Tagged: uk

IOSCO 2015

The FCA is delighted to be hosting the 40th Annual Conference of the International Organization of Securities Commissions (IOSCO), taking place on Sunday 14 June 2015 to Thursday 18 June 2015 in London, UK. Network with over 600 senior delegates from the UK and around the world, including representatives from over 200 of the global… Read More

The People’s Panel

The six pioneering organisations that have been taking part in The People’s Accelerator at The Young Foundation for the past four months will pitch to the Peoples Panel to galvanize financial and non-financial support from audience members and digital networks. The event will take place from 7pm – 9pm on Monday March 30th at Conway… Read More

Popular UK Frozen Yogurt Startup Lick Looks to Raise £200,000 on Crowdcube

Lick 2

Seeking to expand its quickly growing (and already popular) business, central Brighton-based frozen yogurt startup, Lick, has hit crowdfunding platform Crowdcube to raise £200,000 and is offering  6.25% in equity. Lick  is all-natural, fat-free and made from 100% yogurt using the special method that its co-founders, Ky Wright and Owain Williams, invented and spent many years developing. The yogurt is… Read More

London’s Camden Town Brewery Gains Over £2M on Crowdcube

camden-town-brewery-mix-beer

With less than two weeks until its equity crowdfunding campaign on Crowdcube comes to an end, London’s Camden Town Brewery has successfully raised over £2 million from close to 1,900 investors. The brewery was established in 2006 when founder Jasper Cuppaidge took over The Horseshoe Pub in Hampstead. He grew frustrated by the standard of London lager… Read More

VPC Specialty Lending Adds Positions in OnDeck, Funding Circle & Others

One Pound UK £

VPC Speciality Lending Investments (LSE:VSL) has published a brief comment stating they have added investments in several direct lenders including OnDeck Capital, Funding Circle (USA), Upstart Network, Borro and Kreditech.  VPC has also provided a balance sheet loan to Applied Data Finance.  The company acquired these investments from private funds managed by the Company’s investment… Read More

Funding Circle & Lancashire County Council Partnership Boosts 230 Local Businesses

Lancashire County Council

Peer to peer lender Funding Circle and Lancashire County Council have shared some data points on their partnership to provide capital to local businesses.  According to the pair, Lancashire County Council has directed over £1.5 million to 230 different companies.  The arrangement between the two entities was launched 2 years ago with the Council providing… Read More

UK Scheme Promoting Alternative Lenders Should Be Off the Ground by 2016

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If your small firm is rejected for a bank loan in Britain next year, consider hearing out the bank’s entire response: There are alternatives. A British government scheme that requires banks to refer small firms rejected for loans to alternative finance providers is expected to be underway by next year, noted the managing director of the British Business Bank,… Read More

FCA Publishes Business Plan for Coming Year

British Pounds Money £10

The UK Financial Conduct Authority is a relatively new entity having only been formed in 2013, reconstituted from its predecessor the FSA.  The transformation, which saw the responsibilities of the FSA migrated over to three different regulatory bodies, was engendered in part by the financial crisis and the associated political realities. The FCA’s plan for… Read More

All Street to Provide Research to Crowdfunding Investors

Emanuela Vartolomei

UK based All Street has launched its platform providing research for investors in crowdfunding offers.  The firm has claimed to be there first in the space.  All Street clarifies that all research will be independent and paid by the investors and not commissioned by platforms or issuers. As part of the announcement All Street said… Read More

UK Government Creates P2P Impact Fund. Commits £2 Million for Social Enterprises

Peer to Peer Blue

The UK has just announced a new £2 million fund created to back social organisations via peer to peer lending and crowdfunding platforms. The announcement did not mention specific platforms by name by disclosed platforms are being reviewed with an announcement coming  which platforms have been selected later this year. The new “P2P Impact Fund”… Read More

