Tagged: united kingdom

April 28, 2020 @ 4:26 pm By Omar Faridi  |  

UK-based ikigai, the developer of a wealth management and banking app, will be working with TruNarrative, a regulatory technology (Regtech) platform, in order to prepare for its official launch. The Wealthtech firm has taken its name from a Japanese concept or idea which means “a… Read More

April 28, 2020 @ 1:41 pm By Samantha Hurst  |  

  Saurus, a UK-based digital banking startup, has successfully secured its initial £650,000 equity crowdfunding target through its Seedrs campaign. The company is looking to aiming to launch its mobile app in the third quarter of 2020, Saurus states it is on a mission to… Read More

April 28, 2020 @ 10:10 am By JD Alois  |  

Christian Faes is the founder and Chairman of one of the most successful Fintechs in the UK. While there may be better-known names in the Fintech world, LendInvest, a property finance platform, has emerged as a leader not only in the sector of finance it… Read More

April 27, 2020 @ 4:08 pm By Samantha Hurst  |  

  Strowz, a UK-based investment portfolio platform, is preparing to launch its equity crowdfunding campaign on Seedrs. Founded in 2017, Strowz states it uses advanced technology to actively manage investment portfolios so users can get the best returns for their money. “In 2019, we made… Read More

April 27, 2020 @ 2:05 pm By Samantha Hurst  |  

LGB Corporate Finance, a UK fintech that provides capital markets and M&A advisory services to companies, entrepreneurs, and financial sponsors, announced on Monday it has arranged a £20 million Medium Term Note (MTN) program for Simply Asset Finance, a private equity-backed specialist asset finance provider…. Read More

April 27, 2020 @ 1:26 pm By JD Alois  |  

The UK government has announced a new loan program for smaller firms. The “Bounce Back Loans” are 100% backed by the government providing access to credit ranging from £2,000 to £50,000. The loans will be interest-free for the first 12 months, and businesses can apply… Read More

April 27, 2020 @ 1:01 pm By JD Alois  |  

  It is a wonder why people still drive to a bank branch just to wait in a queue when just about every type of financial transaction can be handled directly on your iPhone today. Habits can be hard to break – especially if you… Read More

April 27, 2020 @ 7:43 am By Omar Faridi  |  

UK-based Fintech firm Chip, which offers a smart savings app, has finalized the largest equity crowdfunding round in the country since the Coronavirus-related lockdown began. Chip has acquired £2.6 million from more than 4,000 investors. The company’s fundraising efforts have been facilitated through Crowdcube, a… Read More

April 26, 2020 @ 10:24 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, successfully secured its initial £1.75 funding target through its equity crowdfunding campaign on Seedrs.  As previously reported, Mr Lee’s claims to be a… Read More

April 26, 2020 @ 8:35 pm By Omar Faridi  |  

Michael Hoare, chief credit officer at UK-based RateSetter, a leading peer to peer (P2P) lender,  recently explained what impact the Coronavirus (COVID-19) pandemic could have on the lending market and what it might mean for credit risk. Hoare is tasked with overseeing the management of… Read More

April 26, 2020 @ 7:01 pm By JD Alois  |  

  The British Business Bank has announced multiple new lenders added to the Coronavirus Business Interruption Loan Scheme (CBILS). Today, the British Business Bank has revealed the approval of the Allied Irish Bank (GB)/AIB (NI), ThinCats, Paragon Bank and IGF. These four lenders will join… Read More

April 24, 2020 @ 10:18 pm By Samantha Hurst  |  

NatWest, Royal Bank of Scotland and Ulster Bank announced earlier this week the introduction of a new “companion card,” which is described as a supplement to their existing current accounts that will enable vulnerable customers and those in extended isolation to give trusted volunteers a… Read More

April 24, 2020 @ 5:20 pm By Samantha Hurst  |  

Ayoa, an intelligent digital workspace for remote teams to manage meetings, build plans, and action tasks, is now seeking to raise £1 million through its equity crowdfunding campaign on Seedrs. Launched in 2019, Ayoa claims to be the first all-in-one tool for idea generation, collaboration,… Read More

April 24, 2020 @ 1:43 pm By JD Alois  |  

  Seedrs is unique in the fact it has created a viable secondary marketplace for crowdfunded securities. While still rather small, where other platforms have struggled Seedrs has incorporated an effective trading platform that continues to iterate, evolve, and expand thus providing an element of… Read More

April 24, 2020 @ 12:09 pm By JD Alois  |  

While most asset classes have been pummeled by the COVID-19 virus, AxiaFunder‘s crowdfunding platform is providing access to a non-correlated investment class that is unique when it comes to online capital formation. Founded in 2019, AxiaFunder is the UK’s first for-profit litigation funding platform. Basically,… Read More

April 24, 2020 @ 9:49 am By Samantha Hurst  |  

Less than a year after raising £1,594,138 through its previous Seedrs round, The Cheeky Panda, a 100% ultra sustainable, low carbon, bamboo tissue product brand,  has returned to the equity crowdfunding platform and has already more than DOUBLED its £750,000 funding target prior to launching… Read More

April 24, 2020 @ 8:49 am By Omar Faridi  |  

Fintech firm Currencycloud has introduced a new API that offers SWIFT GPI tracking of international payments. Previously, the only entities providing cross-border transaction tracking services were banking institutions. Currencycloud aims to enter this market, and plans to make payment tracking as straightforward as tracking packages…. Read More

April 24, 2020 @ 1:07 am By Omar Faridi  |  

UK-based digital bank Monzo has been planning to enter the US market for a fairly long time. A beta launch in the US was announced in late 2019. The banking challenger, which has been valued at over $1 billion, has managed to almost double its… Read More

April 23, 2020 @ 10:49 am By Samantha Hurst  |  

UK-based digital lender Capital on Tap announced on Thursday it has joined forces with financial API provider TrueLayer to increase the speed of SME loan access. Capital on Tap reported that the integration will enable its customers to benefit from “open banking” by increasing underwriting… Read More

April 23, 2020 @ 8:01 am By Samantha Hurst  |  

Banking and finance industry organization UK Finance announced on Thursday that its latest data revealed more than £2.8 billion has been lent to SMEs so far through the Coronavirus Business Interruption Loan Scheme (CBILS). The organization reported that total lending under CBILS has doubled in… Read More