Tagged: united kingdom

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

December 12, 2017 @ 3:19 pm By Samantha Hurst  |  

With its latest Crowdcube campaign set to close in less than two weeks, UK-based parking innovator JustPark is nearing £2.3 million from more than 1950 investors. The company launched the funding round last month and quickly raised its initial £1.5 million funding target.  Founded by entrepreneur Anthony Eskinazi, JustPark is… Read More

December 12, 2017 @ 9:35 am By Samantha Hurst  |  

Whitecar, a UK-based new rental car brand, has successfully secured its initial £650,000 equity crowdfunding target through Crowdcube. The company originally sought to raise £850,000 but has decided to lower the funding goal after closing funds through a subscription that cannot be reflected on the Crowdcube progress bar…. Read More

December 11, 2017 @ 3:10 pm By Samantha Hurst  |  

Digital wealth management platform MarketsFlow is quickly nearing its £210,000 equity crowdfunding target on Crowdcube. The portal launched the campaign less than two weeks ago and has raised more than £200,000 from nearly 250 investors.  Launched in January 2017 by technologist and entrepreneur Tom Nash, MarketsFlow describes itself as a… Read More

December 11, 2017 @ 12:50 pm By Samantha Hurst  |  

Squirrel, a personal finance app designed to help users have more control over their money, has successfully secured its initial £400,000 funding target from 450 investors through its equity crowdfunding campaign on Crowdcube. As previously reported, Squirrel is an FCA-authorised business that issues users with a… Read More

December 11, 2017 @ 11:13 am By Samantha Hurst  |  

SnapTrip, a marketplace for people to discover the best last-minute self-catered holiday deals in the UK, has secured its initial £900,000 funding target and is now nearing £1.2 million from nearly 100 investors through its equity crowdfunding campaign on Seedrs. Founded in 2014, SnapTrip offers users a… Read More

December 11, 2017 @ 7:16 am By JD Alois  |  

CrowdProperty, a property peer to peer lender, has closed its pre-series A equity crowdfunding round at £907,467 or 150% of the funding target. The campaign listed on Seedrs attracted 509 investors investing an average of £1,783. CrowdProperty offered a 9.23% ownership stake in the company… Read More

December 10, 2017 @ 3:30 pm By JD Alois  |  

On December 1st, the Royal Bank of Scotland (RBS) announced it would close 62 RBS branches and 197 NatWest branches. The shuttering of these bank branches is not unique to RBS and is indicative of the global Fintech revolution. This is not the first time… Read More

December 9, 2017 @ 1:00 pm By Samantha Hurst  |  

Investment platform InvestorConnected has launched an equity crowdfunding campaign on Invesdor, seeking to raise a maximum of £350,000. Founded in 2010, InvestorConnected describes itself as a website that provides a global platform where entrepreneurs are able to pitch their businesses or projects to a broad range of… Read More

December 9, 2017 @ 11:00 am By Samantha Hurst  |  

LaundryHeap, a UK-based laundry and dry cleaning service with same day collection and delivery within 24 hours, is now seeking £850,000 through its equity crowdfunding campaign on Seedrs. The company, which described itself as the “Uber for Laundry,” stated in London and has already expanded… Read More

December 9, 2017 @ 9:00 am By Samantha Hurst  |  

With its latest Crowdcube campaign set to close in two weeks, UK-based parking innovator JustPark has secured nearly £2.1 million from over 1800 investors. As previously reported, JustPark was founded by entrepreneur Anthony Eskinazi and is seeking to lead the disruption of the £50 billion global parking market by… Read More

December 8, 2017 @ 1:42 pm By Samantha Hurst  |  

Less than a month after launching its money-saving features Pots, challenger bank Monzo announced that the feature is now available on the Android smartphone app. As previously reported, Pots is described as a simple way to set money aside within a user’s main Monzo account. The bank stated:… Read More

December 8, 2017 @ 12:21 pm By JD Alois  |  

Downing Crowd, a debt based crowdfunding platform, says “crowdfunding for grown-ups has arrived” as indicated by data correlated in the Cambridge Centre for Alternative Finance (CCAF) report on the UK alternative finance industry. The report by CCAF revealed alternative finance growth of 43% to £4.6… Read More

December 8, 2017 @ 11:53 am By Samantha Hurst  |  

Handsome, a UK-based healthcare consumer brand, has successfully raised its initial £500,000 funding target through equity crowdfunding platform Seedrs thanks to 220 investors.  As previously reported, the company was founded in 2011 with a mission to launch innovative and exciting consumer healthcare products that are… Read More

December 8, 2017 @ 9:00 am By JD Alois  |  

Property Partner, a UK based property crowdfunding platform, now has over £100 million in Assets Under Management (AUM), according to a report from the platform. This amount represents a 4X increase since December 2015 when Property Partner held £21.9 million in AUM. Property Partner also… Read More

December 7, 2017 @ 7:01 pm By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF), the leading global research institute for all things Fintech, has published its fourth annual survey on UK alternative finance. According to the report, entitled Entrenching Innovation: The 4th UK Alternative Finance Industry Report, the sector of emerging financial… Read More

December 7, 2017 @ 1:17 pm By Samantha Hurst  |  

Open for Vintage, a new luxury fashion platform that promotes sustainability and independent retailers, has successfully secured its initial £150,000 funding target through its equity crowdfunding round on Crowdcube. The platform, which was launched earlier this year, revealed that it connects customers with a global network… Read More

December 7, 2017 @ 8:15 am By JD Alois  |  

The P2PFA has announced revisions to the UK peer to peer lending industry standards it sets for its member platforms. The P2PFA represents the most prestigious online lenders in the country and has been at the forefront of developing a stringent set of principles that… Read More

December 7, 2017 @ 2:30 am By JD Alois  |  

Revolut knows the future of banking is a digital only world with a feature rich mobile ecosystem. Give people what they need and want in online bank and they will keep coming back in droves. Today, as we alluded to last week, Revolut is officially… Read More

December 6, 2017 @ 1:23 pm By Samantha Hurst  |  

Parcel2Go, described as the UK’s largest parcel delivery comparison website, is set to close its Crowdcube campaign with more than £1 million thanks to nearly 1300 investors. The equity crowdfunding initiative was launched last month and quickly raised its initial £500,000 funding target. As previously reported, Parcel2Go… Read More