Tagged: united kingdom

December 27, 2018 @ 1:43 pm By Samantha Hurst  |  

Ant Financial Services Group (Ant Financial), a China-based tech company and the operator of Alipay, is reportedly in talks to acquire UK payments firm, WorldFirst, for $700 million. According to Sky News, Ant Financial has been in talks to purchase WorldFirst for the past several months. … Read More

December 27, 2018 @ 8:45 am By Samantha Hurst  |  

UK-based plug socket brand Den is set to close its latest equity crowdfunding campaign on Seedrs with more than 1.2 million secured from nearly 560 investors. The latest funding round comes just a little more than six months after Den raised more than £1.1 million through… Read More

December 26, 2018 @ 6:07 am By Cali Haan  |  

Over 340 British crypto companies have folded this year (up from 139 last year) says British news outlet Sky News. And thanks to bad timing, some inexperienced and over-leveraged crypto investors – members of the general public – have even lost their marriages and homes:… Read More

December 24, 2018 @ 10:14 am By Samantha Hurst  |  

Peer to peer lender Lending Works is wrapping up 2018 by celebrating the platform’s greatest achievements during the past twelve months. The online lender celebrated five major milestones throughout the year. “As 2018 draws to a close, with our bellies full of Christmas turkey, it’s only natural… Read More

December 24, 2018 @ 9:42 am By Samantha Hurst  |  

UK tech startup Verv has successfully secured more than £1 million through its latest equity crowdfunding campaign on Crowdcube. The round, which was recently extended, originally sought to raise £350,000 and has attracted nearly 565 investors.  As previously reported, Verv has developed an intelligent energy assistant which… Read More

December 23, 2018 @ 10:45 pm By Samantha Hurst  |  

Thomas & Scott, a UK-based sparkling wine brand, is set to close its equity crowdfunding campaign on Crowdcube with more than £1 million in funding from nearly 350 investors. The funding round was launched last month and quickly raised its initial £300,000 funding target. The… Read More

December 21, 2018 @ 3:00 pm By Samantha Hurst  |  

Just two years after securing £625,744 through its first equity crowdfunding campaign on Seedrs, UK-based bicycle retailer Velorution has returned to the funding portal to raise an additional £400,000. As previously reported, Velorution describes itself as one of London’s leading premium urban cycling retailers. It is looking to… Read More

December 21, 2018 @ 12:00 pm By Samantha Hurst  |  

UK tech startup Verv announced earlier this week it has extended its latest equity crowdfunding campaign on Crowdcube. The initiative, which originally sought to raise £300,000, comes less than a year after the company raised £1.1 million through its previous Crowdcube campaign.  As previously reported, Verv was launched in 2014 and stated… Read More

December 21, 2018 @ 7:20 am By JD Alois  |  

Real estate crowdfunding platform Property Partner is reporting gains of up to 43% for investors in two properties. The company says the sale of the properties are the first assets to be sold by Property Partner since it launched as a property investment platform in January 2015. The first property, a one-bedroom… Read More

December 20, 2018 @ 1:24 pm By JD Alois  |  

CrowdProperty, a UK based peer to peer property lender, reports that it has now paid out more than £1,000,000 in interest to lenders. In a total, £12,000,000 has been returned to investors including principle. CrowdProperty states that it has continued an unblemished record of returning… Read More

December 20, 2018 @ 7:48 am By Samantha Hurst  |  

UK-based fintech Flux announced on Wednesday it secured $7.5 million through its Series A round, which was led by e.ventures, a global venture capital firm which has previously backed Farfetch, Sonos and Groupon, along with participation from existing investors PROfounders and Anthemis. Founded in 2016, Flux is… Read More

December 19, 2018 @ 7:37 am By JD Alois  |  

Earlier this week, the Financial Conduct Authority (FCA) announced a plan to “fix a dysfunctional market” when it comes to overdraft fees. In 2017, banks generated over £2.4 billion from overdrafts alone, with around 30% from unarranged overdrafts. These fees typically came from individuals who… Read More

December 18, 2018 @ 9:47 am By Samantha Hurst  |  

Albert, a UK-based bookkeeping mobile app, announced on Tuesday it has been acquired by banking group, Santander. Founded in 2014, Albert describes itself as the “brainchild” of the created of award-winning mobile apps such as NatWest, RBS, and the BBC. The app provides customers with a… Read More

December 18, 2018 @ 9:23 am By Samantha Hurst  |  

B-Social, a UK-based fintech that has created a banking mobile app, has successfully secured £3.2 million through its latest seed funding round. Founded in 2016, B-Social describes itself a company that is developing innovative services for a “new generation of customer.” The company explained: “Our mission is… Read More

December 18, 2018 @ 8:51 am By JD Alois  |  

Patisserie Holdings PLC has partnered with Yoyo a mobile payments and loyalty platform, to introduce mobile payments and the Yoyo powered app experience to Patisserie Valerie customers. Patisserie Valerie was first launched in London’s Soho in 1926 by Belgian-born Madame Valerie, and specializes in handmade cakes,… Read More

December 17, 2018 @ 4:25 pm By Samantha Hurst  |  

Goldex, a UK-based trading technology platform that allows users to invest in physical gold, announced last week it secured more than £1 million through its pre-series A round, which was reportedly led by a group of prominent angel and institutional investors in the financial, payment and… Read More

December 17, 2018 @ 2:50 pm By JD Alois  |  

Electric car concept Uniti is promoting their “Brexit proof” approach and green cred as the company’s most recent crowdfunding campaign continues on Crowdcube. Uniti recently touted its “bold strategic next step in sustainable electric vehicle production. The company is also expected to pursue “Mobility-As-A-Service” in… Read More

December 17, 2018 @ 9:51 am By Samantha Hurst  |  

UK based peer-to-peer lender RateSetter announced last week the results of its 2017-2018 financial year, which ended on March 31, 2018. The lending platform reported that revenues were up by 47% (which was £34.3 million) from the previous year (£23.4 million). The company noted that the… Read More

December 17, 2018 @ 8:07 am By JD Alois  |  

UK based Fintech Shieldpay has formed a partnership with Visa (NYSE: V) to provide card payments across peer to peer marketplaces and classified ad sites. Shieldpay said the partnership will open up the use of debit and credit cards to the £120 billion classified industry. Shieldpay reported… Read More

December 16, 2018 @ 11:25 pm By Samantha Hurst  |  

Abundance, a renewable crowdfunding platform that allows investors the opportunity to earn money while making the world a better place, has successfully secured more than £1.5 million through its equity crowdfunding campaign on Seedrs. The round was launched in October, originally seeking £1.2 million, with the platform reporting… Read More