Tagged: uk

July 5, 2018 @ 9:06 am By JD Alois  |  

The Elephant (formerly PrivatEquity.biz Platform), a security token issuance and secondary trading platform, is doing a small hybrid funding round. According to details shared with CI, the offer is seeking a few strategic investors to raise $2 million. The minimum subscription is $250,000 with each… Read More

July 4, 2018 @ 12:19 pm By Samantha Hurst  |  

Revolut, a digital-only bank that claims it is signing up over 120 businesses per day, announced on Wednesday it has signed up one million customers in the UK and saved them over $330 million in fees, as the London-based company continues to prep for global expansion…. Read More

July 4, 2018 @ 9:57 am By JD Alois  |  

The Financial Conduct Authority (FCA) posted its next cohort of Fintech companies accepted into their regulatory sandbox and several blockchain based companies were on the list. BlockEx, a company that is launching a digital bond service on blockchain, was one of these companies.  BlockEx expects… Read More

July 4, 2018 @ 9:32 am By JD Alois  |  

Yesterday, the Financial Conduct Authority announced the next cohort of firms to be accepted into its Fintech Sandbox program. Within this group is a good number of crypto / blockchain. One of these firms, 20|30, will commence test initial coin offerings that will be equity… Read More

July 4, 2018 @ 9:17 am By JD Alois  |  

Yoyo, a mobile payment and marketing platform, has announced a partnership with digital ordering firm Preoday to create a way for retailers to provide pre-ordering services across the UK. Yoyo says it will integrate Preoday’s order ahead solution, enabling customers to pre-order within the Yoyo… Read More

July 3, 2018 @ 2:57 pm By Samantha Hurst  |  

Less than three years after securing £2.5 million through its first Crowdcube funding round, online real estate agency, eMoov, has returned to the equity crowdfunding platform and quickly secured its initial £1 million funding target in less than 24 hours after launching. The campaign’s debut comes just after… Read More

July 3, 2018 @ 9:58 am By Samantha Hurst  |  

UK marketplace platform for mortgages, LendInvest, announced on Tuesday its 2017 financial results, with the year ending on March 31st. The platform reported that the results revealed strong growth across all key metrics. LendInvest revealed that it currently manages more than  £820 million ($1.1 billion) on… Read More

July 3, 2018 @ 8:58 am By Samantha Hurst  |  

PaySend, a UK-based global payments platform, announced on Tuesday it secured $20 million through its latest funding round, which was led by investment firm MARCorp Financial. Founded in 2015, PaySend describes itself as a UK fintech company and payments disruptor on a mission to change how money… Read More

July 3, 2018 @ 8:39 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has posted the 29 firms that will be part of the fourth cohort of the Fintech sandbox. The UK was the trailblazing regulatory agency that first created an environment where innovative financial firms could safely experiment with new services… Read More

July 3, 2018 @ 2:33 am By Erin Hobey  |  

Plum’s second crowdfunding raise on Seedrs is proving to be just as successful as its first £925K campaign. Plum, an artificial intelligence (AI) chatbot for personal finance, returned to Seedrs in late June seeking an additional £850,000 in funding. Funds from the latest Seedrs round will be used to… Read More

July 2, 2018 @ 4:01 pm By Samantha Hurst  |  

SwipeStation, a click and collect service that allows users to create an order from anywhere in sports stadiums and is proven to reduce service time at the bar from more than a minute to under 15 seconds, has successfully raised more than 400,000 through its… Read More

July 2, 2018 @ 3:33 pm By Samantha Hurst  |  

Following the two year anniversary of Brexit, UK peer-to-peer lender Lending Works analyzed the economy, fintech, and peer-to-peer lending industry following the historic EU referendum. The online lender revealed: “Last week marks two years since the historic EU referendum, which saw the British people stun… Read More

July 2, 2018 @ 12:05 pm By JD Alois  |  

In a significant policy move by the UK government, the threshold for investment crowdfunding has been upped to €8 million thus matching the recent change by Germany which announced the same funding limit. This increase is due to a change in the Prospectus Directive. In the… Read More

July 2, 2018 @ 12:03 pm By Samantha Hurst  |  

Polysolar, a UK-based cleantech company who make windows that generate electricity, announced on Monday it secured an additional syndicate investment from Green Angel Syndicate (GAS) and has decided to extend its equity crowdfunding campaign on Crowdcube, which is quickly approaching £1 million in funding. The campaign… Read More

July 2, 2018 @ 10:56 am By Samantha Hurst  |  

Peer-to-peer lending platform Zopa announced on Monday its 2017 profit after tax of £1.5 million for its online lending business. According to the Fintech, 2017 was a year of strong and sustainable growth, with the year’s revenue being £46.5 million – an increase of 40%… Read More

July 1, 2018 @ 10:50 pm By JD Alois  |  

Digital challenger bank Monzo reported on Friday that Typeform, a company they have utilized for user surveys, experienced a data breach that impacted some of their users. Tom Blomfield, CEO of Monzo, published a post on the Monzo blog outlining the attack. Monzo was quick… Read More

June 30, 2018 @ 8:21 pm By Samantha Hurst  |  

With its equity crowdfunding campaign on Crowdcube set to close next Friday, UK-based cleantech Polysolar is now nearing £1 million thanks to more than 1140 investors. As previously reported, Polysolar was established in 2007 and has developed, along with commercialized, transparent photovoltaic glass technology. Polysolar is… Read More

June 29, 2018 @ 4:00 pm By Samantha Hurst  |  

Just a few months after securing £471,630 through its first equity crowdfunding campaign on Seedrs, health food brand Aduna has returned to the funding portal seeking an additional £300,000 in funding. As previously reported, Aduna was founded in 2012 by Nick Salter and Andrew Hunt. The company… Read More

June 28, 2018 @ 2:00 pm By Samantha Hurst  |  

Ingle & Rhode, a jewelry brand that offers certified Fairtrade and conflict-free fine jewelry direct to its consumers, has successfully secured its initial £300,000 funding target on Crowdcube. The crowdfunding campaign was launched earlier this month and so far has attracted more than 200 investors. As previously… Read More

June 28, 2018 @ 9:30 am By Samantha Hurst  |  

Trezeo, a UK-based fintech startup that’s focused on delivering financial stability to the self-employed, announced on Thursday the launch of its equity crowdfunding campaign on Seedrs. The company is now seeking £400,000 to help fully launch its income smoothing business account product and kickstart its growth… Read More