Tagged: uk

April 10, 2017 @ 1:41 pm By JD Alois  |  

Lloyds Banking Group launched a Fintech mentoring program last year. At that time, Innovate Finance helped to identify suitable start-ups to benefit from the program. The Fintech start-ups benefit from knowledge sharing of experienced Lloyds Banking Group colleagues to aid their development in the financial… Read More

April 10, 2017 @ 11:50 am By JD Alois  |  

Diversification is key to driving returns when it comes to investing. This is even MORE important regarding investing in early stage companies which are risky but have the potential to deliver better returns. The data is irrefutable: investing in early stage companies can drive solid… Read More

April 10, 2017 @ 11:24 am By Samantha Hurst  |  

European-based lending platform Spotcap announced on Monday the launch of its new fintech fellowship, which is geared towards aspiring graduate students. According to the online lender, the program will provide one student per academic year with a £8,000 stipend towards their studies. While sharing details about the… Read More

April 10, 2017 @ 10:57 am By Samantha Hurst  |  

UK-based peer-to-peer-secured lending platforms, Lendy, announced on Monday its latest report reveals that the number of new residential mortgages worth over £1 million went up by 24% last year (ending September 30, 2016), as banks continue to favor lending to owner-occupiers and reduce lending to property… Read More

April 10, 2017 @ 9:43 am By Samantha Hurst  |  

London-based fintech firm, Yielders, announced on Monday it is now regulated by the Financial Conduct Authority (FCA). The company claims it is the UK’s first ever Islamic fintech firm to be directly authorized by the FCA and the milestone shows significant validation by the supervisory body of… Read More

April 10, 2017 @ 8:20 am By JD Alois  |  

Innovate Finance has published a “Sandbox Consultation Finding Preview in concert with the Financial Conduct Authority (FCA). The release took place as Innovate Finance opened its Global Summit 2017. The FCA invited Innovate Finance , a public-private partnership seeking to boost Fintech innovation, to chair an… Read More

April 10, 2017 @ 8:00 am By JD Alois  |  

Hub Culture has announced the expansion of their HubID digital identity system. The company made the announcement at the Innovate Finance Global Summit that is taking place in London this week. Hub Culture is now activating new profile networks for merchants, businesses, virtual personas, etc…. Read More

April 8, 2017 @ 10:37 am By Samantha Hurst  |  

‘Following the launch its of its latest equity crowdfunding campaign on Crowdcube, Sugru announced more than 1800 target stores in the U.S. now has its new kits. The company revealed in a recent update: “We’re delighted to share the news that Target has just confirmed… Read More

April 7, 2017 @ 9:43 am By Samantha Hurst  |  

Snapp CV, a mobile job app that allows users to apply on-the-go through video and text, has successfully secured its initial £200,000 equity crowdfunding campaign target on Seedrs. The company launched the campaign earlier this year, seeking the funds as it prepares to expand. Snapp… Read More

April 6, 2017 @ 4:30 pm By Samantha Hurst  |  

Following the closing of ChargeSync’s campaign, Invesdor announced that the company’s initiative became the first UK success on the crowdfunding platform. ChargeSync is a London-based company that is looking to cut power bills and emissions by storing and optimizing power for household or business consumption. The company… Read More

April 6, 2017 @ 3:58 pm By Samantha Hurst  |  

UK-based Derby Brewing Co. announced it is preparing to launch an equity crowdfunding campaign on Crowdcube as it prepares to expand and open new venues. Founded in 2004, Derby Brewing Co. is headed by Trevor Harris, who started his brewing career in 1991. The company shared:… Read More

April 6, 2017 @ 2:45 pm By Samantha Hurst  |  

Core Collective, a London-based premium pay-as-you-go fitness studio, has launched an equity crowdfunding campaign on Seedrs. The company is currently seeking £1.1 million as it prepares to expand. The studio is currently on a mission to create a new standard in boutique fitness. Core Collective… Read More

April 6, 2017 @ 9:57 am By JD Alois  |  

Property Partner, a buy-to-let online marketplace launched in 2015, has surpassed £50 million in funding. The peer to peer lender also shared interesting statistics regarding platform performance, including: The number of investors has increased 57% to 10,361 in 12 months £12.5 million of property has… Read More

April 6, 2017 @ 9:29 am By Samantha Hurst  |  

With nearly one week until its equity crowdfunding campaign on Crowdcube comes to an end, online florist marketplace, Floom, has successfully secured its initial £390,000 funding target from nearly 240 investors.  As previously reported, Floom was founded by Lana Elie and is designed to solve… Read More

April 6, 2017 @ 5:09 am By Erin Hobey  |  

Fearful of significant revenue loss to standalone Fintech challengers, UK Fintech firms are consideration acquisition and partnership formation with their potential new rivals as a way to neutralize the potential threat, according to a recent PwC survey. “Activity in the UK ranges from partnering with fintechs startups, financing… Read More

April 5, 2017 @ 10:40 am By Samantha Hurst  |  

UK-based in-game advertising platform Giftgaming successfully completed its latest equity crowdfunding campaign on Seedrs. This additional funding round comes a little over two years after the company secured  £35,000 through its first initiative.  Giftgaming is described as a patent-pending in-game ad service and startup supported by Accelerate Cambridge, Cambridge… Read More

April 5, 2017 @ 9:16 am By Samantha Hurst  |  

Independent wine merchant and wine bar concept, Humble Grape, has officially surpassed its initial £1 million funding target on equity crowdfunding platform Seedrs. The campaign was launched last month, and all funds will be used for expansion. As previously reported, Humble Grape raised over £500,000 on Seedrs… Read More

April 4, 2017 @ 10:22 am By JD Alois  |  

The agenda for next week’s UK Fintech Week 2017 has been announced by the Chancellor of the Exchequer, Philip Hammond. HM Treasury said they were building on last year’s success as the week long gathering brings together financial firms, government, and regulators seeking to boost… Read More

April 4, 2017 @ 9:27 am By JD Alois  |  

  World First, an international Fintech payments and currency firm, has launched its service in India as the business accelerates its international growth plan. The announcement comes as World First joins the UK Government’s trade mission to India alongside Philip Hammond, Chancellor of the Exchequer,… Read More

April 4, 2017 @ 7:50 am By JD Alois  |  

As the UK moves forward with the separation from Europe, government officials are looking beyond Europe to improve bilateral relationships to improve trade and other areas. As Fintech is an emerging industry that is vital to the future of Great Britain, it simply makes sense… Read More