Tagged: united kingdom

UK Parliament Treasury Committee: Need for Cryptocurrency Sector Regulation “A Matter of Urgency”

The UK can no longer rely on “feeble” warnings to consumers from its securities regulator and should swiftly extend existing legislation to govern the cryptocurrency and digital asset sector in country, says a Parliament Treasury Committee established in February to examine the matter. After doing its… Read More

CrowdProperty Joins UK Peer to Peer Finance Association

The UK Peer to Peer Finance Association (P2PFA), the self regulatory group for the peer to peer lending industry, has added a new member: CrowdProperty. The P2PFA represents the most prestigious online lenders in the UK as well as the majority of online lending volume…. Read More

Overfunding: Crowdstacker Surpasses £800,000 Funding Target During the Final Days on Seedrs

Just days before its latest Seedrs funding round is set to close, Crowdstacker, a UK-based peer-to-peer lending platform, has successfully secured its initial 800,000 funding target from nearly 350 investors. As previously reported, Crowdstacker was founded in 2014 and describes itself as an award-winning FCA regulated online… Read More

Money Transfer Fintech WorldRemit Integrates with WhatsApp

WorldRemit, a UK based Fintech in the digital money transfer sector, has integrated with WhatsApp – one of the most popular messaging services in the world. WorldRemit says that customers in over 145 countries may now receive WhatsApp notifications about their money transfers in real… Read More

Update: Andersen EV to Complete Crowdcube Round With More Than £500,000 in Funding

Andersen EV, a UK-based electronic vehicle charge point brand, is now set to close its equity crowdfunding campaign on Crowdcube with more than £500,000 in funding from nearly 750 investors. The funding round was launched last month and quickly secured its initial £200,000 funding target. As previously… Read More

Sweetbridge Alliance Network Adds Blockchain based InstaSupply Invoice Financing to List of Options

Sweetbridge Alliance Network has added InstaSupply, a financing supply chain provicer for mid-sized businesses using blockchain, to its Network and named it an official reseller of Sweetbridge protocol technologies. Sweetbridge says that through this collaboration their liquidity protocol will provide low-cost access to capital for… Read More

Seedrs Adds to Board of Directors with the Appointment of Ian McCaig & Mark Brooker

Seedrs, a UK based online investment platform, has added two new non executive directors to its board. Ian McCaig, former CEO of First Utility and LastMinute, and Mark Brooker, former COO of Betfair and Trainline, have been enlisted to help guide the growing Fintech. Seedrs… Read More

Leading UK Online Property Finance Platform LendInvest Raises $39.5 Million

LendInvest, a leading online property finance platform, has closed on a $39.5 million Series C funding round that is comprised of both debt and equity. The funding has been in process throughout the summer and is viewed as positioning the UK based company for an… Read More

Update: MacRebur Surpasses £2 Million Through Latest Seedrs Round

Just a few weeks after launching its latest equity crowdfunding campaign on Seedrs, UK-based company that uses waste plastics to create strong, longer-lasting roads, MacRebur, has raised more than £2 million from over 1,200 backers. The round originally sought to raise £1.5 million and quickly secured the… Read More

Overfunding: Healthy Snack Brand Emily Crisps Surpasses 1 Million Funding Target on Seedrs

Just days after launching its equity crowdfunding campaign on Seedrs, UK-based healthy snack brand Emily Crisps has successfully secured its initial £1 million funding target from nearly 240 investors. As previously reported, Emily Crisps was founded in 2013 by Emily Wong and Ale Ascani with a mission to change… Read More

Fintech Scotland Names Prudential UK As New Strategic Partner

FinTech Scotland announced on Thursday that it has named Prudential UK its new strategic partner. According to the fintech organization, the strategic partnership reflects Prudential UK’s strong ongoing commitment to playing a lead role in the digitalization of financial services in Scotland and across the UK. … Read More

ShareIn Reports Strong Demand for Products & Services

Edinburgh based Fintech ShareIn says it is experiencing a period of rapid growth having increased staff to a team of 24, a 100% increase over the last 12 months. The online investment software and compliance company has recently moved into the largest office in Codebase… Read More

United Kingdom and Singapore Commit to Cooperate More Closely on Financial Services Including Fintech Bridge

The United Kingdom and Singapore held their 4th joint meeting of financial services regulators and policymakers. The meeting took place in London yesterday where officials discussed regulatory initiatives and standards of conduct in the financial sector. Both the UK and Singapore have pursued Fintech innovation… Read More

iwoca: We are the UK’s Fastest Growing SME Finance Provider

Online lender iwoca says it is UK’s fastest growing SME finance provider. The claim comes following the publication of the Sunday Times Hiscox Tech Track 100 which ranked iwoca 30th on the list. The Sunday Times Hiscox Tech Track 100, published last Sunday, 9th September 2018…. Read More

Digital Money Transfer Service Azimo Added to Sunday Times Hiscox Tech Track 10

Fintech Azimo, a European money transfer service, has has been added to the Sunday Times Hiscox Tech Track 100 list joining a prominent list of UK tech firms including some big names in Fintech. This is the first year for Azimo to be added to… Read More

Veggie Chip Brand Emily Crisps Quickly Nears £1 Million Funding Target on Seedrs

UK-based healthy snack brand Emily Crisps is now seeking £1 million through its equity crowdfunding campaign on Seedrs. Founded in 2013 by Emily Wong and Ale Ascani, Emily Crisps’ main goal is to change the way people eat for the better, and more importantly, the tastier…. Read More

Sushi Company Inigo Now Seeking £350,000 Through Crowdcube Initiative

Ingo, a London-based company that specializes in sushi handrolls, has launched an equity crowdfunding campaign on Crowdcube. The company is now seeking £300,000 in funding and is offering a 13.46% stake (pre-money valuation: £2,250,000). Inigo was reportedly founded by Jeremy Bliss, who is a Melbourne… Read More

TransferWise Reports Second Year of Profit & Revenue Almost Doubling

Fintech unicorn, TransferWise, announced on Monday its yearly report, which indicated some growth and development for the money transfer service platform.  Founded in 2011, TransferWise is on a mission to provide a positive, irreversible change in the world of finance. It claims to be the fairest, easiest… Read More

Digital Banking Solution gohenry Set to Return to Crowdcube

Just a little over two years after securing nearly £4 million through its first equity crowdfunding campaign on Crowdcube, digital banking solution gohenry announced on Tuesday it is planning to launch a new Crowdcube initiative. As previously reported, gohenry was founded in 2012 by a group of parents… Read More

Current Bank of England Governor Mark Carney Has Term Extended to 2020

At the request of the Chancellor of the Exchequer, Mark Carney, the Governor of the Bank of England, has seen his term extended until January 2020. In publicly published letter, Chancellor Philip Hammond officially extended his request that Carney remain at the Bank; “Further to… Read More

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