Tagged: united kingdom

March 12, 2020 @ 10:28 pm By Samantha Hurst  |  

the Bike Club, a UK-based platform that offers pay monthly kids bikes that are exchanged as children grow up, is set to close its equity crowdfunding campaign on Crowdcube with more than £550,000 in funding from over 300 investors.  As previously reported, the Bike Club… Read More

March 12, 2020 @ 8:18 am By Samantha Hurst  |  

Paysafe Group, a global payments provider, announced on Thursday it has expanded its strategic partnership with Mastercard. Paysafe reported that the new agreement was designed to support its growth and card acceptance in the European Economic Area (EEA) with a particular focus on Paysafe’s card… Read More

March 12, 2020 @ 7:09 am By Omar Faridi  |  

London-based Salary Finance, a company that specializes in salary-linked savings and loans for workers across the UK, has reportedly acquired Neyber, a Goldman Sachs-backed competitor.  Neyber was founded in 2016 by former Goldman Sachs employees Martin Ijaha and Monica Kalia and joined by former Credit… Read More

March 11, 2020 @ 8:41 pm By JD Alois  |  

TrueLayer and Stake have formed a partnership to speed up the transfer of money in the brokerage market.  Customers of Stake, a brokerage app, can now use “Payments Initiation” to transfer money to quickly make investments. The arrangement is said to be one of the… Read More

March 11, 2020 @ 3:48 pm By JD Alois  |  

Earlier today, the Chancellor of the Exchequer Rishi Sunak delivered a speech outlining the UK Budget for 2020. A portion of the speech outlined the Government’s policy moves to mitigate the impact of the Coronavirus – an unexpected exogenous shock to the economy that could… Read More

March 11, 2020 @ 3:21 pm By Samantha Hurst  |  

UK banking group Barclays announced on Wednesday its customers may now securely make payments from current accounts held with other banks from within the Barclays mobile app. This kind of feature will allow customers to take care of their money management all within one place…. Read More

March 11, 2020 @ 3:21 pm By Samantha Hurst  |  

Less than two years after securing £421,400 through its second Seedrs campaign, Japanese-inspired food brand, Miso Tasty has returned to the equity crowdfunding platform with a mission to raise £350,000 in funding. The company is currently offering 12.46% in equity at a £2,037,500 pre-money valuation… Read More

March 11, 2020 @ 2:52 pm By JD Alois  |  

Chancellor of the Exchequer Rishi Sunak delivered the annual budget today in a speech at the House of Commons. Sunak only recently stepped into the key government role this past February, inheriting an exceptionally challenging task in a world where the Coronavirus, or Covid-19, has… Read More

March 11, 2020 @ 10:55 am By Omar Faridi  |  

A leading financial trading technology firm has shifted its business operations from its New York head offices to London. Established in 2011 by three Russian businessmen, TradingView has become the largest online community of private investors in the world, with reportedly more than 10 million… Read More

March 10, 2020 @ 9:38 pm By Samantha Hurst  |  

Less than two weeks after launching its equity crowdfunding campaign on Seedrs, UK fintech GeoDB’s funding round has already surpassed £1.2 million from 435 Seedrs investors. As previously reported, GeoDB was co-founded in 2018 by Chairman Francisco Gordillo and CEO Sacha Gordillo. The platform describes… Read More

March 10, 2020 @ 10:06 am By Samantha Hurst  |  

Zurich UK, a company that provides a suite of general insurance and life insurance products to retail and corporate customers, announced on Tuesday it is now working with U.S. data group Carpe Data to improve claims processing efficiency and fight fraud. Zurich UK reported that… Read More

March 10, 2020 @ 7:56 am By JD Alois  |  

Instanda, a customer and policy management platform for the insurance industry, has raised $19.5 million in a Series A fundraising round. According to the company, the funding round was led by Assembly Capital Partners the investment will support the firm’s international expansion in the United… Read More

March 10, 2020 @ 7:44 am By JD Alois  |  

The former CBRE Senior Director and Head of Loan Advisory, Anurag Sharma, has joined LendInvest as Fund Manager. LendInvest is a profitable UK Fintech that has created a marketplace for property finance. According to LendInvest,  Anurag has worked with the company in an advisory capacity… Read More

March 10, 2020 @ 7:38 am By JD Alois  |  

Digital Bank Revolut has added “Perks” to all UK customers according to a company release. Perks is a loyalty feature offered by the bank providing cashback and discounts on various branks. These include travel related offers, food and beverage, fitness and more. Revolut customers “unlock”… Read More

March 10, 2020 @ 7:29 am By Omar Faridi  |  

London-headquartered Argent, a digital asset wallet provider that integrates the services of several decentralized finance (DeFi) platforms, including Maker and Compound, has secured $12 million through a Series A investment round. Argent’s funding round was led by San Francisco-based Paradigm, a leading crypto asset investment… Read More

March 10, 2020 @ 1:04 am By JD Alois  |  

MoneyNetint, an international payment solutions provider, has partnered with AFEX, a large foreign exchange specialists. According to a release distributed by Moneyint, the partnership will “enhance MoneyNetint’s capabilities and allow it to offer a wider range of services to its corporate clients.” MoneyNetint reports that… Read More

March 9, 2020 @ 10:43 am By JD Alois  |  

SyndicateRoom, once a securities crowdfunding platform and now an early-stage venture fund, has announced a forthcoming “modest increase” in the Access EIS Fund fees. The new fees will kick in on March 18, 2020. If you invest prior to that date, you lock in at… Read More

March 9, 2020 @ 10:25 am By Samantha Hurst  |  

Argent, a UK-based crypto wallet platform, announced on Monday it secured $12 million through its Series A funding round, which was led by Paradigm with participation from Index Ventures, Creandum, and firstminute. Launched in 2018, Argent claims it built the first crypto wallet with the… Read More

March 9, 2020 @ 8:17 am By Samantha Hurst  |  

allplants, a “vegan delivery company,” closed its equity crowdfunding campaign on Seedrs with a total of £3,461,657 secured. Felix Capital, the venture fund behind GOOP and Deliveroo, also reportedly participated in the round, alongside Simon Nixon (ex-CEO of MoneySupermarket.com) of Seek Ventures. They are joined… Read More

March 8, 2020 @ 11:10 pm By Samantha Hurst  |  

UK-based peer-to-peer lending startup Elfin Market is set to close its equity crowdfunding campaign on Seedrs with more than £700,000 secured. The funding round was launched in January and quickly surpassed its initial £400,000 funding target. Elfin is currently offering 5.80% in equity through the… Read More