Tagged: uk

The Burrito Bond Story Continues: Crowdfunded Security from Chilango Raises £3.3 Million

Chilango, a popular burrito chain operating in the United Kingdom, is reporting over £3.3 million has been invested in its “Burrito Bond 2” offering. Chilango launched its mini-bond security offering on Crowdcube in 2014. It was the first mini-bond to list on Crowdcube. The security… Read More

NatWest Set to Trial New Personal Finance Mobile App

UK banking group NatWest announced on Monday it is set to trial its new personal mobile app, Mimo. According to NatWest, Mimo has been designed to help customers save time, save money and enjoy financial peace of mind. It will help customers budget, remind them of… Read More

Crowdcube & Kickstarter Success Kokoon Launches Seedrs Funding Round

Less than two years after securing more than £1.6 million in funding through its equity crowdfunding campaign on Crowdcube, intelligent headphone creator Kokoon has launched a new funding round on Seedrs to raise £1 million. As previously reported, Kokoon is seeking to bring the world… Read More

Citing “Act of War” Clauses, Insurers Refusing to Compensate Firms Hit in Ransomware Attacks

Global insurance firm Hiscox is the now second insurance firm known to have refused to pay out a company damaged in a NotPetya cyberattack, Verdict reports. It is believed that Hiscox has made the refusal because the Russian government was accused by the UK of… Read More

Insurtech Startup Wrisk Returns to Seedrs; Now Seeking £750,000

Less than a year after raising £1 million through its second Seedrs campaign, insurtech startup Wrisk has returned to the equity crowdfunding platform, now seeking an additional £750,000.  As previously reported, the insurtech is seeking to shake up the antiquated insurance industry with their smartphone… Read More

Update: GripIt Set to Close Latest Crowdcube Round With Nearly £1.2 Million in Funding

Dragon Den alum GripIt is now set to close its latest equity crowdfunding campaign on Crowdcube with nearly £1.2 million in funding from more than 730 investors. GripIt originally sought to raise £1 through the round, which is set to close on Monday.  As previously… Read More

Update: Blueprints Set to Close Crowdcube Round With More Than £1 Million in Funding

Blueprints, a UK-based investment platform for equitable development projects, is set to close its equity crowdfunding campaign on Crowdcube with more than £1 million in funding. The investment round was launched in January, originally seeking £950,000 and has attracted 300 investors.  As previously reported, Blueprints’ mission… Read More

Hack on UK’s Police Federation Could Affect 120 000 Police Officers

Hackers have compromised the personal data of up to 120 000 police officers working in England and Wales, and are believed to be demanding a ransom of cryptocurrencies for the data’s safe return, UK news outlet The Sun reports. Data affected by the breach include… Read More

Clean & Renewable Energy Source Embley Energy is Now Seeking £1.5 Million Through Crowdcube Round

Embley Energy, a UK-based clean and renewable energy source, is now seeking £1.5 million through its new equity crowdfunding campaign on Crowdcube for its SPERBOY device. According to Embley Energy, the SPERBOY device has the ability to generate large amounts of energy through wave power…. Read More

Nutmeg Announces Summer 2019 Crowdfunding Round Plans

UK-based fintech firm Nutmeg announced on Wednesday it is planning to launch a crowdfunding round this upcoming summer through equity crowdfunding platform, Crowdcube. This news comes just a couple of months after the company secured £45 million through its latest funding round, which was led… Read More

Monzo Pauses Plans to Join UK’s Cheque Image Clearing System

UK challenger bank Monzo announced on Friday it was putting its plans on hold to allow its users to pay in cheques with a picture. The startup reported that last year it announced its plans to join the Image Clearing System, but in January, it… Read More

Success: Grind’s Latest Crowdcube Round Now Nears £3 Million in Funding

UK coffee and cocktail shop, Grind, has returned to equity crowdfunding platform Crowdcube and has not only secured its initial £1,350,000, but is now nearing £3 million from more than 1360 investors. The latest funding round comes less than two years after the company raised… Read More

Update: GripIt Surpasses £1.1 Million in Funding During the Final Days on Crowdcube

Dragon Den alum GripIt is set to close its latest equity crowdfunding campaign on Crowdcube with more than £1.1 million thanks to over 600 investors. The funding round, which comes less than two years after the company raised more than £2 million through its second… Read More

Overfunding: dozens Quickly Secures £3.5 Million Funding Target on Seedrs

dozens, a “new banking and wealth management alternative,” has successfully secured its initial £3.5 million equity crowdfunding target on Seedrs. The funding round has attracted more than 1660 investors so far. As previously reported, dozens describes itself as a new home for money, one that… Read More

dozens Now Seeking £3.5 Million Through New Seedrs Funding Round

dozens, a “new banking and wealth management alternative,” is now seeking £3.5 million through its new equity crowdfunding campaign on Seedrs. Founded in 2018, dozens describes itself as a new home for money, one that constantly helps users save and earn higher interest. It brings… Read More

P2P Property Lender The House Crowd Surpasses £100 Million in Lending

Peer to peer lending platform The House Crowd has surpassed £100 million of invested capital through its platform. The House Crowd said the past year has been pivotal for the platform as the UK property market slowed. The Manchester-based online property lender reported several new… Read More

Say Hello to UK Challenger Bank Tandem’s New Savings Account Feature, Autosavings

UK Challenger bank Tandem Bank just added a new savings account feature powered by Autosavings. The new account pays 0.5% interest and helps anyone save little, while giving customers the flexibility to save how they want, when they want, rounding up purchases to the nearest pound… Read More

Wirex Launches Crypto-Friendly Business Account

Wirex, a hybrid personal finance platform that merges blockchain tech and traditional finance, announced last week the launch of its new cryptocurrency-friendly business account. This news comes just a little over six months after Wirex received its e-money license from the UK Financial Conduct Authority… Read More

UK Parliamentary Group Names PUBLIQ’s Blockchain Platform as Finalist

PUBLIQ has been selected by the All Party Parliamentary Group on Blockchain (APPG Blockchain) for its 2019 showcase of companies solving real-world problems with fully functioning blockchain tech. PUBLIQ is a “non-profit founded to rebuild trust in media.” Among the ten company finalists, PUBLIQ was… Read More

Starling Bank Introduces 3D Secure Feature

Just days after announcing plans to create 150 jobs in its new Southampton office, UK-based digital banking platform Starling Bank announced its new 3D Secure feature. According to the banking group, 3D Secure is a tool for online transactions that require the account holder to… Read More

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