Tagged: united kingdom

March 3, 2020 @ 8:39 am By Samantha Hurst  |  

Zego, a UK-based insurtech, announced on Tuesday it was granted its insurance broker license in France. Founded in 2016, Zego states it provides customers “top-of-the-range” custom products to explore the “full potential” of their entrepreneurial spirit. “Insurance hasn’t changed in more than a century. But… Read More

March 3, 2020 @ 7:27 am By JD Alois  |  

Several weeks back at the annual Paris Fintech Forum, Crowdfund Insider had the chance to sit down with a representative from Birmingham in the United Kingdom. While London is well-known for being a global financial centre and leading Fintech hub, Birmingham is emerging as an… Read More

March 3, 2020 @ 12:58 am By Omar Faridi  |  

UK-based banking challenger Starling Bank intends to use its Irish banking license to make its way into other European nations in the coming years, Anne Boden, the company’s CEO, confirmed. During a recent interview with IBS Intelligence, Boden, founder of Starling Bank, noted that the… Read More

March 2, 2020 @ 9:39 pm By Samantha Hurst  |  

GeoDB, a UK-based fintech startup that aims to provide a big data marketplace that includes an encrypted, safe, transparent, verified, accurate and decentralized datapool, has successfully secured its initial £1 funding target through its equity crowdfunding campaign on Seedrs. The funding round comes less than… Read More

March 2, 2020 @ 9:37 am By Samantha Hurst  |  

ECOMMPAY, a UK-based online payment solution, announced on Monday it has integrated with PayPal’s new commerce platform. According to ECOMMPAY, the platform is designed to work with other tech platforms, payment networks, banks, and merchants to make payments “easy, reduce friction, and create hassle-free experiences”… Read More

March 2, 2020 @ 8:07 am By JD Alois  |  

Wombat, a Fintech that offers an app to make investing simple including fractional shares, has apparently gained the backing of a well-known investor Chris Adelsbach. According to a release, Adelsbach is said to be supporting a crowdfunding round currently active on Seedrs. Details on how… Read More

March 1, 2020 @ 10:58 pm By Samantha Hurst  |  

the Bike Club, a UK-based platform that offers pay monthly kids bikes that are exchanged as children grow up, has successfully secured its initial £500,000 funding target through its Crowdcube funding round. Founded in 2016, the Bike Club offers subscriptions that let children always have… Read More

March 1, 2020 @ 10:36 pm By Samantha Hurst  |  

allplants, a “vegan delivery company,” is set to close its equity crowdfunding campaign on Seedrs with more than £3.2 million raised. The campaign, which originally sought to raise £2 million, made its debut at the beginning of February. As previously reported, allplants describes itself as… Read More

March 1, 2020 @ 6:00 pm By Omar Faridi  |  

Adam Dodds, CEO and founder at Freetrade, a UK-based Fintech firm that offers a free-to-use investment app that makes it simpler to invest, confirmed on February 29 that the company had rebuilt its infrastructure for investing. Instant orders can be placed on Freetrade’s platform without… Read More

March 1, 2020 @ 12:44 pm By Omar Faridi  |  

The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), reports that the number of suspicious or potentially fraudulent transactions and order reports (STORs) recorded by the agency have decreased for the first time since it began recording them in 2016 Last year, the FCA… Read More

February 29, 2020 @ 6:00 pm By JD Alois  |  

Towards the end of 2019, SyndicateRoom was working to revamp their entire investment crowdfunding process – a huge transition. In the past, SyndicateRoom has consistently been recognized for its high-quality individual securities offerings. Every investment listed on the platform was led by a professional investor… Read More

February 28, 2020 @ 4:29 pm By Omar Faridi  |  

Worldpay from FIS’s has published its 2020 Global Payment Report which notes that the United Kingdom’s digital commerce market is on track to be valued at £319.8 billion (appr. $412 billion) by 2023.  The substantial growth in e-commerce is being driven by rising online sales… Read More

February 28, 2020 @ 10:39 am By JD Alois  |  

Recently, Seedrs received a nice recognition of sorts. A report by Beahurst crowned Seedrs as the UK’s Most Active Investor for 2019. In the past, Crowdcube has regularly received the title but during 2019, Seedrs booked 215 deals while Crowdcube came in at 191. As… Read More

February 28, 2020 @ 8:15 am By JD Alois  |  

ClauseMatch, an Insurtech that was part of the inaugural Barclays accelerator programme, has integrated with Managing Agency Partners Limited (MAP), an underwriting agency in the Lloyd’s of London insurance market. According to a release, MAP is one of the first insurance companies in the UK… Read More

February 28, 2020 @ 1:32 am By Omar Faridi  |  

Approximately 90% of small business owners and freelance workers in the UK say they might prefer using an all-digital bank, instead of a traditional brick-and-mortar bank. This, according to a new study published by research firm Capterra. The study revealed that although 23% of survey… Read More

February 27, 2020 @ 11:27 am By Reece Mennie  |  

Recent analysis carried out by the National Housing Federation revealed an estimated 8.4 million people in England are living in unaffordable, insecure or unsuitable homes. The same data also shows that the housing crisis is affecting people from across all age groups and in every… Read More

February 27, 2020 @ 10:21 am By Omar Faridi  |  

Italy-based FinecoBank, a Fintech service provider and private banking group, is expanding its exchange service hours for its UK-based users, who now have the option of trading different currencies 21 hours a day, 7 days a week. FinecoBank is also expanding its multi-currency accounts to… Read More

February 27, 2020 @ 8:18 am By Samantha Hurst  |  

B-Social, a UK-based fintech that has created a banking mobile app, announced on Wednesday it secured £7.8 million through its latest seed funding round. This latest funding round comes just a little over a year after B-Social raised £3.2 million. It brings B-Social’s total funding… Read More

February 27, 2020 @ 7:19 am By Omar Faridi  |  

UK-based Featurespace, a firm that focuses on fraud prevention, confirmed on February 26 that Finland’s Enfuce, an open banking Fintech firm, will be using the Featurespace ARIC Risk Hub in order to protect its customers from online security threats. Established in 2016 by Denise Koskinen… Read More

February 26, 2020 @ 10:45 am By JD Alois  |  

The UK government has provided an update on its project to digitize home deeds. According to the government, the 7000th deed has been registered digitally in February. Many of the UK’s largest mortgage lenders are now using the service. HM Land Registry safeguards land and… Read More