Tagged: uk

August 13, 2021 @ 10:08 am By JD Alois  |  

Quotall, an Insurtech that provides a market for providers, is raising growth capital on Seedrs. Investors may purchase equity at a pre-money valution of £15.1 million. The securities offering secondary market approved so backers may access liquidity following the funding round. The offering is also… Read More

August 13, 2021 @ 8:17 am By Omar Faridi  |  

Appital, the equity capital marketplace, reveals that it has acquired £2.5 million in capital from Frontline Ventures and a number of “seasoned” capital markets angel investors to bring tech innovation and automation to the equity capital markets. This should help with improving efficiency. The proceeds… Read More

August 12, 2021 @ 10:56 am By JD Alois  |  

Zilch, a buy now – pay later (BNPL) Fintech, has acquired NepFin in a move to expand the company’s offerings in the United States. The terms of the deal were not disclosed. Neptune Financial, or NepFin, is a commercial lending Fintech that provides debt funding… Read More

August 12, 2021 @ 8:48 am By JD Alois  |  

London-based BPC banking technology is reporting that PPCBank in Cambodia has is now using its SmartVista platform. SmartVista is being utilized to centralize their payment switching activity, manage and monitor their ATM and POS networks. The bank says that it is responding to the country’s… Read More

August 12, 2021 @ 8:34 am By Omar Faridi  |  

AstroPay, a provider of online payment solutions, has introduced its digital payment service for the European markets, after a period of steady growth for the business which has seen its users and merchants increase significantly. Established in 2009, AstroPay has been offering payment solutions to… Read More

August 12, 2021 @ 8:15 am By Omar Faridi  |  

The team at Tel Aviv-based Shield, an established Regtech firm, reveals that they’re introducing their powerful Alert Transparency capabilities, bringing “unmatched” understanding to compliance alerts and triggers via AI, Natural Language Processing (NLP), and various other backend technologies. As regulatory authorities throughout the world aim… Read More

August 11, 2021 @ 2:20 pm By Priyanka Pani  |  

The UK government plans to create a digital identity trust framework using modern technology to make verification faster and easier for its citizens. The government had first published the trust framework in February this year.  The UK government has created the framework by conducting extensive online surveys,… Read More

August 11, 2021 @ 11:30 am By Omar Faridi  |  

Fraxtor Private Ltd, an online real estate platform, has acquired in-principle approval for its Capital Markets Services (CMS) license by the Monetary Authority of Singapore (MAS). The CMS License, after it’s issued, should allow Fraxtor to issue security tokens including debentures and collective investment schemes… Read More

August 11, 2021 @ 8:53 am By Omar Faridi  |  

The team at Fintech Kroo notes that they say “money talks,” but how loud does £17.7 million “speak?” After hours of “great conversations” with potential investors, company CEO Andrea De Gottardo is pleased to share her excitement with everyone. Kroo has raised £17.7m through its… Read More

August 10, 2021 @ 11:24 pm By Omar Faridi  |  

Refinitiv, one of the largest providers of financial markets data and infrastructure globally, reveals that the EPIC Platform from GIACT and World-Check are now together and accessible through a single API. As mentioned in a release, the integration brings together the risk intelligence from World-Check… Read More

August 10, 2021 @ 10:15 pm By Omar Faridi  |  

Juniper Research recently published a whitepaper titled, “Cash is No Longer King: How Contactless Payments are Becoming the Norm.” The paper from Juniper Research notes that bricks-and-mortar retailers are now “under pressure” to provide increasingly “frictionless” shopping experiences. Consumers have started expecting quick, secured, and… Read More

August 10, 2021 @ 10:35 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Monday (August 9) that for the week ending Agusut 8,… Read More

August 9, 2021 @ 3:41 pm By Omar Faridi  |  

Bitcoin’s (BTC) usage growth during the last 10 years has been “strong” and “steady,” and on this journey, from its “humble” beginnings, the flagship crypto has progressed through various phases of “differing usage,” according to a new report from CoinShares. Starting as a “worthless geeky… Read More

August 9, 2021 @ 1:49 pm By Omar Faridi  |  

WealthKernel, a Wealthtech solution provider for digital investment services, reveals that the US halal (Islamic) and ethical-focused investment company, Wahed, has now migrated its investment offering to WealthKernel’s “trusted” APIs. Wahed had teamed up with WealthKernel back in 2017 in order to use its white-label… Read More

August 9, 2021 @ 8:52 am By Omar Faridi  |  

Paysme, a Fintech platform for small businesses, has announced its £1 million round via the private capital platform Globacap in order to expand what the company claims is Europe’s very first B2B “Super App.” Paysme is working closely with payment service providers such as Barclays,… Read More

August 8, 2021 @ 7:00 pm By Omar Faridi  |  

We recently connected with Yair Benyamini, CEO and Co-Founder of Lendai. Founded during the COVID-19 crisis, the disruptive digital-first lender allows foreign and non-resident investors to buy US properties through an online mortgage approval process that takes around one week. According to Lendai, this is… Read More

August 8, 2021 @ 12:29 pm By Omar Faridi  |  

TiPJAR, which is a global cashless tipping platform designed for hospitality staff & other tipped workers, has secured £692,780 of its £400,000 target from 370 investors via Crowdcube. The company reports an £11,000,000 pre-money valuation, £5.92 share price, and 5.92% equity. There are now 27… Read More

August 7, 2021 @ 2:17 pm By Omar Faridi  |  

The team at UK-based Blend Network, a peer-to-peer lending platform, notes that it’s “no secret” that the country suffers from a “structural under-supply” of housing. Blend Network writes in a blog post that the UK government has said it’s committed to providing 300,000 homes every… Read More

August 7, 2021 @ 10:57 am By Omar Faridi  |  

The team at Blockchain.com, a leading crypto wallet provider, trading platform, and block explorer service, has shared their August Market Outlook report, titled, The Final Crypto Adoption Frontier. Bitcoin or BTC adoption as an investment asset began with what is “often characterized as ‘retail’ (smaller… Read More

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

UK’s easyMoney, the investment platform from Sir Stelios Haji-Ioannou’s easy family of brands that claims that it has “never lost a penny on its loans,” notes that investment in individual savings accounts or ISAs “continues to grow despite low interest rates.” The company questions whether… Read More