Tagged: united kingdom

February 11, 2019 @ 3:46 pm By Samantha Hurst  |  

TrueLayer, a computer software company that enables companies to capitalize on new open banking initiatives in the UK, recently announced the launch of its new TrueLayer Payments API. While sharing more details about the Payments API, the TrueLayer team stated: “The Payments API is a… Read More

February 11, 2019 @ 11:25 am By Samantha Hurst  |  

Brushbox, a UK-based oral health subscription box service, is set to close its equity crowdfunding campaign on Crowdcube with more than £700,000 from 240 investors. The funding round was launched last month, originally seeking £500,000. As previously reported, Brushbox claims to be the UK’s first oral health subscription box… Read More

February 11, 2019 @ 9:48 am By Samantha Hurst  |  

UK challenger bank Monzo announced on Monday the launch of its first 100 business accounts. This news comes just a few months after Monzo revealed it was considered business banking, with Founder and CEO, Tom Blomfield, stating 2019 plans included business accounts. Speaking about the new… Read More

February 11, 2019 @ 8:09 am By JD Alois  |  

Peer to peer lending research firm 4thWay has published a note touting the benefits of investing in P2P loans in contrast to more volatile equity investing. 4thWay says that Brexit induced market volatility should compel investors to consider investing in online loans. 4thWay says it is… Read More

February 11, 2019 @ 7:19 am By JD Alois  |  

LC Lite says it is using blockchain technology to simplify and speed up transactions requiring letters of credit. The platform is being launched by the founders of invoice financing platform Incomlend. According to a release, Incomlend currently processes funding volumes worth approximately $240 million annually… Read More

February 8, 2019 @ 11:20 pm By Samantha Hurst  |  

UK challenger bank Starling Bank announced earlier this week it has launched its Euro Account. According to Starling Bank, the Euro Account has been designed for UK residents who are the following: Are European expats living in the UK and sending money back home Work… Read More

February 8, 2019 @ 10:40 pm By Samantha Hurst  |  

Less than two years after securing more than £2 million through its second Crowdcube campaign, Dragon Den alum GripIt has returned to the equity crowdfunding platform to raise £1 million.  As previously reported, GripIt describes itself as the World’s Ultimate Plasterboard Fixing. The company’s products hold… Read More

February 8, 2019 @ 10:21 am By Samantha Hurst  |  

UK based peer-to-peer lender RateSetter announced on Friday it is expanding its Property Development Finance Team in South West England with the appointment of Ian Granger as its new Business Development Manager. Granger will reportedly oversee client management and business development in Somerset, Devon, and Cornwall as… Read More

February 8, 2019 @ 9:35 am By Samantha Hurst  |  

Wealth Migrate, a UK-based real estate crowdfunding platform, has completed its equity crowdfunding campaign on Seedrs with £1,687,965 secured. The funding round was launched in November, originally seeking a minimum of £750,000. As previously reported, Wealth Migrate was established in 2010 and describes itself as a leading… Read More

February 8, 2019 @ 8:55 am By Samantha Hurst  |  

OakNorth, a UK-based fintech startup, has successfully secured $440 million through its latest investment round, which was led by Japan’s SoftBank Group Corp.  Launched in 2015 by Rich Khosla and Joel Perlman, OakNorth claims to be Europe’s fastest-growing fintech company by assets and valuation. The company… Read More

February 8, 2019 @ 8:50 am By JD Alois  |  

Andrew Holgate, a co-founder of peer to peer lender Assetz Capital, has launched a Fintech consulting firm. Equitivo is said to be “Europe’s first full-service Fintech consultancy.” In a release, the firm said the consulting firm launches with “a strong UK and European client base.” Equitivo’s services… Read More

February 7, 2019 @ 10:42 am By JD Alois  |  

It was recently reported that Facebook has acquired Chainspace, a London-based blockchain startup described as a scalable distributed ledger and smart contract platform. The Chainspace website claims to deliver on “modern expectations of processing power, making it the platform of choice for complex real-world applications.”… Read More

February 7, 2019 @ 8:45 am By Samantha Hurst  |  

Yoyo announced on Thursday the launch of its new omnichannel platform. Yoyo reported that it has combined its in-store digital payments and loyalty experience with an e-commerce solution to enable retailers to created the channel.  According to Yoyo, the omnichannel platform provides the following: Multichannel one-click checkout:… Read More

February 7, 2019 @ 7:58 am By Samantha Hurst  |  

Top British banking group Barclays has reportedly taken a minority stake in the UK-based fintech loyalty mobile app startup Bink. Founded in 2014, Bink stated its mission is to “redefine loyalty, making life simple and rewarding for all.” The company revealed: “Bink is set to transform… Read More

February 7, 2019 @ 6:57 am By JD Alois  |  

Peer to peer lending platform Kuflink has launched a secondary market to provide liquidity for investors in their property backed loans. Kuflink said this was the first of several new enhancements planned for 2019. The platform said that lenders can list most loan parts on… Read More

February 6, 2019 @ 4:18 pm By Samantha Hurst  |  

Anna Money, a UK-based fintech that specializes in SME business banking, has received an £8.5 investment from tech investment firm, Kinetik. Founded in 2017, Anna, which stands for Absolutely No-Nonsense Admin, describes itself as a business current account for startups and small businesses. The company manages invoicing and comes… Read More

February 6, 2019 @ 2:03 pm By Samantha Hurst  |  

Modular contemporary company nHouse has successfully secured its initial £200,000 funding target through its latest equity crowdfunding campaign on Crowdcube. The funding round was launched in November, just a little over a year after nHouse secured £984,110 through its first Crowdcube initiative. As previously reported, nHouse creates spacious, high-tech,… Read More

February 6, 2019 @ 10:49 am By Samantha Hurst  |  

UK-based business lender Growth Street announced recently announced that investor returns up by 16.7% in 2018 through its peer-to-peer investment platform. Founded in 2013, Growth Street’s main mission is to help businesses grow. The platform has already matched £175 million of investors’ funds with growing businesses since… Read More

February 6, 2019 @ 10:02 am By JD Alois  |  

Yesterday, Crowdfund Insider covered the annual Deal report from Beauhurst. The research targeting equity investment in the UK provides a fascinating snapshot of the progress of capital formation for promising young firms in Great Britain. The authors note that while overall investment declined during 2018,… Read More

February 6, 2019 @ 9:23 am By Samantha Hurst  |  

Aave, a UK-based tech company which specializes in the development of decentralized and hybrid blockchain applications, announced on Wednesday the launch of bitcoin on its crypto lending marketplace platform, ETHLend. According to Aave,  ETHLend is a lending peer to peer marketplace where users can borrow money using their… Read More