Tag: UK

UK regulator close to approving blockchain products

The UK’s Financial Conduct Authority (FCA) is moving closer to approving blockchain-based products.

Rakuten snaps up Bitnet assets for blockchain research lab

Japanese tech giant Rakuten is acquiring the assets of Belfast and San Francisco-based startup Bitnet to launch a blockchain research lab.

Crowdcube raises $10.4m on own equity crowfunding platform

Crowdfunding platform Crowdcube has raised ?8m ($10.4m) through a campaign on its own platform.

TransferWise launches business offering

TransferWise, the London remittances startup valued at $1.1bn, is launching TransferWise for Business to cater to SMEs sending money abroad.

Datapipe bets on UK to expand in Europe

US hybrid cloud services provider Datapipe has acquired UK cloud startup Adapt as it expands in Europe.

Reposit takes $520,000 to rethink tenancy deposits

Reposit, an alternative tenancy deposit platform has raised ?400,000 ($520,000) in a seed funding round.

Mondo plans to raise $19m to $26m for full banking licence

UK challenger bank Mondo plans to raise a further £15m ($19.4m) to £20m ($26m) as it seeks to have the restrictions on its newly awarded banking licence lifted.

Onfido grabs fresh funding from Salesforce Ventures

London-based identity and background checking startup Onfido has raised a new round of venture funding.

Buzzmove picks up $7.7m for property insurance

Buzzmove, a UK PropTech and insurance startup, has raised a fresh £6m ($7.7m) in a sizable seed funding round led by White Mountains Insurance Group.

Global Reach Partners scoops up FC Exchange

London-based money transfer service FC Exchange is being acquired by Global Reach Partners (GRP) in an undisclosed deal.

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