Tagged: uk

Brief: Fintechers collectAI and Pay360 Align for UK Launch

The German Artificial Intelligence-based collections company collectAI has partnered with payments provider Pay360 by Capita for its UK launch. With collectAI as the tech provider, Pay360 aims to build a branded receivables management solution for its business and government clients. By partnering with Pay360, collectAI, an… Read More

P2P Lender Assetz Capital Cautiously Welcomes Sajid Javid’s Proposed Housing Intervention

  On Wednesday, peer-to-peer lender Assetz Capital announced it cautiously welcomes Sajid Javid’s proposed housing intervention. According to the lending platform, the Secretary of State for Housing, Communities, and Local Government revealed that government will play a more active role in stopping property developers from hoarding land,… Read More

Cambridge Centre for Alternative Finance Launches Executive Education Program on Alternative Finance

The Cambridge Centre for Alternative Finance (CCAF) has announced the launch of a new executive education program entitled Alternative Finance in Digistised Economy. The immersive program has been created in collaboration with Cambridge Judge Business School Executive Education. CCAF is the leading research entity for… Read More

UK Fintech Coconut Launches Smart Business Current Accounts For Freelancers & Self-Employees

UK-based fintech company Coconut announced on Wednesday the launch of its new smart current account combining banking and accounting services, designed specifically for the UK’s ever-growing freelance and self-employed workforce. According to Coconut, the app-based business current account will prepare customers for HMRC’s ‘Making Tax… Read More

Oval Money Completes Crowdcube Round With 58% Above Target From More Than 1000 Investors

Crowd invest marketplace Oval Money recently closed its equity crowdfunding campaign on Crowdcube with a total of £788,340 from 1050 investors. The campaign was launched in mid-January and quickly secured its initial £500,000 funding target. After achieving the funds it needed, the company announced it was closing the campaign… Read More

Online Takeaway Restaurant Marketplace Appetise Launches Crowdcube Round; Now Seeking £500,000 in Funds

Appetise, a UK-based online takeaway restaurant marketplace, is now seeking £500,000 through its newly launched equity crowdfunding campaign on Crowdcube. Founded in 2008, Appetise is described as a UK-focused online and mobile application takeaway and delivery restaurant marketplace. Takeaways and delivery restaurants contract Appetise to join… Read More

Lavelle Bikes Now Seeking £300,000 Through Seedrs Funding Round

Lavelle, a London-based electric bikes company, is now seeking 300,000 through its equity crowdfunding campaign on Seedrs. Founded in 2016, Lavelle stated it has designed and built a new category of electric bike, both sleek and beautiful in form and packed with “amazing” technology. Each bike… Read More

LendInvest Announces 200 Buy-to-Let National Broker Panel

LendInvest, announced on Tuesday the formation of a national broker panel, comprising more than 200 brokers, packagers, and other deal introducers, following the launch of its buy-to-let (BTL) product in late November 2017. The lender stated: “LendInvest BTL mortgages are only available via intermediaries who… Read More

Overfunding: ZoomDoc Surpasses £500,000 in Funding Through Seedrs Round

UK healthtech ZoomDoc has successfully secured its initial £500,000 funding target through equity crowdfunding platform Seedrs. The company launched the funding round in November and has already attracted more than 275 investors with its 19.99% equity stake. As previously reported, ZoomDoc was founded by practicing NHS… Read More

British Cryptocurrency Electroneum Announces a Success First Month of Its Mobile Mining BETA Trials

On Monday, British cryptocurrency company Electroneum reported a successful first month of its mobile mining BETA trial, giving millions of smartphone users global access to mine their cryptocurrency. The company revealed that its worldwide survey of over 44,000 participants saw 93% of users being young… Read More

Overfunding Hop Stuff Brewery Surpasses £400,000 Funding Target Less Than A Week on Crowdcube

Just two days after launching its second equity crowdfunding campaign on Crowdcube, London-based Hop Stuff Brewery has successfully secured its initial £400,000 funding target from more than 450 investors. As previously reported, Hop Stuff Brewery was founded in 2013 and revealed it is currently on a mission to make… Read More

Why Exports and Alternative Finance Could Hold the Keys to SME Growth

2018 has started strongly. According to the UK Office of National Statistics data, it looks like the UK could be starting to overcome its productivity challenges. Meanwhile, manufacturing output is at its highest level in a decade. And, of course, we’ve seen the global economy… Read More

Overfunding: GoodBox Secures £2.4 Million Through Seedrs Campaign

GoodBox, a tech-company focused on building solutions that connect donors and causes, surpassed its initial £2.4 million funding target through its Seedrs campaign. The funding round was launched in November and attracted more than 575 investors, including tennis star Andy Murray. As previously reported, GoodBox was… Read More

Update: Oval Money Nears £700,000 During the Final Days on Crowdcube

With its Crowdcube campaign set to close this Monday, crowd invest marketplace Oval Money has raised nearly £700,000 and has attracted more than 875 investors through the funding round. The company launched the campaign less than two weeks ago, quickly secured its initial £500,000 funding target… Read More

Hop Stuff Brewery Returns to Crowdcube; Quickly Nears £400,000 Funding Target

Less than five years after securing £58,120 through its first Crowdcube campaign, London-based Hop Stuff Brewery has returned to the equity crowdfunding platform, seeking £400,000. Founded in 2013, the brewery states its on a mission to make craft beer more “approachable” to everyday people. “We focus on social… Read More

Nucleus Commercial Finance Milestone: Lends £350 Million in 2017

Online balance sheet lender, Nucleus Commercial Finance, reportedly lent £350 million in 2017. Founded in 2011, the lender revealed its platform was created in order to provide UK SEMs with alternative funding options. It was revealed: “At Nucleus, we combine the stability of bank finance with the… Read More

UK P2PFA: Peer to Peer Lending Tops £3.1 Billion in 2017, Q4 Sees Considerable Growth as Borrowers Shift to Online Lending

The UK Peer to Peer Finance Association (P2PFA) has published aggregate fourth quarter data for of 2017 for its member platforms. The P2PFA shows that during 2017 £3,145,098,842 in peer to peer loans were facilitated. Cumulative lending transacted through P2PFA member platforms exceeded £8 billion…. Read More

LendInvest Completes £12.5 Million Financing Deal With KMRE Group to Build New 111 New Homes in Leeds’ Kirkstall Residential District

Online lending platform LendInvest announced on Thursday it has completed a £12.5 million finance deal with repeat development finance borrower KMRE Group to build 111 new homes in Kirkstall, which is described as a popular residential district of Leeds, Yorkshire. The online lender revealed that the whole… Read More

UK Digital Treasury Manager Akoni Recognized in 100 Most Influential Fintech Companies By Harrington Starr

Akoni, a UK-based digital cash treasury manager, has been named as one of the most influential fintech companies for 2018 in an announcement made by global specialists in financial services technology and sales recruitment, Harrington Starr.  Founded in 2015, Akoni, which is FCA licensed and regulated,… Read More

BrewDog USA Files New Reg A+ Offering as it Looks to Crowdfund Additional Growth Capital

BrewDog USA, a company that completed a Reg A+ crowdfunding round a little over a year ago, has filed a new Form 1-A indicating its intent to raise more money. While the filing has not yet been qualified by the Securities and Exchange Commission (SEC),… Read More

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