Tagged: united kingdom

March 3, 2019 @ 8:13 pm By Samantha Hurst  |  

UK-based peer-to-peer lending platform Assetz Capital reported last week that its 90-day Access Account secured £10 million during the first week of launch.  According to AltFi, Assetz Capital’s Access Account targets returns of 5.75% a year, adds that investors can also take advantage of 1%… Read More

March 2, 2019 @ 8:04 pm By JD Alois  |  

The UK Financial Conduct Authority (FCA) has appointed its very first Director of Innovation.  According to a tweet by the financial regulator, Nick Cook has been selected to take over the new role. We’re delighted to announce that Nick Cook has been appointed as our… Read More

March 1, 2019 @ 11:15 pm By Samantha Hurst  |  

Less than two years after its second equity crowdfunding campaign on Seedrs, chili sauces and cooking pastes Company Mr. Singh’s has returned to the funding portal and has already secured its initial £50,000 funding target. As previously reported, Mr. Singh is described as a family-owned… Read More

March 1, 2019 @ 8:33 am By Samantha Hurst  |  

MoveGB, an online fitness marketplace, will be closing its highly successful equity crowdfunding round on Crowdcube with nearly £1.3 million in funding. The round, which was launched last month to originally raise £1 million, has attracted more than 1100 investors. Founded in 2013, MoveGB describes… Read More

February 28, 2019 @ 9:31 am By JD Alois  |  

Crowdfunding platform SyndicateRoom is reporting that their EIS friendly fund “Fund Twenty8” has invested in 32 UK startups ahead of schedule. The passive investment vehicle that enables investors to gain access to a diversified portfolio of early-stage firms has injected £3.2 million in the companies…. Read More

February 28, 2019 @ 8:58 am By JD Alois  |  

Equity crowdfunding platform and secondary trading marketplace Seedrs has posted a survey on Brexit. The fast-approaching divorce with the European has policymakers concerned around the world. The many known unknowns creates additional risk for the UK – an economy that has been small business friendly… Read More

February 28, 2019 @ 8:14 am By JD Alois  |  

Online property lender LendInvest has formed a new partnership with buy-to-let mortgage distributor TBMC to offer its loans through the specialist packager’s broker panel.a According to the TBMC website, the company has operated in the buy-to-let and commercial mortgage markets since 1989. They are specialists… Read More

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

Jaja Finance, a UK-based fintech startup, announced on Thursday it has seen its customer waitlist grow to over 6,000 people following the closing of its highly successful crowdfunding campaign on Seedrs, which raised £4,957,534 in total. As previously reported, Jaja Finance was founded in 2016 and is… Read More

February 27, 2019 @ 9:26 am By Samantha Hurst  |  

UK-based fintech Curve announced on Wednesday it has introduced a new purchase protection policy that can reimburse supported claims within 24-hours on eligible purchases of up to £100,000 made with a Curve card. According to Curve, the Curve Purchase Protection Policy covers all credit and debit card… Read More

February 27, 2019 @ 9:24 am By JD Alois  |  

Orca Money is finally launching its long-anticipated Innovative Finance ISA (IFISA). Orca’s spin on the savings vehicle allows investors to spread their money across multiple peer-to-peer lenders (P2P) thus providing a heightened degree of diversification. Additionally, Orca Money conducts due diligence on behalf of IFISA investors…. Read More

February 26, 2019 @ 3:11 pm By Samantha Hurst  |  

UK-based fintech Curve celebrated the first anniversary of its launch across 27 European countries. As previously reported, Curve is on a mission to simplify the way people spend, send, see and save money. “We are focused on an ambitious opportunity fuelled by a couple of trends starting to play… Read More

February 26, 2019 @ 8:00 am By JD Alois  |  

CrowdProperty, a UK based peer to peer lender, is reporting a couple of milestones. Following the funding of the 70th project, CrowdProperty says it has now funded 500 UK homes worth more than £80 million. The P2P lender says over £30 million has been lent… Read More

February 25, 2019 @ 3:50 pm By Samantha Hurst  |  

UK banking group NatWest announced last week it has opened a new digital branch in Leeds Victoria. According to NatWest, the digital store gives customers the space and opportunity to complete their banking online in a secure environment, with staff to help with more complex or technical issues…. Read More

February 24, 2019 @ 6:40 pm By JD Alois  |  

In the past week, Crowdcube has issued a request to change the Nominee terms for Monzo, a digital-only challenger bank that has gained Unicorn status. Monzo has crowdfunded several times on Crowdcube. The most recent crowdfunding round saw the Fintech raise £2 million in just two… Read More

February 22, 2019 @ 10:01 pm By Samantha Hurst  |  

MoveGB, an online fitness marketplace, is set to close its equity crowdfunding round on Crowdcube with more than £1.2 million in funding. The campaign was launched last month, with a funding target of £1 million. As previously reported, MoveGB was founded in 2013 and has more than… Read More

February 22, 2019 @ 5:15 pm By JD Alois  |  

ClearBank, a challenger clearing bank (the UK’s first new clearing bank in more than 250 years), has been awarded a grant from the RBS Alternative Remedies Package of £60 million. The grant is one of three from Pool A of the Capability and Innovation Fund that forms… Read More

February 22, 2019 @ 9:08 am By Samantha Hurst  |  

UK banking platform Starling Bank announced on Friday it has been awarded a £100 million grant from the Capability and Innovation Fund (CIF). According to Starling Bank, the grant comes from a £775 million fund created as a condition on RBS for accepting £45 billion bailout… Read More

February 22, 2019 @ 2:36 am By JD Alois  |  

Nik Storonsky, the CEO and co-founder of digital bank Revolut, has told the UK Government to create specialised tech visas for professionals to ameliorate growing concerns of Brexit fallout. Revolut said it plans on doubling its workforce in the coming months as it expands services and… Read More

February 21, 2019 @ 9:46 am By Samantha Hurst  |  

Capitalise.com, the FCA regulated financial marketplace for accountants announced on Thursday it secured £3.5 million through its Series A investment round, which was led by QED Investors and supported by existing investor Hambro Perks, as well as Gauss Ventures. Founded in 2014, Capitalise.com stated it helps… Read More

February 21, 2019 @ 6:43 am By Erin Hobey  |  

JIVR, a UK-based foldable, electric and chainless bike brand, is closing in on €850,000  on its Seedrs equity crowdfunding campaign goal, having raised over €693,630 from more than 145 investors. Funding will be used to establish a comprehensive sales channel mix of B2C, B2B and… Read More