June 18, 2019 @ 4:28 pm By Samantha Hurst  |  

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

June 18, 2019 @ 1:37 pm By JD Alois  |  

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

June 18, 2019 @ 11:11 am By JD Alois  |  

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

June 18, 2019 @ 8:20 am By Samantha Hurst  |  

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

June 17, 2019 @ 10:13 pm By Cali Haan  |  

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

June 17, 2019 @ 1:01 pm By JD Alois  |  

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

June 17, 2019 @ 11:16 am By JD Alois  |  

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

June 17, 2019 @ 9:15 am By Samantha Hurst  |  

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

June 16, 2019 @ 10:45 pm By Samantha Hurst  |  

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

June 14, 2019 @ 10:23 pm By Samantha Hurst  |  

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

June 14, 2019 @ 3:24 pm By Samantha Hurst  |  

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

June 14, 2019 @ 12:42 pm By JD Alois  |  

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

June 14, 2019 @ 11:19 am By JD Alois  |  

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

June 14, 2019 @ 7:47 am By JD Alois  |  

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

June 13, 2019 @ 10:25 pm By Samantha Hurst  |  

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

June 13, 2019 @ 9:12 pm By Samantha Hurst  |  

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

June 13, 2019 @ 6:46 am By JD Alois  |  

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

June 12, 2019 @ 3:46 pm By Samantha Hurst  |  

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

June 12, 2019 @ 11:56 am By Samantha Hurst  |  

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

June 12, 2019 @ 7:39 am By JD Alois  |  

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