Tagged: united kingdom

December 30, 2019 @ 10:20 am By Omar Faridi  |  

London-based TransferWise, a privately-held Fintech firm that allows private individuals and businesses to send money abroad at affordable and transparent rates, reveals that it is now a community of over 6 million users, which transfers an average of £4 billion (appr. $5.25 billion) every month…. Read More

December 30, 2019 @ 7:32 am By Omar Faridi  |  

Digital bank Monzo is reportedly holding discussions with various large investors about potentially raising additional funds. Following its upcoming investment round, the company might become one of the UK’s largest Fintech startups. According to sources on the matter, Monzo is in talks with investors, some… Read More

December 28, 2019 @ 12:14 am By Samantha Hurst  |  

B-North, a UK-based business lending company, has successfully secured nearly £2 million in funding through its Crowdcube campaign. The funding round originally sought to raise £1,750,000 and has attracted more than 365 Crowdcube investors so far.  As previously reported, B-North is on a mission to… Read More

December 27, 2019 @ 1:46 pm By Samantha Hurst  |  

Modular contemporary company nHouse is set to close its latest equity crowdfunding campaign on Seedrs with more than £440,000 in funding secured from over 400 Seedrs investors. The company launched the investment round last month, originally seeking £400,000, and is offering 7.49% in equity at… Read More

December 26, 2019 @ 1:24 pm By Samantha Hurst  |  

Salcombe Distilling Co., a UK-based luxury gin brand, is set to close its equity crowdfunding campaign on Seedrs with more than £1.1 million in funding secured. The campaign, which launched last month, quickly surpassed its initial £800,000 funding target. It has also attracted over 375… Read More

December 24, 2019 @ 12:14 pm By Samantha Hurst  |  

Cowboy, a Belgium-based smart electric bike startup, has raised more than 3.3 million in funding through its equity crowdfunding campaign on Crowdcube so far. The campaign was launched earlier this month and quickly secured its initial £1.2 million funding target.  As previously reported, Cowboy’s is… Read More

December 24, 2019 @ 10:59 am By Samantha Hurst  |  

Thyngs, a UK-based mobile technology platform, has successfully secured its initial £250,000 funding target and is now nearing £355,000 through its latest equity crowdfunding campaign on Seedrs. The funding round comes less than two years after Thyngs raised £301,310 through its Crowdcube campaign. As previously… Read More

December 23, 2019 @ 4:40 pm By Samantha Hurst  |  

Crowdfunded brewery BrewDog will close its latest mini-bond round with more than 3.4 million secured. The round was launched on Crowdcube last month and has attracted more than 1350 investors. As previously reported, the mini-bond notably comes just a few months after BrewDog USA filed… Read More

December 23, 2019 @ 2:58 pm By Samantha Hurst  |  

WorldRemit, a UK based Fintech in the digital money transfer sector, announced on Monday its insights into factors that will affect global mobile money in 2020. The company’s insights revealed the following: Device usage in the developing world will continue to grow, driving access to… Read More

December 23, 2019 @ 2:00 pm By Samantha Hurst  |  

With the new year just around the corner, U.S. fintech Robinhood shared the growth and successes its platform experienced in 2019. The company revealed in a blog post: “As we get ready to close out 2019, first and foremost we want to say thank you… Read More

December 23, 2019 @ 1:00 pm By Samantha Hurst  |  

Skinny Tonic, a UK-based beverage brand, has successfully secured its initial £500,000 equity crowdfunding target on Seedrs. The company is offering 8.07% in equity through the campaign at a £5,693,455 pre-money valuation. The funding round forms an extension of an additional £265,358 raised between July… Read More

December 23, 2019 @ 10:20 am By Samantha Hurst  |  

Rebank, a UK-based digital business banking platform, announced last week it secured $2.7 million through its latest seed funding round, which was led by ADV with participation from Y Combinator and Jude Gomila, the CEO and Founder of the startup Golden. Founded in 2018, Rebank… Read More

December 22, 2019 @ 10:41 pm By Samantha Hurst  |  

B-North, a UK-based business lending company, has now raised more than £1.9 million through its equity crowdfunding campaign on Crowdcube. The company’s initiative originally sought to raise a minimum of £1,750,000. B-North is currently offering 11.77% in equity at a £14,247,942 pre-money valuation.  As previously… Read More

December 22, 2019 @ 10:28 pm By Samantha Hurst  |  

Givt, a Netherlands-based giving platform that offers a solution to charities and parties dependent on donations, is now nearing €675,000 in funding through its equity crowdfunding campaign on Seedrs. The company launched the funding round in November with a goal to raise a minimum of… Read More

December 22, 2019 @ 5:42 pm By JD Alois  |  

HubrisOne, Fintech in the digital asset sector, has raised £607,000 of its £900,000 goal on Seedrs supported by 49 individual investors, according to the offering page. Shares in HubrisOne are being offered at a pre-money valuation of £8.1 million. Earlier this year in February, HubrisOne… Read More

December 22, 2019 @ 11:59 am By Omar Faridi  |  

Peer-to-peer lenders reportedly raised over £7 million (appr. $9.1 million) to fund the ongoing development of their platforms via crowdfunding in 2018. Overall, Fintech has been a hot sector of crowdfunding with many big names in the emerging financial services sector recognizing the benefits of… Read More

December 21, 2019 @ 10:38 am By Omar Faridi  |  

UK based digital bank Revolut has introduced a new debit multi-currency card that comes with “compelling travel benefits and cashback” for millennials who might be traveling, Kunal Chatterjee, Visa country manager for Singapore and Brunei confirmed. Revolut recently expanded into Asia with its sights set… Read More

December 21, 2019 @ 10:29 am By Omar Faridi  |  

UK-based Curve, a Fintech startup that consolidates multiple cards and accounts into a single smart card and app, has introduced “Curve Send.” The new service allows users to send and receive funds from any supported account to any other account at no cost, so people… Read More

December 20, 2019 @ 3:24 pm By Samantha Hurst  |  

Less than two years after securing £829,370 through its previous equity crowdfunding campaign on Crowdcube, UK-based insurtech Honcho has returned to the funding platform to raise an additional £700,000 in funding. The company is offering 9.21% in equity at a £6,899,999 pre-money valuation.  As previously… Read More

December 20, 2019 @ 3:04 pm By Samantha Hurst  |  

Payment processing platform Klarna announced earlier this week it is expanding its partnership with UK-based footwear retailer schuh to allow its service, Pay in 3, to be available in-store at more than 110 outlets across the UK. The company further explained: “The integration of Klarna’s… Read More