Tagged: uk

April 25, 2019 @ 9:13 am By JD Alois  |  

Last week Crowdcube published a quarterly report providing additional insight into the crowdfunding platforms operations. The UK based platform published the following comparative metrics indicating significant growth versus the same quarter year prior: Key metrics for Q1 2019 compared to Q1 2018 £1.8 million revenue; an… Read More

April 24, 2019 @ 3:28 pm By Samantha Hurst  |  

UK-based challenger bank Masthaven announced on Wednesday it secured £60 million equity investment by Värde Partners, a global alternative investment firm. According to Masthaven, the investment will enable the bank to deliver against its strategic ambition to become one of the leading specialist banks in… Read More

April 24, 2019 @ 12:52 pm By Samantha Hurst  |  

UK banking group NatWest announced on Wednesday the launch of its new biometric fingerprint card. NatWest reported that customers may now use their fingerprint to verify transactions above the £30 contactless limit, increasing security and making it easier for customers when paying for goods or services… Read More

April 24, 2019 @ 9:52 am By JD Alois  |  

Bank of England Governor Mark Carney is on his way out. Originally, Carney was expected to step down in June of 2019. At the request of the Chancellor of the Exchequer, Carney was asked to extend his term as the UK attempted to manage Brexit… Read More

April 23, 2019 @ 10:39 am By JD Alois  |  

UK based furniture brand Hayche has launched an equity crowdfunding campaign on Seedrs seeking a minimum raise of £125,009 on a pre-money valuation £2,001,015. Hayche is offering a 5.88% equity stake in their company and, as of today, the company has received the backing of… Read More

April 23, 2019 @ 1:00 am By JD Alois  |  

Peer-to-peer investment platform RateSetter has been recognized with a prestigious Queen’s Award for Enterprise for excellence in innovation. Established in 1965, the Queen’s Award for Enterprise is the most prestigious business award in the UK. The Award recognizes the success of innovative businesses which are… Read More

April 22, 2019 @ 9:03 am By Samantha Hurst  |  

dozens, a “new banking and wealth management alternative,” is now nearing £3.8 million through its equity crowdfunding campaign on Seedrs. The round, which was launched last month, originally sought to raise £3.5 million and has attracted more than 2,000 investors. As previously reported, dozens describes… Read More

April 21, 2019 @ 9:36 pm By Samantha Hurst  |  

Festicket, a UK-based music festival experience marketplace, is set to close its equity crowdfunding campaign on Crowdcube with nearly £4.1 million in funding. The funding round, which launched last month, sought to raise £4 million. Festicket attracted £3.5 million prior to the campaign’s launch.  As… Read More

April 20, 2019 @ 10:00 am By Samantha Hurst  |  

Crate Brewery, a microbrewery and pizzeria located at The White Building in London’s Hackney Wick,  is set to close its equity crowdfunding round on Crowdcube with more than 800,000 in funding from nearly 1220 investors. Founded in 2012, Crate claims it has become one of… Read More

April 19, 2019 @ 10:02 am By Samantha Hurst  |  

Less than a year after raising £1.1 million on Seedrs, Riversimple, a Wales-based hydrogen-electric car company, has returned to the equity crowdfunding platform to raise £750,000. As previously reported, Riversimple has designed a new car called the Rasa, which emits nothing but a tiny amount of… Read More

April 18, 2019 @ 9:01 pm By Samantha Hurst  |  

Genba Digital, a UK-based company that is aiming to streamline the multi-billion pound market, has successfully surpassed £525,000 through its crowdfunding campaign on SyndicateRoom. The company is currently seeking £750,000 with a pre-valuation at £4,507,698. Founded in 2015, GENBA is an API driven digital logistics… Read More

April 18, 2019 @ 8:57 am By Samantha Hurst  |  

R8, a UK-based fintech startup, has appointed Twitter founder Biz Stone to its board as it prepares to list on the London Stock Exchange. Founded in 2015 by a collective of entrepreneurs, technologists, and bankers, R8’s goal is to promote its vision o banking of… Read More

April 18, 2019 @ 8:00 am By Samantha Hurst  |  

Credit Kudos, challenger credit bureau and commercial applications provider of open banking, announced on Thursday it raised £2.2 million through its latest round of funding, which was led by Ascension Ventures through its social impact fund Fair by Design, with additional investment from existing investors NFT… Read More

April 16, 2019 @ 3:40 pm By Samantha Hurst  |  

GeoDB, a UK-based fintech start that aims to provide a big data marketplace that includes an encrypted, safe, transparent, verified, accurate and decentralized datapool, has successfully secured its initial £750,000 equity crowdfunding target on Crowdcube. As previously reported, GeoDB was co-founded in 2018 by Chairman… Read More

April 16, 2019 @ 2:32 pm By Samantha Hurst  |  

Social media giant Facebook is reportedly removing P2P money transfer services through its messenger app for UK and France. According to TechCrunch, Facebook is set to close the service in the countries on June 15th. While it will be shut down in the UK and… Read More

April 16, 2019 @ 1:08 pm By Samantha Hurst  |  

U.S. fintech Brex announced on Tuesday it secured $100 million debt capital investment from Barclays Investment Bank to help power the next phase of its growth. According to Brex, the capital comes in the form of a warehouse line of credit, which is backed by… Read More

April 16, 2019 @ 8:44 am By JD Alois  |  

Welendus (PTP Funding Limited), a peer to peer lending platform, has received an investment from the Unicorn Ascension Fund (UAF) for an undisclosed amount. The investment was said to be used for future expansion into India. Other early-stage investors in the company include Pontaq, a… Read More

April 16, 2019 @ 7:51 am By JD Alois  |  

Peer-to-peer property lender CrowdProperty has closed their £1.1 million equity crowdfunding round on Seedrs easily topping their £600,000 goal. CrowdProperty raised capital at a pre-money valuation of £15.7 million. Approximately 575 investors supported the round. The news of their successful equity offering was joined by… Read More

April 16, 2019 @ 2:32 am By Erin Hobey  |  

UK-based fintech startup Upgrade Pack, a closed marketplace for global user access to discounted flight and hotel upgrades, has surpassed its Seedrs equity crowdfunding campaign target goal, swiftly surpassing £500,000 with the help of over 425 investors. To date, over £545,000 has been raised for 4.1% equity at… Read More

April 15, 2019 @ 11:15 am By Samantha Hurst  |  

UK-based fintech Rapyd announced on Monday it has formed a partnership with OCBC Bank to enable real-time bank payments for Singapore consumers and online retailers through peer-to-peer funds transfer service PayNow. According to Rapyd, PayNow will enable OCBC Bank customers to make digital payments using… Read More