Tagged: united kingdom

February 21, 2022 @ 4:18 pm By Omar Faridi  |  

VoiceSage, a CPaaS communication and Fintech platform, and technology company, has raised €2,440,907 (or 97% of its €2,500,000 target)  from 221 investors via its crowdfunding campaign carried out through Crowdcube (with 17 days left in the sale). Voice Sage reports a €59,527,242 pre-money valuation, 4.03% Equity,… Read More

February 21, 2022 @ 3:11 pm By Omar Faridi  |  

Binance UK is pleased to contribute to the NASMA’s Student Money Matters initiative, the United Kingdom’s National Association of Student Money Advisers, to “provide 2.2M UK University Students with crypto-asset and blockchain education throughout 2022.” NASMA is a UK Government Body created “to look after… Read More

February 21, 2022 @ 10:33 am By Omar Faridi  |  

The team at UK’s LendInvest, a leading property finance platform, notes that January was a busy month for their bridging department. LendInvest, which recently topped £2 billion in AUM, also mentioned that their free valuation offer “drove enquiry and application growth as developers and investors… Read More

February 21, 2022 @ 8:58 am By Omar Faridi  |  

PrimaryBid, a SoftBank-backed Fintech assisting retail investors with getting early access to IPOs, has secured $190 million in capital via the SoftBank Vision Fund 2 with the participation from Molten Ventures and others. The London-based Fintech firm is focused on helping retail clients get improved… Read More

February 20, 2022 @ 10:17 pm By Omar Faridi  |  

Cross-border payments Fintech Wise (LSE:WISE) intends to hire around 150 professionals for its Singapore business offices in 2022. Wise‘s management noted that this includes key roles focused on engineering, product development, design, analytics, compliance, payments and various other operations in order to support ongoing product… Read More

February 20, 2022 @ 9:13 pm By Omar Faridi  |  

The team at Fintech Deel notes that if your business holds money in stablecoin USDC, then you can pay your monthly Deel invoice for your team’s earnings in USDC “directly from your Coinbase account.” Deel‘s management recently confirmed that they are (reportedly) the first company… Read More

February 19, 2022 @ 2:03 pm By Omar Faridi  |  

Nous, which claims to be a pioneering service to help households “face the cost of living crisis,” has acquired $9 million via a seed funding round. Nous (to rhyme with ‘house’). a London-based Fintech, will use the proceeds to build out its service that helps… Read More

February 18, 2022 @ 3:53 pm By Omar Faridi  |  

Much has been made of embedded lending during the past couple years. With the COVID-19 crisis shuttering businesses and forcing a major shift to online and all-digital services, you could say that this was inevitable. Now, large Fintechs like Klarna, Stripe and PayPal have shown… Read More

February 18, 2022 @ 8:06 am By Omar Faridi  |  

Pikl, a fast-growing Insurtech business offering solutions that enable the Sharing Economy to thrive, has secured 109% (£1,967,791) of its £1,800,006 target with 26 days left in the firm’s crowdfunding campaign carried out via Seedrs. Located in Norwich, United Kingdom, Pikl operates in the finance… Read More

February 17, 2022 @ 11:31 am By JD Alois  |  

Open Banking in the UK has topped 5 million users according to a statement by the Open Banking Implementation Entity (OBIE). The data is provided by the CMA9, the nine banks and building society mandated under the CMA Order to implement open banking in the… Read More

February 17, 2022 @ 9:02 am By JD Alois  |  

Neobank Revolut has announced an “all-in-one” payroll solution for UK SMEs, according to a release. Revolut describes the service as a “first-of-its-kind milestone” for the industry, integrating payroll directly into a business account. Revolut Business is a digital banking vertical that is designed to bring… Read More

February 17, 2022 @ 8:46 am By Omar Faridi  |  

The year has kicked off on a strong note in the United Kingdom’s housing market and the price of an average home continued to reach all-time highs, according to an update published by Blend Network, a specialist development finance lender. The Nationwide House Price Index… Read More

February 17, 2022 @ 8:39 am By Omar Faridi  |  

Following its £100 million fundraise from Alchemy Partners last year, DNA Payments marks its 7th acquisition with the purchase of First Payment Merchant Services (FPMS), a payment solutions provider operating out of Surrey, UK. During the last 10 years, FPMS has become a key player… Read More

February 17, 2022 @ 4:00 am By JD Alois  |  

Insurtech Laka has partnered with the sports retailer Decathlon to provide a tech-driven insurance offering for customers as bike theft is on the rise. Laka is a bike insurance provider – including e-bikes, etc. – and also offers health and recovery coverage. The news follows… Read More

February 16, 2022 @ 6:14 pm By Jairo Riveros  |  

Each day, about 10,000 Baby Boomers turn 65, qualifying themselves for Medicare and—traditionally—retirement. Retirement presents a significant shift for many Americans as they transition their financial reliance from wages to accumulated wealth and settle into their golden years. Retirement also presents a major shift for… Read More

February 16, 2022 @ 12:46 pm By Omar Faridi  |  

Capchase, a provider of non-dilutive capital for recurring-revenue firms, announced that it will open a new European HQ in London. The news follows a considerable surge in demand for Capchase’s services with over $200 million already being made available to UK-based startups. In an update… Read More

February 16, 2022 @ 4:17 am By Omar Faridi  |  

Plum, Europe’s money management app, has appointed Phu Ly to serve as Product VP, as the business gets ready for a year of steady growth following a recent $24 million Series A round. Ly has been responsible for leading product teams at high growth, digital-first… Read More

February 15, 2022 @ 3:15 pm By Tony Zerucha  |  

Assetz Capital plans to lend £1 billion to homebuilders in 2022 before ramping it up 50 per cent in 2023 to £1.5 billion, the company said this week. The announcement was made by parent company Assetz. The move is designed to stimulate demand amongst SME… Read More

February 15, 2022 @ 10:10 am By JD Alois  |  

The Kalifa Review of Fintech was published almost one year ago. The document was constructed to help guide the UK in its mission of supporting and promoting its prominence as a global Fintech hub. The UK has long been a vital financial center – second only to… Read More

February 15, 2022 @ 9:09 am By JD Alois  |  

Zopa Limited has filed several new documents on Companies House with one indicating a new person with significant control. According to the document, Plata Holdings UK Limited now holds 75% or more of the shares in the company including voting rights. The document was filed… Read More