Tagged: united kingdom

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

May 23, 2018 @ 7:54 am By JD Alois  |  

Challenger bank Tandem has added a new feature for its account aggregating app that allows users to confirm whether they are spending overseas or engaging in other potentially fraudulent activity. The “Fraud Conversation” is a new notification feature that sends a push notification when it… Read More

May 23, 2018 @ 7:05 am By JD Alois  |  

Seedcamp, the leading European seed investor, has announced the close of a £60 million fund that has the backing of over 100 Seedcamp founders, angels and mentors. The fund also includes contributions of £2 million via a collaboration with crowdfunding platform Seedrs. The Seedrs partnership… Read More

May 22, 2018 @ 9:04 am By JD Alois  |  

Downing LLP has announced a funding partnership with Pivot Power to help financing a network of rapid EV charing stations and grid-connected batteries. Described as a “world first,” Downing will provide a key investment in the initial stage of 2GW network charging stations across the UK…. Read More

May 22, 2018 @ 12:01 am By Samantha Hurst  |  

Freetrade, a next-generation investment app providing users with free stock trading has secured an additional £3.1 million in funding through its equity crowdfunding campaign on Crowdcube. The London-based startup, which was founded in 2016 by Adam Dodds who previously worked in finance at KPMG, and… Read More

May 21, 2018 @ 2:45 pm By JD Alois  |  

Today was the first meeting of the UK Cryptoassets Taskforce. The previously announced group involves the participation of the Financial Conduct Authority (FCA), Bank of England (BoE), HM Treasury and other Senior government officials. Some of the named participants include, Katharine Braddick, Director General of… Read More

May 21, 2018 @ 9:11 am By Samantha Hurst  |  

ThinCats announced on Monday it has completed a transaction for the Management Buy-In (MBI) of Scubair Ltd, a business involved in the design, installation, and service for all types of air conditioning, ventilation, and electrical systems. According to ThinCats, the Newbury-based company is a portfolio business… Read More

May 20, 2018 @ 2:26 pm By Samantha Hurst  |  

Spun, a British artisan candy-maker specializing in hand-crafted candy, is now seeking £450,000 through its equity crowdfunding campaign on Crowdcube. Launch in 2013, the company revealed that it has developed hundreds of designs and flavors of confectionery. Its product range is constantly “evolving, pushing the boundaries,… Read More

May 16, 2018 @ 10:49 am By JD Alois  |  

Marcus, a fast emerging digital only challenger bank, is poised to enter the UK market and then cross the channel to set up operations in Germany. This is according to multiple reports as the erstwhile online lender leverages its successful US tech in other markets…. Read More

May 16, 2018 @ 10:19 am By JD Alois  |  

Andrew Bailey, Chief Executive of the UK Financial Conduct Authority (FCA), addressed the regulator’s business plan for the coming year in a speech this week. Touching upon innovations in financial services, Bailey stated; “Fintech and Big Data are transforming financial services. We will seek to… Read More

May 14, 2018 @ 2:20 pm By Samantha Hurst  |  

Banking giant Santander is currently making preparation to launch a new stand-alone UK digital bank specifically for SMEs within the next few months. According to the Telegraph, The Spain-based bank is also considering bringing its digital lending service, Openbank to the UK as well. A spokesperson… Read More

May 13, 2018 @ 5:22 pm By Samantha Hurst  |  

Crowdfunded brewery BrewDog announced earlier this week it has appointed Jason Marshall as its new Chief Financial Officer as it continues its global expansion. According to BrewDog, Marshall brings more than 20 years of experience of beverage experience and was reportedly a key member of the financial… Read More