Tagged: uk

July 1, 2019 @ 3:25 am By JD Alois  |  

Digital bank Revolut has announced a new feature that facilitates donations to charitable causes. Launched today, Revolut’s new in-app feature labeled “Donations”, allows customers to round up payments and donate the money to three international charities. Another option of the feature is to allow customers… Read More

June 30, 2019 @ 11:45 pm By Samantha Hurst  |  

Stablepharma, a UK-based medical tech company, has secured more than £1.2 million through its equity crowdfunding campaign on Crowdcube. Stablevax reported it comprises approved vaccines which are dried from a solution of stabilizing sugar into a special sponge stored in a normal syringe. They are… Read More

June 30, 2019 @ 10:59 pm By Samantha Hurst  |  

Stashbee, UK-based marketplace for space and storage, has successfully surpassed £2 million in funding through its latest equity crowdfunding efforts on Seedrs. The funding round was launched earlier this month and quickly raised its initial £1.6 million funding target. The company is currently offering 15.0%… Read More

June 30, 2019 @ 6:20 pm By JD Alois  |  

Last April, the first securities issued on blockchain was part of a test on the London Stock Exchange (LSE) – one of the largest exchanges in the world. 20/30, a Fintech that has been part of the Financial Conduct Authority’s (FCA) Fintech Sandbox, issued around… Read More

June 28, 2019 @ 2:47 pm By Samantha Hurst  |  

Yielders, a property investment platform based in the UK, has successfully secured its initial £500,000 funding target on equity crowdfunding platform Seedrs. The funding round comes less than a year after Yielders closed on a pre-series A funding round. The platform is offering 4.76% of… Read More

June 28, 2019 @ 8:17 am By JD Alois  |  

Investment crowdfunding platform Seedrs has added a new program to boost the food and beverage sector of crowdfunding.  Noting that consumer-facing companies in the food and beverage sector have been a popular category for retail investment, Seedrs has launched the FMCG Accelerator program (Fast-Moving Consumer… Read More

June 28, 2019 @ 7:47 am By Samantha Hurst  |  

Arc Vehicle, a UK-based electric recreational vehicle developer, has successful secured £850,000 through its equity crowdfunding campaign on Crowdcube. Founded in 2017, Arc revealed it is on a mission to explore Earth in state-of-the-art style,by combining with a promising to try and protect it. “Introducing… Read More

June 28, 2019 @ 7:32 am By Samantha Hurst  |  

LendInvest, a UK-based online marketplace for mortgages, announced on Friday it received a top rating from European Ratings Agency, ARC Ratings, for the fifth conservative year. According to LendInvest, ARC Ratings is a regulated European credit rating agency registered with the European Securities and Markets… Read More

June 28, 2019 @ 6:37 am By Samantha Hurst  |  

Jaja Finance, a UK-based fintech startup, announced on Friday it has entered into in agreement to acquire credit card accounts for Bank of Ireland UK. Jaja reported as part of a consortium of funds affiliated with Centerbridge Partners LP and KKR it will acquire the… Read More

June 27, 2019 @ 10:35 pm By Samantha Hurst  |  

BBVA announced on Thursday the launch of its new accelerator program that is designed to “foster” success among the fintech startup ecosystem. The program, called BBVA Open Innovation Accelerator Program, aims to give startups a helping hand for success. “Over the course of nine-months, those… Read More

June 27, 2019 @ 11:50 am By Samantha Hurst  |  

UK challenger bank Monzo has published its 2019 annual report. According to Monzo. The annual report is a detailed look at what a company’s been doing and how that’s affected its finances over the past financial year. CEO of Monzo, Tom Blomfield, has also written… Read More

June 27, 2019 @ 9:23 am By Samantha Hurst  |  

  Riversimple, a Wales-based hydrogen-electric car company, has extended its latest equity crowdfunding campaign on Seedrs for another 10 days as it nears its £750,000 funding target. As previously reported, Riversimple has designed a new car called the Rasa, which emits nothing but a tiny amount… Read More

June 27, 2019 @ 9:07 am By Samantha Hurst  |  

PALLITE, a UK-based designer and manufacturer of pallets and shipping crates, has secured over £620,000 funding in the first week of equity crowdfunding on Crowdcube. This represents 62% of the overall target of £1 million funding target. The company is currently offering 10.52% equity at… Read More

June 26, 2019 @ 3:41 pm By JD Alois  |  

HM Treasury and the Financial Conduct Authority (FCA) recently organized a workshop on assisting low-income renters. Predicated on the fact that rental insurance has “very low take-up” amongst a lower demographic, Treasury and the FCA invited multiple firms to attend an “Access to Contents Insurance… Read More

June 26, 2019 @ 11:27 am By Samantha Hurst  |  

Digital challenger bank Monese recently announced it has launched free premium accounts for refugees that have relocated in the UK. Monese reported that it is committed to giving out its Premium plan to refugees (usually £14.95 a month) for free, for life. The Premium plan… Read More

June 25, 2019 @ 5:48 pm By Samantha Hurst  |  

Deciwatt, a UK-based company that creates renewable energy products that allow users to make light and power, has launched an equity crowdfunding campaign on Seedrs and has already passed its £400,000 funding target. The funding round has also attracted nearly 200 investors and is offering… Read More

June 25, 2019 @ 3:17 pm By Samantha Hurst  |  

UK-based tech platform Pavegen is set to close its latest equity crowdfunding round on Crowdcube with nearly £1.9 million in funding. The campaign was launched last month and quickly secured its £950,000 funding target, Prior to launching the funding initiative, Pavegen raised £513,000, which is represented… Read More

June 25, 2019 @ 2:37 pm By JD Alois  |  

While it is a fact we all need bank-like services it is also true we do not necessarily need a traditional bank. The digitization of finance has liberated the masses from paper driven, brick and mortar operations to the bank of the iPhone (or Android… Read More

June 25, 2019 @ 12:51 pm By Samantha Hurst  |  

UK-based digital banking platform Starling Bank announced on Tuesday it has formed a new partnership with Direct Line Group to allow current account customers to apply for home insurance directly through Starling’s in-app marketplace. According to Starling, the partnership will enable customers to securely connect… Read More

June 25, 2019 @ 12:15 pm By JD Alois  |  

The Hong Kong Monetary Authority (HKMA) has posted a deck on GFin or the Global Financial Innovation Network. Hong Kong has emerged as a leading Fintech hub having embraced innovation in financial services. GFiN was launched by the UK Financial Conduct Authority (FCA) a bit… Read More