Tagged: united kingdom

August 9, 2021 @ 1:49 pm By Omar Faridi  |  

WealthKernel, a Wealthtech solution provider for digital investment services, reveals that the US halal (Islamic) and ethical-focused investment company, Wahed, has now migrated its investment offering to WealthKernel’s “trusted” APIs. Wahed had teamed up with WealthKernel back in 2017 in order to use its white-label… Read More

August 9, 2021 @ 8:52 am By Omar Faridi  |  

Paysme, a Fintech platform for small businesses, has announced its £1 million round via the private capital platform Globacap in order to expand what the company claims is Europe’s very first B2B “Super App.” Paysme is working closely with payment service providers such as Barclays,… Read More

August 8, 2021 @ 7:00 pm By Omar Faridi  |  

We recently connected with Yair Benyamini, CEO and Co-Founder of Lendai. Founded during the COVID-19 crisis, the disruptive digital-first lender allows foreign and non-resident investors to buy US properties through an online mortgage approval process that takes around one week. According to Lendai, this is… Read More

August 8, 2021 @ 12:29 pm By Omar Faridi  |  

TiPJAR, which is a global cashless tipping platform designed for hospitality staff & other tipped workers, has secured £692,780 of its £400,000 target from 370 investors via Crowdcube. The company reports an £11,000,000 pre-money valuation, £5.92 share price, and 5.92% equity. There are now 27… Read More

August 7, 2021 @ 2:17 pm By Omar Faridi  |  

The team at UK-based Blend Network, a peer-to-peer lending platform, notes that it’s “no secret” that the country suffers from a “structural under-supply” of housing. Blend Network writes in a blog post that the UK government has said it’s committed to providing 300,000 homes every… Read More

August 7, 2021 @ 10:57 am By Omar Faridi  |  

The team at Blockchain.com, a leading crypto wallet provider, trading platform, and block explorer service, has shared their August Market Outlook report, titled, The Final Crypto Adoption Frontier. Bitcoin or BTC adoption as an investment asset began with what is “often characterized as ‘retail’ (smaller… Read More

August 7, 2021 @ 8:47 am By Omar Faridi  |  

UK’s easyMoney, the investment platform from Sir Stelios Haji-Ioannou’s easy family of brands that claims that it has “never lost a penny on its loans,” notes that investment in individual savings accounts or ISAs “continues to grow despite low interest rates.” The company questions whether… Read More

August 7, 2021 @ 8:08 am By Omar Faridi  |  

The team at UK-based Sourced Capital, the home of property-backed peer to peer investing, notes that when you’re deciding to invest into property, selecting the appropriate location is a good place to begin, and the type of property investment strategy that Sourced Capital’s Borrowers choose… Read More

August 6, 2021 @ 12:20 pm By JD Alois  |  

While there is a lot of discussion about digital assets, the world of Fintech and alternative investments also includes non-traditional assets like art, wine, watches, and more. Koia, a startup with a new investment app, is aiming to bring the world of alternative investments to… Read More

August 6, 2021 @ 11:10 am By JD Alois  |  

Zinc, a mission-driven venture group, is looking to raise £33 million and it is raising funding on Seedrs. According to the offering page, Zinc has raised £26.75 million from 114 investors with more than a month left in the offering. Zinc is a venture group… Read More

August 6, 2021 @ 8:04 am By JD Alois  |  

Property finance platform LendInvest has announced several changes to its Buy-to-Let offerings, including rate reductions across standard properties and HMOs. According to a note from LendInvest, the company has repriced its standard Buy-to-Let (BTL) products, with its two-year 65% LTV product now available at 2.85%,… Read More

August 6, 2021 @ 7:57 am By Omar Faridi  |  

CoinShares International Ltd (Nasdaq First North Growth Market: CS) has shared its interim financial results for the 6 months ended 30 June 2021. The full report from European digital asset manager CoinShares, may be accessed via the firm’s Investor Relations site. As stated in the… Read More

August 5, 2021 @ 8:27 am By JD Alois  |  

Santander UK is reporting the rollout of its CashFlow Manager App in the UK. The App is available for corporate and commercial banking accounts. Utilizing the Open Banking ecosystem in the UK, the app is described as enabling customers to have a single view of… Read More

August 5, 2021 @ 8:01 am By Omar Faridi  |  

UK-based TrueLayer, which is one of Europe’s leading Open Banking platforms, reveals that Clement Boulais has now joined the company as GM for France. Clement Boulais is an experienced commercial manager and Fintech expert. He’ll be working out of the firm’s Paris offices and will… Read More

August 4, 2021 @ 11:13 am By JD Alois  |  

UK-based peer-to-peer lending platform Proplend has added commercial property VAT loans, according to a release. Proplend is an FCA-regulated P2P lending platform specializing in sub £5 million commercial real estate debt. To date, Proplend has completed over £130 million of lending and is rated by… Read More

August 4, 2021 @ 9:45 am By JD Alois  |  

Property finance platform LendInvest has received the highest possible rating from a European rating agency for the seventh consecutive year, according to a note from the company.  For the 6th year in a row, ARC Ratings affirmed its SQ1 Servicer Quality Rating for LendInvest following… Read More

August 4, 2021 @ 8:28 am By Omar Faridi  |  

The team at Digital Asset Management reports that it is now live on Crowdcube as the first Gibraltar registered firm to crowdfund. The firm’s management told Crowdfund Insider: “During the first few days of being live in Dam’s community, the company has raised over 1,000,000… Read More

August 4, 2021 @ 8:24 am By Omar Faridi  |  

Dedicated Prime property lender CapitalRise announced the advancement of a £9.2 million senior loan for the refinancing and development of two freehold Georgian townhouses based in Bloomsbury, London “with a GDV of £14 million.” As mentioned in a release shared with CI, the loan will… Read More

August 4, 2021 @ 8:19 am By Omar Faridi  |  

A completely digital economy has “always been on the horizon” and now, thanks to the Covid-19 outbreak, that horizon has been “brought to the forefront” of business operations, the team at UK-based Fintech Modulr writes in a blog post. Before the Coronavirus crisis, cashless payments… Read More

August 3, 2021 @ 6:20 pm By Omar Faridi  |  

Digital bank Revolut, which offers a financial Super App with 16 million clients globally, reveals that it has simplified cross-border transactions between the US and Mexico with the introduction of its US-Mexico remittance corridor. With this launch, Revolut clients in the US and Mexico are… Read More