Tagged: united kingdom

June 2, 2020 @ 7:49 am By Samantha Hurst  |  

Rapyd, a global B2B Fintech as a Service provider, announced on Tuesday the launch of its new single, “full-stack,” payment solution in the UK. According to Rapyd, the solution allows businesses locally and globally to access every major local payment method, such as cash, bank… Read More

June 2, 2020 @ 7:47 am By Omar Faridi  |  

UK-based Longevity Card, a Fintech company that aims to introduce a new and better way to help users manage their finances while leading a healthy lifestyle via an easy-to-use app, recently revealed that it has received private investments from a Switzerland-based branch of Deep Knowledge… Read More

June 2, 2020 @ 7:43 am By JD Alois  |  

LendInvest, a top Fintech providing property finance in the UK, has updated its bridge financing product suite with higher LTVs [loan to value] of up to 75% as the UK’s national lockdown eases.  In a release, LendInvest said residential bridging rates are starting at 0.55%… Read More

June 1, 2020 @ 2:03 pm By Samantha Hurst  |  

BeQuant, a UK-based retail and institutional multi-exchange trading platform, announced on Monday it has formed a partnership with cryptocurrency platform to launch its prime brokerage platform. Founded in 2007, BeQuant reported that its products include prime brokerage, custody, fund administration enhanced by an institutional trading… Read More

June 1, 2020 @ 1:51 pm By JD Alois  |  

Funding Circle (LSE:FCH) Global Chief Risk Officer Jerome Le Luel has posted on update on the impact of the COVID-19 pandemic on platform operations. Le Luel said that while the full economic impact of the virus remains unknown and it is too early to predict… Read More

June 1, 2020 @ 12:32 pm By Samantha Hurst  |  

Less than four years after raising £1,765,482 through its widely popular Seedrs campaign, UK-based West Berkshire Brewery has returned to the equity crowdfunding platform with a mission to raise a minimum £750,000 in funding. The brewery is now offering 9.35% in equity, at a £7,271,000… Read More

June 1, 2020 @ 9:30 am By Helga Kaminski  |  

The last few years have seen a revolution in how business thinks about itself. A business doesn’t just serve its shareholders, it serves a community. It has responsibilities to its employees and its customers but also its suppliers and even the environment. Recent events have… Read More

May 31, 2020 @ 11:30 pm By Omar Faridi  |  

Digital or neobanks are increasingly being used by consumers of all age groups for managing finances, and completing transactions. Despite the COVID-19 outbreak and resulting economic problems, digital bank Starling Bank recently secured £40 million in capital. Challenger banks aim to offer better services compared… Read More

May 31, 2020 @ 10:54 pm By Samantha Hurst  |  

UK-based television network brand True Royalty Television has raised more than £2 million through its equity crowdfunding campaign on Crowdcube. The funding round launched earlier this month and quickly surpassed its initial £1 million funding target. It has attracted over 330 Crowdcube investors. As previously… Read More

May 31, 2020 @ 10:41 pm By Samantha Hurst  |  

Less than one year after raising £859,787 on Seedrs, UK-based renewable energy platform Ripple has returned to the equity crowdfunding platform and has already surpassed its initial £250,000 funding target. As previously reported, Ripple was founded in 2017 and its vision is to create a renewable… Read More

May 31, 2020 @ 5:32 pm By Omar Faridi  |  

London-based SatoshiPay, a Fintech firm that aims to provide fast and affordable payment solutions, has teamed up with the San Francisco-headquartered Stellar Development Foundation (SDF). According to a release, SatoshiPay has received a $550,000 investment from SDF’s Enterprise Fund. The funds will be used to… Read More

May 30, 2020 @ 10:34 pm By Omar Faridi  |  

UK-based Fintech TransferWise recently allowed users to set up direct debits in Australian dollars (AUD), in order to settle bills and pay for subscriptions across Australia – which can now be done directly from users’ TransferWise accounts. As confirmed by the money transfer service provider,… Read More

May 30, 2020 @ 7:30 pm By Omar Faridi  |  

UK-based RateSetter, a peer to peer (P2P) lender, notes that its Provision Fund has been designed to assist investors with managing credit risk and to simplify the investment process. As explained by Jonathan Hodge, the chief operating officer at RateSetter, the Provision Fund aims to… Read More

May 30, 2020 @ 1:04 am By Omar Faridi  |  

CoinShares, a crypto asset management company that provides financial products and services for professional investors, has launched the CoinShares Gold and Crypto assets Index (CGCI). The CGCI is reportedly the first EU Benchmark Regulations (EU BMR) compliant index for the digital asset sector that combines… Read More

May 29, 2020 @ 7:57 pm By Omar Faridi  |  

San Francisco-based cryptocurrency exchange Coinbase is focused on providing more ways for users to earn financial rewards by simply holding digital assets. Coinbase recently introduced Tezos (XTZ) staking rewards for its US-based customers. The exchange will now be offering this option to its UK clients… Read More

May 29, 2020 @ 3:17 pm By Samantha Hurst  |  

  Standard Chartered, a UK-based multinational banking and financial services company with $688 billion in assets, announced earlier this week it completed its first-ever sustainable use of proceeds subscription finance facility. According to Standard Chartered, funds will be drawn by the manager and will be… Read More

May 29, 2020 @ 2:26 pm By Samantha Hurst  |  

Atterley.com, a UK-based marketplace for independent fashion retailers, has successfully secured its initial £400,000 funding target through its equity crowdfunding campaign on Crowdcube. As previously reported, Atterley.com’s mission is to bring together discerning fashion consumers, and the inventory fo the “best” boutiques and independents around… Read More

May 29, 2020 @ 8:47 am By JD Alois  |  

Digital bank Starling bank has raised £40 million from existing investors according to a note from the Fintech. Starling said the funding was led by JTC and Merian Chrysalis Investment Company Limited. Anne Boden, founder and chief executive of Starling Bank, commented on the news: “This… Read More

May 29, 2020 @ 8:17 am By Omar Faridi  |  

Nimbla, an invoice insurance provider, has partnered with Wiserfunding, a credit risk assessment platform that uses AI tools to evaluate business risk profiles. Nimbla and Wiserfunding have teamed up after the launch of a Fintech taskforce by industry trade body, Innovate Finance, in March 2020…. Read More

May 29, 2020 @ 7:41 am By Omar Faridi  |  

Charlotte Marsh, managing director at ArchOver, a peer-to-peer (P2P) lending platform supporting SMEs business borrowing, has argued that the COVID-19 outbreak can be viewed as a key opportunity for P2P lenders to provide long-term funding to businesses struggling to cope with the economic challenges created… Read More