April 24, 2021 @ 8:12 pm By Omar Faridi
The United Kingdom has been touted as a world leader in Fintech, and it also has the “accolades” to back this position, according to a blog post by London-based
Pollinate, a global software business that teams up with banks to assist them with deepening and extending their relationships with their clients.
The team at Pollinate, which secured $50 million via a Series C round last month, points out that with “a strong track record of innovation, technology and development, it’s no surprise that in 2020 – a year of monumental change across all sectors – the UK ranked second only to the US in terms of total capital investment in fintech, with UK-based fintechs accounting for 408 of the 3,052 investment deals, and $4.1bn in funding that year.”
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th April 2021 ZEN Global Limited ( ZEN or The company ) has recently received an investment from JOMON Ltd, which will be matched by the UK Government s Future Fund amounting to almost GBP 1.5 million in financial backing. The impact of the Covid-19 pandemic has disproportionately affected start-ups and growth stage businesses who rely on equity investment. In a bid to stabilize promising businesses during these unprecedented times, the Chancellor has created the Future Fund. The Future Fund matches qualifying private investment by issuing convertible loans to UK-based companies with growth potential, supporting them through this disruptive period and shoring up market recovery.
ikigai: Fintech that Combines Banking with Wealth Management to Raise Capital on Crowdcube
ikigai, a UK-based Fintech that combines banking and wealth management, will raise capital on
Crowdcube. The securities offering is expected to go-live in mid-April.
Having already raised a pre-seed round of £2 million, ikigai plans to be the first UK Fintech to integrate banking and wealth management as well as private banking all in a single app.
According to the company’s website ikigai is crowdfunding for the following reason:
“ikigai is a well-funded Fintech with the backing of significant institutional investors, but we want to give our community the opportunity to be part of our journey as well. Our clients are at the heart of what we do and we want to ensure that as many of them as possible have the chance to own a part of our success. Along with our latest round of funding, all money raised through our crowdfunding campaign will be put towards accelerating our product and g