Biz Builder Mike

You can't sail Today's boat on Yesterdays wind - Michael Noel

TrueLayer Secures $25 Million Through Series C Investment Round

by

UK financial API provider TrueLayer announced on Monday it secured $25 million through its Series C funding round. TrueLayer revealed that the investment takes the total amount it has raised to $72 million.

Founded in 2016, TrueLayer describes itself as a technology company that provides secure, global access to financial infrastructure. Developers notably use its APIs to build products that securely access data and initiate payments in real-time.

“TrueLayer is connected to major banks across the world, backed by leading venture capital, and trusted by some of the biggest names in fintech including Monzo, Revolut, and Zopa.”

TrueLayer also revealed in 2018, it became one of the first UK companies to be authorized and registered by the Financial Conduct Authority (FCA) to provide account information and payment initiation services under Open Banking and PSD2. Speaking about the investment round, the TrueLayer team stated:

“This funding will enable us to continue building financial connectivity that’s open to everyone, powering the development of new financial services in new geographies, and giving people more control over their financial lives.”

The TrueLayer team went on to add:

“We look forward to expanding across three continents in the next few years, as well as innovating on top of core open banking infrastructure to provide new services for our customers, like payouts and e-wallets. We are delighted and proud to team up again with such high profile global organisations and investors. It’s critical for us to have partners that are aligned with our long term strategy.”

TrueLayer is available in the UK, Europe, and Australia.

Source

Real Estate Source Platform Infabode Makes Another Return to Seedrs; Now Seeking to Raise £300,000 in Funding.

by

Less then a year and a half after raising £120,568 through its previous equity crowdfunding campaign on Seedrs, real estate source platform, Infabode, has made a return to the funding platform to raise an additional £300,000.

As previously reported, Infabode connects its community of users with industry information from the real estate sector on one customizable online platform. Infabode’s platform more than 40,000 users, 900 content providers, and hundreds of thousands of pages of insights on global real estate markets.

“Infabode aims to reduce the amount of time people spend trying to access key information from the Real Estate industry and allows its community of members to customise the content that they have access to. Companies provide their industry information and data to Infabode in exchange for the increased marketing reach. The platform boasts over 400 industry partners and thousands of pages of industry data.”

Infabode stated its business plan over the past five years is the following:

  • Phase One: Get all the best content in the industry on one platform.
  • Phase Two: Get the industry using its platform to access this information.
  • Phase Three: Monetization.

Infabode then noted:

“For our users it enables them to analyse everything happening in their sectors and for our content providers it increases the reach of their insights and brand.”

Funds from the Seedrs campaign will be used to continue the growth and development of the Infabode platform. The company is offering 20% discount through the funding round, which is set to close mid-October.

Have a crowdfunding offering you’d like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site!

Source

Technology-Led Entertainment Studio “The Cauldron” Now Seeking £500,000 Through Equity Crowdfunding Campaign on Seedrs

by

The Cauldron, a UK-based technology-led entertainment studio, is now seeking £500,000 through its recently launched equity crowdfunding campaign on Seedrs.

Founded in 2017, The Cauldron, which originally began as a Kickstarter project to open what it claims to be the world’s first wizard pub in London, is on a mission to “bring fantasy to life with science, technology, and design, and to create a community of people who believe that magic is possible⁠—it’s just a matter of perspective.” The company notes it calls this mission “The Magic of Things.”

“Much of the technology that powers our immersive experiences does not yet exist, and so we created our own ‘magicineering’ studio to bring these ideas to life through engineering.This studio, aptly named ‘The Magic of Things,’ is where our team of engineers, prop makers, designers, and experts in food and beverage come together, invent, and produce what you experience within our venues and through our retail products.”

The Cauldron further noted that its beachhead product is a wizard-themed immersive cocktail-making class that combines working magic wands with molecular mixology in a pre-booked class.

“The concept has evolved into a full-service restaurant, pub, and experience space that is ushering in the evolution of hospitality—interactive food & drink.We are debuting our new Superheroes Bar in 2020, where we bring the stuff of classic comic books to life through a technology-led immersive drinks experience.”

Funds from the Seedrs round will be used to continue the development of The Cauldron’s locations. The company is now offering 1.96% in equity at a £25 million pre-money valuation. The campaign is set to close mid-October. 

Have a crowdfunding offering you’d like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site!

Source