Tag: UK FinTech
UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions
PeppercornAI, an InsurTech specialising in conversational artificial intelligence, has successfully raised £3.25m.
WealthTech Fundpath secures an additional £2m
Fundpath, a pivotal player in the WealthTech sector, recently confirmed a new investment milestone with a £2m funding round.
SC Ventures secures pivotal stake in ethical FinTech Algbra
SC Ventures, the innovation and FinTech investment arm of Standard Chartered, has recently made a strategic investment in Algbra, a UK-based, Sharia-compliant ethical finance platform.
Blockchain & Digital Assets takes over as the most active UK...
• UK FinTech deal activity totalled at 118 deal in Q1 2024, a 40% drop from Q1 2023
• UK FinTech companies raised a combined...
40% of the UK’s top 10 FinTech seed deals were ESG...
Key UK FinTech seed deals investment stats in 2023
· UK FinTech seed deal activity reached 287 deals in 2023, a 34% drop from 2022
·...
Monzo eyes £4bn valuation in landmark funding round
Monzo is on the brink of securing a new funding round that could see the British digital bank's valuation soar to approximately £4bn.
UK FinTech investment more than halves in 2023
Key UK FinTech investment stats in 2023:
• UK FinTech companies raised a combined $4,190m in 2023, a 59% drop from 2022
• UK FinTech deal...
WealthTech innovator Prosper clinches over £1m in crowdfunding success
Prosper, a leading WealthTech platform, has closed its crowdfunding campaign, surpassing its initial targets to secure over £1m.
UK-based digital bank Kroo surpasses £1m crowdfunding goal
Kroo, a fully licenced UK bank known for its digital banking services, surpassed its crowdfunding target, amassing over £1 million in investments.
UK FinTech Wagestream acquires credit card challenger Keebo
Wagestream, the financial wellbeing app, is set to acquire Keebo, in a bid to assert its commitment to improving the financial health of shift and frontline workers in the UK.