Tagged: uk

November 30, 2020 @ 9:55 pm By JD Alois  |  

Seedrs continues to update and iterate its secondary marketplace for private securities. As was reported this past summer, Seedrs enabled variable pricing for trading to take place on the market but there were still certain restrictions tied to the last valuation of the company. At… Read More

November 30, 2020 @ 9:31 pm By Omar Faridi  |  

Proptee, a new property investment platform, is planning to launch operations in the UK in January 2021. The platform will aim to connect potential investors with buy-to-let landlords. Proptee will let landlords list various properties on its platform. Investors will be able to acquire shares… Read More

November 30, 2020 @ 12:29 pm By JD Alois  |  

  Mintos, a Fintech that recently closed a securities offering on Crowcube, is reporting that it has set a new record when it comes to an offering for a continental European funding round. The offering has raised €7.2 million in total backed by over 7000… Read More

November 30, 2020 @ 10:50 am By JD Alois  |  

This past summer, Tandem Bank acquired Allium Lending Group, a green finance platform. The targeted lending platform may boost Tandem’s business in the growing interest of ESG finance. In a note distributed by Tandem, the challenger bank says that more than half the UK population… Read More

November 30, 2020 @ 8:21 am By Samantha Hurst  |  

Less than a year after raising £1.37 million on Seedrs, UK fintech GeoDB has returned to the equity crowdfunding platform and has already surpassed its £2 million funding target from nearly 360 Seedrs investors.  As previously reported, GeoDB is a big data marketplace that aims to… Read More

November 30, 2020 @ 6:49 am By Omar Faridi  |  

UK-based Paymentology, a payment tech solutions provider, is reportedly working with banks and financial institutions based in the UAE and the Middle East in order to offer digital payments services. Paymentology claims that its payment services will change and improve the way customers conduct transactions… Read More

November 29, 2020 @ 11:12 pm By Samantha Hurst  |  

  Fnatic, a UK-based esport brand, has successfully secured more than £1.4 million through its equity crowdfunding campaign on Crowdcube. The funding round, which originally sought to raise £1 million, has attracted nearly 3150 Crowdcube investors. Fnatic claims that it is one of the most… Read More

November 29, 2020 @ 10:35 pm By Samantha Hurst  |  

  Primer, a UK-based fintech startup, has raised £14 million through its Series A funding round, which was led by Accel. The investment round comes just a little over six months after Primer secured £3.2 million through its seed funding round, led by Balderton Capital…. Read More

November 29, 2020 @ 4:12 pm By Omar Faridi  |  

Paxful, a leading peer-to-peer cryptocurrency marketplace, recently published the results of a survey performed with assistance from OnePoll on “the state of the financial climate” in the UK. As noted in a blog post by Paxful, sentiments include recent notions about the country’s traditional banking… Read More

November 29, 2020 @ 3:11 pm By Omar Faridi  |  

Amadeo Pellicce, Product Manager at Blockchain.com, a leading crypto wallet provider and blockchain explorer service, notes that last year, they had teamed up with digital asset firm CoinShares to introduce DGLD, a crypto-asset representing allocated physical gold that’s kept securely in a Swiss vault. Pellicce… Read More

November 28, 2020 @ 2:58 pm By Omar Faridi  |  

The UK’s Financial Conduct Authority (FCA) recently announced the benefits of its new data collection platform, called RegData. The FCA noted that RegData would be replacing Gabriel as the regulator’s data collection platform. The FCA confirmed that RegData is “informed by user feedback, is faster,… Read More

November 27, 2020 @ 6:39 pm By Samantha Hurst  |  

UK-based environmentally-friendly product designer and manufacturer PALLITE is set to close its latest equity crowdfunding campaign on Crowdcube with more than £1.3 million raised. The funding round, which has attracted 1100 Crowdcube investors, made its debut earlier this month. Just a little over a year after… Read More

November 27, 2020 @ 4:14 pm By Omar Faridi  |  

Banco Santander S.A. (Santander Group) (BME:SAN), the world’s 16th-largest banking institution and financial services company based in Madrid, introduced PagoFX, its international payments application for UK customers, in April 2020. Santander’s TransferWise competitor PagoFX is now set to expand its coverage into Belgium. There will… Read More

November 27, 2020 @ 1:39 pm By JD Alois  |  

LendInvest, a property finance platform, has been recognized as the BTL [Buy to Let] Lender of the Year at the 2020 National Association of Commercial Finance Brokers (NACFB) awards for the second year in a row. The NACFB is the UK’s trade body for commercial… Read More

November 27, 2020 @ 11:14 am By JD Alois  |  

Challenger bank FinecoBank has expanded its investment offerings once again with a series of funds from Robeco. Account holders will now have access to Robeco’s range of investment products, including a number of products focused in the sustainable sector. FinecoBank says more partnerships are in… Read More

November 27, 2020 @ 10:52 am By Samantha Hurst  |  

UK-based renewable energy platform Ripple has made its return to equity crowdfunding platform Seedrs less than six months after raising £331,220 through its recently closed funding round. The company previously raised £859,787 on Seedrs as well.  As previously reported, Ripple was founded in 2017 and its… Read More

November 27, 2020 @ 6:59 am By Omar Faridi  |  

Germany-based digital insurance firm Getsafe has teamed up with GoCompare as it prepares to firmly establish its presence in the UK markets. Getsafe launched operations in the UK in February 2020 and it’s now planning to make app-based insurance services more accessible to UK residents…. Read More

November 26, 2020 @ 3:24 pm By Omar Faridi  |  

SoftBank-backed Fintech firm OakNorth claims that it has been issuing loans at record levels following the COVID-19 outbreak. Established in 2015, OakNorth was recently valued at $2.8 billion and has managed to achieve profitability. This is not too common for many of the firms or… Read More

November 26, 2020 @ 1:21 pm By Omar Faridi  |  

Fintech firm Stripe is reportedly planning an investment round so that its payment platform and business can be valued significantly higher than the $36 billion valuation it received during its last funding round. According to Bloomberg (which cited sources familiar with the matter), Stripe could… Read More

November 26, 2020 @ 8:56 am By Omar Faridi  |  

Fintech firm TransferWise recently announced that Indonesians and ex-pat workers will now be able to send money from Indonesia to 80 different countries, which includes Australia, Singapore, Japan, US, UK, China (Alipay) — and across Europe as well. TransferWise users are now able to send… Read More