Tagged: uk

Cast Your Votes: Crowdcube Announces Details For The Equity Crowdfunding Platform’s Annual Awards

On Friday, UK-based equity crowdfunding platform Crowdcube announced it is celebrating the 2017’s funded by holding its annual Crowdcube awards. While sharing details about the event, the funding portal stated: “These awards celebrate the best of British Entrepreneurship, showcasing a range of fantastic companies that… Read More

Online Rental Marketplace No Agent Now Seeking £400,000 on Seedrs

No Agent, a UK based online rental marketplace, has launched an equity crowdfunding campaign on Seedrs. The platform is currently £400,000 in funding through the initiative. Founded in 2016, No Agent states it is on a mission to clean up the rental sector by delivering great… Read More

Overfunding: Scooter Brand eFOLDi Quickly Achieves £350,000 Funding Target on Crowdcube

eFOLDi, a UK-based scooter brand, has successfully secured its initial £350,000 equity crowdfunding target just days after the launching the funding round on Crowdcube. Since its debut last week, the initiative has attracted more than £450,000 from 155 investors. The company reported that it raised £104,000  from crowdfunding pre-sales… Read More

RateSetter Innovative Finance ISA is Finally Here

Peer-to-peer lending platform RateSetter has shared that is Innovative Finance ISA (IFISA) will launch tomorrow (February 8th). RateSetter said the IFISA will initially be available to existing customers, then to new customers on 1 March and to inward transfers from other ISAs in April. The creation of… Read More

Overfunding: Fintech Platform Wombat Invest Surpasses £250,000 on Crowdcube

Wombat Invest, a UK-based fintech platform, has successfully secured its initial £250,000 funding target during the final days on equity crowdfunding platform Crowdcube. The initiative was launched in early January and has attracted more than 425 investors. As previously reported, Wombat’s platform, which is currently scheduled to launch… Read More

Beauhurst: 2017 Was the Best Year on Record for Investment in the UK’s High-Growth Companies

“This year couldn’t be more different,” Toby Austin, CEO & Co-Founder of Beauhurst The above quote pretty much sums things up. According to the numbers tallied by Beauhurst, 2017 was a gangbuster year for investment into UK high growth firms. Austin adds that; “It’s good… Read More

LendInvest Completes £16 Million Development Deal With Yogo Group

On Wednesday, LendInvest announced it has completed a £16 million financing deal with development finance borrower, Yogo Group. According to the marketplace lender, the deal was completed in three weeks from initial introduction to site purchase. LendInvest reported that the development finance loan will fund the… Read More

Innovate Finance: UK Fintech Investment Hits Record as Deals See 153% Increase Year Over Year

Innovate Finance is out with report on UK Fintech investment and according to their numbers 2017 was a banner year. The group said VC investment into emerging Fintech firms jumped 153% versus year prior. Approximately $1.8 billion went into 224 deals with the UK ranking… Read More

Direct Lender Goji + Alt Lender Prestige Prime = New ISA-Eligible Renewables Lending Bond

Goji, a UK direct lending investment manager and platform,  has partnered with Prestige-Prime group, a specialist alternative investment lender, to launch an ISA-eligible Renewables Lending Bond which aims to provide financial advisers and wealth managers with an opportunity to earn a steady return from a… Read More

Energi Mine Public ICO Raises $4 Million in 81 Minutes

Manchester, UK based Energi Mine says it raised $4 million in just 81 minutes. The final leg of the initial coin offering (ICO) took place on February 1st. Energi Mine opened the offer at 10AM. At 11:21AM it closed. The last round of the ICO… Read More

Overfunding: Raw Dog Food Brand Poppy’s Picnic Surpasses £350,000 Funding Target on Crowdcube

Poppy’s Picnic, a UK-based raw dog food brand, has successfully secured its initial £350,000 Crowdcube funding target and is now nearing £435,000 thanks to nearly 400 investors. The initiative was launched at the end of January, seeking the funds as it prepares to launch its new cat food… Read More

Seedrs Secondary Market is Now Open to All Investors

On Monday, equity crowdfunding platform Seedrs announced its secondary market, which was launched into beta this past summer to shareholders, is now available to all investors who wish to purchase shares in Seedrs Alumni businesses. According to the funding portal, more than 850 share lots… Read More

Online Platform For Contractors iContract Now Seeks £500,000 Through Seedrs Funding Round

London based tech start-up iContract has launched an equity crowdfunding campaign on Seedrs and is now seeking £500,000 for its online platform for contractors. Launched in August 2017, iContract stated it is able to leverage these trends and play an important role in this work movement with… Read More

Challenger Bank Tandem Partners with Cognitive Banking Company Personetics

UK Challenger bank Tandem has announced a partnership with cognitive banking company Personetics to provide users personalised insights on their spending across all of their bank accounts in one place, as well as warning people about unexpected fees and unusual activity on their accounts. Tandem… Read More

UK Fintech Trade Mission Takes Place this Week in Vienna & Switzerland

  Switzerland and Austria will host their annual UK Fintech Mission. This is the third UK Fintech Mission to Switzerland which, because of its past success, this year encompasses both the Austrian and Swiss markets.  The UK Fintech trade mission will take place in Vienna and… Read More

Update: Discovery Yacht Group Secures £1.7 Million on Crowdcube; Set to Close Funding Round Early

With its Crowdcube campaign already securing more than £1.7 million in total funding, UK-based Discovery Yacht Group is set to close the equity crowdfunding round sooner than expected. The original deadline for the initiative was at the end of February, but now it has been moved… Read More

Update: Laundryheap Surpasses £850,000 Funding Target on Seedrs

LaundryHeap, a UK-based laundry and dry cleaning service with same day collection and delivery within 24 hours, has successfully secured its initial £850,000 funding target on equity crowdfunding platform Seedrs. As previously reported, the company described itself as the “Uber for Laundry.” LaundryHeap is based in London… Read More

UK Prime Minsiter Theresa May Announces R5-SHCH Connect: New Service Links Chinese Banks With London’s FX Market

On Friday, UK Prime Minister Theresa May announced the launch of R5-SHCH Connect, which is described as a new service that links banks in China with London’s foreign exchange (FX) market. The government official announced the launch while in Shanghai as part of her first… Read More

Crowdcube Reports £95 Million Raised During 2017

Crowdcube, the UK’s largest equity crowdfunding platform, has reported that during 2017 £95 million was raised for seed through growth phase companies. Quoting numbers from Beauhurst, Crowdcube said it surpassed its nearest competitor by over £10 million. This number tops 2016 when Crowdcube raised approximately… Read More

Overfunding: Discovery Yachts Club Quickly Secures £750,000 Funding Target on Crowdcube

Less than a week after launching its equity crowdfunding campaign on Crowdcube, UK-based Discovery Yachts Group has successfully secured its initial £750,000 funding target and is now nearing £855,000 thanks to more than 125 investors. Formed in 2017, the boating company stated it has created four… Read More

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