Tagged: united kingdom

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

December 20, 2019 @ 11:59 am By JD Alois  |  

Digital asset platform Smartlands and UK Sotheby’s International Realty have agreed to experiment on the tokenization of luxury properties, according to a note from Smartlands. The tokenization platform said that blockchain technology can facilitate access to exclusive opportunities for a new generation of investors worldwide…. Read More

December 20, 2019 @ 7:51 am By Omar Faridi  |  

ComplySci, a provider of regulatory technology (Regtech) for financial and professional services firms, revealed on December 17 that it’s moving to a new business office located in London’s Tech City. The company’s new office will be home to ComplySci’s growing London-based team, which is currently… Read More

December 19, 2019 @ 9:02 am By Samantha Hurst  |  

UK-based digital banking group Monzo announced on Wednesday it will now allow cash withdrawals in the European Economic Area (EEA) to be free. This news notably follows a change in EU regulation on cross-border payments we’ve decided to remove ATM fees and limits for countries… Read More

December 19, 2019 @ 8:25 am By Samantha Hurst  |  

UK-based digital banking platform Starling Bank announced on Wednesday it has expanded its business Marketplace with the addition of cloud-based accounting software provider Intuit QuickBooks. The service will give the bank’s 90,000 business customers a link between their bank account activity and their accounting package…. Read More

December 19, 2019 @ 1:54 am By JD Alois  |  

WiseAlpha, an interesting Fintech that offers an online marketplace for corporate bonds, is looking to boost investor interest by offering a new “bond academy” to educate investors about the corporate bond market. WiseAlpha is regulated by the UK Financial Conduct Authority and has sought to… Read More

December 18, 2019 @ 10:35 pm By Cali Haan  |  

UK cryptocurrency exchange Coinfloor has announced it is delisting Ethereum, “to focus on providing Bitcoin only services from the 3rd of January 2020,” Bitcoin’s 11th anniversary. “The decision will allow Coinfloor to provide a richer set of services for the world’s leading cryptocurrency while maintaining focus on… Read More

December 18, 2019 @ 4:46 pm By Samantha Hurst  |  

Crowdfunding brewing company BrewDog is set to close its latest mini bond on Crowdcube later this week with nearly £3 million in funding secured from more than 1200 Crowdcube investors. The mini bond notably comes just a few months after BrewDog USA filed a form… Read More

December 18, 2019 @ 4:35 pm By Samantha Hurst  |  

Scottish brewery Innis & Gunn announced on Tuesday it was extending its equity crowdfunding campaign on Seedrs for an additional 43 days. The brewery’s campaign, which was launched last month, is seeking to raise £3 million and is offering 1.96% in equity at a £149,750,989… Read More

December 18, 2019 @ 3:40 pm By Samantha Hurst  |  

RDC (Regulatory DataCorp) announced on Wednesday it has renewed its agreement with UK-based digital banking group Monzo to help fight against anti-money laundering for the bank’s U.S. launch. According to RDC, the partnership will build on the success of the past two years in the… Read More

December 18, 2019 @ 10:11 am By JD Alois  |  

We have all heard about Open Banking, a mandate to require proactive API access to financial services while migrating control of all data and access back to consumers, now we have a movement for “Open Finance.” According to the Financial Conduct Authority (FCA), Open Finance… Read More

December 18, 2019 @ 9:47 am By Samantha Hurst  |  

Playfinder, a UK-based sports club platform and mobile app, has closed its equity crowdfunding campaign on Crowdcube with a total of £733,550 in funding secured. The funding round attracted 224 Crowdcube investors. Since launching in 2014, Playfinder has reportedly helped 2.3 million of its platform’s… Read More

December 17, 2019 @ 5:13 pm By Omar Faridi  |  

Mobile-only, banking challenger Starling Bank is planning to focus more on its brand awareness as it tries to move past its status as a startup and become one of the leading Fintech industry participants. As reported by WARC, Starling’s chief growth officer Rachael Pollard remarked:… Read More

December 17, 2019 @ 1:56 pm By Samantha Hurst  |  

LendInvest, a UK-based online marketplace for mortgages, reported on Tuesday strong inflows to its flagship real estate debt fund during November. LendInvest reported that over the month, it secured £23 million of new investment for its Real Estate Opportunity Fund. This notably brought the fund’s… Read More

December 17, 2019 @ 11:11 am By Samantha Hurst  |  

WorldRemit, a UK based Fintech in the digital money transfer sector, announced on Tuesday it has appointed Sophie Krishnan as its new Chief Operating Officer. According to WorldRemit, Krishnan has held senior management roles at consumer-facing disruptors like Expedia and Trainline, where she led product,… Read More

December 17, 2019 @ 2:36 am By Omar Faridi  |  

TransferWise, a leading UK-based online money transfer service, has teamed up with Paydesk, a British freelance payments platform, to provide payments services to freelancers. The business integration could potentially help more freelancers throughout the world in gaining access to the benefits of Paydesk’s features such… Read More

December 16, 2019 @ 10:44 pm By Samantha Hurst  |  

UK-based digital banking platform Starling Bank announced on Monday it is revising its overdraft pricing on personal current accounts, replacing its flat rate of 15% with a rate of 15%, 25% or 35% Equivalent Annual Rate (EAR) (variable), dependent on customers’ credit scores, which is… Read More

December 16, 2019 @ 7:21 pm By JD Alois  |  

Leading UK based investment crowdfunding platform Crowdcube is out with a note claiming a record-breaking year for international securities offerings. According to Crowdcube, during 2019 overseas offerings raised €26.6 million – a 100% increase versus year prior. This took place even while the sword of… Read More

December 16, 2019 @ 12:34 pm By Cali Haan  |  

Bottle Pay, a UK company, “on a mission…to introduce Bitcoin to 1 billion people in the next 5 years,” has announced it will shut down December 31st because it does not want to impose enhanced anti-money laundering procedures on users. According to a company blog post:… Read More

December 16, 2019 @ 8:23 am By Samantha Hurst  |  

Modular contemporary company nHouse has successfully secured its initial £400,000 funding target through its Seedrs equity crowdfunding round. The funding round, which launched in November, comes less than a year after the company raised £302,800 through its previous Crowdcube initiative.  nHouse notably creates spacious, high-tech,… Read More