Tagged: uk

February 3, 2019 @ 5:33 pm By Samantha Hurst  |  

Safe Solvents, a UK-based environmental technology company, has successfully secured its initial £800,000 funding target on equity crowdfunding platform, Crowdcube. Launched in 2015, Safe Solvents reports that it researches, designs, formulates, and manufactures its own range of parts washing machines and advanced solvent replacement products in… Read More

February 2, 2019 @ 1:41 pm By JD Alois  |  

Dinosaur Financial Group issued a release on their relationship with tZero, Overstock’s digital asset trading marketplace, on Friday. The announcement that Dinosaur’s institutional brokerage firm was partnering with tZero was old news. A few days prior, tZero had announced the commencement of trading via Dinosaur as the “introducing… Read More

February 2, 2019 @ 6:17 am By JD Alois  |  

Property Partner is now offering an Innovative Finance ISA (IF ISA), according to a release from the property crowdfunding platform. Just like a regular ISA, investors may place up to £20,000 per year into an IF ISA account, which may then be used to invest… Read More

February 1, 2019 @ 9:09 pm By Samantha Hurst  |  

Car & Classic, a UK-based classic car marketplace, has successfully secured its initial £1 funding target through the equity crowdfunding platform, Crowdcube. Founded in 2005 by Cazana, which is a provider of machine-learning vehicle valuation tools backed by Passion Capital and Origin Capital, Car & Classic… Read More

February 1, 2019 @ 10:46 am By Samantha Hurst  |  

Three Joes, a UK-based sourdough pizza restaurant chain, has decided to extend its equity crowdfunding campaign on Crowdcube. The funding round was launched in January and has already secured its initial £400,000 funding target and now nearing £455,000 from more than 300 investors. As previously reported, Three Joes… Read More

February 1, 2019 @ 9:12 am By JD Alois  |  

Dairy-free ice cream brand Coconuts Naturally pitched their product on Dragon’s Den last year receiving two offers. Peter Jones called Coconuts Naturally the best ice cream he has tasted. Founder Cecily Mills turned them both down. Mills decided to pitch her product on Seedrs instead. The… Read More

February 1, 2019 @ 8:29 am By Samantha Hurst  |  

Barclays announced on Friday it has welcomed the ten companies that will join the 2019 London Barclays Accelerator, powered by Techstars class, which is the sixth London programme to date. The Barclays Accelerator reportedly provides successful applicants with a Financial Technology (FinTech) focused, 13-week programme. Each of the… Read More

February 1, 2019 @ 2:18 am By JD Alois  |  

The Global Financial Innovation Network (GFIN) is now open for applications. GFIN is a group of 29 international organisations including the Financial Conduct Authority (FCA) as well as the US Consumer Financial Protection Bureau (CFPB), Monetary Authority of Singapore (MAS), Hong Kong Monetary Authority (HKMA) and… Read More

January 31, 2019 @ 1:40 pm By Samantha Hurst  |  

UK challenger bank Monzo and fintech Flux announced on Thursday they have expanded their partnership to offer Flux receipts and rewards directly within the Monzo app. According to the duo,  Monzo customers the option to be able to see exactly what they’ve bought, whenever they use their… Read More

January 31, 2019 @ 11:55 am By JD Alois  |  

Seedrs, a leading UK based investment crowdfunding platform, has launched a new fund for investors in early-stage firms. The EIS100 Fund enables passive investors to gain exposure to 100 or so individual companies over a 12 month period. Of course, investors benefit from the wonders… Read More

January 31, 2019 @ 7:38 am By Samantha Hurst  |  

Germany-based challenger bank N26 announced earlier this week the launch of its new subscription-based current account, Black. This news comes days after N26 celebrated its fourth birthday and weeks after the company successfully secured $300 million through its Series D funding round, which was led by venture capital and… Read More

January 31, 2019 @ 7:27 am By Samantha Hurst  |  

B2C2, a UK-based cryptocurrency liquidity platform, has received its authorization from the Financial Conduct Authority (FCA). Founded in 2015, B2C2 claims to be one of the largest cryptocurrency liquidity providers and the leader in electronic OTC trading. The company reported it is trusted by retail… Read More

January 30, 2019 @ 12:22 pm By Samantha Hurst  |  

UK banking group NatWest announced on Wednesday it has launched its Data Academy will offer a wide range of training, courses, and qualifications that will cover all levels of data proficiency. According to NatWest, the academy is opened to all of the bank’s 70,000 employees and those enrolled will gain… Read More

January 30, 2019 @ 10:06 am By JD Alois  |  

In a hugely embarrassing shift of events, Fintech Curve has been blocked by American Express. The smart card that “combines all of your credit and debit cards on a single card” announced this week that Amex was back following several months were the credit card was not… Read More

January 30, 2019 @ 8:22 am By JD Alois  |  

Property finance investment platform LendInvest has funded a £7.35 million bridge loan for an “industry-leading developer” in under seven days. The online investment platforms says they stepped in to fill a void left by another lender. Daniel O’Neil, Director at SPF Private Clients explained that… Read More

January 30, 2019 @ 7:51 am By JD Alois  |  

Downing Crowd has listed a £3 million bond for care home developer Magnus Care Group. The security offers investors an annual rate of return of 7% plus the potential for added equity upside. The bond has already raised more than £2.6 million. Magnus recently acquired… Read More

January 29, 2019 @ 12:59 pm By Samantha Hurst  |  

Cross River, a bank that delivers advanced financial and compliance products/services to the fintech industry, announced on Tuesday it has formed a new partnership with Railsbank Technology Limited, a UK-based open banking and RegTech technology services platform, to provide Railsbank a variety of API-powered, banking and… Read More

January 29, 2019 @ 12:00 pm By JD Alois  |  

Digital bank Revolut has announced a new agreement with London-based Regtech ClauseMatch. According to a release from ClauseMatch, following a successful trial period the bank is adopting the regulatory technology to streamline management of internal policies, controls, and regulatory compliance. The trial period only took… Read More

January 29, 2019 @ 8:31 am By Samantha Hurst  |  

Peer to peer lender Lending Works announced on Tuesday it has surpassed £150 million in successful loans to households and firms. The online lending platform reported it has so far helped more than 25,000 people to get a better value personal loan since its launch in January… Read More

January 29, 2019 @ 7:47 am By JD Alois  |  

Digital challenger bank Revolut has provided some additional details into their strategy for international expansion. Long forecasted, the global rollout of the bank has yet to breach the confines of Europe. To facilitate the expansion, Revolut said they are creating an “elite global licensing team”… Read More