Tagged: united kingdom

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

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

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

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

Startupbootcamp Fintech Announces the 10 Startups Joining London Program

Startupbootcamp fintech mentors

 Startupbootcamp FinTech, an accelerator focused on disruptive finance, has published the 10 international startups selected to join its London program. The finalists include teams from across Europe, America and Asia-Pacific. According to Startupbootcamp, half of the class is already generating revenue and the entire group has already raised… Read More

Crowdfunding Mailbox: mifold Mini Booster Seat, Wearsafe is a Wearable Panic Button & droPrinter for your Smartphone

Crowdfunding Mailbox Featured 7.19.15

For this week’s Crowdfunding Mailbox we have mifold the “grab & go” booster seat, Wearsafe wearable tech to alert others when you are in trouble and droPrinter for your smartphone. mifold is described as the “first real innovation in child car booster seats in over… Read More

UK P2PFA: £500 Million in Peer to Peer Loans in Q2 2015

UK P2PFA Members July 2015

The Peer to Peer Finance Association (P2PFA) in the United Kingdom has released its quarterly tally of P2P loans for Q2 and according to the association loans came in at £507,336,204. This is for both consumer and SME loans and represents an increase of £48,103,898… Read More

Martin Wheatley to Depart FCA in September

Martin Wheatley

Martin Wheatley, the current FCA CEO, has announced his departure from the regulatory agency as of September 12, 2015. Wheatley will continue to advise the FCA board until January of 2016. Tracey McDermott will be taking over as Acting CEO from September 12 while the search for… Read More

UK Government Publishes Consultation on Deduction of Income Tax from Interest on Peer to Peer Loans

Peer2PeerLendingUK

The UK Government has published a consultation paper on the deduction of income tax from interest on peer to peer lending. Closing comments are expected by September 18, 2015. The query tackles the issue of who should deduct and pay taxes. The challenge is not… Read More

Funding Circle Lends $100 Million in June

Funding Circle Stack of Coins

Funding Circle is on a trajectory to originate around $1 billion in loans for 2015. The direct lender facilitated $100 million in loans in both the US and UK combined for the month of June, according to CEO and founder Samir Desai. The marketplace lending… Read More

Venrex Raises £1 Million on Seedrs Opening Up VC Investments to Wider Audience

Tom Fleming

“We are on a mission to democratise the venture capital investment business” In a pivotal offer, VC firm Venrex will raise £ 1 million in capital on equity crowdfunding platform Seedrs allowing ordinary investors to join an investment fund that is typically reserved for the wealthy… Read More

Epic Sugru Funding Round Closes Over £3.5 Million on Crowdcube

Sugru 1

Sugru, a unique type of mouldable glue that was listed by Time Magazine as one of the worlds top inventions in 2010 (beating the iPad no less), has closed its crowdfunding round on Crowdcube at over £3.5 million.  According to Crowdcube, 2700 investors from 68 countries… Read More

Good Progress in the Emergency Budget, But There is More Still to Do

George Osborne July 2015

The Emergency Budget This week saw the first Budget in the UK since the Conservative Party achieved a surprise win in the General Election in May. As the previous coalition government had already made promising steps towards the implementation of legislation which will improve access… Read More

Here is the Consultation Document that Will Help the UK Government Decide How to Include Equity Offered Via Crowdfunding Sites in ISAs

Goerge Osborne and Summer Budget 2015

As part of the UK government’s budget policy, Chancellor of the Exchequer George Osborne affirmed that soon (April 2016) ISAs will allow for peer to peer lending assets to be part of a savers portfolio.  Osborne also stated the government will consider allowing equity crowdfunded… Read More

Funded on Crowdcube, E-Car Club Delivers Early Investors a Successful Exit as EuropCar Acquires Company

E Car Club

E-Car Club raised £100,000 on Crowdcube back in 2013. The company went on to raise further capital from “socially minded investors”, including some of the crowdfunding investors, and then received funding by Ignite Social Enterprise. Details of the transaction were not revealed. E-Car Club, launched… Read More

Leaders of Innovative Finance Respond to UK Budget Policy, Embrace ISA Approach

George Osborne and his Summer Budget

  The Chancellor of the Exchequer’s summer budget was said to put economic security first and was a plan for “working people”. But incorporated in the policy statement was also aspects that should benefit disruptive financial firms on both the debt and equity side of… Read More

CrowdCube Raises £39 Million for Businesses in First Half of 2015

Sugru 1

Investment crowdfunding platform Crowdcube has just released their numbers for the first half of 2015 and according to their tally the funding portal has seen £53.5 million invested via their site with £38.9 million raised for a funded business. In 2014 the total amount raised… Read More