Tagged: united kingdom

October 13, 2017 @ 10:43 am By Samantha Hurst  |  

UK-based fintech startup Zazu has launched an equity crowdfunding campaign on Seedrs to raise £150,000 as it prepares to launch its new digital-only bank in Africa. Founded in 2015, Zazu states it was born from Ignite Accelerator as an e-commerce platform for farmers and is now… Read More

October 12, 2017 @ 12:25 pm By Samantha Hurst  |  

On Thursday, UK-based p2p lending platform LendInvest announced it has teamed up with the UK PropTech Association (UKPA) to release the second annual PropTech Influence List. The online lender revealed: “The LendInvest PropTech Influencer List aims to recognises the 25 people doing the most to develop the understanding,… Read More

October 11, 2017 @ 7:24 am By JD Alois  |  

Assetz Capital, a fast growing peer-to-peer finance platforms based in the UK, reports it has facilitated £300 million in loans on its secondary market since its launch. The company said this was evidence of the demand by investors for liquidity ahead of natural loan repayments, and… Read More

October 10, 2017 @ 3:04 pm By Samantha Hurst  |  

The City of London announced on Tuesday it will present its latest report, The Value of Fintech later this week. The City revealed it teamed up with KPMG for the report. The organizations revealed that the report, which was commissioned by the City and was produced… Read More

October 10, 2017 @ 1:00 pm By Samantha Hurst  |  

Less than two years after raising £1.3 million through its first Crowdcube campaign, Crowdfunder UK has returned to the equity crowdfunding platform to raise £750,000 as it prepares to grow its partner network and further develop its reward-based funding portal. Founded in 2014, Crowdfunder UK… Read More

October 10, 2017 @ 5:00 am By Therese Torris  |  

On Monday, October 9, Lendit Europe, the event gathering 1000+ representatives of the international fintech and lending scene on the banks of the River Thames, opened with a presentation by Imran Gulamhuseinwala OBE, Global Head of FinTech at consultancy firm EY, who spoke about “The… Read More

October 9, 2017 @ 3:08 pm By Samantha Hurst  |  

UK-based startup beverage company, NFSG, has successfully secured its initial £150,000 funding target on Crowdcube for its up-and-coming natural energy drink, Overhang. The company achieved the funds with nearly one week until the funding round closed. As previously reported, Overhang is described as a natural pick-me-up drink which… Read More

October 9, 2017 @ 11:18 am By Samantha Hurst  |  

Peer-to-peer business lending platform ArchOver announced on Monday it has nearly doubled its overall lending in the first nine months of 2017. The company reported that since 2017 its total lending has reached £21.39 million, bringing its cumulative total that has been lent to date… Read More

October 9, 2017 @ 9:51 am By Samantha Hurst  |  

Intelligence Fusions, a software-as-a-service business, has launched an equity crowdfunding campaign on Crowdcube. This news comes just after the company secured £166,400 through its funding round on GrowthFunders, with reportedly £66,400 from the G Ventures Network of Professional investors and £100,000 from the Finance Durham Fund. Backed… Read More

October 9, 2017 @ 8:20 am By JD Alois  |  

Innovate Finance has announced that applications are now open for its Fintech pitch contest Pitch360 which will take place in London on March 20th, 2018. The deadline for applications is December 31st. Fintech firms that would like to compete stand a chance to win £10,000, a… Read More

October 8, 2017 @ 5:39 pm By JD Alois  |  

Investoo Group has acquired RoboAdvisors.com, a company that is a Robo-advisor comparison site. This is the lates acquisition for Investoo. Last month, Investoo purchased TradingGuru. Specific terms of the acqusition were not revealed. Investoo’s acquisition of RoboAdvisors.com positions the platform to expand into the Portfolio Management… Read More

October 8, 2017 @ 5:11 am By JD Alois  |  

The Centre for Finance, Technology and Entrepreneurship (CFTE) is launching their first online Fintech course which will open to the public soon. If you are interested, you may enroll here. The course is described as “Around Fintech in Eight Hours.” The coursework starts with an overview of Fintech and introduces a… Read More

October 7, 2017 @ 2:46 pm By Samantha Hurst  |  

With it new equity crowdfunding campaign nearing £2 million in funding on Crowdcube, Mindful Chef announced it is set to close the round once the £2 million is reached. As previously reported, Mindful Chef, which raised £1 million through its equity crowdfunding campaign on Seedrs last… Read More

October 6, 2017 @ 9:14 pm By Samantha Hurst  |  

Earlier this week, UK-based peer-to-peer lending platform Landbay announced its September saw a total of £6.31 million lent across 31 mortgages and it announced five new hires.  According to Financial Report, last month’s lending levels were higher than the previous two months combined.  Among the new… Read More

October 6, 2017 @ 12:48 pm By Samantha Hurst  |  

Shaw Academy, an online education provider that teaches a variety of subjects live through a software platform, has launched an equity crowdfunding campaign on Crowdcube. Currently seeking £2,194,000, the company has already secured more than £1 million from over 500 investors. The company stated its… Read More

October 6, 2017 @ 10:45 am By JD Alois  |  

Racefields has announced that its debt trading platform RCX has garnered a listings value of £5.7 million in just two weeks following platform launch. The platform shares that each bridge loan is value from between £250,00 to £1.7 million. These loans are a mix of… Read More

October 6, 2017 @ 8:35 am By JD Alois  |  

Andrew Hauser, the Executive Director of Banking, Payments and Financial Resilience from the Bank of England, delivered a speech today explaining why “this time is different.” His statement reflected on detractors who criticize Fintech as more of the same. Sure, ATMs came along and they were… Read More

October 6, 2017 @ 7:58 am By JD Alois  |  

The Bank of England has published an update on their FinTech Accelerator program announcing the latest cohort of proofs of concepts along with a status report. The news shared as part of a speech by Andrew Hauser, Executive Director for Banking, Payments and Financial Resilience delivered… Read More

October 5, 2017 @ 10:02 pm By JD Alois  |  

Late last month, Christine Lagarde, International Monetary Fund Managing Director, delivered a speech in the UK envisioning a future without banks. Now Lagarde did not say banks will no longer exist but she stepped up to the precipice of the death of banking stating there… Read More

October 5, 2017 @ 3:23 pm By Samantha Hurst  |  

With less than two weeks until its equity crowdfunding campaign closes on Crowdcube, indoor climbing brand Boulder Hut has successfully secured its initial £240,000 funding target thanks to nearly 260 investors. The funds raised will go towards Boulder Hut’s its first centre in Ellesmere Port, which is… Read More