Tagged: united kingdom

Peer to Peer Lender Folk2Folk Revamps to Boost SME Lending

Peer to peer lending platform Folk2Folk has relaunched their entire product line. Folk2Folk is a unique online lender as it targets localized loans and has a strategic local presence across the UK. Folk2Folk explained the changes in a release where management said the range of… Read More

Overfunding: Blueprints Surpasses £950,000 Funding Target on Crowdcube

Blueprints, a UK-based investment platform for equitable development projects, has successfully secured its initial £950,000 funding target through its equity crowdfunding campaign on Crowdcube. The funding round was launched in January and has already attracted nearly 200 investors.  As previously reported, Blueprints’ mission is to empower… Read More

Property Crowdfunding Platform CapitalRise Seeks £1.5 Million on Seedrs, Easily Tops Initial Target

CapitalRise, a property crowdfunding platform, is raising growth capital on Seedrs. The just recently launched campaign has quickly topped its initial goal of raise £1.5 million for 8.57% equity in the company. Today, 307 individual investors have participated in the offer that has a pre-money… Read More

Crowd2Fund Looks to the Global Financial Innovation Network Markets for Expansion

Crowd2Fund, a UK based investment platform, is targeting the Global Financial Innovation Network (GFIN) markets for expansion. In late 2018, the UK Financial Conduct Authority (FCA) ratcheted up their innovation focus by launching GFIN as it sought to target the larger challenges of cross border… Read More

Overfunding: UK Digital Innovation Platform WorldLabs Surpasses £400,000 Funding Target on Seedrs

WorldLabs, a UK-based digital platform that connects innovators around the world, has successfully secured its initial 400,000 funding target through its equity crowdfunding campaign on Seedrs. The funding round was launched in January and has already attracted more than 340 investors.  As previously reported, WorldLabs… Read More

Music Festival Experience Marketplace Festicket Now Seeking £4 Million Through Crowdcube Funding Round

Festicket, a UK-based music festival experience marketplace, is now seeking £4 million through its new equity crowdfunding campaign on Crowdcube. Founded in 2012 by Zack Sabban and Jonathan Younes , Festicket states it provides fans of live music a unique, hassle-free, and money-saving service to… Read More

British Bank Awards: Starling Wins Best Bank, Zopa Recognized as Best Personal Loan Provider

The British Bank Awards, an event that aspires to be the “Oscars of the banking world,” has revealed their 2019 winners. Now in its fifth year of operation, the British Bank Awards are run by Smart Money People a review and insight platform for financial… Read More

Humble Grape Returns to Seedrs & Quickly Secures £400,000 Funding Target

Less than two years after securing £1.3 million through its Seedrs funding round, Independent wine merchant and wine bar concept, Humble Grape, returned to the equity crowdfunding platform and has already secured its initial £400,000 funding target. The initiative is now nearing £550,000 thanks to… Read More

eToro Launches Cryptocurrency Trading Platform & Wallet in the U.S.

Global investment platform, eToro, announced on Thursday the launch of its cryptocurrency trading platform and wallet in the U.S. eToro reported that eth the launch, U.S. customers with diverse levels of expertise may use its platform to collaborate with one another to find cryptoasset trading… Read More

UK Financial Conduct Authority Issues Consumer Warning Against Bulgarian “Next Coin Market”

The Financial Conduct Authority (FCA) of the United Kingdom has issued a warning against a Bulgarian firm, “…claiming to be an FCA-authorised firm offering cryptocurrencies to UK consumers.” The FSA says the company is illegal and has been soliciting UK investors via email containing various… Read More

Downing Acquires P2P Lender Funding Empire

Downing LLP has acquired the peer to peer lender Funding Empire, the company behind Downing Crowd’s platform technology. Funding Empire is the trading name for Tally Marketplace Lending Ltd. Downing LLP is an FCA authorized and regulated investment manager which operates the crowdfunding platform, Downing… Read More

UK Financial Conduct Authority Releases Two Reports on Cryptocurrency and Consumer Interest

The UK Financial Conduct Authority (FCA) has released two reports on cryptocurrency which were commissioned on behalf of the UK government. The FCA has previously published documents on the emerging “crypto-asset” sector as it seeks to better understand which digital assets should be regulated and… Read More

FinMason Announces UK Expansion

U.S.-based fintech FinMason announced on Wednesday it has launched in the UK by officially bringing a pound sterling version of its acclaimed investment analytics service platform. This news comes less than a year after FinMason made its debut in Canada. FinMason claims to be the… Read More

UK Peer to Peer Lending: Loans top £800 Million in Q4 as Industry Matures

The UK Peer-to-Peer Finance Association (P2PFA) has published fourth quarter numbers for member platforms. According to their data, cumulative lending now tops £9.5 billion with over £800 million originated during the period. The P2PFA states that platforms facilitated loans worth nearly £3 billion during 2018…. Read More

Fintech Startup Upgrade Pack Now Seeking £500,000 Through Seedrs Funding Round

UK-based fintech startup, Upgrade Pack, has launched an equity crowdfunding campaign on Seedrs to raise £500,000. Founded in 2018, Upgrade Pack is described as a closed marketplace where airlines and hotels make discounted upgrades available to an exclusive membership consumer base. The company revealed: “Our… Read More

Cambridge Centre for Alternative Finance Research: Fintech Can Boost Financial Inclusion if Regulatory Innovation Exists

A new report by the Cambridge Centre for Alternative Finance (CCAF) states that if properly regulated, Fintech can “extend the benefits of financial inclusion to millions of unbanked and underbanked people around the world.” Fintech has the potential to provide enormous benefit for the less… Read More

Securitize Expansion: Opens New Offices in NYC & London; Announces Asia Services

Securitize, a platform that facilitates security token offerings, announced last week it has opened new offices in NYC and London, as well as expanded its services into Asia. As previously reported, Securitize describes itself as a compliance platform and protocol for issuing and managing digital… Read More

Innovate Finance Launches Educational Initiative with Fintech for Schools

Innovate Finance, an advocacy group for the UK Fintech industry has launched the “FinTech for Schools Initiative,” seeking to inspire the next generation of Fintech leaders innovators FinTech for Schools is said to be an “important piece of Innovate Finance’s Skills and Talent work.” It… Read More

WorldFirst Announces Acquisition of CurrencyVue

WorldFirst, a UK-based fintech firm that specializes in international payments, global bank account solutions, and foreign exchange, announced on Monday it has acquired Australian-based CurrencyVue. Launched in 2015, CurrencyVue reportedly has been at the forefront of innovation within foreign exchange risk management, developing a unique… Read More

CrowdProperty Debuts AutoInvest Product

Peer to peer property lender CrowdProperty announced on Monday the launch of its new autoinvest product, which is supposed to help investors diversify quickly and easily without a platform or financial advisor fees. According to CrowdProperty: “CrowdProperty AutoInvest is a stress-free way to invest money across… Read More

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