Tagged: united kingdom

November 10, 2020 @ 8:26 am By Samantha Hurst  |  

Just a little over two years after raising £1,2 million through its equity crowdfunding campaign on Crowdcube, UK-based fintech Nebeus has launched a new funding round on Seedrs to raise a minimum of £400,000. As previously reported, Nebeus, which began trading in 2017,  reported it has… Read More

November 10, 2020 @ 7:02 am By Omar Faridi  |  

UK Chancellor Rishi Sunak updated the House (on November 9, 2020) regarding ongoing plans for the country’s financial services industry, which is one of the “most productive and innovative sectors.” Sunak believes that financial services will be essential to the UK’s economic recovery from the… Read More

November 9, 2020 @ 8:31 pm By Omar Faridi  |  

UK-based digital bank Starling is reportedly planning to secure £200 million (appr. $263 million) in additional capital in order to further expand its business operations. Starling Bank may consider launching an initial public offering (IPO) in the foreseeable future. Starling has hired Rothschild to focus… Read More

November 9, 2020 @ 3:14 pm By Samantha Hurst  |  

Equity crowdfunding platform Crowdcube announced on Friday one of its and Seedrs’ successes, Mindful Chef, has been acquired by multinational food and drink giant, Nestle.  The company was founded by school friends Robert Grieg-Gran, Giles Humphries and Myles Hopper. It describes itself as a young… Read More

November 9, 2020 @ 2:49 pm By Samantha Hurst  |  

Sugar, a UK-based financing platform that was created to provide capital to games and apps studios with growth ambitions, recently announced it secured £1.5 million through its pre-seed funding round, which was led by Passion Capital and included participation from Velo Partners as well as… Read More

November 9, 2020 @ 2:41 pm By Samantha Hurst  |  

  Mind Foundry, an Artificial Intelligence (AI) company that spun out of the University of Oxford’s Machine Learning Research Group (MLRG), announced on Monday it raised $13.6 million through its Series A funding round, which was led by  Aioi Nissay Dowa Insurance Co., Ltd. (ANDI) of the MS&AD… Read More

November 9, 2020 @ 11:13 am By Omar Faridi  |  

UK Chancellor Rishi Sunak is reportedly planning to overhaul or fundamentally change the nation’s listing regime in order to attract more tech firms to London, according to a recent report from Sky News. Sources familiar with the matter said that Sunak will be working on… Read More

November 9, 2020 @ 10:51 am By Samantha Hurst  |  

Sweep, a UK-based expense and travel management for SMEs, is now seeking £125,000 through its newly launched equity crowdfunding campaign on Seedrs. The launch of the funding round comes just after Sweep received a £456,000 Innovate UK funding grant. Founded in 2017, Sweep states it… Read More

November 9, 2020 @ 8:29 am By JD Alois  |  

Purple Dot, a payment platform for fashion merchandisers that enables consumers to offer to purchase a product at below the retail recommended price, has raised a £1.3 million seed round. The funding was led by Connect Ventures. Other investors participating in the round include AI… Read More

November 8, 2020 @ 10:21 pm By Samantha Hurst  |  

Phlo, a UK-based on-demand digital pharmacy, has successfully secured more than £1.9 million through its equity crowdfunding campaign on Crowdcube. The funding round, which has so far attracted more than 800 investors, made its debut last month, originally seeking £1.65 million. As previously reported, Phlo… Read More

November 8, 2020 @ 6:24 pm By Omar Faridi  |  

Funding Circle (LSE: FCH), an SME lender that facilitates loans in both the US and parts of Europe, has acquired £30 million in capital from British Business Investments. British Business Investments operates as a commercial subsidiary of the British Business Bank. Funding Circle plans to… Read More

November 8, 2020 @ 11:12 am By Omar Faridi  |  

Binance alum Fetch.ai, an established blockchain-focused AI firm launched by former DeepMind investors and developers, had introduced Mettalex, a “decentralized” crypto and commodities derivatives trading platform (back in August 2020). In a recent update, the Mettalex developers noted that as they get ready to officially… Read More

November 7, 2020 @ 11:09 am By Omar Faridi  |  

Finxact, an established “Core as a Service” banking solution provider, says it’s leading the transition in the US to a model of core banking that leverages the benefits of Cloud along with supporting the ability for banks to choose the best technology providers. According to… Read More

November 6, 2020 @ 10:22 pm By Samantha Hurst  |  

Coinrule, a UK-based meta trading platform, has raised more than £410,000 through its recently launched equity crowdfunding campaign on Seedrs. The funding round originally sought to raise £250,000 from nearly 440 Seedrs investors. Founded in 2018, Coinrule allows its users to set up rules-based cryptocurrency… Read More

November 6, 2020 @ 6:11 pm By Omar Faridi  |  

The developers of Aave, an open-source and non-custodial decentralized finance (DeFi) protocol for earning interest on digital asset deposits while also being able to borrow assets, have teamed up with Axie Infinity. Through the partnership, both organizations aim to bring you a “hot new collab”… Read More

November 6, 2020 @ 8:51 am By Samantha Hurst  |  

Paysend, a UK-based global payments platform, announced earlier this week it has reached the 2.5 million customer mark for its Global Transfers service. The company reached the 1.5 million mark in March, so 1 million customers have been welcomed during the COVID-19 pandemic. Founded in… Read More

November 5, 2020 @ 10:49 pm By Samantha Hurst  |  

Clim8, an App-based startup for sustainable investing, is set to close its latest equity crowdfunding round on Crowdcube with more than £1.65 million raised from nearly 1400 Crowdcube investors. The campaign launched last month originally seeking £400,000. As previously reported, Clim8 is looking to capitalize… Read More

November 5, 2020 @ 10:00 am By Lauren Descout  |  

The events of 2020 have caused many people to reassess how they manage their businesses. Treasurers were forced into an unprecedented situation where they had to manage cash and international payments from suppliers and customers at a time of significant uncertainty and instability – all… Read More

November 4, 2020 @ 9:31 pm By Omar Faridi  |  

Deutsche Börse has finalized a $15 million investment round in Clarity AI, which is a Spanish Fintech company that leverages Big Data and machine learning (ML) to help investors and traders understand the social impact of their investment portfolios. Established in 2017, Clarity AI has… Read More

November 4, 2020 @ 3:22 pm By Samantha Hurst  |  

BBVA announced on Wednesday it has teamed up with Amazon Web Services (AWS) and Bloomberg to developed a new cloud-based technology for the equity markets area of its Corporate and Investment Banking unit. BBVA reported that it has created BBVA C-fit, which is a platform built… Read More