Tagged: united kingdom

Rental Data Provider CreditLadder Now Seeking £600,000 Through Equity Crowdfunding Round on Seedrs

CreditLadder, a UK-based rental data provider, is now seeking £600,000 through its equity crowdfunding round on Seedrs. Launched in 2016, CreditLadder claims to be the first and biggest private rental data reporter in the UK with backing from HM Treasury. Through its platform, Tenants may use… Read More

CFTC Files Enforcement Action Against UK Bitcoin Trading Firm Control Finance and Principle Benjamin Reynolds for $147 Million Fraud

The Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against UK based defendants Control-Finance Limited, a Bitcoin trading and investment company, and principal, Benjamin Reynolds.  According to the CFTC, the defendants are  charged with “exploiting public enthusiasm for Bitcoin by fraudulently obtaining… Read More

Insurtech Zego Raises $42 Million Series B: Largest Ever for European Insurtech Startup

UK-based Insurtech Zego has closed on a $42 million Series B funding round which is said to be the largest ever for a European based Insurtech startup. In total, Zego has now raised $51 million. Zego says its company has grown over 900% in the… Read More

Update: Professional Wood & Gas Stone Oven Manufacturer Gozney Surpasses £1.2 Million Through Crowdcube Funding Round

Less than two weeks after launching its equity crowdfunding campaign on Crowdcube, Gozney, a British manufacturer of professional wood and gas stone ovens, has not only surpassed its initial £500,000, it has also raised more than £1.2 million in funding from nearly 475 investors. The… Read More

British Politician Calls Bitcoin “A Right-Wing Nightmare,” Warns “Inevitable Crypto Crisis Lurking Around the Corner”

Alex Sobel, Labour and Cooperative MP for Northern English district of Leeds North West, has called Bitcoin, “…a right-wing nightmare which facilitates tax evasion, money laundering and environmental degradation.” He has also warned that, “…the Left has continuously failed to engage with questions of finance,… Read More

Fintech Future: China and the UK Strike Deal on Financial Services Investments

The Vice Premier of China, Hu Chunnhua, is visiting UK government officials this week. As part of the tour, the UK government has announced a series of deals designed to boost trade with China including financial services. The new business deals were agreed to by… Read More

Paysend launches XDR Stablecoin, Seedrs Crowdfunding Round Overfunding

Paysend, an FCA regulated payments platform, has officially launched its anticipated stablecoin. The Pays XDR stablecoin is backed by a basket of five fiat currencies including the US Dollar, Euro, Yen, Chinese Yuan and Pound Sterling. The stablecoin is using the Stellar blockchain and is… Read More

Space & Storage Marketplace Startup Stashbee Returns to Seedrs and Quickly Secures £1.6 Million Funding Target

Stashbee, UK-based marketplace for space and storage, has returned to equity crowdfunding platform Seedrs to raise £1.6 million, which has already been secured from more than 250 investors. This new funding round comes just one year after Stashbee secured £908,971 through its first crowdfunding campaign…. Read More

Update: Paysend Now Nearing £4.4 Million Through Seedrs Funding Round

Just a little over a week after launching its equity crowdfunding campaign on Seedrs, UK fintech Paysend is now nearing £4.4 million in funding from more than 530 investors. The funding round originally sought to raise £4.2 million, which was secured in three days. Founded… Read More

Augmentum Fintech Announces Additional Investments in Three Portfolio Firms

Augmentum Fintech plc (LSE: AUGM) announced this week it has invested  £8.5 million across three companies that are in its portfolio. Founded in 2018, Augmentum Fintech claims to be one of Europe’ leading venture capital investors that is focused on the fintech sector. The company… Read More

Money Dashboard Set to Close Crowdcube Round With More Than £3.7 Million

Money Dashboard, a UK-based online personal financial management service, is set to close its equity crowdfunding campaign on Crowdcube with more than £3.7 million. Originally seeking £1.5 million, the funding round attracted more than 3300 investors. As previously reported, Money Dashboard’s app empowers over 100,000… Read More

Legaltech Monax Uses Blockchain to Help SMEs, Targets Real Estate Industry & More

Monax is a blockchain based platform that seeks to lead the sector regarding “digital legal infrastructure.” While finance may be the immediate focus for much of the blockchain industry, other early-stage firms are using the tech to improve a diverse sector of businesses. Edinburgh-based Monax… Read More

Kuflink Reports £50 Million in Bridge & Development Loans

Peer to peer lender Kuflink has reported surpassing £50 million worth of bridging and development loans. Kuflink is a UK based P2P lender serving the property market. All loans are said to be secured by UK property. According to the website, investors may earn up… Read More

Fintech App Emma Crosses the Pond: Money Management App Now Available in the US and Canada

Money management app Emma has launched in the United States and Canada crossing the Atlantic to offer its services to a far wider audience. The UK based Fintech said the launch comes after partnering with Plaid, an account aggregation platform. Emma is an app that… Read More

Fullgreen Launches New Crowdcube Round to Raise £600,000 in Funding

Just a little over two years after raising £1.4 million through its fourth equity crowdfunding campaign on Crowdcube, Cauli Rice, under its brand name Fullgreen, has returned to the funding portal to raise a minimum of £600,000. The company is offering 2.78% equity, with a… Read More

Crowdcube Success Glint Completes £5 Million Private Placement; Names Sprott as Strategic Investor

Glint, a UK-based fintech that enables physical gold to make instant payments using a debit Mastercard, announce on Thursday it completes £5 million private placement. The private placement comes nearly one year after Glint raised more than £2.1 million through its Crowdcube funding round. As… Read More

UK P2PFA: Peer to Peer Lending Platforms Originate £866 Million in Q1, Cumulative Lending Now Tops £10.5 Billion

The UK Peer to Peer Lending Association (P2PFA) is out with their quarterly report of member platforms. According to the Association, P2P lending increased more than £866 million in Q1 taking cumulative lending for the Association’s members to more than £10.5 billion. P2PFA members are… Read More

Overfunding: Kokoon Surpasses £1 Million Funding Target on Seedrs

Intelligent headphone creator Kokoon has successfully secured its initial £1 million equity crowdfunding target on Seedrs. The funding round was launched earlier this spring and has attracted more than 400 investors. Kokoon describes itself as a digital platform helping people better use audio to help… Read More

Klara Expansion: Announces Second UK Office in Central Manchester

Payment processing brand Klarna announced on Wednesday the expansion of its UK operations with a new office located in Manchester. According to Klarna, the new office will open in Summer 2019 and will be located at the Old Granada Studios, which is a payments and… Read More

Abundance Now Offers “Ethical Investment” that Pays 7%

Mission-driven crowdfunding platform Abundance is now offering an “ethical investment project” offering a 7% return over a 19 month term. The new project is helping build a new social housing project in Liverpool. This is Abundance’s second investment in the social and affordable housing sector,… Read More

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