Tagged: uk

February 20, 2018 @ 9:10 am By Samantha Hurst  |  

On Tuesday, LendInvest announced the launch of its new buy-to-let (BTL) online calculator for intermediaries. According to LendInvest, the calculator is considered the latest in a series of ongoing improvements to the lender’s online calculators, aimed at making the loan application process as easy and straightforward… Read More

February 19, 2018 @ 2:49 pm By Samantha Hurst  |  

TeamO, a UK marine safety company, has launched an equity crowdfunding campaign on Crowdcube, seeking £200,000 in funding.  Launched in May 2017,  TeamO states it solves the life-threatening problem of being towed through the water by its BackTow lifejacket. The company reported that it sold its entire first… Read More

February 19, 2018 @ 11:13 am By Samantha Hurst  |  

Digital challenger bank Tandem founder Ricky Knox announced last week the bank will be returning to Seedrs, seeking to raise £4 million. This news comes one month after the company completed its acquisition of Harrod’s Bank. As previously reported,  Tandem was granted authorization to be regulated back in… Read More

February 19, 2018 @ 10:06 am By Samantha Hurst  |  

On Monday, the UK Investment Association announced it will be launching the fintech accelerator, VeloCity, for the asset management industry. According to the organization, Velocity is part of the asset management industry’s drive to boost innovation and speed up the adoption of new emergent technology… Read More

February 19, 2018 @ 7:38 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) and the US Commodity Futures Trading Commission (CFTC) have signed a formal agreement that commits the two regulatory agencies to work together to support Fintech. This is the first such agreement for the CFTC and just one of many… Read More

February 18, 2018 @ 12:25 pm By David Jinks  |  

Cryptocurrencies are fast swapping their shady past for respectability. But investors pushing hard for regulated trading and adoption by Amazon may be destroying the reason for Bitcoin’s existence. Last December, Bitcoin climbed above $18,000, and finally launched on the CME futures exchange. There was little… Read More

February 18, 2018 @ 9:13 am By Samantha Hurst  |  

eFOLDi, a UK-based scooter brand, announced this week it has attracted its first U.S. investor through its equity crowdfunding campaign on Crowdcube, which has secured more than £575,000. The funding round was launched last month and quickly raised its initial £350,000. Speaking about the U.S. investor, the eFOLDi… Read More

February 16, 2018 @ 2:00 pm By Samantha Hurst  |  

London-based Hop Stuff Brewery has completed its latest equity crowdfunding round on Crowdcube with more than £775,000 in funding from more than 1,000 investors. The campaign was launched last month and quickly secured its initial £400,000 funding target. The funding round made its debut less than five years after… Read More

February 16, 2018 @ 12:13 pm By Samantha Hurst  |  

CrowdProperty, a UK-based specialist property peer to peer (P2P) lending platform, announces it is set to launch its IFISA on February 23rd. According to the lender, existing lenders will be able to take advantage of this year’s ISA allowance of up to £20k and transfer existing ISA… Read More

February 15, 2018 @ 3:00 pm By Samantha Hurst  |  

Funding London, the Mayor of London’s SME investment organization, announced on Thursday it has invested in Change Please, which is described as a social enterprise which helps lift people out of homelessness by providing coffee vans, barista training, and accommodation. The investment has been through… Read More

February 15, 2018 @ 7:35 am By Samantha Hurst  |  

Peer to peer lending platform Lendy has released its audited accounts for 2016, showing profits before tax rising to £3.3 million compared to £53,000 in 2015. The company reports that since launch in 2012, Lendy has originated over £376 million in secured loans generating £36… Read More

February 15, 2018 @ 7:34 am By Samantha Hurst  |  

Innovate Finance, the membership organization that represents the UK’s global FinTech community, announced on Thursday the finalists for the 2018 FinTech Pitch 360 Competition, which is sponsored by Intel and hosted by Chris Denson of Innovation Crush. The event is set to take place on… Read More

February 14, 2018 @ 2:55 pm By Samantha Hurst  |  

On Tuesday, Funding Circle announced the University of Huddersfield has reportedly led to more than 2,000 UK small businesses through its partnership with the online lending platform that allowed the University to became the first to lend directly to businesses through a lending platform. According… Read More

February 14, 2018 @ 10:59 am By Samantha Hurst  |  

On Wednesday, Crowdcube announced half a million users have pledged over £400 million, of which £310 million has been successfully invested through its equity crowdfunding platform. the funding portal went on to list key stats about the crowd: The average investment size from an individual… Read More

February 14, 2018 @ 9:13 am By Samantha Hurst  |  

UK-based online lending platform Assetz Capital announced on Wednesday that over 2,000 investors have registered for an Assetz Capital Innovative Finance ISA (IFISA) since its launch, surpassing the 2,000 accounts opened across the entire peer-to-peer (P2P) industry in the 2016/17 tax year. The online lender… Read More

February 13, 2018 @ 10:42 am By JD Alois  |  

Equity crowdfunding platform Seedrs is reporting a record level of trading in their Secondary Market for crowdfunded securities. Launched in June 2017, Seedrs may claim to have developed the most effective secondary market for intrinsically illiquid private securities. While still relatively small, Seedrs said the… Read More

February 13, 2018 @ 10:26 am By Samantha Hurst  |  

Last week, Scottish craft brewer, BrewDog, announced its plans to open its highly anticipated Australian brewery and HQ right on the river in Brisbane’s Murarrie area. The brewery revealed last summer that it had narrowed its search for a site to Newcastle and Brisbane.  According… Read More

February 12, 2018 @ 7:41 am By JD Alois  |  

App-only banking start-up Fiinu, has launched an equity crowdfunding campaign on Seedrs. The offer seeks £500,000 for a 6.67% equity stake at a pre-money valuation of £7 million. The aspiring digital challenger bank wants to throw its hat into the ring of Fintech firms competing… Read More

February 11, 2018 @ 7:47 am By Samantha Hurst  |  

Last week, London-based insurtech firm Inzura announced it secured a $1 million investment, which will enable the company to continue its international expansion. Founded in 2015, Inzura stated it offers a cloud-based platform as a service (PaaS) and white-label mobile apps that are designed to… Read More

February 10, 2018 @ 4:33 pm By Samantha Hurst  |  

Just after its equity crowdfunding campaign surpassed £675,000 on Crowdcube, London-based Hop Stuff Brewery announced it is set to close the funding round once it reaches £800,000. The brewery launched the initiative last month and quickly attracted its initial £400,000 funding target. Founded in 2013, Hop Stuff Brewery revealed it… Read More