Tagged: united kingdom

September 10, 2018 @ 3:36 pm By Samantha Hurst  |  

AI web app butterwire has successfully secured its initial £200,000 funding target from nearly 100 investors through its equity crowdfunding campaign on Crowdcube. According to butterwire, the app was launched in June 2018 and is described as professional research and portfolio analyst platform that may… Read More

September 10, 2018 @ 8:46 am By Samantha Hurst  |  

Augmentum Fintech plc (LSE: AUGM) announced on Monday it invested £2.5 million in Unmortgage as part of the UK-based startup’s £10 million seed funding round. Founded in 2016, Unmortgage describes itself as a company that offers a completely new way for people to get on “the… Read More

September 7, 2018 @ 10:29 pm By Samantha Hurst  |  

MacRebur, a UK-based company that uses waste plastics to create strong, longer-lasting roads, has successfully secured its initial £1.5 million funding target through its latest equity crowdfunding campaign on Seedrs. The campaign recently launched, just a little over a year and a half after MacRebur secured £1,274,140 through its… Read More

September 7, 2018 @ 9:10 am By JD Alois  |  

According to Electroneum, more than one million people have now downloaded their mobile cryptocurrency mining app on the Google Play store. Electroneum says their app enables users to mine and transfer its digital currency, ETN, through their phones Electroneum says it is one of only 25,271… Read More

September 7, 2018 @ 8:06 am By JD Alois  |  

COMPEON, a full-service commercial financing provider that connects businesses to both traditional banks and Fintechs, has created a new “digital link” with online lender iwoca to provide access to speedier loans. COMPEON, based in Düsseldorf, says this steps up the existing partnership between the finance portal… Read More

September 6, 2018 @ 7:00 pm By Alexander Dunaev  |  

Wonga enjoyed a meteoric rise to fame. The company achieved £300 million of revenue in 2012, just six years after it was founded. Managing growth of this nature is enormously challenging and one doesn’t need to look far to spot similar issues at other warp… Read More

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