Tagged: united kingdom

June 27, 2021 @ 11:29 pm By Omar Faridi  |  

Emma, a company that’s on a mission to be the control center for your money, has secured  £1,889,342 from 2,588 Investors (at the time of writing) via Crowdcube. Backed by Connect Ventures and other leading VCs, Emma had a £1,000,000 fundraising target. Emma reports a… Read More

June 27, 2021 @ 10:21 pm By Omar Faridi  |  

UK-based Assetz Capital, a peer-to-peer lender that originates secured loans, notes that it’s pleased to be offering a summer rate “reduction of 0.45%” across all of its loan products to borrowers until July 31, 2021. As mentioned in a blog post by the Assetz Capital… Read More

June 27, 2021 @ 10:00 pm By Omar Faridi  |  

FETCH, a transformative Fintech firm that’s focused on “driving efficiency & precision guest location for food & drink ordering & payments,” has acquired £1,414,473 from 246 investors (at the time of writing) via Seedrs. FETCH has now achieved 141% of its £1,000,013 target with 34… Read More

June 27, 2021 @ 4:16 pm By Omar Faridi  |  

The team at Blockchain.com, a leading crypto wallet, block explorer, and trading platform provider, recently revealed that they’re now supporting AAVE and YFI (yearn.finance) Interest Accounts at “a current annual interest rate of 8%.” In September of last year, Blockchain.com had announced support for AAVE… Read More

June 27, 2021 @ 11:54 am By JD Alois  |  

Yesterday, the UK Financial Conduct Authority (FCA) announced that Binance Markets Limited is not permitted to undertake any regulated activity in the UK. Binance Markets is part of the Binance Group. The FCA stated that n other entity in the Binance Group holds any form… Read More

June 25, 2021 @ 6:04 pm By Omar Faridi  |  

Doxim, the customer communications management (CCM) and engagement technology provider focused on serving financial and regulated markets, has introduced an omnichannel CCM solution in the UK. Doxim’s CCM has been designed to empower customer experience leaders and business users to own the shift from print… Read More

June 25, 2021 @ 1:22 pm By JD Alois  |  

The Metropolitan Police have seized £114 million in crypto – said to be the largest seizure in the UK and perhaps the largest globally. According to a statement by authorities, the seizure was carried out by detectives from the Met’s Economic Crime Command on the… Read More

June 25, 2021 @ 7:32 am By Omar Faridi  |  

UK-based ClearScore, a free-of-cost credit scoring service and marketplace, has acquired $200 million in capital from Invus Opportunities. Invus Opportunities, the global equity investor, has committed to a considerable, “long term investment” in ClearScore, the UK’s leading credit marketplace, according to a release. The funds… Read More

June 25, 2021 @ 1:08 am By Omar Faridi  |  

After an extensive and thorough selection process, Hometrack, an established provider of insight and intelligence to the United Kingdom’s mortgage sector, has decided to work with Moneyhub, an Open Finance data, intelligence, and payments service for customer-focused firms. Moneyhub will be serving as Hometrack’s preferred… Read More

June 24, 2021 @ 2:12 pm By JD Alois  |  

Wirex, a digital payments platform, says it will pay people up to 16% on their crypto and fiat funds. Wirex made the claim in a release announcing the launch of its new service “X-Accounts” created in partnership with Fireblocks. While the 16% promotion is pretty… Read More

June 24, 2021 @ 11:39 am By JD Alois  |  

Wahed Inc., an Islamic Fintech firm, has announced the appointment of Umer Suleman as General Manager of UK operations. According to a note from the company, his responsibilities will include overseeing Wahed Invest’s growth strategy and solidifying the firm’s position as a top provider of… Read More

June 24, 2021 @ 8:42 am By Omar Faridi  |  

Currencycloud, the Fintech firm that aims to simply and streamline business in a multi-currency environment, has introduced its Bold Academy – which is described as a knowledge-sharing program for Series A-funded startups or early-stage ventures. The Bold Academy has been launched along with an update… Read More

June 23, 2021 @ 9:50 am By Omar Faridi  |  

Crowdcube has partnered with Seccl, the Octopus-owned custodian and investment tech firm, to offer clients seamless, API-enabled access to public markets as it introduces its Community IPO product later in 2021. As noted in a release shared with Crowdfund Insider, the integration with Seccl’s suite… Read More

June 23, 2021 @ 8:15 am By Tony Zerucha  |  

Recent Financial Conduct Authority (FCA) statements on the growth of cryptocurrency ownership among adults in the United Kingdom highlight the need to provide more support and protection for those investors Ziglu founder and CEO Mark Hipperson said. A UK-based money app, Ziglu allows users to… Read More

June 23, 2021 @ 8:13 am By Omar Faridi  |  

Billhop and ICS have teamed up to improve working capital access for SMEs across the Netherlands. Through the partnership, ICS commercial cardholders, based in the Netherlands, will have access to Billhop’s service “at a preferential rate,” according to a release shared with CI. As mentioned… Read More

June 22, 2021 @ 10:07 am By Omar Faridi  |  

TrueLayer, Europe’s Open Banking platform, reveals that it has launched a new approach to account ownership checks with its Verification API. As noted in the announcement from TrueLayer, the Verification API will be leveraging Open Banking along with with machine learning algorithms. This should help… Read More

June 22, 2021 @ 7:54 am By Omar Faridi  |  

UK-based Tide, a business financial platform, confirmed that it will be introducing Cashflow Insights this month in order to assist small business owners with enhancing their cash flow management while addressing delays in payments. The new solution should improve how credit scores may be used… Read More

June 21, 2021 @ 11:27 pm By Omar Faridi  |  

Standard Chartered (the Group) recently revealed that it will be appointing Roel Louwhoff who will be serving as the new Group Chief Digital, Technology & Innovation Officer. Louwhoff previously worked as Chief Operations and Transformation Officer at ING since 2014. According to an update from… Read More

June 21, 2021 @ 7:35 pm By Omar Faridi  |  

Augmentum Fintech plc (LSE: AUGM), the UK’s only publicly listed investment firm that’s focused on the Fintech industry, has made a $10 million (c. £7.3 million) investment into Helsinki based Tesseract Group Oy, marking Augmentum’s first investment into Finland. As noted in a release shared… Read More

June 21, 2021 @ 11:04 am By Omar Faridi  |  

Scottish Fintech firm Aveni has acquired a £1.1 million investment in order to establish an AI platform which is focused on supporting speech analytics for modern businesses. Aveni Detect reportedly uses the latest artificial intelligence and natural language processing (NLP) technologies in order to fully… Read More