Tagged: united kingdom

August 23, 2018 @ 9:22 am By Samantha Hurst  |  

Andersen EV, a UK-based electronic vehicle charge point brand, quickly surpassed its initial £200,000 funding target through its equity crowdfunding campaign on Crowdcube. The funding round was launched earlier this week and is now nearing £265,000 thanks to nearly 30 investors. Founded in 2015, Andersen EV… Read More

August 23, 2018 @ 8:25 am By Samantha Hurst  |  

UK-based peer-to-peer lender Proplend recently announced the launch of its new Tranche A auto-lend facility, which allows Lenders that are participating on the property lending platform to now have an automated investing option that allocates their available cash to eligible loan parts. The facility also… Read More

August 22, 2018 @ 3:13 pm By Samantha Hurst  |  

Brilliant Bills, a UK-based personal and household financial productivity app to improve security, save time and money, is now seeking £350,000 through its equity crowdfunding campaign on Seedrs. The mobile app, which is designed to be secure, completely free, and totally private with unlimited, encrypted… Read More

August 22, 2018 @ 11:16 am By Samantha Hurst  |  

UK-based edtech startup Zzish is set to close its latest equity crowdfunding campaign on Crowdcube with more than £525,000 in funding from over 300 investors. The launch of this latest round comes just a little over a year after Zzish secured more than £1.3 million through its first… Read More

August 22, 2018 @ 8:51 am By JD Alois  |  

Revolut has announced the official launch of a new product. Revolut “Metal card” enables users to receive cash back in either cryptocurrency or fiat at a 1% rate outside Europe and 0.1% on transactions made in Europe. Revolut previously incorporated cryptocurrency options on their banking… Read More

August 21, 2018 @ 3:47 pm By Samantha Hurst  |  

UK-based fintech Curve announced on Tuesday it has appointed Alejandro Massalin as its new Head of Marketing. According to Curve, Massalin brings 20 years of marketing experience to the startup and will be uncharged of its user base, along with leading brand and marketing strategies…. Read More

August 21, 2018 @ 2:11 pm By JD Alois  |  

For the past few days, Revolut – a digital only challenger bank that has achieved unicorn status, has been teasing out a new announcement with a Twitter countdown. By tomorrow we will know more. Revolut has already revealed it is prepping the launch of a… Read More

August 20, 2018 @ 9:53 am By JD Alois  |  

Damson Global, a Yorkshire-based company that designs and produces consumer audio products, is raising a £100,000 24 month venture loan on Crowd2Fund. The investment opportunity comes with a steep 14% APR for investors. Damson was founded in 2012 by James Talbot, who was formerly the… Read More

August 20, 2018 @ 9:15 am By JD Alois  |  

Augmentum Fintech plc (LSE: AUGM) has announced an aggregate of £7 million of investment in three European Fintechs: Tide, Previse and DueDil. Tim Levene, CEO of Augmentum Fintech, said that since their IPO they have built an “exciting pipeline of fintech investment opportunities” and the… Read More

August 17, 2018 @ 11:55 am By JD Alois  |  

The UK Competition and Markets Authority (CMA), in collaboration with the Financial Conduct Authority (FCA), published a report this week that chastised banks for their poor service and lack of transparency. As part of an ongoing initiative to improve financial services for both consumers and… Read More

August 17, 2018 @ 7:57 am By JD Alois  |  

The Competition and Markets Authority (CMA), in conjunction with the Financial Conduct Authority (FCA), have demanded that traditional banks improve their services. The admonition comes following an independent survey of both personal and small business accounts that indicates banks are falling short when it comes… Read More

August 17, 2018 @ 6:55 am By JD Alois  |  

Crowdcube, a leading UK crowdfunding platform, has topped £500 million in “pledged investment” for listed early stage and growth firms. The company reports that half a billion pounds pledged has resulted in 700 successful funding rounds which include some high profile names. Crowdcube was founded… Read More

August 16, 2018 @ 4:54 pm By Cali Haan  |  

IT directors at 750 companies with 250 or more employees in the UK are reporting a steady increase in attempted “crypto-jacking” attacks on enterprise computer systems, with 30% of all companies reporting attacks in May, the month the survey was conducted. The findings were determined… Read More

August 16, 2018 @ 2:00 am By JD Alois  |  

Copper.co is now offering a custody solution for institutions investing in digital assets. The crypto portfolio management platform says it is offering the “industry’s first server less” co-sign custody solution. Copper management says it expands the crypto market by making transactions safer and less prone… Read More

August 15, 2018 @ 3:59 pm By Samantha Hurst  |  

Tuk Tuk Chai, a UK-based ready to drink beverage startup, quickly surpassed its initial £150,000 funding target within 24 hours through its equity crowdfunding campaign on Crowdcube. Founded in 2015, Tuk Tuk states that its beverages described as an infusion of black tea, whole spices and milk… Read More

August 15, 2018 @ 8:05 am By JD Alois  |  

The UK government has announced the names of three Fintechs that have won their “Rent Recognition Challenge.” The competition was simple: find a way to incorporate rent within credit scores to make it easier for renters to gain a mortgage. The three firms are: Bud:… Read More

August 14, 2018 @ 3:07 pm By Samantha Hurst  |  

On Tuesday, UK-based challenger bank Monzo announced the launch of its new product, joint accounts. This news comes just a little over a week after the fintech revealed new accounts specifically for 16-17-year-olds. Monzo reported that for the past month its joint accounts have been available… Read More

August 14, 2018 @ 2:17 pm By Samantha Hurst  |  

Short-term peer-to-peer lending platform Welendus has returned to equity crowdfunding platform Seedrs to raise £850,000 in funding. The lender’s latest initiative comes less than one year after it secured £208,898 through the funding portal.   As previously reported, Welendus was founded in 2015 and aims to re-define the short-term lending market by… Read More

August 14, 2018 @ 7:47 am By Chris Hancock  |  

The Financial Conduct Authority will Update Rules for Loan Based Crowdfunding. Crowd2Fund CEO Chris Hancock Shares His Perspective. The growth and success of P2P lending, and its positive effect on the UK economy, cannot be disputed. Initially starting out as curiosity during the depths of… Read More

August 13, 2018 @ 12:46 pm By Samantha Hurst  |  

UK-based fintech Flux recently announced it has formed a partnership with itsu, an Asian-inspired fast food shop and restaurant chain, to deliver paperless receipts. According to Flux, itsu are launching a Flux receipts trial across all stores in the UK in a push to continue driving a sustainable and… Read More