Tagged: united kingdom

September 15, 2020 @ 12:28 pm By Samantha Hurst  |  

Airwallex, an Australia-based fintech company, announced on Tuesday it has launched its card payment acceptance solution in the UK and Europe. Airwallex claims that the solution allows merchants to accept card payments around the world seamlessly and securely. The launch is notably a key part… Read More

September 15, 2020 @ 8:38 am By JD Alois  |  

Capco has partnered up with Inbotiqa, an alumnus of the Barclays TechStars Accelerator, Fintech focused program. The agreement focuses on Inbotiqa’s YUDOmail product and analytics tool for back office and operations teams. Capco is a technology and management consultancy dedicated to the financial services industry. Inbotiqa… Read More

September 14, 2020 @ 6:40 pm By Omar Faridi  |  

UK-based Minted, a Shariah-compliant platform for trading gold, is planning to launch its services this month. Gold has served as a safe haven asset during times of economic uncertainty, but mostly wealthy people have invested in the precious metal. Minted aims to change this trend… Read More

September 14, 2020 @ 11:15 am By Samantha Hurst  |  

KodyPay, a UK-based mobile point of sale app and payment aggregator, announced on Monday it raised £1.8 million through its latest seed funding round. Founded in 2018, KodyPay describes itself as a new mobile point of sale platform and payment aggregator, enabling businesses to perform… Read More

September 14, 2020 @ 8:57 am By JD Alois  |  

Savings App Chip is says it raised £10.7 million in under 48 hours as part of a Future Fund round hosted on Crowdcube. A total of £2 million was raised in under 10 minutes and £4 million in under an hour. The Future Fund is… Read More

September 14, 2020 @ 8:06 am By JD Alois  |  

Nesta has launched a £2.8 million Rapid Recovery Challenge to encourage Fintechs, among other entities, to come up with solutions to help workers impacted by COVID-19. Nesta is encouraging Fintechs to participate in the challenge where individual firms may win up to £475,000 plus other… Read More

September 13, 2020 @ 10:46 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, is now set to close its equity crowdfunding round on Crowdcube with more than £700,000 raised from nearly 500 Crowdcube investors. The funding… Read More

September 13, 2020 @ 10:27 pm By Samantha Hurst  |  

People Matter., the creator of the mental wellness companion mobile app, has successfully secured its initial £300,000 funding target through its equity crowdfunding campaign on Seedrs.  Founded in 2018, People Matter. states that it exists to “empower and protect” people at work from the negative impact… Read More

September 13, 2020 @ 9:03 pm By Omar Faridi  |  

Myles Stephenson, the CEO at UK-based Fintech firm Modulr, says he’s pleased to announce that the financial service provider has become a principal issuing member of Mastercard. As explained by the company, this means that their products are “further embedded” in key financial infrastructure and… Read More

September 12, 2020 @ 2:29 pm By Omar Faridi  |  

UK-based Folk2Folk, a peer to peer lender supporting local and rural businesses, has confirmed that it’s still confident that it will be approved to begin lending under the country’s Coronavirus Business Interruption Loan Scheme (CBILS), even though the application deadline will come at the end… Read More

September 11, 2020 @ 7:51 am By Omar Faridi  |  

Hungarian firm PeasyPay has launched a biometric digital payment system that uses facial and palm recognition to verify customers’ IDs and settle transactions. The Fintech company stated that it will be introducing its biometrics-enabled point-of-sale payments technology in Spain and the UK. Consumers can download… Read More

September 10, 2020 @ 4:33 pm By Samantha Hurst  |  

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

September 9, 2020 @ 10:52 am By JD Alois  |  

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

September 9, 2020 @ 7:53 am By JD Alois  |  

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

September 8, 2020 @ 4:20 pm By Samantha Hurst  |  

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

September 8, 2020 @ 10:56 am By JD Alois  |  

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

September 7, 2020 @ 10:45 pm By Omar Faridi  |  

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

September 7, 2020 @ 1:25 pm By Omar Faridi  |  

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

September 7, 2020 @ 10:12 am By JD Alois  |  

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

September 7, 2020 @ 8:01 am By Samantha Hurst  |  

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