Tagged: united kingdom

November 11, 2018 @ 8:11 pm By Samantha Hurst  |  

UK-based current accounting and tax platform Coconut has successfully secured more than £1 million in funding from over 1,000 investors through its equity crowdfunding round on Crowdcube. The campaign was launched earlier this month and quickly raised its initial £500,000 funding target.  As previously reported, Coconut describes… Read More

November 11, 2018 @ 1:30 pm By Cali Haan  |  

A Swedish man has been sentenced to 6 years in prison for sending a “viable” mail bomb to the Lond0n-based cryptocurrency exchange Cryptopay after an exchange employee refused to change the man’s password. Jermu Michael Salonen, 43, received an additional six months detention for mailing… Read More

November 9, 2018 @ 4:04 am By JD Alois  |  

Crypto exchange and ICO service platform trade.io has announced the acquisition of Primus Capital Markets UK Ltd, an FCA regulated entity that holds an “IFPRU 125K Matched Principal License.” The strategic acquisition is said to bolster trade.io’s position in Europe. Primus will be rebranded as TIO Markets and… Read More

November 8, 2018 @ 12:00 pm By Samantha Hurst  |  

UK-based company that uses waste plastics to create strong, longer-lasting roads, MacRebur, is now nearing 2.9 million through its latest equity crowdfunding round on Seedrs. This news comes just days after the company announced it was planning to close the funding round on November 14th. The… Read More

November 8, 2018 @ 11:46 am By JD Alois  |  

The “world’s first lifestyle insurance” firm, yulife, has raised £3 million. The funding round was led by LocalGlobe with participation from leading crowdfunding platform OurCrowd and AIG. yulife is scheduled to launch in the UK this week. yulife says it wants to make British companies… Read More

November 8, 2018 @ 7:06 am By Samantha Hurst  |  

LandlordInvest, a peer-to-peer lending platform for residential and commercial mortgages, is now seeking a minimum of £300,000 through its equity crowdfunding campaign on Crowdcube. Founded in 2014, LandlordInvest is a fully FCA authorized secured peer-to-peer lending platform and is an ISA manager. The online lender provides a marketplace… Read More

November 7, 2018 @ 7:01 pm By JD Alois  |  

Zopa, the UK’s largest consumer peer to peer lending platform, has closed on a £60 million funding round – its largest capital raise to date. This most recent funding round was partially announced back in August when Zopa reported it had raised £44 million. The new capital… Read More

November 7, 2018 @ 3:44 pm By Samantha Hurst  |  

The Bitfury Group, a UK-based full-service blockchain technology company, announced on Wednesday it has closed its $80 million USD private placement with global institutional and corporate investors. According to Bitfury, Bryan, Garner & Co. acted as sole financial advisor and placement agency of the syndication. The… Read More

November 7, 2018 @ 10:29 am By Samantha Hurst  |  

BlockEx, a UK-based blockchain startup, announced on Wednesday it now provides support for Stellar based digital assets across its trading exchange network. According to BlockEx, Stellar is an open-source protocol for exchanging money or tokens using blockchain technology. It uses Distributed Ledger Technology (DLT) to connect… Read More

November 7, 2018 @ 7:26 am By JD Alois  |  

Leading European VC group, Draper Esprit, has led a £8.5 million funding round in UK crowdfunding platform Crowdcube. According to a release by the company, Draper Esprit has taken a £6 million stake in Crowdcube. The funding round also saw the participation of Balderton Capital… Read More

November 6, 2018 @ 3:57 pm By Samantha Hurst  |  

Jaja Finance, a UK-based fintech startup, surpassed its initial £3 million funding target on equity crowdfunding platform, Seedrs. The funding round has attracted more than 750 investors. As previously reported, Jaja Finance was founded in 2016 and is on a mission to create “beautiful simplicity where there is… Read More

November 6, 2018 @ 3:27 pm By Samantha Hurst  |  

UK-based current accounting and tax platform Coconut has quickly secured its initial £500,000 funding target through equity crowdfunding platform, Crowdcube. Founded in 2016, Coconut describes itself as a current account that takes care of a user’s accounting and tax. The platform is designed specifically for freelancers,… Read More

November 6, 2018 @ 7:40 am By JD Alois  |  

Artificial Intelligence (AI) is creeping into every sector of the economy. Financial services is a huge beneficiary of AI as it has the potential to provide better services at a lower cost to many more people. In the recent Autumn Budget presentation by Chancellor Philip… Read More

November 6, 2018 @ 7:20 am By Samantha Hurst  |  

Nebeus, a UK-based fintech platform that is used for the consumption and creation of financial services and products, has successfully secured its initial £1.1 million funding target through its equity crowdfunding campaign on Crowdcube. The funding round has already attracted nearly 475 investors. As previously reported, Nebeus,… Read More

November 5, 2018 @ 9:39 am By JD Alois  |  

Uniti, an electric car that was developed in Sweden, is planning to raise capital on Crowdcube as it expands into the United Kingdom. In 2016, Uniti sold equity on FundedByMe a valuation of €9.8 million. The following year, Uniti launched a self-crowdfunding campaign that received the backing… Read More

November 5, 2018 @ 9:37 am By Samantha Hurst  |  

Kindaba, a UK-based private social media platform giving users full control of their data and network, is now seeking £300,000 through its equity crowdfunding campaign on Crowdcube. Founded in 2017, Kindaba reported that it is used by families all over the world to stay connected and the… Read More

November 4, 2018 @ 1:58 pm By Samantha Hurst  |  

99homes, a UK-based hybrid agency that provides a one-stop shop service for clients looking to either sell or rent their property, has successfully secured its initial £295,000 funding target on equity crowdfunding platform, Crowdcube. Located in London, 99home stated it offers a competitively online priced package… Read More

November 2, 2018 @ 9:58 pm By Samantha Hurst  |  

Fea, UK-based fintech that offers a mobile-first, fixed fee credit card, is now seeking £100,000 through its equity crowdfunding campaign on Crowdcube. The startup reported that it is on a mission to make borrowing “a better experience.” The company’s idea comes from its founder Faisal Khalid’s personal experiences, with $130,000… Read More

November 2, 2018 @ 12:00 pm By Samantha Hurst  |  

Prop-tech startup Brickowner has successfully secured its initial £150,000 funding target on equity crowdfunding platform Seedrs. The funding round is now nearing £220,000 thanks to more than 180 investors. As previously reported, Brickowner’s investment platform has reportedly experienced significant growth throughout 2018, even completing five raises totaling £4.9… Read More

November 1, 2018 @ 10:19 pm By Cali Haan  |  

Arthur Hayes, CEO of the Hong Kong-based Bitcoin-derivatives exchange BitMEX, has told an audience in London that the bear market for Bitcoin could last another 18 months, Yahoo Finance reports. “My view is the volatility environment that exists right now could persist for another 12 to… Read More