Funding Empire Launches New Asset Backed Lending Product in Partnership with BLX

Funding Empire Tablet

Peer to peer lender Funding Empire has announced a new, asset backed product in collaboration with The Business Lending Exchange (BLX).  The announcement was described as the “first product” in regards to the strategic relationship between Funding Empire and BLX. The new products are available as of tomorrow (March 24th).  As part of the agreement… Read More

Eureeca Receives FCA Approval in “Landmark” Event for Dubai Based Crowdfunding Platform

Sam Quawasmi and Christopher Thomas Eureeca

The Financial Conduct Authority has approved the application of Dubai based Eureeca and is now regulated under UK rules.  Eureeca is a leading investment crowdfunding platform in the Middle East.  According to Eureeca, the funding portal is seeking to assist UK based SMEs looking to enter the Dubai market by providing local capital and local expertise…. Read More

Property Partner Secures £5.2 Million to Build Global Stock Exchange For Residential Property

residential property market

Residential property crowdfunding platform, Property Partner, today announces a £5.2 million funding round to transform the way people invest in the residential property market. By bringing innovation and simplicity to a previously hard-to-access marketplace, Property Partner enables people to invest as much or as little as they like in individual residential properties – just as they… Read More

Crowdcube Launches “Sprint Programme” Specifically to Provide Up To £150K in Seed Capital for Startups

The Pressery 150K

Investment crowdfunding platform Crowdcube has announced the launch of a new program called the “Sprint Programme” designed specifically to help fund startups raise seed funding. The very first company to leverage the new feature, the Pressery, quickly raised £150,000 in hours. Back to the Future In a back to the future move, Crowdcube has gone… Read More

The House Crowd Announces £10 Million Milestone Since 2012 Launch

Frazer Fearnhead

Property investment company the House Crowd has announced surpassing the £10 million mark in funds raised since its launch in 2012.  The platform uses crowdfunding to raise capital to invest in property which is then refurbished. In September of 2014, House Crowd released it had bought 78 properties investing around £ 5 million. The Hale,… Read More

Peer to Peer Lenders Encouraged by Osborne Speech & Tax Break Policy

United Kingdom Budget UK

Earlier this week George Osborne, Chancellor of the Exchequer, took his story up to Parliament to share his view of the UK economy and his strategic vision going forward.  The speech was broadly well-received, and as politicians typically do, there was something for everyone including a tax consultation on newspapers (to help the jurassic industry maintain… Read More

iProperty Company Wants to Disrupt Real Estate Listing Sector & They Are Equity Crowdfunding on Seedrs

iProperty Real Estate listing

The combination of real estate and the internet is a perfect storm. The traditional approach continues to be labor intensive, and time consuming, for both sellers and buyersn and is truly in need of a big update.  iProperty is one of these new, innovative firms, that is pushing to disrupt established processes, creating efficiencies for… Read More

Landbay Hires New COO as P2P Lending Business Grows

julian cork

Peer to peer mortgage lender Landbay has appointed Julian Cork as Chief Operating Officer. Julian has been hired aid in the rapid growth being experienced by the funding platform. He will be joining co-founders John Goodall and Gray Stern in the buy to let focused platform. Julian previously spent 15 years at JPMorgan and was… Read More

Chancellor George Osborne Calls UK the “Comeback Country” as He Touts FinTech, Innovation & More

George Osborne 2

At the annual presentation of the budget to the House of Commons, Chancellor of the Exchequer George Osborne checked off a wide ranging list of successes as the UK economy has segregated itself from much of the rest of Europe.  The contrast between the years of the Great Recession remain stark for all, but according to… Read More

Ratesetter, UK’s Largest P2P Platform, To Launch With Two Self-Invested Pension Providers (SIPPs)

Officially_Retired_Tiara_Crown

With April’s at-retirement reforms at hand, RateSetter, the UK’s largest P2P platform, is planning to launch into the retirement space with two self-invested pension providers (SIPPs), according to a recent story in the Financial Times. The news comes on the wave of January’s update that RateSetter was nearing a deal with two providers, with two more in the works…. Read More