Tagged: united kingdom

February 14, 2021 @ 9:10 am By Omar Faridi  |  

Aaron Cummings, Portfolio Manager at LendInvest, a leading UK based Fintech firm focused on the property finance sector, recently commented on his role, which is to deliver on development loans. Cummings also offered insights regarding what good portfolio management is all about. Cummings, who reportedly… Read More

February 13, 2021 @ 6:35 pm By Omar Faridi  |  

The team at UK challenger bank Starling notes that it may be argued that “financial anxiety” is a by-product of the way that we respond to a particular situation, and not necessarily a result of the actual situation. Starling says that focusing more on what… Read More

February 12, 2021 @ 11:06 am By Samantha Hurst  |  

UK digital banking group Tandem Bank announced on Friday it launched its new Green Instant Access Saver, knowing how most UK customers would opt for green options when it comes to their money. The company reported that in a recent survey carried out by the… Read More

February 12, 2021 @ 10:28 am By Omar Faridi  |  

CapitalRise, a UK-based prime property lending platform, has reportedly advanced a £6.7 million loan to local property developer Elleric. The loan was provided for the acquisition and development of an office building into eight luxury residential apartments located at Breams Buildings in Holborn (in central… Read More

February 11, 2021 @ 10:03 pm By Samantha Hurst  |  

  Emortal, a UK-based digital family content solution, has successfully secured more than £1.6 million through its equity crowdfunding campaign on Crowdcube. The funding round, which launched last month, has already attracted over 680 Crowdcube investors. As previously reported,  Emortal enables families to preserve and pass on… Read More

February 11, 2021 @ 9:53 pm By Samantha Hurst  |  

  Uhive, a UK-based cryptocurrency-powered social network, is set to close its equity crowdfunding campaign on Seedrs with £700,000 in funding from 450 Seedrs investors. As previously reported,  Uhive describes itself as a new free advanced social network that is divided into two “contrasting worlds,” which are Civilized… Read More

February 11, 2021 @ 9:07 am By Samantha Hurst  |  

Assetz Capital, a peer to peer lender that originates secured loans, announced on Wednesday it is set to accept approaching £100 million of new IFISA investment immediately and is looking forward to a bumper ISA season as the only lender of significant scale left in… Read More

February 11, 2021 @ 8:47 am By JD Alois  |  

FinecoBank (BI:FBK), a digital bank operating in the UK but based in Italy, says that the number of current accounts jumped by 70% during 2020 while the ratio between active accounts and total current accounts increased by 63% (from 15% in 2019). FinecoBank entered the UK… Read More

February 10, 2021 @ 11:30 am By Samantha Hurst  |  

    Longevity Card, a UK-based mobile app for managing funds and leading healthy lifestyles, is now seeking a minimum of £415,000 through its equity crowdfunding campaign on Seedrs. Founded in 2020, Longevity Card claims to be new way to manage money and lead a… Read More

February 10, 2021 @ 10:58 am By JD Alois  |  

The UK National Crime Agency (NCA), working in concert with the US Secret Service, Department of Homeland Security, Federal Bureau of Investigation, and Santa Clara DA’s Office, have arrested eight men, aged 18 to 26, in England and Scotland in regards to SIM Swap hacks… Read More

February 10, 2021 @ 8:28 am By Omar Faridi  |  

Trade Ledger, which provides a Lending-as-a-Service (LaaS) platform, has secured £13.5 million in capital through a Series A round that was led by Point72 Ventures. Foundation Capital, Court Lorenzini, and Hambro Perks also took part in the round. Trade Ledger aims to assist lenders with… Read More

February 10, 2021 @ 8:23 am By Omar Faridi  |  

The team at Juniper Research, an analyst house focused on digital technology market research and related Fintech trends, technology data, market sizing, and consulting, notes that e-commerce and financial services have become a key part of many consumers’ lives in a post-COVID world. The Juniper… Read More

February 9, 2021 @ 11:31 pm By Omar Faridi  |  

HUBX, a B2B capital raising platform, has secured $5.5 million through a funding round that included participation from Barclays. Basinghall Partners, Elite and several individual investors also took part in the round. The funds raised via the investment round will be used to support Hubx’s… Read More

February 9, 2021 @ 10:43 pm By Omar Faridi  |  

A new study by Fenergo, provider of digital transformation, customer journey and client lifecycle management (CLM) software, has revealed that Malaysia ranked the highest for data privacy fines in the Asia-Pacific (APAC) region. Fines from Malaysian authorities totaled nearly $4 billion this past year. Neighboring… Read More

February 9, 2021 @ 5:36 pm By JD Alois  |  

UK-based Fintech Cashplus has received approval to become a regulated bank after operating as an e-money institution for many years. Cashplus has worked for a couple of years to gain the license and has recently indicated it is now authorized by the Prudential Regulation Authority… Read More

February 9, 2021 @ 11:20 am By Omar Faridi  |  

We recently connected with Yann Murciano, CEO at online peer to peer lender Blend Network, who had previously explained in an interview with CI last year that we’re witnessing the “democratization of property investing” in the 21st century. As covered in December 2020, the Blend… Read More

February 9, 2021 @ 10:18 am By JD Alois  |  

Finch Capital, a UK and Netherlands based VC firm, has closed on a new fund – Europe III – raising €150 million to invest in Fintechs and artificial intelligence (AI) startups in the financial services sector. Finch said it will target Series A and B… Read More

February 9, 2021 @ 8:37 am By JD Alois  |  

Azimo, a digital money transfer service, has announced the launch of a money transfer service to Pakistan in partnership with HBL, Pakistan’s largest commercial bank. The new service will allow Pakistanis living in the UK, Europe and Australia to send money in minutes, according to… Read More

February 9, 2021 @ 8:30 am By Samantha Hurst  |  

Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, announced on Tuesday it has appointed Anju Patwardhan as a non-executive director to the Board. According to Curve, Anju brings decades of expertise and leadership in financial… Read More

February 9, 2021 @ 7:20 am By JD Alois  |  

Peer to peer lender Folk2Folk says it has increased the size of its brokerage partners. According to the company, this has resulted in several adjustments within the firm, including an expansion of its South West focus to become a national lender, accepting deals from across… Read More