Tagged: uk

Curve Brings Back Limited Edition 18g Red Metal Curve Cards to Existing & New Customers

  Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, announced on Wednesday the return of its limited edition 18g Red Metal Curve cards to existing and new customers. Curve reported that the Red Metal Card… Read More

Paysend Partners with Plaid to Speed Up Digital Transfers

Payments Fintech Paysend has partnered with open banking platform Plaid to speed up bank authentication and money transfer process for international money transfer customers. Paysend’s money transfer service allows users to pay and send using bank or card details. About 90% of transfers arrive in… Read More

Banking and Wealthtech App ikigai is Now Overfunding on Crowdube

ikigai, a banking and Wealthtech company, is now overfunding on Crowdcube after topping its £1.2 million funding target. As of today, ikigai has raised £1.33 million backed by 455 individual investors. ikigai is raising capital at a pre-money valuation of £10.95 million. The Fintech has… Read More

UK’s P2P Lender Blend Network Shares Updates on Property Market, Reports Being on Track for Strong Performance in April

UK-based Blend Network, an online P2P lender, reveals that the average UK house prices “grew by 5.7% year-on-year in March.” Blend Network added in its latest property market report that activity has slowed down from December 2020’s 6-year high growth of 7.3% year-on-year. But price… Read More

Compliance and Data Analytics Firm SteelEye to Address Market Abuse, Communications Monitoring with Lexicon Tech

Compliance tech and data analytics provider SteelEye plans to address market abuse and communications monitoring with lexicon technology. The new tech can reportedly monitor over 6x as many search terms as a typical lexicon. SteelEye’s product has been developed in a manner that adheres to… Read More

Overfunding: Howsy Surpasses £800,000 Funding Target Through Latest Seedrs Campaign

  Howsy, a UK-based rental marketplace platform, has successfully secured its initial £800,000 funding target through its latest equity crowdfunding campaign on Seedrs. The funding round launched just a little over six months after Howsy’s raised £2,346,770 through its previous Seedrs campaign and has so far attracted… Read More

Digital Credit Card App VitraCash Raises Nearly £230,000 Through Equity Crowdfunding Campaign on Crowdcube

  VitraCash, a UK-based digital credit card app, has successfully raised nearly £230,000 through its equity crowdfunding campaign on Crowdcube. The funding round, which recently made its debut on the Crowdcube platform, originally sought to raise £50,000 and has already attracted more than 680 Crowdcube investors. VitraCash… Read More

Curve Adds Autopilot Feature to Automate Certain Activities

Curve, a smart card and Fintech app, has added a series of “Autopilot” features designed to help customers better their money management. Based in the UK, Curve is currently live in 31 markets across the UK and Europe and plans to launch in the US… Read More

UK Jurisdiction Taskforce of LawtechUK Publishes Rules for Dispute Resolution for Crypto, Blockchain

The UK Jurisdiction Taskforce of LawtechUK (UKJTL), chaired by Sir Geoffrey Vos, Master of the Rolls, has published its Digital Dispute Resolution Rules addressing legal disputes relating to digital technology such as crypto assets, smart contracts, and blockchain applications. The document was drafted following a… Read More

Draper Esprit Shares Year End Update

Draper Esprit (LSE:GROW), a publicly-traded venture capital firm that has invested in multiple Fintechs, has distributed a full year update for the year ending March 31, 2021. Draper Esprit states that the “fair value growth in the period reflects strong performance across the breadth of… Read More

Payments Platform Wirex Adds Location Information to Transactions in Partnership with Snowdrop

  Digital payments platform Wirex announced on Monday it has teamed up with Snowdrop Solutions to introduce location-enriched transaction services. According to Wirex, the service enables cardholders to readily see exactly where their transactions take place and provide a “greater level of transparency” for those transactions…. Read More

UK SMEs to Spend Nearly £100K to Expand Operations in 2021, Small Businesses Showing Recovery Signs after COVID: Report

Research from Aldermore bank suggests that there are some signs of recovery for SMEs, as they announce plans to make investments in their businesses in the coming year, a move that has come after the easing of nationwide lockdowns in the UK. SMEs intend to… Read More

London Regtech ComplyAdvantage Releases Report Noting that Firms Update Risk Enterprise-Wide Assessments to Account for Digitization Trends

London-based ComplyAdvantage, a company that offers real-time financial crime insight that “puts you in control,” notes that the European Union has introduced a strategy to deal with  organized and financial crime and the US recently imposed new sanctions on Russia. While sharing recent financial crime… Read More

Update: Communication Platform YEO Messaging’s Equity Crowdfunding Campaign Nears £730,000 During the Final Days on Seedrs

    Yeo Messaging, a UK-based next-generation communication platform, is now nearing £730,000 through its equity crowdfunding campaign on Seedrs. The funding round, which originally sought tor raise £500,000, has attracted more than 515 Seedrs investors. As previously reported, YEO states its solution is for private messaging connecting… Read More

Fintech Monese, which Offers Mobile App Alternative to Banking, Joins UK’s Late-Stage Growth Program, Future Fifty 9.0

Earlier this week, Monese revealed that they have joined Future Fifty 9.0 which is the UK’s leading late-stage growth program. The Monese team noted in a blog post: “We’re excited to announce we’ve been chosen as one of the UK’s leading late-stage tech companies and… Read More

London’s Moneyfarm, a Wealth Management Fintech, Reveals Q1 2021 Saw Slow Return to Economic Normality

London-based Moneyfarm, a company providing wealth management services “designed around you,” notes that at the end of every quarter, their investors are provided a complete report outlining the performance of their portfolios. Moneyfarm writes in a blog post update that these reports come with comprehensive… Read More

UK Fintech Freetrade Survey Reveals that Brits Struggled with Financial Literacy Questions on ISAs, Retirement Planning

A recent research study has found that a lack of proper financial education has left consumers across the UK a bit confused with how to manage their funds. The study reveals that UK residents may be dealing with detrimental effects on their confidence, mental well-being… Read More

London based Fintech Tide Reveals that UK Remains Popular Destination for EU Company Founders

The United Kingdom remains a popular destination for EU-based company founders, according to a blog post recently published by UK-based challenger bank Tide. Brexit might have “severed” the UK’s political ties to the continent, however, it does not appear to have negatively impacted the UK’s… Read More

UK Fintech Pollinate Says Financial Tech Firms Aren’t a Niche Market, as They Underpin Digital Financial Services

The United Kingdom has been touted as a world leader in Fintech, and it also has the “accolades” to back this position, according to a blog post by London-based Pollinate, a global software business that teams up with banks to assist them with deepening and… Read More

UK Cross-Border Payments Fintech Currencycloud Appoints Former Goldman Sachs Exec to Lead APAC Expansion

London-based Currencycloud, an established provider of B2B embedded cross-border solutions, recently revealed that it has launched an Asia Pacific (APAC) headquarters in Singapore. Currencycloud‘s new business office, based in Raffles Quay, will act as a hub to help the UK-headquartered Fintech with expanding operations across… Read More

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