Tagged: united kingdom

Overfunding: Global B2B Sourcing & Information Platform Common Objective Quickly Surpasses £350,000 Crowdcube Funding Target

  Common Objective, a global B2B fashion sourcing and information platform, has successfully secured its initial £350,000 funding target through equity crowdfunding platform Crowdcube. Founded in 2016, Common Objective (CO) describes itself as an online platform that uses personalization and matching technology to connect buyers… Read More

gohenry, a Debit Card and Money Management App Provider for Kids, Reaches 1 Million Customers Globally

gohenry, the provider of a debit card and Fintech app with special parental controls for children between the ages of 6-18, has now surpassed the one million customer milestone. As noted in a release shared with Crowdfund Insider: “Following years of accelerated growth since its… Read More

Queen’s Awards for Enterprise 2020 Winners Announced

The UK Government has announced the 2020 winners of the Queen’s Awards for Enterprise in West of England. The award is given for outstanding achievement by UK businesses in the categories of: Innovation: invention, design or production of goods; performance of services; marketing and distribution;… Read More

Doubling in Size Since 2014, EstateGuru Plans Crowdfunding Round on Seedrs

EstateGuru is a peer to peer lender based in Estonia that has grown to over 46,000 investors from 106 countries originating more than €200 million in loans to date. The debt-based crowdfunding platform is now preparing to raise capital via Seedrs – and the offering… Read More

Dear Chancellor: Rangewell Demands More Transparency in CBILS in Open Letter Addressed to Rishi Sunak

Rangewell, a firm that works with UK SMEs and their advisors to help them find, compare, and apply for business finance, has published another 0pen letter directed to Chancellor of the Exchequer Rushi Sunik. Late last month, Rangewell published a different open letter addressing the… Read More

Fintech Curve Improves Feature Allowing Users to Migrate Charges to Different Cards

UK based Fintech Curve has updated a feature known as “Go-Back-In-Time.” The feature enables users to move charges from one card to another within a two-week window. Today, Curve is announcing the ability to switch payments made up to 3 months ago. Curve says this… Read More

UK Fintech GoCardless Launches First Payment Intelligence Product “Success+” to Help Businesses With Failed Payments Issues

UK-based payments platform GoCardless announced on Wednesday it has launched its first payment intelligence product, Success+ to help businesses tackle the problems caused by failed payments. According to GoCardless, Success+ uses machine learning to analyze trends from GoCardless’ recurring payments data and identify the ideal time… Read More

French Fintech PayFit Udpates HR and Payroll Platform to Allow UK Businesses to Determine Furlough Pay During Coronavirus Pandemic

France-based Fintech firm PayFit has upgraded its HR and payroll platform to allow UK companies to determine furlough and sick pay during the Coronavirus (COVID-19) crisis. The updates to PayFit’s human resources software will give PayFit users the option to submit Coronavirus-related leave requests. The… Read More

COVID-19 Relief: Digital Charity Donations to be Supported in the UK by New Company, For Good Causes

UK-based company, For Good Causes, has officially launched its services, which allow people to convert their loyalty points and rewards into a digital charity donation. UK-based charity organizations have begun to experience a significant increase in the demand for their services, following the deadly Coronavirus… Read More

PensionBee’s Clare Reilly Says UK Residents have “Very Low Levels” of Financial Literacy, May Pay More Attention as Pension Savings Tank After COVID-19 Outbreak

Clare Reilly, head of corporate development at PensionBee, a London-based personal finance company, has noted that the present economic challenges and conditions could lead to individuals paying more attention to their retirement and pension plans. There’s been a significant decline in the amount saved in… Read More

Barlcays Opens CLBILS to Support Large Corporate Banking Clients Impacted By COVID-19 in the UK

Barclays announced on Monday it has opened up the Coronavirus Large Business Interruption Loan Scheme (CBILS) to help large corporate banking clients that are impacted by the COVID-19 pandemic. Barclays reported that through the program, which is backed by a UK Government guarantee, it will… Read More

Foodtech Mr Lee’s Pure Foods Now Seeking £1.75 Million Through Seedrs Equity Crowdfunding Round

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 seeking £1.75 million through its equity crowdfunding round on Seedrs. Founded in 2015, Mr Lee’s claims to be a “real… Read More

UK Property Market May See a Double-Digit Rate of Property Value Decline: Report

Peer to peer lender Sourced Capital is out with a release claiming the UK property market could experience a double-digit rate of decline for property values.  A recovery may take up to 5 years, according to the report. The company says the once-hot market has… Read More

UK Government Adds COVID-19 Program to Support Early Stage Ventures. Is it Enough?

In a widely anticipated move, HM Treasury announced a new package of bailout programs for early-stage ventures that did not qualify for programs initially set into place to support the COVID-19 battered economy. There have been profound concerns that younger, entrepreneurial firms that require ongoing… Read More

Mobile Tech Platform Thyngs Joins Forces With Fidel to Increase Gift Aid Donations

Thyngs, a UK-based mobile technology platform, announced on Friday it has joined announced on Friday it was teamed up with card-linking API provider Fidel to allow charities to earn more funding through Gift Aid donations. According to Thyngs, the new partnership is aiming to make… Read More

Overfunding: Property Investing Marketplace Propetly Surpasses £225,000 Funding Target Through Seedrs Round

Propetly, a UK-based property investing marketplace,  has successfully secured its initial £225,000 funding target through its equity crowdfunding campaign on Seedrs. As previously reported, Propetly describes itself as a marketplace that allows property investors to find, evaluate and calculate their complete investment project. All projects… Read More

Financial Fraud Detection Firm TruNarrative Partners AccountScore, an Analytics Firm, to Add Open Banking Capabilities

TruNarrative, a solution for financial fraud detection, prevention, anti-money laundering (AML), know-your-customer (KYC), behavioral monitoring and identity verification, has teamed up with AccountScore, a London-based analytics firm offering actionable insights and analytics on banking processes. The partnership involves adding open banking capabilities to the TruNarrative… Read More

Insurtech: Sprout.ai, an Insurance Technology Firm that Uses AI and Natural Language Processing, Secures $2.5 Million in Capital

UK-based Sprout.ai, an insurance technology (Insurtech) firm previously called BlockClaim, has secured $2.5 million in capital through its second seed round, which was led by Amadeus Capital Partners. Existing investors Playfair Capital and Techstars also took part in Sprout’s latest investment round. The London-headquartered firm… Read More

New Smart Money App Snoop to Help Consumers Better Manage their Finances During Coronavirus Crisis

Smart money app Snoop is launching its services, which aim to assist consumers with better managing their finances during the Coronavirus (COVID-19) crisis. Established by Jayne-Anne Gadhia, a former executive at digital bank Virgin Money, the Snoop Fintech app leverages Open Banking standards and technology,… Read More

Regtech: AxiomSL, a Regulatory Reporting and Risk Management Firm, Releases New SFTR Software

AxiomSL, an established provider of regulatory reporting and risk management software, has introduced a regime agnostic offering for SFTR (Securities Financing Transactions Regulation). As noted in a release, SFTR provides counterparties with a reliable process for adhering to international reporting obligations. Customers were required to… Read More

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