Tagged: united kingdom

August 10, 2018 @ 9:00 pm By Samantha Hurst  |  

UK fintech Glint announced on Friday it has decided to extend its equity crowdfunding campaign on Crowdcube. The extension news comes just after the funding round secured more than from £1.6 million from nearly 1,000 investors. As previously reported, Glint is on a mission to reintroduce… Read More

August 9, 2018 @ 10:04 pm By Samantha Hurst  |  

EXMO, a UK-based cryptocurrency exchange operating in multiple fiat and cryptocurrency pairs, announced on Thursday it has expanded its list of accessible trading instruments for active traders and announces the addition of the Cardano (ADA) cryptocurrency to its listing. According to EXMO, users of the platform… Read More

August 9, 2018 @ 9:27 am By Samantha Hurst  |  

Daisy Green Collection, an Antipodean group that has nine central London locations that serve artisan coffee, Aussie brunch, craft beers, and cocktails, closed its equity crowdfunding round on Crowdcube yesterday with more than £2 million secured. The campaign was launched last month and quickly raised… Read More

August 8, 2018 @ 3:47 pm By Samantha Hurst  |  

Following the recent changes on its marketplace lending platform, UK-based LendInvest announced the launch of an exclusive five-year fix product through the lender’s Buy to Let Club. The lender reported that the product is Designed for landlords who wish to utilize a higher fee, lower… Read More

August 8, 2018 @ 8:21 am By Samantha Hurst  |  

Less than six months after securing £679,085 through its equity crowdfunding campaign on Seedrs, London-based peer-to-peer lender and invoice finance provider Investly announced it has opened its platform to help partners such as banks, working capital providers, e-invoicing platforms and retail/wholesale marketplaces serve their business customers the financing they need. As… Read More

August 7, 2018 @ 3:54 pm By Samantha Hurst  |  

UK-based marketplace platform for mortgages LendInvest recently announced it has removed its debenture and floating charge to its Buy-to-Let (BTL) loan product. The online lender reported that it will no longer require a debenture or floating charge on limited company applications. According to LendInvest, as part of its… Read More

August 7, 2018 @ 3:44 pm By JD Alois  |  

Transferwise, a stealth bank in the making, has added US Bank information to its platform thus mirroring what is already available for their European, UK and Australian users. If you are interested, creation of a borderless account for existing users takes less than a minute…. Read More

August 7, 2018 @ 2:32 pm By Samantha Hurst  |  

Daisy Green Collection, an Antipodean group that has nine central London locations that serve artisan coffee, Aussie brunch, craft beers, and cocktails, has successfully secured nearly £2 million through its equity crowdfunding campaign on Crowdcube. The campaign is set to close later this week, which… Read More

August 7, 2018 @ 10:09 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has initiated a new consultation that is going beyond the UK borders when it comes to Fintech innovation. Announced today, the FCA has created the Global Financial Innovation Network (GFIN). The multinational group includes regulatory agencies from the US,… Read More

August 6, 2018 @ 10:32 am By Samantha Hurst  |  

UK-based challenger bank Monzo announced on Monday it has made its accounts available to anyone in the UK aged 16-17 years old. According to the fintech, the accounts are not minimalist versions of its account with the training wheels on – they’re the same accounts… Read More

August 6, 2018 @ 9:59 am By JD Alois  |  

Peer to peer lender Zopa is now helping commuters pay for their travelcard in the UK. In a brief note last week, the UK’s largest consumer online lender announced that it has partnered with CommuterClub to provide loans for annual season tickets. The value for… Read More

August 5, 2018 @ 9:15 am By JD Alois  |  

Coinbase users in the UK can now swap British Pounds (GBP) for crypto, according to Coinbase UK CEO Zeeshan Feroz.  This applies to Coinbase Pro users and Coinbase Prime (institutions) customers as well, thus enabling faster payments with same day deposits and withdrawals from Coinbase… Read More

August 3, 2018 @ 11:17 am By JD Alois  |  

Zopa has raised additional money in a new funding round. The peer to peer lending announced a raise of £44 million to help pay for its expansion and push into new services. Zopa will use the latest round of investment towards the capital needs for the… Read More

August 3, 2018 @ 9:12 am By JD Alois  |  

Raisin UK, a successful European Fintech that provides a marketplace for consumers to earn more money on their savings, has partnered with digital challenger bank Starling Bank. According to Raisin, under a strategic partnership between the two companies, all new customers of Raisin UK will… Read More

August 2, 2018 @ 9:26 am By Samantha Hurst  |  

UK fintech MarketInvoice announced on Thursday it has formed a partnership with Barclays. The duo is collaborating with a mission to transform the way small and medium enterprises (SMEs) in the UK manage cash flow and accelerate growth. As part of the partnership, Barclays has… Read More

August 2, 2018 @ 7:46 am By JD Alois  |  

Investment crowdfunding platform Crowdcube is reporting strong numbers for Q2. According to the platform, 58 businesses raised £47.4 million during the quarter. In aggregate since platform launch in 2011, Crowdcube says that £490 million has been invested via their platform. Providing additional insight into their… Read More

August 1, 2018 @ 12:06 pm By JD Alois  |  

Downing Crowd has successfully raised £1.2 million in a bond offering to fund a small-scale wind turbine site in Scotland, owned and operated by C&G Renewables Limited. The £1.2 million raise will support the day-to-day operation of the wind turbines. Investors that backed the project will… Read More

August 1, 2018 @ 10:40 am By JD Alois  |  

UK based Crowd2Fund, a peer-to-peer crowdfunding platforms, has added artificial technology (AI) to its platform to help mitigate loan default risk, according to a note from the company. Earlier this year, Crowd2Fund began working with InDebted, an Australia-based Fintech company to provide advanced collection strategies… Read More

July 31, 2018 @ 11:00 am By Samantha Hurst  |  

On Tuesday, UK-based challenger bank Monzo announced it has recently set up a small customer support team in Las Vegas. The team was created to help Monzo scale its customer service as it grows, without relying on its team in the UK to work unsociable… Read More

July 30, 2018 @ 11:40 am By Samantha Hurst  |  

UK-based Propifi has launched an equity crowdfunding campaign on Crowdcube to raise £250,000 for its peer-to-peer property crowdfunding platform. Founded earlier this year, Propifi stated it is bringing a new, easy to use, peer to peer commercial lending platform to market, providing much-needed bridging finance… Read More