Tagged: united kingdom

June 3, 2018 @ 1:50 pm By Samantha Hurst  |  

On Friday, BBVA announced it has completed the £85.4 million investment into Atom, which was announced in March of this year. According to the firm, With this transaction, it increases its stake in UK’s first bank built exclusively for smartphone or tablet to 39%. Atom also secured capital… Read More

June 2, 2018 @ 3:06 pm By Samantha Hurst  |  

Cranes, a UK-based premium cranberry cider brand, has successfully secured its initial £150,000 funding target through its latest equity crowdfunding campaign on Seedrs. The funding round made its debut less than two years after Cranes raised more than £190,000 in funding through its first campaign on… Read More

June 1, 2018 @ 9:32 pm By Samantha Hurst  |  

LendingCrowd, one of the UK’s fastest-growing alternative finance lenders to the SME market, announced on Friday it is on course for continued expansion after completing loan deals totaling to more than £3 million during May, marking the p2p lending platform’s best month ever. The company also reported… Read More

June 1, 2018 @ 10:29 am By JD Alois  |  

UK based Coinage has launched the Coinage Exchange. This new cryptocurrency exchange is designed to make trading in crypto easier for traders and investors. Coinage Exchange is a mobile first platform that says it wants to bring cryptocurrencies to the masses on both Main Street… Read More

June 1, 2018 @ 8:52 am By JD Alois  |  

Israel and the United Kingdom have signed a new “landmark” agreement designed to strengthen entrepreneurial and innovation ties between the two countries. Israel is a country with more startups per capita than anyplace else outside Silicon Valley. A unique culture and acceptance of risk taking… Read More

May 31, 2018 @ 11:38 am By Samantha Hurst  |  

LendInvest announced on Thursday it has named firms JMW Solicitors LLP and Lightfoots Solicitors as its first official panel of solicitors for its Buy-to-Let product. According to the online lender, JMW Solicitors is one of the North West’s leading full-service law firms, with significant experience in handling… Read More

May 31, 2018 @ 9:22 am By Samantha Hurst  |  

Equity crowdfunding platform Crowdcube announced on Thursday it has formed a new partnership with UK’s plant-based pitching competition, Pitch + Plant. According to the funding portal, the competitions creators, Vevolution and BRIGHT, are providing plant-based businesses with the opportunity to win up to 100,000 in… Read More

May 31, 2018 @ 8:35 am By JD Alois  |  

Fig, a “community publisher” who provides investment crowdfunding in games like Pillars of Eternity 2: Deadfire, Phoenix Point and Wasteland 3, has announced the acquisition of Ownage, Ltd., a UK-based blockchain company. Fig reports the Ownage team is now working with Fig to build “Shard”… Read More

May 30, 2018 @ 3:57 pm By Samantha Hurst  |  

Just days after launching its equity crowdfunding campaign on Crowdcube, London-based microbrewery, The Park Brewery, has successfully surpassed its initial £175,000 funding target from more than 200 investors. The brewery, which was founded in 2014, had an initial 5,000 set up cost producing just liters a brew…. Read More

May 30, 2018 @ 3:22 pm By Samantha Hurst  |  

Just a little over six months after launching its first equity crowdfunding campaign, UK-based insurtech Wrisk returned to Seedrs and has quickly secured its initial £500,000 funding target. As previously reported, Wrisk is seeking to shake up the antiquated insurance industry with their smartphone app that makes purchasing insurance… Read More

May 29, 2018 @ 3:49 pm By Samantha Hurst  |  

Flock, a London-based insurtech, announced on Tuesday it raised £2.25 million through its Seed funding round from a range of global investors. Flock reported that the round was led by Anthemis, a VC focused on Fintech and Insurtech investments. Other investors included Silicon Valley’s Plug and… Read More

May 29, 2018 @ 7:40 am By JD Alois  |  

Global crowdfunding platform OurCrowd has formed a new partnership with Halma, a “life-saving technology” firm, in a continuation of its strategy to collaborate with global leaders in various industry verticals. The new partnership is said to combine the strength of OurCrowd’s global network, robust online deal… Read More

May 27, 2018 @ 3:20 pm By Samantha Hurst  |  

Pointvoucher, a mobile gaming plug and play market platform, recently launched an equity crowdfunding campaign on Seedrs, seeking £500,000 in funding. Founded in 2015, Pointvoucher reported facilitates the connection between consumers and brands by giving them a reason to engage in a “fun, playful, and rewarding” way…. Read More

May 25, 2018 @ 12:13 pm By Samantha Hurst  |  

ArchOver, the UK P2P business lending platform, announced this week the launch of its Innovative Finance ISA (IFISA)to both new and existing lender. ArchOver reported that the IFISA allows individuals to earn tax-free returns by investing over P2P lending platforms using their annual ISA allowance of… Read More

May 25, 2018 @ 8:16 am By JD Alois  |  

UK based peer to peer lending platform RateSetter has topped £2.5 billion in loan originations, according to a note from the company. The online lender provides credit to both individuals and UK SMEs. The milestone comes just as RateSetter announced that it had generated £100… Read More

May 24, 2018 @ 9:15 pm By Samantha Hurst  |  

1854 Media, a digital media business, successfully secured its initial £400,000 funding in just 24 hours on equity crowdfunding platform Crowdcube. The company previously raised nearly £400,000 through the funding portal in 2016 under the name British Journal of Photography. As previously reported, the publication has… Read More

May 24, 2018 @ 10:15 am By Samantha Hurst  |  

NorthRow, a regtech and compliance firm, announced on Thursday it has been chosen by the UK’s Open Banking Implementation Entity (OBIE) to verify its international users. The company reported that this move follows the successful implementation of verification processes for UK users, streamlining services for… Read More

May 24, 2018 @ 8:47 am By JD Alois  |  

Christopher Woolard, Executive Director of Strategy and Competition at the Financial Conduct Authority (FCA), delivered a speech today on the hot topic of cybersecurity, crime and financial services. Delivered at a “TechSprint” in London, Woolard said it was time to bring regulators and tech specialists… Read More

May 23, 2018 @ 1:20 pm By Samantha Hurst  |  

UK-based peer-to-peer lending platform Assetz Capital announced last week its first ever rate rise across its access accounts. The online lender reported that the rate increase, which takes effect from 1st May 2018 until further notice, will take target interest rates for the Quick Access Account and… Read More

May 23, 2018 @ 9:07 am By Samantha Hurst  |  

Flywire, a fintech firm that provides global payment and receivable solutions for education, healthcare, and commercial enterprises, announced on Tuesday a major expansion of its UK and European operations and team. Flywire reported it has moved into new space on Folgate Street in London’s Spitalfields District,… Read More