Tagged: united kingdom

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

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