Tagged: united kingdom

August 29, 2019 @ 12:14 pm By JD Alois  |  

The UK Department for International Trade (DIT) will venture across the Atlantic to visit with and perhaps form partnerships with Latin American Fintech firms. Along for the ride are six UK based Fintech firms which have been selected to participate in Finnosummit taking place in… Read More

August 29, 2019 @ 7:30 am By JD Alois  |  

MERJ Exchange, the national stock exchange of Seychelles, will partner with Globacap, a capital markets platform for digital securities, to offer tokenized assets to EU and UK investors. Globacap is regulated by the UK Financial Conduct Authority (FCA). MERJ will be offering securities in its… Read More

August 28, 2019 @ 1:34 pm By Cali Haan  |  

A judge in Southwark, England, has seized $900 000 in Bitcoins from confessed prolific hacker Grant West, 27, once described as a “one-man cybercrime wave,” The Guardian reports. The judge reportedly warned West that he would face an additional four years in prison if he… Read More

August 28, 2019 @ 7:34 am By JD Alois  |  

Money transfer Fintech Azimo says it has reached profitability, according to a release. Azimo apparently turned the corner in Q2 of this year. Azimo states that has grown 60% year over year as of the end of June. The growth was fueled in part by… Read More

August 27, 2019 @ 2:20 pm By Samantha Hurst  |  

Just a little over four years after securing £670,760 through its previous Crowdcube round, self-service multi-currency note/coin exchange machine developer Fourex has returned to the equity crowdfunding platform to raise £900,000. As previously reported, the company’s machines use image recognition technology to automatically identify and… Read More

August 27, 2019 @ 10:18 am By JD Alois  |  

The UK has maintained a leadership role in the global Fintech realm for years. Boosted by a supportive government, a regulatory regime that encourages innovation and competition and a robust startup ecosystem, the UK has led the rest of the world when it comes to… Read More

August 26, 2019 @ 1:17 pm By Cali Haan  |  

Bank of England governor Mark Carney has proposed the creation of a global digital currency as a way to stabilizing global financial systems being disturbed by trade and currency wars. The proposal was delivered during a speech at the US Federal Reserve sponsored Jackson Hole… Read More

August 25, 2019 @ 10:38 pm By Samantha Hurst  |  

Urban Electric, a company that is on a mission to create the UK’s largest urban electric vehicle charging network, has successfully secured its initial 250,000 though its equity crowdfunding campaign on Crowdcube. The company is currently offering 9.76% in equity at a £3 million pre-money… Read More

August 23, 2019 @ 1:42 pm By Samantha Hurst  |  

Deciwatt, a UK-based company that creates renewable energy products that allow users to make light and power, is set to close its equity crowdfunding round on Seedrs with more than £500,000 in funding. The funding round was launched earlier this summer with a mission to… Read More

August 23, 2019 @ 10:33 am By JD Alois  |  

Beginning September 14, 2019, European Union rules regarding “Strong Customer Authentication” (SCA), part of PSD2, kick in. These rules, which also impact the UK, involve the way in which banks or payment services providers verify their customers’ identity and validate specific payment instructions. Mandated API… Read More

August 22, 2019 @ 10:25 pm By Samantha Hurst  |  

UK-based investment services Smarterly has successfully secured nearly £2.3 million in funding through its equity crowdfunding round in Seedrs. The funding round, which has attracted close to 500 investors so far, was launched earlier this month and quickly surpassed its initial £2 million. As previously… Read More

August 22, 2019 @ 3:07 pm By Samantha Hurst  |  

UK-based equity crowdfunding platform Seedrs announced on Thursday the shortlists for seven of the nine awards to be presented at the upcoming Seedrs Alumni Awards, which is set to take place on September 19th. The event’s description reads: “The inaugural Seedrs Alumni Awards 2019 is… Read More

August 21, 2019 @ 8:28 am By JD Alois  |  

Several weeks ago, the co-founder of crowdfunding platform SyndicateRoom and past CEO Gonçalo de Vasconcelos announced his departure from the company. At the time, de Vasconcelos indicated his interest in pursuing another startup. He remains a non-executive director of SyndicateRoom so he is still engaged… Read More

August 21, 2019 @ 2:43 am By JD Alois  |  

A new report published by Tech Nation and Dealroom indicates the UK is experiencing a robust market for investment in early-stage firms. In fact, the UK is going gangbusters in comparison to the year prior. The report states that the UK tech sector has attracted… Read More

August 20, 2019 @ 9:09 am By Samantha Hurst  |  

Accenture (NYSE: ACN) announced on Tuesday it has acquired global financial institutions advisor and consulting partner, Parker Fitzgerald. According to Accenture, Parker Fitzgerald advises financial services companies on financial and non-financial risk, regulation and financial technology. The company also provides strategic advice, independent assurance, and… Read More

August 20, 2019 @ 8:59 am By Samantha Hurst  |  

BBVA announced on Tuesday it is set to offer digital customer onboarding everywhere it operates by the end of this year. According to the banking group, this digital onboarding process is based on biometric identification technologies, which is already available in Spain, will now reach other… Read More

August 19, 2019 @ 4:10 pm By Samantha Hurst  |  

Gendius, a UK-based diabetes research company, has quickly secured its initial £400,000 funding target on equity crowdfunding platform Crowdcube. The company launched the campaign to raise the funds for to develop intellin, which is described as an app that takes an individual’s clinical history and… Read More

August 19, 2019 @ 12:49 pm By JD Alois  |  

Last week Crowdfund Insider covered a report where it was revealed that Seedrs is in the midst of a sizable funding round. Today, we are hearing that the leading UK based crowdfunding platform has agreed to terms on a significant £4.5 million round led by institutional… Read More

August 18, 2019 @ 10:25 pm By Samantha Hurst  |  

Elemental Digest, a UK-based clean-tech manufacturing business that turns an international food and industrial waste problem into sustainable products with nutritional, economic and environmental benefits, is set to close its equity crowdfunding campaign on Crowdcube with more than £1.2 million in funding. The campaign was… Read More

August 18, 2019 @ 1:41 pm By Cali Haan  |  

The UK’s Advertising Standards Authority has upheld complaints against crypto-derivatives trading platform BitMEX claiming the company violated UK advertising standards with an ad it published on the front page of a national newspaper in January. According to the ASA, the “misleading” ad featured a logarithmic… Read More