Tagged: united kingdom

July 28, 2020 @ 8:04 am By Samantha Hurst  |  

Just a little over a year after raising £2,395,250 through its first Seedrs campaign, property crowdfunding platform CapitalRise has returned to the equity crowdfunding platform and has successfully raised nearly £1.7 million from more than 300 Seedrs investors so far. The funding round’s co-investor is the… Read More

July 28, 2020 @ 7:52 am By Omar Faridi  |  

Fintech lender and digital bank Zopa has provided rates for its fixed-term savings accounts and noted that current investors that express interest will get a chance to receive exclusive products. Zopa clarifies that these rates are available only to investors and not necessarily what will… Read More

July 28, 2020 @ 7:42 am By Omar Faridi  |  

Flex, a money management app, has been introduced in order to help people with solving their financial problems by effectively managing their finances. Flex’s money management service can be accessed by opening a new account within minutes, the company claims. There’s currently a free and… Read More

July 27, 2020 @ 11:51 pm By Omar Faridi  |  

The UK’s Fintech sector is the largest in Europe. It managed to secure $4.9 billion in total investments last year, across 359 different deals. There also appears to be some sort of consistent or coherent Fintech Sector Strategy for Saudi Arabia, and also a strategy… Read More

July 27, 2020 @ 1:03 pm By Samantha Hurst  |  

battleface, a UK-based insurtech, recently announced the launch of its COVID-19 travel insurance package. battleface reported that the new policy will give travelers the peace of mind they have been looking for to venture out safely, including to countries currently advised against traveling to by… Read More

July 27, 2020 @ 12:22 pm By JD Alois  |  

Seedrs has long been an innovator in the secondary market for crowdfunded securities. Today, the leading UK based crowdfunding platform is announcing variable pricing for its secondary market. Launched in 2017, Seedrs Secondary Market has continued to iterate and add new features and functionality. Of… Read More

July 27, 2020 @ 11:04 am By JD Alois  |  

The BCB Group, a digital asset firm, has launched BLINC – said to be one of the first real-time payments networks of its kind that allows free, real-time transactions across fiat and digital currencies. In January of 2020, BCB Group announced receipt of an Authorised… Read More

July 27, 2020 @ 9:05 am By JD Alois  |  

Landbay. a digital buy-to-let finance platform, has announced a partnership with an unnamed UK bank. According to a note from Landbay, the deposit-taking bank will fund mortgages originated by Landbay and then hold them on their balance sheet. Landbay states that this arrangement complements its… Read More

July 27, 2020 @ 8:53 am By Omar Faridi  |  

Investment in the United Kingdom’s Fintech industry reportedly slowed down by over a third during H1 2020, as many investors appear to be holding on to cash due to the economic uncertainty created by COVID-19. Despite the slowdown, investment levels still managed to gain 22%… Read More

July 26, 2020 @ 10:05 pm By Samantha Hurst  |  

Equipsme, a UK-based startup that is aiming to democratize health insurance by making it an affordable reality for businesses of all sizes, is set to close its equity crowdfunding campaign on Crowdcube with nearly £600,000 in funding from more than 440 Crowdcube investors. As previously… Read More

July 26, 2020 @ 8:00 pm By Omar Faridi  |  

  We recently caught up with Sky Guo, a founding member at the OMFIF Digital Monetary Institute, the global central banking think tank that assists policymakers with understanding central bank digital currencies (CBDCs). Guo, who’s also the founder of Cypherium, which focuses on enabling interoperability… Read More

July 25, 2020 @ 3:05 pm By Omar Faridi  |  

Peer to peer (P2P) lending platform managers have different predictions or expectations about how Innovative Finance ISA (IFISA) inflows will perform during this tax year in the United Kingdom. David Bradley-Ward, CEO at Ablrate, an asset-backed lending platform, claims that net inflows on the platform… Read More

July 24, 2020 @ 7:22 pm By Omar Faridi  |  

The latest Fintech platforms and peer to peer (P2P) lenders are creating new challenges for regulatory authorities, because they have to figure out how to develop appropriate rules and guidelines for new types of products and services. A report from Oliver Wyman, an International Banking… Read More

July 24, 2020 @ 6:04 pm By Omar Faridi  |  

London-based Selina Finance, an online lender that provides secured home equity loans at competitive rates, has secured £42 million in capital through a Series A funding round. The funding reportedly includes £12 million in equity from Picus Capital and Global Founders Capital and £30 million… Read More

July 24, 2020 @ 6:01 pm By JD Alois  |  

Digital bank Revolut has raised $80 million in additional capital. The new funding is said to be an extension of a $500 million round, at a $5.5 billion valuation, revealed last February – just in the nick of time as COVID set in causing many… Read More

July 24, 2020 @ 10:32 am By Samantha Hurst  |  

Gendius, a UK-based diabetes research company, has successfully raised 300,000 through its latest equity crowdfunding campaign on Crowdcube. The funding round comes less than a year after Gendius raised more than 500,000 through its first Crowdcube initiative. Along with the funding round success, Gendius also… Read More

July 24, 2020 @ 10:19 am By JD Alois  |  

BPC, a UK based payments provider, has partnered with Brazilian Desk, to offer Brazilian micro and small businesses digital financial services. BPC is a decades old firm providing digital solutions around the world. According to its website, BPC processed about USD $1 trillion during 2019…. Read More

July 24, 2020 @ 10:10 am By Samantha Hurst  |  

Nude, a home savings app, has successfully secured its initial £3.5 million equity crowdfunding target through its Seedrs campaign. The funding round was launched earlier this month and has attracted nearly 670 Seedrs investors. Founded in 2019, Nude describes itself as a savings account and… Read More

July 24, 2020 @ 9:03 am By Omar Faridi  |  

Quantexa, a platform that aims to prevent financial crime, has acquired $64.7 million in funding with support from financial giants HSBC and ABN Amro Ventures. Quantexa’s recent investment round was led by Evolution Equity Partners. Accenture Ventures,  AlbionVC, British Patient Capital, and Dawn Capital also… Read More

July 24, 2020 @ 8:20 am By Samantha Hurst  |  

Property investment platform CrowdProperty announced earlier this week it has lent £80 million to SME  developers – funding the development of 1,000+ homes worth over £170 million. This news comes just a little over a month after CrowdProperty surpassed £75 million in lending.  Founded in… Read More