Tagged: uk

July 13, 2017 @ 6:01 pm By Therese Torris  |  

  Germany is a huge SME and VSME (very small business) credit market. But it is not as mature a market for online marketplace lending as the UK, the US, or even the Netherlands. This partly explains why Funding Circle Germany’s early loan book underperformed…. Read More

July 13, 2017 @ 5:08 pm By Samantha Hurst  |  

On Thursday, Crowdcube not only announced its equity crowdfunding platform surpassed its £250 million investment milestone, it also welcomed its new investor, GuanQun Investment. According to the funding portal, the China-based investment firm has already invested £1 million into its London arm. The Crowdcube team revealed:… Read More

July 13, 2017 @ 12:05 pm By Samantha Hurst  |  

TechSixtyFour, a UK-based wearable tech startup, is seeking to raise £200,000 on Crowdcube to bring its popular wearable, The Gator Watch, into Europe. According to the company, the Gator watch is described as a wearable mobile phone/tracker made for young kids. It can receive calls… Read More

July 13, 2017 @ 11:07 am By JD Alois  |  

The House Crowd has topped the £50 million milestone following a record quarter, according to the platform. The House Crowd is a property crowdfunding platform launched in Manchester, UK in 2012. The House Crowd says it has raised £15 million in under 6 months representing… Read More

July 12, 2017 @ 5:18 pm By JD Alois  |  

Seedrs is one of the largest equity crowdfunding platforms in the UK and thus the world. It is the first regulated crowdfunding platform in the UK but trailed Crowdcube by a few months in its official launch. While starting as a small, early stage funding… Read More

July 12, 2017 @ 12:53 pm By Samantha Hurst  |  

With its latest equity crowdfunding round set to close on Crowdcube next Wednesday, Powervault has secured nearly £1.3 Million from more than 975 investors. Founded in 2012, Powervault aims to enable customers to make smart use of their energy by gathering freely-generated solar energy and off-peak electricity. Powervault’s… Read More

July 12, 2017 @ 12:40 pm By JD Alois  |  

Alternative finance data aggregator Crowdsurfer has rebranded as TAB or insidetab.io. The new name was selected in response to customer and partner feedback, according to management. TAB stated; “With TAB, we have created a brand that reflects these changes through our best-in-class data technology, market… Read More

July 12, 2017 @ 10:07 am By Samantha Hurst  |  

BioSelf Technology, a UK-based stress management tech developer, is seeking to raise £250,000 through its equity crowdfunding campaign on Crowdcube for its mediation product, SENSATE. According to BioSelf, SENSATE is described as a consumer wearable tech+app solution that provides the benefits of deep relaxation, enhanced well-being and reduced… Read More

July 12, 2017 @ 2:00 am By JD Alois  |  

Revolut has announced a $66 million Series B funding round to fuel an “aggressive expansion across Asia and North America”. The funding was described as a clear demonstration of strength for the UK based digital bank as a clear alternative to more traditional banking providers…. Read More

July 11, 2017 @ 3:05 pm By Samantha Hurst  |  

UK-based Academy of Robotics has successfully secured its £300,000 Crowdcube funding target from more than 200 investors. The campaign was launched last month to raise funds for its new artificial intelligence (AI) vehicle, Kar-Go. The company boasts that Kar-Go is the world’s first AI controlled… Read More

July 11, 2017 @ 7:35 am By JD Alois  |  

iwoca, an online SME credit provider and a founding member of Innovate Finance, formed a partnership with Intesa Sanpaolo Group on SME lending. Intesa Sanpaolo is among the top banking groups in the euro zone and the leading business lender in Italy. The bank has a… Read More

July 10, 2017 @ 3:03 pm By JD Alois  |  

This is a must attend half day event for technology innovators, investors and lawyers. We’ll kick off at SyndicateRoom’s offices, The Pitt Building, Trumpington Street, Cambridge CB2 1RP This is a free event. Agenda: 16.00-16.30 Registration & Networking Session 16:30-16:45 Intro to Pekama – Managing IP in a… Read More

July 10, 2017 @ 12:52 pm By Samantha Hurst  |  

London-based leather bag company, Beara Beara, announced over the weekend that it is extending its latest equity crowdfunding round on Crowdcube. The company launched the initiative less than three years after securing £203,000 through its first Crowdcube initiative. It is currently seeking £380,000 to open… Read More

July 10, 2017 @ 8:16 am By JD Alois  |  

Seedrs has announced that it will be the sole equity finance provider in a new partnership with Fidor Bank, a challenger bank that launched in the UK back in 2015. Nutmeg, an online wealth manager, will also be joining Seedrs on Fidor’s new marketplace. The two platforms… Read More

July 8, 2017 @ 6:05 pm By JD Alois  |  

  This past Thursday at the Dorchester Hotel in London, the UK Business Angels Association’s (UKBAA) annual UK Angel Investment Awards took place. Fourteen awards were  presented by Emma Sinclair MBE, the youngest person in the UK to have created a public company. Jenny Tooth OBE,… Read More

July 8, 2017 @ 11:35 am By Samantha Hurst  |  

Plum, an artificial intelligence (AI) chatbot for personal finance, has secured its initial 700,000 equity crowdfunding target just days after launching the round on Seedrs. The initiative makes its debut just eight months after the AI business raised its $500,000 seed round led by 500 Startups. As… Read More

July 8, 2017 @ 10:57 am By Samantha Hurst  |  

With less than two weeks until its Crowdcube campaign comes to an end, Techstars alum and social planning app, PlanSnap, has successfully secured its initial £250,000 investment target from more than 400 investors.  As previously reported, PlanSnap describes itself as a frictionless social planning app… Read More

July 7, 2017 @ 11:46 am By JD Alois  |  

The UK Department for International Trade has announced that the UK has attracted more foreign direct investment (FDI) projects than ever before for the year 2016 to 2017. This is encouraging news in light of Brexit and the looming changes regarding the UK’s relationship with continental Europe…. Read More

July 7, 2017 @ 10:59 am By Samantha Hurst  |  

On Friday, UK-based peer-to-peer lending platform Landbay celebrated its third birthday. The online lender revealed that in the past three years, it has lent a total of £47.31 million, which is funding buy-to-let mortgages throughout the UK. CEO and co-founder, John Goodall shared details about the… Read More

July 7, 2017 @ 10:45 am By Samantha Hurst  |  

Less than two weeks after launching its equity crowdfunding campaign on Crowdcube, UK-based real estate agency, Doorsteps, has surpassed £400,000 from nearly 150 investors.  Founded by Akshay Ruparelia, who notably has started and exited two online businesses, Doorstep reports that during its first year it… Read More