £1.7 Million in Funding

Wealth Migrate, a UK-based real estate crowdfunding platform, has completed its equity crowdfunding campaign on Seedrs with £1,687,965 secured. The funding round was launched in November, originally seeking a minimum of £750,000. As previously reported, Wealth Migrate was established in 2010 and describes itself as a leading… Read More

UK Fintech OakNorth Secures $440 Million Through Latest Investment Round Led By Japan’s SoftBank

OakNorth, a UK-based fintech startup, has successfully secured $440 million through its latest investment round, which was led by Japan’s SoftBank Group Corp.  Launched in 2015 by Rich Khosla and Joel Perlman, OakNorth claims to be Europe’s fastest-growing fintech company by assets and valuation. The company… Read More

Assetz Capital Co-Founder Andrew Holgate Forms Fintech Advisory Firm Equitivo

Andrew Holgate, a co-founder of peer to peer lender Assetz Capital, has launched a Fintech consulting firm. Equitivo is said to be “Europe’s first full-service Fintech consultancy.” In a release, the firm said the consulting firm launches with “a strong UK and European client base.” Equitivo’s services… Read More

Facebook Buys Blockchain Firm Chainspace. What Does it Mean?

It was recently reported that Facebook has acquired Chainspace, a London-based blockchain startup described as a scalable distributed ledger and smart contract platform. The Chainspace website claims to deliver on “modern expectations of processing power, making it the platform of choice for complex real-world applications.”… Read More

Yoyo Announces Launch of Omnichannel Platform

Yoyo announced on Thursday the launch of its new omnichannel platform. Yoyo reported that it has combined its in-store digital payments and loyalty experience with an e-commerce solution to enable retailers to created the channel.  According to Yoyo, the omnichannel platform provides the following: Multichannel one-click checkout:… Read More

Barclays Secures Minority Stake in UK Fintech Loyalty Mobile App Startup Bink

Top British banking group Barclays has reportedly taken a minority stake in the UK-based fintech loyalty mobile app startup Bink. Founded in 2014, Bink stated its mission is to “redefine loyalty, making life simple and rewarding for all.” The company revealed: “Bink is set to transform… Read More

Peer to Peer Property Lender Kuflink Launches Secondary Market

Peer to peer lending platform Kuflink has launched a secondary market to provide liquidity for investors in their property backed loans. Kuflink said this was the first of several new enhancements planned for 2019. The platform said that lenders can list most loan parts on… Read More

SME Business Banking Startup Anna Money Secures £8.5 Million Investment from Kinetik

Anna Money, a UK-based fintech that specializes in SME business banking, has received an £8.5 investment from tech investment firm, Kinetik. Founded in 2017, Anna, which stands for Absolutely No-Nonsense Admin, describes itself as a business current account for startups and small businesses. The company manages invoicing and comes… Read More

Overfunding: nHouse’s Latest Crowdcube Round Surpasses £200,000 Funding Target

Modular contemporary company nHouse has successfully secured its initial £200,000 funding target through its latest equity crowdfunding campaign on Crowdcube. The funding round was launched in November, just a little over a year after nHouse secured £984,110 through its first Crowdcube initiative. As previously reported, nHouse creates spacious, high-tech,… Read More

Growth Street Reports: Investor Return Up By 16.7% in 2018 Through P2P Investment Platform

UK-based business lender Growth Street announced recently announced that investor returns up by 16.7% in 2018 through its peer-to-peer investment platform. Founded in 2013, Growth Street’s main mission is to help businesses grow. The platform has already matched £175 million of investors’ funds with growing businesses since… Read More

Crowdcube Has Completed 100 raises over £1 Million, 32 of which were in 2018

Yesterday, Crowdfund Insider covered the annual Deal report from Beauhurst. The research targeting equity investment in the UK provides a fascinating snapshot of the progress of capital formation for promising young firms in Great Britain. The authors note that while overall investment declined during 2018,… Read More

Aave Announces Bitcoin Launch on Ethereum-Based Crypto Lending Marketplace

Aave, a UK-based tech company which specializes in the development of decentralized and hybrid blockchain applications, announced on Wednesday the launch of bitcoin on its crypto lending marketplace platform, ETHLend. According to Aave,  ETHLend is a lending peer to peer marketplace where users can borrow money using their… Read More

WeWork and Digital Bank Revolut Partner with Free Hot Desk Space

Revolut has announced an agreement with WeWork to provide Revolut for Business customers with 3 months free “hot desk space.” WeWork is one of the leading shared office space providers that has a reputation for hosting legions of early-stage companies around the world. The privately… Read More

A Fall in Seed Stage Deals that Must Be Corrected: Report Indicates UK Equity Investments Declined in 2018 but Crowdfunding Delivers Record Year

The Brexit claxon sounds loudly. A report released this week indicates a decline in both the number of deals and the total amount deals for the UK early stage equity market. Beauhurst has published their annual recap of total investment for 2018. The Deal quantifies the… Read More

UK Digital Bank Monese Brings Apple Pay to Customers

Digital challenger bank Monese announced on Tuesday it is now offering Apple Pay for all personal Monese cards across the UK, France, Germany, Italy, Spain, Finland, and Ireland. According to Monese, customers may now make payments from both their UK or European Monese cards, easily and… Read More

N26 Now Offering Apple Pay For Customers in the UK

Germany-based challenger bank N26 announced on Monday that Apple Pay is now available for its customers in the UK. According to N26, the mobile payment system integrated directly with N26 current accounts, which means customers may quickly add their Mastercard to Apple Pay directly in the N26… Read More

UK Based Crypto Facilities, a Regulated Crypto Trading and Derivative Platform, is Acquired by Kraken

Kraken, one of the largest cryptocurrency exchanges in operation, has acquired UK based Crypto Facilities, according to a release by Crypto Derivatives. The exact terms of the deal were not disclosed but the two companies said it was a “nine-figure deal” and Kraken’s largest acquisition… Read More

Oral Health Subscription Service Brushbox Quickly Secures £500,000 Funding Target & Now nearing £700,000 Through Crowdcube Round

Brushbox, a UK-based oral health subscription box service, has quickly secured its initial £500,000 funding target and is now nearing £700,000 through its equity crowdfunding campaign on Crowdcube. Founded in 2017, Brushbox claims to be the UK’s first oral health subscription box service that is designed… Read More

Stealth Bank: Project Imagine’s First Venture dozens Wants to Be Where You Save Your Money, Plans Crowdfunding Round on Seedrs

dozens, a “new banking and wealth management alternative” wants to be where you save your money. dozens will accomplish this by providing proprietary financial products including a 5% annual interest rate which will make high-interest rates accessible to more people. dozens is placing the money… Read More

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