Tagged: united kingdom

December 6, 2019 @ 10:42 pm By Samantha Hurst  |  

Nc’nean, a UK-based independent distillery that is on a mission to drive sustainability and innovation in Scotch whiskey, is now seeking £1 million through its equity crowdfunding round on Seedrs. Started in 2017, Nc’nean, which comes from Neachneohain’​ the Queen of Spirits in Gaelic legend,… Read More

December 6, 2019 @ 3:00 pm By Samantha Hurst  |  

B-North, a UK-based business lending company, is now seeking £1,750,000 through its equity crowdfunding campaign on Crowdcube. The company is now offering 10.94% in equity at a £14,247,942 pre-money valuation. Founded in 2018, B-North aims to change the face of business lending by aiming to… Read More

December 6, 2019 @ 11:30 am By JD Alois  |  

Yesterday in a blog post, Landbay founder and CEO John Goodall announced that his property crowdfunding platform will no longer serve as a peer to peer lender as institutional money has taken over. Landbay said that a UK bank will now handle the current retail… Read More

December 6, 2019 @ 8:45 am By Omar Faridi  |  

UK’s OakNorth Bank, which is run by OakNorth, has finalized a deal worth £8 million (appr. $10.5 million) to finance a share repurchase for shareholders of Security Plus, Europe’s leading independent volume cash carrier. Established in 1977, Security Plus currently manages around 3,500 live contracts…. Read More

December 6, 2019 @ 8:38 am By Samantha Hurst  |  

Currensea, a UK-based fintech that specializes in creating travel debit cards, is set to close its equity crowdfunding campaign on Seedrs with more than £865,000 secured. The company, which launched the campaign last month, sought to raise a minimum of £800,000. It is offering 7.40%… Read More

December 5, 2019 @ 9:10 am By Omar Faridi  |  

A real estate business that received the backing of Property Innovation (Pi) Labs, a leading Proptech VC, is raising equity capital through crowdfunding. Track, which serves as a property and fund manager for homeowners, is raising £250,000 (appr. $328,000) on Seedrs for 11% of company… Read More

December 5, 2019 @ 8:09 am By JD Alois  |  

New peer to peer lending rules come into effect on Monday, December 9th. The new rules were the result of a review by the UK Financial Conduct Authority (FCA). The UK largely created the entire sector of peer to peer lending. One of the most… Read More

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

Cuvva, an insurtech startup that is based in the UK, announced earlier this week it secured £15 million through its Series A funding round. Founded in 2015, Cuvva claims it is building a new kind of insurance that’s flexible, simple and jargon-free. The company noted… Read More

December 4, 2019 @ 12:09 pm By Omar Faridi  |  

UK-based Fronted, a new company that plans to make renting easier for people, is preparing to launch in 2020 with a Fintech product that has been designed to help renters finance their deposits. The company, called Fronted, has been established by Jamie Campbell, former commercial… Read More

December 4, 2019 @ 8:33 am By JD Alois  |  

Following a trial of a biometric card announced in October, NatWest has announced an expansion of the program with its “biometric payment fob.” The bank is launching today a three-month national trial involving 250 customers. Users may make payments up to £100 without a bank card… Read More

December 4, 2019 @ 8:11 am By Samantha Hurst  |  

Less than two weeks after launching its latest equity crowdfunding campaign on Seedrs, European automated saving and crowd investing marketplace Oval Money is set to close the funding round with more than £1.2 million raised. The company, which secured £626,310 through its Crowdcube campaign in… Read More

December 3, 2019 @ 11:20 am By Samantha Hurst  |  

DryGro, a UK-based agriculture startup that has developed new technology to grow food in dry places, has successfully secured its initial £980,000 funding target through its equity crowdfunding campaign on Seedrs. The company is offering 8.24% in equity through the funding round at a £10,918,936… Read More

December 3, 2019 @ 10:53 am By JD Alois  |  

Peer to peer lending platform Zopa raised £140 million, the company’s largest funding round since launch. According to a note from Zopa, the additional capital will enable Zopa’s banking entity to “fulfill its regulatory capital requirements.” This is key to removing its current restrictions on… Read More

December 3, 2019 @ 7:36 am By Omar Faridi  |  

UK-headquartered Hastee, an on-demand wages app, revealed on December 2 that it finalized  a $270 million round consisting of equity and debt financing. Umbra Capital, a newly launched modern merchant bank that makes investments in the UK’s SMEs, led the equity portion of the investment… Read More

December 2, 2019 @ 1:01 pm By Omar Faridi  |  

Financial Conduct Authority (FCA) regulated e-money institution (EMI), Financial House, has teamed up with ONPEX, an established provider of multi-currency IBAN accounts. The partnership is aimed at enabling the EMI to provide international transaction banking services to its client base. UK-headquartered Financial House offers software-as-a-service… Read More

December 2, 2019 @ 7:23 am By Samantha Hurst  |  

UK-based digital banking group Monzo recently announced it is offering Google Pay options for users as they wait for their debit card replacements. The new option will allow users to continue using their Monzo services until their card arrives. “When you lose your Monzo card… Read More

December 2, 2019 @ 7:11 am By Samantha Hurst  |  

Baanx, a mobile digital banking app, payments engine, and cryptocurrency platform, has launched an equity crowdfunding campaign on Seedrs to raise £600,000 in funding. Launched in 2018, the company reported that it is looking for real change in the Digital Banking and Cryptocurrency sector. “In short,… Read More

December 1, 2019 @ 6:32 pm By Omar Faridi  |  

UK-based National Westminster Bank (NatWest), a major retail and commercial bank, is teaming up with Moneypenny in order to support the UK’s small businesses. Moneypenny will be offering free trials and special discounts on their services to business owners that are participating in NatWest’s Accelerator… Read More

December 1, 2019 @ 9:36 am By JD Alois  |  

Oval Money, an App that seeks to provide money management services to European users, is raising capital on Seedrs. The offering is in overfunding mode as it has already topped its £1 million goal of selling an equity stake of 2.05% at a pre-money valuation… Read More

December 1, 2019 @ 9:12 am By JD Alois  |  

Mark Carney, the Governor of the Bank of England, has been appointed as the United Nations Special Envoy for Climate Action and Finance. As part of this role, Carney will support the Secretary-General’s climate strategy by galvanizing climate action and transforming climate finance, according to… Read More