Tagged: united kingdom

March 15, 2021 @ 8:36 am By Omar Faridi  |  

Although banking platforms have been upgrading their legacy technology stacks and making substantial investments into their digital transformation strategies, their boards of directors still don’t have the tech-related expertise needed to effectively manage modern financial institutions. A report from Accenture reveals that only 10% of… Read More

March 14, 2021 @ 10:02 pm By Samantha Hurst  |  

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Friday its CEL token is now on the Bittrex Global Exchange. According to Celsius, the CEL token was listed on its first crypto exchange in June 2018 and is currently also trading on several decentralized exchanges. Celsius customers… Read More

March 14, 2021 @ 3:59 pm By Omar Faridi  |  

Digital banking challenger Revolut confirms that Spring is in the air and it’s “giving us life!” Revolut writes in a blog post that it has been hard at work on its latest updates for clients, and it’s hoping they “put a spring in your step… Read More

March 14, 2021 @ 2:10 pm By Omar Faridi  |  

The third edition of Startupbootcamp Fintech Dubai’s accelerator program has now concluded. During the Demo Day, there were 11 startups that pitched their ideas to potential investors, corporate partners, industry experts, mentors, and the general public. Startupbootcamp Fintech Dubai was introduced in 2018 through a… Read More

March 13, 2021 @ 6:40 pm By Omar Faridi  |  

San Francisco-based Carta, a firm that helps private and public companies, investors, and employees manage equity and ownership, notes that VC investors have underwritten “massive transformations in technology, society and culture.” However, there have been certain changes to the actual investment process, Carta explains. Although… Read More

March 13, 2021 @ 5:38 pm By Omar Faridi  |  

The team at UK-based Blend Network, an online P2P lender, notes that today’s “online” or digital world has made it easy for us to engage in e-commerce, work online or remotely, and even make investments via Internet-based platforms. Blend Network confirms that they’ll be conducting… Read More

March 12, 2021 @ 1:33 pm By Samantha Hurst  |  

  Juggle, a UK-based professional employment platform, has successfully secured its initial £350,000 equity crowdfunding target through its Crowdcube campaign. The funding round has so far attracted more than 300 Crowdcube investors. Founded in 2015, Juggle describes itself as a digital platform for companies to find,… Read More

March 12, 2021 @ 1:19 pm By Samantha Hurst  |  

SwipeStation, a click and collect service that allows users to create an order from anywhere in sports stadiums, is set to close its latest equity crowdfunding campaign on Seedrs with more than £565,000. The funding round launched in January with a mission to raise a… Read More

March 12, 2021 @ 8:20 am By Samantha Hurst  |  

Boson Protocol, a project using smart contracts to power real-world commerce, announced on Thursday it has secured an additional $10 million. The latest investment comes less than six months after Boson Protocol closed its SAFE (Simple Agreement For Equity) funding round, raising $350,000 (£270,000).  The… Read More

March 12, 2021 @ 8:06 am By Samantha Hurst  |  

  Celsius Network, a cryptocurrency lending and borrowing platform, announced earlier this week it has validated more than $10,426,308,071.50 worth of cryptocurrency assets using third-party validation tools. The latest milestone comes just a few months after Celsius conducted its first-ever asset verification report using the… Read More

March 12, 2021 @ 7:39 am By Omar Faridi  |  

Assetz Capital, a peer-to-peer lender that originates secured loans, asks why there are only 20% of women investing via online platforms. As mentioned in a blog post by Assetz Capital, there’s a “misconception” that investing is suitable or appropriate for only a “certain type” of… Read More

March 12, 2021 @ 7:38 am By Samantha Hurst  |  

  Plaid announced on Thursday it has joined forces with Codat, a UK-based technology company that connects the internal systems of small businesses to banks, fintechs, and other financial institutions, to improve small business lending in the UK. Plaid revealed that through the partnership, it… Read More

March 11, 2021 @ 11:45 pm By Omar Faridi  |  

DMALINK, which develops technology for creating an open, transparent and accessible currency market for banks, funds, corporations, had planned to raise £100,013 via Seedrs. There are 16 days left to invest in DMALINK’s operations and the company has already secured £146,252 (or 146% of its… Read More

March 11, 2021 @ 7:32 am By Omar Faridi  |  

UK-based MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, has reported reaching profitability as it returns a record start to the year. The Fintech business lender has reportedly started the year off with a considerable increase in lending volumes. MarketFinance has disbursed… Read More

March 11, 2021 @ 7:30 am By Omar Faridi  |  

UK-based payments Fintech MultiPay has officially launched its services, which allow clients to accept payments from anywhere in the world. Digital commerce transactions in the United Kingdom have surged over 45% during the COVID-19 pandemic. Meanwhile, physical in-store payments have declined during the same time… Read More

March 10, 2021 @ 10:30 am By JD Alois  |  

Judith Hartley, CEO of British Patient Capital, has distributed feedback on the just-published British Business Bank Small Business Finance Markets Report. Hartley believes that while unicorns are an indicator of success that many firms never achieve unicorn status yet still deliver strong returns. Hartley says… Read More

March 10, 2021 @ 9:36 am By JD Alois  |  

Passion Capital, an early-stage tech VC firm, has listed its Passion Capital Fund III on Seedrs. Registered investors on the Seedrs platform will have the opportunity to invest in the £45 million fund. Seedrs reports that this partnership is the first time a Europe-based private… Read More

March 10, 2021 @ 9:13 am By JD Alois  |  

Property finance marketplace LendInvest has enlisted Jumio to streamline LendInvest’s digital application process for its Buy-to-Let (BTL) product.  According to a note from LendInvest, the company will now incorporate Jumio’s biometric ID verification technology to speed up the lending process. LendInvest says this partnership makes… Read More

March 10, 2021 @ 8:23 am By JD Alois  |  

The British Business Bank reports a surge in SME lending with 89% of businesses seeking funding in 2020 because of Covid-19. The Bank’s Small Business Finance Markets report states that 45% of SMEs surveyed applied for financing in 2020 in contrast to just 13% in… Read More

March 9, 2021 @ 11:30 pm By JD Alois  |  

Seedrs Secondary Market opened this week and following the trades, Seedrs has posted on its blog that it claims the title as the UK’s biggest marketplace for private companies. Of note, is the fact that private companies who haven’t raised on Seedrs before can list… Read More