Tagged: united kingdom

February 7, 2020 @ 8:51 am By Omar Faridi  |  

The UK’s financial regulator, the Financial Conduct Authority (FCA), is reportedly planning to recruit a specialist with a professional background in blockchain and cryptocurrency-related businesses. The FCA says it wants to hire an intelligence associate with experience working in the digital asset industry, in order… Read More

February 7, 2020 @ 8:06 am By Samantha Hurst  |  

Savvy Navvy, a UK-based marine navigation mobile app, has successfully secured its initial £400,000 equity crowdfunding target through its latest campaign on Seedrs. The funding round was launched on Thursday and quickly raised the funds from more than 200 Seedrs investors. Founded in 2017, savvy… Read More

February 6, 2020 @ 1:20 pm By Omar Faridi  |  

Laybuy, an interest-free “buy now, pay later” payment solutions provider, is teaming up with UK’s WHSmith, in order to provide users the option to buy now and pay later through the WHSmith.co.uk website. Customers will be able to buy products now, and will receive their… Read More

February 6, 2020 @ 10:20 am By Omar Faridi  |  

After successfully offering IBAN check-ups in the Netherlands, Rabobank has reportedly spun off Fintech startup SurePay as it gets ready to establish business operations in the United Kingdom, ahead of the launch of the newly developed Confirmation of Payee rules. SurePay presently offers Confirmation of… Read More

February 6, 2020 @ 8:08 am By Samantha Hurst  |  

Rimilia, a UK-based SaaS fintech, announced earlier this week it raised $15 million through its latest investment round, which saw participation from Eight Roads Ventures and Kennet Partners, and Silicon Valley Bank. The company, which was founded in 2008, revealed it provides intelligent, finance automation… Read More

February 5, 2020 @ 1:32 pm By Samantha Hurst  |  

Mode, a financial services firm backed by Twitter co-founder Biz Stone and is owned by the R8 Group, has reportedly launched its Bitcoin banking mobile app. Cointelegraph reported that the UK startup has made its mobile app available globally, except in the U.S. Customers outside… Read More

February 5, 2020 @ 10:43 am By JD Alois  |  

According to the UK government, Cathryn Ross has been appointed as the first Chair of the new Regulatory Horizon Council, a government-supported committee to make certain UK regulation keeps pace with innovation and enables it to thrive while safeguarding the public. Ross is currently the… Read More

February 5, 2020 @ 8:34 am By Omar Faridi  |  

The addition of Molo, UK’s first, all-digital mortgage lender, Underpinned, a career management platform for freelance workers, and accounting services provider Paystream to the Starling Business Marketplace will take the digital bank’s business integrations count to 14. The integrations aim to build on services that… Read More

February 4, 2020 @ 11:13 pm By Omar Faridi  |  

Barclaycard, a major brand for credit cards at Barclays, a leading London-based multinational investment bank and financial services company, has confirmed a deal in which it will reportedly become the preferred payments partner for 60,000 e-commerce retailers hosted on BigCommerce’s software-as-a-service (SaaS) online platform. The… Read More

February 4, 2020 @ 3:41 pm By Samantha Hurst  |  

HOP Vietnamese, a UK-based fresh food concept that is on a mission to showcase a “passion” for Vietnamese colorful food, culture, and street atmosphere, is now set to close its highly successful equity crowdfunding campaign on Crowdcube with more than £1.5 million raised. The restaurant… Read More

February 4, 2020 @ 11:02 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF), at the University of Cambridge Judge Business School, has published a new report on artificial intelligence (AI) and the future of financial services. CCAF is the leading research entity covering the global ecosystem of Fintech from online capital… Read More

February 4, 2020 @ 8:46 am By JD Alois  |  

Security Tokens and Real Estate. Recently the University of Oxford published a paper on digital assets and real estate. Entitled, “Tokenization: the Future of Real Estate Investment?“, the document believes there is potential in tokenizing the popular asset class but also sees certain challenges. For… Read More

February 4, 2020 @ 7:19 am By JD Alois  |  

Targeting global growth, Bankable, a “Banking as a Service” provider, has formed a partnership with Visa, according to a company release. Bankable said it seeks to provide Visa’s U.S. clients, including corporate customers, access to its real-time and modular banking solutions. Bankable says this will… Read More

February 4, 2020 @ 7:01 am By Omar Faridi  |  

UK-headquartered digital real estate investment platform BrickVest has reportedly been acquired by Patrizia, a Germany-based firm. Details regarding the terms of the deal and the amount paid for the purchase have not been shared publicly. Established in 2014, BrickVest allows customers to invest in pre-screened… Read More

February 3, 2020 @ 10:38 pm By Samantha Hurst  |  

Scottish brewery Innis & Gunn is set to close its latest equity crowdfunding campaign on Seedrs with more than £3.2 million secured. Through the campaign, which originally launched in December, the brewery sought to raise a minimum of £3 million. Innis & Gunn is claiming… Read More

February 3, 2020 @ 10:56 am By Samantha Hurst  |  

Accenture announced on Monday it has acquired Mudano, which is a strategic data consultancy to UK financial services firms, further enhancing its analytics, data and artificial intelligence (AI) transformation capabilities. Founded in 2014, Mudano notably advanced analytics, applied data science and modern data technologies to… Read More

February 3, 2020 @ 10:05 am By Samantha Hurst  |  

Small Robot, a UK-based ag-tech that is building sustainable farming robots, has successfully secured more than £1 million through its latest equity crowdfunding campaign on Crowdcube. The funding round was launched last month and quickly secured its £700,000 funding target, with £560,000 was topped within… Read More

February 3, 2020 @ 8:23 am By Omar Faridi  |  

UK-based OakNorth, a digital bank for small and medium-sized companies (SMEs) that offers business and property loans, has confirmed that OIMIO, a commercial real estate SME-focused lender, has established operations in the Netherlands. The lending firm will be launching a supplier’s credit analysis and monitoring… Read More

February 2, 2020 @ 9:23 pm By Samantha Hurst  |  

Bricksave, a UK-based property investment platform, is set to close its equity crowdfunding round on Seedrs with more than £760,000 raised. The campaign, which has attracted 300 Seedrs investors, was launched in December originally seeking £600,000. Bricksave notably provides individuals direct access to institutional-grade real… Read More

January 31, 2020 @ 3:56 pm By Samantha Hurst  |  

Less than a week after launching its equity crowdfunding campaign on Seedrs, UK-based peer-to-peer lending startup Elfin Market successfully secured its initial 400,000 funding target. The campaign so far has attracted more than 125 Seedrs investors. As previously reported, Elfin claims to be the world’s… Read More