Tagged: united kingdom

September 6, 2018 @ 10:58 am By Samantha Hurst  |  

UK-based blockchain firm Stratis announced last week it has formed a partnership with online pharmacy, UK Meds, to help implement blockchain technology across its UK operations. Founded in 2017, Stratis claims it offers end-to-end solutions for development, testing and deployment of native C# blockchain applications… Read More

September 6, 2018 @ 9:00 am By Samantha Hurst  |  

UK-based peer-to-peer lending platform Welendus announced on Thursday the launch of an industry-first; it’s HMRC-approved Innovative Finance ISA (IFISA), which is set to allow investors to invest their annual ISA allowance in a flexible high return investment product, with no income tax on the interest… Read More

September 6, 2018 @ 8:48 am By JD Alois  |  

The UK government is organizing its next Fintech Mission – this time to Austria and Switzerland – scheduled to take place the 23-24 of January 2019. Following along the lines of previous Fintech Missions, DIT will be arranging meetings between aspiring Fintechs and banks, VCs,… Read More

September 6, 2018 @ 8:30 am By JD Alois  |  

Having previously announced support for British Pounds, Coinbase has announced it will introduce new trading pairs for Coinbase Pro. Beginning this Friday, Coinbase will offer exchanges in: ETH–GBP, ETC–GBP, LTC–GBP and BCH–GBP. Coinbase already supports Bitcoin to Pounds. Trading pairs will be launched in stages –… Read More

September 5, 2018 @ 4:33 pm By Samantha Hurst  |  

TruRating, a UK-based consumer insight firm that uses point of sale to collect mass, accurate feedback, is quickly nearing its £1.8 million equity crowdfunding target on Seedrs. The campaign, which was launched last month, has raised more than £1.7 million from nearly 200 investors. Founded in 2014, the… Read More

September 5, 2018 @ 1:29 pm By JD Alois  |  

This past spring, Arizona became the first US state to create its very own bespoke Fintech Sandbox thus replicating a successful program initially launched in the UK. Since the UK regulatory authorities launched their Sandbox, many countries have done the same. Arizona House Bill  2343 allows… Read More

September 5, 2018 @ 10:27 am By JD Alois  |  

This past week, HMRC released numbers on the relatively new Innovative Finance ISA (IFISA) that enables savers to invest in debt based crowdfunding offerings. The UK government indicated that IFISA participation had topped £290 million during the 2017/18 tax year, or 8 times more than… Read More

September 4, 2018 @ 7:15 pm By Samantha Hurst  |  

OneDox, a digital PA for household admin, is now seeking £750,000 through its equity crowdfunding campaign on Crowdcube. Founded in 2015, Onedox states it securely and automatically collects bills and works with users to ensure they never waste time or money. The company claims it is… Read More

September 4, 2018 @ 2:11 pm By JD Alois  |  

SyndicateRoom, a leading investment crowdfunding platform, has announced its intent to open up their early stage investment fund, Fund Twenty8, to new investors on September 11th. The fund enables individual investors to gain access to EIS investment opportunities (Enterprise Investment Scheme) in a diversified portfolio… Read More

September 4, 2018 @ 10:05 am By Samantha Hurst  |  

Jaja Finance, a UK-based fintech startup, announced on Monday the launch of its new mobile-first credit card, Jaja. According to Jaja Finance, the credit card, which is managed entirely through the Jaja app, is designed to liberate consumers by redefining the consumer experience, making credit cards simpler,… Read More

September 4, 2018 @ 8:36 am By JD Alois  |  

LendInvest, a leading online property finance platform, reports it has secured £150 million of “initial funding” in a new joint venture with Nomura, a global investment bank,  and Magnetar, an alternative investment manager. This new capital infusion now places LendInvest’s total capital for lending at… Read More

September 4, 2018 @ 8:13 am By Samantha Hurst  |  

Trezeo, a UK-based fintech startup that’s focused on delivering financial stability to the self-employed, has successfully secured its initial £400,000 funding target through equity crowdfunding platform Seedrs. The funding round was launched in late June and has attracted nearly 250 investors. As previously reported, Trezeo was founded… Read More

September 4, 2018 @ 7:54 am By JD Alois  |  

As in most parts of the world, smaller businesses drive the bulk of job growth in the UK. Over 99% of all UK businesses are SMEs employing 0-249 people and 96% (approximately 5.5 million) are micro-businesses employing up to 9 people, accounting for 33% of… Read More

September 3, 2018 @ 10:16 am By Samantha Hurst  |  

Just days after announcing the extension of its latest Equity for Punks campaign, Scottish brewery BrewDog launched its Equity for Punks V on equity crowdfunding platform, Crowdcube. The funding round, which already secured £21,043,355 directly under BrewDog’s prospectus, is seeking £22,000,000 in total.  As previously… Read More

September 3, 2018 @ 7:32 am By JD Alois  |  

The long rumored initial public offering (IPO) of UK based Funding Circle appears to be on track and moving forward with a listing on the London Stock Exchange later this year. In a blog post today, Funding Circle stated; “Today we have announced the next… Read More

September 2, 2018 @ 8:43 pm By Samantha Hurst  |  

Just a couple weeks after launching its latest equity crowdfunding campaign on Seedrs, short-term peer-to-peer lending platform Welendus has now secured nearly 1 million from more than 400 investors.  As previously reported, Welendus was founded in 2015 with a mission to redefine the short-term lending market by launching… Read More

September 1, 2018 @ 8:24 am By JD Alois  |  

A note from Zopa shares the fact that UK investors placed over £290 million into the relatively new Innovative Finance ISA or IFISA. The amount put in IFISAs by investors reached £290 million during the 2017/18 tax year, which is pegged at 8 times more than… Read More

August 31, 2018 @ 9:32 pm By Samantha Hurst  |  

Scottish brewery BrewDog announced earlier this week it is extending its latest Equity for Punks funding round to January 22, 2019. The campaign, which was originally set to close this October, originally sought to raise £10 million and has so far raised more than £19… Read More

August 30, 2018 @ 8:31 pm By Samantha Hurst  |  

UK-based fintech Glint completed its highly successful Crowdcube funding round with a total of £2,166,290 invested from 1659 investors. The funding round was launched in July and quickly surpassed its initial funding target of £1,250,000. As previously reported, Glint was founded in 2015 and is now on… Read More

August 30, 2018 @ 1:54 pm By JD Alois  |  

UK online lender Wonga has entered into the process of administration. According to a note provided by the Financial Conduct Authority, Wonga and its affiliates have decided to pursue bankruptcy proceedings and have enlisted the assistance of Grant Thornton whois  in the process of being appointed… Read More