Tagged: uk

March 10, 2020 @ 9:38 pm By Samantha Hurst  |  

Less than two weeks after launching its equity crowdfunding campaign on Seedrs, UK fintech GeoDB’s funding round has already surpassed £1.2 million from 435 Seedrs investors. As previously reported, GeoDB was co-founded in 2018 by Chairman Francisco Gordillo and CEO Sacha Gordillo. The platform describes… Read More

March 10, 2020 @ 10:06 am By Samantha Hurst  |  

Zurich UK, a company that provides a suite of general insurance and life insurance products to retail and corporate customers, announced on Tuesday it is now working with U.S. data group Carpe Data to improve claims processing efficiency and fight fraud. Zurich UK reported that… Read More

March 10, 2020 @ 9:30 am By JD Alois  |  

Fintech Zopa is celebrating 15 years of operation. Founded in 2005, Zopa was the one platform to launch an entire sector of Fintech as it became the first peer to peer lending platform in the UK. Today, Zopa still offers online lending in a more… Read More

March 10, 2020 @ 7:56 am By JD Alois  |  

Instanda, a customer and policy management platform for the insurance industry, has raised $19.5 million in a Series A fundraising round. According to the company, the funding round was led by Assembly Capital Partners the investment will support the firm’s international expansion in the United… Read More

March 10, 2020 @ 7:44 am By JD Alois  |  

The former CBRE Senior Director and Head of Loan Advisory, Anurag Sharma, has joined LendInvest as Fund Manager. LendInvest is a profitable UK Fintech that has created a marketplace for property finance. According to LendInvest,  Anurag has worked with the company in an advisory capacity… Read More

March 10, 2020 @ 7:38 am By JD Alois  |  

Digital Bank Revolut has added “Perks” to all UK customers according to a company release. Perks is a loyalty feature offered by the bank providing cashback and discounts on various branks. These include travel related offers, food and beverage, fitness and more. Revolut customers “unlock”… Read More

March 10, 2020 @ 7:29 am By Omar Faridi  |  

London-headquartered Argent, a digital asset wallet provider that integrates the services of several decentralized finance (DeFi) platforms, including Maker and Compound, has secured $12 million through a Series A investment round. Argent’s funding round was led by San Francisco-based Paradigm, a leading crypto asset investment… Read More

March 10, 2020 @ 1:04 am By JD Alois  |  

MoneyNetint, an international payment solutions provider, has partnered with AFEX, a large foreign exchange specialists. According to a release distributed by Moneyint, the partnership will “enhance MoneyNetint’s capabilities and allow it to offer a wider range of services to its corporate clients.” MoneyNetint reports that… Read More

March 9, 2020 @ 12:43 pm By Samantha Hurst  |  

Self-proclaimed Airbnb for boats, Borrow A Boat, has extended its latest equity crowdfunding campaign on Crowdcube. The funding round launched last month, seeking £1.5 million and so far has raised more than £1.3 million. As previously reported, the Borrow A Boat platform was launched in… Read More

March 9, 2020 @ 10:43 am By JD Alois  |  

SyndicateRoom, once a securities crowdfunding platform and now an early-stage venture fund, has announced a forthcoming “modest increase” in the Access EIS Fund fees. The new fees will kick in on March 18, 2020. If you invest prior to that date, you lock in at… Read More

March 9, 2020 @ 10:25 am By Samantha Hurst  |  

Argent, a UK-based crypto wallet platform, announced on Monday it secured $12 million through its Series A funding round, which was led by Paradigm with participation from Index Ventures, Creandum, and firstminute. Launched in 2018, Argent claims it built the first crypto wallet with the… Read More

March 9, 2020 @ 8:17 am By Samantha Hurst  |  

allplants, a “vegan delivery company,” closed its equity crowdfunding campaign on Seedrs with a total of £3,461,657 secured. Felix Capital, the venture fund behind GOOP and Deliveroo, also reportedly participated in the round, alongside Simon Nixon (ex-CEO of MoneySupermarket.com) of Seek Ventures. They are joined… Read More

March 8, 2020 @ 11:10 pm By Samantha Hurst  |  

UK-based peer-to-peer lending startup Elfin Market is set to close its equity crowdfunding campaign on Seedrs with more than £700,000 secured. The funding round was launched in January and quickly surpassed its initial £400,000 funding target. Elfin is currently offering 5.80% in equity through the… Read More

March 8, 2020 @ 4:05 pm By Omar Faridi  |  

The Fintech Alliance has introduced a new program via its platform, called the Fintech Alliance Mentoring Hub. The hub will help financial technology industry leaders connect with startup founders, entrepreneurs and other professionals who want to gain more experience and move up the career ladder… Read More

March 8, 2020 @ 12:51 pm By Omar Faridi  |  

London-based Fintech firm Finastra has revealed that its customers will be able to Active.Ai‘s conversational artificial intelligence (AI)-based retail banking app, which was integrated with the FusionFabric.cloud platform. Active.Ai is now accessible via the FusionStore. Finastra is now offering banks and its credit union customers… Read More

March 7, 2020 @ 6:58 pm By Omar Faridi  |  

Glasgow-headquartered AutoRek, a firm that provides financial controls and regulatory reporting software, has teamed up with Nationwide to offer a data management solution and cloud-powered financial controls for a three-year period, with a two-year extension plan. Gordon McHarg, managing director at AutoRek, stated: “I am… Read More

March 6, 2020 @ 9:28 pm By Samantha Hurst  |  

Emma, a UK-based fintech startup, announced on Thursday it secured $2.5 million through its latest round of funding, which was led by Connect Ventures. As previously reported, Emma has created a banking app specifically for millennials (iOS and Android), which is described as a mobile-only… Read More

March 6, 2020 @ 8:39 am By Samantha Hurst  |  

Savvy Navvy, a UK-based marine navigation mobile app, closed its equity crowdfunding campaign on Seedrs with more than £600,000 secured from 550 investors. As previously reported, Savvy Navvy stated it is working to build “the best” navigation solution for sailors worldwide. The company further explained:… Read More

March 6, 2020 @ 7:59 am By Omar Faridi  |  

The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), recently warned local consumers about the operations of the Bitcoin Mercantile Exchange (BitMEX), a virtual currency derivatives exchange. According to a notice published by the FCA on March 3, 2020, the independent financial regulator noted… Read More

March 6, 2020 @ 7:09 am By Omar Faridi  |  

Denmark-based Insurtech company Penni.io has reportedly secured €2 million in funding from three major Nordic region insurance industry participants. The firm is planning to use the capital raised to expand its operations across Europe and globally. Established in 2016, Penni.io aims to assist insurance companies,… Read More