Tagged: united kingdom

Monzo Addresses Recent Problems With Banking Service: We’ve Fixed the Issue & Everything Should Be Back to Normal

UK digital banking group Monzo announced on Tuesday it has fixed that issues that may have caused its users to have problems accessing the banking service. Monzo revealed that when the issue happened, users were unable to do the following: Log into the app Send… Read More

Property Crowdfunding Platform Assetz Exchange Now Seeking £350,000 Through Seedrs Funding Round

Assetz Exchange, a UK-based property crowdfunding platform, is now seeking a minimum £350,000 in funding through its equity crowdfunding campaign on Seedrs. Founded in 2018, Assetz Exchange describes itself as a revolutionary new crowdfunding property investment platform. This is the buy-to-let you know, without the… Read More

Fintech Expend Tops £1.3 Million on SyndicateRoom. Closes Crowdfunding Round Today

Expend, a Fintech in the business expense management sector, is scheduled to close its crowdfunding round on SyndicateRoom later today. Valued at £12.5 million, Expend has now raised £1.33 million topping its initial goal of £750,000. Expend is said to be processing over £1 million… Read More

UK Financial Conduct Authority Provides Final Guidance on Cryptoassets: Better Defines Utility Tokens

FCA: “any token that is not a security token, or an e-money token is an unregulated token.” The UK Financial Conduct Authority (FCA) has published its much anticipated final guidance on cryptoassets following a feedback period on prior commentary. The FCA has now established which… Read More

Fintech: Asset Manager Legal & General Partners with Raisin in “Major Deal”

Raisin has announced a new partnership with Legal & General, one of the largest asset managers in Europe. The agreement will provide Legal & General customers with access to Raisin’s UK savings marketplace. Raisin described the deal partnership as a “major deal.” Legal & General… Read More

Update: WeSwap Set to Close Latest Seedrs Round With More Than £2.4 Million in Funding Secured

UK-based fintech startup, WeSwap, is set to close its latest equity crowdfunding round on Seedrs with more than £2.4 million in funding secured. The company launched the campaign last month and quickly raised its initial £2.3 million funding target. It is offering 5.24% in equity… Read More

Crowdfunded Company blow LTD Reports 15,000 Treatments a Month, Launches New Funding Round on Seedrs

“Uber for beauty” company blow LTD is returning to Seedrs to raise more capital. According to a release, blow is launching a £1.5 million funding round on Seedrs. The round is being led by blow LTDs existing investor, Unilever Ventures, which has invested £800,000. The… Read More

Bitstamp Teams Up With BCB Group to Enable UK Investors to Transfer GBP Directly To and From Bitstamp Account

Bitstamp, a Luxembourg based crypto exchanged, announced on Monday it has teamed up with global asset prime broker BCB Group to enable investors from the UK to transfer GBP directly to and from their Bitstamp accounts. Bitstamp reported that through the partnership it may support… Read More

Digital Only Starling Bank Partners with SumUp, a Point of Sale Payments Fintech for Business

Digital-only challenger bank Starling Bank has partnered with SumUp, a mobile point of sale Fintech, to provide small merchants with access to faster settlements. Starling Bank has created not only a digital bank offering but a digital marketplace where both businesses and individuals may access… Read More

Cryptocurrency Community Platform Glu Seeks £300,000 Through Seedrs Funding Round

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Glu, a UK-based cryptocurrency community platform, has launched an equity crowdfunding campaign on Seedrs. The company is offering 3.61% through the funding round, at an £8,006,530 per-money valuation. Founded in 2018, Glu is the community for all the world’s cryptocurrencies and tokens. “Many of us… Read More

Clean-Tech Manufacturing Business Elemental Digest Launches Crowdcube Round to Raise £1 Million in Funding

Elemental Digest, a UK-based clean-tech manufacturing business that turns an international food and industrial waste problem into sustainable, high value-added end products with nutritional, economic and environmental benefits, is now seeking £1 million through its equity crowdfunding campaign on Crowdcube. Through its description, the company stated:… Read More

Overfunding: Killing Kitten Surpasses £300,000 Funding Target Through Seedrs Round

Just days after launching its equity crowdfunding campaign on Seedrs, Killing Kittens, a UK-based female empowerment band that is leading a global movement through its events and social platform, has successfully surpassed its initial £300,000 funding target. The company’s funding round, which has attracted more… Read More

Fintech Paysend Closes £8.5 Million Series B, £4.6 Million from Seedrs Investors

International money transfer Fintech Paysend has closed an £8.5 million Series B funding round. The securities offering was combination VC/crowdfunding offer as GVA invested £3.95 million while smaller investors contributed £4.26 million via the Seedrs crowdfunding platform. The additional capital will be used to fuel… Read More

Update: No1 Rosemary Water Extends Equity Crowdfunding Round on Crowdcube

No1 Rosemary Water, a UK-based botanical beverage company, recently announced it has extended its equity crowdfunding campaign on Crowdcube. The funding round is going an additional two weeks after the original closing date. The company revealed in an update: “Next week there are not one,… Read More

Update: Commuter Club Surpasses £2.2 Million Days Before Seedrs Campaign Closing

Commuter Club, a UK-based provider of season tickets as a subscription service, is set to close its equity crowdfunding campaign on Seedrs with more than £2.2 million secured.  As previously reported, Commuter Club helps commuters save time and money, offering an online retail solution for the… Read More

Report: In the UK, Only VCs/PE Back more Early Stage Firms than Investment Crowdfunding

The United Kingdom is host to the most robust securities crowdfunding market in the world. Issuers may raise as much money as they want online. Mostly, all types of investors may participate. There is a prospectus requirement kicks in at €8 million creating a significant… Read More

Update: Pallite to Close Crowdcube Round With More Than £1.2 Million in Funding

PALLITE, a UK-based designer and manufacturer of pallets and shipping crates, is set to close its equity crowdfunding campaign on Crowdcube with more than £1.2 million in funding. The campaign made its debut last month, originally seeking £1 million. It has attracted nearly 780 investors…. Read More

Challenger Starling Bank Updates Business Accounts

Digital bank Starling Bank says it has opened up its business account to many more UK small and medium-sized enterprises by inviting companies with more than one person of significant control (PSCs) to sign up. The Fintech said the move was made in response to… Read More

LendInvest Announces Appointments To Business Development Team

LendInvest, a UK-based online marketplace for mortgages, announced on Wednesday it has added new members to its Business Development team. According to the online lender, Nigel Robbins was named Business Development Manager, Abby Challen has taken the position of Business Development Manager to cover Central… Read More

Seedrs Selects 10 Startups for First FMCG Accelerator Program

Leading crowdfunding platform Seedrs has announced ten companies which are participating in its first accelerator program. The seven-week FMCG (Fast Moving Consumer Goods) accelerator program is designed to provide access to investors, buyers, branding experts and more. The FMCG sector has experienced solid success on… Read More

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