Tag: UK

London-based peer-to-peer (P2P) lending company Zopa has become the first in the UK market to surpass £2bn in loans. It has facilitated 300,000 loans since launching 12 years ago.

Artificial intelligence-powered finance chatbot Cleo has picked up $700,000 from angel investors. The London-based company saw participation from a large group of well-known European tech figures.

Pay-as-you-drive car insurance startup Cuvva has raised £1.5m in a new round of funding led by LocalGlobe.

There’s no shortage of hype surrounding blockchain, however, it’s still not clear where the real revenue-making potential is, nor where the greatest opportunity for returns lie.

UK-based digital mortgages startups habito has picked up ?5.5m in a Series A round led by Silicon Valley-based VC Ribbit Capital.

UK lender Wonga has hired Joanna Baker as its new CFO as the firm attempt to restructure in the face of stricter regulation.

London-based insurtech startup BoughtByMany has raised ?7.5m in a Series A round. Octopus Ventures led the investment.

Alternative finance intelligence service Crowdsurfer has picked up £1m in a new round of funding. Existing backer Mustard Seed led the investment.

Peer-to-peer (P2P) lending platform Funding Circle has raised $100m in a Series F round led by Accel Partners.

London-based financial service comparison platform CompareEuropeGroup has raised €20m in its Series A round. The investment comes from ACE & Company.