Tagged: united kingdo

Embedded Finance: Investing as a Service Provider Velexa Garners Recognition

Embedded finance platform Velexa has garnered recognition from CBS News – not typically known for its activity in the Fintech sector. Velexa is a newer platform that enables clients to embed investing services within weeks. CBS has recognized Velexa as an Innovation & Disruption Leader…. Read More

Credit Card Fintech Yonder Acquires $77.6M via Series A to Transform Consumer Relationships with Credit

Challenger credit card Fintech Yonder announces a raise of $15.5 million (£12.5 million) in equity and $62 million (£50 million) in debt following its Series A funding round. The investment round was “co-led by Northzone and RTP Global alongside angel investors Joseph Moore, founder of… Read More

Magway, a Zero-Emissions Goods Delivery System, Acquires £904K+ via Crowdcube from 821 Investors

Magway, a zero-emissions goods delivery system on “a mission to help the world meet net-zero targets by 2050,” has secured 120% (£904,034) of its £750,000 target via Crowdcube from 821 investors (at the time of writing)  with 11 days left in its crowdfunding campaign. Recognized… Read More

Peer to Peer Property Lender Kuflink Adds Underwriter Following “Huge Spike”

Kuflink, a peer to peer property lender for short term finance, has expanded its lending team following increasing platform activity. “Following the launch of our quick bridge product at the tail end of 2018, we’ve seen a huge spike in uptake from new brokers as… Read More

Queen Máxima of the Netherlands to Address Cambridge Centre for Alternative Finance Annual Event

Her Majesty Queen Máxima of the Netherlands will address the Cambridge Centre for Alternative Finance (CCAF) next week as part of its annual event at the University of Cambridge. Queen Máxima will be speaking in an official capacity as the UN Secretary General’s Special Advocate… Read More

Oakam Has Now Provided £320 Million in Loans to Consumers Overlooked by Traditional Finance

Oakam, an online micro-lender, has provided more tha 420,000 loans totaling £320+ million.  These loans have gone to consumers ignored by traditionaly finance, says Oakam. Alternative data enables Oakam to utilize modern methods in underwriting and risk management to expand access to credit for financially excluded… Read More

Funding Circle to Launch New Version of Autobid & Autosell Lending, Investors Will No Longer Be Able to Choose Single Loans

On Monday, Funding Circle announced it is set to launch a new version of its existing Autobid and Autosell lending tools. Funding Circle will be eliminating the option to manually choose which businesses an investor may lend to and which loan parts to sell will be… Read More

UK’s Service Apartment Provider thesqua.re Secures $2M Investment From Crowd2Fund & OakNorth Bank

On Wednesday, serviced apartments provider, thesqua.re, announced it has closed an investment round of $2 million from Crowd2Fund and OakNorth Bank. thesqua.re, which was previously known as House of Modern Living or MoLi, was founded in 2009 and has grown profitably at 80% CAGR to cross $10… Read More

Send this to a friend