Tagged: united kingdom

June 14, 2018 @ 7:16 am By Samantha Hurst  |  

On Thursday, equity crowdfunding platform Crowdcube announced one of its FundedClub members, Farmdrop, successfully secured 10 million through its Series B funding round, which was led byImpact Ventures. This news comes just a little over a year after the company raised £7 million through its Series… Read More

June 13, 2018 @ 7:49 pm By Samantha Hurst  |  

Funding Circle has announced that a new report produced by Oxford Economics revealed that lending through its platform unlocked 45,000 jobs in the UK in 2017. Globally this number jumps to 75,000 across all four of the Funding Circle markets. Overall, Funding Circle’s platform contributed £2.4… Read More

June 13, 2018 @ 6:41 am By Samantha Hurst  |  

On Wednesday, the UK government announced a new initiative that will allow those who want to start a business in the country to apply for a new “startup” visa. According to government officials, this new route, which was announced during London Tech Week, will widen… Read More

June 12, 2018 @ 4:00 am By JD Alois  |  

With Brexit top of mind, online mortgage lender LendInvest has become a fellow of the Luxembourg House of Financial Technology (LHoFT), the country’s leading Fintech innovation hub. LendInvest has had a presence in Luxembourg since 2014 when it established a Luxembourg fund. Now LendInvest will… Read More

June 11, 2018 @ 4:00 pm By Samantha Hurst  |  

Ingle & Rhode, a jewelry brand that offers certified Fairtrade and conflict-free fine jewelry direct to the consumer, is now seeking £300,000 through its equity crowdfunding campaign on Crowdcube. Founded in 2007, Ingle & Rhode creates engagement rings set with ethical diamonds and gems along with custom-made wedding… Read More

June 11, 2018 @ 2:00 pm By Samantha Hurst  |  

University Compare, a cross-platform higher education comparison service that helps universities and students connect, has successfully surpassed its initial £250,000 through its equity crowdfunding campaign on Seedrs. As previously reported, University Compare was founded in 2012 and displays university statistics, student reviews, and personalized choices to… Read More

June 11, 2018 @ 7:22 am By JD Alois  |  

EOS, by Block.one, is one of the most anticipated and hyped blockchain ecosystems yet. The initial coin offering (ICO) raised $4 billion. Recently, the EOS team announced their platform was ready for launch. But as part of the validation process, 15% of the tokens must… Read More

June 10, 2018 @ 3:08 pm By Samantha Hurst  |  

Notes, a growing coffee shop and wine bar concept, is now nearing £1 million from 630 investors through its equity crowdfunding campaign on Crowdcube. The funding round was launched last month and quickly surpassed its initial £600,000 funding target. The company previously raised a total of £908,400… Read More

June 8, 2018 @ 9:52 am By JD Alois  |  

  Online mortgage lender LendInvest reports it is scrambling to hire new employees due to the demand of its Buy-to-Let (BTL) product. The LendInvest team has now grown to 15 people in the short period since the  BTL product was launched in November 2017. Antonia… Read More

June 8, 2018 @ 8:20 am By Samantha Hurst  |  

Celo, an app-based insurance provider, has successfully secured its initial £100,000 funding target through its equity crowdfunding campaign on Crowdcube. The company has so far attracted more than 300 investors to the funding portal. As previously reported, insurtech company reported that it is planning to offer… Read More

June 7, 2018 @ 9:07 am By Samantha Hurst  |  

Cross-border payment platform Currencycloud announced on Thursday it has launched remittance service in South Korea. This news comes nearly one year after forming a partnership with South Korean credit card company, Hyundai Card. According to the company, this news builds on its momentum in Asia-Pacific, with… Read More

June 7, 2018 @ 7:37 am By Samantha Hurst  |  

Laka, a UK-based insurtech startup, announced on Thursday it has kicked off its global expansion by securing £1.1 million through its seed funding round, which was led by financial holding company Tune Protect Group Berhad with participation from 500 Startups.  The company, which was founded… Read More

June 6, 2018 @ 1:19 pm By Samantha Hurst  |  

Pointvoucher, a mobile gaming plug and play market platform, has successfully secured its initial £500,000 funding target on Seedrs thanks to more than 100 investors. As previously reported, Pointvoucher was founded in 2015 and reportedly facilitates the connection between consumers and brands by giving them a reason… Read More

June 6, 2018 @ 12:26 pm By Samantha Hurst  |  

MoloFinance, a UK-based fintech that is aiming to revolutionize mortgages, announced on Wednesday it secured £3.7 million through its latest seed funding round, which was led by Ubon Partners. Founded in 2017, the company reported it is developing what it thinks is the first true fully… Read More

June 5, 2018 @ 12:10 pm By JD Alois  |  

    The Cambridge Centre for Alternative Finance (CCAF), at the Judge School of Business at Cambridge University, has launched their annual research initiative pertaining to the global alternative finance industry. While in years past CCAF has staggered the research, this year they are commencing… Read More

June 5, 2018 @ 11:12 am By Samantha Hurst  |  

Stashbee, the fast-growing marketplace for space and storage, today announces that it has raised nearly £1 million in funding from more than 740 investors across 32 countries through its successful equity crowdfunding campaign on Seedrs. Originally seeking £500,000, the company reportedly surpassed the funding target… Read More

June 4, 2018 @ 4:33 pm By Samantha Hurst  |  

Home Run(formerly Convibo), a UK-based delivery service that delivers groceries from supermarkets to customers’ doors in as little as one hour, is now seeking £450,000 through its equity crowdfunding campaign on Seedrs. Founded in 2014, customers may select their favorite supermarket and place a grocery… Read More

June 4, 2018 @ 4:20 pm By Samantha Hurst  |  

On Monday, CEO of UK Fintech startup Revolut, Nik Storonsky, announced the company is now making plans to apply for a banking license in the U.S.. Revolut has previously announced its intent to expand into the US, along with other companies globally, but this is… Read More

June 4, 2018 @ 7:07 am By JD Alois  |  

Contis Group, an alternative banking, payments and processing provider, has partnered with Visa on the Fintech fast track program designed to provide Fintechs with access to payment card and banking capabilities while reducing client on-boarding times. Commencing in July, the program will initially focus upon… Read More

June 3, 2018 @ 4:48 pm By JD Alois  |  

Starling Bank, a digital only challenger bank, is providing its users an enhancement to Google Pay. Starling will be the first bank in the UK to offer users of Android phones the ability to setup Google Pay within the Starling app, through the use of… Read More