Tagged: united kingdom

December 20, 2017 @ 12:38 pm By Samantha Hurst  |  

Honcho, a UK-based reverse-auction marketplace where insurers enter a competitive real-time bidding process to offer the best price to customers, has launched an equity crowdfunding campaign on Crowdcube seeking £650,000 as it prepares to launch its upcoming platform. The company revealed: “Honcho is a new mobile app… Read More

December 20, 2017 @ 7:39 am By JD Alois  |  

Tandem, a digital challenger bank, has received regulatory approval from the Bank of England’s Prudential Regulatory Authority to acquire Harrods Bank. Tandem’s purchase of Harrods Bank is being described as a major step forward as Tandem will gain access to a full banking license, intrinsic… Read More

December 19, 2017 @ 3:27 pm By Samantha Hurst  |  

UK-based fintech Delio announced on Monday secured £1 million through its latest funding round led by the Development Bank of Wales. Together with participation from new and existing private investors, the investment supports Delio’s ongoing expansion in Europe, Asia, and the Middle East. Founded in 2015,… Read More

December 19, 2017 @ 11:45 am By Samantha Hurst  |  

Society, a residential management company, says the number of UK renters between the ages of 25 and 34, has successfully secured its initial £500,000 funding target through its equity crowdfunding campaign on Seedrs. As previously reported, Society is the brainchild of former founder and CEO… Read More

December 19, 2017 @ 11:00 am By Samantha Hurst  |  

With its latest equity crowdfunding campaign on Crowdcube set to close tomorrow evening, UK-based parking innovator JustPark has raised more than £2.6 million from over 2250 investors. The company launched the initiative late last month seeking £1.5 million, which was achieved within a matter of days. … Read More

December 19, 2017 @ 1:00 am By JD Alois  |  

The Coalition for a Digital Economy (Coadec), an independent advocacy group that serves as the policy voice for Britain’s tech-led startups and scale-ups, has appointed Dominic Hallas as its new Executive Director. According to Coadec, Hallas will join the group at a critical time as… Read More

December 18, 2017 @ 2:21 pm By Samantha Hurst  |  

London-based city exploration startup, Kompas, announced on Monday it has released a major product redesign while the company seeks £400,000 through its equity crowdfunding campaign on Seedrs. The private phase of the campaign launched last week, and the company has already reached 50% of their… Read More

December 18, 2017 @ 9:37 am By Samantha Hurst  |  

Chip, an AI-powered automatic savings account mobile app, is set to close its equity crowdfunding campaign on Crowdcube with more than £950,000 in funding. The company launched its initiative launched last month and quickly raised its initial £600,000 funding target. As previously reported, Chip is described… Read More

December 18, 2017 @ 8:29 am By JD Alois  |  

Seedrs and Portugal Ventures, a Portuguese VC firm,  have jointly announced a new partnership that will provide a boost to the growing startup ecosystem in Portugal. The VC firm will start investing alongside the crowd with a stated cap of €1.25 million. This co-investing structure… Read More

December 18, 2017 @ 7:35 am By JD Alois  |  

SME peer to peer lender ThinCats has launched a new website and branding designed to position itself for its next phase of growth in 2018. The new website, which has been designed to be easier to navigate, with delineated areas for investors, businesses and their… Read More

December 16, 2017 @ 10:41 am By Samantha Hurst  |  

Squirrel, a personal finance app designed to help users have more control over their money, announced on Friday it has formed a partnership with the HM Government and Nesta. While sharing more details about the partnership, the Squirrel’s team stated: “The Partnership is run by… Read More

December 15, 2017 @ 3:00 pm By Samantha Hurst  |  

Yumbles, a UK-based online marketplace for artisan food, has successfully secured its initial £170,000 from more than 220 investors through its equity crowdfunding campaign on Crowdcube. The platform launched the funding round earlier this month and is now seeking the funds for growth and expansion…. Read More

December 15, 2017 @ 9:20 am By Samantha Hurst  |  

On Friday, online lending platform ThinCats announced its website now has an all-new look and feel, with also a new focus. The company revealed in a tweet the exciting news. We have an all new look and feel, and a new focus – check out… Read More

December 15, 2017 @ 8:16 am By JD Alois  |  

HM Treasury will host their second International Fintech Conference following the success of the inaugural event in 2017. Scheduled to be held in London on March 22, 2018, the event will highlight the UKs standout Fintech innovators as well as up and coming Fintech firms… Read More

December 15, 2017 @ 8:00 am By JD Alois  |  

Buried within the Financial Conduct Authority (FCA) Distributed Ledger Technology (IE Blockchain) Feedback Statement on an earlier discussion paper was a section dedicated to Initial Coin Offerings (ICO) and regulatory requirements. The FCA, like much of the rest of the world, is seeking to enable… Read More

December 15, 2017 @ 7:44 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has published a feedback statement on distributed ledger technology (DLT) or Blockchain.  The document comes following an earlier discussion paper published in April designed to commence a dialogue between interested parties and the regulator. The FCA has now responded to received… Read More

December 14, 2017 @ 1:46 pm By Samantha Hurst  |  

With 2018 quickly approaching, Seedrs took a look back on some of its equity crowdfunding platform’s successes over the past twelve months. The funding portal revealed in a post on Wednesday: “2017 has been, by far, our most successful year to date. Independent research firm Beauhurst has recognised… Read More

December 13, 2017 @ 1:30 pm By Samantha Hurst  |  

Digital wealth management platform MarketsFlow has successfully secured its initial £210,000 funding target from more than 250 investors on equity crowdfunding platform, Crowdcube. The initiative was launched last month, seeking the funds for growth and expansion. As previously reported, MarketsFlow was launched earlier this year by technologist and entrepreneur Tom… Read More

December 13, 2017 @ 10:42 am By JD Alois  |  

GloveboxDirect, an online marketplace for car and bike parts, has raised £180,000 in 3 days crowdfunding on Crowdcube, according to the company. The offer represented an 18.51% equity stake in the firm at a pre-money valuation of £800,000.  Reportedly, 119 investors participated in the offer…. Read More

December 13, 2017 @ 7:59 am By JD Alois  |  

Nesta, a global innovation foundation, has announced the ten Fintech firms that have won Stage 1 of the Open Up Challenge. The Challenge is in recognition of the launch of Open Banking in January 2018. Chris Gorst, Challenge Prize Lead at Nesta, congratulated all of… Read More