Tagged: united kingdom

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

July 17, 2019 @ 3:44 pm By Samantha Hurst  |  

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

July 17, 2019 @ 12:32 pm By JD Alois  |  

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

July 17, 2019 @ 12:19 pm By Samantha Hurst  |  

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

July 16, 2019 @ 11:31 am By JD Alois  |  

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

July 16, 2019 @ 9:48 am By Samantha Hurst  |  

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

July 16, 2019 @ 7:55 am By JD Alois  |  

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

July 15, 2019 @ 3:47 pm By Samantha Hurst  |  

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

July 15, 2019 @ 3:15 pm By Samantha Hurst  |  

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

July 15, 2019 @ 2:12 pm By Samantha Hurst  |  

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

July 15, 2019 @ 10:56 am By Samantha Hurst  |  

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

July 15, 2019 @ 7:22 am By JD Alois  |  

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

July 14, 2019 @ 10:04 pm By Samantha Hurst  |  

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

July 14, 2019 @ 9:42 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, is set to close its equity crowdfunding campaign on Seedrs with more than £1.5 million in funding. The round… Read More

July 14, 2019 @ 9:02 am By JD Alois  |  

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

July 12, 2019 @ 10:29 am By Samantha Hurst  |  

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