Tagged: united kingdom

January 18, 2021 @ 4:33 pm By JD Alois  |  

Huobi Global has partnered with BCB Group, to “better globalize” its offerings, according to a release. Huobi is a large digital asset firm based in Asia. BCB Group is a payment services provider that enables clients with European fiat the ability to send fiat to… Read More

January 18, 2021 @ 4:15 pm By JD Alois  |  

Konsentus, a firm that provides open banking identity and regulatory checking services to protect our customers and partners from the risk of fraud has acquired Open Banking Europe (OBE) S.A.S. from PRETA, according to a release. Details of the transaction were not provided. Open Banking… Read More

January 18, 2021 @ 3:09 pm By Samantha Hurst  |  

  Hiro, a UK-based insurtech startup, quickly secures £1.6 million through its equity crowdfunding campaign on Seedrs. The funding round, which originally sought to raise a minimum of £1.2 million, has so far attracted over 500 Seedrs investors.  As previously reported, Hiro describes itself as… Read More

January 18, 2021 @ 12:49 pm By Samantha Hurst  |  

  Perenna, a UK-based mortgage fintech startup, announced on Monday it secured $10 million through its Seed funding round, which included investments from Kevin Flaherty, the former head of structured products at Deutsche Bank, Tony Mallin MBE, managing partner of Star Capital. Founded in 2018,… Read More

January 18, 2021 @ 9:02 am By JD Alois  |  

Following a call for input on the consumer investment market that closed to comments last month, the UK Financial Conduct Authority has issued a report on how the regulator “works to protect consumers from investment harm” citing activity during the first 10 months of 2020…. Read More

January 18, 2021 @ 8:24 am By Omar Faridi  |  

UK-based digital bank Revolut notes that with the New Year comes new features. The challenger bank has launched a new desktop Web App that will allow customers to better manage their finances. In addition to the “handy” new desktop Web App, Revolut has introduced upgraded… Read More

January 17, 2021 @ 10:33 pm By Samantha Hurst  |  

  Karshare, a UK-based car-sharing startup, is set to close its equity crowdfunding campaign on Seedrs with more than £1.4 million secured. The funding round, which has attracted nearly 560 Seedrs investors, was launched last month, originally seeking £1 million. As previously reported, Karshare stated… Read More

January 17, 2021 @ 10:21 pm By Omar Faridi  |  

UK-based digital bank Starling claims that more consumers appear to be switching to its Fintech platform than “ever before.” As confirmed by review site Which?, Starling Bank has topped the chart for current account switches – which means that clients decided to part ways with… Read More

January 16, 2021 @ 6:04 pm By Omar Faridi  |  

With digital or neo banking gaining more users and popularity during the Coronavirus pandemic, the leading challenger banks in the US and Europe recently confirmed steady growth and adoption. Trading Platforms reveals that seven US or American challenger banks managed to record a combined user… Read More

January 15, 2021 @ 10:35 pm By Omar Faridi  |  

UK-based LendInvest, a property finance platform, has reportedly told its investors that it’s well-prepared to deal with new lockdown measures. This, after making upgrades to its business processes, risk mitigation efforts and various financial metrics during the lockdown enforced in March of last year. The… Read More

January 15, 2021 @ 11:30 am By Omar Faridi  |  

We recently caught up with Uma Rajah, CEO and Co-founder at CapitalRise, a UK-based prime property lending platform. CapitalRise is an investment platform that seeks quality over quantity with just 2% of deals being approved by the platform. Sophisticated or high net worth investors may… Read More

January 15, 2021 @ 10:28 am By JD Alois  |  

Pires Investments plc (AIM: PIRI) has completed an investment in DeTech Studios Limited that was announced in December. DeTech is a DeFi platform that will be issuing “YOP” tokens ( Yield Optimization Platform & Protocol). Pires receives 1,765 new ordinary shares in DeTech representing a… Read More

January 15, 2021 @ 8:18 am By Omar Faridi  |  

ShareIn, an Edinburgh based Fintech that powers online capital formation, will be providing a new crowdfunding product in response to growing demand from its clients, according to the company. This, as the white labelling platform begins to pivot away from its role of serving as… Read More

January 15, 2021 @ 8:06 am By Omar Faridi  |  

Ireland-based Linked Finance, a peer to peer lending platform, has reportedly received record levels of interest from SMEs that are looking for government-backed loans. After recently being approved to serve as a Coronavirus Credit Guarantee Scheme (CCGS) provider,  Linked Finance claims it has received a… Read More

January 14, 2021 @ 10:28 am By Samantha Hurst  |  

Bitstocks, a UK-based bitcoin market advisory and cryptocurrency investment firm, has successfully secured its initial £500,000 through its equity crowdfunding campaign on Crowdcube. Founded in 2014, the company stated that while it serves as an investment house for retail bitcoin investors, its core purpose and… Read More

January 14, 2021 @ 9:38 am By Samantha Hurst  |  

    Solivus, a UK-based startup that designs and creates solar products for the home and bespoke solar solutions for businesses, is set to close its equity crowdfunding campaign on Seedrs with £1.26 million secured. The funding round, which made its debut last month, originally sought to raise… Read More

January 14, 2021 @ 8:37 am By JD Alois  |  

Seedrs is out with a note this morning sharing that Senta has been acquired by Iris Software Group. Senta listed three securities offerings on Seedrs and investors may anticipate a decent return on their investment. Seedrs reports that this exit represents the largest percentage return… Read More

January 13, 2021 @ 8:02 am By Omar Faridi  |  

UK-based marketplace lender Growth Street revealed on Tuesday (January 12, 2020) that all of its platform investors would be getting their funds back, as the company continues to wind down its operations (while still being solvent).  Kim Goetzke, COO at Growth Street, noted that returning… Read More

January 12, 2021 @ 10:58 pm By JD Alois  |  

Securities offerings via crowdfunding platforms in the UK had a gangbuster year, according to a report. In total, £332 million was raised led by the two dominant platforms – Crowdcube and Seedrs – that hoover up over 90% of the offerings. A report by the… Read More

January 12, 2021 @ 1:29 pm By JD Alois  |  

Digital bank Revolut has announced a new service: Confirmation of Payee – available to over 3 million UK customers. The feature is part of Pay.UK’s anti-fraud initiative, according to a release. The feature has been enabled by its payments partner Modulr, one of the few… Read More