Tagged: uk

January 28, 2019 @ 10:04 am By JD Alois  |  

According to a note from the company, cryptocurrency exchange HubrisOne will launch an equity crowdfunding offer on an equity crowdfunding platform this week. The offering will first be launched to insiders that have downloaded the App. While HubrisOne posted on Medium in December the offering… Read More

January 25, 2019 @ 10:26 pm By Samantha Hurst  |  

MoveGB, an online fitness marketplace, has successfully secured its initial £1 million funding target through its equity crowdfunding campaign on Crowdcube. Founded in 2013, MoveGB has more than 6,000 activity providers and 350,000 registered users. The company claimed the third fastest growing UK business in 2017’s Deloitte… Read More

January 25, 2019 @ 7:44 am By JD Alois  |  

Syndicate Room’s bespoke investment fund for early-stage UK firms is accepting investors once again. The only HMRC approved EIS fund, investors can easily participate in the performance of an approximate basket of 28 different companies. Investing in early-stage businesses is very risky. Many, if not… Read More

January 24, 2019 @ 1:12 pm By JD Alois  |  

Investment crowdfunding platform Crowd2Fund has launched their third equity offering providing outside investors the opportunity to own shares in the company. Crowd2Fund says it hopes to grow its private ownership base from 121 high net worth individuals to 450. According to the campaign page, Crowd2Fund… Read More

January 23, 2019 @ 10:26 am By JD Alois  |  

Last week RateSetter reported over £3 billion in online lending. Today, RateSetter says more than 75,000 people have invested on the P2P Platform. RateSette reports that investors have earned returns of £120 million with an average interest rate of 4.4% per year since RateSetter launched in 2010. Mario… Read More

January 23, 2019 @ 10:05 am By JD Alois  |  

Stripe has formed a partnership with leading online SME lender Funding Circle  (LSE:FCH). According to a release, Funding Circle is now a “verified extension partner” thus allowing the lender access to Stripe user data to assess the creditworthiness of the business. Funding Circle will provide… Read More

January 23, 2019 @ 8:16 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) issued a consultation today on the emerging “cryptoasset” sector of finance.  The UK is well known for its thoughtful regulatory approach when it comes to innovative new financial services and the final outcome will be watched with interest around… Read More

January 22, 2019 @ 4:15 pm By Samantha Hurst  |  

UK-based fintech firm Nutmeg announced on Tuesday it secured £45 million through its latest funding round, which was led by Goldman Sachs and Convoy, which is an existing investor of the company. As previously reported, Nutmeg is described as the UK’s first online “discretionary investment management company.”… Read More

January 21, 2019 @ 12:05 pm By Samantha Hurst  |  

UK-based bicycle retailer Velorution has successfully secured more than £500,000 through its latest equity crowdfunding campaign on Seedrs. The round, which was launched last month and originally seeking £400,000, comes just two years after Velorution raised £625,744 through its first Seedrs initiative. As previously reported, Velorution describes itself as one… Read More

January 21, 2019 @ 7:42 am By JD Alois  |  

The once red-hot UK property market has cooled a bit. As Brexit fears persist, London property prices have declined dramatically from their peak more than a year ago. Headlines have done little to assuage concerns with one recent publication claiming housing sales are facing the worst… Read More

January 21, 2019 @ 7:11 am By JD Alois  |  

Digital bank Revolut experienced an App failure yesterday that left some customers hanging, according to a thread on Twitter. The embarrassing fail comes a bit over a month after Revolut announced the company had received a long-anticipated banking license. Revolut took to Twitter to respond… Read More

January 21, 2019 @ 4:39 am By Erin Hobey  |  

UK fintech business lender MarketInvoice has raised £26M in new equity funding during a Series-B funding round led by Barclays and Santander’s $200M fintech fund InnoVentures with significant participation from European venture fund Northzone, an existing investor in the company. Technology credit fund Viola Credit, who… Read More

January 20, 2019 @ 1:30 pm By Samantha Hurst  |  

Three Joes, a UK-based sourdough pizza restaurant chain, has successfully secured its initial £400,000 funding target on equity crowdfunding platform Crowdcube. The company reported it opened a pilot Three Joes sourdough pizzeria in Farnham, Hampshire in August 2017 and then approved the concept of its second… Read More

January 18, 2019 @ 10:55 pm By Samantha Hurst  |  

Blueprints, a UK-based investment platform for equitable development projects, is now seeking £950,000 through its new equity crowdfunding campaign on Crowdcube. Founded in 2016, Blueprints’ mission is to empower the growth of developing regions by providing citizens globally with the tools to build equitable societies in a… Read More

January 18, 2019 @ 10:45 pm By Samantha Hurst  |  

WorldLabs, a UK-based digital platform that connects innovators around the world, is now seeking 400,000 through its equity crowdfunding campaign on Seedrs. Launched in mid-2018, WorldLabs revealed that thousands of innovators have already joined its platform to apply for funding contests along with connecting with other… Read More

January 18, 2019 @ 7:38 am By JD Alois  |  

Tandem Bank, a digital-first challenger bank, has announced a milestone of 500,000+ customers.  Tandem CEO, Ricky Knox, called 2018 a transformative year for the bank with a number of major product launches, investment, and incredible growth. “We’re ready for more of the same in 2019,” said… Read More

January 17, 2019 @ 9:12 pm By Samantha Hurst  |  

Capify, a UK-based alternative small business financing provider, announced on Thursday it received a £75 million credit facility from Goldman Sachs Private Capital to support its future growth plans and provide working capital to thousands of Australian and British small businesses. Launched in 2008, Capify describes itself… Read More

January 17, 2019 @ 9:32 am By JD Alois  |  

Digital only bank Marcus continues to gain traction in both the US and the UK. During the Q4 earnings call by Goldman Sachs (NYSE: GS) yesterday, the management team shared some additional insight into the Fintech’s growth. Goldman, by the way, reported blowout numbers which… Read More

January 15, 2019 @ 2:41 pm By Samantha Hurst  |  

UK based peer-to-peer lender RateSetter announced on Tuesday it has surpassed £3 billion in online lending. RateSetter reported that the milestone follows a successful year, with the lender originating more than £700 million of new lending and active loans under management grew to £820 million…. Read More

January 15, 2019 @ 7:48 am By JD Alois  |  

Liquidity is a frequently discussed topic regarding both un-listed early stage firms and other traditionally illiquid assets. Property Partner, a real estate crowdfunding platform, appears to have provided an effective solution for individuals investing in property assets on their platform. Property Partner is reporting that as… Read More