Tag: UK

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.

London-based online trading technology company Babel Systems is being acquired by US FinTech firm InvestCloud in a $20m deal.

Equity crowdfunding platform Seedrs is reporting a record year for the company with more than £85m invested into 158 deals on the platform.

UK peer-to-peer lender Funding Circle is expanding its partnership with the government-run British Business Bank Investments and receiving £40m to lend to small businesses.

Challenger bank Tandem is set to receive a £35m investment form UK department store firm House of Fraser.

London-based mobile banking startup aimed at migrants Monese has picked up $10m in a Series A round.