Tagged: uk

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

October 29, 2018 @ 8:21 am By Samantha Hurst  |  

London-based fintech TransferGo is now seeking €11.5 million through a funding round on equity crowdfunding platform Seedrs.   As previously reported, TransferGo currently offers transfers between nearly 50 countries and recently claimed to be the first remittance company to offer a cryptocurrency trading facility with customers… Read More

October 29, 2018 @ 8:13 am By JD Alois  |  

Thread, a new spin on the retail experience that combines artificial intelligence with stylists, has quickly raised over £1 million on Crowdcube. The equity offering which has a pre-money valuation of £68,620,541, is part of a larger Series A round that has been backed by… Read More

October 27, 2018 @ 9:33 am By Samantha Hurst  |  

Wildanet, a UK-based wireless internet service provider (WISP), has secured the initial £1 million funding target through its equity crowdfunding campaign on Crowdcube. Founded in 2017, Wildanet describes itself as a company that provides fast wireless internet access to rural and hard to reach areas. “We… Read More

October 26, 2018 @ 11:06 am By Samantha Hurst  |  

Crowdfunded craft brewery BrewDog announced on Thursday it is now offering beer lovers an ultimate craft beer experience that is featured on the brewing company’s new craft beer airline. According to BrewDog, BrewDog Airlines takes flight in February 2019 with a round-trip between London and… Read More

October 25, 2018 @ 8:35 pm By Cali Haan  |  

After two years in development and two false starts, Britain’s Royal Mint has canceled plans to issue a cryptocurrency backed by gold, Reuters reports. According to sources to Reuters, the issuing and distribution of the “Royal Mint Gold (RMG)” token: “…would have been the first time… Read More

October 25, 2018 @ 3:00 pm By Samantha Hurst  |  

UK-based digital banking solution goHenry is set to close its latest equity crowdfunding campaign on Crowdcube with more than £5.7 million from over 3,000 investors. The latest funding round made its debut on the funding platform at the beginning of September and quickly secured its initial £2 million funding target…. Read More

October 25, 2018 @ 2:32 pm By JD Alois  |  

Beauhurst is out with UK deal numbers for equity investment in Q3 and both the amount, and total number of deals, dropped in comparison to Q2. In fact, the total number of deals is the lowest since Q3 of 2014. The report indicates the following:… Read More