Tagged: united kingdom

May 24, 2020 @ 10:39 pm By Samantha Hurst  |  

Zapaygo Investments, a UK-based ordering and payment mobile app, has not only secured its initial 250,000 funding target, but it is also now nearing £515,000 through its equity crowdfunding campaign on Crowdcube. Founded in 2015, Zapaygo describes itself a smartphone application that allows users to… Read More

May 24, 2020 @ 10:17 pm By Samantha Hurst  |  

Mr Lee’s Pure Foods, a UK-based foodtech that is creating premium health noodles-in-a-cup and soon to be launched instant Congee Asian rice porridges, is now set to close its equity crowdfunding round on Seedrs with more than £1.8 in funding secured. The funding round launched in… Read More

May 23, 2020 @ 4:24 pm By Omar Faridi  |  

The global economy has slowed down considerably during the past few months due to COVID-19. Many businesses and industries have been negatively affected, including financial services providers. The pandemic has destabilized private capital markets. Investments in new initiatives and early-stage companies have decreased significantly. During… Read More

May 23, 2020 @ 1:18 pm By Omar Faridi  |  

Fintech firm Credit Kudos, the “challenger credit bureau,” has teamed up with Big Four auditing firm PricewaterhouseCoopers (PwC), in order to launch a digital banking “ecosystem sandbox.” Credit Kudos is regulated by the UK’s Financial Conduct Authority (FCA). It aims to provide a different and… Read More

May 22, 2020 @ 12:17 pm By JD Alois  |  

SyndicateRoom, previously an investor-led investment crowdfunding platform and now more of an early-stage fund, says April was a record month. According to an email distributed by SyndicateRoom CEO Graham Schwikkard nine startups completed their funding rounds during the lockdown. Reportedly, Kluster, Thermulon, Lumi-Plugin, Note Taking… Read More

May 22, 2020 @ 12:00 pm By Samantha Hurst  |  

Less than a year after raising £839,958 through its previous Seedrs funding round, Wales-based hydrogen-electric car company Riversimple has returned to the equity crowdfunding platform and already surpassed its initial £200,000 funding target. As previously reported, Riversimple has designed a new car called the Rasa,… Read More

May 22, 2020 @ 9:34 am By Omar Faridi  |  

UK-based financial services firm, ITI Capital, has introduced a digital wealth management solution for investors, which should help them better manage their finances, following the COVID-19 outbreak. ITI Capital said that its wealth management platform will provide detailed insights to users about their finances and… Read More

May 22, 2020 @ 9:07 am By Samantha Hurst  |  

UK-based digital banking solution goHenry has reportedly unveiled a new biodegradable debit card specifically for children. As previously reported, goHenry’s financial services, which is a debit card and app, is geared for the digital generation of kids and teens. The service allows parents to be able to… Read More

May 21, 2020 @ 1:01 pm By Samantha Hurst  |  

Standard Chartered, a UK-based multinational banking and financial services company with $688 billion in assets, recently announced its sustainable deposit product has surpassed the $2 billion mark. The milestone also includes a significant deposit from the French integrated electricity company, EDF. Standard Chartered claims that… Read More

May 21, 2020 @ 9:41 am By Samantha Hurst  |  

Future Planet Capital, a UK and Cayman Islands-based global venture capital and impact platform, is now seeking £1.4 million through its equity crowdfunding campaign on Seedrs. Founded in 2017, Future Planet Capital claims to be the world’s foremost global innovation investment platform. The company has… Read More

May 21, 2020 @ 8:18 am By JD Alois  |  

Folk2Folk, a peer to peer lender that provides access to credit in local communities, says it paid out over £11.3 million in gross interest payments to investors during the financial year 2019. The company says 2019 was its biggest pay-out to date. The average fixed… Read More

May 21, 2020 @ 7:58 am By Samantha Hurst  |  

  Common Objective, a global B2B fashion sourcing and information platform, is set to close its equity crowdfunding platform Crowdcube with nearly £400,000 secured. The funding round was launched last month and has already attracted more than 300 Crowdcube investors. As previously reported Common Objective… Read More

May 21, 2020 @ 3:00 am By Barry James  |  

Some people in government here are talking as if the crisis is over, and that they’ve done all they can for businesses. There are worrying signs that the initial good intentions are fading and that the temptation to manage the numbers and the messages rather… Read More

May 20, 2020 @ 11:01 pm By JD Alois  |  

Monzo founder Tom Blomfield has exited the CEO role at the digital bank and will now become President of the company according to multiple reports. The current US CEO TS Anil is said to become the new “UK Bank CEO” according to Techcrunch. Anil is… Read More

May 20, 2020 @ 1:58 pm By Samantha Hurst  |  

BBVA announced on Wednesday it has teamed up with fintech FinIQ to launch of BBVA epricer, a website for its equities and credit-linked structured products. According to BBVA, BBVA epricer is designed to help professionals structure and obtain prices for equity and credit-linked investment products… Read More

May 20, 2020 @ 11:55 am By JD Alois  |  

Long-anticipated, the Future Fund opens for applications today. The Future Fund will remain open until September and is delivered in partnership with the British Business Bank. The Future Fund was revealed in April by Chancellor of the Exchequer Rishi Sunak as part of a package… Read More

May 20, 2020 @ 11:09 am By JD Alois  |  

iwoca, a European alternative lender for small businesses, has been accreditated by the British Business Bank under the Coronavirus Business Interruption Loan Scheme (CBILS). iwoca says that existing customers impacted by COVID-19 will be able to apply this week, followed gradually by new customers. The… Read More

May 20, 2020 @ 10:31 am By JD Alois  |  

EstateGuru, a European lending marketplace, has topped €630,377 in a securities offering on Seedrs. Launched at the beginning of this month, EstateGuru set a minimum hurdle of €350,000 but quickly surpassed that goal. EstateGuru is seeking a maximum of €2 million on Seedrs as part… Read More

May 20, 2020 @ 9:10 am By JD Alois  |  

Digital Bank Revolut has integrated with Clear Books the cloud-based accounting system. The feature will enable Revolut’s more than 400,000 business accounts to seamlessly view and manage reports and track expenses and bills. Clear Books will now sit alongside Xero, Slack, FreeAgent, Zapier and other… Read More

May 19, 2020 @ 3:57 pm By Samantha Hurst  |  

Tech Will Save Us, an edtech startup that provides hybrid online and offline learning experiences for kids, has raised more than £440,000 through its equity crowdfunding campaign on Seedrs. The funding round, which has attracted over 200 Seedrs investors, was launched last month originally seeking… Read More