Tagged: united kingdom

Payment & Marketing App Yoyo Adds Pre-Ordering Service in the UK

Yoyo, a mobile payment and marketing platform, has announced a partnership with digital ordering firm Preoday to create a way for retailers to provide pre-ordering services across the UK. Yoyo says it will integrate Preoday’s order ahead solution, enabling customers to pre-order within the Yoyo… Read More

Emoov Returns to Crowdcube & Quickly Secures £1 Million Funding Target

Less than three years after securing £2.5 million through its first Crowdcube funding round, online real estate agency, eMoov, has returned to the equity crowdfunding platform and quickly secured its initial £1 million funding target in less than 24 hours after launching. The campaign’s debut comes just after… Read More

LendInvest’s 2017 Financial Year Results Report Strong Growth & Remains Profitable

UK marketplace platform for mortgages, LendInvest, announced on Tuesday its 2017 financial results, with the year ending on March 31st. The platform reported that the results revealed strong growth across all key metrics. LendInvest revealed that it currently manages more than  £820 million ($1.1 billion) on… Read More

Global Payments Platform PaySend Secures $20 Million Through Latest Funding Round Led By MARCorp Financial

PaySend, a UK-based global payments platform, announced on Tuesday it secured $20 million through its latest funding round, which was led by investment firm MARCorp Financial. Founded in 2015, PaySend describes itself as a UK fintech company and payments disruptor on a mission to change how money… Read More

Click & Collect Service SwipeStation Surpasses £400,000 Through Seedrs Funding Round

SwipeStation, a click and collect service that allows users to create an order from anywhere in sports stadiums and is proven to reduce service time at the bar from more than a minute to under 15 seconds, has successfully raised more than 400,000 through its… Read More

Lending Works Analyzes Economy, Fintech, & P2P Two Years After Brexit Vote

Following the two year anniversary of Brexit, UK peer-to-peer lender Lending Works analyzed the economy, fintech, and peer-to-peer lending industry following the historic EU referendum. The online lender revealed: “Last week marks two years since the historic EU referendum, which saw the British people stun… Read More

UK Government Ups Crowdfunding without Prospectus to €8 Million – Matching Germany

In a significant policy move by the UK government, the threshold for investment crowdfunding has been upped to €8 million thus matching the recent change by Germany which announced the same funding limit. This increase is due to a change in the Prospectus Directive. In the… Read More

Update: Polysolar Announces Additional Syndicate Investment & Extends Crowdcube Funding Round

Polysolar, a UK-based cleantech company who make windows that generate electricity, announced on Monday it secured an additional syndicate investment from Green Angel Syndicate (GAS) and has decided to extend its equity crowdfunding campaign on Crowdcube, which is quickly approaching £1 million in funding. The campaign… Read More

Zopa Announces £1.5 Million Profit; Revenues Raise By 40% to £46.5 Million

Peer-to-peer lending platform Zopa announced on Monday its 2017 profit after tax of £1.5 million for its online lending business. According to the Fintech, 2017 was a year of strong and sustainable growth, with the year’s revenue being £46.5 million – an increase of 40%… Read More

Hacked: Monzo Says Typeform Breach Impacted Some User Data

Digital challenger bank Monzo reported on Friday that Typeform, a company they have utilized for user surveys, experienced a data breach that impacted some of their users. Tom Blomfield, CEO of Monzo, published a post on the Monzo blog outlining the attack. Monzo was quick… Read More

Update: Polysolar Nears £1 Million During the Final Week on Crowdcube

With its equity crowdfunding campaign on Crowdcube set to close next Friday, UK-based cleantech Polysolar is now nearing £1 million thanks to more than 1140 investors. As previously reported, Polysolar was established in 2007 and has developed, along with commercialized, transparent photovoltaic glass technology. Polysolar is… Read More

Health Food Brand Aduna Returns to Seedrs: Now Seeking £300,000 in Funding

Just a few months after securing £471,630 through its first equity crowdfunding campaign on Seedrs, health food brand Aduna has returned to the funding portal seeking an additional £300,000 in funding. As previously reported, Aduna was founded in 2012 by Nick Salter and Andrew Hunt. The company… Read More

Overfunding: Jewelry Brand Ingle & Rhode Surpasses £300,000 Funding Target on Crowdcube

Ingle & Rhode, a jewelry brand that offers certified Fairtrade and conflict-free fine jewelry direct to its consumers, has successfully secured its initial £300,000 funding target on Crowdcube. The crowdfunding campaign was launched earlier this month and so far has attracted more than 200 investors. As previously… Read More

London Fintech Trezeo Now Seeking £400,000 on Seedrs to Launch Income Smoothing Business Account Product

Trezeo, a UK-based fintech startup that’s focused on delivering financial stability to the self-employed, announced on Thursday the launch of its equity crowdfunding campaign on Seedrs. The company is now seeking £400,000 to help fully launch its income smoothing business account product and kickstart its growth… Read More

UK Building Society Nationwide Announces £50 Million Fintech Venture Fund

Nationwide, a UK-based building society, announced on Wednesday the launch of its new £50 million fintech venture fund to support its future technology strategy. The company reported it is prioritizing new partnerships that deliver benefits to members over profit alone, as it challenges startups to… Read More

UK Fintech ipushpull Appoints Former Goldman Sachs EMEA CIO Damian Sutcliffe As Advisor

UK-based fintech firm ipushpull announced on Wednesday it has appointed Damian Sutcliffe as its new advisor. Sutcliffe served for more than 20 years at Goldman Sachs and was the EMEA CIO, Head of Regulatory Architecture and Global Head of Enterprise Data before retiring. ipushpull reported… Read More

Infosys Finacle Set to Power Santander UK’s International Cash Management System

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NYSE: INFY), announced on Tuesday it has teamed up with Santander UK to launch a new inter-bank management system for Santander UK corporate customers. According to Infosys Finacle, Santander will introduce an inter-bank cash management portal to… Read More

Cleantech Polysolar Secures More Than £800,000 Through Crowdcube Funding Round

Polysolar, a UK-based cleantech company who make windows that generate electricity, has successfully raised more than £800,000 through its equity crowdfunding campaign on Crowdcube. The funding round was launched earlier this month, originally seeking £750,000. Established in 2007, Polysolar has developed and commercialized transparent photovoltaic… Read More

UK P2PFA Responds to Criticism Leveled by LendingCrowd Regarding Change in Loan Data Requirements

Last week, LendingCrowd CEO and cofounder Stuart Lunn published a pointed blog post addressing recent changes to the “operating principles” as set forth by the UK Peer to Peer Finance Association (P2PFA). LendingCrowd is currently not a member of the P2PFA. Lunn stated in the post;… Read More

EdTech Firm MarcoPolo Learning Now Seeking £1 Million Through Seedrs Funding Round

MarcoPolo Learning, a UK-based edtech firm, is now seeking £1 million through its equity crowdfunding campaign on Seedrs. Founded in 2012, MarcoPolo Learning describes itself as a rapidly growing online children’s educational technology and media company. The company reported that its products, which are for early learning to… Read More

Send this to a friend