Tagged: uk

Social Lending Awards are Set for January in UK

Social Lending Awards Judges

The inaugural Social Lending Awards is preparing to take place in London this coming January.  A veritable who’s who in the crowdfunding and peer to peer lending space will be participating in the ceremony.  The awards represent a major first for the social lending community with the intent to become the leading annual industry gathering for… Read More

UK Entrepreneurial City Clusters (Infographic)

Tower Bridge London (Wikipedia)

The below interactive infographic is an interesting depiction of the entrepreneurial clusters that have formed in the United Kingdom.  The infographic is courtesy of the Policy Exchange and was developed in conjunction with a report on supporting tech clusters outside of London. The UK is experiencing significant growth in the technology sector.  FinTech has been… Read More

Beauhurst: Record Year for Equity Investments in UK

10£ Queen Elizabeth British Pounds

According to research firm Beauhurst, United Kingdom equity investment has been growing at around 25% per year for over three years now – an impressive pace.  At least part of this growth is due to the liberal approach taken by UK regulators regarding new methods of capital formation such as crowdfunding.    Beauhurst reports that… Read More

London Councils Back Spacehive Campaign to Help Boroughs Crowdfund Christmas Lights

Save Santa

Companies, councils, and locals are coming together to Save Santa this Christmas through a national online campaign to raise funding for festive high street decorations.  Civic crowdfunding platform, Spacehive, is calling on companies to help cash strapped towns and London boroughs secure the funds needed to bring festive cheer to our high streets – from… Read More

Famous Rockband Bush Turns to PledgeMusic for Upcoming Album

Bush 5

Ready to unleash their latest project to fans, the bandmates of Bush have launched a crowdfunding project on PledgeMusic. By pledging funds, the backers can get the band’s merchandise and access to the upcoming album, Man on the Run. After leaving his original band, Midnight, British singer Gavin Rossdale met former King Black guitarist Nigel… Read More

First Deal Closed on SyndicateRoom “Captive Media”, Returns for Follow on Equity Crowdfunding Round

captive media

SyndicateRoom, a fast growing equity crowdfunding platform in the UK, has announced that Captive Media has returned to their site to raise additional capital.  Captive Media holds the title of the first deal ever closed on SyndicateRoom – a funding round that took just 27 days, back in November of 2013 to raise £300,000.  The… Read More

Chilango Talks Mini-Bonds with The Economist

Chilango Burrito

Chilango, a UK based Mexican restaurant chain, was the first mini-bond ever to go the crowdfunding route.  Called the “Burrito Bond” the offer for the 4 year security with an 8% coupon launched this past June and quickly funded hitting its initial goal of raising £1 million on Crowdcube. The campaign is now in over-funding mode… Read More

The Crowdfunding Centre: London is the World’s Crowdfunding Capital

British Flag

Move over, New York City and San Francisco. According to a recent report, London has been dubbed the world’s capital of crowdfunding. During one of The Crowdfunding Centre events last week, an interactive map shows that London was the top city for the funding option, all thanks to local businesses and startups creating more campaigns… Read More

P2P Lender LendInvest Surpasses £100 Million in Loans

LendInvest Logo New

LendInvest, a UK based peer to peer lender that targets the mortgage sector, has announced they have surpassed £100 million in loans via their platform.  The P2P lender was launched in May of 2013 and according to the site this paces LendInvest as the fourth largest P2P lender in the UK following Zopa, Ratesetter and… Read More

Crowdcube Shares Advice on Equity Crowdfunding

Crowdcube Updated Logo

Offering up some words of wisdom when it comes to equity crowdfunding, Crowdcube shared strategic insight in a post titled 7 Points Investors Should Consider. The platform provided advice for a wide range of equity topics including how to handle risk and skeptical investors. Investing on crowdfunding sites is increasing in popularity. Crowdcube has seen… Read More

