Chip preps £10m crowdfunding campaign
UK smart savings app Chip says 25,000 people have pre-registered for its upcoming Crowdcube campaign, which aims to raise £10 million.
Fintech startup Lanistar raises £15 million
Lanistar, a personal financial management startup, has raised £15 million to support its forthcoming commercial launch in Winter 2020.
Launchnodes helps to support the launch of Professional Services in AWS Marketplace
Launchnodes announced today that it is participating in the launch of Professional Services in AWS Marketplace.
The Carlyle Group to acquire Calastone
Calastone announce that The Carlyle Group has reached an agreement to acquire a majority stake in the business from its current shareholders.
London FinTech TrueLayer partners with Visa
London API provider TrueLayer is collaborating with Visa, which now has a minority stake in the FinTech as part of a $35 million Series C funding round in June, outlets reported on Tuesday (Oct. 29). The funding round was led by Temasek and Tencent with participation from previous investors Northzone and Anthemis. The investment helped TrueLayer expand across Europe to Germany, France, Italy and Spain. It also launched payment initiation capabilities and partnering with companies including Revolut, Zopa, ClearScore, Plum, Emma, CreditLadder, Canopy, and ANNA Money. “We want to scale open banking to a level where it manifestly impacts every aspect of financial services for consumers,” he says. “[This] requires […]
Bitbond secures £4.2m to fund SME loans
Global bitcoin peer-to-peer lending platform Bitbond has received a €5m (£4.2m) commitment from Obotritia Capital to fund small- and medium-sized enterprise (SME) loans. The Potsdam-based investment firm, which usually channels its funds into German commercial real estate, has also bought an equity stake in Bitbond, although the terms of that deal were not disclosed. With the new debt facility, SME loans will be funded instantly on Bitbond’s platform, reducing the time it takes business owners to apply and receive a loan to 30 minutes. The equity investment will be used for further product development and marketing, to grow Bitbond’s user base. “The debt commitment by Obotritia brings Bitbond to the […]
