Tagged: united kingdom

Overfunding: Insurtech Startups Wrisk Surpasses £500,000 Funding Target on Seedrs

Just days after launching its equity crowdfunding campaign on Seedrs, UK-based insurtech Wrisk has successfully secured its initial £500,000 funding target from more than 300 investors. As previously reported, Wrisk wants to shake up the antiquated insurance industry with their smartphone app that makes purchasing insurance and filing… Read More

London Insurtech Insurdata Secures More Than $1 Million in Seed Funding

Insurdata, London-based insurtech firm that intelligently captures, enhances, scores and transfers high-resolution, peril-specific exposure and risk data, announced this week it has raised more than $1 million in seed financing from investors including Menlo Ventures, Anthemis Baloise Strategic Ventures and Plug and Play. Insurdata stated it… Read More

UK: Risk of Using Cryptocurrencies in Money Laundering & Terrorist Financing Said to be Low but Expected to Grow

“Cybercrime as a Service” is a Growing Problem In the UK, HM Treasury and the Home Office have published a report on money laundering and terrorist financing. As one of the largest economies in the world that is based on global trade and quite open… Read More

Crowdfunder UK Welcomes 700,000th Community Member As Crowdcube Campaign Surpasses £550,000 in Funding

On Thursday, reward-based crowdfunding platform Crowdfunder UK announced it has welcomed its 700,000th community member. This news comes just after the funding platform’s new equity campaign on Crowdcube surpassed £550,000 in funding. It was revealed: “Last week we welcomed our 700,000’th member to our rapidly growing… Read More

AllBright Set to Launch New Private Members Club For Female Founders in London

AllBright is making plans to a private member’s club exclusively for female founders in London. The club’s debut comes less than a year after AllBright’s crowdfunding platform was launched.  According to WeAreTheCity, AllBright’s new club will be based in a five-story Georgian Townhouse in Bloomsbury. All club… Read More

Update: Fintech Startup Zazu Secures £150,000 on Seedrs

UK-based fintech startup Zazu has successfully secured its initial £150,000 funding target during its crowdfunding campaign on Seedrs. The initiative was launched earlier this month, seeking the funds for the company’s new digital-only bank in Africa. As previously reported, Zazu, which was founded in 2015, was launched through… Read More

Overfunding: Online Property Platform Movem Quickly Surpasses £300,000 Funding Target Through Second Crowdcube Round

Just a little over a year after securing nearly £200,000 through its first Crowdcube campaign, online property platform Movem has returned to the equity crowdfunding platform and even secured its initial £300,000 funding target in a matter of days thanks to more than 175 investors. As previously… Read More

Update: Shaw Academy Extends Crowdcube Round & Closes in on Nearly £2.2 Funding Target

With its Crowdcube campaign currently closing in on its nearly £2.2 funding target, Shaw Academy, an online education provider that teaches a variety of subjects live through a software platform, has decided to extend the funding round.  As previously reported, Shaw Academy’s key mission is to change billion so… Read More

Overfunding: The Good Egg’s Second Crowdcube Surpasses £500,000 Funding Target

Just days after extending its second equity crowdfunding campaign on Crowdcube, The Good Egg successfully secured its initial £500,000 funding target from more than 300 investors. The Good Egg was inspired by Californian deli Wise Sons and has not only drawn the attention of London brunch lovers,… Read More

Quantuma Joins UK Peer to Peer Finance Association

Quantuma, a corporate recovery and business advisory firm that works with several peer-to-peer lending platforms, has joined the UK Peer to Peer Finance Association (P2PFA). Earlier this year, the P2PFA announced the creation of Associate Members to broaden its membership beyond strict lending platforms. At… Read More

16,000 Businesses Sign up For Digital Bank Revolut in Just 4 Months

Digital only challenger bank Revolut is reporting solid interest in its online banking business. According to the company, 16,0000 business customers have signed up for its service in just 4 months. Revolut estimates this has saved these business over £1 million in fees in aggregate…. Read More

Here is the London Token Fundraising Manifesto

There are multiple movements being organized by the crytpo world to create a legitimate and sustainable Initial Coin Offering ecosystem. This means putting the hammer to fraud and creating a set of principles based best practices to guide the nascent industry as it goes from… Read More

Pomodoro e Basilico Quickly Secures £150,000 Funding Target on Crowdcube For New Vegan Deli-Bistro

Less than a week after launching its equity crowdfunding campaign on Crowdcube, Pomodoro e Basilico has successfully secured its initial £150,000 from nearly 250 investors for its new vegan deli-bistro.  Founded in 2014 by CEO Sara Mittersteiner, Pomodoro e Basilico notably has a vegan artisan… Read More

Fitbit Launches Payment Process App in UK; Now Available Through Starling Bank

Just a few months after Starling Bank announced it is offering Apple Pay to UK customers, the challenger bank revealed this week is now offering Fitbit Pay to its UK customers as well. Fitbit’s payment process now allows customers to pay through the company’s wearable, Fitbit… Read More

UK: The Investment Opportunities You Should Know About

  Since 2011, the UK technology sector has seen £28 billion invested into it – a sum which means it is the largest tech investment in the European Union. France has received £11 billion in investment since 2011, while Germany has gained £9.3 billion. In… Read More

Kokoon to Close Crowdcube Round With More Than £1.3 Million in Funding

With its equity crowdfunding campaign set to close on Crowdcube later today, VC backed and Kickstarter alum Kokoon has successfully secured more than £1.3 million from more than 850 investors. The UK-based sleep device company launched the initiative last month raised its £750,000 funding goal during the first week… Read More

WorldFirst Launches International Payment Platform Putting Traditional Banks on Notice

WorldFirst has announced the launch of a multi-currency payment platform that makes international banking that much easier. The new World Account is available now to UK corporate customers. The new service seeks to help SMEs trading internationally that struggle to accomplish their goals using traditional… Read More

Society “Co-Living for Every Generation” Seeks £500,000 on Seedrs

Society, a residential management company, says the number of UK renters between the ages of 25 and 34 has doubled during the last ten year. This number is set to increase dramatically during the next few years. Society, “a company that promotes co-living for every… Read More

London Fintech Divido Announces Germany Expansion

London-based fintech startup Divido announced on Monday it has expanded into Germany. Founded in 2014, Divido describes itself as a young, fast growing, technology company in the process of changing the old school financial services sector. The company revealed that it allows merchants to offer their… Read More

Consumer Healthcare Company Handsome Seeks £500,000 Through Seedrs For Back Care Products

UK-based healthcare consumer brand Handsome has recently launched an equity crowdfunding campaign on Seedrs. The company is currently seeking 500,000 as it prepares to expand its back care products. Founded in 2011, Handsome states its key mission is to launch innovative and exciting consumer healthcare… Read More

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