Tagged: united kingdom

July 3, 2019 @ 9:12 pm By Cali Haan  |  

Prime Factor Capital, “an asset manager that specialises in cryptocurrencies,” has been licensed by the Financial Conduct Authority (FCA), the region’s financial regulator, to operate as a “full-scope” Alternative Investment Fund Manager (AIFM). The London-based firm believes it is the first cryptocurrency fund to be so authorized…. Read More

July 3, 2019 @ 2:48 pm By Samantha Hurst  |  

Cauli Rice, under its brand name Fullgreen, is set to close its latest equity crowdfunding campaign on Crowdcube with nearly £700,000 in funding. The funding round was launched late June and quickly secured its initial £600,000 funding target. The campaign has also attracted more than… Read More

July 3, 2019 @ 9:26 am By Samantha Hurst  |  

UK banking group NatWest announced on Tuesday it has completed a SONIA (Sterling Overnight Index Average) loan for its corporate customer National Express. According to NatWest, the loan has been provided as a committed Revolving Credit Facility. Ashurst LLP acted as legal adviser to the bank… Read More

July 3, 2019 @ 5:16 am By Cali Haan  |  

A judge in the state of New York has sentenced Blake Kantor (also known as “Bill Gordon”), 44, to 86 months’ (~7 years’) imprisonment and three years’ supervised release for defrauding 700 people in a binary options and cryptocurrency scheme. Kantor pleaded guilty to charges… Read More

July 2, 2019 @ 2:52 pm By JD Alois  |  

In a speech presented today by Christopher Woolard, Executive Director of Strategy and Competition at the UK Financial Conduct Authority (FCA), the regulator addressed the hot topic of “stablecoins.” The speech was delivered at the annual Cambridge Centre for Alternative Finance conference which saw regulators… Read More

July 2, 2019 @ 1:40 pm By Samantha Hurst  |  

UK-based peer-to-peer lending platform Assetz Capital has successfully surpassed £1.8 million through its equity crowdfunding campaign on Seedrs. The funding round was launched in May and quickly raised its initial £1 million. So far, more than 1,000 investors have contributed to the initiative.  As previously… Read More

July 2, 2019 @ 12:40 pm By Samantha Hurst  |  

Less than two weeks after launching its latest equity crowdfunding campaign on Crowdcube, challenger stockbroker app Freetrade is now nearing £3.5 million in funding from more than 4250 investors. The latest campaign comes a little over a year after the company raised £3.1 million through… Read More

July 2, 2019 @ 6:26 am By JD Alois  |  

Funding Circle (LSE:FCH) has provided an update to its outlook for 2019, as well as H1 2019 financial results and updates to its statistics pages for the three months ending 30 June 2019. The forecast from the SME peer to peer lender indicates lower revenue… Read More

July 1, 2019 @ 1:04 pm By Samantha Hurst  |  

Gateway Villa Rentals, a UK-based villa rental platform, is now seeking 50,000 through its equity crowdfunding campaign on Seedrs. Gateway describes itself as the home for “high-end” villa rentals across the globe. “Gateway is striving to become the world’s leading platform for luxury villa rentals… Read More

July 1, 2019 @ 7:00 am By Samantha Hurst  |  

UK-based fintech Flux announced on Monday it has integrated with Just Eat. According to Flux, Just Eat is the first online-only marketplace the UK to offer Flux receipts.  Flux reported that stating on July 1st, Just Eat’s UK customers will be able to access itemized… Read More

July 1, 2019 @ 6:08 am By JD Alois  |  

Airsorted has successfully raised £1.26 million in an investment crowdfunding round on Seedrs. The follow on round attracted 1,078 investors, according to a note from Seedrs. The offer was for a convertible security set with a 20% discount on a valuation cap of £47 million…. Read More

July 1, 2019 @ 3:25 am By JD Alois  |  

Digital bank Revolut has announced a new feature that facilitates donations to charitable causes. Launched today, Revolut’s new in-app feature labeled “Donations”, allows customers to round up payments and donate the money to three international charities. Another option of the feature is to allow customers… Read More

June 30, 2019 @ 11:45 pm By Samantha Hurst  |  

Stablepharma, a UK-based medical tech company, has secured more than £1.2 million through its equity crowdfunding campaign on Crowdcube. Stablevax reported it comprises approved vaccines which are dried from a solution of stabilizing sugar into a special sponge stored in a normal syringe. They are… Read More

June 30, 2019 @ 10:59 pm By Samantha Hurst  |  

Stashbee, UK-based marketplace for space and storage, has successfully surpassed £2 million in funding through its latest equity crowdfunding efforts on Seedrs. The funding round was launched earlier this month and quickly raised its initial £1.6 million funding target. The company is currently offering 15.0%… Read More

June 30, 2019 @ 6:20 pm By JD Alois  |  

Last April, the first securities issued on blockchain was part of a test on the London Stock Exchange (LSE) – one of the largest exchanges in the world. 20/30, a Fintech that has been part of the Financial Conduct Authority’s (FCA) Fintech Sandbox, issued around… Read More

June 28, 2019 @ 2:47 pm By Samantha Hurst  |  

Yielders, a property investment platform based in the UK, has successfully secured its initial £500,000 funding target on equity crowdfunding platform Seedrs. The funding round comes less than a year after Yielders closed on a pre-series A funding round. The platform is offering 4.76% of… Read More

June 28, 2019 @ 8:17 am By JD Alois  |  

Investment crowdfunding platform Seedrs has added a new program to boost the food and beverage sector of crowdfunding.  Noting that consumer-facing companies in the food and beverage sector have been a popular category for retail investment, Seedrs has launched the FMCG Accelerator program (Fast-Moving Consumer… Read More

June 28, 2019 @ 7:47 am By Samantha Hurst  |  

Arc Vehicle, a UK-based electric recreational vehicle developer, has successful secured £850,000 through its equity crowdfunding campaign on Crowdcube. Founded in 2017, Arc revealed it is on a mission to explore Earth in state-of-the-art style,by combining with a promising to try and protect it. “Introducing… Read More

June 28, 2019 @ 7:32 am By Samantha Hurst  |  

LendInvest, a UK-based online marketplace for mortgages, announced on Friday it received a top rating from European Ratings Agency, ARC Ratings, for the fifth conservative year. According to LendInvest, ARC Ratings is a regulated European credit rating agency registered with the European Securities and Markets… Read More

June 28, 2019 @ 6:37 am By Samantha Hurst  |  

Jaja Finance, a UK-based fintech startup, announced on Friday it has entered into in agreement to acquire credit card accounts for Bank of Ireland UK. Jaja reported as part of a consortium of funds affiliated with Centerbridge Partners LP and KKR it will acquire the… Read More