Tagged: uk

November 6, 2018 @ 3:27 pm By Samantha Hurst  |  

UK-based current accounting and tax platform Coconut has quickly secured its initial £500,000 funding target through equity crowdfunding platform, Crowdcube. Founded in 2016, Coconut describes itself as a current account that takes care of a user’s accounting and tax. The platform is designed specifically for freelancers,… Read More

November 6, 2018 @ 7:40 am By JD Alois  |  

Artificial Intelligence (AI) is creeping into every sector of the economy. Financial services is a huge beneficiary of AI as it has the potential to provide better services at a lower cost to many more people. In the recent Autumn Budget presentation by Chancellor Philip… Read More

November 6, 2018 @ 7:20 am By Samantha Hurst  |  

Nebeus, a UK-based fintech platform that is used for the consumption and creation of financial services and products, has successfully secured its initial £1.1 million funding target through its equity crowdfunding campaign on Crowdcube. The funding round has already attracted nearly 475 investors. As previously reported, Nebeus,… Read More

November 5, 2018 @ 9:39 am By JD Alois  |  

Uniti, an electric car that was developed in Sweden, is planning to raise capital on Crowdcube as it expands into the United Kingdom. In 2016, Uniti sold equity on FundedByMe a valuation of €9.8 million. The following year, Uniti launched a self-crowdfunding campaign that received the backing… Read More

November 5, 2018 @ 9:37 am By Samantha Hurst  |  

Kindaba, a UK-based private social media platform giving users full control of their data and network, is now seeking £300,000 through its equity crowdfunding campaign on Crowdcube. Founded in 2017, Kindaba reported that it is used by families all over the world to stay connected and the… Read More

November 4, 2018 @ 1:58 pm By Samantha Hurst  |  

99homes, a UK-based hybrid agency that provides a one-stop shop service for clients looking to either sell or rent their property, has successfully secured its initial £295,000 funding target on equity crowdfunding platform, Crowdcube. Located in London, 99home stated it offers a competitively online priced package… Read More

November 2, 2018 @ 9:58 pm By Samantha Hurst  |  

Fea, UK-based fintech that offers a mobile-first, fixed fee credit card, is now seeking £100,000 through its equity crowdfunding campaign on Crowdcube. The startup reported that it is on a mission to make borrowing “a better experience.” The company’s idea comes from its founder Faisal Khalid’s personal experiences, with $130,000… Read More

November 2, 2018 @ 12:00 pm By Samantha Hurst  |  

Prop-tech startup Brickowner has successfully secured its initial £150,000 funding target on equity crowdfunding platform Seedrs. The funding round is now nearing £220,000 thanks to more than 180 investors. As previously reported, Brickowner’s investment platform has reportedly experienced significant growth throughout 2018, even completing five raises totaling £4.9… Read More

November 1, 2018 @ 10:19 pm By Cali Haan  |  

Arthur Hayes, CEO of the Hong Kong-based Bitcoin-derivatives exchange BitMEX, has told an audience in London that the bear market for Bitcoin could last another 18 months, Yahoo Finance reports. “My view is the volatility environment that exists right now could persist for another 12 to… Read More

November 1, 2018 @ 8:44 am By Samantha Hurst  |  

Jaja Finance, a UK-based fintech startup, is now seeking £3 million through its equity crowdfunding campaign on Seedrs. This news comes after the launch of the company’s new mobile-first credit card, Jaja, which is managed entirely through the Jaja app, is designed to liberate consumers by redefining the… Read More

November 1, 2018 @ 8:22 am By Samantha Hurst  |  

Just a little over two years after securing nearly £200,000 through its first Crowdcube round, UK-based Seven Bro7hers Brewery has returned to the equity crowdfunding platform seeking £500,000 in funding. Established in 2014, Seven Bro7her described itself as a family craft beer brewery that believes there is a still a… Read More

October 31, 2018 @ 10:45 am By Samantha Hurst  |  

Less than two weeks after launching its latest equity crowdfunding campaign on Crowdcube, UK online lending platform WiseAlpha has now surpassed £2 million from more than 980 investors. The funding round quickly secured its initial £1 million.  As previously reported, WiseAlpha’s online lending platform aims to give retail investors… Read More

October 31, 2018 @ 10:09 am By Samantha Hurst  |  

UK-based challenger bank Monzo announced on Wednesday it successfully secured £85 million through its latest investment round, which was led by General Catalyst, alongside Accel and the startup’s existing investors. The company’s valuation is now at $1 billion. Founded in 2015, Monzo describes itself as a fintech startup that “lives… Read More

October 31, 2018 @ 8:02 am By JD Alois  |  

Modulus, a US based firm that provides financial services software / hardware, and Quantex, a regulatory compliant digital asset exchange, have jointly announced a partnership to bring blockchain enabled financial services products to institutional customers. As part of the joint venture, the companies will launch… Read More

October 31, 2018 @ 7:43 am By JD Alois  |  

Online lender iwoca is reporting that it has successfully released Open Banking for all new customers with a Lloyds Bank account. iwoca says it is the first ever business lender to connect with any of the UK’s nine largest banks under the Open Banking initiative,… Read More

October 30, 2018 @ 11:02 am By Samantha Hurst  |  

With its latest equity crowdfunding campaign on Crowdcube set to close later this evening, UK-based digital banking solution goHenry will complete the funding round with nearly £6 million from more than 3300 investors. goHenry’s financial services, which is a debit card and app, is geared for the digital… Read More

October 30, 2018 @ 9:12 am By JD Alois  |  

As one would expect, yesterday’s Autumn Budget announcement delivered something for everyone. With Brexit getting closer, the UK Government is in “all-hands” mode seeking to boost the economy in preparation for the European divorce. Chancellor of the Exchequer Philip Hammond stated: “We are at a… Read More

October 29, 2018 @ 6:23 pm By JD Alois  |  

In the wake of the Autumn Budget  delivered by Chancellor of the Exchequer Philipp Hammond today, the Financial Conduct Authority (FCA), Bank of England, and HM Treasury has published their final report on the topic of regulating cryptoassets and distributed ledger technology (DLT/blockchain). The Cryptoasset… Read More

October 29, 2018 @ 11:48 am By Samantha Hurst  |  

Crowdfunder UK, along with the support of nine Scottish LEADER areas, announced on Monday it is now supporting crowdfunding projects across Scotland through the new Crowdfund Scotland program. According to Crowdfunder UK, Crowdfund Scotland will provide coaching and support for projects in the nine participating… Read More

October 29, 2018 @ 11:11 am By Samantha Hurst  |  

Prop-tech startup Brickowner announced on Monday it has reached a significant milestone. The investment platform reported its first loan was redeemed securing investors an annual return of 8%. According to Brickowner, the loan was monitored and managed on behalf of the platform by E&H Ltd. and… Read More