Tagged: uk

March 15, 2019 @ 9:34 pm By Samantha Hurst  |  

Just weeks after securing a £100 million grant from the Capability and Innovation Fund (CIF), UK-based banking platform Starling Bank announced it is set to create 150 jobs in its new Southampton office. According to Starling Bank, the office will be open by the summer… Read More

March 14, 2019 @ 2:24 pm By Samantha Hurst  |  

Barclaycard, which processes nearly half of the UK’s credit and debit card transactions, announced on Thursday it has formed a new partnership with Alipay, a global payment and lifestyle platform, to allow retailers to accept Alipay transactions in stores across the UK. Barclaycard reported that… Read More

March 13, 2019 @ 5:34 am By JD Alois  |  

Seedrs, a leading UK based online investment platform, has announced that its AutoInvest product is now availalbe. The feature launched in Beta mode in mid-2018 and enables investors to fully customize their individual criteria and “Build Your Own Bot” to efficiently create investment portfolios of… Read More

March 12, 2019 @ 3:59 pm By Samantha Hurst  |  

Dragon Den alum GripIt has successfully secured its initial £1 million funding target through its latest equity crowdfunding campaign on Crowdcube. The funding round was launched last month and has attracted more than 500 investors. As previously reported, GripIt describes itself as the World’s Ultimate… Read More

March 12, 2019 @ 7:51 am By JD Alois  |  

Peer to peer lending platform Folk2Folk has relaunched their entire product line. Folk2Folk is a unique online lender as it targets localized loans and has a strategic local presence across the UK. Folk2Folk explained the changes in a release where management said the range of… Read More

March 11, 2019 @ 12:11 pm By Samantha Hurst  |  

Blueprints, a UK-based investment platform for equitable development projects, has successfully secured its initial £950,000 funding target through its equity crowdfunding campaign on Crowdcube. The funding round was launched in January and has already attracted nearly 200 investors.  As previously reported, Blueprints’ mission is to empower… Read More

March 11, 2019 @ 8:14 am By JD Alois  |  

CapitalRise, a property crowdfunding platform, is raising growth capital on Seedrs. The just recently launched campaign has quickly topped its initial goal of raise £1.5 million for 8.57% equity in the company. Today, 307 individual investors have participated in the offer that has a pre-money… Read More

March 11, 2019 @ 7:30 am By JD Alois  |  

Crowd2Fund, a UK based investment platform, is targeting the Global Financial Innovation Network (GFIN) markets for expansion. In late 2018, the UK Financial Conduct Authority (FCA) ratcheted up their innovation focus by launching GFIN as it sought to target the larger challenges of cross border… Read More

March 10, 2019 @ 8:59 pm By Samantha Hurst  |  

WorldLabs, a UK-based digital platform that connects innovators around the world, has successfully secured its initial 400,000 funding target through its equity crowdfunding campaign on Seedrs. The funding round was launched in January and has already attracted more than 340 investors.  As previously reported, WorldLabs… Read More

March 10, 2019 @ 8:47 pm By Samantha Hurst  |  

Festicket, a UK-based music festival experience marketplace, is now seeking £4 million through its new equity crowdfunding campaign on Crowdcube. Founded in 2012 by Zack Sabban and Jonathan Younes , Festicket states it provides fans of live music a unique, hassle-free, and money-saving service to… Read More

March 10, 2019 @ 10:48 am By JD Alois  |  

The British Bank Awards, an event that aspires to be the “Oscars of the banking world,” has revealed their 2019 winners. Now in its fifth year of operation, the British Bank Awards are run by Smart Money People a review and insight platform for financial… Read More

March 9, 2019 @ 7:18 am By Samantha Hurst  |  

Less than two years after securing £1.3 million through its Seedrs funding round, Independent wine merchant and wine bar concept, Humble Grape, returned to the equity crowdfunding platform and has already secured its initial £400,000 funding target. The initiative is now nearing £550,000 thanks to… Read More

March 9, 2019 @ 6:58 am By Samantha Hurst  |  

Global investment platform, eToro, announced on Thursday the launch of its cryptocurrency trading platform and wallet in the U.S. eToro reported that eth the launch, U.S. customers with diverse levels of expertise may use its platform to collaborate with one another to find cryptoasset trading… Read More

March 8, 2019 @ 1:05 am By Cali Haan  |  

The Financial Conduct Authority (FCA) of the United Kingdom has issued a warning against a Bulgarian firm, “…claiming to be an FCA-authorised firm offering cryptocurrencies to UK consumers.” The FSA says the company is illegal and has been soliciting UK investors via email containing various… Read More

March 7, 2019 @ 5:59 am By JD Alois  |  

Downing LLP has acquired the peer to peer lender Funding Empire, the company behind Downing Crowd’s platform technology. Funding Empire is the trading name for Tally Marketplace Lending Ltd. Downing LLP is an FCA authorized and regulated investment manager which operates the crowdfunding platform, Downing… Read More

March 7, 2019 @ 5:42 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has released two reports on cryptocurrency which were commissioned on behalf of the UK government. The FCA has previously published documents on the emerging “crypto-asset” sector as it seeks to better understand which digital assets should be regulated and… Read More

March 6, 2019 @ 3:15 pm By Samantha Hurst  |  

U.S.-based fintech FinMason announced on Wednesday it has launched in the UK by officially bringing a pound sterling version of its acclaimed investment analytics service platform. This news comes less than a year after FinMason made its debut in Canada. FinMason claims to be the… Read More

March 6, 2019 @ 1:32 pm By JD Alois  |  

The UK Peer-to-Peer Finance Association (P2PFA) has published fourth quarter numbers for member platforms. According to their data, cumulative lending now tops £9.5 billion with over £800 million originated during the period. The P2PFA states that platforms facilitated loans worth nearly £3 billion during 2018…. Read More

March 5, 2019 @ 11:40 am By Samantha Hurst  |  

UK-based fintech startup, Upgrade Pack, has launched an equity crowdfunding campaign on Seedrs to raise £500,000. Founded in 2018, Upgrade Pack is described as a closed marketplace where airlines and hotels make discounted upgrades available to an exclusive membership consumer base. The company revealed: “Our… Read More

March 5, 2019 @ 11:00 am By JD Alois  |  

A new report by the Cambridge Centre for Alternative Finance (CCAF) states that if properly regulated, Fintech can “extend the benefits of financial inclusion to millions of unbanked and underbanked people around the world.” Fintech has the potential to provide enormous benefit for the less… Read More