Tagged: united kingdom

July 10, 2019 @ 10:58 am By JD Alois  |  

The UK’s largest investment crowdfunding platform Crowdcube reported on its Q2 results yesterday. The platform said it had achieved their “sixth record quarter in succession in Q2 as revenue topped £1.9 million for the first time, up 31% compared to 2018.” The performance was described… Read More

July 9, 2019 @ 3:47 pm By Samantha Hurst  |  

Much Better Adventures, a UK-based traveling platform, has closed its equity crowdfunding campaign on Seedrs with more than £1.2 million. The platform launched the funding round last month and quickly secured its initial £500,000 funding target. As previously reported, Much Better Adventures claims it offers… Read More

July 9, 2019 @ 2:14 pm By Samantha Hurst  |  

Gozney, a British manufacturer of professional wood and gas stone ovens, is set to close its equity crowdfunding campaign on Crowdcube with more than £1.7 million in funding. The funding round was launched last month and has so far attracted over 800 investors. As previously… Read More

July 9, 2019 @ 1:03 am By JD Alois  |  

A “leading financial institution” has committed to funding £1 billion in buy to let mortgages originated on the Landbay platform, according to a post by CEO John Goodall. The company did not disclose the name of the institution. Landbay is also a member of the… Read More

July 8, 2019 @ 1:06 pm By Samantha Hurst  |  

UK challenger bank Monzo announced on Monday it has formed a new integration with Xero and FreeAgent for its business accounts. Monzo revealed in a blog post: “We’ve heard that other accounting tools, are important to you too, which we’d love to work on in… Read More

July 8, 2019 @ 9:47 am By Samantha Hurst  |  

UK-based digital banking platform Starling Bank announced on Monday it has formed a partnership  CreditLadder, a UK-based rent recognition platform, in a move that will help thousands of Starling customers improve their credit score and get on to the property ladder. “CreditLadder will enable Starling… Read More

July 8, 2019 @ 9:24 am By JD Alois  |  

Zopa, the first peer to peer lender to launch in the UK and the only platform to have actually experienced a recession, received a provisional bank license in late 2018 as it looks to transition from an online lender and investment platform to a digital… Read More

July 8, 2019 @ 8:39 am By Samantha Hurst  |  

Soldo, a London-based fintech startup, has reportedly secured €54 million through its Series B funding round, which was led by Battery Ventures and Dawn Capital As previously reported, the multi-user spending account was created as a way to control of where funds are going. The… Read More

July 7, 2019 @ 9:25 pm By Samantha Hurst  |  

UK-based peer-to-peer lending platform Assetz Capital completed its equity crowdfunding round on Seedrs with nearly £1.9 million in funding. The campaign was launched earlier and quickly raised its initial £1 million. It also drew in more than 1,000 investors during its run.  Assetz Capital is… Read More

July 7, 2019 @ 9:15 pm By Samantha Hurst  |  

Online lending platform Funding Circle announced last week it completed its fourth securitization of funding. According to Funding Circle, the £232 million transaction is considered the largest ever securitization facilitated through its platform. “The transaction was rated by two rating agencies, and its senior tranche was… Read More

July 6, 2019 @ 4:29 pm By Barry James  |  

As Fintech Challenges the World Order. We know how fundamentally the internet and the web have changed not just the world of work, business and commerce but all our lives and the way we live, around the world. It’s touched and changed just about everything… Read More

July 5, 2019 @ 10:06 pm By Samantha Hurst  |  

Online lending platform Funding Circle announced on Thursday the launch of its first direct lending private fund focused on German and Dutch small businesses. According to Funding Circle, The Funding Circle European SME Direct Lending Fund I (European SME Fund) provides institutional investors including pension… Read More

July 5, 2019 @ 9:47 pm By Samantha Hurst  |  

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, has successfully secured its initial £1.5 million through its equity crowdfunding campaign on Crowdcube. The funding round was launched… Read More

July 5, 2019 @ 4:27 pm By JD Alois  |  

Cambridge Bitcoin Electricity Consumption Index Updates Every 30 Seconds: BTC Uses Less Energy than the Czech Republic but More than Switzerland Each Year. Last week during the Cambridge Centre for Alternative Finance annual conference, the prominent research group unveiled a unique tracking platform that monitors… Read More

July 5, 2019 @ 3:19 pm By Samantha Hurst  |  

Riversimple, a Wales-based hydrogen-electric car company, has successfully secured its initial £750,000 funding target through its latest equity crowdfunding campaign on Seedrs. The funding round has attracted more than 550 investors and is offering 1.26% in equity with a £58,933,056 pre-money valuation. As previously reported, the… Read More

July 5, 2019 @ 2:24 pm By JD Alois  |  

TokenMarket, a UK-based investment platform, is scheduled to kick off its security token offering (STO) this Monday (July 8), according to their website, closing on July 22nd. As previously reported, TokenMarket is seeking up to £2 million in equity in the company. TokenMarket reports that,… Read More

July 5, 2019 @ 8:23 am By Samantha Hurst  |  

UK banking group NatWest announced on the pilot launch of its new working capital product, Rapid Cash. According to NatWest, the NatWest Rapid Cash is an alternative to a traditional business overdraft, with a credit limit that is based on customers’ unpaid invoices. “Rapid Cash can… Read More

July 5, 2019 @ 8:13 am By Samantha Hurst  |  

UK-based peer-to-peer lender RateSetter announced on Thursday its ISA has now passed the milestone of attracting £250 million in subscriptions. RateSetter reported that in under 18 months since its launch in February 2018, the RateSetter ISA has attracted more than £250 million in subscriptions, which… Read More

July 5, 2019 @ 7:49 am By Samantha Hurst  |  

Digital challenger bank Monese announced on Thursday it has formed a new collaboration with payments platform giant PayPal. Monese reported that customers in the UK will be able to do the following: Link Monese and PayPal accounts, to manage PayPal balance and transactions in the… Read More

July 4, 2019 @ 10:23 am By JD Alois  |  

The UK has been a hotbed of Fintech innovation for years now. The one-two punch of a creative financial services industry combined with a world-leading regulatory approach have joined to create a robust ecosystem of Fintech development. Of course, none of this would take place… Read More