Tagged: uk

May 20, 2018 @ 2:26 pm By Samantha Hurst  |  

Spun, a British artisan candy-maker specializing in hand-crafted candy, is now seeking £450,000 through its equity crowdfunding campaign on Crowdcube. Launch in 2013, the company revealed that it has developed hundreds of designs and flavors of confectionery. Its product range is constantly “evolving, pushing the boundaries,… Read More

May 16, 2018 @ 10:49 am By JD Alois  |  

Marcus, a fast emerging digital only challenger bank, is poised to enter the UK market and then cross the channel to set up operations in Germany. This is according to multiple reports as the erstwhile online lender leverages its successful US tech in other markets…. Read More

May 16, 2018 @ 10:19 am By JD Alois  |  

Andrew Bailey, Chief Executive of the UK Financial Conduct Authority (FCA), addressed the regulator’s business plan for the coming year in a speech this week. Touching upon innovations in financial services, Bailey stated; “Fintech and Big Data are transforming financial services. We will seek to… Read More

May 14, 2018 @ 2:20 pm By Samantha Hurst  |  

Banking giant Santander is currently making preparation to launch a new stand-alone UK digital bank specifically for SMEs within the next few months. According to the Telegraph, The Spain-based bank is also considering bringing its digital lending service, Openbank to the UK as well. A spokesperson… Read More

May 13, 2018 @ 5:22 pm By Samantha Hurst  |  

Crowdfunded brewery BrewDog announced earlier this week it has appointed Jason Marshall as its new Chief Financial Officer as it continues its global expansion. According to BrewDog, Marshall brings more than 20 years of experience of beverage experience and was reportedly a key member of the financial… Read More

May 11, 2018 @ 2:00 pm By Samantha Hurst  |  

Just a couple of months after launching Coin Jar, UK fintech Monzo announced that users have saved more than £1 million by using the feature. The feature allows users to create a “pot” and calling it “Coin Jar”, the user can save small amounts of money automatically,… Read More

May 11, 2018 @ 7:43 am By JD Alois  |  

Mintos, a European marketplace for  peer to peer loans, is a leader in Continental Europe with an estimated 39% market share. Today, Mintos has announced a significant next step by listing their first UK originator – thus expanding into the most robust P2P market in… Read More

May 10, 2018 @ 10:19 pm By Samantha Hurst  |  

Stashbee, a platform that connects individuals and businesses who have spare space with those who need it, successfully secured its initial £500,000 just three days after launching its equity crowdfunding campaign on Seedrs. Founded in 2015, Stashbee reported that its platform automates the end-to-end booking… Read More

May 10, 2018 @ 2:00 pm By Samantha Hurst  |  

On Thursday, LendInvest published the results of a survey of its LendInvest Property Development Academy attendees, which revealed that aspiring property developers have stated economic growth will have the greatest effect on house prices in the next five years. According to LendInvest, when asked what will have the… Read More

May 10, 2018 @ 9:53 am By Samantha Hurst  |  

On Thursday, Starling Bank announced it was adding Garmin Pay to its range of digital wallets. The new feature will allow Garmin users to make purchases at thousands of stores where contactless payments are accepted. The Garmin Pay is featured on three watches, which are:… Read More

May 9, 2018 @ 3:51 pm By Samantha Hurst  |  

UK-based hosting management service Airsorted successfully secured more than £2.1 million in funding through its equity crowdfunding campaign on Seedrs. The funding round raised its original £1 million target within just four days of its debut. With this additional funding, Airsorted’s Series A exceeds £7 million…. Read More

May 9, 2018 @ 2:03 pm By Samantha Hurst  |  

Just one week after launching its equity crowdfunding campaign on Crowdcube, Cotswold Distillery surpassed its initial £2 million funding target from more than 500 investors. The distillery reported that prior to launching the funding round, it secured £1,185,120 from 21 investors. Founded in 2013 and began operations… Read More

May 9, 2018 @ 8:30 am By JD Alois  |  

WorldFirst, a Fintech payment platform, is out with a report on UK SMEs. Their ninth quarterly Global Trade Barometer is putting a positive spin on the UK economy as smaller firms position themselves for the post Brexit reality. WorldFirst says more payments are beginning to… Read More

May 8, 2018 @ 8:58 am By JD Alois  |  

Transferwise: Over $1 billion Deposited into borderless accounts in the product’s first year Fintech unicorn TransferWise has launched batch payments, a new feature that enables both international payroll and corporate payments to suppliers. Simultaneously, Transferwise announced that over $1 billion has been deposited into their… Read More

May 5, 2018 @ 12:49 pm By JD Alois  |  

The Financial Conduct Authority (FCA) has published an interim report on UK mortgage market. According to the FCA, Mortgage debt accounts for over 80% of total UK household liabilities – so this is a significant sector of finance that has a profound impact on individuals. While… Read More

May 4, 2018 @ 9:24 pm By Samantha Hurst  |  

Just days after extending its equity crowdfunding campaign on Crowdcube, peer-to-peer car rental platform Hiyacar has secured more than £1.1 million and is quickly nearing £1.2 million thanks to more than 670 investors. The funding round made its debut last month and quickly secured its initial… Read More

May 4, 2018 @ 2:00 pm By Samantha Hurst  |  

On Thursday, Funding Circle announced the European Investment Fund, part of the European Investment Bank Group, and KfW, a German Promotional Bank, are supporting UK small businesses through their investment in a securitization of loans originated by the Funding Circle online lending platform. According to… Read More

May 4, 2018 @ 1:00 pm By Samantha Hurst  |  

Less than one week after launching its equity crowdfunding campaign on Crowdcube, East London Liquor Company has successfully surpassed £1 million from more than 450 investors. The funding round has already gained popularity, with securing its initial £750,000 target within 24 hours. As previously reported,  East London Liquor… Read More

May 3, 2018 @ 8:59 pm By Samantha Hurst  |  

Real estate source platform, Infabode, has successfully secured its initial £750,000 funding target on equity crowdfunding platform Seedrs from more than 150 investors. Founded in 2013, Infabode reported that it connects its community of users with industry information from the real estate sector on one customizable online platform. Infabode’s… Read More

May 3, 2018 @ 8:23 am By Samantha Hurst  |  

Aussie fintech startup Trade Ledger announced on Thursday it was named Barclays UK Ventures’ Open Innovation Challenge 2018, which was held in London. The ten finalists of the Challenge were selected by Barclays for their potential to offer “gaming-changing” business solutions across various industries. Speaking… Read More