Tagged: uk

October 20, 2019 @ 9:54 pm By Samantha Hurst  |  

With the 2019 holiday season set to kick off in a couple of weeks, global blockchain payments provider BitPay announced that users may now purchase UK gift cards with the BitPay mobile app. According to BitPay, users may now use their crypto to purchase cards… Read More

October 20, 2019 @ 9:35 pm By Samantha Hurst  |  

Patch, a UK-based modern plant shop for “modern plant people,” has successfully raised more than £1.8 million through its Crowdcube campaign. The company launched the equity crowdfunding round earlier this month and quickly secured its £500,000 funding target. The initiative has so far attracted over… Read More

October 20, 2019 @ 9:18 pm By Samantha Hurst  |  

Anna Money, a UK-based fintech that specializes in SME business banking, has successfully secured £3.5 million in funding through its equity crowdfunding campaign on Seedrs. The funding round was launched last month and quickly surpasses its initial £3 million funding target. Anna stands for Absolutely… Read More

October 19, 2019 @ 3:21 pm By Omar Faridi  |  

London-based Archax, an institutional digital securities exchange, announced on October 18 that it had teamed up with enterprise blockchain developer R3. The partnership between the two companies involves using R3’s Corda Enterprise software to manage post-trade activities on Archax’s platform. Archax provides a globally accessible… Read More

October 19, 2019 @ 11:36 am By Omar Faridi  |  

UK-based Proportunity, a Fintech firm for first-time property buyers, has raised £2 million (appr. $2.6 million) through a seed investment round in order to fund the development of its home equity lending platform. Proportunity’s management claims they’re the only help-to-buy challenger in the market that… Read More

October 18, 2019 @ 9:26 pm By Samantha Hurst  |  

Just days before it is set to close its latest equity crowdfunding campaign on Crowdcube, UK-based parking innovator JustPark has raised more than £6.9 million through the funding round from nearly 5300 investors. The initiative was launched earlier this month and quickly surpassed its initial… Read More

October 18, 2019 @ 6:12 pm By JD Alois  |  

Curve, a popular Fintech app that enables a single card to manage all of your credit cards, has updated its brand. “Our old brand simply wasn’t cutting it. It was too bland for our colourful product. We’re too bold for the swamp of boring banker… Read More

October 18, 2019 @ 4:02 pm By Samantha Hurst  |  

Creditspring, a UK-based subscription-based loan membership platform, has officially closed its equity crowdfunding campaign on Seedrs. The company completed the funding round with a total of £1,571,666 secured. Through the initiative, which was launched in August, CreditSpring offered 13.30% in equity at a £9,780,000 pre-money… Read More

October 18, 2019 @ 12:54 pm By JD Alois  |  

Yesterday, the BBC program “Watchdog Live” reported on alleged problems at digital bank Monzo where customers have been blocked from accessing their accounts. “we’ve been contacted by quite a few customers saying they have had their accounts frozen with no explanation, so all of a… Read More

October 18, 2019 @ 7:57 am By Samantha Hurst  |  

Standard Chartered announced on Thursday it is set to offer clients an extensive range of cash management services out of London and Frankfurt covering the UK and Eurozone countries, following investment in a new cash management infrastructure. According Standard Chartered, the infrastructure is currently scheduled… Read More

October 16, 2019 @ 10:06 pm By Cali Haan  |  

Two hundred-fifty investigators, thirty speakers gathering and other attendees at the OffshoreAlert Conference on financial intelligence and investigations in London November 11th and 12th will have a chance to examine the role tethers played in creating “the largest bubble in human history,” the Bitcoin/crypto bubble… Read More

October 16, 2019 @ 4:29 pm By Samantha Hurst  |  

Peer to peer property lender CrowdProperty has unveiled a new lending product specially for new construction methods.  According to P2PFinanceNews, the lending platform is offering a new product, Modern Methods of Construction (MMC) Finance, which will cover building with alternative materials including modular, structural insulated… Read More

October 16, 2019 @ 2:25 pm By Samantha Hurst  |  

Dinghy, a UK-based insurtech platform specifically for freelancers, announced on Wednesday it has appointed Dorian Zanker as its new CEO. The company reported that the appointment is part of its strategy to accelerate its growth in the UK and international freelance business market. This news… Read More

October 15, 2019 @ 3:53 pm By Samantha Hurst  |  

Pluto, a UK-based insurtech focused on travel insurance, closed its equity crowdfunding campaign on Seedrs with a total of £643,974 raised. The campaign was launched last month and quickly raised its initial £200,000 funding target. The company offered 9.09% in equity at a £2,000,486 pre-money… Read More

October 15, 2019 @ 10:51 am By Omar Faridi  |  

HSBC, one of the world’s largest banking and financial services organizations, is planning to embrace new technologies and relaunch its “First Direct” brand in order to attract younger clients while competing with digital challengers. According to the Financial Times, the London-headquartered financial institution is considering… Read More

October 15, 2019 @ 8:54 am By JD Alois  |  

The previously announced UK-Australia FinTech Bridge Pilot Programme has kicked off with the Department for International Trade (DIT) bringing 9 UK Fintech firms to Australia. The project is part of an ongoing effort to extend the UK’s prominence as a Fintech while building global partnerships…. Read More

October 15, 2019 @ 8:26 am By JD Alois  |  

Thameside Investment Group has purchased 20% of peer to peer debt trading platform ASMX, according to a note from the company. ASMX was valued at £5 million. Thameside is a UK-based multi-asset investor that currently holds two portfolio companies. ASMX is a secondary market designed… Read More

October 14, 2019 @ 3:57 pm By Samantha Hurst  |  

GoodBox, a tech company that is focused on building solutions that connect donors and causes, has successfully its initial £1 million funding target through its latest equity crowdfunding campaign on Seedrs. The funding round was launched earlier this month and has quickly attracted more than… Read More

October 14, 2019 @ 1:14 pm By JD Alois  |  

Digital challenger bank Revolut is said to be looking to raise $1.5 billion in both debt and equity financing according to a report by Sky News. Apparently, Revolut is talking to JP Morgan to  raise $500 million in equity plus an additional $1 billion in… Read More

October 14, 2019 @ 7:37 am By JD Alois  |  

Crowdfunded electric car Uniti has announced pricing for its initial e-vehicle – Uniti One. The Uniti One will be offered initially to buyers in northern Europe, with first deliveries planned in Sweden and the UK for mid-2020. Additional markets will be added progressively in time…. Read More