Tagged: united kingdom

March 21, 2018 @ 9:45 am By Samantha Hurst  |  

TeachPitch, a UK-based education technology company, announced last week it has decided to extend its latest equity crowdfunding round on Crowdcube. The company launched the funding round last month and quickly secured its initial £300,000 target. It is now nearing £340,000 thanks to more than 180… Read More

March 20, 2018 @ 2:56 pm By Samantha Hurst  |  

Stem + Glory, a UK-based restaurant chain, has quickly secured its initial 350,000 equity crowdfunding target on Crowdcube. The company launched the funding on Monday morning and by the afternoon surpassed the funding goal. Opened in October 2016, Stem + Glory describes itself as a… Read More

March 20, 2018 @ 10:12 am By JD Alois  |  

Fintech Currencycloud, an international payments platform, has announced the launch of Global Collections. Leveraging multi-currency accounts receivable offering, banks and other payments companies may allow customers to receive payments across borders without the typically exorbitant fees and extensive delays prevalent in payment transfers today. Currencycloud is… Read More

March 20, 2018 @ 9:53 am By JD Alois  |  

Long Blockchain Corp. (Nasdaq: LBCC) has closed on a strategic investment in Stater Blockchain Limited, a company focused on developing and deploying scalable blockchain technology solutions in the financial markets. Stater’s wholly-owned subsidiary, Stater Global Markets, is a Financial Conduct Authority (FCA) regulated brokerage that facilitates market… Read More

March 19, 2018 @ 4:15 pm By Samantha Hurst  |  

UK-based fintech Finastra announced last week it was selected by the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) to drive its digital transformation initiatives. Finastra reported its technology will streamline and automate Vietcombank’s operational processes and improve overall customer experience to enhance… Read More

March 19, 2018 @ 3:35 pm By Samantha Hurst  |  

On Monday, UK-based challenger bank Monzo announced it has achieved half a million current accounts. The company launched its current accounts in October last year and since then, thousands of users have upgraded their accounts or signed up to start using Monzo’s banking products. “This… Read More

March 19, 2018 @ 2:35 pm By Samantha Hurst  |  

UK’s Northern Monk Brewing Company has completed its equity crowdfunding round on Crowdcube. The brewery completed its funding round less than three weeks after launched and achieved £1.5 million from 2,161 investors. The company previously stated: “Initially based in a parent’s cellar, selling our wares at farmers… Read More

March 19, 2018 @ 11:59 am By JD Alois  |  

The City of London Corporation and Innovate Finance have jointly announced the launch of the Fintech Strategy Group (FSG) to help continue the success of the UK Fintech sector. According to Innovate Finance, the group will combine senior industry leaders across the sector including banks,… Read More

March 19, 2018 @ 11:38 am By JD Alois  |  

MarketInvoice has announced a new milestone of having topped £2 billion worth of invoice finance and business loans to UK companies. Launched in 2011, MarketInvoice has now provided financing solutions to thousands of businesses across the UK. The company reports that during this time over… Read More

March 19, 2018 @ 10:04 am By JD Alois  |  

Christopher Woolard, the UK’s Financial Conduct Authority  Executive Director of Strategy and Competition, delivered a keynote speech today at the Innovate Finance Global Summit. Woolard is the defender and champion of the vital competition mandate that has made the FCA a successful financial regulator.  Woolard… Read More

March 16, 2018 @ 12:21 pm By Samantha Hurst  |  

Less than two months after it raised £829,370 through its equity crowdfunding campaign on Crowdcube, UK-based insurtech Honcho has secured a £150,000 from the Finance Durham Fund.  As previously reported, Honcho is described as a reverse-auction marketplace where insurers enter a competitive real-time bidding process in order to… Read More

March 16, 2018 @ 9:42 am By Samantha Hurst  |  

Lendy announced this week it has attracted its 20,000th investor to its peer-to-peer lending platform. This news comes just days after the online lender announced it repaid five loans in February 2018. According to P2P Finance News, the lender reported that about 7,000 new investors have joined… Read More

March 15, 2018 @ 10:29 pm By Samantha Hurst  |  

On Thursday, UK fintech startup ClearScore announced it was acquired by credit data firm Experian. According to various reports, the company was purchased for £275 million. Founded in 2015, ClearScore describes itself as one of the leading fintech businesses in the UK. It aims to change… Read More

March 15, 2018 @ 9:16 pm By Samantha Hurst  |  

Easygoband, a Spanish incorporated company that has created an RFID smartband that allows personal identification and cashless payments, has launched an equity crowdfunding campaign on Crowdcube and is seeking a minimum funding target of £300,000. Easygoband describes itself as a company that gathers the advantages… Read More

March 15, 2018 @ 4:00 pm By John Auckland  |  

HMRC’s new stricter guidelines around their Seed Enterprise Investment Scheme / Enterprise Investment Scheme (SEIS / EIS) may worry some crowdfunding campaigners, but there is a silver lining. SEIS and EIS, both startup investment tax relief schemes, protect up to 80% of your investment into… Read More

March 15, 2018 @ 10:01 am By JD Alois  |  

Executing on its revamped strategic mission, Long Blockchain Corp. (Nasdaq: LBCC) has entered into a definitive agreement to acquire Hashcove Limited, a UK-based technology company focused on developing scalable Blockchain  or distributed ledger technology. According to Long Blockchain, Hashcove is developing tokenized platforms, crypto-exchanges and… Read More

March 15, 2018 @ 3:00 am By JD Alois  |  

Digital challenger bank Revolut has announced EUR Direct Debits or European customers thus facilitating direct debits for automated payments. The traditional bank alternative now facilitates easy monthly payments such as  phone bills, utilities and other regular services. Revolut points out they already allow European customers… Read More

March 14, 2018 @ 1:39 pm By Samantha Hurst  |  

Just a little over two weeks after launching its equity crowdfunding campaign on Crowdcube, UK’s Northern Monk Brewing Company has successfully secured more than £1.3 million in funding from nearly 1935 investors. The funding round raised its initial £500,000 target just hours after its debut.  As previously… Read More

March 14, 2018 @ 1:13 pm By Samantha Hurst  |  

AccessPay, a UK-based fintech, has received a £1 million investment from NPIF – Maven Equity Finance, which is managed by Maven Capital Partners. Founded in 2012, the company stated it is on a mission to redefine the corporate banking experience, to empower treasury and finance… Read More

March 14, 2018 @ 7:52 am By JD Alois  |  

Crowdfunding platform Crowd for Angels has shared that it is making progress in advancing its “Liquid Crypto Bond” issue and Initial Coin Offering (ICO) of its ANGEL tokens. As Crowdfund Insider previously reported, Crowd for Angels is looking to raise up to £50 million through… Read More