Tagged: united kingdom

Iconic Liverpool “Bombed Out Church” to Be Saved by Crowdfunder campaign

Bombed Out Church

Liverpool set to save St Luke’s “Bombed Out Church” by raising funds on Crowdfunder. Residents of Liverpool have launched a Crowdfunder campaign to protect the future of one of the cities most famous landmarks and community spaces. The project, which has been launched on Crowdfunder, the UK rewards-based crowdfunding website has been created to raise £18,000 to provide a sustainable… Read More

FCA Accused of Gagging Social Media Use with Equity Crowdfunding

Stop Social Media

  According to a release by the CrowdfundingCentre, a briefing and submission to Ministers handed to Treasury officials documents how the FCA (Financial Conduct Authority) is abusing legislation created before the social web existed to gag its use with equity crowdfunding. The report states the action, which extends to gagging anyone even mentioning a crowdfund… Read More

Ratesetter CEO: British Business Bank to Start Using Ratesetter Platform

The British Business Bank

Peer to peer (P2P) lender Ratesetter received another round of good news as CEO Rhydian Lewis announced publicly the British Business Bank will start lending through the Ratesetter platform on July 21st.  The government owned entity was created to make financial markets work more effectively for small business. We are pleased to let our customers… Read More

Brief: Funding Circle Reviewing More Loans on a Case by Case Basis

British Pounds Sterling

Funding Circle UK recently shared they had adjusted their policy on the types of loans and security required to allow the offer.  The peer to peer lender removed the £150,000 threshold for loans without asset security thus allowing their credit team greater flexibility in assessing and approving loans. The company also stated they will start to review… Read More

Tim Simon, CEO of Madiston LendLoanInvest, Talks Future of Peer to Peer Lending

Madiston LendLoanInvest Crystal Ball

Peer to Peer lending is experiencing dramatic growth in the UK  (and around the world).  While traditional loans have, in some categories, lagged the economic expansion, P2P is booming.  In fact UK businesses have benefited from over a half a billion in funds and consumer P2P lending may have reached over £1 billion at the end… Read More

Update: Powered Now Takes Just 12 Days to Raise £350,000

Powered Now iPad

Powered Now Raises Equity on Crowdfunding Platform Crowdcube. Tech start-up Powered Now, a mobile administrative app for tradesmen, has cruised by its equity crowdfunding target of £350,000 after just 12 days and is now overfunding. The additional capital will be used to further market and develop its app for tradesmen and field trade companies, simplifying… Read More

Nicola Horlick’s Glentham Capital Raises Equity on Seedrs for Major Expansion

Nicola Horlick Glentham Capital

Boosts Equity Crowdfunding Offer – Raising £450,000 on Seedrs. Nicola Horlick, one of the UK’s most well known and highly regarded fund manager, has announced that her new fund management firm, Glentham Capital, is increasing the target for its core film finance fund from $100 million to $250 million.  Apparently the increase has been driven… Read More

FarmDrop is Equity Crowdfunding for Online Farmers Market

FarmDrop producer

FarmDrop backed by ASOS and Street Car founders. FarmDrop, a new way to buy and sell local and seasonal food is raising capital on equity crowdfunding platform Crowdcube.  The digital farmer’s market has launched a campaign to raise £400,000 representing 17% equity in the company.  The funding round has quickly raised over £170,000 backed by… Read More

Crowdfunding Mailbox: Fitle Reinvents Shopping, Tablet Riser for iPad & Wedg Secure Cloud Solution

TabletRiser Featured

So for all Mailbox readers today – I will suggest you read the story about the Coolest Cooler.  Not necessarily because it is a cool project (it is) but because the organizer launched a campaign back in 2013 – for effectively the very same product – and failed.  The campaign was looking to raised $125,000… Read More

Cauli Rice Seeks to Raise £300,000 in Equity For Low Calorie Alternative Meal

Cauli Rice 3

Ready to bring an alternative to white rice, UK-based Cauli-Rice launched a Crowdcube crowdfunding campaign to raise £300,000 in equity for its low calorie meal. Cauli-Rice is considered a rice replacement product that has 80% less calories but with the same level of taste and satisfaction as ordinary white rice. The company noted, “We beleive it… Read More

