Tagged: uk

December 10, 2018 @ 10:47 am By Samantha Hurst  |  

London Block Exchange, a multi-cryptocurrency exchange dedicated to the UK market, announced late last month that the first ever digital pound sterling through its partnership with AlphaPoint, a global blockchain technology company focused on enabling institutions to issue digital assets and to operate digital asset… Read More

December 10, 2018 @ 9:39 am By Samantha Hurst  |  

Tide, a UK-based SME challenger banking, announced on Monday it has claimed one percent of the UK SME banking market just two years after it first started operations. The company reported that by the end of 2018, 56,000 of a total of 5.6 million UK… Read More

December 8, 2018 @ 9:52 am By JD Alois  |  

Last month, CI attended the annual LendIt Fintech Europe event which has taken place in London over the past few years – even while Brexit hangs like an ominous cloud over the European financial center. London, consistently described as the leading Fintech hub in the… Read More

December 7, 2018 @ 8:40 pm By Samantha Hurst  |  

Just a little over six months after securing more than £1.1 million through its first Seedrs round, plug socket brand Den has returned to the equity crowdfunding platform and quickly raised its initial £810,000 funding target. As previously reported, Den was founded in 2013 and describes… Read More

December 6, 2018 @ 9:20 am By JD Alois  |  

Investment Crowdfunding Success. Global crowdfunding platform FundedByMe is out with a note commenting on the rise of Uniti. Uniti is an electric car manufacturer startup that started in Sweden. Uniti first launched in 2015, is the creation of entrepreneur Lewis Horne.  Uniti is an electric city… Read More

December 5, 2018 @ 1:48 pm By Samantha Hurst  |  

Thread, a new spin on the retail experience that combines artificial intelligence with stylists, is set to close its equity crowdfunding campaign on Crowdcube later this evening with more than £2 million in funding thanks to over 3250 investors. The funding round was launched last month and… Read More

December 5, 2018 @ 10:27 am By Samantha Hurst  |  

Ingard, a compliance network, brokerage, and lending packager specialist, announced on Tuesday online lending platform LendInvest has joined its buy to let panel. According to Ingard, members may now access the lender’s buy to let range direct by registering through LendInvest’s online portal. Ingard reported: “LendInvest offer a… Read More

December 5, 2018 @ 10:18 am By JD Alois  |  

Monzo, an emerging heavy-weight in the hot digital banking sector, has shared that 36,006 individuals crowdfunded £20 million in just 2 days, 2 hours and 45 minutes. The offer was hosted on Crowdcube and received intense interest as competition in the UK banking sector heats… Read More

December 5, 2018 @ 9:58 am By JD Alois  |  

Zopa to Offer “Feel Good Money” Digital Bank Peer to peer lender Zopa has received authorization from both the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) to operate its much anticipated digital challenger bank. Initially, Zopa will operate with a bank license… Read More

December 5, 2018 @ 7:39 am By JD Alois  |  

The Competition and Markets Authority (CMA) has decided to launch an in-depth investigation into the acquisition of Sweden based iZettle by PayPal. As CI previously reported, the CMA stated that PayPal could face insufficient competition in the UK after acquiring its market-leading rival iZettle. PayPal… Read More

December 5, 2018 @ 6:45 am By JD Alois  |  

Peer to peer property lender CrowdProperty is now disclosing their performance metrics using Brismo’s (formerly known as AltFi) standardized reporting methodology. CrowdPropert states that it is the first property development platform to incorporate the Brismo process which is described as an independent standard. Commenting on the… Read More

December 3, 2018 @ 12:26 pm By JD Alois  |  

Chilango, a chain of “quick service” Mexican restaurants is extending their minibond offer beyond their originally announced December 2nd deadline. According to Chilango, the Burrito Bond 2, which kicked off in October, will be extended into 2019. Currently, Chilango is reporting that £2.4 million has… Read More

December 2, 2018 @ 9:48 pm By Samantha Hurst  |  

Just a few weeks after launching its equity crowdfunding campaign on Seedrs, UK property crowdfunding platform British Pearl has successfully secured its initial £2 million funding target from more than 430 investors. As previously reported, British Pearl describes itself as an online property investment platform facilitating… Read More

December 2, 2018 @ 12:43 pm By JD Alois  |  

Uniti, the Sweden founded electric car manufacturer, will open up their current equity crowdfunding offer to the general public this week. Currently listed on Crowdcube for pre-registered investors, Uniti has raised over £686,000 from 353 investors to date. Uniti is seeking £1 million in funding… Read More

November 30, 2018 @ 9:38 pm By Samantha Hurst  |  

Just a little over a year after securing £984,110 through its first equity crowdfunding campaign on Crowdcube, modular contemporary company nHouse has returned to the funding portal to raise a minimum of £200,000. As previously reported, nHouse creates spacious, high-tech, and free “grand design” styled homes in a factory…. Read More

November 30, 2018 @ 10:09 am By Samantha Hurst  |  

Just days after announcing plans to raise up to £20 million through its upcoming crowdfunding round, UK challenger bank Monzo is now setting the record straight after a media outlet claimed that the startup was lending money to customers to help them purchase shares. According to… Read More

November 29, 2018 @ 8:30 pm By Samantha Hurst  |  

UK-based current accounting and tax platform Coconut has successfully secured more than £1.3 million through its equity crowdfunding campaign on Crowdcube, which is set to close next week. The funding round has attracted more than 1,500 investors. As previously reported, Coconut describes itself as a current account that takes… Read More

November 29, 2018 @ 4:46 am By JD Alois  |  

Online property lender LendInvest is reporting it has provided an industry leading developer with a £19.3 million loan to fund a large residential development in the South West. From instruction to completion, LendInvest took only 60 days to facilitate the development loan. LendInvest states that this… Read More

November 29, 2018 @ 3:36 am By Erin Hobey  |  

Helpfulpeeps, a UK P2P social marketplace for local help, currently counts over 175,000 registered members through its iOS, Android and web platforms. In order to reach its aim of “building the future of local services” by using tech to match those who would like help… Read More

November 28, 2018 @ 2:18 pm By Samantha Hurst  |  

The British Business Bank announced on Wednesday it has committed up to £150 million for lending to UK small businesses through Funding Circle. According to the banking group, the transaction is under its ENABLE Funding program and is designed to accelerate lending to small businesses and… Read More