Tagged: uk

July 31, 2019 @ 8:52 am By JD Alois  |  

FCA: “any token that is not a security token, or an e-money token is an unregulated token.” The UK Financial Conduct Authority (FCA) has published its much anticipated final guidance on cryptoassets following a feedback period on prior commentary. The FCA has now established which… Read More

July 30, 2019 @ 8:15 am By JD Alois  |  

Raisin has announced a new partnership with Legal & General, one of the largest asset managers in Europe. The agreement will provide Legal & General customers with access to Raisin’s UK savings marketplace. Raisin described the deal partnership as a “major deal.” Legal & General… Read More

July 29, 2019 @ 3:34 pm By Samantha Hurst  |  

UK-based fintech startup, WeSwap, is set to close its latest equity crowdfunding round on Seedrs with more than £2.4 million in funding secured. The company launched the campaign last month and quickly raised its initial £2.3 million funding target. It is offering 5.24% in equity… Read More

July 29, 2019 @ 8:41 am By JD Alois  |  

“Uber for beauty” company blow LTD is returning to Seedrs to raise more capital. According to a release, blow is launching a £1.5 million funding round on Seedrs. The round is being led by blow LTDs existing investor, Unilever Ventures, which has invested £800,000. The… Read More

July 29, 2019 @ 8:36 am By Samantha Hurst  |  

Bitstamp, a Luxembourg based crypto exchanged, announced on Monday it has teamed up with global asset prime broker BCB Group to enable investors from the UK to transfer GBP directly to and from their Bitstamp accounts. Bitstamp reported that through the partnership it may support… Read More

July 29, 2019 @ 8:11 am By JD Alois  |  

Digital-only challenger bank Starling Bank has partnered with SumUp, a mobile point of sale Fintech, to provide small merchants with access to faster settlements. Starling Bank has created not only a digital bank offering but a digital marketplace where both businesses and individuals may access… Read More

July 28, 2019 @ 8:51 pm By Samantha Hurst  |  

Glu, a UK-based cryptocurrency community platform, has launched an equity crowdfunding campaign on Seedrs. The company is offering 3.61% through the funding round, at an £8,006,530 per-money valuation. Founded in 2018, Glu is the community for all the world’s cryptocurrencies and tokens. “Many of us… Read More

July 26, 2019 @ 11:20 pm By Samantha Hurst  |  

Elemental Digest, a UK-based clean-tech manufacturing business that turns an international food and industrial waste problem into sustainable, high value-added end products with nutritional, economic and environmental benefits, is now seeking £1 million through its equity crowdfunding campaign on Crowdcube. Through its description, the company stated:… Read More

July 26, 2019 @ 6:17 pm By Samantha Hurst  |  

Just days after launching its equity crowdfunding campaign on Seedrs, Killing Kittens, a UK-based female empowerment band that is leading a global movement through its events and social platform, has successfully surpassed its initial £300,000 funding target. The company’s funding round, which has attracted more… Read More

July 26, 2019 @ 11:11 am By JD Alois  |  

International money transfer Fintech Paysend has closed an £8.5 million Series B funding round. The securities offering was combination VC/crowdfunding offer as GVA invested £3.95 million while smaller investors contributed £4.26 million via the Seedrs crowdfunding platform. The additional capital will be used to fuel… Read More

July 26, 2019 @ 9:32 am By Samantha Hurst  |  

No1 Rosemary Water, a UK-based botanical beverage company, recently announced it has extended its equity crowdfunding campaign on Crowdcube. The funding round is going an additional two weeks after the original closing date. The company revealed in an update: “Next week there are not one,… Read More

July 25, 2019 @ 10:48 pm By Samantha Hurst  |  

Commuter Club, a UK-based provider of season tickets as a subscription service, is set to close its equity crowdfunding campaign on Seedrs with more than £2.2 million secured.  As previously reported, Commuter Club helps commuters save time and money, offering an online retail solution for the… Read More

July 25, 2019 @ 11:02 am By JD Alois  |  

The United Kingdom is host to the most robust securities crowdfunding market in the world. Issuers may raise as much money as they want online. Mostly, all types of investors may participate. There is a prospectus requirement kicks in at €8 million creating a significant… Read More

July 25, 2019 @ 8:37 am By Samantha Hurst  |  

PALLITE, a UK-based designer and manufacturer of pallets and shipping crates, is set to close its equity crowdfunding campaign on Crowdcube with more than £1.2 million in funding. The campaign made its debut last month, originally seeking £1 million. It has attracted nearly 780 investors…. Read More

July 24, 2019 @ 12:18 pm By JD Alois  |  

Digital bank Starling Bank says it has opened up its business account to many more UK small and medium-sized enterprises by inviting companies with more than one person of significant control (PSCs) to sign up. The Fintech said the move was made in response to… Read More

July 24, 2019 @ 12:05 pm By Samantha Hurst  |  

LendInvest, a UK-based online marketplace for mortgages, announced on Wednesday it has added new members to its Business Development team. According to the online lender, Nigel Robbins was named Business Development Manager, Abby Challen has taken the position of Business Development Manager to cover Central… Read More

July 24, 2019 @ 9:16 am By JD Alois  |  

Leading crowdfunding platform Seedrs has announced ten companies which are participating in its first accelerator program. The seven-week FMCG (Fast Moving Consumer Goods) accelerator program is designed to provide access to investors, buyers, branding experts and more. The FMCG sector has experienced solid success on… Read More

July 24, 2019 @ 8:52 am By JD Alois  |  

Digital bank Revolut has updated its business banking account offerings. According to Fintech, Revolut for Business has launched two business account plans with no monthly fees. The new business account plans is said to “reaffirm Revolut’s commitment to democratise access to business accounts.” Additionally, Revolut… Read More

July 24, 2019 @ 8:03 am By JD Alois  |  

One of the leading investment crowdfunding platforms in the UK is in the midst of an executive transition. Current SyndicateRoom CEO and co-founder Gonçalo de Vasconcelos has announced that he is exiting the executive role and becoming a non-executive Director of the crowdfunding platform. In… Read More

July 24, 2019 @ 7:44 am By Samantha Hurst  |  

Just days after launching its equity crowdfunding campaign on Crowdcube, Cornish Lithium, a company that aims to create a new, environmentally-responsible, lithium extraction industry in the UK, has successfully secured its initial £1 million funding target from nearly 700 investors. The company is offering 4.91%… Read More