Tagged: united kingdom

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

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