Tagged: united kingdom

June 24, 2020 @ 7:41 am By JD Alois  |  

LendInvest, a property finance marketplace, has introduced a range of updates to its Buy-to-Let product including several special offers available for a limited time.  In a release, LendInvest said it is now offering its two year fixed 75% LTV product at a rate of 3.49%,… Read More

June 23, 2020 @ 7:01 pm By JD Alois  |  

After an extensive regulatory journey, Zopa has been awarded a full bank  license as it transitions from a top online lender to a Fintech offering a growing portfolio of financial services. Zopa Bank will sit alongside its existing peer to peer business (Zopa Limited), as part… Read More

June 23, 2020 @ 7:56 am By Omar Faridi  |  

UK-based Landbay, a buy-to-let mortgage marketplace lender that provides various borrowing opportunities, has reportedly joined the Lender Exchange, in order to streamline its conveyancing process. Lender Exchange has been developed by Decision First. It aims to facilitate effective communication between lenders and solicitors. Lender Exchange’s… Read More

June 22, 2020 @ 5:48 pm By JD Alois  |  

  The clock is ticking for UK based digital asset, or crypto-asset firms operating in the UK to register with the Financial Conduct Authority (FCA). Applications must be submitted by June 30, 2020. In a statement earlier today by the FCA, the agency reminded the… Read More

June 22, 2020 @ 4:33 pm By Samantha Hurst  |  

Houst- a UK-based short-let management company, has successfully secured its initial £1.5 million through its latest equity crowdfunding campaign on Seedrs. The funding round has attracted more than 250 investors. Founded in 2015, Houst states it partners with homeowners, advertise their properties on platforms like… Read More

June 22, 2020 @ 3:58 pm By Omar Faridi  |  

Peer to peer (P2P) business lender ArchOver recently claimed that it has seen a significant increase in demand from retail investors as the platform prepares to begin lending again via its secured loan offering. According to its website, ArchOver has funded over £119 million for… Read More

June 22, 2020 @ 2:16 pm By Samantha Hurst  |  

Taina Technology, a UK-based regtech startup, announced on Monday it secured funding from Anthemis, Six FinTech Ventures, Tribeca ESP and Reciprocal Ventures through its latest investment round. Founded in 2016, Taina is on a mission to help financial institutions comply with their regulatory requirements whilst saving… Read More

June 22, 2020 @ 10:17 am By JD Alois  |  

Trustology has announced a partnership with GCEX, an OTC broker that is regulated by the Financial Conduct Authority (FCA). According to a release distributed by Trustology, the arrangement will enable a secure liquidity network with institutional-grade custody for digital asset trading. The targeted customers includes… Read More

June 22, 2020 @ 8:53 am By JD Alois  |  

The British Business Bank is committing £50 million through its Enterprise Capital Funds (ECF) program to a new fund: Epidarex Capital III UK LP. The fund, which totals £102 million, will invest in new life science companies from emerging research hubs across the UK. Epidarex… Read More

June 21, 2020 @ 10:15 pm By Samantha Hurst  |  

Muniy, a UK-based neobanking startup, has successfully secured its initial £200,000 equity crowdfunding target through its Crowdcube campaign. The funding round was launched earlier this month. As previously reported, Muniy describes itself as “banking for everyone.” The startup currently offers freemium and paid accounts with… Read More

June 20, 2020 @ 1:47 pm By Omar Faridi  |  

Blend Network, a peer to peer (P2P) property lender, has reportedly repaid £2.282 million to lenders who had made strategic investments in six different loans. These loans included the Charterhouse loan, the Image House loan, and the four Crown House loans. Lenders were able to… Read More

June 19, 2020 @ 10:27 am By Samantha Hurst  |  

Imagen, a UK-based biotech company, has successfully secured its initial £600,000 funding target through its equity crowdfunding campaign on Crowdcube. Founded in 2007, Imagen is on a mission to improve the outcomes of cancer patients by accelerating drug discovery and the development of new cancer… Read More

June 18, 2020 @ 11:25 pm By Omar Faridi  |  

Binance, the world’s largest cryptocurrency exchange that has successfully branched out into digital assets lending, staking, and many other initiatives, has joined the crypto-asset exchange committee at the Internet and Mobile Association of India (IAMAI), which is the leading trade body of digital businesses based… Read More

June 18, 2020 @ 10:08 pm By Samantha Hurst  |  

Open banking platform Nuapay announced on Wednesday it has formed a partnership with payment processing startup Felloh! to create a new solution that will enable consumers to donate to charities through an open banking process, with over 50% of beta testers finding it easier to… Read More

June 18, 2020 @ 10:26 am By JD Alois  |  

Thought Machine and Regtech TruNarrative have partnered to bring identity verification, risk monitoring, and cloud-native core banking to digital bank Atom bank, according to a post by the company. The partnership is described as enabling Atom to use the TruNarrative platform to conduct a suite… Read More

June 18, 2020 @ 9:30 am By Samantha Hurst  |  

Darqube, a UK-based all-in-one investing, analytics, automated trading, and secure messaging platform, has quickly secured its initial £300,000 equity crowdfunding campaign target on Seedrs. Founded in 2019, Darqube’s mission is to equip everyone, from novice to experienced investors, with the cutting-edge technology and insights they… Read More

June 18, 2020 @ 8:05 am By Omar Faridi  |  

Nick Catino, head of policy and campaigns (Americas) at Fintech firm TranserWise, recently discussed how the remittance rule affects the company’s pricing model. The Consumer Financial Protection Bureau, an agency of the US government responsible for consumer protection in the financial sector, has published the… Read More

June 17, 2020 @ 3:19 pm By Samantha Hurst  |  

LendInvest a UK-based marketplace for property financing, announced on Wednesday it has joined Sesame and PMS’s lender panel to ramp up distribution of its Buy-to-Let and Bridging products. According to LendInvest, the network and mortgage club’s member firms will now be able to register with… Read More

June 17, 2020 @ 11:07 am By JD Alois  |  

Top digital bank Monzo has raised £60 million in new funding at a significant decline in valuation reportedly a 40% haircut. A second tranche of funding may be forthcoming later this year. It was reported last month that Monzo was seeking up to £100 million… Read More

June 17, 2020 @ 10:27 am By JD Alois  |  

BPC, a payment solutions, has today announced that it will be joining Visa’s Fintech Fast Track Program as the preferred technology enablement partner for Visa. BPC has been around for quite some time (1996) providing solutions to both traditional and newer financial services firms. The… Read More