Tagged: united kingdom

UK Insurtech Laka Secures £1.1 Million During Seed Funding Round Led By Tune Protect Group

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

Overfunding: Mobile Gaming Plug & Play Market Platform Pointvoucher Surpasses £500,000 Funding Target on Seedrs

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

London Fintech MoloFinance Secures £3.7 Million in Seed Funding For The Development of Fully Digital Mortgage Solution

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

Cambridge Centre for Alternative Finance Launches Global Research to Provide the Most Comprehensive Research on Fintech Available Today

    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

Success: Space & Storage Marketplace Stashbee Surpasses £500,000 Funding Target; Now nearing £1 million on Seedrs

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

Grocery Delivery Service Home Run Now Seeking £450,000 Through Seedrs Campaign

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

Revolut Now Planning to Apply For U.S. Banking License

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

Contis Partners with Visa on Fast Track Fintech Program

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

Digital Only Bank Starling Partners with Google on Payments

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

BBVA Announces Completion of £85.4 Million Investment in UK-Based Atom Bank

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

Overfunding: Cranes Latest Seedrs Campaign Surpasses £150,000 Funding Target

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

LendingCrowd Milestone: Celebrates Record Month For Loan Origination

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

Coinage Exchange Wants to Make Cryptocurrency Investing Easier with New Trading Platform

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

UK Signs Innovation Agreement with Israel

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

LendInvest Debuts First Official BTL Legal Panel Six Months After Product Launch

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

Crowdcube Announces Partnership With UK Plant-Based Pitching Competition “Pitch + Plant”

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

Game Crowdfunding Platform Fig Acquires UK based Blockchain Company Ownage, Builds Decentralized Platform “Shard”

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

Overfunding: London Microbrewery The Park Brewery Surpasses £175,000 Funding Target on Crowdcube

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

Insurtech Startup Wrisk Returns to Seedrs & Quickly Secures £500,000 Funding Target

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

London Insurtech Flock Raises £2.25 Million Through Seed Funding Round to Expand On-Demand Drone Insurance

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

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