Tagged: united kingdom

January 17, 2023 @ 5:00 pm By Omar Faridi  |  

Andrew Ellam, former Chief of Staff to CTO and Head of Technical Program Management at Monzo Bank, joins the senior leadership team as VP of Technology at Climate X, a multi-award-winning global climate risk data & analytics provider based in London, UK. Andrew reportedly “brings… Read More

January 17, 2023 @ 12:15 pm By JD Alois  |  

Property investment and financing platform Capital Rise has announced four new hires following a “period of substantial growth.” The positive report follows Capital Rise surpassing £200 million in loan originations during Q4 of 2022. About half of this amount was financed during the 12 month… Read More

January 17, 2023 @ 11:47 am By Omar Faridi  |  

Experian has launched CreditLock, a new feature that will “enable customers to lock their Experian Credit Report at the touch of a button.” The launch comes “following data that shows 1 in 4 UK adults have fallen victim to fraud, with 75% of UK adults… Read More

January 16, 2023 @ 7:33 pm By JD Alois  |  

Salt Edge, an Open Banking enabler, has expanded into the Kingdom of Jordan. According to a blog post, Salt Edge will be working with Jordanian Banks and other financial services firms to power Open Banking solutions with its API-driven platform. According to the post, the… Read More

January 16, 2023 @ 10:47 am By JD Alois  |  

This past weekend, Zilch, a buy now pay later (BNPL) provider, was a target of a story entitled Buy now pay later to impact credit scores of millions. The article in the Sunday Telegraph stated that changes at Zilch would see data shared with agencies which… Read More

January 14, 2023 @ 7:37 pm By Omar Faridi  |  

London-based Fintech Detected has secured £2.5m in its financing round fundraise, including investment from Thomson Reuters Ventures, Love Ventures and powerful industry angels. KYB (Know Your Business process) is “notoriously” slow, manual, and unfit for purpose. However, Detected creates “a detailed and accurate profile of… Read More

January 13, 2023 @ 3:33 pm By JD Alois  |  

Seedrs, one of the largest securities crowdfunding platforms in the world after it combined with Republic, has published a report on investment activity on its platform.  The Republic deal closed during Q4, and Seedrs is now poised to provide investment opportunities across Europe, under ECSPR… Read More

January 12, 2023 @ 10:30 pm By Omar Faridi  |  

Updraft, the financial habit-forming platform, and HomeServe, the international home repairs and improvements business, have announced a strategic partnership “to help consumers manage their energy costs and participate in the green homes revolution.” The partnership will “offer consumers an affordable way to combat rising energy… Read More

January 12, 2023 @ 10:27 am By JD Alois  |  

Darren Westlake, CEO and co-founder of Crowdcube, has announced his exit as CEO of the firm he founded in 2012. Westlake created the online investment platform alongside co-founder Luke Lang who exited the firm in 2021. Since its founding, Crowdcube has helped over 1800 offerings… Read More

January 11, 2023 @ 11:27 pm By Omar Faridi  |  

New Kriya (previously MarketFinance) research shows high levels of awareness of Embedded Finance among UK B2B SMEs. But with implementation intent being 3 years on average, “this means thousands of UK firms are leaving money on the table,” the report from Kriya reveals. UK SME… Read More

January 11, 2023 @ 4:39 pm By Omar Faridi  |  

Four in five (80%) SMBs (small to medium-sized businesses) consider payments and a seamless checkout experience “as critical to growth.” New research among 200 U.S. brick-and-mortar SMBs commissioned by leading payments platform, Paysafe (NYSE: PSFE), revealed “that 69% of merchants want to reduce the time… Read More

January 11, 2023 @ 12:26 pm By Omar Faridi  |  

TSB is warning that around a quarter (25%) of fraud victims could be “denied reimbursement under the Payment Systems Regulator’s proposed refund mechanism, due to be introduced next year.” TSB claims it has long-campaigned “for higher fraud protections across the banking industry – and in… Read More

January 11, 2023 @ 12:00 pm By JD Alois  |  

Quasar has raised $5.4m in a bridge round at a $70 million valuation, according to a note from the firm. The funding round was led by Shima Capital alongside returning investors Polychain Capital, Blockchain Capital, HASH CIB, and Osmosis founder Sunny Aggarwal. New investors include… Read More

January 10, 2023 @ 11:57 pm By JD Alois  |  

Apperio, a provider of legal spend analytics and matter-tracking software, has raised $7 million in a funding round led by VC Molten Ventures. Total funding for Apperio now stands at $19.9 million. Other investors in the round include Notion Capital, IQ Capital, Nextlaw Ventures, Volution,… Read More

January 10, 2023 @ 3:16 pm By Omar Faridi  |  

Fractal Homes, a UK-based start-up offering fractional home ownership across Europe’s capital cities, has launched a second home co-ownership model “aimed at streamlining purchasing, maintenance, and upkeep of select properties for GCC residents.” To coincide with this announcement, Fractal Homes has “launched a new website… Read More

January 10, 2023 @ 8:09 am By Omar Faridi  |  

The team at Superscript is pleased to announce the completion of their £45 million ($54m USD) Series B funding round. The investment round was “led by existing investor BHL UK, owner of Comparethemarket, with participation from new investor and Fortune 500 insurer The Hartford.” Other… Read More

January 9, 2023 @ 9:42 pm By Omar Faridi  |  

UK pension holders will increasingly be “seeking to move retirement funds overseas as fears grow about the Budget in March,” predicts the Investment Director of an independent financial advisory, asset management and fintech organization. The warning from James Green of deVere Group comes “ahead of… Read More

January 9, 2023 @ 8:59 am By JD Alois  |  

Property in London continues to be a hot asset class. In fact, according to a recent report, prime central London property sales have increased by 48% in the past three years. The information was provided by the property investment platform CapitalRise as well as Savills…. Read More

January 9, 2023 @ 1:10 am By Omar Faridi  |  

XeroE, which provides emission-free deliveries, using their science-based software for impact-driven businesses, has acquired 56% (£256,076) of its £450,004 target from 86 investors (at the time of writing) through the firm’s crowdfunding campaign, carried out via Seedrs. Located in London, XeroE operates in the Automotive… Read More

January 8, 2023 @ 10:27 pm By Omar Faridi  |  

Student Rents,  an SaaS rental platform, allowing agents “to advertise properties, students to find them and both to manage tenancies,” has raised 116% (£464,084.10) of its £400,000 target from 157 investors (at the time of writing) via Crowdcube with 4 days left in the firm’s… Read More