Tagged: united kingdom

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

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