We use cookies to give you the best experience on our website. If you continue without changing your cookie settings, we assume that you consent to our use of cookies on this device. You can change your cookie settings at any time but if you do, you may lose some functionality on our website. More information can be found in our Privacy Policy.

OK

Compliance Team
Angels Den

Dear User,

You may have heard about the new General Data Protection Regulation (“GDPR”), that comes into effect May 25, 2018.

We would like to ensure you that your personal data is safe with us. Please read the details regarding the processing of your personal data and if you agree with the processing as described below, please click the ‘I agree’ button.

Please be informed that you can withdraw this consent at any time.

1) What data are we talking about?

We are disclosing details regarding the processing of personal data that is collected within our calls and in connection with your use of Angels Den’s platform, Websites and other functionalities of Angels Den, including those saved in cookies files.

2) Who will be the controller of your data?

Angels Den Funding Limited (hereinafter referred to as AD) will be the controller of your data (Angels Den means all entities from the Angels Den capital group, which includes Angels Den Funding Limited with its registered office in London and all entities related to it and dependent on it) and only our Trusted Partners.

3) Why do we want to process your data?

We process this data for the purposes described in our Privacy Policy, including:
- compliance with any legal requirements and obligations,
- ensuring that content from our Website is presented in the most effective manner for you,
- marketing purposes,
- providing you with our services (including the completion and support of immediate activity required to provide you with information and deliver products and/or services that you request and to deliver any contracts entered into with you), or
- as otherwise explained in this privacy policy or by any communication by us.
Where you have explicitly consented to be contacted for such purposes, we use your personal data to provide information on our new and existing products and services.

4) To whom can we transfer data?

In accordance with applicable law, we may transfer your data to entities processing it at our request, e.g. marketing agencies, subcontractors of our services and entities authorized to obtain data under applicable law, e.g. courts or law enforcement agencies - of course only if they submit a request based on an applicable legal basis. Furthermore, we will transfer your data to Trusted Partners outside the European Union – to the USA – under the EU-U.S. Privacy Shield Framework.

5) What are your rights to your data?

You have the right to request access to, correct, delete your personal data. You can also withdraw consent to processing of personal data, raise objections and use other rights granted under GDPR (i.e. right to data portability).

6) Use of cookies

We use cookies to give you the best experience on our Website. This means that we have placed cookies on your device. If you continue without changing your cookie settings, we assume that you consent to our use of cookies on this device. You can change your cookie settings at any time but if you do, you may lose some functionality on our Website. More information can be found in our Privacy Policy.

In connection with the above, I agree to the processing of my personal data by Angels Den and its Trusted Partners. I confirm that I understand that my personal data is being collected as part of my phone calls, use of AD’s online platform, Websites, and other functionalities of AD, including the data saved in cookie files. I also consent to profiling in order to allow Angels Den and its Trusted Partners the provision of better services (including for analytical purposes). Your data will only be processed on a valid lawful basis in accordance with applicable data protection laws. The processing of your personal data for marketing purposes (including statistical analysis) by AD is based on the firm's legitimate interest. The processing for marketing purposes by our Trusted Partners is only possible if we receive your freely given consent. We will also process your personal data to fulfil our contractual obligations to you as contained in AD’s Terms and Conditions of the use of our Website and services. Therefore, this data will be processed on another lawful basis – ‘contract’. We will also process your data to comply with our legal obligations for our Service (such as anti money laundering and know your customer requirements), which is also a valid lawful basis in accordance with applicable data protection laws.

Expressing this consent is voluntary and you can withdraw at any time.

If you have any doubts or questions about the use of your personal data, please do not hesitate to contact me via email. I’m happy to assist.

Compliance Team
Angels Den
cl@angelsden.com

A brief analysis of the UK’s FinTech sector in 2019

Technology is revolutionising almost every aspect of day-to-day lives and business operations. Whether we are referring to accounting or pizza delivery, AI and RPA have streamlined so many processes that jobs as we currently know them will become redundant. Change is inevitable in every sector.

The financial services market has always been one of the most profitable ones, but it has been rather reluctant to innovation in the past century. Once automation started to benefit so many cross-sector businesses, financial services providers realised the real impact of modern technology on their industry. Being already profitable, automation and other related processes led to a new revolution in this sector.

In the UK, the FinTech market is one of the best places for investment and innovation. In 2018, 10% of the total equity investment made in this country was in this sector’s startups. The effect of this trend is that 5 out of the 14 unicorn startups in this country are FinTech ones.

UK FinTech Statistics Angels Den

Source: Beauhurst.com

 

Funding in this industry has been growing continuously for the past 8 years in the UK. In 2011, only 48 companies have raised £121 million. In 2018, 433 startups raised £1.85 billion and 2019 is expected to be an even better year, as almost a billion pounds were raised in the first quarter.  

Investors are interested in FinTech and they have good reasons, such as profitability and continuity. Because of the capital put at their disposal, startups are able to market their solutions easily and attract all kinds of customers. As the whole goal of this industry is to streamline and provide new services that traditional banks and financial institutions are unable to, a perfect combination between customer satisfaction and profitability is reached. These statements are backed by statistics, as from 935 FinTech startups that have ever existed in the UK, 63 have exited through an IPO or acquisition and 750 are still in business today.

UK FinTech evolution Angels Den

Source: Beauhurst.com

At Angels Den Funding, one of our forefront priorities is to constantly deliver innovative investment opportunities that are in-line with the current trends. After going through a rigorous selection process,  many FinTech startups were featured on our platform and successfully raised funding. Some of the most notable companies from this sector that have raised funding with us are Coriolis Technologies and Baanx.

Although these two closed their funding rounds with us earlier this year, we continue to feature similar startups every month. Check them out using the button below: