Tagged: crowdstacker

Crowdstacker Appoints New Credit Committee Chairman Following Revelation of Bad Loan

Peer to peer lender Crowdstacker has appointed former RBS Senior Corporate Director, Ken Hillen, as Chairman of its Credit Committee. The move comes following a report that Crowdstacker had facilitated a loan to Burning Night Group in the amount of £7.5 million. Burning Night went… Read More

Overfunding: Crowdstacker Surpasses £800,000 Funding Target During the Final Days on Seedrs

Just days before its latest Seedrs funding round is set to close, Crowdstacker, a UK-based peer-to-peer lending platform, has successfully secured its initial 800,000 funding target from nearly 350 investors. As previously reported, Crowdstacker was founded in 2014 and describes itself as an award-winning FCA regulated online… Read More

Crowdstacker Milestone: Online Lender Exceeds £50 Million in Funds Raises For British Businesses

Crowdstacker, a UK-based peer-to-peer (P2P) lending platform, recently announced it has exceeded £50 million in funds raised for UK businesses that are featured on its portal. According to the online lender, 100% of the P2P lending funds raised for British businesses through Crowdstacker has come directly… Read More

P2P Lender Crowdstacker Now Seeking £800,000 Through Seedrs Funding Round

Crowdstacker, a UK-based peer-to-peer lending platform, is now seeking £800,000 through its equity crowdfunding campaign on Seedrs. Founded in 2014, Crowdstacker describes itself as an award-winning FCA regulated online alternative investment platform that provides ISA eligible P2P loans, bonds, and loan notes. According to the… Read More

UK P2PFA: Peer to Peer Lending Tops £3.1 Billion in 2017, Q4 Sees Considerable Growth as Borrowers Shift to Online Lending

The UK Peer to Peer Finance Association (P2PFA) has published aggregate fourth quarter data for of 2017 for its member platforms. The P2PFA shows that during 2017 £3,145,098,842 in peer to peer loans were facilitated. Cumulative lending transacted through P2PFA member platforms exceeded £8 billion…. Read More

What’s an IFISA? Many UK Investors Don’t Have a Clue

The Innovative Finance ISA or IFISA was has been pitched as a good investment option for savers.  The new retirement vehicle allows individuals to invest in peer to peer lending assets that may provide a better risk-adjusted return for investors. There is a growing number… Read More

Crowdstacker Claims the Title of Biggest UK Crowdfund

Yesterday we published an article about BrewDog raising £10 million on Crowdcube.  The funding round via Mini-bonds was described as the largest ever on a UK crowdfunding platform.  Later in the day, Crowdfund Insider was contacted by Crowdstacker saying not so fast – they believe… Read More

Crowdstacker’s Karteek Patel Reports: IFISA Secures £1 Million A Month

This week, co-founder and chief executive of Crowdstacker, Karteek Patel, revealed the lender’s Innovative Finance ISA (IFISA) has attracted £1 million from investors each month. As previously reported, Crowdstacker currently offers P2P investment opportunities backed by British businesses that are said to have a good track record… Read More

Bar Chain BurningNight Group Secures Over £500,000 Within First Week on Crowdstacker

BurningNight Group, a city center bar chain, successfully raised over £500,000 within the first week of its crowdfunding campaign on UK’s peer-to-peer lending platform, Crowdstacker. The company is currently offering 7% p.a. interest to those investing in the £3.5 million raise. It is looking to expand its chain… Read More

The Innovative Finance ISA is Available Today, Meanwhile Some Large P2P Platforms Wait for FCA Approval

The UK peer-to-peer (P2P) lending industry has been waiting for this day for quite some time. The Innovative Finance ISA (IF ISA) is now available to savers across the country representing a new investment option promoted as driving superior risk adjusted returns for investors.  With… Read More

Crowdstacker Releases Innovative Finance ISA Details for April 6 Launch

Crowdstacker is one of the elite few peer to peer lending platforms that has received the stamp of approval by the FCA as a fully regulated platform.  While other P2P platforms will follow, Crowdstacker will be ready to go next week as the Innovative Finance… Read More

New Year’s Resolution: Financial Apathy is a Challenge for the Alternative Finance Industry & Must Be Addressed

Of course, those of us who work in the alternative finance industry understand very well the benefits this new form of finance offers to everyone. But with recent data revealed at this autumn’s LendIt conference suggesting that retail investor awareness has plateaued in the last… Read More

Will the Innovative Finance ISA Allow Only a Few P2P Lenders to Participate?

  The draft regulations surrounding the forthcoming Innovative Finance Individual Savings Account was published earlier this week by the UK government. The much-anticipated vehicle is expected to add fuel to the peer to peer lending industry as it will open up the asset class to… Read More

Women Investors are a Force to Be Reckoned With

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

New Peer to Peer Lender Crowdstacker Loans to “More Established Business” up to £50 Million

Crowdstacker, a new peer to peer lending platform has launched today with its first loan product. The direct lender explains its approach as offering  retail investors the option to lend money to “non-listed but established mid-sized and financially stable businesses. Karteek Patel, CEO of Crowdstacker,… Read More

Send this to a friend