Tagged: united kingdom

July 13, 2021 @ 10:16 am By JD Alois  |  

Just weeks after a record amount of crypto seized by authorities in the UK, the Metropolitan Police have topped that amount in taking possession of cryptocurrency said to amount to almost £180 million. According to Scotland Yard, the seizures were made by detective from the… Read More

July 13, 2021 @ 8:51 am By JD Alois  |  

Crowdcube, a top European investment crowdfunding platform, has hired a new Chief Technology Officer as the launch of its new Community IPO nears According to a post on BusinessCloud, former CIO of Moneysupermarket David Halsey will help develop the tech stack at Crowdcube as the… Read More

July 13, 2021 @ 7:57 am By Omar Faridi  |  

The team at Shojin, an investment firm that aims to unlock institutional-grade investment opportunities in the UK property market for “enlightened investors across the world,” has taken a detailed look at how real estate crowdfunding originated and why they think the future is bright for… Read More

July 13, 2021 @ 7:54 am By Omar Faridi  |  

InstaVolt, an established rapid electric vehicle charger network, has partnered with UK’s digital bank Starling. Through the partnership with Starling, the digital bank will utilize InstaVolt’s rapid charging network as “a full service advertising channel from 5th July.” As mentioned in a release shared with… Read More

July 13, 2021 @ 1:33 am By Omar Faridi  |  

FETCH, a transformative Fintech driving efficiency and precision guest location for food & drink ordering & payments, has secured 179% of its fundraising target through Seedrs with 20 days lefts in the sale. FETCH has acquired £1,794,298 from 329 investors at the time of writing (with… Read More

July 12, 2021 @ 11:24 pm By Omar Faridi  |  

Swapi, a company focused on giving users the option to exchange loyalty rewards between brands and avoiding having their points expire, has secured £338,000 (of its £300,000 target) in capital via Crowdcube from 160 different investors (at the time of writing). Swapi reports a £4,311,925… Read More

July 12, 2021 @ 6:08 pm By JD Alois  |  

The aftershocks continue to reverberate as affiliated firms assess the action by the Financial Conduct Authority (FCA) to ban Binance’s activity in the UK. Late last month, the UK securities regulatory effectively shut down Binance’s activity in the country. The statement by the FCA was… Read More

July 12, 2021 @ 4:09 pm By Omar Faridi  |  

Fintech investment trust Augmentum has acquired £55 million in capital from its latest investment round, surpassing its initial £40 million target. As noted by the firm’s management: “Augmentum Fintech plc is one of Europe’s leading venture capital investors focusing exclusively on the fintech sector. We… Read More

July 12, 2021 @ 10:49 am By JD Alois  |  

UK-based Fintech Curve has announced a new partnership with Discover (NYSE:DFS), according to a note from the company. Discover Global Network reports over 50 million merchant acceptance locations and 2 million ATM and cash access locations around the world. Curve states that the arrangement will… Read More

July 12, 2021 @ 10:18 am By Omar Faridi  |  

UK-based Weavr, a startup that assists businesses with embedding banking and payments solutions into their mobile or software-as-a-service (SaaS) solutions, has finalized a £7 million seed round. Weavr’s investment round, which is an extension of a £3 million seed capital fundraise during 2020, has reportedly… Read More

July 12, 2021 @ 8:21 am By JD Alois  |  

Leading property finance Fintech LendInvest is expected to trade on the London Stock Exchange’s AIM market this Wednesday (July 14, 2021). According to documents filed with the exchange, LendInvest will raise £40 million at a £255.6 million valuation. 83.7% of shares will remain in the… Read More

July 12, 2021 @ 7:29 am By Omar Faridi  |  

UK-based business banking platform Tide has secured more than $100 million in capital through a Series C round (at a $650 million valuation). Tide, which has helped around 350,000 SMEs and opened more than 410,000 business accounts since it launched operations in the United Kingdom… Read More

July 11, 2021 @ 10:59 pm By Omar Faridi  |  

Fenchurch Legal, a litigation finance provider, has reportedly joined European P2P lending platform Mintos and will be offering new investment opportunities. As mentioned in an update from Mintos, dated July 8, 2021, the platform continues to add new cooperation partners. It also remains focused on… Read More

July 10, 2021 @ 4:57 pm By Omar Faridi  |  

After selling its proprietary lending technology to banking institutions, Funding Xchange has decided to launch an FXE Technology unit. The FXE Technology division for lenders will offer affordability and eligibility assessments, along with portfolio monitoring services after loans have been issued. Funding Xchange Co-founder and… Read More

July 9, 2021 @ 11:29 am By JD Alois  |  

Following the announcement from Barclays that it would no longer allow transfers to the world’s largest crypto exchange Binance, Santander has announced it will do the same. As posted on the Santander website, the bank explains: We’re stopping payments to Binance for your protection We… Read More

July 9, 2021 @ 8:49 am By JD Alois  |  

JustUs, a UK-based peer-to-peer lender, says it has updated its investment platform is ready to expand its services into both Europe and the US. According to a post by JustUS founder and CEO Lee Birkett, crowdfunding will be available in the US later in July:… Read More

July 9, 2021 @ 8:15 am By Omar Faridi  |  

London-headquartered Hudson Fintech, a Capital Markets tech company, has teamed up with 1066NOW, an Oracle Partner, in order to offer the Hudson Edge platform to financial institutions that are currently using Oracle’s suite of products. Through the partnership, 1066NOW’s Banking Integration Application (BIA) will aim… Read More

July 9, 2021 @ 1:30 am By Omar Faridi  |  

Modulr, a Payments as a Service API Platform for digital businesses, notes that they work hard every day to make sure that all of the client communications are clear. The UK-based Fintech is also committed to playing its part in enhancing established standards across the… Read More

July 9, 2021 @ 1:28 am By Omar Faridi  |  

Digital banking platform Revolut notes that they already know that Revoluters are “exceptional people.” However, the Fintech firm points out that what makes its team extraordinary is how well they have adapted to remote work in a post COVID environment. Revolut writes in a blog… Read More

July 8, 2021 @ 9:28 pm By Omar Faridi  |  

Workmate, a Southeast Asian Workforce Management Platform and marketplace for informal workers, has reportedly acquired a senior secured loan of “up to $10 million” from Lendable Inc., a provider of debt to Fintechs in emerging and frontier markets. As mentioned in the announcement: “A committed… Read More