Tagged: united kingdom

January 7, 2019 @ 10:48 am By Samantha Hurst  |  

Loot, a UK-based digital bank startup, has reportedly received an investment from the Royal Bank of Scotland (RBS). According to FT, RBS has taken a 25% stake in the startup as it prepares to launch a new digital bank. The investment was made on behalf of… Read More

January 7, 2019 @ 7:30 am By JD Alois  |  

Seedrs, a leading UK based investment crowdfunding platform, has provided some additional detail into their performance during 2018. Last week, CI reported that Seedrs has now topped £500 million in investment since platform launch. Money raised has backed 720 deals listed on Seedrs. For 2018,… Read More

January 6, 2019 @ 11:16 pm By Samantha Hurst  |  

Vesta, a UK-based online marketplace for buying & selling income generating, residential investment property, has successfully secured its initial £750,000 funding target from nearly 100 investors through its equity crowdfunding campaign on Seedrs. Founded in 2016, Vesta describes itself as a new, innovative online marketplace for buying,… Read More

January 6, 2019 @ 11:08 pm By Samantha Hurst  |  

Boat marketplace platform, Borrow A Boat, is set to close its equity crowdfunding campaign on Crowdcube with more than £1.45 million in funding. The funding round was launched in November, originally seeking £1 million, and has so far attracted more than 500 investors. As previously reported, the Borrow… Read More

January 4, 2019 @ 11:16 am By Samantha Hurst  |  

MyCarNeedsA.com, a comparison website that drivers use for all their car aftercare needs including car repair and maintenance, has successfully secured its initial £900,000 funding target through its equity crowdfunding round on Seedrs. The campaign, which was launched November, has attracted more than 200 investors. As previously reported, MyCarNeedsA… Read More

January 4, 2019 @ 10:27 am By JD Alois  |  

Digital bank Monzo is preparing to cross the Atlantic and enter the US market, according to a report in Techcrunch. “Multiple sources” have substantiated the rumblings of Monzo’s pending US expansion. This should come as no surprise to many as several other digital banks, such… Read More

January 4, 2019 @ 9:28 am By Samantha Hurst  |  

Digital challenger bank Monese is celebrating the new year by reflecting on 2018 successes and revealing plans for 2019. As previously reported, Monese is licensed and regulated by the UK Financial Conduct Authority (FCA). It describes itself as an award-winning banking account that users can open instantly… Read More

January 4, 2019 @ 7:18 am By JD Alois  |  

Online property lender LendInvest is reporting their best month ever in December. According to the platform, £83 million was lent for UK properties during the month. LendInvest receives the backing of both retail and professional investors. LendInvest said the record-breaking amount of originations was fueled by several changes… Read More

January 3, 2019 @ 10:09 pm By JD Alois  |  

Fintech, or financial innovation, is pervasive within the financial services industry. Innovation has always existed in this sector of business but the advent of the internet combined with the creativity of risk taking entrepreneurs has engendered an accelerated period of disruptive change in finance. Think about… Read More

January 3, 2019 @ 9:42 pm By Samantha Hurst  |  

SkinnyBrands, a UK-based alcohol brand, has successfully secured its initial £400,000 funding target through its equity crowdfunding campaign on Seedrs. Founded in 2015, SkinnyBrands was founded by entrepreneurs Tom Bell and Gary Conway with a mission to create a range of “better-for-you” alcohol alternatives without “compromise.” “SkinnyBrands… Read More

January 3, 2019 @ 9:11 am By Samantha Hurst  |  

Online platform Proplend gave its 2018 peer-to-peer (P2P) property lending year in review. The lender listed the various accomplishments that the lending industry experienced in the past twelve months. The accomplishments are the following: Over £50 million lending now facilitated through the platform and over £100 million… Read More

January 2, 2019 @ 9:51 am By Samantha Hurst  |  

Uniti, the Sweden founded electric car manufacturer, has secured its initial £1 million equity crowdfunding target on Crowdcube. The round was launched last month and has attracted more than 1450 investors. The funding round is reportedly part of a larger €30 million round that is expected… Read More

January 2, 2019 @ 7:18 am By Cali Haan  |  

A freedom-of-information request filed by The Sunday Telegraph shows that four-fifths of 49 companies investigated by the UK’s Financial Conduct Authority (FCA) resulted in warnings about those companies being issued to the public. A total of 67 investigations into crypto operations have been launched by the FCA. 18 investigations are… Read More

December 31, 2018 @ 10:25 am By JD Alois  |  

In a blog post, UK crowdfunding platform Seedrs shared that it has now topped £500 million in investment crowdfunding. The money has been raised for 720 deals that have been successfully funded since the platform launched. Seedrs co-founder and Executive Chairman Jeff Lynn stated: “It’s… Read More

December 31, 2018 @ 8:27 am By Samantha Hurst  |  

Wishwallet, a UK-based e-commerce mobile app, is now seeking a minimum of £215,000 through its equity crowdfunding round on Crowdcube. Founded in 2017, the company describes itself as an early-staged startup that is aimed to revolutionizing the e-commerce industry. Wishwallet claims its mobile app will enable… Read More

December 30, 2018 @ 8:42 pm By Samantha Hurst  |  

QDOOZ, a UK-based life skills improvement platform, is set to close its equity crowdfunding round on Crowdcube with nearly 600,000 in funding secured. The round has attracted more than 100 investors since launching last month. As previously reported, QDOOZ describes itself as a digital platform that… Read More

December 28, 2018 @ 10:28 pm By Samantha Hurst  |  

Electronics company Samsung is currently seeking a UK trademark for its very own cryptocurrency wallet. The trademark was filed with the UK Intellectual Property Office on Thursday (December 27th). In the filing, Samsung reported that included with the crypto wallet are Smartphones; Tablet computers; Portable computers;… Read More

December 28, 2018 @ 9:40 pm By Samantha Hurst  |  

Financial service giant, Visa, is reportedly set to acquire Earthport, a UK-based cross-border payment service specifically for banks and businesses. The company reported through its service, clients are able to manage payments to almost any bank account in the world, as well as reduce cost and… Read More

December 28, 2018 @ 11:08 am By Samantha Hurst  |  

Wealth Migrate, a UK-based real estate crowdfunding platform, is now nearing £1.35 million through its equity crowdfunding campaign on Seedrs. The funding round, which has attracted more than 400 investors, was launched in November and quickly secured its initial £750,000 funding target. As previously reported, Wealth… Read More

December 28, 2018 @ 8:21 am By Samantha Hurst  |  

With less than two weeks until its equity crowdfunding campaign on Crowdcube comes to an end, Boat marketplace platform, Borrow A Boat, has successfully secured more than £1 million through the funding round from over 400 investors. As previously reported, the Borrow A Boat platform was launched in… Read More