Tagged: uk

March 2, 2018 @ 8:48 am By JD Alois  |  

What is money? In The Wealth of Nations, Adam Smith defines money by the roles it plays in society, in particular, how well it serves as: –  A store of value with which to transfer purchasing power from today to some future time; –  A… Read More

March 1, 2018 @ 10:57 am By Erin Hobey  |  

Sancus BMS Group,  part of GLI Finance which includes Sancus Finance (formerly Platform Black)and Sancus Finance (formally FundingKnight), announced its first significant drawdown of £17.5 million on its new facility with Honeycomb Investment Trust plc to expand its property-backed lending activities. The provision of the £50 million accordion… Read More

March 1, 2018 @ 9:04 am By Samantha Hurst  |  

Winebuyers, an e-commerce platform that connects vineyards and wine merchants directly to the end consumer, is now seeking £525,000 through its equity crowdfunding campaign on Crowdcube. According to Winebuyers, the platform is customer focused, works on a completely transparent model, it doesn’t mark up prices or charge commission on any… Read More

March 1, 2018 @ 7:57 am By JD Alois  |  

UK based Innovation Foundation Nesta has opened applications for the Open Up Challenge, a £2.5 million prize fund backing next-generation Fintech for small businesses. This is a global competition and Nesta encourages aspiring Fintech companies from around the world to apply. Both start-ups and established… Read More

February 28, 2018 @ 4:11 pm By Samantha Hurst  |  

Anno Distillers, a British distillery, has successfully secured its initial £450,000 funding target on equity crowdfunding platform Seedrs. Founded in 2011, the company states it creates high-quality spirits using innovative and natural ingredients. Its founders, Dr. Andy Reason and Dr. Norman Lewis, both Ph.D. Research and Development… Read More

February 28, 2018 @ 4:09 pm By JD Alois  |  

WorldFirst, a global payments provider, has published their Global Trade Tracker that provides a glimpse of UK SME activity during the quarter. According to their numbers, international trading by UK SMEs declined by almost 50% in comparing Q4 of 2017 to the same quarter in… Read More

February 28, 2018 @ 7:32 am By JD Alois  |  

Online capital formation and more traditional funding methods continue to converge as Seedrs, a leading UK investment crowdfunding platform, has provided access to the Augmentum Fintech initial public offering (IPO) on the London Stock Exchange. The £100 million IPO saw more than £500,000 of investment… Read More

February 27, 2018 @ 2:42 pm By Samantha Hurst  |  

Mintos, an online marketplace that provides individuals with a simplified way to invest in loans originated by a variety of alternative lending companies around the world, announced on Tuesday it has welcomed its first loan originator from the UK. This news comes less than two… Read More

February 27, 2018 @ 1:48 pm By Samantha Hurst  |  

Virgin Money, a financial firm under Virgin that offers savings, mortgages, credit cards, current accounts, currency services, pension, investments, and protection products to customers across the UK, has reportedly spent a total of £38.3 million over the last year to develop its brand new digital… Read More

February 27, 2018 @ 10:46 am By Samantha Hurst  |  

On Tuesday, UK-based equity crowdfunding platform Crowdcube announced it was celebrating its seventh birthday by sharing the major milestones that the funding portal has experienced.Crowdcube describes itself as a leading equity crowdfunding platform for entrepreneurs of startups and growing businesses to connect with potential investors…. Read More

February 27, 2018 @ 9:18 am By JD Alois  |  

Propnology, a property crowdfunding platform that is based in the UK and has been in operation since 2015, is equity crowdfunding on Dubai-based Eureeca. One of the first FCA approved property investment  platforms, Propnology is seeking £300,000 for a 14% equity stake in the firm…. Read More

February 27, 2018 @ 8:34 am By JD Alois  |  

Aventus Systems, a UK based Blockchain ticketing infrastructure company, has  hired Andrew Ford as their Chief Marketing Officer. Ford has a 20-year career in the B2B and B2C technology industry, having held a number of startup board advisory roles and was previously the CMO at… Read More

February 26, 2018 @ 10:17 pm By Samantha Hurst  |  

Thyngs, a UK-based mobile technology platform, is set to close its equity crowdfunding campaign on Crowdcube with more than £300,000 from over 350 investors. The funding round was launched in January, originally seeking £300,000.  Founded in 2016, Thyngs stated it is looking to transform physical… Read More

February 26, 2018 @ 9:47 pm By Samantha Hurst  |  

NatWest announced on Monday it is launching four specialist fintech accelerators based in its Bristol, Edinburgh, London and Manchester hubs. According to NatWest, up to 80 fintech businesses will benefit from Dell EMC’s expertise through regular technology reviews and sales strategy analysis. Entrepreneurs will also be… Read More

February 24, 2018 @ 2:09 pm By Samantha Hurst  |  

Poppy’s Picnic, a UK-based raw dog food brand, is set to close its equity crowdfunding campaign on Crowdcube with more than £550,000 from nearly 600 investors. The funding round was launched last month and successfully secured its initial £350,000 funding target for its upcoming cat food line…. Read More

February 23, 2018 @ 11:21 am By Samantha Hurst  |  

Specialist property peer-to-peer lender, CrowdProperty announced on Friday it is launching its Innovative Finance ISA (IFISA). According to CrowdProperty, the tax-free product will be open initially to existing registered lenders who will be able to take advantage of this year’s ISA allowance of up to £20,000… Read More

February 22, 2018 @ 9:26 pm By Samantha Hurst  |  

TeachPitch, a UK-based education technology company, has launched an equity crowdfunding round on Crowdcube seeking to raise £300,000, which has already been secured thanks to nearly 40 investors. The company previously raised £303,180 through its first funding round on the equity crowdfunding platform. Founded in 2014,… Read More

February 22, 2018 @ 9:38 am By Samantha Hurst  |  

Less than a year after securing more than $324,000 through crowdfunding platform Indiegogo for its upcoming Doghouse hotel at its U.S. brewery near Columbus, Ohio, crowdfunding brewing company BrewDog has announced a second hotel at its Scotland brewery. As previously reported, BrewDog stated that Doghouse… Read More

February 22, 2018 @ 9:23 am By JD Alois  |  

Swiss Fintech Temenos has agreed to buy UK based Fidessa Group in a deal that currently stands at $1.96 billion. Temenos is a provider of banking software and the company claims that more than 2000 firms around the globe, including 41 of the top 50… Read More

February 22, 2018 @ 7:52 am By JD Alois  |  

The Treasury Committee of the UK House of Parliament  has launched an inquiry into digital currencies and distributed ledger technology – also commonly referenced as Blockchain. According to a memo published by the Committee, the inquiry will cover the role of digital currencies in the… Read More