Tagged: united kingdom

October 14, 2018 @ 10:22 pm By Samantha Hurst  |  

Argo, a UK-based provider of cryptocurrency mining services, announced on Friday that Bitcoin will be launched on its cryptocurrency mining platform on November 1st. Founded in 2015, Argo describes itself as a platform that enables customers to efficiently mine Ethereum and other altcoins from their own… Read More

October 14, 2018 @ 10:06 pm By Samantha Hurst  |  

UK-based crowdfunding brewery BrewDog is set to close its Equity For Punks V funding round on Crowdcube with more than £24.7 million. The funding round, which launched in August, originally had already attracted more than £20.6 million prior to launching on Crowdcube and was seeking £22… Read More

October 12, 2018 @ 7:36 am By JD Alois  |  

Chilango prominently issued a mini-bond on Crowdcube several years back. The “Burrito Bond, as it was called, raised £2.16 million from 748 smaller investors. The mini-bond, the first of its kind, was a perk incentivized security. For investors that purchased £10,000 or more of the… Read More

October 11, 2018 @ 9:25 pm By Samantha Hurst  |  

dv01, a platform that connects online lenders and investors with data management, announced on Thursday it has formed a reporting partnership with leading peer-to-peer (P2P) lender, Funding Circle. dv01 revealed that through its partnership with Funding Circle, institutional investors who use dv01 to conduct analysis… Read More

October 11, 2018 @ 10:51 am By Samantha Hurst  |  

Online lender ThinCats announced on Thursday it has appointed Kevin Steven as its new Director of Regional Business Development for South Yorkshire. According to ThinCats, Steven has more than 15 years’ experience in banking and corporate finance providing advice and access to innovative funding solutions to SMEs and… Read More

October 11, 2018 @ 10:36 am By Samantha Hurst  |  

Global payments platform Worldpay, Inc. announced on Thursday the launch of its new payout solutions that give multi-national e-commerce businesses more choices to disburse funds to partners and customers across country borders. The company reported that it is expanding the service to more than 50… Read More

October 11, 2018 @ 8:16 am By Samantha Hurst  |  

UK challenger bank Tandem announced on Thursday the launch of its new second credit product, which is called the Journey Card, available through an application through the bank’s website. According to Tandem, the Journey Card is considered a way for those who haven’t had credit before to build… Read More

October 10, 2018 @ 3:42 pm By JD Alois  |  

Digital only challenger bank Starling is expanding its “Banking-as-a-Service” and Payment Services offer. These are two white label banking services offered in the UK allowing other entities to provide retail banking services and make payments. Current  clients include Ditto, Raisin UK, and the Department for Work… Read More

October 10, 2018 @ 8:41 am By JD Alois  |  

The Chancellor of the Exchequer, Philip Hammond, is currently at the IMF Annual Meeting taking place in Bali. While at the meeting, the Chancellor is polishing the UK chops when it comes to innovations in Fintech. According to a note from HM Treasury, Hammond will position Britain… Read More

October 10, 2018 @ 7:57 am By JD Alois  |  

Growthdeck has listed an EIS compliant investment opportunity to back to eticketing hub WebTicketManager. According to the offering page, WebTicketManager is raising £557,000 for a 21% equity stake in the firm. Expectations are for an exit EBITDA multiple of 5X or an exit IRR of 68%… Read More

October 9, 2018 @ 4:38 pm By Samantha Hurst  |  

Hill and Friends, a UK-based handbag brand, is now seeking £655,000 through its equity crowdfunding campaign on Seedrs. Founded in 2015, Hills & Friends is described as a contemporary luxury fashion brand that was founded by former creative and brand directors of Mulberry, Emma Hill CBE and… Read More

October 9, 2018 @ 9:45 am By JD Alois  |  

The Fintech Sandbox set up by the Financial Conduct Authority in the UK has now been in operation for the past two years. The trailblazing project has since been replicated multiple times around the world. The concept was simple: create a safe haven for Fintech… Read More

October 8, 2018 @ 7:35 pm By JD Alois  |  

Mr & Mrs Smith has closed its crowdfunding round on Crowdcube at over £6.2 million raised. The company said it ended its campaign earlier than anticipated due to investor demand. Mr & Mrs Smith is the first crowdfunding campaign in the UK to take advantage… Read More

October 8, 2018 @ 7:10 pm By JD Alois  |  

Challenger bank Starling Bank is now offering on demand insurance for your smartphone. According to Starling, users may purchase insurance from so-sure via the Starling app marketplace. Insurtech so-sure is said to offer fast, reliable and simple mobile phone insurance in a market that is… Read More

October 5, 2018 @ 9:50 pm By Samantha Hurst  |  

Just days after surpassing its £600,000 equity crowdfunding target on Seedrs, Smarterly, a UK-based platform that is seeing to help users save and invest directly from payroll, has successfully secured more than £1.3 million from nearly 430 investors. As previously reported, Smarterly stated it aims to turn the… Read More

October 5, 2018 @ 12:00 pm By Samantha Hurst  |  

Less than a year after successfully securing nearly £1 million through its equity crowdfunding campaign on Crowdcube, social trading app Pelican has launched a new funding round on Seedrs and quickly raised its initial £300,000 funding target. As previously reported, Pelican claims it is the only… Read More

October 4, 2018 @ 3:00 pm By Samantha Hurst  |  

Peer to peer property lender CrowdProperty announced on  Thursday it has funded its 50th project. The latest milestone comes just a little over a month after CrowdProperty surpassed £20 million in funding for property projects. The 50th project raised £867,000 for a 24-bedroom House of Multiple Occupation… Read More

October 4, 2018 @ 9:52 am By Samantha Hurst  |  

Just days after publically launching its latest equity crowdfunding campaign on Crowdcube, digital banking solution goHenry has successfully secured more than £5 million from over 2100 investors. The funding round made its debut last month and quickly raised its initial £2 million before making its public launch. As previously… Read More

October 4, 2018 @ 8:09 am By Samantha Hurst  |  

Germany-based challenger bank N26 has officially launched in the UK in setting up an interesting battle between other competing digital banks. The Fintech reportedly issued its first British accounts on Thursday. The launch of the UK accounts comes just a few months after N26 announced it… Read More

October 3, 2018 @ 11:35 am By JD Alois  |  

Arcis Biotechnology is crowdfunding on Capital Cell now having already raised £1.25 million. The company is hoping to raise £1.75 million at a pre-money valuation of £18.2 million. Capital Cell “endorses” this company and has posted the following statement: “Arcis’ technology allows the extraction of… Read More