Tagged: uk

May 13, 2021 @ 10:40 am By JD Alois  |  

In a digital world, physical cash still counts. A lot, according to UK regulators. A speech delivered today by Sheldon Mills, Executive Director for Consumers and Competition at the Financial Conduct Authority (FCA), he revealed that 5 million individuals still count on the pound sterling… Read More

May 13, 2021 @ 9:03 am By Omar Faridi  |  

Property investment marketplace CrowdProperty has reportedly launched its Australia-based division in order to support property development in the country. David Ingram has been appointed as the Chief Executive for CrowdProperty’s business operations in Australia. CrowdProperty has issued over £100 million in loans to UK-based property… Read More

May 13, 2021 @ 8:56 am By JD Alois  |  

FinecoBank (BI:FBK), a Fintech that offers a single account with banking, trading, and investment services, says new accounts have jumped in recent months. According to a note from the bank current accounts have increased by approximately 50% from the end of 2020 to April 2021…. Read More

May 13, 2021 @ 7:55 am By Omar Faridi  |  

CapitalRise, the dedicated prime property investment platform, revealed on Thursday (May 13, 2021) that it has managed to return over £50 million to investors since launching its operations. According to a release shared with Crowdfund Insider, CapitalRise provided “an average return of 9.2 percent per… Read More

May 12, 2021 @ 11:17 pm By Omar Faridi  |  

London-based Napier, a provider of anti-financial crime compliance solutions, has revealed that it will be offering ClearBank, the Cloud-powered clearing bank, with its Transaction Screening system. As a purpose-built, tech-enabled clearing bank, ClearBank provides Cloud-based banking services to financial service providers, FCA-regulated companies and Fintech… Read More

May 12, 2021 @ 9:32 am By JD Alois  |  

Manuel Silva Martinez, General Partner at Mouro Capital, says that concerns about the UK venture capital industry is entirely unfounded. In the UK, venture firms are the most common equity investors in early-stage UK companies. VCs top both investment crowdfunding platforms as well as individual… Read More

May 12, 2021 @ 8:16 am By JD Alois  |  

  LendInvest, a property finance Fintech, is working with Homes England to finance and build 500 apartments in Ashford, Kent. Kings Crescent Homes is the build and the project is expected to cost £90 million. Construction is expected to start immediately to bring into use… Read More

May 12, 2021 @ 7:36 am By Omar Faridi  |  

UK’s Tide, an established business financial platform, and Sage, a provider of Cloud business management software, revealed on Wednesday (May 12, 2021) that they’ve teamed up to offer integrated banking and accounting solutions to Tide members. Developed specifically for users taking their initial steps towards… Read More

May 11, 2021 @ 2:23 pm By Samantha Hurst  |  

    Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, announced on Tuesday it is planning to launch an equity crowdfunding campaign on Crowdcube.  As previously reported, Curve is on a mission to simplify the… Read More

May 11, 2021 @ 9:28 am By JD Alois  |  

Zumo, a crypto wallet and payments Fintech based in Edinburgh, Scotland, has announced ZumoKit – a crypto as a service platform. The new B2B product is targeting Fintechs and financial institutions that wish to offer cryptocurrencies in a compliant way to meet the demand of… Read More

May 11, 2021 @ 9:13 am By JD Alois  |  

Scottish Equity Partners has invested in FundApps, a UK-based Regtech, for an undisclosed amount according to a note from the company. FundApps is described as a “compliance-as-a-service” (CaaS) business, that improves the way investment managers deal with the regulatory burden by combining cloud technology, regulatory… Read More

May 11, 2021 @ 7:44 am By Omar Faridi  |  

Railsbank, an established Banking-as-a-Service (BaaS) platform, has teamed up with RationalFX, a UK payments and foreign exchange provider. Through the partnership with Railsbank, RationalFX will be strengthening its product offering in European markets. Railsbank now offers ledger and payment services that will allow RationalFX’s clients… Read More

May 11, 2021 @ 7:41 am By Omar Faridi  |  

Digital bank Revolut, one of the fastest-growing Fintechs with over 15 million customers, revealed on May 11, 2021, that it has integrated with Elliptic, a provider of digital asset risk management and blockchain analytics software. This partnership should allow Revolut to expand its cryptocurrency offering…. Read More

May 11, 2021 @ 1:23 am By Omar Faridi  |  

Finastra, a financial services software and Cloud-enabled solutions provider, has decided to extend its partnership with Be | Shaping the Future, a global group offering consulting, IT and digital engagement services to the financial services sector. The partnership extension should see Be offering managed services… Read More

May 11, 2021 @ 12:17 am By Omar Faridi  |  

Insig AI, an AI and machine learning firm serving the asset management sector, has officially introduced its services (May 10, 2021), after the company’s listing on the AIM London Stock Exchange. Insig AI is a data science and machine learning (ML) solutions provider that offers… Read More

May 10, 2021 @ 11:10 am By JD Alois  |  

Regtech ALT/AVE is leveraging Hedera Hashgraph to target paper waste within the financial services industry. According to a note from the company, their new service docStribute has been launched to distribute mandatory, regulated documents to customers, offering an alternative to sending documents to customers via… Read More

May 10, 2021 @ 9:32 am By Samantha Hurst  |  

  Expend, a UK-based AI-powered fintech, has successfully secured its initial £500,000 funding target through its equity crowdfunding campaign on Seedrs. The funding round, which recently made its debut, has already attracted more than 100 Seedrs investors. Founded in 2016, Expend claims it has steadily grown its customer… Read More

May 10, 2021 @ 7:07 am By Omar Faridi  |  

Fronted, the rental deposit lending company, has reportedly secured more than £1 million as part of a debt and equity deal, which increased the firm’s total funds raised to £2 million. Co-founders of UK-based banking challenger Monzo, Paul Rippon and Gary Dolman, who were serving… Read More

May 9, 2021 @ 10:51 pm By Samantha Hurst  |  

Alphagreen, a European CBD marketplace, is set to close its equity crowdfunding campaign on Seedrs with more than £1.9 million raised. Originally seeking £1 million, the investment round has already attracted over 560 Seedrs investors.  As previously reported, Alphagreen Group describes itself as a high-growth technology and pharmaceutical… Read More

May 7, 2021 @ 11:17 pm By Omar Faridi  |  

UK Finance (a trade association for the UK banking and financial services sector that represents around 300 firms in the UK providing credit, banking, markets and payment-related services), Which? (an organization that reviews products and services, so that you “make the best purchase decisions” for your… Read More