Tagged: united kingdom

December 27, 2020 @ 11:18 pm By Samantha Hurst  |  

  EverUp, a UK-based prize-linked savings mobile app, has successfully secured nearly 300,000 in funding through its equity crowdfunding campaign on Crowdcube. Founded earlier this year, EverUp’s mission is to turn saving money and generally good financial habits from a delayed gratification into a instant… Read More

December 27, 2020 @ 11:09 pm By Samantha Hurst  |  

    UK property crowdfunding platform Assetz Exchange is set to close its latest equity crowdfunding campaign on Seedrs with nearly £300,000 raised from more than 300 Seedrs investors. Assetz is now offering 5.25% in equity at a £5 million pre-money valuation through the funding round,  As… Read More

December 27, 2020 @ 9:12 pm By Omar Faridi  |  

Brian Bartaby, CEO at Proplend, a UK-based peer to peer (P2P) lender, has stated that he’s “cautiously optimistic” about how the platform will perform in 2021 after almost managing to reach profitability this year despite COVID-19 related challenges. Bartaby added that Proplend, which mainly focuses… Read More

December 27, 2020 @ 8:45 pm By Omar Faridi  |  

Lloyds Banking Group, which owns the Bank of Scotland, has introduced the next phase of its plan to support Scotland’s Fintech workforce. According to Lloyds, Scotland has the fastest-growing digital economy after London. The Lloyds Banking Group will be working cooperatively with Fintech Scotland in… Read More

December 27, 2020 @ 12:43 pm By Omar Faridi  |  

Zopa, formerly a peer to peer lender and now a regulated digital bank, is planning to generate sizable profits in 2021. Jaidev Janardana, CEO at Zopa, will aim to leverage his 15 years+ of experience working in the lending sector to give the platform a… Read More

December 26, 2020 @ 10:00 pm By Omar Faridi  |  

CapitalRise, an online platform for prime property lending and investing, confirmed that it has issued £92 million in loans and is now on track to hit its £100 million lending milestone at some point early next year. This, after seeing a significant increase in demand… Read More

December 26, 2020 @ 11:35 am By Omar Faridi  |  

Digital bank Revolut notes in its end of year review that “it goes without saying that 2020 has been a year like no other.” It has definitely impacted all our lives, including how we spend our money and the way we save, the Fintech firm… Read More

December 24, 2020 @ 3:15 pm By Samantha Hurst  |  

  Kestrl, a UK-based mobile budgeting app, has successfully secured its initial £160,000 funding target through its equity crowdfunding campaign on Seedrs. Founded earlier this year, Kestrl’s vision is to help users to combine their financial goals in life with their personal values, in order… Read More

December 24, 2020 @ 11:40 am By JD Alois  |  

The United Kingdom and the European Union have reached a trade deal just in time for Christmas. The UK government said they have agreed on a zero tariff-free trade deal including a commitment to maintaining high labor, environment, and climate standards without giving the EU… Read More

December 24, 2020 @ 9:30 am By Samantha Hurst  |  

  Crosspay, a UK-based international money transfer service, is now seeking funds through its equity crowdfunding campaign on Crowdcube. Originally seeking a minimum of £150,000 Crosspay has already surpassed £180,000 and attracted nearly 160 Crowdcube investors. Founded in 2015, Crosspay states that it enables individuals… Read More

December 22, 2020 @ 10:37 pm By Omar Faridi  |  

IPGL, the private investment firm that’s managed by Michael Spencer, the Founder and former chief executive at Icap and NEX, has reportedly invested in London based Tradefeedr, a trade analytics solution provider. Spencer remarked: “Tradefeedr is a really promising financial technology business, with the right… Read More

December 22, 2020 @ 10:20 pm By Omar Faridi  |  

Binance has welcomed digital assets derivatives exchange Mettalex (developed by Fetch.ai) to its decentralized finance (DeFi) ecosystem. Mettalex is teaming up with Binance Smart Chain in order to enable lower transaction fees to commodity derivatives traders and liquidity providers, according to a release. Vlad Dramaliev… Read More

December 22, 2020 @ 11:50 am By Samantha Hurst  |  

  Liberis, a UK-based fintech, announced on Tuesday it secured £70 million in financing from long-term partners British Business Investments, Paragon Bank, BCI Europe, as well as financing and venture debt from new partner Silicon Valley Bank (SVB). The newly acquired funds brings Liberis’ total… Read More

December 22, 2020 @ 10:48 am By JD Alois  |  

Brickowner, a property investment platform, has selected Kenneth Green as Head of Compliance, according to a note from the Proptech. Green is a former Barclays executive with over 10 years of experience providing compliance and risk advice to financial services firms. Green said he is… Read More

December 21, 2020 @ 7:08 pm By Omar Faridi  |  

UK-based Cashaa, a digital asset exchange and banking service provider, has revealed that it’s listing on KuCoin exchange in order to promote the adoption of its native CAS token. As reported in July 2020, more than $3 million in Bitcoin (BTC) were allegedly stolen from… Read More

December 21, 2020 @ 3:43 pm By Samantha Hurst  |  

UK-based renewable energy platform Ripple is now nearing £375,000 in funding through its latest equity crowdfunding campaign on Seedrs. The investment round, which was launched last month, was originally seeking £350,000 and has so far attracted more than 780 Seedrs investors.  As previously reported, Ripple was… Read More

December 21, 2020 @ 1:35 pm By Samantha Hurst  |  

  Zego, a UK-based insurtech, recently announced it has received a European broking license as part of its plans to expand throughout Europe. The company revealed that the license, which was award but the Dutch regulator AFM, will enable it to work with EU-based insurance… Read More

December 20, 2020 @ 11:55 pm By Omar Faridi  |  

James Gibson, Head of Product at Revolut Business, notes that it’s their goal or mission to assist clients with getting more from their business accounts with powerful tools that allow them to have complete control over their finances. That’s why digital bank Revolut will be… Read More

December 20, 2020 @ 10:37 pm By Omar Faridi  |  

Digital bank Monzo, which recently scored an additional £60 million investment, has revealed that personalized cards have now arrived for US customers. The Monzo team notes in a blog published on December 16, 2020, that they’re pleased to announce that they’ve introduced their newly designed,… Read More

December 20, 2020 @ 10:24 pm By Samantha Hurst  |  

Paysme, a UK-based fintech mobile app, is set to close its equity crowdfunding campaign on Seedrs with nearly £300,000 raised from 165 Seedrs investors. As previously reported, Paysme describes itself as a super app delivering financial services to underserved small business communities to accelerate their… Read More