Tagged: united kingdom

Brief: Seedrs Tops £10 Million in Investment During Q1

Jeff Lynn

Investment crowdfunding platform Seedrs has shared it has experienced a very successful quarter having captured over £10 million in investment for Q1 while claiming the title of Europe’s most active equity crowdfunding platform. According to co-founder and CEO Jeff Lynn; “We’re proud to have become Europe’s most active equity crowdfunding platform – completing more deals than any… Read More

Google Exec Joins Crowdcube. Thor Mitchell Becomes Head of Product for Equity Crowdfunding Platform

Thor Mitchell

Thor Mitchell is leaving Silicon Valley and moving to the UK to join equity crowdfunding platform Crowdcube as Head of Product.  The new position at Crowdcube is described as serving the needs of entrepreneurs and investors thus assuring ongoing innovation and growth. Thor will be immediately tasked with building a team of Product Managers for Crowdcube… Read More

The People’s Panel – London

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. Join us for the culmination of The People’s Accelerator: The People’s Panel. An evening hosted… Read More

Aircraft Backed P2P Lender Ablrate Partners with SIPPClub

ATR Airplane Aircraft

Ablrate, a niche player in the peer to peer lending space that focuses on Aircraft backed securities, has announced a partnership with SIPPClub that is designed to enable sophisticated investors to invest in Ablrate loans through EvolutionSIPP. Self Invested Personal Pensions (SIPP) will assist the marketplace lender in sourcing loans. Ablrate has completed approximately £2 million… 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

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

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

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

JustPark Breaks Crowdfunding Records on Crowdcube, Hits £3.7 Million

JustPark 3.7 million

Parking innovator JustPark has closed its highly successful equity crowdfunding round on Crowdcube having raised £3.7 million from 2916 investors purchasing 15.61% equity in the firm in 34 days.  According to Crowdcube, investors came from around the world including Hong Kong, Costa Rica and Monaco. Approximately 1/3 of investors were users of the product. The… Read More

VPC Specialty Lending Investments Successfully Lists on London Stock Exchange

Peer2PeerLendingUK

VPC Specialty  Lending Investments PLC has successfully listed shares on the London Stock Exchange (LSE) on the “premium listing segment of the Official List.  VPC will trade on the LSE under ticker symbol VSL.  VPC was created by asset manager Victory Park Capital, a firm that has been aggressively investing in peer to peer lending… Read More

Seedrs 2014: A Year in Review (Infographic)

Seedrs Office Sign

Seedrs, a leading European investment crowdfunding platform, has been growing rapidly expanding its brand and offerings across all of Europe. The funding portal, one of the first in the UK, has put together an infographic to highlight some of its accomplishments from 2014 – of which there have been many. 15% month over month growth… Read More

Alibaba Partners with British Lenders as it Expands Financial Platform Reach

Alibaba Easy to do Business

Alibaba, the Chinese internet conglomerate, has formed another strategic alliance to provide loans to businesses. Earlier this month Alibaba inked an agreement with Lending Club to facilitate loans to US businesses seeking to purchase goods from China manufacturers. Now Alibaba has created a similar arrangement with ezbob and iwoca in the United Kingdom.  This is the… Read More

Investiere Publishes List of Top 5 European Investment Crowdfunding Platforms

Map of Europe

Switzerland based Investiere has published as list of the top 5 investment crowdfunding platforms based on total funding volume.  The rankings were released earlier this month.  Investiere only included platforms that publicly publish data on their site so platforms like Seedrs and SyndicateRoom, two leading UK sites, were excluded from the list (and may have been included… Read More

Are Potential UK Crowdfunders Caught in an FCA Logjam?

Logjam

  According to a recent report, aspiring UK crowdfunding platforms are suffering from extended delays in platform approval by the Financial Conduct Authority (FCA).  In an article published in the Guardian, the missive declared that, “the FCA has approved only two crowdfunding platforms in the past nine months and the number of applications pending has… Read More