Tagged: united kingdom

UK Fintech Inflo Announces Key Appointments to Fuel Growth

Inflo, a UK-based fintech firm, announced on Monday it has appointed Kathryn Woolgar and Kim Oliverto its senior management team as part of its growth plans. Founded in 2016, Inflo stated it helps accountants provide more valuable services to their clients and it specializes in… Read More

What Brexit? Beauhurst Report Says Record Year for Foreign Investment into UK Firms, Fintech Helps to Fuel Growth

UK research firm Beauhurst published a report recently that highlighted foreign investment into high growth UK firms. According to their numbers, foreign investment is booming in the UK – in spite of Brexit induced jitters. The report states that during 2017 foreign investment hit £6… Read More

Update: eMoov Surpasses £1.5 Million in Funding Through Latest Crowdcube Round

Just a couple weeks after launching its latest equity crowdfunding campaign on Crowdcube, online real estate agency eMoov has successfully raised £1.5 million from nearly 700 investors. The funding round launched earlier this month and surpassed its initial £1 million funding target in less than… Read More

Update: Hart Group Set to Close Crowdcube Round With Nearly £2.5 Million in Funding

Harts Group Ltd, the parent company of Barrafina and Quo Vadis restaurants, is set to close its equity crowdfunding campaign on Crowdcube with nearly £2.5 million in funding. The round, which was originally seeking £750,000, has attracted more than 940 investors. As previously reported, Harts Group is… Read More

UK’s Metro Bank Launches Developer Portal That Opens Bank Platform to FCA-Registered Third Parties Seeking to Build Services on top of APIs

British banking group, Metro Bank, announced on Friday the launch its new developer portal, which opens up the bank’s platform to FCA-registered third parties that are wishing to build services on top of its APIs. According to Metro, the self-service portal was built in collaboration… Read More

Antipodean Group Daisy Green Collection Secures More Than £1.2 Million Just Days After Crowdcube Campaign Debut

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 £1.2 million from nearly 300 investors through its equity crowdfunding campaign during the first week on Crowdcube. The funding round… Read More

Monzo Announces Joint Accounts in Monzo Labs

UK challenger bank Monzo announced on Friday the launch of its joint accounts in Monzo Labs. The banking startup reportedly tested the accounts with a few staff members before asking a small group of users on Android and iOS. Monzo recently added another group of… Read More

UK Peer to Peer Lender Lending Works Raises £2.8 Million in New Funding Round

Lending Works has received £2.8 million in funding in a round led by Maven Capital Partners, with £800,000 of backing from Pollen Street Capital and NVM Private Equity. The UK peer to peer lender said proceeds will be used to fuel growth including loan customer acquisition… Read More

UK Fintech Glint Now Seeking £15 Million Through Series A Financing Round to Expand into the U.S. & Japan By the End of 2018

UK fintech Glint announced on Thursday it is now seeking £15 million through its Series A financing round to expand into the U.S. and Japan by the end of this year. This news comes nearly eight months after the company launched its mobile app, which allows… Read More

UK’s Department for International Trade Schedules Fintech Mission to Mexico & Japan

Once again, the UK Department for International Trade (DIT) is booking trips abroad to promote and interact with financial innovation types around the world. DIT has scheduled two trips for this Fall. First, DIT has scheduled their second UK Fintech Mission to Mexico City from 11-14… Read More

Report Says UK SMEs Plan to Boost European Sales in Spite of Brexit

As turmoil swirls within the UK government regarding Brexit approach and Brussels ponders its next step, at least one report has a positive spin on the UK economy. OFX, a payments platform, has shared data that claims UK SMEs are pretty positive in the face… Read More

Money Management Chatbot Plum Now Supporting Challenger Banks Monzo & Starling Bank

Money management chatbot Plum is now supporting challenger banks Monzo and Starling Bank. Plum states that it already supports most major UK banks and currently has around 130,000 users – collected since launch in 2017. Plum states that is has so far saved £24 million… Read More

London School of Economics Now Offering Online Course on Digital Currencies “Cryptocurrency Investment and Disruption”

thought-catalog unsplash Bitcoin Ethereum Cryptocurrency

British research university, the London School of Economics, is now offering an online course on digital currencies called “Cryptocurrency Investment and Disruption.” According to its description, students will learn the practical skills to interact with cryptocurrency exchanges as well as how to use wallets and evaluate… Read More

Overfunding: Edtech Platform Zzish Quickly Secures £300,000 Funding Target Through Second Crowdcube Round

Just one year after raising more than £1.3 million through its first equity crowdfunding campaign on Crowdcube, edtech startup Zzish has returned to the funding portal and quickly secured its initial £300,000 funding target thanks to more than 75 investors. Zzish aims to give every… Read More

UK Fintech Paysme Now Seeking £200,000 Through Crowdcube Funding Round

Paysme, a UK-based fintech startup, is now seeking 200,000 through its equity crowdfunding campaign on Crowdcube. Launched in May 2018, the company stated it aims to deliver increase mobile engagement by championing small business owners in their local communities as they help shape the future of… Read More

Kuflink Reports Topping £20 Million in Peer to Peer Property Investment Since 2016

Kuflink, a peer-to-peer property investment platform, says it has topped £20 million invested since platform launch in 2016.    Kuflink provides buy to let borrowers quick access to short-term finance that may not be available from a high street bank. Retail investors gain access to a… Read More

British Savings & Investment App Moneybox Secures £14 Million Through Series B Funding Round Led By Eight Roads

Moneybox, a UK-based savings and investment app, successfully secured £14 million through its Series B funding round, which was led by Fidelity International’s proprietary investment arm, Eight Roads, with participation from existing investors Oxford Capital Partners and Samos Investments. Founded in 2015, Moneybox states its… Read More

Joint Chiefs of Global Tax Enforcement (J5) to Fight Against International Tax Crime and Money Laundering Including Cryptocurrency

The Joint Chiefs of Global Tax Enforcement, or the “J5”, is a group of nations dedicated to fighting against tax crime and money laundering. Participants in the J5 include the Australian Criminal Intelligence Commission (ACIC) and Australian Taxation Office (ATO), the Canada Revenue Agency (CRA),… Read More

Overfunding: Aduna’s Latest Seedrs Round Quickly Surpasses £300,000 Funding Target

Just a couple weeks after launching its latest equity crowdfunding campaign on Seedrs, health food brand Aduna has successfully secured its initial £300,000 funding target and is now nearing  £340,000 thanks to more than 275 investors. The funding round was launched a few months after Aduna raised £471,630… Read More

Overfunding: Mobile App Dabbl Quickly Secures £350,000 Seedrs Target

Dabbl, a UK-based mobile app that allows users to invest in brands and companies they love, successfully secured its initial £350,000 funding target and is now nearing £515,000 on equity crowdfunding platform, Seedrs. The app, which describes itself as like Shazam for investing, is a design-led… Read More

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