Tagged: uk

September 12, 2018 @ 9:22 am By JD Alois  |  

Online lender iwoca says it is UK’s fastest growing SME finance provider. The claim comes following the publication of the Sunday Times Hiscox Tech Track 100 which ranked iwoca 30th on the list. The Sunday Times Hiscox Tech Track 100, published last Sunday, 9th September 2018…. Read More

September 12, 2018 @ 7:54 am By JD Alois  |  

Fintech Azimo, a European money transfer service, has has been added to the Sunday Times Hiscox Tech Track 100 list joining a prominent list of UK tech firms including some big names in Fintech. This is the first year for Azimo to be added to… Read More

September 11, 2018 @ 3:58 pm By Samantha Hurst  |  

UK-based healthy snack brand Emily Crisps is now seeking £1 million through its equity crowdfunding campaign on Seedrs. Founded in 2013 by Emily Wong and Ale Ascani, Emily Crisps’ main goal is to change the way people eat for the better, and more importantly, the tastier…. Read More

September 11, 2018 @ 2:10 pm By Samantha Hurst  |  

Ingo, a London-based company that specializes in sushi handrolls, has launched an equity crowdfunding campaign on Crowdcube. The company is now seeking £300,000 in funding and is offering a 13.46% stake (pre-money valuation: £2,250,000). Inigo was reportedly founded by Jeremy Bliss, who is a Melbourne… Read More

September 11, 2018 @ 11:27 am By Samantha Hurst  |  

Fintech unicorn, TransferWise, announced on Monday its yearly report, which indicated some growth and development for the money transfer service platform.  Founded in 2011, TransferWise is on a mission to provide a positive, irreversible change in the world of finance. It claims to be the fairest, easiest… Read More

September 11, 2018 @ 10:12 am By Samantha Hurst  |  

Just a little over two years after securing nearly £4 million through its first equity crowdfunding campaign on Crowdcube, digital banking solution gohenry announced on Tuesday it is planning to launch a new Crowdcube initiative. As previously reported, gohenry was founded in 2012 by a group of parents… Read More

September 11, 2018 @ 7:53 am By JD Alois  |  

At the request of the Chancellor of the Exchequer, Mark Carney, the Governor of the Bank of England, has seen his term extended until January 2020. In publicly published letter, Chancellor Philip Hammond officially extended his request that Carney remain at the Bank; “Further to… Read More

September 10, 2018 @ 3:36 pm By Samantha Hurst  |  

AI web app butterwire has successfully secured its initial £200,000 funding target from nearly 100 investors through its equity crowdfunding campaign on Crowdcube. According to butterwire, the app was launched in June 2018 and is described as professional research and portfolio analyst platform that may… Read More

September 10, 2018 @ 8:46 am By Samantha Hurst  |  

Augmentum Fintech plc (LSE: AUGM) announced on Monday it invested £2.5 million in Unmortgage as part of the UK-based startup’s £10 million seed funding round. Founded in 2016, Unmortgage describes itself as a company that offers a completely new way for people to get on “the… Read More

September 10, 2018 @ 7:51 am By JD Alois  |  

Crowdcube, a leading European crowdfunding platform based in the UK, has acquired software provider Supdate. According to Crowdcube, the acquisition will help Crowdcube funded companies be more connected with their shareholders. Terms of the acquistion were not revealed but a blog post indicated that Supdate… Read More

September 7, 2018 @ 10:29 pm By Samantha Hurst  |  

MacRebur, a UK-based company that uses waste plastics to create strong, longer-lasting roads, has successfully secured its initial £1.5 million funding target through its latest equity crowdfunding campaign on Seedrs. The campaign recently launched, just a little over a year and a half after MacRebur secured £1,274,140 through its… Read More

September 7, 2018 @ 9:10 am By JD Alois  |  

According to Electroneum, more than one million people have now downloaded their mobile cryptocurrency mining app on the Google Play store. Electroneum says their app enables users to mine and transfer its digital currency, ETN, through their phones Electroneum says it is one of only 25,271… Read More

September 7, 2018 @ 8:06 am By JD Alois  |  

COMPEON, a full-service commercial financing provider that connects businesses to both traditional banks and Fintechs, has created a new “digital link” with online lender iwoca to provide access to speedier loans. COMPEON, based in Düsseldorf, says this steps up the existing partnership between the finance portal… Read More

September 6, 2018 @ 7:00 pm By Alexander Dunaev  |  

Wonga enjoyed a meteoric rise to fame. The company achieved £300 million of revenue in 2012, just six years after it was founded. Managing growth of this nature is enormously challenging and one doesn’t need to look far to spot similar issues at other warp… Read More

September 6, 2018 @ 10:58 am By Samantha Hurst  |  

UK-based blockchain firm Stratis announced last week it has formed a partnership with online pharmacy, UK Meds, to help implement blockchain technology across its UK operations. Founded in 2017, Stratis claims it offers end-to-end solutions for development, testing and deployment of native C# blockchain applications… Read More

September 6, 2018 @ 9:00 am By Samantha Hurst  |  

UK-based peer-to-peer lending platform Welendus announced on Thursday the launch of an industry-first; it’s HMRC-approved Innovative Finance ISA (IFISA), which is set to allow investors to invest their annual ISA allowance in a flexible high return investment product, with no income tax on the interest… Read More

September 6, 2018 @ 8:48 am By JD Alois  |  

The UK government is organizing its next Fintech Mission – this time to Austria and Switzerland – scheduled to take place the 23-24 of January 2019. Following along the lines of previous Fintech Missions, DIT will be arranging meetings between aspiring Fintechs and banks, VCs,… Read More

September 6, 2018 @ 8:30 am By JD Alois  |  

Having previously announced support for British Pounds, Coinbase has announced it will introduce new trading pairs for Coinbase Pro. Beginning this Friday, Coinbase will offer exchanges in: ETH–GBP, ETC–GBP, LTC–GBP and BCH–GBP. Coinbase already supports Bitcoin to Pounds. Trading pairs will be launched in stages –… Read More

September 5, 2018 @ 4:33 pm By Samantha Hurst  |  

TruRating, a UK-based consumer insight firm that uses point of sale to collect mass, accurate feedback, is quickly nearing its £1.8 million equity crowdfunding target on Seedrs. The campaign, which was launched last month, has raised more than £1.7 million from nearly 200 investors. Founded in 2014, the… Read More

September 5, 2018 @ 1:29 pm By JD Alois  |  

This past spring, Arizona became the first US state to create its very own bespoke Fintech Sandbox thus replicating a successful program initially launched in the UK. Since the UK regulatory authorities launched their Sandbox, many countries have done the same. Arizona House Bill  2343 allows… Read More