Tagged: united kingdom

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

March 14, 2018 @ 7:32 am By JD Alois  |  

Coinbase, one of the largest cryptocurrency exchanges in the world, has received an e-money license from the UK Financial Conduct Authority (FCA). This will enable Coinbase to offer payments in the UK while supporting the UK’s Faster Payments Scheme. Simultaneously, Coinbase has partnered with Barclays… Read More

March 13, 2018 @ 4:02 pm By Samantha Hurst  |  

BondMason, an online savings and investments platform that sources investments from across the peer-to-peer (P2P) market for its clients, announced on Tuesday it secured £1.85 million through its latest funding round to drive the growth of the business and fulfill the company’s vision to enable more investors to… Read More

March 13, 2018 @ 2:11 pm By Samantha Hurst  |  

LandlordInvest, a peer-to-peer lending platform for residential and commercial mortgages, announced on Tuesday its secondary market has surpassed £1 million in complete sales. The market was launched in May 2017. According to LandlordInvest, the secondary market enables investors to offer eligible loans or loan parts for sale… Read More

March 13, 2018 @ 2:00 pm By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) is the leading research authority on global innovations in finance. Over the past several years, CCAF has produced benchmark reports tracking the growth and evolution of all forms of Fintech around the world. These reports have become valued… Read More

March 13, 2018 @ 1:51 pm By Samantha Hurst  |  

TrueLayer, a computer software company that enables companies to capitalize on new open banking initiatives in the UK, announced on Tuesday it has integrated with mobile-only Starling Bank. TrueLayer reported it will be able to use Starling Bank’s API to securely access financial data while… Read More

March 13, 2018 @ 11:58 am By Samantha Hurst  |  

Just two months after the finalization of its purchase of Harrods Bank, UK challenger bank Tandem has acquired money management app Pariti.  Founded in 2014, Pariti is described as a free mobile app that connects to users’ different banking accounts and credit cards to provide… Read More

March 13, 2018 @ 7:26 am By JD Alois  |  

The 5th Annual London Summit is scheduled to take place on March 26th during a time of significant change in the UK. Brexit jitters along with dramatic regulatory changes such as Open Banking and PSD2 has created a varied and dynamic environment. Yet alternative finance… Read More

March 13, 2018 @ 7:15 am By JD Alois  |  

Airsorted, a hosting management platform with hosts using the service across accommodation like Airbnb, Booking.com, Expedia and HomeAway, has raised £5 million in Series A funding backe by VCs Pi Labs and Atami Capital. The company previously raised £1.5 million in seed funding, bringing Airsorted’s total funding… Read More

March 13, 2018 @ 6:40 am By JD Alois  |  

LendingBlock is a new crypto-based lending platforms that is the midst of an initial coin offering (ICO). There are other crypto-based lending platforms out there but the ones I have looked at recently are more about getting Fiat by using your cypto as collateral. LendingBlock… Read More

March 12, 2018 @ 9:00 pm By JD Alois  |  

LATTICE80, a Fintech Hub that has recently migrated its headquarters from Singapore to London, has announced its intent to launch Altcoin Futures. LATTICE80 expects to reveal details during Money20/20 taking place in Singapore this month. LATTICE80 is co-founded by Joe Seunghyun Cho, and is backed… Read More