Tagged: uk

June 29, 2020 @ 9:30 am By JD Alois  |  

LendInvest is one of the most successful Fintechs in the UK. The digital marketplace for property finance has long been profitable – not a common characteristic in the early-stage sector including Fintech. It has been rumoured for some time now that LendInvest is a likely… Read More

June 29, 2020 @ 8:04 am By JD Alois  |  

FinecoBank (BI:FBK), an online trading and banking platform,  has added a suite of funds from Aberdeen Standard Investments (ASI). The company states that with the new funds from ASI, Fineco clients in the UK now have access to a new set of funds. ASI is… Read More

June 28, 2020 @ 7:25 pm By Omar Faridi  |  

UK-based Fintech TransferWise says its partnership with digital bank N26 continues to grow, with the money transfer service now helping the challenger’s customers to send funds to even more countries, including Brazil, Mexico, Singapore, the Philippines, among others. As mentioned on the Fintech firm’s website:… Read More

June 28, 2020 @ 2:07 pm By Omar Faridi  |  

UK-based CapitalStackers, a peer to peer (P2P) lending platform focused on real estate finance, has reportedly repaid £1.4 million (appr. $1.7 million) to investors, despite the socio-economic challenges created due to the global COVID-19 outbreak. CapitalStackers confirmed that it’s planning to introduce an Innovative Finance… Read More

June 28, 2020 @ 1:54 pm By Omar Faridi  |  

UK’s Funding Xchange (FXE), a Fintech that helps people and organizations find suitable business loans and funding options from its marketplace of more than 45 established lenders, is teaming up with Enterprise Nation, a UK-based community of SMBs and advisers that aim to provide a… Read More

June 27, 2020 @ 7:22 pm By Omar Faridi  |  

Fintech firm Lanistar, an alternative financial services provider, has reportedly chosen Jumio’s biometric ID verification technology to complete its customer onboarding process. Lanistar is planning to use Jumio’s software when it launches a polymorphic debit card later this year. The digital ID verification solution will… Read More

June 27, 2020 @ 6:03 pm By JD Alois  |  

Billon Group has received a £50,000 grant to create an immunity certificate platform using distributed ledger technology (DLT). The funding came via a Fast Start Competition by Innovate UK. The goal is to speed up and support workers’ return to a safe workplace. Billon group… Read More

June 26, 2020 @ 9:58 pm By Samantha Hurst  |  

Pass The Keys, a UK-based short let tech platform, has quickly surpassed its initial £500,000 crowdfunding target though its Seedrs campaign. The campaign was launched earlier this week and has already attracted nearly 140 investors. As previously reported, Pass The Keys describes itself as a… Read More

June 26, 2020 @ 4:10 pm By Samantha Hurst  |  

Callaly, a UK-based femcare B-Corp, has quickly secured its initial £1 million equity crowdfunding target on Crowdcube. Callaly describes itself as a new British femcare company based in London named one of the “period-positive startups” revolutionizing the multi-billion pound feminine care industry by the Independent… Read More

June 25, 2020 @ 10:05 pm By Samantha Hurst  |  

Opportunity Network, a digital network that exists to provide equal growth business opportunities to every CEO, has quickly secured its initial £850,000 funding target through equity crowdfunding platform Crowdcube. Founded in 2014, Opportunity Network is an invite-only network for select CEOs and private investors to… Read More

June 25, 2020 @ 9:49 pm By Samantha Hurst  |  

  Pass The Keys, a UK-based short let tech platform, is now seeking £500,000 through its equity crowdfunding campaign on Seedrs. The platform is now offering 5.88% at a £7,997,542 pre-money valuation. Founded in 2015, Pass The Keys describes itself as a London based Airbnb… Read More

June 25, 2020 @ 9:37 am By JD Alois  |  

London based Ziglu, has raised a significant £5.25 million in seed funding from unnamed investors, according to a company release. Ziglu is a crypto to fiat exchange that claims to quickly and competitively exchange currency with cryptocurrency, currently including Bitcoin, Ether, Bitcoin Cash and Litecoin…. Read More

June 24, 2020 @ 12:21 pm By JD Alois  |  

  The London Stock Exchange Group (LSEG) is pushing further into blockchain by incorporating digital assets into its SEDOL Masterfile service, a global security identifier covering 100 million financial instruments. According to the LSEG, as of this week, SEDOL security identifiers have been assigned to 169… Read More

June 24, 2020 @ 11:26 am By JD Alois  |  

UK Fintech Previse has been approved for accreditation by the British Business Bank under the CBILS scheme, according to a note from the company.  An invoice financing platform, Previse recently secured $11 million in funding through an investment round led by Mastercard and Reefknot Investments…. Read More

June 24, 2020 @ 10:16 am By JD Alois  |  

Quant Network, an enterprise blockchain tech firm, and SIA, European payment services business and a subsidiary of CDP Equity, have successfully tested cross-blockchain interoperability between multiple Distributed Ledger Technology (DLT) protocols, according to a company release. The test integrated the Quant Network’s Overledger technology into… Read More

June 24, 2020 @ 7:55 am By JD Alois  |  

Global tech firm Samsung Electronics Co., Ltd has announced a partnership between Samsung Pay, the digital banking Fintech Curve, and Mastercard to launch the Samsung Pay Card. Curve is a Fintech service that allows users to manage and consolidate cards into a single app providing… Read More

June 24, 2020 @ 7:41 am By JD Alois  |  

LendInvest, a property finance marketplace, has introduced a range of updates to its Buy-to-Let product including several special offers available for a limited time.  In a release, LendInvest said it is now offering its two year fixed 75% LTV product at a rate of 3.49%,… Read More

June 23, 2020 @ 7:01 pm By JD Alois  |  

After an extensive regulatory journey, Zopa has been awarded a full bank  license as it transitions from a top online lender to a Fintech offering a growing portfolio of financial services. Zopa Bank will sit alongside its existing peer to peer business (Zopa Limited), as part… Read More

June 23, 2020 @ 7:56 am By Omar Faridi  |  

UK-based Landbay, a buy-to-let mortgage marketplace lender that provides various borrowing opportunities, has reportedly joined the Lender Exchange, in order to streamline its conveyancing process. Lender Exchange has been developed by Decision First. It aims to facilitate effective communication between lenders and solicitors. Lender Exchange’s… Read More

June 22, 2020 @ 5:48 pm By JD Alois  |  

  The clock is ticking for UK based digital asset, or crypto-asset firms operating in the UK to register with the Financial Conduct Authority (FCA). Applications must be submitted by June 30, 2020. In a statement earlier today by the FCA, the agency reminded the… Read More