Tagged: united kingdom

UK Fintech Freetrade to Return to Crowdfunding on Crowdcube on May 14, 2020

  UK-based Freetrade, a Fintech firm that offers a free-to-use investment app that makes it simpler to invest, has revealed that it will again be seeking additional capital via crowdfunding, beginning on May 14, 2020. In 2019, The Freetrade community reportedly invested a record £1… Read More

The Cheeky Panda Closes Latest Seedrs Round With More Than £2.1 Million in Funding

The Cheeky Panda, a 100% ultra sustainable, low carbon, bamboo tissue product brand, officially closed its latest equity crowdfunding campaign on Seedrs with a total of £2,186,928 raised. The company launched the funding round last month and quickly doubled its initial £750,000 funding target.  Launched… Read More

Update: Fintech Mobile App Clim8’s Equity Crowdfunding Campaign Surpasses £1.1 Million During the Final Week on Crowdcube

Clim8, an App-based startup for sustainable investing, has now surpassed £1.1 million through its equity crowdfunding campaign on Crowdcube. The funding round, which is set to close next Thursday, has attracted over 1060 Crowdcube investors so far. The company is offering 24.88% in equity at… Read More

Crypto Data Insights Platform TokenAnalyst to Shut Down, Founders Join Coinbase

London-based TokenAnalyst, an enterprise-grade provider of data and tools to help users understand and access blockchains and trade digital assets, is reportedly planning to shut down its services. A few members of the TokenAnalyst team will be joining the San Francisco-based crypto exchange  Coinbase. Established… Read More

Overfunding: Intelligent Digital Workspace Ayoa Surpasses £1 Million in Funding Through Seedrs Campaign

Ayoa, an intelligent digital workspace for remote teams to manage meetings, build plans, and action tasks, has successfully secured its initial £1 million funding target through its equity crowdfunding campaign on Seedrs. The campaign, which launched last month, has attracted more than 430 Seedrs investors…. Read More

Starling Bank Approved as Bounce Back Loan Provider

Leading digital bank Starling Bank has been accredited as a Bounce Back Loan provider by the British Business Bank. The approval of Starling Bank was anticipated by the Fintech and the bank now joins the original list of traditional financial services firms providing the loans…. Read More

Tokenise Stock Exchange Now Open for Investors to Register: Seeks to Lead the Way for Digital Securities

The “Tokenise Stock Exchange“ has announced the launch of its new website and the registration of investors. The digital asset exchange says it expects to be up and trading digital securities shortly. While operating out of London, the Tokenise Stock Exchange is licensed in Barbados… Read More

UK Business Current Account CountingUp Secures £4 Million Through Bridge Round of Financing Led By ING Ventures

  Countingup, a UK-based business current account that automates accounting, announced on Thursday it raised £4 million in a bridge round of financing, which was led by ING Ventures with co-investment from Triple Point, CVentures and BiG Start Ventures. The company reported that in the… Read More

Digital Assets Fund of Funds Opens in UK

YRD Capital, a company that claims to be the world’s first fund of funds holding digital assets is now available in the UK.  In a note from the firm, the expansion into the UK follows the fund’s second investment in a UK based fund and… Read More

Payments Fintech Banked Raises £2.35 Million

Payments Fintech Banked has secured another £2.35million in seed funding as it moves out of beta, according to a company release. Banked has now raised £5.35 in total funding with the latest investment led by Force Over Mass, with participation from Backed, Acrew Capital and… Read More

Video Banking Services are Becoming Popular, Following COVID-19 Outbreak and Newly Adopted Social Distancing Measures

Video banking has become increasingly popular during the past few years. It’s quite possible that it will be adopted by even more consumers, due to the Coronavirus (COVID-19) outbreak, which has led to many people practicing social distancing. A recent report from research firm Retail… Read More

British Business Bank Adds New Lenders to CBILS Including Fintechs

The British Business Bank has announced nine new lenders for accredited under the Coronavirus Business Interruption Loan Scheme (CBILS), bringing the total number of CBILS lenders to over 60, according to a release. The new lenders include: Assetz Capital, Atom bank, Ebury, Fleximize, Investec, Social… Read More

IHS Market Acquires Singapore-based Regulatory Trade Reporting Firm, Catena Technologies

London-based IHS Markit, a global information provider established in 2016 with the merger of IHS Inc. and Markit Ltd., has acquired Catena Technologies, a Singapore-based regulatory trade reporting company. Financial terms of the acquisition have not been shared publicly. Founded in 2002, Catena served as… Read More

Update: The Cheeky Panda’s Latest Seedrs Round Surpasses £2 Million in Funding

The Cheeky Panda, a 100% ultra sustainable, low carbon, bamboo tissue product brand, has successfully secured more than £2 million through its latest equity crowdfunding campaign on Seedrs. The company launched the funding round last month less than two years after raising £521,314 through its… Read More

EstateGuru Opens £2 Million Crowdfunding Round on Seedrs, Quickly Tops Minimum Hurdle

EstateGuru, an online marketplace for loans secured by property, has quickly topped its minimum crowdfunding hurdle on Seedrs. EstateGuru set a minimum raise of €350,000 but as of today, the Fintech has raised over €483,000 from 548 individual investors. EstateGuru is hoping to raise €2… Read More

Touch-Free Shopping and Contactless Payments Increasingly Being Adopted by Consumers Due to COVID-19: Report

  Touch-free shopping and contactless payments are being increasingly adopted by consumers across the globe, in order to prevent the further spread of the deadly Coronavirus. Many consumers have been trying to avoid ATMs that require users to manually enter their PINs, according to a… Read More

Crowdfunding Platform For Women of Black Origin “BuildHer” Launches

  BuildHer, a UK-based crowdfunding platform for women of black origin, has officially launched its service. Founded in 2018, BuildHer claims it equips disadvantaged young women in Kenya with accredited construction skills, leading to greater financial prosperity, changing male attitudes, and promoting gender equality within… Read More

Fitness Subscription Content Website TV.Fit Now Seeking £1.4 Million Through Seedrs Equity Crowdfunding Round

TV.FIT, a UK-based fitness content subscription platform, is now seeking £1.4 million in funding through its equity crowdfunding campaign on Seedrs. TV.FIT describes itself as a flexible and at home health solution for all ages and levels, allowing people to workout in their most comfortable… Read More

Two-thirds of UK Financial Services Workers want Employers to Do More to Help them Adjust to Working Remotely from Home: Survey

As major financial institutions explore different strategies to cope with the COVID-19 crisis, a survey of UK financial services employees reveals that 66% think their company must do more to help them work productively from their homes. Large banks are currently trying to adapt to… Read More

Overfunding: Financial Product & Services Comparison Platform monva Surpasses £250,000 Funding Target on Crowdcube

monva, a UK-based intelligent comparison platform for financial products and services, has successfully secured its initial £250,000 equity crowdfunding target on Crowdcube. The funding round, which was launched last month, has attracted more than 370 Crowdcube investors. As previously reported, monva was founded in 2018… Read More

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