Tagged: uk

Establishing a Financial Services Firm in the UK: Britain Welcomes the Business

The UK Telephone Call Great Britain

The United Kingdom has been very vocal, and aggressive, in courting financial firms and FinTech startups. Chancellor of the Exchequer George Osborne wants the UK to be the world leader in developing innovative FinTech firms.  Osborne enjoys a partnership with his objective in Prime Minister… Read More

Game Show Host Richard O’Brien Set to Return to Crystal Maze Following Indiegogo Success

Richard O'Brien

Nearly two weeks after the close of the Crystal Maze Indiegogo campaign, the game’s former host Richard O’Brien announced he will officially be returning to the set of the popular UK show. The Crystal Maze campaign kicked off on the platform this past June and… Read More

FCA Appoints Christopher Woolard to its Board

Christopher Woolard on BBC

The Financial Conduct Authority (FCA) has announced the appointment of Christopher Woolard to its Board.  Woolard is currently the Director of Strategy and Competition at the regulatory entity.  Woolard has been a member of the FCA executive committee since the FCA was created from the… Read More

PM David Cameron Backs the UK FinTech 2020 Manifesto: Aims to be Leading Global Fintech Centre

UK

UK Prime Minister David Cameron has backed the UK FinTech 2020 manifesto created by FinTech trade body Innovate Finance, according to a release. The manifesto, which was released as Cameron leads a trade delegation of British FinTech leaders to South East Asia this week, aims… Read More

InvestUp CEO James Tuckett Talks Crowdfunding: “2015 is a Watershed Year”

James Tuckett

This week Crowdfund Insider featured Chris Tyrell’s post “Crowdfunding is Impacting the Global Economy” and Rodrigo Niño’s post “Crowdfunding: From Impossible, to Improbable to Inevitable in less than 10 years,” James Tuckett, CEO of investUP adds to this exciting conversation below as he shares his insights in a release regarding… Read More

Crowdcube Raises £6 Million led by Numis & Tim Draper. Will Partner with Numis on IPOs

Crowdcube on Taxi

Crowdcube, UKs largest equity crowdfunding platform by total capital raised, has received £6 million in a funding round to further boost growth.  The funding was led by Numbs, a stockbrokerage firm, Tim Draper / Draper Esprit and existing investor Balderton Capital.  The announcement of new… Read More

London’s Natural Weight Loss Company Hits Crowdcube to Fight Obesity With Nutritional Drink “MaxMeal”

MaxMeal 4

London-based Natural Weight Loss Company recently launched an equity crowdfunding campaign on Crowdcube to raise £55,000 to fight against obesity with a new milkshake, MaxMeal. The company, which was created by nutritionist Max Tomlinson and his wife Filipa Tomlinson, shared: “Obesity is a global problem costing $2 trillion, and… Read More

UK Equity Crowdfunding Platform Seedrs Raises £10M During Series A Funding Round to Launch in the U.S.

Seedrs Champagne 2013

Equity crowdfunding platform Seedrs revealed this week that it has raised £10 million during a Series A round led by Woodford Patient Capital Trust plc (WPCT) and Augmentum Capital. The funds will reportedly be used to launch into the U.S. market. According to TechCrunch, the platform previously captured $7.2… Read More

Indiegogo Greece Bailout Campaign Organizer Thom Feeney Believes: Successful Initiatives Don’t Require Large Project Teams

Thom Feeney

His recent “Greece Bailout” Indiegogo campaigns quickly gained attention worldwide, but while both his campaigns were not as successful as he hoped, Thom Feeney believes that his projects (along with others) do not require a large campaign team. According to GrowthBusiness, Feeney stated while speaking… Read More

Funding Options & Finpoint Shortlisted for British Business Bank Referral Program

British Business Bank

Funding Options and Finpoint, both GLI Finance portfolio companies, have been shortlisted for the British Business Bank referral program.  Established under the Small Business Enterprise and Employment Act, the program requires traditional banks to refer any SME whose loan has been rejected to an alternative… Read More

