Tagged: united kingdom

deVere Vault is an App to Store & Transfer 27 Different Currencies

Nigel Green, CEO and founder of deVere Group, says the deVere Vault can now store and manage a total of 27 different currencies having just added 22. The deVere Vault is being described as the world’s most international e-money app. Newly added to the list of… Read More

New Property Crowdfunding Platform UOWN Launches with New Model

  UOWN is a new online property crowdfunding platform that is offering potential annual returns starting from 6%. The company promotes “an innovative business model” which provides access to previously off-market “proven performer” rental properties. UOWN, based in Leeds, is the creation of brothers Shaan,… Read More

Seedrs Return: Chili Sauces & Cooking Pastes Company Mr. Singh’s Launches Second Equity Funding Round

Just one year after launching its first Seedrs campaign, chili sauces and cooking pastes Company Mr. Singh’s has returned to the equity crowdfunding platform to raise an additional £85,000. As previously reported, the company is described as a family-owned East London business that produces a range… Read More

Grooming Brand For Barbers Native Products Hits Crowdcube to Raise £150,000

Native Products, a modern grooming brand that was developed by barbers and made in the UK, has launched a funding round on equity crowdfunding platform Crowdcube. The company is currently seeking £150,000 as it prepares for expansion. The company revealed it now has a range of… Read More

The Good Egg Returns to Crowdcube to Raise £500,000 For Second Restaurant Site

Less than three years after securing £253,540 from its first equity crowdfunding campaign on Crowdcube, The Good Egg has returned to the funding platform to raise £500,000 as it prepares to open second restaurant site. As previously reported, The Good Egg was inspired by Californian deli… Read More

UK Digital-Only Starling Bank Plans to Raise £40 Million In Preparation For Global Expansion

UK-based digital-bank startup Starling Bank has announced it plans to raise £40 million from investors as part of its global expansion. Starling Bank describes itself as a fintech business with a banking license, fully regulated by the FCA and PRA. We were granted a banking license… Read More

Will HM Treasury “Clamp Down” on EIS & Undercut Investment in Early Stage Firms?

Earlier this week, the Sunday Times reported that the UK government was examining plans to “clamp down” on the Enterprise Investment Scheme (EIS). This program is a tax exemption that seeks to incentivize investment in early stage companies – an intrinsically risky endeavor. By providing… Read More

Life Sciences Crowdfunding Platform Capital Cell Opens to UK Investors

Capital Cell, a crowdfunding platform dedicated to life sciences, announced this week it is officially opening its portal to UK investors. The first four investment opportunities now live on the platform. As previously reported, Capital Cell was founded by Daniel Oliver and based in Barcelona, is the first… Read More

CCAF Publishes First Global Blockchain Report Providing Unique Insight into Emerging Sector

Report Highlights Central Bank Experimentation with Distributed Ledger Technology. The Cambridge Centre for Alternative Finance (CCAF) is out with their first Global Blockchain Benchmarking Study authored by Dr. Garrick Hileman and Michel Rauchs. The publication incorporates non-public data and states that 57% of surveyed central banks… Read More

Fintech RemitRadar Announces Strategic Partnership With Global Reinsurer PartnerRe

UK-based fintech RemitRadar and global reinsurer PartnerRe announced on Thursday they have entered into a joint strategic cooperation agreement. The companies revealed: “PartnerRe and RemitRadar have entered into a joint effort to capitalise on RemitRadar’s money transfer ecosystem, web presence, and social media channels, including… Read More

Lending Works Announces Increase of Five-Year Lender Rate

On Wednesday, Lending Works announced as of Monday, it five-year lender rate has increased to 5.5%, which is considered the highest level it has reached since August 2016. The company revealed that the reason for the rate increase is due to the fact that it has… Read More

LendInvest Appoints Ex-Aldermore Bank Head of Commercial Mortgages Ian Boden As New Sales Director

LendInvest announced on Thursday it has appointed former Aldermore Bank Head of Commercial Mortgages, Ian Boden, as its new Sales Director. According to the online lender, Boden joins its team with more than 35 years of experience in financial services, buy-to-let, and commercial mortgages.  Prior… Read More

UK – Hong Kong Love In: UK Government to Host Best of British Innovation in HK

Fintech Bridge is Topic of Focus The UK government will host a “GREAT Festival of Innovation” in Hong Kong to showcase UK innovation and technology to the world. The announcement was shared by International Trade Secretary Dr Liam Fox today. Total bilateral trade between the UK… Read More

Insurtech: FCA & Hong Kong Insurance Authority to Cooperate on Fintech

The Financial Conduct Authority (FCA) has entered into a co-operation agreement with the Hong Kong Insurance Authority (IA) designed to enhance collaboration in supporting Fintech innovation.  The FCA explains the agreement includes information sharing and mutual referrals of Fintech firms looking to enter into either… Read More

Crowdcube Alum Sugru Announces New Family-Safe Glue

On Thursday, Crowdcube alum and moldable glue company Sugru announced the launch of its new family-safe, skin-friendly formula. The brand claimed that the new product is expected to double its pretense in retail by the end of next year. According to Sugru, more than 6,000 retail… Read More

Debt Trading Platform Racefields Credit Exchange Wants to Become PayPal of Loan Bridging

A new online platform, the Racefields Credit Exchange (RCX), has launched this week with the goal of becoming the PayPal of the loan bridging industry in a market they believe is underserved. The  RCX platform is said to be the first of its kind in… Read More

Overfunding: Health Tech Company Ultramed Quickly Secures £100,000 on Crowdcube

Ultramed, a UK-based health tech company, quickly secured its initial £100,000 funding target just days after launching its equity crowdfunding campaign on Crowdcube. The initiative is now nearing £175,000 from more than 260 investors. Ultramed describes itself as a health tech company that operates a suite of cloud-based pre-operative… Read More

European Deposit Marketplace Raisin Acquires PBF Solution in UK Expansion

  Raisin GmbH is growing rapidly and today the “European Deposit Marketplace” is moving into the UK with the acquisition of PBF Solutions. The company’s intent is to give UK savers a better choice for saving their money with their Fintech platform. Raisin GmbH has… Read More

Update: Fresh-range to Close Seedrs Campaign With More Than £450,000 in Funding

Fresh-range, the Bristol-based online ethical food retailer, is set to close its equity crowdfunding campaign on Seedrs with more than £450,000 in funding from nearly 375 investors. The campaign was launched earlier this summer, seeking £300,000, which was surpassed within 24 hours. As previously reported, Fresh-range was… Read More

The House Crowd Says Investor Confidence at Record High

The House Crowd, a UK property crowdfunding platform, is reporting “record levels of investor confidence”. According to the platform, the House Crowd is experiencing high demand for its property-backed peer-to-peer lending products, with over 1,270 people having invested in one. The House Crowd states that… Read More