Tagged: united kingdom

September 12, 2022 @ 12:31 pm By JD Alois  |  

Fintech Plum will be offering stock investing and debit cards in Europe as it expands into France, Ireland, Spain, and Belgium. Plum is registered as an e-money agent of PayrNet Limited with the Financial Conduct Authority. A neo-bank or “super-app,” Plum reports serving over 1… Read More

September 12, 2022 @ 10:16 am By Omar Faridi  |  

ForwardAI, a Fintech providing aggregated access to accounting & business data and analysis, announced today its partnership with Swoop Funding, the one-stop money shop “for businesses in Australia, Canada, Ireland, and the UK.” Through the partnership, Swoop Funding will be “augmenting its current data collection… Read More

September 12, 2022 @ 9:26 am By JD Alois  |  

Sonovate reports that new research indicates that small businesses are struggling to access finance from mainstream providers – IE traditional banks. Because of this, firms are tapping alternative finance providers as inflation rises along with rates. Pointing to a report by the UK Financial Conduct… Read More

September 11, 2022 @ 6:47 pm By Omar Faridi  |  

Allica Bank – the bank built specifically to serve the needs of “established” SMEs – is aiming to make £500 million in committed loan offers “between September and the end of the year, as it continues to ramp up its support for UK SMEs facing… Read More

September 11, 2022 @ 5:11 pm By Omar Faridi  |  

Tech Nation recently welcomed what they claim to be the UK’s 51 “most exciting” Fintech companies to their fifth Fintech growth program, as UK fintech investment “reaches a record high.” As mentioned in the announcement, 51 companies were accepted into Tech Nation’s fifth Fintech growth… Read More

September 10, 2022 @ 9:36 pm By Omar Faridi  |  

The team at Yapily is looking forward to teaming up with fintech unicorn Pleo, which offers a smart business spending solution, “to enable a simplified payments experience for its UK users.” Research shows that 82% of businesses that fail “do so as a result of… Read More

September 10, 2022 @ 4:13 pm By Omar Faridi  |  

Revolut, the global financial super app with over 20 million retail customers, has launched Revolut Pay – a new secure online checkout feature which “allows UK and EEA merchants to present ‘Revolut Pay’ as a payment method across product, cart, and checkout pages.” Revolut Pay… Read More

September 9, 2022 @ 7:49 am By Omar Faridi  |  

Funding Circle, which claims to be the United Kingdom’s largest small business loan platform, has announced its results for the six months “ended 30 June 2022.” As noted in an update shared with CI, Funding Circle delivered “a financial performance ahead of expectations, finishing the… Read More

September 8, 2022 @ 10:06 am By JD Alois  |  

Regtech SteelEye, a London-based firm, has raised a $21 million Series B round led by Ten Coves Capital, according to the firm. Other investors in the round include; Fidelity International Strategic Ventures, Illuminate Financial, Beacon Equity Partners, and apparently “a large family office.” In total,… Read More

September 8, 2022 @ 7:42 am By Omar Faridi  |  

Kudo Insurance, which claims to be a “revolutionary” motor insurer founded by Peter Graham, insurance veteran and former CEO of esure, has raised 71% (£462,020) of its  £650,000 target from 130 investors (at the time of writing) with 27 days left in the firm’s crowdfunding campaign,… Read More

September 7, 2022 @ 10:05 am By JD Alois  |  

Leading UK digital bank Starling Bank has added a new feature for its users by enabling “Bulk Payments”. The new service is designed to support payroll, supplier payments or employee expenses and more for firms using Starling business banking. The new service is a subscription-based… Read More

September 6, 2022 @ 11:43 am By JD Alois  |  

Beeline is raising growth capital on Seedrs – seeking £1 million. As of today, Beeline has raised over £800,000 and is well on its way to achieving its funding objective. According to the offering page, Beeline is raising equity capital at a pre-money valuation of… Read More

September 6, 2022 @ 10:41 am By Freddie Digby  |  

As firms battle with reduced revenue, Freddie Digby, CCO of Adsum, stresses that halting your investment in tech should be the last thing a business should be considering ahead of a recession The identity of the nation’s next Prime Minister was just one of many… Read More

September 6, 2022 @ 8:16 am By Omar Faridi  |  

Easy4Cloud, which conducts operations in Italy, the United Kingdom, Spain and the US, digitizing different business areas and simplifying their management, has selected Fabrick to expand its offer and introduce BancheinCloud, a Business Intelligence platform for the aggregated management of Current Accounts through which personal,… Read More

September 5, 2022 @ 2:24 pm By Omar Faridi  |  

Paper, which claims that it is focused on bringing the insurance industry into the 21st century, has secured 101% (£152,615.27) of its £152,000.00 target (at the time of writing) via Crowdcube from 102 investors and has 16 days left in its crowdfunding campaign. Located in… Read More

September 5, 2022 @ 8:40 am By Omar Faridi  |  

PropertyLoop, which enables landlords to find tenants, manage their properties & stay “compliant” all in one place, has raised 101% (£1,221,194) of its £1,200,000 target from 129 investors via Seedrs with 23 days left in the firm’s crowdfunding campaign at the time of writing. Located… Read More

September 5, 2022 @ 2:17 am By Omar Faridi  |  

After months of investments tumbling in a downward trend, July seemed “to mark a positive turning point for global markets,” according to an update from PensionBee. In fact, China was “the only leading stock market to fall in value.” This brief rebound had “created speculation… Read More

September 4, 2022 @ 1:35 pm By Omar Faridi  |  

Capdesk – Europe’s equity management solution – is announcing it has been “acquired by Silicon Valley unicorn and equity giant Carta.” Founded in 2015, London-based Capdesk claims it is “trusted by over 3500 of Europe’s fastest-growing companies – including Gousto, VOI, Checkout.com, Plum Guide and… Read More

September 1, 2022 @ 8:41 am By Omar Faridi  |  

Ebury, which claims to be one of Europe’s largest Fintechs and provider of transaction payment solutions, is increasing its presence in the alternative investment sector “to meet growing demand for better, more focused services as an alternative to traditional banking providers.” Ebury has reportedly “invested… Read More

September 1, 2022 @ 8:39 am By Omar Faridi  |  

Oxbury Bank – which claims to be the UK’s ‘first’ and ‘only’ AgTech bank – has secured £25 million in Tier 2 capital funding, with the investment made by British Business Investments, a wholly-owned commercial subsidiary of the British Business Bank. British Business Investments aims… Read More