Tagged: united kingdom

Technology-Led Entertainment Studio “The Cauldron” Now Seeking £325,000 Through Equity Crowdfunding Campaign on Seedrs

The Cauldron, a UK-based technology-led entertainment studio, is now seeking £325,000 through its recently launched equity crowdfunding campaign on Seedrs. Founded in 2017, The Cauldron, which originally began as a Kickstarter project to open what it claims to be the world’s first wizard pub in… Read More

Paysend Crosses the Atlantic to Setup Operations in America

Paysend, a UK based money transfer, and payments firm, has expanded its services into the US. According to a release, the company’s move into the US is being enabled by Paysend’s partnership with Central Payments, the payments subsidiary of Central Bank of Kansas City. Paysend… Read More

Digital Bank Starling Bank Offers Child Friendly Bank Account in Starling Kite

Starling Bank, a digital-only bank, has launched “Starling Kite” a child-friendly banking account that incorporates certain controls for parents and guardians. Starling Kite will be linked to an adult’s account to help track utilization while children aged between 6 to 16, will receive a banking… Read More

Update: Urban’s Equity Crowdfunding Campaign Raises More Than £5.57 Million During the Final Two Weeks on Seedrs

Urban, a UK-based wellness mobile for “busy people,” has raised more than £5.57 million through its equity crowdfunding campaign on Seedrs. The funding round, which is set to close in a little over a week, was launched last month originally seeking £2 million.  As previously… Read More

Chip Reports Strong Interest in Forthcoming Crowdcube Offering

Chip, a savings app, is reporting solid interest in its forthcoming securities offering on Crowdcube. Accordging to a release, Chip has seen approximately 25,000 individuals pre-register on the upcoming funding round. Chip says this investment interest follows a summer of record growth for the Fintech…. Read More

Online SME Lender Funding Circle Confirms BBLS and CBILS Loan Schemes Ending Soon, Explains How to Apply

Funding Circle (LSE: FCH), an SME lender that facilitates loans in both the US and parts of Europe, notes that the Bounce Back Loan Scheme (BBLS) will be ending in early November of this year. The BBLS has been provided via the British Business Bank… Read More

UK based P2P Lender RateSetter Wins Award for “Best Loan Provider,” After it Struggled to Maintain Operations and was Acquired by Metro Bank

RateSetter, a leading UK based peer to peer (P2P) lender that was recently acquired by Metro Bank, has confirmed that it won the award for “Best Loan Provider” for loans of £2,500 or more at the Consumer Credit Awards for 2020. The Consumer Credit Awards… Read More

FinecoBank Adds Fidelity International Funds 

FinecoBank has boosted its options regarding investment products by including funds from Fidelity International for UK clients. One of the largest banks in Italy, Fineco launched in the UK in 2017 entering the digital banking fray. During the past months, Fineco has continued to add… Read More

Klarna Debuts Social Shopping App in the UK

Payment processing platform Klarna announced on Monday the launch of its newly redesigned social shopping mobile app in the UK. According to Klarna, the app has been designed to meet the “shifting expectations” of consumers as they adapt from shopping in-store to online. “The app will… Read More

Overfunding: Sustainable Banking App Yayzy Quickly Surpasses £200,000 Funding Target Through Seedrs Crowdfunding Campaign

Yayzy, a UK-based sustainable banking app, has successfully secured its initial £200,000 funding target through its equity crowdfunding campaign on Seedrs. Founded in 2019, the Yayzy team has created technology that calculates carbon footprint using payment data and is helping individuals and customers at other… Read More

UK’s Digital Bank and Online Lender Zopa Begins Accepting Credit Card Applications

UK-based Zopa, a digital bank and online lender, has reportedly started accepting credit card applications, as it continues to expand its line of products and services. The company is offering a credit card with annual percentage rates starting from 9.9%, however, there’s a representative APR… Read More

UK’s Digital Challenger Starling Bank Joins Monzo by Introducing New Fees, as Fintechs Struggle to Offer Competitive Services

UK based digital challenger Starling Bank has reportedly joined digital bank Monzo by introducing several new fees for certain services related to its British pound or GBP and Euro bank accounts. As reported recently, Monzo announced two new fees for its customers. The Fintech startup… Read More

UK Fintech Modulr Reportedly Becomes First Non-bank or Building Society to Join Confirmation of Payee Service

Earlier this week, Modulr reportedly became the very first non-bank or building society to join the Confirmation of Payee service, which allows people to check whether the payment details they’ve provided for an individual or company match the details that are held by the recipient’s… Read More

Smart Bank Account App LONDCAP Now Seeking Funds on Seedrs

  LONDCAP, a UK-based “smart” bank account app with an artificial intelligence personal financial assistant Alice, is now seeking funds through its newly launched equity crowdfunding campaign on Seedrs. Founded earlier this year, LONDCAP aims to lend microloans to underbanked customers and enable credit card access… Read More

Update: Cashless & Contactless Tipping Platform TiPJAR Nears £575,000 in Funding During the Final Week on Crowdcube

TiPJAR, a UK-based cashless and contactless tipping platform, has raised nearly £575,000 through its equity crowdfunding campaign on Crowdcube. The funding round was launched last month, originally seeking £300,000, and has attracted more than 980 Crowdcube investors so far. As previously reported, TiPJAR’s platform was… Read More

Fintech 250 List from Leading Business Analytics Firm Features 32 Unicorns including Affirm, Coinbase, Robinhood, Among Many Other Multinationals

CB Insights, a private New York based firm with a business analytics platform and database that offers market intelligence on private companies and investor activities, recently published its Fintech 250 (2020), which is its annual ranking of what it considers the “top” private global Fintech… Read More

UK E-Commerce Platform Moteefe Raises $11 Million Through Series B Round Led By BGF

Moteefe, a UK-based e-commerce platform for on-demand production of merchandise, has reportedly secured $11 million through its Series B funding round, which was led by BGF. Founded in 2014 and launched in 2016, Moteefe describes itself as a global print-on-demand that enables entrepreneurs, brands, and… Read More

UK Fintech Zilch Secures $10 Million For Buy Now Pay Later Business

UK fintech Zilch announced on Thursday it secured $10 million through its latest funding round. Founded in 2018, Zilch offers a Buy Now Pay Later service that allows users to pay for a purchase in the course of six weeks without any fees or interest…. Read More

Crowdcube: Equity Crowdfunding Platform Saw £21 Million Raised, 27,000 Investments, & 16 Businesses Secure Funding in August 2020

Crowdcube, the largest crowdfunding platform by volume in the UK, reportedly saw some exception numbers of companies using its funding portal in August. Co-Founder and CMO of Crowdcube, Luke Lang, announced the platform saw £21 million raised, 27,000 investments, and 16 businesses secure funding during… Read More

Transferwise Introduces GBP & EUR Direct Debits

  Fintech Unicorn and stealth bank Transferwise announced on Tuesday it is now introducing GBP and EUR direct debits. Through the new feature, users may now set up Direct Debits to pay bills and subscriptions across Europe from their TransferWise account. “Whether you’re living in… Read More

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