Tagged: uk

October 1, 2018 @ 8:00 am By Samantha Hurst  |  

Digital banking solution goHenry has not only successfully secured its initial £2 million funding target through its latest equity crowdfunding campaign on Crowdcube and is now nearing £4.6 million. The initiative has attracted nearly 1500 investors. As previously reported, goHenry was created by a group of parents that wished to help the… Read More

October 1, 2018 @ 7:33 am By JD Alois  |  

Crowd2Fund is out with a note on platform performance. The UK peer to peer debt platform states that current default levels stand at 1.42% and their best case model APR standing at 8.51%.  The crowdfunding platform says the current worst-case model, which assumes all defaults… Read More

September 28, 2018 @ 10:41 am By Samantha Hurst  |  

Swedish fintech iZettle announced this week it has partnered with the British Fashion Council to bring contactless payments to the London Fashion Week festival. All designer stands were reportedly equipped with iZettle readers, which allows customers to tap and pay for items using contactless and… Read More

September 28, 2018 @ 10:28 am By JD Alois  |  

Funding Circle has set the share offer price at the low end of the range, according to a note published by the company. Previously, Funding Circle had announced it would offer up to 136,039,416 shares at a price between 420 pence to 530 pence per share…. Read More

September 27, 2018 @ 12:34 pm By Samantha Hurst  |  

Just days before its equity crowdfunding round was set to close on Crowdcube,  UK-based BrewDog announced it was expanding the campaign for an additional 18 days. The news comes after the initiative secured its initial 22 million funding target. As previously reported, BrewDog has over 30 bars… Read More

September 27, 2018 @ 8:32 am By JD Alois  |  

UK Peer to Peer Lending Hurdles £1 Billion During 2nd Quarter The UK Peer to Peer Finance Association (P2PFA) has published their second quarter 2018 numbers from member platforms.  According to their data, the peer-to-peer lending industry contributed more than £1 billion to the UK… Read More

September 26, 2018 @ 7:52 am By JD Alois  |  

Investment crowdfunding platform Crowdcube has shared a new milestone: 100 issuers have now raised £1 million or more on their platform. While it is nice to note accomplishments like this, the fact that crowdfunding platforms are listing larger offerings is a natural part of the… Read More

September 25, 2018 @ 1:07 pm By JD Alois  |  

UK challenger bank Tandem has added a new feature to its mainly digital banking platform. Tandem has introduced “intelligent auto-savings rules” to help users set aside their spare change to improve their savings habit.  According to Tandem, savings are swept from their existing current accounts,… Read More

September 25, 2018 @ 12:56 pm By JD Alois  |  

Spotcap has announced that Sophie Peacock has earned the top prize in the Fintech Fellowship award for 2018. The Fellowship awards is a competition where one UK-based masters or MBA student receives an £8,000 scholarship. By supporting aspiring talent, Spotcap seeks to helpfill the Fintech… Read More

September 25, 2018 @ 12:39 pm By Cali Haan  |  

Founders of the New York-based cryptocurrency exchange Gemini are looking at opening a UK office, Financial Times reports. Cameron and Tyler Winklevoss, former Olympic rowers who once sued Mark Zuckerberg claiming he stole the idea for Facebook from them, have reportedly hired local advisors in… Read More

September 25, 2018 @ 12:04 pm By Samantha Hurst  |  

Nebeus, a UK-based fintech platform that is used for the consumption and creation of financial services and products,  has launched an equity crowdfunding campaign on Crowdcube, seeking £1.1 million in funds.  Since beginning to trade in 2017, Nebeus reported it has captured a 50% quarterly year-to-date increase in sales… Read More

September 25, 2018 @ 9:46 am By Erin Hobey  |  

Looking for that mid-afternoon sweet investment? ManíLife peanut butter and Candy Mechanics 3D chocolate brand are both currently overfunding on Seedrs. At this writing, ManíLife has raised over £437,030 for 16.56% equity, blowing past its initial £300,002 goal. Pre-valued at £2,201,698, UK-based ManíLife aims to brings craft culture to peanut butter. Created… Read More

September 25, 2018 @ 7:05 am By JD Alois  |  

Downing Crowd, a debt based crowdfunding platform that focuses on the renewable energy sector, has listed a series of solar investments by Populo Energy for projects in East Anglia and Norwich. The offering is for a £6.25 million bond for Populo Energy that will allow… Read More

September 24, 2018 @ 3:39 pm By Samantha Hurst  |  

Orca Money, a UK-based P2P investment aggregation platform, has successfully secured its initial £500,000 funding target just days after launching its equity crowdfunding campaign on Seedrs. Founded in 2015, Orca Money stated it serves two functions, which are its investment solution that enables investors to diversify capital… Read More

September 24, 2018 @ 3:25 pm By Samantha Hurst  |  

Just a little over a year after securing more than £500,000 through its first Crowdcube campaign, UK-based real estate agency Doorsteps has returned the equity crowdfunding platform and has already surpassed its initial £400,000 and now nearing £585,000 thanks to more than 150 investors. As… Read More

September 24, 2018 @ 11:08 am By Samantha Hurst  |  

UK-based challenger bank Monzo announced on Monday that 1 million people are now using its services. Founded in 2015, Monzo is building a new kind of bank, which will live on smartphone and are built for the way the user lives today.  “We’re doing things… Read More

September 24, 2018 @ 9:09 am By Samantha Hurst  |  

Just a couple of weeks after making its debut on equity crowdfunding platform Crowdcube, BrewDog’s Equity for Punks V campaign has successfully secured its initial £22 million funding target from more than 1,000 investors. As previously reported, BrewDog was established in 2007 by James Watt and Martin Dickie…. Read More

September 24, 2018 @ 7:57 am By JD Alois  |  

Equity crowdfunding platform Seedrs has published a portfolio update of issuers raising capital on its platform.  According to the company, the 577 deals that have raised money from July 2012 to the end of 2017 have generated a platform wide internal rate of return (IRR)… Read More

September 24, 2018 @ 7:11 am By JD Alois  |  

UK based digital challenger bank Revolut is reporting 2017 numbers and according to the Fintech revenue has increased 5X from £2.4 million to £12.8 million as monthly transaction volume jumps from $200 million to $1.5 billion. Revolut also reported a loss for the year of… Read More

September 21, 2018 @ 11:21 am By JD Alois  |  

Funding Options, a UK Fintech that provides a “supermarket” of financing options for SMEs, has received a £5 million investment from ING Ventures – the VC arm of the global bank. The additional capital is expected to be used for Funding Options to expand its… Read More