Tagged: united kingdom

February 11, 2022 @ 9:58 am By JD Alois  |  

Crowdcube, a leading European investment platform, is promoting the overall returns generated by investors. The crowdfunding platform recently tweeted out a link to a page that outlines some of the issuers that have created positive returns for its investors. According to Crowdcube, “over 50,000 investors… Read More

February 10, 2022 @ 8:18 am By Omar Faridi  |  

Deel, a Fintech that has been co-founded by Alex Bouaziz, has been expanding its business operations and focusing on UK-based firms. Deel, a remote worker platform, has started taking digital currency payroll payments from firms, which it then provides to working professionals wherever they might… Read More

February 9, 2022 @ 11:06 pm By Omar Faridi  |  

Consumer lending Fintech Selina Finance has finalized a £150 million Series B round that included equity and debt financing. Selina Finance acquired $115 million in debt funding from Goldman Sachs and GGC and $35 million in equity financing led by Lightrock along with existing investors…. Read More

February 9, 2022 @ 10:31 pm By Omar Faridi  |  

DNA Payments, an independent vertically integrated payments provider, and Verifone, a global Fintech platform and payment solution provider to major retail brands, are pleased to announce a key partnership supporting innovation and reliability within the payments ecosystem. DNA Payments has teamed up with Verifone in… Read More

February 9, 2022 @ 8:11 am By Omar Faridi  |  

The team at UK Fintech LiveFlow notes that they are really excited to announce that they listed the LiveFlows Google Sheets Add-on on Quickbooks Marketplace. LiveFlow has also shared a recap on some key milestones:‍ We launched our Google Sheets Add-on on Google Marketplace‍ LiveFlows… Read More

February 8, 2022 @ 2:39 pm By Omar Faridi  |  

Lending Works recently released their Q4 2021 performance update on their statistics page. As noted by Lending Works in a blog post, the expected annual returns and expected annual loss rates have “remained relatively stable compared to our Q3 2021 update.” The announcement from Lending… Read More

February 8, 2022 @ 11:32 am By JD Alois  |  

Modulr, a Fintech providing Payments as a Service API, has partnered with regional bank Hodge to power a real-time digital banking experience to its customers. This is the first time Modulr has partnered with a traditional bank in this method. Modulr’services enable businesses to automate… Read More

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

Thincats, a UK-based lending platform, has secured £100 million in additional funding. As noted in a blog post by Thincats, the new capital will be deployed by the platform’s management as a senior finance line in order to support SMEs across the United Kingdom and… Read More

February 8, 2022 @ 8:42 am By Omar Faridi  |  

The team at Yapily reveals that their founder and CEO, Stefano Vaccino, has become the newest member of Fintech Founders, which is a network of the United Kingdom’s Fintech entrepreneurs offering an opportunity for “better collaboration with government, regulators, and other influencers across the financial… Read More

February 8, 2022 @ 12:58 am By Omar Faridi  |  

SuperSeed, a VC company investing in the future of business automation, announced that it has finalized the initial closing of its new fund at £31 million, aiming for a final close of £50 million. The fund will be investing anywhere between £500,000 and £1,500,000 into… Read More

February 7, 2022 @ 8:06 pm By Omar Faridi  |  

Diana Shoolman, former head of professional services at NAB, and former director at PwC and Deloitte, has joined Fintech CrowdProperty Australia to serve as its director of strategic partnerships, in order to spearhead the firm’s growth of wholesale, sophisticated, and institutional investors. This appointment is… Read More

February 7, 2022 @ 2:41 pm By Omar Faridi  |  

London-headquartered Fintech Railsbank, which provides virtual banking services, is approaching Unicorn status (valued at $1 billion or more), Sky News confirmed on Friday (February 4, 2022). The UK-based Fintech firm recently acquired certain assets of Wirecard, the collapsed and fraudulent German payments firm. As mentioned… Read More

February 7, 2022 @ 11:13 am By Omar Faridi  |  

Fintech startup Lightyear announced the launch of Lightyear Profiles, which is a way for investors to share “high-level” details regarding their investment portfolio with friends. It creates individual and personalized web pages for every user highlighting their portfolio holdings, recent activities, and which stocks are… Read More

February 7, 2022 @ 9:06 am By JD Alois  |  

Chip, a savings and investment app that is authorised by the UK FCA as a payments provider, has added Crypto Companies Fund to its list of available funds for its users. While not offering direct crypto trading, Chip is providing a path for adding crypto… Read More

February 6, 2022 @ 11:55 pm By Omar Faridi  |  

Digital transformation has worked its way through the bedrock of many industries, from Netflix’s transformation of cable and blockbuster video to Uber’s considerable influence over the ways we access transportation services. Meanwhile, the property market has remained “relatively immune” to such changes. However, Roxana Mohammadian-Molina,… Read More

February 6, 2022 @ 10:54 pm By Omar Faridi  |  

The team at UK’s TaxScouts confirms that their crowdfunding campaign has finally come to an end. Our crowdfund has finally come to an end! We raised £2,925,089 – over 290% of our original target 🎉 We want to say thank you to all our new… Read More

February 6, 2022 @ 9:40 pm By Omar Faridi  |  

Fintech Revolut, the financial super app with nearly 4 million UK clients, has announced the launch of Pet Insurance. As mentioned in the update, the stand-alone product aims to reinforce Revolut’s existing insurance product offering including travel insurance, purchase protection, and ticket- and missed event… Read More

February 6, 2022 @ 6:09 pm By Omar Faridi  |  

In order to help with protecting endangered animals, UK’s TV station, WildEarth, has introduced its own set of non-fungible tokens (NFTs). Notably, 40% of the main sale proceeds will be directed towards various custodians of the land on which the animals are currently living. Graham… Read More

February 6, 2022 @ 2:07 pm By Omar Faridi  |  

Upside, which is focused on empowering a new type of retail investor, “one who is connected, informed, confident and intentional,” has secured 76% (£1,530,827) of its £2,000,004 target via Seedrs from 97 investors with 24 days left in the firm’s crowdfunding campaign. Located in London,… Read More

February 6, 2022 @ 1:07 pm By Omar Faridi  |  

Earlier this week, payments platform Modulr announced a partnership with Ripple, which claims to be the leader in enterprise blockchain and crypto solutions, in order to enable payments into the UK and Europe. Trust Payments, the international unified payments group, is reportedly the first customer… Read More