Tagged: uk

Cambridge Centre for Alternative Finance Annual Conference – Cambridge

The Cambridge Centre for Alternative Finance, with the support of CME Group Foundation, is holding its second annual dinner and conference – Navigating the Contours of Alternative Finance.  Bringing together industry leaders, policymakers and academic researchers for a one-day invitation-only industry and academic conference. To learn,… Read More

UK P2P Lending Market Researcher Orca Dives into P2P Provider Rating Services

Orca, a leading independent data, research and analysis providers on the UK P2P lending market has announced its plans to launch its own four-factor rating service for individual P2P providers, the Orca Rating. The rating will be designed in partnership with Dublin City University’s Irish Centre for… Read More

IW Capital Completes £2.2 Million Funding Round for SaveMoneyCutCarbon

UK-based private investment house IW Capital has completed the first close of a £2.2 million funding for SaveMoneyCutCarbon. The company is an energy and water savings consultancy and online retailer. SaveMoneyCutCarbon works with organizations and homes to reduce energy and water consumption and cut operating… Read More

Crowdcube Partners with WeWork to Boost European Expansion

UK crowdfunding platform Crowdcube has announced a new partnership with fast-growing shared workspace company WeWork.  The new partnership will help boost Crowdcube’s European expansion goals.  Crowdcube will be opening offices in both Paris and Amsterdam within the next two months and will continue to roll… Read More

FlashFunders Sold to UK-based Boustead & Co.

Full stack crowdfunding platform FlashFunders has been sold to Boustead & Co. While no official announcement has been made, social media profiles are being updated to reflect the transaction. Co-founded by Vincent Bradley and Brian Park, FlashFunders was one of the first Regulation Crowdfunding portals… Read More

Irish P2P Lender Linked Finance Receives FCA Authorization, Ready for UK Expansion

Linked Finance, an Irish P2P lending platform, has received full authorization by the UK Financial Conduct Authority which will enable the platform to actuate growth into the UK market, according to multiple Irish news sources. In late April, the Ireland government announced a Public Consultation on the Regulation… Read More

Defying Brexit Gloom: UK Online Lender WiseAlpha Exceeds £627K During Second Crowdcube Run

WiseAlpha, a UK online lending platform that gives everyday investors access to high yield institutional bond and loan investments, has raised over £627,000 on its Crowdcube return in just 7 days, coming in at 125% over its original target. More than 433 investors have invested in return… Read More

Report: UK Investors Turn to Property Investment During Brexit Uncertainties

Peer to peer lender Kufflink is out with a report that UK investors are turning to property investment in response to Brexit uncertainty and the forthcoming snap election.  Kufflink is a relatively young P2P lender in the property sector so any shift in property investment… Read More

UK P2P Lender RateSetter Announces Joanna Wright as New CRO

Peer-to-peer lending platform RateSetter has appointed Joanna Wright as Chief Risk Officer. Wright joins RateSetter from GE Capital where she was Chief Risk Officer for GE Capital Bank in the UK, leading a team of over 200 risk professionals with responsibility for prudential and enterprise risks… Read More

Quarter Billion Milestone. P2P Lender Assetz Capital Keeps Growing

Peer to peer lender Assetz Capital has surpassed £250 million in lending for UK businesses. The platform has accomplished this milestone in the four years since its launch in 2013. The company reports that approximately 20,000 registered lenders have earned over £21 million in interest… Read More

Into the Black: TransferWise Celebrates Operational Profitability

UK Fintech TransferWise has reached operational profitability six years after launch, according to a release. The Estonia-founded, London-based currency exchange startup indicated that it is currently amassing £8 million a month in revenue and is on target to reach £100 million for 2017. “To have hit… Read More

Growth Capital Ventures Says it is Ready to Power the Northern Powerhouse

Growth Capital Ventures (GCV) says it is ready to help fuel early stage companies in the North with a £57.5 million investment fund. GCV said it is working with Maven Capital Partners to help fund promising businesses. In late 2016, Maven invested £1.1 million in… Read More

Mindblower Pre-Sale Crowdfunding Site Offers Money-Back Guarantee

One of the most challenging problems with perk-based crowdfunding is that too frequently project creators fail to deliver. While outright fraud may be rare, projects that don’t deliver or over-promise and under-deliver is commonplace. This has undermined the entire ecosystem as backers have become wary… Read More

Did You Know That More Than 100,000 Women are Investors on Crowdcube?

There has been much discussion about the potential of investment crowdfunding to empower women and minorities. Occasionally we receive data or research that shares encouraging information that underserved communities are benefiting by newfound sources of capital. Recently, I saw a datapoint on Crowdcube, the largest… Read More

P2P Property Lender Lendy Tops £300 Million. Speed, Security & Low LTVs Key to Growth

Peer to peer property lender Lendy has surpassed £310 million in originations with £50 million coming in last 100 days. The P2P lender states that investors and developers are responding to post-Brexit slowdown in bank lending.  Lendy adds that quick turnaround, security and low Loan… Read More

Overfunding: Sports Nutrition Brand TRIBE Surpasses £1 Million Funding Target on Crowdcube

Less than one week after launching its equity crowdfunding campaign on Crowdcube, UK-based sports nutrition brand, TRIBE, has surpassed its initial £1 million funding target thanks to nearly 850 investors. The company reported that in the past 18 months since the founders quit their jobs to… Read More

UK P2P Lender RateSetter Nabs Paul Manduca for Non-Executive Chairman

P2P lending platform RateSetter announces that Paul Manduca has been appointed as Non-Executive Chairman. Manduca will join the Board on 1 June and will become Chair on 17 July, when current Chairman Alan Hughes’ three-year term expires. “Lending as an asset class has always been a virtual… Read More

MarketInvoice Receives £45 Million to Lend from BNI Europe

MarketInvoice, a UK based invoice financing platform, has received a £45 million lending commitment from Portuguese bank BNI Europa. “We are proactively working with Fintech businesses globally that prescribe to our vision of providing low-cost, innovative products with exceptional customer service. MarketInvoice has consistently delivered… Read More

Seedrs: Andy Murray Invests in Three UK Entrepreneurs, Den, Morpher & Landbay

Tennis star and Seedrs advisor Andy Murray has invested in three early-stage UK businesses. The Seedrs listed companies include Den, Morpher and Landbay. Murray’s Seedrs originated portfolio now stands at over 20 companies, according to the platform.  As has been the case in the past, Murray… Read More

Rock & Metal Music Service Primordial Radio Hits Seedrs to Raise £130,000

Primordial Radio, a rock and metal entertainment service that combines the freedom of streaming with the intimacy of a radio, has recently launched its equity crowdfunding campaign on Seedrs to raise £130,000.  According to Primordial Radio, the platform serves the UK rock and metal community…. Read More