Tagged: united kingdom

November 21, 2021 @ 4:25 pm By Omar Faridi  |  

GOODFOLIO, a Fintech offering a personalized and “effortless” way to invest in various firms and industries that share your “ethical” values, has secured 152% (£152,156) of its fundraising target of £100,004 via Seedrs (at the time of writing) with 24 days left in the firm’s crowdfunding… Read More

November 21, 2021 @ 3:28 pm By Omar Faridi  |  

Caxton, which claims to be a profitable payments Fintech, has secured 151% (£1,512,752) of its £1M fundraising target from 1011 investors (at the time of writing) via Crowdcube. Caxton, which says it has a great team and proven technology and further claims that 500k+ B2B… Read More

November 21, 2021 @ 3:27 pm By Omar Faridi  |  

UK-headquartered Nomod, a payments Fintech with a sharp focus on the MENA region, confirmed earlier this week that it has secured $3.4 million via a seed round. Nomod’s latest investment round takes the Fintech firm’s valuation to $50 million. The company has received investments from… Read More

November 20, 2021 @ 2:33 pm By Omar Faridi  |  

GB Group plc (AIM:GBG), which claims to be an expert in digital location, identity and identity fraud software, has announced that it reached an agreement to acquire Acuant, an identity verification and KYC/AML compliance provider, for a cash-free, “debt-free” enterprise value of $736 million. The… Read More

November 20, 2021 @ 1:29 pm By Omar Faridi  |  

Croatian peer-to-peer lender Robo.cash says that P2P loans increase competition with traditional banking. Robo.cash writes in a blog post that European nations with stable and developed economies are leading “in terms of consumer and business lending.” The complete digitalization of the financing process “becomes one… Read More

November 20, 2021 @ 9:32 am By Omar Faridi  |  

Digital assets firm Kraken notes that in the fast-paced world of virtual currencies, every second counts when you’re moving funds around. Kraken writes in a blog post that establishing the bridges that enable seamless transactions from legacy banking platforms to the “ever-growing” number of blockchain… Read More

November 19, 2021 @ 1:10 pm By Tony Zerucha  |  

Visa finds itself in the wrong place at the wrong time and that will hurt its business in the United Kingdom, GlobalData payments analyst Chris Dinga said in a research note today. As of Jan. 19, 2022, Amazon will no longer accept payments from Visa… Read More

November 19, 2021 @ 7:42 am By Omar Faridi  |  

Open data firm Okredo has finalized a €1 million seed round that was led by Lithuania’s Business Angels Fund and Presto Ventures, along with contributions from Startup Wise Guys and several angel investors. Okredo’s software-as-a-service or SaaS platform assists SMEs with assessing the credibility, financial… Read More

November 18, 2021 @ 10:23 am By Omar Faridi  |  

Online lending platform, NewDay, has introduced an instant access digital credit account with flexible repayment terms which are aimed at protecting its business from the competition from Buy Now, Pay Later or BNPL providers. Newpay provides clients with a credit limit of £5,000, which may… Read More

November 18, 2021 @ 9:41 am By Omar Faridi  |  

Just Wealth has reportedly introduced a digital marketing support package for its self-employed advisers. Created by Just Wealth’s in-house marketing team, the digital marketing package offers various lead generation tools. The digital marketing package comes with branded social media profiles, Google My Business profiles as… Read More

November 17, 2021 @ 10:41 am By JD Alois  |  

Neobank Revolut is now covering period costs for Metal Card users, according to a release. Revolut said it had formed a partnership with Yoppie, to help cover period costs with Yoppie’s organic menstrual care products. Metal customers will earn up to £5 cashback from buying… Read More

November 17, 2021 @ 7:46 am By Omar Faridi  |  

London-headquartered payments service provider SumUp has announced the introduction of a Business Account solution for its merchants in the United Kingdom and nearly a dozen European markets. As mentioned in a release shared with CI, the Business Account from SumUp is “central to the evolution… Read More

November 16, 2021 @ 10:29 am By JD Alois  |  

LedgerEdge, a digital corporate bond trading marketplace, has hired senior fixed-income executive Dom Holland to take the role of Business Development for the US. Holland will report to new CEO Michelle Neal. Holland brings over 15 years of senior leadership to his new role. He… Read More

November 16, 2021 @ 10:23 am By JD Alois  |  

Paysend, a payments Fintech, says that it has topped 5 million customers with 500,000 arriving in the past 6 months. Paysend, founded 5 years ago, claims to be one of the fastest growing Fintechs in the world. Paysend’s platform is designed to remove the need… Read More

November 16, 2021 @ 8:26 am By Omar Faridi  |  

UK-based digital banking platform, Starling Bank has reportedly acquired a mortgage book valued at about £1 billion as the Fintech tries to challenge the United Kingdom’s established banks. Starling Bank has reportedly obtained the home loans portfolio from Kensington Mortgages, which offers financing for clients… Read More

November 16, 2021 @ 7:28 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Monday (November 15) that for the week ending November 12,… Read More

November 15, 2021 @ 11:07 pm By Omar Faridi  |  

Finastra has entered into a partnership with Hexaware Technologies  in order to offer managed services for Finastra’s payments solutions deployed via the Cloud. As mentioned in the announcement, the move should assist Hexaware clients in Germany, Belgium, the United Kingdom and Ireland with taking ownership… Read More

November 15, 2021 @ 9:53 pm By Omar Faridi  |  

The team at UK-based Blend Network has noted that we should focus on getting Britain moving again by improving lending services. UK Prime Minister Boris Johnson’s pledge (a commitment to “Get Britain moving again”) had been made following the end of the first lockdown in… Read More

November 15, 2021 @ 10:09 am By JD Alois  |  

Peer-to-peer lender Proplend says it has completed its first ever investor funded commercial property VAT loan. Proplend is an online investment platform that allows individuals to participate in first charge security commercial property loans that earn on average 5-12% per year. Proplend reports that it… Read More

November 15, 2021 @ 9:33 am By Omar Faridi  |  

Thyngs, a platform for supporting touch-free instant payments from any physical marketing asset with a key focus on the Charity sector, has secured 85% (£214,864) of its £250,000 target (with 27 days left in the sale), as part of is crowdfunding campaign via Seedrs. Based… Read More