Tagged: united kingdom

March 15, 2022 @ 9:07 am By JD Alois  |  

Crypto exchange Bitstamp has hired James Greenwood as Chief Technology Officer. Greenwood is a former banker having worked for both traditional and digital platforms. According to a statement from the company, Greenwood’s most recent position was as Chief Product Officer at Zand Bank (UAE), where he… Read More

March 15, 2022 @ 8:39 am By Omar Faridi  |  

Gretel, a Fintech firm which allows financial services providers to quickly and seamlessly reconnect their clients with lost insurance products, banking accounts, pensions, savings and other investments, recently revealed that it has acquired $1 million in pre-seed funding – which was led by Insurtech Gateway… Read More

March 14, 2022 @ 10:54 am By Omar Faridi  |  

Dedicated prime property investment platform CapitalRise has reportedly appointed Simon Brown as the firm’s new Head of Lending, and Saif Khichi and Ed Groves have joined as credit analysts. In their roles at CapitalRise, Simon will be tasked with all aspects of the platform’s lending… Read More

March 14, 2022 @ 10:14 am By JD Alois  |  

Playter, a buy now – pay later (BNPL) startup, has raised a $1.7 million Seed round, according to a statement from the company. Playter is a London-based platform that aims to help startups scale quicker with BNPL invoicing. The round was co-led by global investment… Read More

March 14, 2022 @ 8:57 am By JD Alois  |  

Leading UK-based property Fintech LendInvest has hired Greg Medcraft, former Head of Australia’s regulator, as Senior Advisor. Medcraft Commissioner and then Chairman of Australia’s financial services regulator, ASIC was from 2009 to 2017. Until last year, he was Director of the Directorate for Financial and… Read More

March 14, 2022 @ 8:45 am By Omar Faridi  |  

Recent data from Fintech firm Klarna, an international retail bank, payments, and shopping service, indicates that UK consumers are saving a larger share of their earnings every month when compared to their global peers. However, UK consumers are also less interested in investing their funds… Read More

March 14, 2022 @ 3:43 am By Omar Faridi  |  

Emerald Stay, a Proptech that acquires and grows vacation rental operators, has acquired  127% (€639,780) of its €500,000 target via Seedrs from 154 investors (at the time of writing) with 18 days left in the company’s crowdfunding campaign. Based in Genève, Switzerland, Emerald Stay operates… Read More

March 14, 2022 @ 2:42 am By Omar Faridi  |  

ScribeStar, an SaaS platform that streamlines and automates the “complex and inefficient processes of issuing securities (eg IPOs, bonds) and ongoing reporting in capital markets,” has acquired 106% (£587,395) of its £550,000 target via Crowdcube from 222 investors (at the time of writing) with 18… Read More

March 13, 2022 @ 4:06 pm By Omar Faridi  |  

The team at Landbay notes that they believe that as an established lender, they must be able to demonstrate that they’re using the latest technology and continue to enhance the service they provide. Their online platform stands out “as one of the most advanced in… Read More

March 12, 2022 @ 8:41 pm By Omar Faridi  |  

Lendable, an AI-enhanced consumer finance platform, has announced a £210 million funding round at a valuation “in excess of £3.5 billion.” The round has reportedly been led by the Ontario Teachers’ Pension Plan Board (Ontario Teachers’), through its Teachers’ Innovation Platform (TIP). TIP focuses on… Read More

March 12, 2022 @ 5:36 pm By JD Alois  |  

Early-stage Fintech Kolleno has raised  £4 million in seed funding, according to a statement by the company. The funding was led by Eurazeo and Stride.VC. Other investors include Euler Hermes, HubSpot, and several angel investors including Michael Pennington, Mark Ransford, and Will Neale. Kolleno was… Read More

March 11, 2022 @ 12:28 pm By Omar Faridi  |  

Funding Options, a UK firm helping business owners get the right finance in place, so they can “trade, plan and grow with confidence,” has been focused on expanding its range of financial services. Calling all Accountants and Advisory Professionals – Funding Cloud: Connect has officially… Read More

March 11, 2022 @ 8:59 am By JD Alois  |  

Insurtech MGA Loadsure has closed on an $11 million Series A funding round, led by MMC Ventures, according to a statement by the company. Additional investors in the round include Crowley and existing investor Insurtech Gateway. Loadsure claims title as the industry’s first transactional cargo… Read More

March 11, 2022 @ 7:56 am By Omar Faridi  |  

Binance UK is pleased to renew its membership at Innovate Finance, which is an independent not-for-profit industry body “representing the UK’s Global FinTech community, as a Scaleup Innovator for another year until 2023.’ As an international player in the digital asset sector, Binance is “committed… Read More

March 11, 2022 @ 7:52 am By Omar Faridi  |  

Buildiro, a metasearch engine and aggregation site for “locating and purchasing building supplies,” has acquired 76% (£228,833 ) of its £300,001 target from 55 investors via Seedrs (at the time of writing) with 28 days left in the firm’s crowdfunding campaign. Based in London, UK, Buildiro… Read More

March 10, 2022 @ 11:44 pm By Omar Faridi  |  

UK’s banking app provider Novus has been working cooperatively with Sustainability-as-a-Service provider ecolytiq to offer Novus’ sustainable banking app. All Novus clients in the UK get more transparency on their personal carbon footprint with each payment completed. This way of banking assists clients with better… Read More

March 10, 2022 @ 8:51 pm By Omar Faridi  |  

We recently connected with Mikkel Velin, Co-CEO, YouLend, which works with digital commerce platforms (inc. eBay and Shopify) in order to offer merchants access to fast and reliable funding. During a discussion with CI,  YouLend‘s management noted that the UK government’s Help to Grow scheme… Read More

March 10, 2022 @ 3:27 pm By Omar Faridi  |  

State Street Corporation (NYSE: STT) announced that State Street Digital, the company’s dedicated Digital unit, has entered into a licensing agreement with Copper.co, a London-headquartered provider of institutional digital asset custody and trading infrastructure. State Street Digital will “leverage Copper.co’s technology to develop and, subject… Read More

March 10, 2022 @ 9:01 am By Omar Faridi  |  

HyperionDev, a company that teams up with top ranked universities such as the University of Edinburgh to deliver university certified coding bootcamps online & onsite, has raised 132% (£2,654,165) of its £2,000,000 target via Crowdcube (at the time of writing) from 600 investors with 11… Read More

March 9, 2022 @ 11:49 am By JD Alois  |  

Bank North, a forward-thinking bank serving UK SMEs, has added several new executives to its team. According to a note from the company, the bank has appointed a Head of Valuations, Head of Financial Reporting and Financial Control, Head of Underwriting, and acting Treasurer, along… Read More