Tagged: united kingdom

March 26, 2018 @ 4:17 pm By Samantha Hurst  |  

onewomanowner, a new used car sales website, is now seeking £300,000 through its equity crowdfunding campaign on Crowdcube. onewomanowner stated it is aiming to become the number one online portal for used cars that have previously had women drivers. “There is a reason why people… Read More

March 26, 2018 @ 12:48 pm By JD Alois  |  

LendingBlock, a cryptocurrency lending platform that we covered earlier this month, has revealed it will see its tokens (LND) trade on HitBTC this coming May. Lending Block’s crowdsale will kick off on with the pre-sale beginning on April 7th and the main sale starting a… Read More

March 26, 2018 @ 7:51 am By JD Alois  |  

Purplebricks Group plc (AIM: PURP), a “hybrid estate agent,” has received a £125 million strategic investment from German conglomerate Axel Springer via its subsidiary of Fünfundachtzigste Vermögensverwaltungsgesellschaft mbH. Following the investment, Axel Springer will own approximately 11.5% of Purplebricks. Concurrently, Purplebricks will appoint Dr Andreas… Read More

March 24, 2018 @ 4:15 pm By Samantha Hurst  |  

Den, a light switch and plug socket brand, has not only successfully secured its initial £750,000 Seedrs funding target, its equity crowdfunding campaign is now nearing £1 million thanks to more than 340 investors. Founded in 2013, Den describes itself as a new technology startup that is looking… Read More

March 23, 2018 @ 9:03 pm By Samantha Hurst  |  

Easygoband, a Spanish incorporated company that has created an RFID smartband that allows personal identification and cashless payments, has successfully secured its initial £300,000 funding target on Crowdcube thanks to more than 350 investors. Easygoband raised £176,300 prior to launching its equity crowdfunding campaign on Crowdcube… Read More

March 23, 2018 @ 10:22 am By Samantha Hurst  |  

App-only banking start-up Fiinu, has successfully secured its initial £500,000 funding target through its equity crowdfunding campaign on Seedrs. The initiative was launched last month and sought the funds for a 6.67% equity stake at a pre-money valuation of £7 million. As previously reported, the aspiring digital… Read More

March 23, 2018 @ 1:00 am By JD Alois  |  

Today, the UK Chancellor of the Exchequer Philip Hammond announced an updated agreement signed with Australian Treasurer Scott Morrison to firmly establish a Fintech bridge between the two countries. This virtual bridge will see both public officials and private partiers working together to foster Fintech… Read More

March 22, 2018 @ 10:29 pm By Samantha Hurst  |  

NatWest announced this week it has beaten its sustainable energy funding target, providing £3.5 billion of lending to UK renewable energy and energy efficiency projects over the past three years. The bank reported it set a three-year target of £3 billion in 2015 and is now committed to… Read More

March 22, 2018 @ 1:46 pm By JD Alois  |  

As was announced earlier today (and leaked out earlier this week) the Australian and UK governments have signed an “enhanced cooperation agreement” on Fintech innovation. Under the new agreement the Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA) will continue to… Read More

March 22, 2018 @ 1:00 pm By Samantha Hurst  |  

Equity crowdfunding platform Invesdor announced on Thursday it has teamed up with InvestorConnect to launch a new competition called PitchPerfect. The funding portal describes the competition as a “Dragons Den meets strictly come dancing for a fun and innovative pitching competition.” The event will take place on… Read More

March 22, 2018 @ 10:41 am By JD Alois  |  

HM Treasury Publishes Fintech Strategy In a widely anticipated speech today during the midst of UK Fintech Week, Chancellor of the Exchequer Philip Hammond told the audience Britain is the global capital of Fintech and he will do everything he can to maintain this title…. Read More

March 22, 2018 @ 8:51 am By Samantha Hurst  |  

UK-based challenger bank Masthaven announced on Wednesday it has teamed up with financial service provider Intrinsic to expand distribution and enable more brokers to access to its products. Launched as a retail bank in 2016, Masthaven now offers savings and lending products. It has also… Read More

March 22, 2018 @ 8:36 am By JD Alois  |  

Mosaic Smart Data, a London based Fintech that helps financial institutions in adapting to regulatory change, has won the inaugural InvestHK UK Fintech Awards.  The recognition was revealed by InvestHK  along with the UK Department for International Trade. The competition received 30 submissions from UK based… Read More

March 22, 2018 @ 7:40 am By JD Alois  |  

UK based Investment crowdfunding platform Seedrs has announced a new partnership with Finpoint, a commercial finance broker that provides financing solutions to SME’s. Seedrs says the partnership will support businesses scaling and boost investment into UK businesses. According to the agreement, Seedrs will gain access… Read More

March 21, 2018 @ 4:01 pm By Samantha Hurst  |  

University Compare, a cross-platform higher education comparison service that helps universities and students connect, is now seeking £250,000 through equity crowdfunding platform Seedrs. Founded in 2012, University Compare displays university statistics, student reviews, and personalized choices to help students decide which course to choose when… Read More

March 21, 2018 @ 3:04 pm By Samantha Hurst  |  

 On Wednesday, Crowdcube announced it has joined forces with The Pitch as its Investment Expert Partner. The UK-based equity crowdfunding platform reported it will run investment readiness classes at The Pitch’s boot camps, along with sharing “learnings” about crowdfunding, work with angel investors and VCs,… Read More

March 21, 2018 @ 2:20 pm By JD Alois  |  

Crypterium, the “crypto bank for everyone”, has hired James Davies as their Chief Financial Officer (CFO). Davies will oversee the payment partner and exchange integration and the all of the company’s finance functions. Crypterium launched an initial coin offering (ICO) last October for a crowdsale… Read More

March 21, 2018 @ 12:41 pm By JD Alois  |  

Innovate Finance, the leading voice for UK’s global Fintech industry, has announced the winner of Pitch360, its Fintech startup competition. The winner of the competition is Exate Technology, a data privacy firm that operates in the Regtech category. Along with being recognized by Innovate Finance,… Read More

March 21, 2018 @ 12:10 pm By Samantha Hurst  |  

Motive Partners, an investment firm focused on technology-enabled companies that power the financial services industry, announced on Wednesday it was opening of its new European Innovation and Investment Center in London. According to Motive Partners, the 14,000 sq. ft. space that will facilitate and drive collaborative… Read More

March 21, 2018 @ 11:21 am By Samantha Hurst  |  

Redemption Bar, a London-based healthy hospitality brand, has launched an equity crowdfunding campaign on Crowdcube. The company is now seeking  £300,000 through the funding round as it prepares for the opening of its two new sites in Covent Garden and Southbank Place, with a future goal of… Read More