Tagged: uk

September 23, 2019 @ 8:50 am By Omar Faridi  |  

London-based digital bank Starling Bank has introduced a new online banking app that allows its business clients to manage their funds more efficiently, according to a release. In addition to providing a mobile banking application, Sterling Bank offers a debit card that allows users to… Read More

September 22, 2019 @ 10:27 pm By Samantha Hurst  |  

Assetz Exchange, a UK-based property crowdfunding platform, is nearing £450,000 in funding through its equity crowdfunding campaign on Seedrs. The campaign was launched earlier this summer, originally seeking £350,000. The crowdfunding portal is offering 4.83% in equity at a £6,902,276 pre-money valuation. As previously reported,… Read More

September 22, 2019 @ 10:10 pm By Samantha Hurst  |  

Snaffling Pig, a UK-based pork brand, has successfully surpassed its initial £750,000 funding target on equity crowdfunding platform Crowdcube. The campaign was launched earlier this month and the company is offering 7.67% in equity at a £10 million pre-money valuation. Founded in 2015, Snaffling Pig… Read More

September 22, 2019 @ 7:39 pm By Omar Faridi  |  

Andrew Mitchell, VP Development and Infrastructure Support at JCB International, writes that the UK will be struggling to maintain its position as a global Fintech leader, and the nation’s professionals are concerned that there may be challenges accessing engineering, product, and financial services after Brexit…. Read More

September 20, 2019 @ 8:46 pm By Samantha Hurst  |  

Esme Loans, NatWest’s standalone digital lending platform for SMEs and scale-up businesses, announced this week it has increased its credit appetite with the maximum loan amount moving to £250,000 from £150,000 to support more UK SMEs.  According to NatWest, Esme Loans has lent over £70million… Read More

September 20, 2019 @ 4:30 pm By JD Alois  |  

The Idle Man, a menswear fashion brand, crowdfunded on Crowdcube back in 2015 raising a respectable £793,000 from over 400 investors. A  couple of years later, The Idle Man returned to Crowdcube seeking £500,000. At that time, in a blog post, CEO Oliver Tezcan touted… Read More

September 20, 2019 @ 3:35 pm By JD Alois  |  

Last night, Seedrs, a leading UK based investment crowdfunding platform, held its inaugural alumni awards in recognition of their growing number of successfully crowdfunded companies. Over the years Seedrs has supported more than 590 businesses raise much-needed growth capital. Simultaneously, the very public process has… Read More

September 20, 2019 @ 3:32 pm By Samantha Hurst  |  

Less than two years after securing more than £2.6 million in funding through its previously Crowdcube campaign, UK-based parking innovator JustPark has returned to the equity crowdfunding platform and has already raised more than £5.8 million from nearly 3000 investors.  As previously reported, JustPark was… Read More

September 19, 2019 @ 9:25 pm By Cali Haan  |  

A user of the Internet forum site Reddit claims his bank’s reaction to a Bitcoin deal gone bad has, “ruin(ed)” him: “TLDR (summary) – sold small amount of BTC on local bitcoins, Barclays bank closed my account, accused me of fraud and now I can’t… Read More

September 19, 2019 @ 9:15 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) has published its 2nd Global Enterprise Blockchain Benchmarking Study. CCAF is the leading Fintech research in the world. The Centre has published multiple reports on the global alternative finance market which are frequently referenced by policymakers and industry… Read More

September 19, 2019 @ 7:57 am By JD Alois  |  

Today, digital bank Revolut has announced the addition of free stock trading for both Standard and Premium customers. The feature is rolling out in 26 different markets including: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia,… Read More

September 19, 2019 @ 3:28 am By JD Alois  |  

The UK Peer to Peer Finance Association (P2PFA) is reporting a record number of both borrowers and investors engaged in the peer to peer lending industry. According to the P2PFA, 150,000+ lenders invested in 321,483 loans during Q2 of 2019. During the three-month period from… Read More

September 18, 2019 @ 8:17 pm By Omar Faridi  |  

London-based firm Aventus Systems, the developer of a fair and secure blockchain-powered event ticketing platform that aims to eliminate fraud, announced its latest code release Aventus Classic, which helps to create an equitable and transparent ticketing industry. The developers of the Aventus Network noted that… Read More

September 18, 2019 @ 2:30 pm By Samantha Hurst  |  

Tide, a UK-based SME challenger bank, announced on Wednesday it is set to launch its new paid plan, Tide Plus. According to Tide, Tide Plus is an upgraded account that gives users “additional support” for running their businesses.” According to Tide, the upgraded membership will… Read More

September 18, 2019 @ 1:04 pm By Samantha Hurst  |  

Just days after launching its latest equity crowdfunding campaign on Seedrs, UK-based online marketplace for the agriculture sector, Hectare Agritech, has successfully surpassed its initial £1 million funding target. The funding round has attracted nearly 545 investors. As previously reported, Hectare is an agritech company… Read More

September 17, 2019 @ 10:11 am By Samantha Hurst  |  

Hectare Agritech, a UK-based online marketplace for the agriculture sector, has returned to Seedrs to raise £1 million through its new equity crowdfunding round. The company previously raised £500,000 through its third investment round on Seedrs in 2018 and is offering 5.88% in equity at a… Read More

September 16, 2019 @ 12:12 pm By JD Alois  |  

Insurtech Dinghy was recently recognized as the “most disruptive insurance business in the UK” at the recent Disruption Summit Europe. Dinghy was also said to be the 26th most disruptive overall. The Summit was hosted in London on the 10th September with the final rankings… Read More

September 16, 2019 @ 8:28 am By Samantha Hurst  |  

UK challenger bank Monzo announced on Monday that more than three million people are now using its banking services. The digital bank reported that the amount of people equals 1 in every 20 adults in the UK. Founded in 2015, Monzo claims it is building… Read More

September 16, 2019 @ 7:49 am By JD Alois  |  

Travel insurance has a bad rap. Claims too frequently are denied and if they pay out it may take weeks to receive any remuneration for a trip gone bad. Insurtech Pluto is seeking to address this sector of the insurance market with an app-based service… Read More

September 14, 2019 @ 9:23 am By Cali Haan  |  

Police from London’s Intellectual Property Crime Unit (PIPCU) have arrested a 19-year-old man they believe stole unreleased songs from the websites and cloud-storage accounts of “world-famous artists” and then sold the music for cryptocurrency. The release does not state where the music was sold nor… Read More