Tagged: uk

April 26, 2020 @ 10:24 pm By Samantha Hurst  |  

Mr Lee’s Pure Foods, a UK-based foodtech that is creating premium health noodles-in-a-cup and soon to be launched instant Congee Asian rice porridges, successfully secured its initial £1.75 funding target through its equity crowdfunding campaign on Seedrs.  As previously reported, Mr Lee’s claims to be a… Read More

April 26, 2020 @ 8:35 pm By Omar Faridi  |  

Michael Hoare, chief credit officer at UK-based RateSetter, a leading peer to peer (P2P) lender,  recently explained what impact the Coronavirus (COVID-19) pandemic could have on the lending market and what it might mean for credit risk. Hoare is tasked with overseeing the management of… Read More

April 26, 2020 @ 7:01 pm By JD Alois  |  

  The British Business Bank has announced multiple new lenders added to the Coronavirus Business Interruption Loan Scheme (CBILS). Today, the British Business Bank has revealed the approval of the Allied Irish Bank (GB)/AIB (NI), ThinCats, Paragon Bank and IGF. These four lenders will join… Read More

April 24, 2020 @ 10:18 pm By Samantha Hurst  |  

NatWest, Royal Bank of Scotland and Ulster Bank announced earlier this week the introduction of a new “companion card,” which is described as a supplement to their existing current accounts that will enable vulnerable customers and those in extended isolation to give trusted volunteers a… Read More

April 24, 2020 @ 5:21 pm By JD Alois  |  

Earlier this week, HM Treasury announced updated relief programs designed to help early-stage firms that may not have been eligible for previously announced COVID-19 economic support programs. At the time of the announcement, Chancellor of the Exchequer Rishi Sunak said the additions would help power… Read More

April 24, 2020 @ 5:20 pm By Samantha Hurst  |  

Ayoa, an intelligent digital workspace for remote teams to manage meetings, build plans, and action tasks, is now seeking to raise £1 million through its equity crowdfunding campaign on Seedrs. Launched in 2019, Ayoa claims to be the first all-in-one tool for idea generation, collaboration,… Read More

April 24, 2020 @ 1:43 pm By JD Alois  |  

  Seedrs is unique in the fact it has created a viable secondary marketplace for crowdfunded securities. While still rather small, where other platforms have struggled Seedrs has incorporated an effective trading platform that continues to iterate, evolve, and expand thus providing an element of… Read More

April 24, 2020 @ 12:09 pm By JD Alois  |  

While most asset classes have been pummeled by the COVID-19 virus, AxiaFunder‘s crowdfunding platform is providing access to a non-correlated investment class that is unique when it comes to online capital formation. Founded in 2019, AxiaFunder is the UK’s first for-profit litigation funding platform. Basically,… Read More

April 24, 2020 @ 9:49 am By Samantha Hurst  |  

Less than a year after raising £1,594,138 through its previous Seedrs round, The Cheeky Panda, a 100% ultra sustainable, low carbon, bamboo tissue product brand,  has returned to the equity crowdfunding platform and has already more than DOUBLED its £750,000 funding target prior to launching… Read More

April 24, 2020 @ 8:49 am By Omar Faridi  |  

Fintech firm Currencycloud has introduced a new API that offers SWIFT GPI tracking of international payments. Previously, the only entities providing cross-border transaction tracking services were banking institutions. Currencycloud aims to enter this market, and plans to make payment tracking as straightforward as tracking packages…. Read More

April 24, 2020 @ 1:07 am By Omar Faridi  |  

UK-based digital bank Monzo has been planning to enter the US market for a fairly long time. A beta launch in the US was announced in late 2019. The banking challenger, which has been valued at over $1 billion, has managed to almost double its… Read More

April 23, 2020 @ 10:49 am By Samantha Hurst  |  

UK-based digital lender Capital on Tap announced on Thursday it has joined forces with financial API provider TrueLayer to increase the speed of SME loan access. Capital on Tap reported that the integration will enable its customers to benefit from “open banking” by increasing underwriting… Read More

April 23, 2020 @ 8:01 am By Samantha Hurst  |  

Banking and finance industry organization UK Finance announced on Thursday that its latest data revealed more than £2.8 billion has been lent to SMEs so far through the Coronavirus Business Interruption Loan Scheme (CBILS). The organization reported that total lending under CBILS has doubled in… Read More

April 23, 2020 @ 7:45 am By Samantha Hurst  |  

  Common Objective, a global B2B fashion sourcing and information platform, has successfully secured its initial £350,000 funding target through equity crowdfunding platform Crowdcube. Founded in 2016, Common Objective (CO) describes itself as an online platform that uses personalization and matching technology to connect buyers… Read More

April 23, 2020 @ 7:38 am By Omar Faridi  |  

gohenry, the provider of a debit card and Fintech app with special parental controls for children between the ages of 6-18, has now surpassed the one million customer milestone. As noted in a release shared with Crowdfund Insider: “Following years of accelerated growth since its… Read More

April 23, 2020 @ 2:37 am By Omar Faridi  |  

UK-based Applied Blockchain, an enterprise-grade blockchain or distributed ledger tech (DLT) solutions provider, has secured £2 million (appr. $2.5 million) in capital through a new funding round. The company’s investment round was led by QBN Capital, a Hong Kong-headquartered venture capital company. Applied Blockchain’s management… Read More

April 22, 2020 @ 5:01 pm By Samantha Hurst  |  

The UK Government has announced the 2020 winners of the Queen’s Awards for Enterprise in West of England. The award is given for outstanding achievement by UK businesses in the categories of: Innovation: invention, design or production of goods; performance of services; marketing and distribution;… Read More

April 22, 2020 @ 2:24 pm By JD Alois  |  

EstateGuru is a peer to peer lender based in Estonia that has grown to over 46,000 investors from 106 countries originating more than €200 million in loans to date. The debt-based crowdfunding platform is now preparing to raise capital via Seedrs – and the offering… Read More

April 22, 2020 @ 10:01 am By JD Alois  |  

Rangewell, a firm that works with UK SMEs and their advisors to help them find, compare, and apply for business finance, has published another 0pen letter directed to Chancellor of the Exchequer Rushi Sunik. Late last month, Rangewell published a different open letter addressing the… Read More

April 22, 2020 @ 8:49 am By JD Alois  |  

UK based Fintech Curve has updated a feature known as “Go-Back-In-Time.” The feature enables users to move charges from one card to another within a two-week window. Today, Curve is announcing the ability to switch payments made up to 3 months ago. Curve says this… Read More