Tagged: uk

October 20, 2017 @ 10:08 am By Samantha Hurst  |  

Following the announced it was granted full authorization from the Financial Conduct Authority (FCA), online lending platform RateSetter announced more details about its upcoming Innovation Finance ISA (IFISA). As previously reported, RateSetter, which was launched in 2010, stated it is opening access for everyday investors to… Read More

October 20, 2017 @ 9:23 am By Samantha Hurst  |  

VC backed and Kickstarter alum Kokoon has successfully surpassed more than £1 million during the final days of its equity crowdfunding round on Crowdcube. The sleep device company launched the initiative last month raised its £750,000 funding goal during the first week. As previously reported, Kokoon is seeking… Read More

October 20, 2017 @ 8:10 am By JD Alois  |  

Following the first full year of operations of the Fintech Sandbox, the UK Financial Conduct Authority (FCA) has published a report outlining lessons learned. The UK has been the trailblazer in the concept of creating a regulatory sandbox to allow innovative financial firms to work… Read More

October 19, 2017 @ 4:00 pm By Samantha Hurst  |  

Equity crowdfunding platform Crowdcube announced on Thursday it has formed a partnership with software developer, DVELP. According to Crowdcube, DVELP operates as a remote-first company that together create electric software with best-in-class developers and has built up a list of impressive clients, including trailblazer Tribe which… Read More

October 18, 2017 @ 10:30 pm By Erin Hobey  |  

  Fausto Zanetton, the founder and CEO of Tifosy, is living a sports fan’s dream. He helps athletic clubs raise funds online by connecting them with their global fanbase.  He works with the some of the most revered clubs in the most celebrated stadiums in… Read More

October 18, 2017 @ 3:18 pm By Samantha Hurst  |  

With less than two weeks until its Crowdcube funding round comes to an end, technology startup Verv has secured its initial £500,000 target thanks to more than 500 investors. Launched in 2014, Verv revealed it has developed an intelligent energy assistant which uses high-speed energy… Read More

October 17, 2017 @ 2:12 pm By Samantha Hurst  |  

Snoozle, a mobile app that is seeking to change the way the world wakes up, has successfully secured its initial £100,000 funding target through its Seedrs campaign. The initiative was launched earlier this month and has attracted 185 investors. The app’s creators revealed that the free app… Read More

October 17, 2017 @ 1:14 pm By JD Alois  |  

Seedrs has announced a new partnership with the Law Society. The agreement will allow the Law Society’s members to access early stage startups via the crowdfunding platform. Simultaneously,  promising Legaltech startups will have the support of the Law Society when they raise funding on the… Read More

October 17, 2017 @ 8:58 am By Samantha Hurst  |  

On Tuesday, peer-to-peer lending platform RateSetter announced it received full regulatory authorization from the Financial Conduct Authority (FCA). While sharing details about the new milestone, Rhydian Lewis, RateSetter CEO and founder, stated: “We are proud to receive full regulatory authorisation from the FCA. We have always aspired to… Read More

October 17, 2017 @ 8:23 am By JD Alois  |  

Homefans has closed its equity crowdfunding campaign on Crowdcube having raised £111,590 in 30 days. The company had a pre-money valuation of £589,000. According to the campaign page, 165 investors backed the young company. The startup  decided to launch an equity offer after taking more… Read More

October 17, 2017 @ 7:32 am By JD Alois  |  

Manchester-based Racefields is reporting it has inked a partnership with an unnamed platform in Singapore to expand its debt trading platform RCX to the southeast Asian country. Through the partnership, any deals listed on the RCX platform that match the investment criteria of the funder… Read More

October 16, 2017 @ 1:02 pm By Samantha Hurst  |  

Indoor climbing brand Boulder Hut is set to close its equity crowdfunding campaign on Crowdcube with nearly £375,000 in funding from more than 360 investors. The initiative was launched last month, seeking £250,000 as it prepares to build its first center in Ellesmere Port, which is south… Read More

October 16, 2017 @ 9:32 am By JD Alois  |  

Julian Assange, the founder of Wikileaks who is holed up in the Embassy of Ecuador in London, is thanking the US government for boosting his investment returns. Assange shares in a tweet that the illegal banking blockade targeting Wikileaks compelled him to look elsewhere to… Read More

October 16, 2017 @ 7:55 am By JD Alois  |  

London-based BotSkill, a Software as a Service (SaaS) chatbot firm, has secured a £250,000 investment led by the British Robotics Seed Fund (BRSF). Simultaneously, BotSkill has launched an investment crowdfunding campaign on Britbots Crowd. The offer on Britbots Crowd seeks £350,000 for an EIS eligible… Read More

October 14, 2017 @ 11:25 am By Samantha Hurst  |  

With its equity crowdfunding campaign on Crowdcube set to close on October 24th, VC backed and Kickstarter alum Kokoon has successfully secured more than £900,000. The company launched the initiative last month seeking £750,000, which was achieved within the first week. As previously reported, Kokoon was founded… Read More

October 14, 2017 @ 11:05 am By Samantha Hurst  |  

Hybrid estate agent, Vesper Homes, has successfully secured its initial 100,000 funding target on Seedrs thanks to nearly 100 investors. As previously reported, Vesper stated that it offers users all of the same services as a local estate agent, but with a saving of 50% on fees…. Read More

October 13, 2017 @ 10:43 am By Samantha Hurst  |  

UK-based fintech startup Zazu has launched an equity crowdfunding campaign on Seedrs to raise £150,000 as it prepares to launch its new digital-only bank in Africa. Founded in 2015, Zazu states it was born from Ignite Accelerator as an e-commerce platform for farmers and is now… Read More

October 12, 2017 @ 12:25 pm By Samantha Hurst  |  

On Thursday, UK-based p2p lending platform LendInvest announced it has teamed up with the UK PropTech Association (UKPA) to release the second annual PropTech Influence List. The online lender revealed: “The LendInvest PropTech Influencer List aims to recognises the 25 people doing the most to develop the understanding,… Read More

October 12, 2017 @ 12:04 pm By Erin Hobey  |  

Orca, an independent whole of market research service for UK P2P lending, has created a comprehensive guide for investors evaluating P2P lending. “Peer-to-Peer Lending Investor Guide: Innovating an Ancient Credit Model” was created by the Orca team and published on their website today, free to… Read More

October 11, 2017 @ 7:24 am By JD Alois  |  

Assetz Capital, a fast growing peer-to-peer finance platforms based in the UK, reports it has facilitated £300 million in loans on its secondary market since its launch. The company said this was evidence of the demand by investors for liquidity ahead of natural loan repayments, and… Read More