Tagged: united kingdom

Payments Platform WorldFirst Report: Number of UK SMEs Trading Internationally Declined by Half in 2017 Compared to End of 2016

WorldFirst, a global payments provider, has published their Global Trade Tracker that provides a glimpse of UK SME activity during the quarter. According to their numbers, international trading by UK SMEs declined by almost 50% in comparing Q4 of 2017 to the same quarter in… Read More

Mintos Announces First Loan Originator From the UK Launches on P2P Platform

Mintos, an online marketplace that provides individuals with a simplified way to invest in loans originated by a variety of alternative lending companies around the world, announced on Tuesday it has welcomed its first loan originator from the UK. This news comes less than two… Read More

Virgin Money Set to Launch New Digital Bank

Virgin Money, a financial firm under Virgin that offers savings, mortgages, credit cards, current accounts, currency services, pension, investments, and protection products to customers across the UK, has reportedly spent a total of £38.3 million over the last year to develop its brand new digital… Read More

Crowdcube Celebrates Seventh Birthday (Infographic)

On Tuesday, UK-based equity crowdfunding platform Crowdcube announced it was celebrating its seventh birthday by sharing the major milestones that the funding portal has experienced.Crowdcube describes itself as a leading equity crowdfunding platform for entrepreneurs of startups and growing businesses to connect with potential investors…. Read More

UK Based Property Crowdfunding Platform Propnology Crowdfunds on Dubai based Eureeca

Propnology, a property crowdfunding platform that is based in the UK and has been in operation since 2015, is equity crowdfunding on Dubai-based Eureeca. One of the first FCA approved property investment  platforms, Propnology is seeking £300,000 for a 14% equity stake in the firm…. Read More

UK Based Blockchain Ticketing Company Aventus Systems Hires Veteran Marketing Exec Andrew Ford as CMO

Aventus Systems, a UK based Blockchain ticketing infrastructure company, has  hired Andrew Ford as their Chief Marketing Officer. Ford has a 20-year career in the B2B and B2C technology industry, having held a number of startup board advisory roles and was previously the CMO at… Read More

Mobile Tech Platform Thyngs Set to Close Crowdcube Round With More Than £300,000 in Funding

Thyngs, a UK-based mobile technology platform, is set to close its equity crowdfunding campaign on Crowdcube with more than £300,000 from over 350 investors. The funding round was launched in January, originally seeking £300,000.  Founded in 2016, Thyngs stated it is looking to transform physical… Read More

NatWest to Launch Four Specialist Fintech Accelerators & Announces Plans to Support 5,000 Entrepreneurs Through Network Program

NatWest announced on Monday it is launching four specialist fintech accelerators based in its Bristol, Edinburgh, London and Manchester hubs. According to NatWest, up to 80 fintech businesses will benefit from Dell EMC’s expertise through regular technology reviews and sales strategy analysis. Entrepreneurs will also be… Read More

Update: Poppy’s Picnic Secures £550,000 During the Final Days on Crowdcube

Poppy’s Picnic, a UK-based raw dog food brand, is set to close its equity crowdfunding campaign on Crowdcube with more than £550,000 from nearly 600 investors. The funding round was launched last month and successfully secured its initial £350,000 funding target for its upcoming cat food line…. Read More

Specialist Property Peer-to-Peer Lender CrowdProperty Launches Innovative Finance ISA

Specialist property peer-to-peer lender, CrowdProperty announced on Friday it is launching its Innovative Finance ISA (IFISA). According to CrowdProperty, the tax-free product will be open initially to existing registered lenders who will be able to take advantage of this year’s ISA allowance of up to £20,000… Read More

Overfunding: Education Tech TeachPitch Returns to Crowdcube & Quickly Secures £300,000 Funding Target

TeachPitch, a UK-based education technology company, has launched an equity crowdfunding round on Crowdcube seeking to raise £300,000, which has already been secured thanks to nearly 40 investors. The company previously raised £303,180 through its first funding round on the equity crowdfunding platform. Founded in 2014,… Read More

BrewDog Announces Upcoming Craft Hotel in Scotland

Less than a year after securing more than $324,000 through crowdfunding platform Indiegogo for its upcoming Doghouse hotel at its U.S. brewery near Columbus, Ohio, crowdfunding brewing company BrewDog has announced a second hotel at its Scotland brewery. As previously reported, BrewDog stated that Doghouse… Read More

Fintech Temenos to Acquire Fidessa Group for $1.96 billion

Swiss Fintech Temenos has agreed to buy UK based Fidessa Group in a deal that currently stands at $1.96 billion. Temenos is a provider of banking software and the company claims that more than 2000 firms around the globe, including 41 of the top 50… Read More

UK Parliament Treasury Committee Commences Inquiry into Digital Currencies & Blockchain

The Treasury Committee of the UK House of Parliament  has launched an inquiry into digital currencies and distributed ledger technology – also commonly referenced as Blockchain. According to a memo published by the Committee, the inquiry will cover the role of digital currencies in the… Read More

Fintech Raisin Crosses the Channel to Offer Services to UK Savers

Savings marketplace Raisin has launched in the UK. The Berlin based Fintech has been expanding across the European continent but today they have crossed the British Channel to offer their services to UK savers. Raisin provides an interesting service that leverages technology to help savers… Read More

SyndicateRoom Publishes Growth Funders Report: Investors in Early-Stage Equities Have Experienced a 7th Consecutive Year of 30% Growth

SyndicateRoom, one of the leading UK equity crowdfunding platforms, has published research that indicates investors in early-stage equities have enjoyed a seventh consecutive year of 30% growth. Conducted in partnership with Beauhurst, this is the second piece of in-depth analysis of the financial performance of early-stage… Read More

Overfunding: Mobile Technology Platform Thyngs Surpasses £300,000 on Crowdcube

Thyngs, a UK-based mobile technology platform, has successfully secured its initial £300,000 funding target through equity crowdfunding platform, Crowdcube. As previously reported, Thyngs was founded in 2016 and is described as a mobile technology that transforms physical objects and locations into smart, connected experiences that are more engaging,… Read More

Tandem Announces Launch of Travel Cashback Credit Card

On Tuesday, digital challenger bank Tandem announced the launch of its first product in the UK, the travel cashback credit card, which is described as a credit card that allows users to make money whilst spending abroad. The bank revealed that the cashback card is part… Read More

LendInvest Announces Launch of Buy-to-Let Online Calculator for Intermediaries

On Tuesday, LendInvest announced the launch of its new buy-to-let (BTL) online calculator for intermediaries. According to LendInvest, the calculator is considered the latest in a series of ongoing improvements to the lender’s online calculators, aimed at making the loan application process as easy and straightforward… Read More

UK Safety Brand TeamO Marine Now Seeking £200,000 on Crowdcube

TeamO, a UK marine safety company, has launched an equity crowdfunding campaign on Crowdcube, seeking £200,000 in funding.  Launched in May 2017,  TeamO states it solves the life-threatening problem of being towed through the water by its BackTow lifejacket. The company reported that it sold its entire first… Read More

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