Peer-to-Peer Lender RateSetter First to Receive Risk Rating

Rhydian Lewis

RateSetter risk-rated similar to cash by FE, a provider of investment analysis and research. The growing global peer to peer (P2P) lending industry took another step in the direction of popular acceptance as RateSetter, the UK’s biggest P2P lender by monthly volume, has now become the first platform to be risk-rated by the ratings and… Read More

Newspryng Launches New Crowdfunding Platform For Freelance Writers & Journalists

Newspryng 1

UK-based crowdfunding website Newspryng officially launched its platform last week. The new site offers freelance writers a chance to publish their new work, while getting paid for it. Explaining the platform’s main focus, the team of Newspryng stated it “experiments with a new model for journalism that combines open journalism with crowdfunding. Much has been… Read More

Update: Future Ad Labs Hits Funding Goal in 36 Hours with Convertible Offer

Future Ad Labs Convertible

That was fast.  No sooner had Future Ad Labs announced their public offer for convertibles on Seedrs than the offer was fully funded. The funding took only 36 hours to complete. The company was seeking a raise of £300,000 and as of this writing the investment already funded stands at £300,170.  The convertible offer is… Read More

LendInvest Now Originating Deals for Montello Capital Funds

LendInvest Logo New

LendInvest, a Peer to Peer lending platform targeting the mortgage industry, has shared they are now originating deals for the Montello Capital range of funds.  Montello is owned and operated by Christian Faes and Ian Thomas – both co-founders of LendInvest their P2P venture.  LendInvest will now start working more closely with Montello as the firm… Read More

Tech App dubble Announces Equity Crowdfunding on Volpit

dubble 1

This Thursday (July 9), dubble, a photo collaboration app, will launch an equity-based crowdfunding campaign to raise a large seed round of investment on Volpit; a new startup investment platform owned by the youngest ever team to receive full FCA authorization. Since launching the beta version in October 2013, dubble has amassed over 120k users… Read More

Crowdfunding Site GamCrowd Self-Crowdfunds (Infographic)

gamcrowd

Gambling Specific Site GamCrowd looks to raise funds on own platform. GamCrowd the gambling-specific crowdfunding and crowdsourcing platform that launched ear lie this year has launched a self-crowdfunding campaign to raise funds for their own platform. Following in the path of several very high-profile platforms, GamCrowd is “practicing what they preach” and offering equity in… Read More

UK Peer-to-Peer Finance Association: What They Do (Deck)

P2P

The UK Peer to Peer Finance Association (UKP2P) is the self regulatory body behind the booming peer to peer industry in the UK.  Last year the association’s members experienced a growth rate of 121%.   The major industry participants have set about to create some reasonable (in my opinion) guidelines for their members creating a… Read More

UK: How Does Crowdfunding Work? (Video)

Christopher Woolard on BBC

This one is courtesy of our mates at the BBC;  a short video about how young companies are “bypassing banks” and putting their pitch up on the internet.   The very brief video touches on some prominent crowdfunding campaigns.  The reporter mentions a small confectioners company that produces dairy & gluten free chocolates – a… Read More

Social Enterprise Projects on Crowdfunder Benefit from Match by Santander

Ross and EleanorSantander

Twelve South West England social enterprises are to benefit from £10,000 match funding from the Santander Social Enterprise Challenge, run in partnership with the UK’s largest rewards-based crowdfunding platform, Crowdfunder. The challenge was created to fund promising social enterprises from across the South West. Social enterprises launched their crowdfunding campaigns on Crowdfunder and those with… Read More

Angels Den Funded Company “Clear Returns” Wins UKBAA Award

Vicky Brock & Sally Goodsell

Wins Award for Best Women-Led Investment of the Year The evening of the first day of the UKBAA Investment Summit kicked off with a black tie gala dinner and awards event.  Awards were nominated from a range of businesses, investors and intermediaries. All eight of Angels Den’s entries were shortlisted with Clear Returns going on… Read More