Tagged: united kingdom

February 14, 2020 @ 5:42 am By Omar Faridi  |  

IHS Markit has confirmed that it has teamed up with Credit Benchmark in order to use the company’s credit risk analytics tools for its securities financing solution, which handles performance measurement and reporting for multinational lending platforms. Mark C. Faulkner, co-founder at Credit Benchmark, noted… Read More

February 13, 2020 @ 3:55 pm By JD Alois  |  

Pod Point, an issuer that raised capital, totaling £3.71 million, multiple times on Crowdcube with offerings in 2015, 2016 and 2017, has been sold to EDF. Without revealing details, Crowdcube reported that early “investors via the platform will see positive returns on the initial investment.”… Read More

February 13, 2020 @ 11:12 am By Samantha Hurst  |  

Following the announcement that N26 was departing the UK after the country left the European Union, digital challenger bank Monzo shared with UK N26 customers the reasons to switch to its banking service. As previously reported, N26 reported that with the UK now having left… Read More

February 13, 2020 @ 8:39 am By Samantha Hurst  |  

Saberr, a UK-based developer of managers and team software, has successfully secured its initial £350,000 equity crowdfunding target on Crowdcube. The campaign has attracted more than 220 Crowdcube investors. Founded in 2013, Saberr build software to help managers get their teams performing at the top… Read More

February 12, 2020 @ 10:52 am By Samantha Hurst  |  

Stake, an Australian-based commission-free trading app for stocks and ETFs, has officially launched its services in the UK. This news comes just weeks after Stake announced its UK beta operations. As previously reported, Stake claims it democratizes global share markets to bring the “world’s largest… Read More

February 12, 2020 @ 2:41 am By JD Alois  |  

Crowdcube, the largest equity crowdfunding platform in Europe, is reporting a record quarter, its 8th in a row, according to a company release. During 2019, Crowdcube reports topping £8 million in revenue for the first time (£8.22 million) as a record 220 were funded versus… Read More

February 12, 2020 @ 12:09 am By JD Alois  |  

In a bit of a shocker, Germany based digital bank N26 has decided to exit the UK market and close all customer accounts apparently due to Brexit. According to a blog post, the Fintech said leaving the UK does not change their global vision to… Read More

February 11, 2020 @ 12:12 pm By Samantha Hurst  |  

Standard Chartered, a UK-based multinational banking and financial services company with $688 billion in assets, announced on Tuesday it is collaborating with Assembly Payments to set up a new joint venture to deliver next-generation payment solutions for the global e-commerce industry.  According to the duo,… Read More

February 11, 2020 @ 11:51 am By Samantha Hurst  |  

Digital-only bank platform N26 announced on Monday it is announcing its departure from the UK following Brexit. N26 reported that with the UK now having left the European Union, it will in due course be unable to operate in the UK with its European banking… Read More

February 11, 2020 @ 6:26 am By JD Alois  |  

Mode Banking, an app-based Fintech that is part of the R8 Group, has formed a partnership with Onfido so users may buy, hold or sell Bitcoin, according to a release. Onfido is a global identity verification provider. Mode described the partnership as “expanding its network… Read More

February 11, 2020 @ 1:36 am By Omar Faridi  |  

Leading UK-based digital bank Revolut has introduced a new Open Banking feature, which will allow users to view their bank accounts from other financial service providers from within the banking challenger’s app. Revolut partnered with financial API developer TrueLayer to allow all of its retail… Read More

February 10, 2020 @ 3:46 pm By Samantha Hurst  |  

Small Robot, a UK-based ag-tech that is building sustainable farming robots, announced on Monday that venture capitalists 7percent Ventures has been confirmed as its lead investor after investing £200,000 into its equity crowdfunding campaign on Crowdcube. This brought the funding round’s investment amount to more… Read More

February 10, 2020 @ 2:14 pm By Samantha Hurst  |  

Bricksave, a UK-based property investment platform, will be closing its equity crowdfunding campaign on Seedrs later this evening with nearly £775,000 in funding raised. The initiative has attracted 375 Seedrs investors. The company launched the funding round in December and quickly secured its initial £600,000… Read More

February 10, 2020 @ 10:14 am By Samantha Hurst  |  

Barclays announced on Monday it has extended its partnership with multinational financial services corporation, Visa. Barclays reported that the European agreement with Visa, which recognizes the “unique position” Barclays has in the market, is designed to drive innovation and product development as well as facilitate… Read More

February 10, 2020 @ 7:58 am By Samantha Hurst  |  

SteelEye, a UK-based compliance technology and data analytics firm, announced on Modnahy it has raised $10 million through its Series A funding in a round led by the FinTech Strategic Investments team at Eight Roads, a proprietary investment firm backed by Fidelity. Founded in 2017,… Read More

February 10, 2020 @ 7:50 am By Samantha Hurst  |  

UK-based digital banking group Starling Bank has reportedly secured £60 million from existing investors Merian Global Investors and Harry McPike’s JTC. The banking group has successfully raised £323 million and the latest funding follows two investment rounds of £105 million, which were led by Merian in 2019…. Read More

February 10, 2020 @ 6:58 am By Omar Faridi  |  

Popular Fintech Curve will launch in the US during 2020 according to a statement by CEO and founder Shacher Bialik delivered during the annual Fintech Week Tel Aviv. Curve is an “over the top” or OTT banking platform that is not a bank. The company… Read More

February 10, 2020 @ 2:21 am By JD Alois  |  

allplants, a “vegan delivery company,” is claiming title to the largest vegan crowdfunding round in the UK after raising £2 million in just 48 hours now at £2.2 million backed by over 800 investors. The offering is still live on Seedrs and smaller investors can… Read More

February 10, 2020 @ 1:45 am By Omar Faridi  |  

London-headquartered firm Laka has secured €4.2 million for the ongoing development of its bicycle insurance platform. The firm will be establishing its European headquarters in Amsterdam and will use the funds raised to further expand its operations across Europe. Laka’s latest investment round was led… Read More

February 7, 2020 @ 10:07 pm By Samantha Hurst  |  

Dragon Payments, a multi-cryptocurrency exchange dedicated to the UK market, announced this week it has been placed into Compulsory Liquidation. The company, which was originally named London Block Exchange (lbx), reported that a winding up order was made against the company on January 31st. Paul… Read More