Tagged: united kingdom

August 21, 2020 @ 7:14 am By Samantha Hurst  |  

UK banking group NatWest announced on Thursday it is launching “Banking My Way” service, which will allow customers to request how they want to be served. NatWest reported that through the services, customers may make specific requests which could include requesting a quiet space when… Read More

August 20, 2020 @ 10:31 pm By Samantha Hurst  |  

Farmstand, a UK-based plant-powered cloud caterer, has successfully raised its £750,000 equity crowdfunding target through its Seedrs campaign. Founded in 2016, Farmstand stated it is on a mission to feed the world plants. The company wants to reinvent the way people eat in canteens and… Read More

August 20, 2020 @ 9:41 pm By Samantha Hurst  |  

Offr, a UK-based prop-tech platform digitizing the buying, selling and leasing process for real estate agents and buyers, today announced it has raised £2.7 million through its latest seed funding round, which was led by Barclays with participation from Delta Partners on behalf of Bank… Read More

August 20, 2020 @ 9:03 am By JD Alois  |  

  Crowdcube, the largest crowdfunding platform by volume in the UK that is also active in continental Europe, has announced a secondary offering platform labeled the Direct Community Offer (DCO). According to Crowdcube, the secondary trading platform seeks to “reward early investors with the opportunity… Read More

August 19, 2020 @ 4:20 pm By Samantha Hurst  |  

  Selina Finance, a UK-based online lender that provides secured home equity loans at competitive rates, announced on Wednesday it has relaunched its business loan proposition by doubling its maximum loan term to 10 years. This news comes less than a month after Selina Finance… Read More

August 19, 2020 @ 2:58 pm By Samantha Hurst  |  

Thalamos, a UK-based startup that creates digital enablers for mental health, has successfully secured its initial £250,000 equity crowdfunding target on Seedrs. Founded in 2018, Thalamos stated its mission is to empower health and social care professionals with technology to improve mental health outcomes. “From… Read More

August 19, 2020 @ 8:42 am By JD Alois  |  

UK based property finance platform LendInvest has introduced “Appetite Statements” for landlords seeking a pre-agreed financing offer for future projects. LendInvest explains that an Appetite Statement is a pre-agreed limit of what LendInvest would be willing to lend to the borrower based on defined parameters,… Read More

August 19, 2020 @ 8:11 am By JD Alois  |  

Peer to peer lender Assetz Capital has announced a partnership with Aros Kapital to assist with lending under the Coronavirus Business Interruption Loan Scheme (CBILS). Assetz Capital was approved for accreditation as a CBILS lender in May. Gustav Rocklinger, CEO at Aros Kapital Limited, stated:… Read More

August 19, 2020 @ 7:58 am By JD Alois  |  

Digital bank Revolut has launched a new feature called “Group Bills” described as a way to track, split and settle up expenses in a centralised place.  Group Bills seeks to make group expenses easier to manage. Rather than splitting one bill at a time, Group… Read More

August 19, 2020 @ 7:44 am By Omar Faridi  |  

The COVID-19 pandemic has “completely disrupted” young Americans’ financial stability, according to an update shared with Crowdfund Insider. The economic uncertainty due to the Coronavirus crisis has forced Millennials (people born around 1980 to 1996) to rethink or re-evaluate their retirement strategies, if they even… Read More

August 18, 2020 @ 6:41 pm By Omar Faridi  |  

UK-based StepChange, a leading debt advice charity, reportedly helps more than 600,000 consumers by offering free-of-cost, “impartial” debt advice every year. The company claims that it sees first hand how talking openly about money management problems can help people, which is why the team at… Read More

August 18, 2020 @ 2:57 pm By Samantha Hurst  |  

CatchApp, a smart productivity software designed to be the one-stop solution for the growing scheduling needs of professionals, SMEs, and Enterprise users, has successfully secured its initial £500,000 equity crowdfunding target on Crowdcube. Founded in 2016, CatchApp was notably created built to be the ultimate… Read More

August 18, 2020 @ 9:52 am By Omar Faridi  |  

UK Fintech and stealth bank Transferwise reveals how Alternative Airlines has reportedly saved more than £75K in just the past 9 months when using the firm’s money transfer services. The TransferWise team notes that Alternative Airlines has been recognized as one of the UK’s leading… Read More

August 18, 2020 @ 7:44 am By Omar Faridi  |  

Hammock, a neobank that has been introduced specifically for landlords, has acquired £1 million through a seed funding round from Ascension Ventures and Fuel Ventures. The capital raised by Hammock should help the bank with its upcoming launch of its current accounts – which should… Read More

August 17, 2020 @ 8:26 am By JD Alois  |  

THIS, a company producing plant-based meat alternatives, has closed its securities offering on Seedrs raising £4.476 million in just 2.5 days, according to the offering page. The crowdfunded securities offering is said to be the fastest ever to hit £1.5 million on Seedrs. Not only… Read More

August 17, 2020 @ 8:07 am By Samantha Hurst  |  

‘ UK-based digital banking group Starling Bank announced on Monday its latest survey reveals four in five (80%) UK SMEs are confident they will recover from the COVID-19 pandemic. The survey, which was conducted with the Great British Entrepreneur Awards (GBEA) was done on more… Read More

August 17, 2020 @ 7:50 am By Omar Faridi  |  

Cyberattacks against US-based financial industry firms increased by around 240% between February and April 2020, according to a new report. These attacks have become more prevalent after the global COVID-19 outbreak, as more individuals and businesses are using online services. Tom Kellerman, head of cybersecurity… Read More

August 17, 2020 @ 1:30 am By Adam Thatcher  |  

In recent years, equity (or investment-based) crowdfunding has been a popular alternative source of funding for early and later-stage companies. This is due to the increasing availability of capital and willingness of the general public to invest in innovative companies, the potential efficiency gains for… Read More

August 16, 2020 @ 10:12 pm By Samantha Hurst  |  

RemitRadar, a UK-based money transfer marketplace, is now seeking £400,000 through its recently launched equity crowdfunding campaign on Seedrs. Founded in 2014, RemitRadar describes itself as a money transfer marketplace aggregating major money transfer systems to provide consumers with a “​one-stop “​ money transfer and… Read More

August 16, 2020 @ 5:13 pm By Omar Faridi  |  

The Honeycomb Investment Trust (LON: HONY), which focuses on investing in credit assets originated by non-bank lending platforms, mainly in the UK, might be getting ready to make another offer to Pollen Street Secured Lending (PSSL), according to a public statement. PSSL’s board members had… Read More