Tagged: united kingdom

Overfunding: Rise Art Surpasses £650,000 Funding Target on Crowdcube

With just a little over a week before its latest equity crowdfunding campaign is set to close on Crowdcube, online gallery marketplace Rise Art has successfully secured its initial £650,000 funding target.  The initiative has so far attracted nearly 250 investors.  As previously reported, Rise Art was founded… Read More

Tech-Foward Wellness App Urban Massage Secures More Than £2.6 Million Through Seedrs Funding Round

Urban Massage, a UK-based wellness app that books on-demand massage at home, has successfully secured more than £2.6 million through its equity crowdfunding campaign on Seedrs. The funding round recently launched, seeking a minimum of £2.5 million and has so far attracted nearly 400 investors…. Read More

Fintech Sancus Expands Operations in Ireland with New Hires

The Sancus BMS Group has expanded their business in Ireland with two new appointments from the property finance sector. According to Sancus, Michael Mooney has joined the Group as Managing Director of Sancus BMS (Ireland) Limited and Geoff Savage as Director of Lending. Sancus CEO Andrew… Read More

Cambridge Centre for Alternative Finance Publishes Document on Distributed Ledger Technology, Seeks to Provide Common Framework for Fast Emerging Blockchain Industry

Defining Distributed Ledger Technology Distributed Ledger Technology (DLT), also frequently referenced as blockchain, is a fast emerging sector of finance but also has the capacity to extend into other sectors of industry. Yet DLT is frequently misunderstood and regularly terminology is at odds across sector… Read More

Update: NovelTea Set to Close Latest Crowdcube Round With More Than £300,000 in Funding

UK-based premiere alcohol tea blend company Noveltea is now set to close its second equity crowdfunding on Crowdcube with more than £300,000 thanks to nearly 370 investors. The funding round, which was launched less than a year after Noveltea secured £217,800 through its first Crowdcube initiative,… Read More

BrewDog Continues Expansion: Opens New Location in Seoul’s Itaewon Region

Scottish crowdfunded brewery BrewDog announced earlier this week it has continued its global expansion with the launch of its first bar in Seoul, South Korea. According to the brewery, this new bar is located in the Itaewon region of the city. BrewDog reported that the Itaewon bar will… Read More

Update: Glint Secures More Than £1.6 Million & Extends Equity Crowdfunding Round on Crowdcube

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

Cryptocurrency Exchange EXMO Expands: Announces Addition of the ADA Cryptocurrency to Listing

thought-catalog unsplash Bitcoin Ethereum Cryptocurrency

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

Daisy Green Collection Completes Crowdcube Round With More Than £2 Million in Funding

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

LendInvest Debuts Exclusive Five-Year Fix Product Through Buy to Let Club

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

Following Seedrs Success, Investly Opens Invoicing Marketplace

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

LendInvest Product Changes: Removes Debenture & Reduces ICR Assessment Rates For Buy-to-Let Loans

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

PayPal Be Gone: Stealth Bank Transferwise Adds US Bank Details to Borderless Accounts

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

Update: Daisy Green Collection’s Equity Crowdfunding Campaign Nears £2 Million During the Final Days on Crowdcube

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

Fintech: UK Financial Conduct Authority Initiates Consultation on Global Financial Innovation, Partners with 12 International Regulators

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

Monzo Now Offering Accounts for 16-17 Year Olds

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

P2P Lender Zopa Funds CommuterClub Loans

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

Coinbase Caters to the Brits as British Pounds to BTC, ETH & More Now Available in the UK

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

Digital Bank: Zopa Raises £44 Million to Help Fuel Expansion, “Launching Our Bank is a Key Next Step”

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

Fintech Raisin Partners with Starling Bank

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

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