Tagged: uk

Update: dozens Now Nearing £3.8 Million Through Seedrs Funding Rounds

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

Update: Festicket Set to Close Crowdcube Round With Nearly £4.1 Million in Funding

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

Update: Crate Brewery Set to Close Crowdcube Round With More Than 800,000 in Funding

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

Hydrogen Electric Car Brand Riversimple Makes Seedrs Return to Raise £750,000 in Funding

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

Online Games Platform Genba Digital Surpasses £525,000 on SyndicateRoom

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

UK Fintech Startup R8 Appoints Twitter Founder Biz Stone to Board

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

Challenger Credit Bureau Credit Kudo Raises £2.2 Million Through Latest Funding Round Led By Ascension Ventures

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

Overfunding: Fintech Startup GeoDB Surpasses £750,000 Funding Target on Crowdcube

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

Facebook to Shut Down P2P Payments For Messenger in the UK & France

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

U.S. Fintech Brex Secures $100 Million Debt Capital Investment From Barclays

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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

Peer to Peer Lending Platform Welendus Receives Investment from Unicorn Ascension Fund

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

CrowdProperty Closes Crowdunding Round on Seedrs at £1.1 Million, Announces £100 Million Institutional Funding

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

Travel Upgrade Marketplace Upgrade Pack Soaring on Seedrs: Now Overfunding

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

Rapyd Teams Up With OCBC Bank to Create Instant Mobile Payments Through PayNow in Singapore

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

Standard Chartered Launches Expanded Online Gateway & Mobile App For Corporates

Standard Chartered Bank announced last week it has launched an expanded online gateway and mobile app for corporate clients, to additional markets in Asia to further support its clients’ growing e-commerce and m-commerce aspirations. According to Standard Chartered, the gateway is now available in China,… Read More

UK Research: 74% of Adults Have No Investments, 47% Don’t Know the Interest Rate they are Receiving on Current Accounts

Research compiled by YouGov, Seedrs, and banking app Dozens, shares a dim view of financial sophistication in the UK. According to the report, a majority of UK adults are poorly informed about financial services and planning for their future. The study conducted by YouGov was… Read More

Online Lender CrowdProperty Set to Close Seedrs Campaign After Surpassing £1 Million in Funding

Peer-to-peer property lender CrowdProperty will be closing its Seedrs funding round after surpassing £1 million in funding from close to 550 investors. As previously reported, CrowdPropert describes itself as a platform that promotes investments that return up to 8% per annum noting that, to date,… Read More

Update: Propio to Close Crowdcube Round With More Than £350,000 in Funding

Propio, a UK-based property investment platform, is set to close its equity crowdfunding campaign on Crowdcube with more than £350,000 from nearly 465 investors. As previously reported, Propio describes itself as the home of the Property ISA.  Its platform notably combines decades of property expertise… Read More

Overfunding: Global Multi-Brand & Wellness Company Whey Forward Health Secures £700,000 Funding Target on Seedrs

Whey Forward Health, a UK-based multi-brand and wellness company, has successfully secured its initial £700,000 funding target through equity crowdfunding platform Seedrs. The company, which claims itself to be a leader in the field of dairy-derived nutriceuticals, is striving to deliver the purest, most bioavailable… Read More

ClearScore Partners with Raisin UK on Savings Accounts

Fintech Raisin has partnered with ClearScore a UK credit checking service. ClearScore will now offer access to savings accounts by integrating with the Raisin service. ClearScore claims more than 8 million UK users of the free online credit check service. These users will be offered… Read More

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