Tagged: united kingdom

Update: No1 Rosemary Water Nears £1.3 Million During the Final Week on Crowdcube

No1 Rosemary Water, a UK-based botanical beverage company, is set to close its equity crowdfunding campaign on Crowdcube with nearly £1.3 million in funding secured. The funding round made its public debut right after No1 Rosemary Water raised its £1 million funding target and has… Read More

Report: UK Fintech Continues to Perform. $2.9 Billion in Deals in 2019 on Track to Top Year Prior

Innovate Finance has just published its Q2 UK Fintech investment report tallying activity for the first half of 2019. Innovate Finance is a five-year-old private-public partnership group that claims over 250 global members. Supported by the City of London and Broadgate, it is a not-for-profit… Read More

Koin Rewards Announces New Partnership With Fidel For Loyalty & Card-Linking Capabilities

Following the announcement of its equity crowdfunding campaign on Seedrs, blockchain-built rewards platform Koin Rewards announced its partnership with card linking API Fidel to build new rewards program for shoppers. Koin Rewards reported it is working with Fidel to build a community of merchants and… Read More

LendInvest Launches Bridge to Let Product for Borrowers

UK online lending platform LendInvest, a marketplace for property finance, has launched a new “Bridge-to-Let” service for borrowers seeking to refurbish a property before exiting to a Buy-to-Let mortgage. Currently, bridge to let loans are available for amounts from £75,000 to £750,000. Terms are up… Read More

UK Fintech Curve Secures $55 Million Through Series B Funding Round Led By Gauss Ventures

Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, announced on Tuesday it secured $55 million through its Series B funding round, which was led by Gauss Ventures. According to Curve, the investment round also welcomes… Read More

Mobility as a Service: Hydrogen Car Company Riversimple Tops £750,000 Funding Target on Seedrs in 3rd Crowdfunding Round

Hydrogen car company Riversimple has raised £811,818 topping its £750,000 goal on Seedrs. The vehicle manufacturer is selling a 1.36% equity stake at a pre-money valuation of £58,933,056. As of today, 649 investors have backed the round. This is the company’s third crowdfunding round on… Read More

Update: ARC Vehicle Surpasses £950,000 During the Final Days on Crowdcube

Arc Vehicle, a UK-based electric recreational vehicle developer, is set to close its equity crowdfunding campaign on Crowdcube with more than £950,000 in funding. The round, which is offering 8.71% of equity at a £10 million pre-money valuation, was launched last month and quickly raised… Read More

Prop-Tech Startup Brickowner Now Seeking £225,000 Through Equity Crowdfunding Round on Seedrs

Just a little over six months after raising nearly 275,000 through its previous Seedrs campaign, Prop-tech startup Brickowner has returned to the equity crowdfunding platform to raise £225,000. Brickowner reported investment through its platform has grown from £347k in 2017 to £1m by February 2018,… Read More

UK Insurtech AkinovA Announces Launch of Series B Investment Round

AkinovA, a UK-based insurtech, announced last week it is now seeking funds through its Series B investment round. Founded in 2017, AkinovA is building an electronic marketplace for the transfer and trading of (re)insurance risks. “By working in collaboration and partnership with the insurance industry,… Read More

Overfunding: WeSwap’s Latest Equity Crowdfunding Campaign Surpasses £2.3 Million Funding Target First Week on Seedrs

Just days after launching its latest equity crowdfunding efforts on Seedrs, UK-based fintech startup, WeSwap, has successfully secured its initial £2.3 million funding target from more than 1,000 investors. The funding round comes nearly three years after WeSwap secured more than £2.4 million through its… Read More

Challenger Bank Tandem Recognized as “Best Credit Card Provider” at Consumer Credit Awards

Challenger bank Tandem Bank has been recognized as “Best Credit Card Provider” and “Innovation of the Year” at the Consumer Credit Awards, according to a release. The Consumer Credit Awards are run by Smart Money People. Tandem CEO Ricky Knox said the Consumer Credit Awards… Read More

Wriggle Completes Seedrs Funding Round With Nearly £750,000 Secured

Wriggle, a UK-based real-time marketplace for local eat-out food and drink, has completed its equity crowdfunding round on Seedrs with nearly £750,000 secured. The campaign, which originally sought to raise £600,000, offered 10.45% in equity with a £5,140,320 pre-money valuation. As previously reported, Wriggle is… Read More

Update: LuxDeco Set to Close Crowdcube Round With More Than £1.5 Million in Funding

LuxDeco, a UK-based platform that connects high-end interior brands and artisans to luxury consumers and design professionals through their curated online marketplace and personal stylist recommendations, is set to close its equity crowdfunding campaign on Seedrs with more than £1.5 million in funding. The round… Read More

Here is the FCA Consultation Proposing the Ban of Cryptoasset Derivatives for Retail Investors

Earlier this month as previously reported, the UK Financial Conduct Authority (FCA) proposed a ban on the sale of both derivatives and exchange-traded notes (ETNs) based on “certain types of cryptoassets.” The announcement of the proposed ban kicked off a consultation, embedded below, for feedback… Read More

Stashbee Set to Close Seedrs Round With Nearly £2.3 Million in Funding

Stashbee, UK-based marketplace for space and storage, is set to close its equity crowdfunding campaign on Seedrs with nearly £2.3 million in funding. The round made its debut last month and quickly surpassed its initial £1.6 million funding target. It has also attracted nearly 800… Read More

WeSwap Returns to Seedrs; Now Seeking £2.3 Million in Funding

Nearly three years after securing more than £2.4 million through its previous equity crowdfunding campaign on Seedrs, UK-based fintech startup, WeSwap, has returned to the funding portal to raise £2.3 million. As previously reported, WeSwap was founded in 2011 and opened to the community in… Read More

LendInvest Boosts Loan Cap to £750,000

Online mortgage lender LendInvest has increased its maximum loan amount to £750,000. This cap applies to its five year fixed buy-to-let loans. On standard residential loans, borrowers are now offered a reduced valuation fee of £150, along with free title insurance. Free title insurance is… Read More

Overfunding: Pallite Surpasses £1 Million Funding Target on Crowdcube

Just a couple of weeks after launching its equity crowdfunding campaign on Crowdcube, PALLITE, a UK-based designer and manufacturer of pallets and shipping crates, has successfully secured its initial £1 million funding target from more than 500 investors. As previously reported, PALLITE claims its products… Read More

Greater London Investment Fund Announces New Board Members

The Greater London Investment Fund (GLIF) has announced its new board of directors. The GLIF was launched at City Hall the Mayor of London in May. The GLIF has been developed specifically to target businesses which have had difficulties in securing crucial investment. The fund… Read More

Freetrade Closes Crowdfunding Round at Over £4 Million

Fintech Freetrade closed their crowdfunding round on Crowdcube yesterday raising £4,031,500 from 5039 investors. This is the 5th time Freetrade has crowdfunded on Crowdcube having raised £3.1 million in 2018. Freetrade is an FCA regulated digital stockbroker. Available in the UK, Freetrade will be expanding… Read More

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