Tagged: united kingdom

July 24, 2019 @ 8:52 am By JD Alois  |  

Digital bank Revolut has updated its business banking account offerings. According to Fintech, Revolut for Business has launched two business account plans with no monthly fees. The new business account plans is said to “reaffirm Revolut’s commitment to democratise access to business accounts.” Additionally, Revolut… Read More

July 24, 2019 @ 8:03 am By JD Alois  |  

One of the leading investment crowdfunding platforms in the UK is in the midst of an executive transition. Current SyndicateRoom CEO and co-founder Gonçalo de Vasconcelos has announced that he is exiting the executive role and becoming a non-executive Director of the crowdfunding platform. In… Read More

July 24, 2019 @ 7:44 am By Samantha Hurst  |  

Just days after launching its equity crowdfunding campaign on Crowdcube, Cornish Lithium, a company that aims to create a new, environmentally-responsible, lithium extraction industry in the UK, has successfully secured its initial £1 million funding target from nearly 700 investors. The company is offering 4.91%… Read More

July 23, 2019 @ 12:14 pm By JD Alois  |  

Smartlands, a blockchain-based crowdfunding platform, says it will tokenize “real-world assets” for a total of $1 billion by the end of 2023. The UK based, FCA regulated platform is making the bold claim as part of its four-year roadmap. Smartlands says it will tokenize assets… Read More

July 23, 2019 @ 11:17 am By Samantha Hurst  |  

Killing Kittens, a UK-based female empowerment band that is leading a global movement through its events and social platform, is now seeking £300,000 through its equity crowdfunding campaign on Seedrs. The organization is now offering 2.91% in equity with a £10,011,998 in a pre-money valuation…. Read More

July 23, 2019 @ 8:28 am By Samantha Hurst  |  

Just two years after securing more than £1 million through its previous equity crowdfunding round, UK-based sports nutrition brand, TRIBE, has returned to Crowdcube to raise £1 million, which the company quickly raised. Prior to launch, the campaign achieved  £759,000 from 20 existing investors. TRIBE… Read More

July 22, 2019 @ 3:25 pm By Samantha Hurst  |  

UK fintech Paysend is set to close its equity crowdfunding campaign on Seedrs with more than £8.55 million in funding. The campaign was launched last month and quickly secured its initial £4.26 million funding target. Paysend is offering 3.30% in equity at a £124,904,832 pre-money… Read More

July 22, 2019 @ 2:49 pm By Samantha Hurst  |  

Cornish Lithium, a company that aims to create a new, environmentally-responsible, lithium extraction industry in the UK, is now seeking £1 million through its equity crowdfunding round on Crowdcube. Founded in 2016, Cornish Lithium noted it is focused on exploring for lithium within the hot… Read More

July 22, 2019 @ 9:31 am By Samantha Hurst  |  

UK-based digital banking group Atom Bank announced on Monday it secured £50 million through its latest investment round, which included participation from BBVA, Toscafund, Woodford Patient Capital Trust and funds advised by Perscitus LLP. “Atom continues to be a fast-growing challenger in the UK’s lending… Read More

July 22, 2019 @ 7:25 am By JD Alois  |  

Evarvest, a Lithuania-based startup that is preparing to launch a new trading app, has easily topped its €75,000 goal on Seedrs to raise €235,000. Evarvest sold equity in the company at a pre-money valuation of €1.175 million. Evarvest plans to launch the app later in… Read More

July 21, 2019 @ 10:10 pm By Samantha Hurst  |  

MyHomeGroup, a UK-based online estate agency group, is now seeking 750,000 through its equity crowdfunding campaign on Seedrs. Founded in 2013, MyHomeGroup claims to be the UK’s #1 online agency. Its key mission is to be the most-loved property business in the UK offering customers a one-stop-shop… Read More

July 21, 2019 @ 9:00 pm By JD Alois  |  

Iain Niblock, CEO peer to peer lending aggregator Orca Money, says that current criticism of the P2P sector of Fintech should not be construed as being reflective of the entire industry. Returns, which tend not to be correlated with the stock market, remain strong. The… Read More

July 21, 2019 @ 9:47 am By JD Alois  |  

The Women in Finance Charter now has over 350 names on its list of supporters, according to a note from HM Treasury, as 21 new names were announced. A good number of signatories are Fintech firms. The Treasury’s Women in Finance Charter seeks support from… Read More

July 19, 2019 @ 10:54 pm By Samantha Hurst  |  

Less than a year after securing £800,000 through its previous Seedrs campaign, UK-based plug socket brand Den has returned to the equity crowdfunding platform and has so far surpassed its initial £150,000 funding target. As previously reported, Den describes itself as a new technology startup that… Read More

July 19, 2019 @ 11:53 am By JD Alois  |  

TokenMarket, part of the UK Financial Conduct Authority Sandbox program, is scheduled to close its own security token offering (STO) this coming Monday (July 22nd). TokenMarket launched its STO in early July seeking a max amount of £2 million. As it stands today, TokenMarket has… Read More

July 19, 2019 @ 10:46 am By JD Alois  |  

Stashbee has closed its 2nd crowdfunding round at £2.5 million on Seedrs. The company offered equity in the firm at a pre-money valuation of £9 million. The company received the backing of 886 individual investors. Stashbee, an online sharing-economy platform for storage space, raised £1.6… Read More

July 19, 2019 @ 6:21 am By JD Alois  |  

The UK  Department for International Trade (DIT) is in the process of doing a survey on Fintech. The survey appears to be designed to enable DIT to better understand how the government may more effectively support UK Fintech development asking specifically “what support can DIT… Read More

July 18, 2019 @ 10:14 pm By Samantha Hurst  |  

Less than a month after launching its latest equity crowdfunding campaign on Seedrs, Commuter Club has successfully secured nearly £2.2 million in funding. The round quickly raised its initial £1,850,000 funding target, with the company currently offering 10.92% equity with a £15,089,864 pre-round valuation. As… Read More

July 18, 2019 @ 11:13 am By JD Alois  |  

Brexit be damned. At least, so it seems. The UK is rocking early-stage equity investments, according to Beahursts 6 month report. While the political class agonizes over what may happen when the European divorce is final, investors continue to shoulder risk in the UK market… Read More

July 18, 2019 @ 9:15 am By Samantha Hurst  |  

Payment processing platform Klarna announced on Thursday it has formed a new partnership with British contemporary fashion brand Superdry. Through the partnership, Superdry customers are now able to Pay later or Pay in 3 in the UK, and later this month will be able to Pay in 4 in… Read More