Assetz Capital Explains P2P Loan Pricing

P2P

Assetz Capital, a UK based peer to peer (P2P) lending platform, has shared their approach to pricing their loans.  Assetz has raised over £40 million since their launch back in 2013.  Assetz Capital is part of the Assetz group of property and financial services companies that have grown profitably since 1999. The group currently has over… Read More

Funding Circle: The Rise of Peer-to-Peer Lending (Infographic)

Funding Circle Taking Over the World

Funding Circle is having a birthday today. The peer-to-peer (P2P) lending platform is turning 4 years old.  We would love to share some cake and sing some songs in celebration but unfortunately a few thousand kilometers separate us from the festivities that most certainly are taking place.  In recognition of their journey, Funding Circle has… Read More

Funding Circle Sheds Light on Defaults & Recovery

Funding Circle Logo

Funding Circle, a peer to peer lending platform that strives to operate a highly transparent lending business, recently shared some insight into their defaults and recovery side of their company.  Just like any other investment, lending on a P2P platform entails risk.  Investors mitigate risk by having a balanced portfolio.  Data on P2P lending platforms… Read More

Water-to-Go Secures Its Initial £125,000 And More on Crowdcube

Water-To-Go 4

Caddington-based Water-to-Go Ltd surpassed its crowdfunding target of £125,000 (US$ 210,000) on Crowdcube and closed to £167,000 with more than three weeks left for further investment. This was after major high street banks refused to lend against property assets valued at several multiples of the requested funding amount. Per the campaign’s website, Water-to-Go is a personal water… Read More

How Not to do Crowdfunding

How NOt to Crowdfund UKCFA

We are a young industry, but fast moving, and with more than 9 million members across all the different crowdfunding platforms in the UK, and more than 600,000 projects and businesses already successfully funded, between us we have already learnt a lot about what works and what doesn’t work so well in the world of… Read More

Chilango Co-Founder Eric Partaker Talks Burrito Bonds (Video)

Eric Partaker Chulango SkyNews

Eric Partaker, co-founder of UK restaurant chain Chulango, recently hit the studios of SkyNews to chat up their “Burrito Bond” offer listing on Crowdcube.  Chilango was the first ever “mini-bond” offer on the crowdfunding platform paving the way for other companies to leverage the internet with debt crowdfunding. The offer was originally seeking to raise… Read More

Clear Books Launches Equity Crowdfunding Campaign to Raise £3.3M

clearbooks_logo

British cloud accounting software company, Clear Books, is aiming to raise £3.3 million on its own equity crowdfunding offering.  This follows its first oversubscribed crowdfunding offer from last year. The company is offering 275,000 shares at a subscription price of £12 per share. Whereas its competitors are backed by venture capital, private equity and pension funds,… Read More

FCA Consultation on Social Media Use Met with Trepidation

Beware of Twitter Social Media

The Financial Conduct Authority has just released their guidance consultation on social media use within the financial industry and some crowdfunding industry followers remain concerned about the direction the document is taking. Sharon Flaherty, founder of boutique content marketing consultancy BrandContent, shared her opinion on the FCA guidance publication; “As predicted, the long-awaited social media… Read More

Many Crowdfunding, P2P Platforms, Join Innovate Finance Founding Members

Claire Cockerton

Announced just this past week, Innovate Finance is a new industry body for the fast grow tin UK FinTech industry. The representative group was backed by over 50 financial industry participants including big names in the crowdfunding industry such as Crowdcube & SyndicateRoom.  Peer to peer lensings included leading names like RateSetter and LendInvest.  The… Read More

Powered Now – Overfunds by 167% on Crowdcube

Powered Now iPhone 5

Devon-based tech start-up, Powered Now has successfully concluded its investment pitch on equity crowdfunding platform Crowdcube. Initially aiming to raise £350,000 from the crowd, Powered Now smashed its original target, overfunding by 167% to secure £585,580 within five weeks of listing. Powered Now is a mobile admin application aimed at sole traders and small firms… Read More