Tagged: uk

Overfunding: Wriggle Surpasses £600,000 Funding Target on Seedrs

Wriggle, a UK-based real-time marketplace for local eat-out food and drink, has successfully secured its initial £600,000 funding target on equity crowdfunding platform Seedrs. As previously reported, Wriggle is on a mission to help people discover, and spend their money at the best local food… Read More

State of the Fintech Nation: UK Government Publishes Report on Fintech Progress

The United Kingdom has long been a global leader in financial innovation. Of course, London holds a long history as a prominent financial center for both Europe and the world. This established base has combined with a strong entrepreneurial spirit and access to capital to… Read More

Digital Banking Startup Loot Set to Launch New Equity Crowdfunding Round on Seedrs

Loot, a UK-based digital bank startup, is set to launch a new equity crowdfunding campaign on Seedrs. Founded in 2014, Loot describes itself as a current account and contactless Loot Mastercard card that offers insights into spending with personalized features to manage money. The company… Read More

UK Fintech & Digital Charity Box Pennies Surpasses 70 Million Consumer Digital Donations

Pennies, a UK-based fintech and digital charity box, has reportedly surpassed 70 million in consumer digital donations. Founded in 2010, Pennies revealed it is creating a “unique digital ecosystem” by using new technology to unlock millions of pounds in new giving. “Designed to fit with our… Read More

Overfunding: Bamboo Tissue Brand The Cheeky Panda Returns to Seedrs & Quickly Secures More than £1.2 Million

Less than two years after securing £521,314 through its previous equity crowdfunding campaign on Seedrs, The Cheeky Panda, a 100% ultra sustainable, low carbon, bamboo tissue product brand, has returned to the funding platform and quickly raised more than £1.2 million. The latest crowdfunding campaign… Read More

NatWest Announces Debut of NatWest Tyl For Merchant Acquiring

NatWest announced last week the launch of its new product NatWest Tyl. According to NatWest, NatWest Tyl is a new, innovative approach to merchant acquiring, and is designed to make it easier for customers to run their business. “Alongside straightforward customer on-boarding, simple pricing and… Read More

Update: GeoDB Surpasses £900,000 During the Final Week on Crowdcube

GeoDB, a UK-based fintech startup that aims to provide a big data marketplace that includes an encrypted, safe, transparent, verified, accurate and decentralized datapool, is set to close its equity crowdfunding campaign on Crowdcube with more than £900,000 in funding. The funding round was launched… Read More

Digital Bank Marcus UK Tops 250,000 Customers, £8 Billion in Deposits

A report in Yahoo Finance indicates that Marcus, Goldman Sachs’ digital only challenger bank, is doing quite well in the United Kingdom. Des McDaid, the Managing Director for Marcus in the UK, stated: “We’ve passed a quarter of a million customers and just over £8bn… Read More

UK Fintech TransferGo Receives $3.4 Million From French Capital Firm Seventure Partners Through Series B Funding Round

Less than six months after securing $17.5 million through its Series B funding round, UK money transfer fintech TransferGo announced it received $3.4 million from French capital firm Seventure Partners to add to the funding round. As previously reported, TransferGo currently offers transfers between nearly 50… Read More

Marketplace For Local Food & Drink Wriggle Launches Seedrs Round to Raise £600,000

Wriggle, a UK-based real-time marketplace for local eat-out food and drink, is now seeking £600,000 through its new equity crowdfunding campaign on Seedrs. Founded in 2014,  Wriggle is on a mission to help people discover, and spend their money at the best local food and… Read More

Digital Lending Platform Esme Loans Hits £50 Million of Lending to UK Businesses

Esme Loans, the NatWest backed standalone digital lending platform for SMEs, announced last week it has hit £50 million of lending to UK businesses. The online lender reported that it has seen a continued period of strong growth, following an uplift in lending of 337%… Read More

Overfunding: MarketsFlow Surpasses £700,000 Funding Target on Crowdcube

Digital wealth management platform MarketsFlow has successfully secured its initial £700,000 funding target through equity crowdfunding platform Crowdcube. The funding round was launched less than two years after MarketsFlow secured more than £450,000 through its previous Crowdcube round. As previously reported, MarketsFlow was launched in… Read More

Pointvoucher Returns to Seedrs; Now Seeking £800,000 in Funding

Less than a year after raising £639,904 through its previous Seedrs funding round, Pointvoucher, a mobile gaming plug and play market platform, has returned to the equity crowdfunding platform to raise £800,000. As previously reported, Pointvoucher was founded in 2015 and reportedly facilitates the connection between consumers… Read More

Renewable Energy Platform Ripple Now Seeking £750,000 Through Seedrs Funding Round

Ripple, a UK-based renewable energy platform, is now seeking £750,000 through its equity crowdfunding campaign on Seedrs. Founded in 2017, Ripple reported that its vision is a renewable energy future owned by people, not companies. “People want to reduce their carbon footprint and they want… Read More

Overfunding: PixelPin Surpasses £1.3 Million Funding Target on Seedrs

PixelPin, a UK-based company that is dedicated to securing personal and business information without using a keyboard, has quickly surpassed its initial £1,394,989 funding target on equity crowdfunding platform Seedrs. Founded in 2011, PixelPin stated it is focused on the use of pictures. Using pictures… Read More

Too Much Traffic. Investor Interest in Freetrade Crashes Crowdcube Site as Investments Per Second Overwhelm Servers

Too much of a good thing? Perhaps. Crowdcube listed a crowdfunding offering for Freetrade on April 25, 2019. Soon after the offer went live, the Crowdcube site went down. According to a post by Crowdcube CTO Rich Pearce, Freetrade generated the highest number of investments… Read More

Jumio Further Strengthens Partnership With UK Challenger Bank Monzo

U.S. fintech Jumio announced on Thursday it has joined forces with UK challenger banker Monzo. Jumio reported that it has been Monzo’s primary identity verification solution since 2017 and the companies have worked together to offer an easy-to-use, intuitive mobile onboarding experience for Monzo’s customers,… Read More

Addicted Drug Sellers Who Used Bitcoins “For Secrecy” Jailed in UK

Six individuals in Leeds in Northern England have been convicted for their alleged involvement in a drug trafficking operation that used Bitcoins to import crystal methamphetamine from Canada, Examiner Live reports. The four main suspects in the case are Hassan Jalilian, Michael Bendo, Gohar Manzoor… Read More

Global Payments Solution Checkout.com Secures $230 Million Through Series A Funding Round

Checkout.com, a global payment solutions provider based in the UK, announced on Thursday it secured $230 million through its Series A funding round, which was led by growth investors Insight Partners and DST Global. Singapore’s sovereign wealth fund GIC, Blossom Capital, Endeavor Catalyst and other… Read More

Ganapati Group’s G8C Brings Blockchain to the House of Commons

Ganapati Group company, GanaEight Coin Ltd (G8C) announced earlier this week it hosted a blockchain event at the House of Commons in London’s Houses of Parliament. According to G8C, the event followed the Blockchain Expo Global event at London’s Olympia Grand on the Thursday and… Read More

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