Tagged: uk

February 19, 2021 @ 1:54 pm By Samantha Hurst  |  

Carverter, a UK-based company that enables customers to find & lease the perfect hybrid or electric vehicle (EV), is set to close its equity crowdfunding campaign on Seedrs with more than £2.32 million secured from nearly 315 Seedrs investors.  As previously reported, Carverter claims it offers every… Read More

February 19, 2021 @ 10:44 am By Oliver Woolley  |  

Social media-hyped stocks took a beating on 18th February, with shares of game retailer GameStop (NYSE:GME) closing at around $40. The share price dove from an all-time high of $483 earlier this month, ending a wild ride for amateur investors still holding their position. The… Read More

February 19, 2021 @ 9:22 am By JD Alois  |  

Brickowner, a property investment platform, has launched a secondary market for securities purchased on their site. Investors may now buy and sell their securities for properties funded on the Brickowner platform. The London-based investment site said this brings liquidity to investments that originated on their… Read More

February 18, 2021 @ 11:21 pm By Omar Faridi  |  

Stock trading volumes in Hong Kong have reportedly increased by as much as 4x compared to those on London’s main stock exchange, as large tech stocks continue to attract investors from other jurisdictions. Some have referred to Hong Kong’s stock trading as the “Nasdaq of… Read More

February 18, 2021 @ 9:18 pm By Samantha Hurst  |  

  Just a couple of months after securing $95 million through its Series F funding round, UK-based payments platform GoCardless has announced the opening of its New York City office. According to GoCardless, the new office will be led by Nanna Saito Nielsen, VP of… Read More

February 18, 2021 @ 10:50 am By JD Alois  |  

Earlier this week it was reported that Monzo was asking the UK government to make available gambling blocks for everyone. Monzo said that around two million people in Britain are experiencing harm caused by gambling. Today it was announced that Monzo and TrueLayer are partnering… Read More

February 18, 2021 @ 10:34 am By JD Alois  |  

LendInvest, a digital property finance platform, has issued a new range of Buy-to-Let products. The Fintech says it has reduced rates across its five-year fixed rate BTL range, with its 65% LTV product now available at 3.29% with a maximum loan of £1.5 million. Additionally,… Read More

February 18, 2021 @ 8:10 am By Omar Faridi  |  

After disrupting the world of finance, particularly how cross-border transactions are settled, TransferWise Co-founder Taavet Hinrikus says he wants to develop solutions to combat the COVID-19 pandemic. Hinrikus confirmed that he’s launching a new startup called Certific, which will be focused on improving the overall… Read More

February 17, 2021 @ 10:33 pm By Omar Faridi  |  

Digital banking platform Revolut has launched a financial app that has been developed specifically for kids. The Fintech app is controlled by the child’s parent or their legal guardian so that they are able to monitor how the tools are being used. This new app… Read More

February 17, 2021 @ 3:28 pm By Samantha Hurst  |  

  Blockchain.com, a UK-based cryptocurrency wallet and exchange, announced on Wednesday it raised $120 million through its latest strategic growth investment round led by macro investors, which included include Moore Strategic Ventures (Louis Bacon), Kyle Bass, Access Industries, Rovida Advisors, Lightspeed Venture Partners, GV (aka Google Ventures), Lakestar, and Eldridge. Founded in 2011,… Read More

February 17, 2021 @ 2:31 pm By Samantha Hurst  |  

UK-based equity crowdfunding platform Crowdcube celebrated its tenth birthday on Tuesday.  As previously reported, Crowdcube describes itself as a leading equity crowdfunding platform for entrepreneurs of startups and growing businesses to connect with potential investors. The portal notably is dedicated to helping UK entrepreneurs raise funds… Read More

February 17, 2021 @ 8:27 am By Samantha Hurst  |  

PayDashboard, a UK-based interactive payslip platform, announced on Wednesday the launch of its new financial wellbeing marketplace, Moneysmart. According to PayDashboard, the marketplace smart matches consumers with a range of suitable financial products and services based on their lifestyles, attitudes to money and financial situations…. Read More

February 17, 2021 @ 8:22 am By Omar Faridi  |  

Cloud-based clearing bank ClearBank will be offering access to the United Kingdom’s Faster Payments network, allowing payments that would normally take three working days to be settled within minutes. Cloud-powered ClearBank will be teaming up with Manchester Credit Union in order to streamline digital payment… Read More

February 16, 2021 @ 3:44 pm By Samantha Hurst  |  

  Lumio, a UK-based personal financing app, has successfully surpassed its initial £250,000 funding target through its equity crowdfunding campaign on Crowdcube.  Founded in 2017, Lumio describes itself as a “intelligent financial mentor” that uses tailor-made technology grow money around the app user’s lifestyle within minutes. “Lumio… Read More

February 16, 2021 @ 11:13 am By Samantha Hurst  |  

  Percayso, a UK-based insurance intelligence provider, has successfully secured its minimum £400,000 funding target through its crowdfunding campaign on Seedrs. The funding round has so far attracted nearly 150 Seedrs investors. Founded in 2018, Percayso states its insurance intelligence goes beyond traditional data enrichment by… Read More

February 16, 2021 @ 10:33 am By Samantha Hurst  |  

  UK challenger bank Monzo announced on Monday it is asking the UK government to make are the country’s citizens may have access to gambling blocks. According to Monzo, around two million people in Britain are experiencing harm caused by gambling, which includes getting into… Read More

February 16, 2021 @ 8:37 am By JD Alois  |  

Lending-as-a-service (LaaS) platform Trade Ledger has raised £13.5 million in a Series A funding round led by Point72 Ventures – a VC firm founded by billionaire Steven Cohen. Alex Tarhini, Operating Partner at Point72 Ventures will be joining the board of the firm. Trade Ledger… Read More

February 16, 2021 @ 8:20 am By Omar Faridi  |  

iwoca, an established European small business lender, has announced its UK-first integration with leading SME platform Xero. Integrating iwocaPay – iwoca’s invoice checkout – into Xero’s platform, will “for the first time provide small businesses with a Pay Later option for their business customers,” according… Read More

February 16, 2021 @ 8:19 am By Samantha Hurst  |  

    Atom Bank, a UK-based mobile bank, announced on Tuesday it has joined forces with UK fintech Plaid  to roll out open banking services to its customers, beginning with offering small business owners a new loan application journey and speedier decisions. “Initially Plaid will… Read More

February 15, 2021 @ 9:45 pm By Omar Faridi  |  

Payments platform Adyen (AMS:ADYEN) notes that the COVID-19 outbreak has accelerated consumers’ adoption of digital platforms and services. Technically “timid” grandparents have also become a lot more comfortable with video conferencing in a post COVID world, the Adyen team writes in a blog post. People… Read More