Tagged: united kingdom

September 24, 2019 @ 1:41 pm By Samantha Hurst  |  

Troubadour Goods, a London-based menswear brand that specializes in designing and creating handcrafted leather goods, has completed its latest equity crowdfunding campaign on Seedrs. The round raised a total of £436,763 in funding. The company offered 9.56% in equity at a £3,891,727 pre-money valuation. As… Read More

September 24, 2019 @ 10:32 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF), at Cambridge Judge Business School, is out with the Asean Fintech Ecosystem Benchmarking Study published in partnership with the Asian Development Bank Institute (ADBI) and FinTechSpace in Taiwan. CCAF is the leading research institute covering the global alternative… Read More

September 24, 2019 @ 9:12 am By Samantha Hurst  |  

BBVA announced on Tuesday its third senior non-preferred bond of 2019 in the wholesale market. The banking group reported that the €1 billion 5-year maturity bond was priced at mid swap plus 95/100 basis points. BBVA also revealed that the issue is part of its… Read More

September 23, 2019 @ 2:34 pm By Samantha Hurst  |  

UK-based crowdfunding platform Crowd2Fund announced on Monday it has been formally granted its Advanced Assurance from HMRC for the Enterprise Investment Scheme (EIS) tax relief. According to Crowd2Fund, the tax reliefs allow up to £12,000,000 can be invested into the growth of the crowdfunding platform… Read More

September 23, 2019 @ 1:37 pm By Samantha Hurst  |  

Ideal Flatmate, a UK-based proptech platform that matches flatsharers with compatible flatmates, is now seeking £1.3 million in funding through its new equity crowdfunding campaign on Seedrs. Launched in 2017, Ideal Flatmate places people and personality at the heart of the flat-sharing experience, not just… Read More

September 23, 2019 @ 12:57 pm By JD Alois  |  

Fintech software provider ShareIn has launched a new product “ShareIn Pay.” ShareIn is a software company that can power crowdfunding and peer to peer lending services. Today, ShareIn is offering a payments product to “address a gap in the market.” The Edinburgh based investment software… Read More

September 23, 2019 @ 9:46 am By Samantha Hurst  |  

American Express (NYSE: AXP) announced on Monday its plans to launch an open banking product that will enable UK customers to pay for online purchases with a bank transfer. According to American Express, Pay With Bank Transfer will be a real-time payment option to current… Read More

September 23, 2019 @ 8:50 am By Omar Faridi  |  

London-based digital bank Starling Bank has introduced a new online banking app that allows its business clients to manage their funds more efficiently, according to a release. In addition to providing a mobile banking application, Sterling Bank offers a debit card that allows users to… Read More

September 22, 2019 @ 10:27 pm By Samantha Hurst  |  

Assetz Exchange, a UK-based property crowdfunding platform, is nearing £450,000 in funding through its equity crowdfunding campaign on Seedrs. The campaign was launched earlier this summer, originally seeking £350,000. The crowdfunding portal is offering 4.83% in equity at a £6,902,276 pre-money valuation. As previously reported,… Read More

September 22, 2019 @ 10:10 pm By Samantha Hurst  |  

Snaffling Pig, a UK-based pork brand, has successfully surpassed its initial £750,000 funding target on equity crowdfunding platform Crowdcube. The campaign was launched earlier this month and the company is offering 7.67% in equity at a £10 million pre-money valuation. Founded in 2015, Snaffling Pig… Read More

September 22, 2019 @ 7:39 pm By Omar Faridi  |  

Andrew Mitchell, VP Development and Infrastructure Support at JCB International, writes that the UK will be struggling to maintain its position as a global Fintech leader, and the nation’s professionals are concerned that there may be challenges accessing engineering, product, and financial services after Brexit…. Read More

September 20, 2019 @ 8:46 pm By Samantha Hurst  |  

Esme Loans, NatWest’s standalone digital lending platform for SMEs and scale-up businesses, announced this week it has increased its credit appetite with the maximum loan amount moving to £250,000 from £150,000 to support more UK SMEs.  According to NatWest, Esme Loans has lent over £70million… Read More

September 20, 2019 @ 4:30 pm By JD Alois  |  

The Idle Man, a menswear fashion brand, crowdfunded on Crowdcube back in 2015 raising a respectable £793,000 from over 400 investors. A  couple of years later, The Idle Man returned to Crowdcube seeking £500,000. At that time, in a blog post, CEO Oliver Tezcan touted… Read More

September 20, 2019 @ 3:35 pm By JD Alois  |  

Last night, Seedrs, a leading UK based investment crowdfunding platform, held its inaugural alumni awards in recognition of their growing number of successfully crowdfunded companies. Over the years Seedrs has supported more than 590 businesses raise much-needed growth capital. Simultaneously, the very public process has… Read More

September 20, 2019 @ 3:32 pm By Samantha Hurst  |  

Less than two years after securing more than £2.6 million in funding through its previously Crowdcube campaign, UK-based parking innovator JustPark has returned to the equity crowdfunding platform and has already raised more than £5.8 million from nearly 3000 investors.  As previously reported, JustPark was… Read More

September 19, 2019 @ 9:25 pm By Cali Haan  |  

A user of the Internet forum site Reddit claims his bank’s reaction to a Bitcoin deal gone bad has, “ruin(ed)” him: “TLDR (summary) – sold small amount of BTC on local bitcoins, Barclays bank closed my account, accused me of fraud and now I can’t… Read More

September 19, 2019 @ 9:15 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) has published its 2nd Global Enterprise Blockchain Benchmarking Study. CCAF is the leading Fintech research in the world. The Centre has published multiple reports on the global alternative finance market which are frequently referenced by policymakers and industry… Read More

September 19, 2019 @ 7:57 am By JD Alois  |  

Today, digital bank Revolut has announced the addition of free stock trading for both Standard and Premium customers. The feature is rolling out in 26 different markets including: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia,… Read More

September 19, 2019 @ 3:28 am By JD Alois  |  

The UK Peer to Peer Finance Association (P2PFA) is reporting a record number of both borrowers and investors engaged in the peer to peer lending industry. According to the P2PFA, 150,000+ lenders invested in 321,483 loans during Q2 of 2019. During the three-month period from… Read More

September 18, 2019 @ 8:17 pm By Omar Faridi  |  

London-based firm Aventus Systems, the developer of a fair and secure blockchain-powered event ticketing platform that aims to eliminate fraud, announced its latest code release Aventus Classic, which helps to create an equitable and transparent ticketing industry. The developers of the Aventus Network noted that… Read More