Tagged: united kingdom

May 6, 2020 @ 1:06 am By Omar Faridi  |  

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

May 5, 2020 @ 3:06 pm By Samantha Hurst  |  

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

May 5, 2020 @ 12:48 pm By JD Alois  |  

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

May 5, 2020 @ 7:56 am By Omar Faridi  |  

  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

May 4, 2020 @ 10:10 pm By Samantha Hurst  |  

  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

May 4, 2020 @ 4:09 pm By Samantha Hurst  |  

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

May 4, 2020 @ 10:02 am By Omar Faridi  |  

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

May 4, 2020 @ 8:50 am By Samantha Hurst  |  

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

May 4, 2020 @ 8:19 am By JD Alois  |  

Bounce Back Loans, the new COVID-19 support programming targeting the smallest of firms is open for applications today with funds expected to be distributed within days. Information on the program is available now on the British Business Bank website. Also included on the British Business… Read More

May 4, 2020 @ 8:00 am By JD Alois  |  

Digital asset OTC broker, Digital RFQ (DRFQ) has selected Koine to act as custodian for its first commodity financing token, PGX. PGX, or PhiGold token, was launched in partnership with Atom Asset Exchange (AAX). The digital asset is a commodity financing token based on gold… Read More

May 3, 2020 @ 11:18 pm By Samantha Hurst  |  

Medic Bleep, a UK-based secure and real-time medical communication solution, is set to close its equity crowdfunding campaign on Crowdcube later this week with nearly £700,000 in funding secured from more than 790 investors.  As previously reported, Medic Bleep is described as a secure and… Read More

May 3, 2020 @ 8:40 am By Omar Faridi  |  

The Coronavirus (COVID-19) outbreak has dramatically affected cash transactions in the United Kingdom, as ATM withdrawals dropped by 60% during the lockdown period. Approximately 75% of UK residents confirmed that they’re not handling physical currency notes nearly as much as they were before the ongoing… Read More

May 2, 2020 @ 5:06 pm By Omar Faridi  |  

A recent study published by VC firm, MMC Ventures, reveals that the United Kingdom’s blockchain or distributed ledger technology (DLT)-focused companies are increasingly turning to traditional fundraising options and strategies. The study confirmed that the initial coin offerings (ICO) model for securing capital has become… Read More

May 2, 2020 @ 12:58 pm By Omar Faridi  |  

Digital bank Monzo has made more personnel changes, as it continues to strengthen its executive team. Sujata Bhatia, a former SVP and general manager, Europe at Global Merchant Services at American Express, will be serving as Monzo’s new chief operating officer. Bhatia will be replacing… Read More

May 2, 2020 @ 12:30 pm By Omar Faridi  |  

UK-based Yapily, an established enterprise connectivity platform, has confirmed that it will be teaming up with Fintech firm Ordo, in order to launch a new payments service. The payments platform was officially launched last month. It allows users to issue invoices in a  simple, quick… Read More

May 2, 2020 @ 11:28 am By Omar Faridi  |  

UK-based Fintech firm Flagstone, a developer of one of the largest cash deposit marketplaces in the country, has secured $15 million (appr. £12 million) in venture capital through a funding round led by OMERS Ventures. Existing investors Kindred Capital and Moneysupermarket Group plc also took… Read More

May 1, 2020 @ 12:39 pm By Samantha Hurst  |  

Digital banking group Monese recently announced its users may now log into their Monese accounts from their desktop with the new Monese for Web services. Monese reported that it designed the web version of its banking services to provide users with more tools and “better”… Read More

May 1, 2020 @ 12:07 pm By JD Alois  |  

Innovate Finance, the top Fintech advocacy group in the UK, has appointed Mike Carter as Head of Platform Lending to lead 36H Group. “I’m delighted to be appointed to this new role to promote the platform lending sector. To date, the sector has delivered steady… Read More

May 1, 2020 @ 10:33 am By Samantha Hurst  |  

Spain-based Banco Santander (Santander Group), a multinational commercial bank and financial services company, announced this week it has completed its purchase of a 50.1% stake in Ebury, a UK-based Fintech firm that offers corporate banking services to small and medium-sized enterprises (SMEs) that trade internationally,… Read More

May 1, 2020 @ 10:13 am By Samantha Hurst  |  

Swipe, a UK-based multi-asset digital wallet and Visa debit card platform designed to let users buy, sell and spend their cryptocurrencies, announced on Friday that Swipe Android users can now add their Swipe Visa Debit cards directly to their Samsung Pay Wallets. Founded in 2018,… Read More