Tagged: united kingdom

August 11, 2019 @ 9:51 pm By Samantha Hurst  |  

PayRue, a European based wallet focusing on exchange, transfer, and storage of cryptocurrencies, is now seeking £100,000 through its equity crowdfunding campaign on Seedrs. PayRue is now offering 1.96% in equity at a £5,005,156 pre-money valuation. Founded in 2018 by Mikael Olofsson and Ingemar Svensson,… Read More

August 11, 2019 @ 9:14 am By JD Alois  |  

Seedrs, a leading UK crowdfunding platform, is in the midst of funding discussions according to a write up in the Times. The report indicates that an email distributed to Seedrs shareholders indicates the company is at “advanced stages in a fundraising discussion.” Seedrs has previously… Read More

August 10, 2019 @ 4:51 pm By JD Alois  |  

SME Peer to peer lending platform Growth Street has joined digital bank Starling Bank‘s marketplace, according to a blog post. Excited to announce that GrowthLine is now available on the #Starling Marketplace! It means your business can apply for and manage your GrowthLine all from… Read More

August 9, 2019 @ 9:54 pm By Samantha Hurst  |  

UK challenger bank Monzo announced on Friday it has added new interest rates for its Savings Pots. Monzo reported that it is now 1.81% (AER/Gross) on fixed Savings Pots and 1.15% (AER/Gross Variable) on Easy Access Savings Pots. “We’re making opening and managing a savings… Read More

August 9, 2019 @ 3:15 pm By Samantha Hurst  |  

UK-based money transfer platform Xpress Money announced on Friday it has formed a new partnership with Leicester City Football Club. Through the collaboration, Xpress Money has been named the Club’s official money transfer partner. While sharing details about the partnership, Sudhesh Giriyan, Chief Executive of… Read More

August 9, 2019 @ 8:32 am By Samantha Hurst  |  

Online lending platform Funding Circle announced on Thursday the numbers of H1 2019, which are the results for the first six months of 2019, ending on June 30th. According to Samir Desai, the CEO and Co-Founder of Funding Circle, the online lending platform grew in revenue… Read More

August 8, 2019 @ 10:54 pm By Samantha Hurst  |  

Clearwell Capital, a UK-based company that provides funding to small and medium-sized property developers and housebuilders, is now seeking £375,000 through its equity crowdfunding campaign on Seedrs. Founded in 2010, Clearwell Capital states it is funded by banks, high net worth individuals and P2P lending… Read More

August 8, 2019 @ 3:02 pm By Samantha Hurst  |  

Prop-tech startup Brickowner has successfully secured its initial £225,000 funding target through its latest equity crowdfunding round on Seedrs. The company is currently offering 2.31% in equity at a £9,504,690 pre-money valuation. As previously reported, Brickowner reported investment through its platform has grown from £347,000… Read More

August 8, 2019 @ 9:17 am By Samantha Hurst  |  

Cornish Lithium, a company that aims to create a new, environmentally-responsible, lithium extraction industry in the UK, is set to close its successful equity crowdfunding campaign on Crowdcube with more than £1.34 million secured from over 1100 investors. The company is currently offering 4.91% in… Read More

August 8, 2019 @ 8:23 am By Samantha Hurst  |  

U.S. fintech Robinhood announced on Wednesday that it received authorization from the Financial Conduct Authority (FCA) to operate as a broker in the UK. According to Robinhood, the authorization will enable us to bring its investing platform to customers in the UK and is a… Read More

August 7, 2019 @ 3:55 am By Cali Haan  |  

A source to Coindesk is claiming that Britain’s tax authority, HM Revenue & Customs, has sent letters to three cryptocurrency exchanges requesting access to the trading records of British customers served by the platforms. According to the source, Coinbase, eToro, and CEX.IO have all received… Read More

August 6, 2019 @ 9:26 am By Samantha Hurst  |  

Kingston’s professional football club AFC Wimbledon has launched an equity crowdfunding campaign on Seedrs to help finance its return to a new stadium on Plough Lane. The organization is offering 7.67% in equity at a £24,071,520 pre-money valuation. AFC Wimbledon described itself as a continuation… Read More

August 5, 2019 @ 1:43 pm By Samantha Hurst  |  

Standard Chartered Bank announced on Monday that it and Linklogis have recently completed their first joint deep-tier supply chain financing transaction for Digital Guangdong and its upstream suppliers. According to Standard Chartered, the transaction is included in the ongoing strategic collaboration between the two parties since… Read More

August 5, 2019 @ 11:17 am By Samantha Hurst  |  

Just days after addressing previous issues in its banking services, digital challenger bank Monzo announced it may have figured out what was causing the most recent issues, which was that it wasn’t storing some customers’ PINs correctly. The banking startup revealed in a recent blog… Read More

August 5, 2019 @ 9:45 am By JD Alois  |  

Starling Bank CEO and Founder Anne Boden recently published an open letter updating both investors, users and prospectie customers on the progress on the digital only challenger bank. Boden said the bank has now topped 775,000 accounts in total: 695,000 retail current accounts, 59,000 business… Read More

August 5, 2019 @ 8:58 am By Samantha Hurst  |  

StormGain, a UK-based crypto trading platform, announced on Monday it is now the official sponsor for Newcastle United, The English Premier League FC. According to StormGain, all fans of the team in Europe, Latin America and Asia and other countries of the world will be… Read More

August 4, 2019 @ 10:37 pm By Samantha Hurst  |  

Less than a week after launching its equity crowdfunding campaign on Seedrs, Assetz Exchange, a UK-based property crowdfunding platform, has successfully secured its initial £350,000 funding target. The funding round has attracted more than 150 investors. As previously reported, Assetz Exchange describes itself as a… Read More

August 4, 2019 @ 10:09 pm By Samantha Hurst  |  

UK-based sports nutrition brand, TRIBE, has secured nearly £1.4 million through its latest equity crowdfunding campaign on Crowdcube. The funding round, which was launched just two years after securing more than £1 million through its previous Crowdcube initiative, quickly surpassed its initial £1 million funding… Read More

August 2, 2019 @ 2:22 pm By Samantha Hurst  |  

Creditspring, a UK-based subscription-based loan membership platform, is now seeking £1. 5 million through its equity crowdfunding campaign on Seedrs. Founded in 2016, Creditspring’s goal is to empower hardworking people to transform their lives through access to responsible credit. “40% of the UK population has… Read More

August 1, 2019 @ 11:05 am By JD Alois  |  

Digital bank Revolut is now offering commission-free stock trading service. Revolut has indicated its intent to offer a brokerage service in the past. The Fintech is now allowing Revolut Metal customers first access with access to all customers being rolled out in the coming weeks…. Read More