Tagged: uk

May 31, 2019 @ 9:13 am By Samantha Hurst  |  

PixelPin, a UK-based company that is dedicated to securing personal and business information without using a keyboard, recently closed its equity crowdfunding campaign on Seedrs with a total of £1,467,762 secured.  As previously reported, PixelPin stated it is focused on the use of pictures. Using… Read More

May 30, 2019 @ 2:59 pm By Samantha Hurst  |  

PaySend, a UK-based global payments platform, announced on Thursday it is set to launch its equity crowdfunding campaign on Seedrs. As previously reported, PaySend was founded in 2015 and describes itself as a UK fintech company and payments disruptor on a mission to change how… Read More

May 30, 2019 @ 8:58 am By JD Alois  |  

Long anticipated, digital challenger bank Revolut has added ApplePay to its growing list of services. The option to add a Revolut card to ApplePay is reportedly popping up across Europe. Apparently, Apple Pay is only officially available in the UK and France but according to… Read More

May 29, 2019 @ 12:50 pm By Samantha Hurst  |  

BondMason, an online savings and investments platform that sources investments from across the peer-to-peer (P2P) market for its clients, has reportedly announced it is officially shutting down its P2P lending business. Launched in 2015, BondMason claims it makes it easier for investors to target gross… Read More

May 29, 2019 @ 9:20 am By JD Alois  |  

The governments of the US and the UK held its second meeting of the US-UK Financial Regulatory Working Group in Washington, DC. The inaugural meeting of the Working Group took place in September 2018. The Working Group was formed to improve “bilateral regulatory cooperation with… Read More

May 28, 2019 @ 2:50 pm By Samantha Hurst  |  

Less than four years after securing more than £1.9 million through its previous Crowdcube round, UK-based tech startup Pavegen has returned to the equity crowdfunding platform and has already surpassed £1 million in funding. Prior to launching the funding round, the company raised  £513,000 which… Read More

May 28, 2019 @ 11:25 am By Samantha Hurst  |  

UK-based business lender Growth Street announced on Tuesday it has surpassed 2,500 investors, while simultaneously launching its Innovative Finance ISA (IFISA). The lending platform reported that by offering a 5.8% annual fixed rate of return, the Growth Street ISA has a one-year fixed term, and… Read More

May 28, 2019 @ 7:04 am By JD Alois  |  

London based Regtech ClauseMatch has received venture debt funding from Silicon Valley Bank (SVB). The $2.5 million loan package will be used to support the company’s growth in Europe and Asia. Recently the company started operations in South East Asia based in Singapore. ClauseMatch received… Read More

May 27, 2019 @ 10:03 am By Samantha Hurst  |  

Less than a week after securing its initial £1.5 million funding target in under an hour through its latest Crowdcube round, Money Dashboard is now nearing £2.5 million thanks to more than 1700 investors. As previously reported, Money Dashboard’s app empowers over 100,000 users to… Read More

May 24, 2019 @ 12:31 pm By JD Alois  |  

At one time, Loot had all the appearances of a promising young Fintech. Launched in 2014, in January of this year, it was reported that the Royal Bank of Scotland (RBS) had taken a 25% stake in the startup as it prepared to launch a new… Read More

May 24, 2019 @ 9:10 am By Samantha Hurst  |  

Gozney, a British manufacturer of professional wood and gas stone ovens, announced it is planning to launch an equity crowdfunding campaign on Crowdcube next month. The company reported it is seeking to raise £500,000 through the funding round in order to accelerate its expansion into… Read More

May 23, 2019 @ 3:48 pm By Samantha Hurst  |  

Less than two years after securing more than £1.3 million through its previous Crowdcube round, Money Dashboard was returned to the equity crowdfunding platform and has surpassed more than £2.1 million in funding. The funding round was launched, originally seeking £1.5 million, and has so… Read More

May 23, 2019 @ 11:31 am By JD Alois  |  

Aspiring Fintech Loot has shuttered its doors and gone into administration. According to a statement posted on their website, Loot has hired Henry Anthony Shinners and Adam Henry Stephens of Smith & Williamson LLP to handle the dissolution. The Royal Bank of Scotland (RBS) was… Read More

May 23, 2019 @ 9:14 am By JD Alois  |  

The UK is a hotbed of Fintech innovation and a leading global hub of finance – both the analog and digital kind. Brexit has put this prominence in question as European barriers re-emerge. But between robust government support and a vibrant ecosystem which is well… Read More

May 23, 2019 @ 8:30 am By Samantha Hurst  |  

Digital bank Revolut announced on Thursday the launch of its Group Vaults, which are described as the simple way to save for that special gift or occasion with friends and family on the Revolut platform. Revolut further explained: “Wedding gifts, holidays, a family car, or… Read More

May 22, 2019 @ 2:34 pm By Samantha Hurst  |  

Pension managing company PensionBee announced earlier this week that it has expanded its integration with digital banking group Starling Bank. PensionBee revealed that Starling Bank customers may now seamlessly combine all their old pensions into a new PensionBee plan, offering a pension consolidation product in… Read More

May 22, 2019 @ 12:41 pm By JD Alois  |  

Fintech Unicorn and stealth bank Transferwise has raised $292 million at a valuation of $3.5 billion. According to multiple reports, Transferwise has doubled its valuation in contrast to its last funding round. The round was said to be over-subscribed. Transferwise last raised capital at a… Read More

May 21, 2019 @ 7:48 am By JD Alois  |  

Community benefit society Broadband for the Rural North (or B4RN) has raised £2 million in a bond following its first close on the Triodos crowdfunding platform. Founded in 1980, Triodos Bank focuses on sustainable banking globally. Triodos Bank is active in the Netherlands, Belgium, the UK,… Read More

May 20, 2019 @ 4:59 pm By Samantha Hurst  |  

Just one week after launching its latest equity crowdfunding campaign on Seedrs, UK-based peer-to-peer lending platform Assetz Capital has successfully secured its initial £1 million funding target and is now nearing £1.3 million. The funding round comes less than two years after Assetz Capital raised more… Read More

May 20, 2019 @ 3:52 pm By Samantha Hurst  |  

UK challenger bank Monzo announced on Monday it has attracted two million users to its digital banking platform. Founded in 2015, Monzo reported that it is building a “new kind of bank” that lives within smartphones and is built for the way users live today…. Read More