Tagged: uk

November 14, 2019 @ 1:51 pm By Omar Faridi  |  

Plum, an artificial intelligence (AI)-enhanced smart savings application, has raised around $3 million via its second investment round, bringing the company’s total funds raised to approximately $9.3 million. Plum recently introduced its new Android app, which extends the firm’s digital offering across Facebook Messenger and… Read More

November 14, 2019 @ 10:12 am By JD Alois  |  

Tandem Bank has hired the former HSBC Head of Banking Products Kunal Malani as Chief Growth Officer. The appointment comes at a time when the challenger bank is planning an expansion into Hong Kong. Ricky Knox, Tandem Bank CEO, said he was delighted to bring… Read More

November 14, 2019 @ 2:19 am By JD Alois  |  

Norton Motorcycles, the 121-year-old legendary British motorcycle company, is planning to raise capital on Crowdcube. Norton Motorcycles UK Ltd is seeking £1 million to help fill product pipeline orders and to continue to innovate and develop its bikes. Additionally, the company states that the offering’s… Read More

November 13, 2019 @ 11:55 am By Samantha Hurst  |  

Less than three years after securing £2.4 million in funding through its Crowdcube round, Scottish brewery Innis & Gunn has launched a new equity crowdfunding campaign, this time on Seedrs. The company is currently seeking £3 million and is offering 1.96% in equity at a… Read More

November 13, 2019 @ 11:42 am By Samantha Hurst  |  

Crowdfunded brewery company BrewDog has launched its latest mini bond round through the equity crowdfunding platform Crowdcube. The mini bond comes just a few months after BrewDog USA filed a form 1-A, which indicated its intent to raise capital via Reg A+. As previously reported,… Read More

November 13, 2019 @ 9:45 am By Omar Faridi  |  

HSBC Holdings plc (HSBC), a British multinational investment bank and financial services holding company, and the Royal Bank of Scotland Group plc (RBS) are preparing to introduce their digital banking platforms in order to meet client requirements. HSBC Kinetic, the bank’s new digital banking platform,… Read More

November 12, 2019 @ 8:34 am By JD Alois  |  

Digital bank Revolut has selected a new Chairman of the Board. Martin Gilbert, an individual who has been advising Revolut co-founder and CEO Nik Storonsky, will join the bank on January 1st as non-Executive Chair. Gilbert is the former co-Chief Executive of Standard Life Aberdeen,… Read More

November 12, 2019 @ 7:51 am By JD Alois  |  

Zego, a UK based firm, has become the first UK Insurtech to receive an insurance license, according to a release from the company. Zego will now be able to build and sell its own insurance products. Zego, which raised $42 million this past June, has… Read More

November 12, 2019 @ 3:22 am By Omar Faridi  |  

Norris Koppel, founder and CEO at Monese, a mobile banking service for people who travel frequently, received the “Rising Star” award at Ernst & Young’s (EY) Entrepreneur of the Year Ceremony. Koppel has been recognized for his pioneering work in banking. Introduced 20 years ago,… Read More

November 11, 2019 @ 12:13 pm By JD Alois  |  

In case you missed it, the Sunday Times has removed a questionable article published about Seedrs this past August. In August, the Times covered the fact that Seedrs was in “advanced stages in a fundraising discussion”  as did Crowdfund Insider on the same day. The… Read More

November 11, 2019 @ 10:28 am By JD Alois  |  

CapitalRise has received the backing of Revolt Ventures, the VC portion of the multi-billion dollar real estate investment company Meyer Bergman. According to a note from CapitalRise, Revolut Ventures has provided £1 million in equity funding for the early stage Fintech. The investment from Revolut Ventures… Read More

November 11, 2019 @ 9:52 am By JD Alois  |  

Leading investment crowdfunding platform Seedrs has announced a new feature – the ability to offer a direct investment in a company raising capital online. Seedrs has long been known for its “Nominee” structure, a type of special purpose vehicle (SPV) that benefits both issuers and… Read More

November 11, 2019 @ 8:50 am By JD Alois  |  

Applications for the Innovate Finance Women in Fintech Powerlist 2019 are now open, according to Innovate Finance. Innovate Finance is the leading advocacy group for all things Fintech in the UK.  The Women in Fintech Powerlist has become an annual staple for the group as… Read More

November 10, 2019 @ 11:08 pm By Samantha Hurst  |  

Rapyd, a global Fintech-as-a-service provider, announced last week the launch of its new Singapore platform to enable businesses to go cashless. Rapyd claims that the platform will bring greater convenience to local consumers and businesses, by enabling consumers and businesses to easily make payments electronically,… Read More

November 10, 2019 @ 2:48 pm By Omar Faridi  |  

IMMO Investment Technologies recently announced that it had completed a €72 million (appr. $79.3 million) funding round, with €11.5 million (appr. $12.6 million) in equity from Talis Capital, HV Holtzbrinck Ventures, Tom Stafford & Rahul Mehta of DST Global, and Mato Peric. IMMO Investment is… Read More

November 8, 2019 @ 10:45 am By JD Alois  |  

A leading artificial intelligence (AI) consultancy, Brainpool AI is raising capital on Seedrs. The consultancy is seeking £120,001 for a 3.3% equity stake in the firm. The company has set a pre-money valuation of £3.5 million. As this moment, Brainpool AI has raised over half… Read More

November 8, 2019 @ 7:58 am By Omar Faridi  |  

Zopa, a peer-to-peer (P2P) money lending platform that allows borrowers and lenders to deal directly with each other (cutting out the banks who serve as intermediaries), is nearing the launch of its new digital bank offshoot in the United Kingdom. The company will conduct a… Read More

November 7, 2019 @ 6:38 am By Omar Faridi  |  

London-based Thought Machine, a Fintech firm that aims to address the banking sector’s dependence on legacy IT infrastructure, revealed on November 6 that it’s launching “Vault Rare.”  Vault Rare is a new product that will be integrated on top of Thought Machine’s cloud-native banking platform,… Read More

November 6, 2019 @ 11:19 am By JD Alois  |  

Seedrs, a leading UK based investment crowdfunding platform, has updated its secondary marketplace for crowdfunded securities. Seedrs is unique in the fact that it is providing an effective liquidity path for private securities that have raised capital on its platform.  Crowdfunded securities are typically an… Read More

November 6, 2019 @ 8:13 am By JD Alois  |  

Chip, a Fintech that claims to be one of the most crowdfunded businesses in the UK, is raising £7.3 million following a previous £3.8 million crowdfunding round on Crowdcube. Chip recently sold a 9.39% equity stake in the company to 6897 individual investors at a… Read More