Powered Now Revisits Crowdcube for Second Crowdfunding Round: Secures over £144K in 24 Hours

powered now & crowdcube

Established in 2012 and based in the UK and Hungary, Powered Now focuses on developing software for business owners. Co-founders are the serial entrepreneurs and e-commerce trailblazers Chris Barling (who set up Actinic in 1996) and Benjamin Dyer, a software developer and former director at… Read More

UK Reparo Finance Selects Mambu to Launch New Business Line: Targets SME Loan Market

UK

Mambu, the SaaS banking platform provider, today announced that Reparo Finance, an independently-owned business finance company  specializing in SME business lending, has selected Mambu to launch a new business line offering loans to small-to-midsize enterprises (SMEs) in the UK.  The company chose Mambu’s cloud-based platform… Read More

Cash Genie, a Payday Lender, Agrees to Pay £20 Million for Unfair Practices

Financial Conduct Authority Box FCA

Cash Genie, operated by Ariste Holding Limited, has agreed to pay over £20 million to over 92,000 former customers for unfair business practices. According to the Financial Conduct Authority (FCA), Cash Genie charged fees and interest which were unfair. The FCA gave the example of Cash… Read More

GLI Finance Shows Solid Growth During Past 12 Months

GLI Finance Portfolio

GLI Finance, a portfolio company that operates multiple internet finance companies, states their platforms are experiencing solid growth as “SME finance opportunity continues to boom”.  GLI is publicly traded on the LSE. According to a company report, the GLI platforms leading the charge include; Finexkap… Read More

UK Cargo Bike Maker Boxer Cycles Launches Seedrs Initiative to Expand and Grow Worldwide Sales

Boxer Cycles 1

In order to start expanding, Poole-based cargo bike manufacturer, Boxer Cycle, has launched an equity crowdfunding campaign on Seedrs with a mission to raise £48,000 with a 7.41% per equity. The company stated: “Boxer Cycles are based in Poole, Dorset and use local manufacturers and… Read More

Reminova Offers US & UK Investors Chance to Fund “Revolutionary Tooth Building Invention”

dentist torture medical

A trip to the dentist is right up there with visiting your bank or calling your ISP. While probably not as bad as calling your ISP, dentistry today will be consider barbaric in the not so distant future and Reminova views itself as a significant… Read More

Holly and Beau Seeks Funds Through Crowdcube Campaign to Expand Color-Changing Children Rainwear Business

Holly and Beau 4

Giving kids a reason to love rainy days, Northfolk-based startup Holly and Beau has launched an equity crowdfunding campaign on Crowdcube to raise £50,000 for its color changing rainwear. The company was founded in 2012 by brother and sister duo Jack and Fleur Passant. They were inspired to create… Read More

Women Investors are a Force to Be Reckoned With

I love Peer to Peer Lending P2P

Something strange is happening. It may be received wisdom that women tend to invest less than men, and that when they do they are more risk averse, but something is up. Something is changing and it’s changing in a pretty fundamental way that might mean… Read More

Brief: Crowdfunding Platforms are Finalists for Several Industry Awards

First Place Prize Trophy

UK equity crowdfunding platform SyndicateRoom has been selected as a finalist for two awards. SyndicateRoom is in the running for Lloyds Bank National Business Awards and the 2015 Growth Investor Awards. The platform will compete in the ‘New Business of the Year’ category at the National… Read More

Funding Circle Lends $235 Million in Q2, Adds to Executive Staff to Manage Lending Growth

Jerome Le Luel

Funding Circle has declared approximately $235 million in lending for Q2, boosted in part by a solid June that saw $100 million in loans alone. Funding Circle stakes the claim as the “world’s leading online marketplace for business loans”. Funding Circle stated the US market grew a… Read More