Tagged: united kingdom

June 27, 2019 @ 10:35 pm By Samantha Hurst  |  

BBVA announced on Thursday the launch of its new accelerator program that is designed to “foster” success among the fintech startup ecosystem. The program, called BBVA Open Innovation Accelerator Program, aims to give startups a helping hand for success. “Over the course of nine-months, those… Read More

June 27, 2019 @ 11:50 am By Samantha Hurst  |  

UK challenger bank Monzo has published its 2019 annual report. According to Monzo. The annual report is a detailed look at what a company’s been doing and how that’s affected its finances over the past financial year. CEO of Monzo, Tom Blomfield, has also written… Read More

June 27, 2019 @ 9:23 am By Samantha Hurst  |  

  Riversimple, a Wales-based hydrogen-electric car company, has extended its latest equity crowdfunding campaign on Seedrs for another 10 days as it nears its £750,000 funding target. As previously reported, Riversimple has designed a new car called the Rasa, which emits nothing but a tiny amount… Read More

June 27, 2019 @ 9:07 am By Samantha Hurst  |  

PALLITE, a UK-based designer and manufacturer of pallets and shipping crates, has secured over £620,000 funding in the first week of equity crowdfunding on Crowdcube. This represents 62% of the overall target of £1 million funding target. The company is currently offering 10.52% equity at… Read More

June 26, 2019 @ 3:41 pm By JD Alois  |  

HM Treasury and the Financial Conduct Authority (FCA) recently organized a workshop on assisting low-income renters. Predicated on the fact that rental insurance has “very low take-up” amongst a lower demographic, Treasury and the FCA invited multiple firms to attend an “Access to Contents Insurance… Read More

June 26, 2019 @ 11:27 am By Samantha Hurst  |  

Digital challenger bank Monese recently announced it has launched free premium accounts for refugees that have relocated in the UK. Monese reported that it is committed to giving out its Premium plan to refugees (usually £14.95 a month) for free, for life. The Premium plan… Read More

June 25, 2019 @ 5:48 pm By Samantha Hurst  |  

Deciwatt, a UK-based company that creates renewable energy products that allow users to make light and power, has launched an equity crowdfunding campaign on Seedrs and has already passed its £400,000 funding target. The funding round has also attracted nearly 200 investors and is offering… Read More

June 25, 2019 @ 3:17 pm By Samantha Hurst  |  

UK-based tech platform Pavegen is set to close its latest equity crowdfunding round on Crowdcube with nearly £1.9 million in funding. The campaign was launched last month and quickly secured its £950,000 funding target, Prior to launching the funding initiative, Pavegen raised £513,000, which is represented… Read More

June 25, 2019 @ 2:37 pm By JD Alois  |  

While it is a fact we all need bank-like services it is also true we do not necessarily need a traditional bank. The digitization of finance has liberated the masses from paper driven, brick and mortar operations to the bank of the iPhone (or Android… Read More

June 25, 2019 @ 12:51 pm By Samantha Hurst  |  

UK-based digital banking platform Starling Bank announced on Tuesday it has formed a new partnership with Direct Line Group to allow current account customers to apply for home insurance directly through Starling’s in-app marketplace. According to Starling, the partnership will enable customers to securely connect… Read More

June 25, 2019 @ 12:15 pm By JD Alois  |  

The Hong Kong Monetary Authority (HKMA) has posted a deck on GFin or the Global Financial Innovation Network. Hong Kong has emerged as a leading Fintech hub having embraced innovation in financial services. GFiN was launched by the UK Financial Conduct Authority (FCA) a bit… Read More

June 25, 2019 @ 10:19 am By JD Alois  |  

The Mayor of London, Sadiq Khan and Funding London CEO, Maggie Rodriguez-Piza, have announced the appointment of three new directors to the Funding London Board. Funding London was launched in 2004 to provide venture capital and debt capital to SMEs, on behalf of the Mayor… Read More

June 25, 2019 @ 9:11 am By JD Alois  |  

Yesterday, Crowdfund Insider previewed Freetrade’s crowdfunding round on Crowdcube. Today, the offer is live and out of private mode so we wanted to provide an update. As it stands now, Freetrade has easily topped its low-end hurdle of £1 million as it seeks to raise… Read More

June 25, 2019 @ 8:56 am By Samantha Hurst  |  

UK-based challenger bank Monzo announced on Monday it secured £113 million through its latest investment, led by Y Combinator Continuity and Latitude. The round of funding reportedly brings the platform’s valuation to £2 billion.  The news about Monzo’s latest investment round comes just six months after the… Read More

June 25, 2019 @ 8:39 am By JD Alois  |  

Peer to peer lender and digital bank Zopa is out with note highlighting the fact that consumers too frequently do not receive the interest rate they expect when applying for a loan. In fact, Zopa states that an astounding two-thirds of loan applicants are offered… Read More

June 24, 2019 @ 3:34 pm By Samantha Hurst  |  

No1 Rosemary Water, a UK-based botanical beverage company, has launched an equity crowdfunding round on Crowdcube. The campaign made its public debut right after the company raised its £1 million funding target from nearly 175 investors. The company has created a total of ten single… Read More

June 24, 2019 @ 2:57 pm By Samantha Hurst  |  

Just a few weeks after securing £3.8 million through its equity crowdfunding round on Seedrs, a “new banking and wealth management alternative,” dozens, announced it has formed a new partnership with Westminster City Council to find out what local residents and businesses really want from… Read More

June 24, 2019 @ 12:50 pm By Samantha Hurst  |  

Online lending platform Funding Circle announced on Monday it has teamed up with Merseyside Pension Fund to launch UK Economic Impact Fund for British small businesses. According to the duo, the UK Economic Impact Fund will give institutional investors including pension funds, insurance companies and local… Read More

June 24, 2019 @ 11:22 am By Samantha Hurst  |  

Much Better Adventures, a UK-based traveling platform, has quickly surpassed its £850,000 funding target on equity crowdfunding platform, Seedrs. Founded in 2012, Much Better Adventures claims it offers unique adventures and experiences that are delivered by local hosts and guides around the world. “Our inspiring,… Read More

June 24, 2019 @ 9:05 am By JD Alois  |  

Challenger stockbroker app Freetrade is returning to the pages of Crowdcube to raise capital once again. The highly popular company topped their £500,000 crowdfunding goal in May in about 12 minutes. Back in April, Freetrade attempted to launch an offering but Crowdcube’s servers struggled with… Read More