Tagged: uk

Manigo Wants to be the WeChat of Europe, Plans Crowdfunding Round

Manigo describes itself as the “world’s first digital money platform for consumers, businesses and merchants.” Manigo says it will provide a seamless 360° experience for all of their users. The company says its goal is to become the Euro version of WeChat, Tencent’s incredibly successful… Read More

Britbots Invests in Tethered Drone Systems, Opens Up Offer for Crowdfunding Investors

Britbots, a company that operated the British Robotics Seed Fund (SEIS) and equity crowdfunding platform Britbots CROWD, has invested the first part of a £300,000 funding package for Tethered Drone Systems. The offer is now open to crowdfunding investors and, according to the campaign page,… Read More

Overfunding: 3D Studios & Artist Rendering Platform YellowDog Secures £600,000 Funding Target Through Seedrs Round

YellowDog, a UK-based platform for rendering 3D studios and artists, has successfully secured its initial £600,000 funding target from more than 350 investors on equity crowdfunding platform Seedrs. Founded in 2015 byGareth Williams, the company stated that it securely harnesses underutilized computer power, enabling organizations… Read More

UK Chocolate Brand Raw Halo Launches Second Equity Crowdfunding Campaign on Crowdcube & Quickly Overfunds

Raw Halo, a UK-based cocoa and chocolate confectionery brand, has returned to equity crowdfunding platform Crowdcube to raise £110,000. Within the first week of its debut, the initiative raised its funding target from close to 175 investors. This campaign launch comes less than a year after the company… Read More

InvestCloud Names UK Startup Freetrade As First Firm to Enter Innovation Center

Global fintech firm InvestCloud announced on Wednesday it has named Freetrade as the first firm to enter its UK Innovation Center. The UK startup is using the space to bring its app-only stockbroker to market. According to Investcloud, Freetrade was founded by former KPMG accountant Adam… Read More

Chancellor Proposes Changes to EIS to Increase Investment Limits to £2 Million, EISA calls Changes “Good News” for Entrepreneurs & Investors [u]

The Chancellor of the Exchequer Philip Hammond proposed an update to the Enterprise Investment Scheme (EIS) in the Autumn budget presented at the House of Commons today. The measures will increase the annual limit for individuals to £2 million – provided that anything over £1… Read More

Peer to Peer Lender ThinCats to Rebrand as Next Phase of SME Funding in UK

ThinCats unveiled a new brand last week at an event attended by more than 100 business leaders. The gathering took place at the National Space Centre in Leicester but the new branding will not be officially launched until mid-December. John Mould, ThinCats CEO and Ravi Anand,… Read More

Ricky Knox, Founder of Digital Challenger Bank Tandem, Tells Chancellor to “Keep it Simple” Ahead of Budget

The much anticipated Autumn budget will be revealed by Chancellor of the Exchequer Philip Hammond soon. In advance of the speech at the House of Commons there has been much speculation and plenty of rumors as to what exactly will be included in the exceptionally… Read More

Crowdcube Pulls Shaw Academy’s Equity Crowdfunding Campaign From Platform

Just days before Shaw Academy was set to close its highly successful equity crowdfunding campaign, which secured well over its £2.2 million funding target, Crowdcube reportedly shut down the funding round, claiming that the online education provider apparently failed to follow its platform’s rules.  According to Irish… Read More

Growth Street Taps University College London’s Bright Young Minds for AltFin

The UK altfin company Growth Street, which surpassed £100 million in online lending earlier this month, is now collaborating with University College London School of Management to give students first-hand experience of using business analytics in a fast-moving commercial environment. The students’ work, which concentrates on predicting a business’s… Read More

Healthy Food & Nutrition Business Press London Quickly Nears £1 Million Funding Target on Crowdcube

Press, a UK-based health food and nutrition business specializing in Cold-Pressed juices, snacks, smoothies, soups, and supplements, has launched an equity crowdfunding campaign on Crowdcube. The company is currently seeking £1 million as it prepares for expansion. The company stated its products bring healthy, delicious… Read More

Crowdfunder UK Celebrates Crowdfund Plymouth’s £1 Million Funding Success

On Monday, Crowdfunder UK, along with the Plymouth City Council, announced Crowdfund Plymouth has successfully raised £1 million for projects in the City. According to the duo, Crowdfund Plymouth has distributed more than £130,000 of its City Change Fund to support local projects that benefit… Read More

On-Demand Air Taxi Service Waves Technologies Quickly Secures £495,000 Through Seedrs Funding Round

Waves Technologies, a data-led on-demand air taxi service providing accessible point-to-point air travel, has successfully secured its initial £495,000 funding target on equity crowdfunding platform Seedrs. The company revealed that its service uses big data and intelligent technology to provide affordable and accessible point-to-point air… Read More

UK Fintech Glint Launches Beta Version of Gold Payment Mobile App

UK fintech Glint announced on Monday the launch of its mobile app, which allows users to spend gold as the global currency. The company revealed by using the Glint iOS app and the Glint Mastercard, Glint clients are able to spend gold through the global payment system…. Read More

Monzo’s Tom Blomfield Announces Upcoming Crowdfunding Round

Just a couple weeks after securing £71 million during its latest investment round, Co-Founder and CEO of challenger bank Monzo, Tom Blomfield revealed plans to launch a new crowdfunding campaign. Monzo (originally known as Mondo) caught the public eye in March 2016 when it raised… Read More

Assetz Capital Achieves £1.5 Million Through Latest Seedrs Funding Round

Less than a month after launching its latest equity crowdfunding campaign on Seedrs, peer-to-peer lending platform Assetz Capital has successfully secured £1.5 million from more than 700 investors. The online lender took to the funding portal to raise £1 million for expansion. Its previously initiative… Read More

Landbay Set to Offer Up to 25-Year Mortgage Terms Starting January 2018

Last week, peer-to-peer lender Landbay announced it will be offering up to 25-year mortgage terms starting in January 2018. The lending platform revealed in a blog post: “After listening to feedback from our network of specialist broker partners, and in light of our own industry knowledge… Read More

Overfunding: Parcel2Go Secures £500,000 Through Crowdcube Initiative

Parcel2Go, described as the UK’s largest parcel delivery comparison website, has successfully secured its initial £500,000 funding target from more than 750 investors through its equity crowdfunding campaign on Crowdcube. As previously reported, the Bolton-based company claims it has generated top-line revenue of £56 million in the… Read More

VentureFounders Appoints Alison Petit to Executive Team

VentureFounders, a UK-based equity crowdfunding platform for sophisticated investors, has appointed Alison Petit as Marketing Director. Petit brings extensive experience of marketing to private clients and brand building within financial services. Previously, Petit was Global Marketing Director within the Private Banking and Trust business at… Read More

Latin American Street Food Brand Cubana Now Seeking 200,000 Loan on Crowd2Fund For Expansion

UK-based Cubana Waterloo Ltd is now seeking a, £200,000 loan, payable at an estimated APR of 10%, through crowdfunding platform Crowd2Fund, in order to expand its Latin American street food and exotic Cuban cocktails concept. Cubana’s restaurant group was founded in 1998 by Phillip Oppenheim,… Read More

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