Tagged: uk

June 13, 2017 @ 3:15 pm By Samantha Hurst  |  

Less than three years after successfully securing £203,000 through Crowdcube, leather bag company, Beara Beara, has returned to the equity crowdfunding platform to raise £380,000 as it plans to establish a new factor and open a larger store in London. Beara Beara currently has shops… Read More

June 13, 2017 @ 2:14 pm By Samantha Hurst  |  

RideLink (previously known as DriveJoy), an online community where car owners can safely rent their cars directly to drivers, has successfully secured its initial £1 million funding target and has raised well over £1.1 million through its equity crowdfunding campaign on Seedrs. The initiative has already attracted more… Read More

June 13, 2017 @ 10:25 am By Samantha Hurst  |  

UK-based peer to business property lender, Credit Peers, announced on Tuesday it has secured a £45 million credit line from a European investment management firm. This news comes just a few months after the lender launched its platform.  As previously reported, The online lender allows individuals to lend… Read More

June 13, 2017 @ 9:45 am By JD Alois  |  

Relendex Limited, a peer to peer lender in the commercial and residential real estate sector, has announced the completion of a rights issue and a new round of financing from new investors. The company said the proceeds will be used to allow further investments in new… Read More

June 13, 2017 @ 5:26 am By Erin Hobey  |  

Mambu, the core engine powering digital first banking and lending, has been named for the third consecutive year to the FinTech50 and won the Asian Banker Technology Innovation Award for Best Cloud Application 2017. The FinTech50, the annual list of Europe’s 50 hottest FinTechs, was the first list to… Read More

June 13, 2017 @ 4:42 am By Erin Hobey  |  

WiseAlpha, a UK online lending platform that gives everyday investors access to high yield institutional bond and loan investments, has raised over £909K on its Crowdcube, 180% over its original target, with days remaining. Originally offering 8.92% equity, WiseAlpha has taken it up a notch, offering 12.43%.  The… Read More

June 13, 2017 @ 4:00 am By JD Alois  |  

Challenger bank Revolut is launching a business banking vertical and is accepting pre-registrations now. Revolut for business will allow businesses to hold, exchange and transfer funds in 25 different currencies across the UK and all of Europe at the interbank exchange rate. The digital only… Read More

June 12, 2017 @ 7:01 pm By JD Alois  |  

Seedrs, a leading UK based equity crowdfunding platform, closed its first week of trading on its newly launched secondary market. Seedrs kicked off the trading platform last week to usher a new level of liquidity for shareholders in crowdfunded companies. On the first Tuesday of… Read More

June 12, 2017 @ 11:16 am By Samantha Hurst  |  

Less than a month after launching its equity crowdfunding campaign on Seedrs, London-based whisky brand 8O8 has successfully surpassed its initial £300,000 and is currently nearing £365,000 thanks to more than 200 investors. 8O8, which was founded in 2014 by co-founders, Tommy Danvers and Paul Pullinger,  is… Read More

June 12, 2017 @ 8:58 am By Samantha Hurst  |  

With nearly one week until its equity crowdfunding campaign on Crowdcube comes to an end, online premium personal styling service for men, The Chapar, has successfully secured its initial £1 million funding target thanks to more than 570 investors. As previously reported, The Chapar describes… Read More

June 12, 2017 @ 5:32 am By Erin Hobey  |  

Powervault has proven that successive raises on Crowdcube can be very successful.  In the middle of the UK company’s fourth raise, the home battery system with a pre-money valuation of £8,083,548 aims to enable customers to make smarter use of their energy by harnessing freely-generated solar energy and off-peak… Read More

June 9, 2017 @ 5:16 pm By Duncan Keene  |  

Traditional banking is facing tough times ahead. It’s easy to see why. The UK has lost 40% of its banks and building societies since 1989, considering usage of online banking has more doubled since 2007. After all, who wants to queue for an hour to see… Read More

June 8, 2017 @ 6:41 am By Erin Hobey  |  

Seriously overfunding: Vita Mojo has steadily secured more than £2,759,869  for 12.2% equity on its Crowdcube campaign. Vita Mojo, a quickly-growing UK restaurant chain and software company that is backed by the €6B global caterer Elior, is on a mission “to make food personal.” With industry leaders already on… Read More

June 8, 2017 @ 5:41 am By Erin Hobey  |  

Founded in late 2016, UK alternative lender Growth Street has announced that over 1000 investors have signed up to lend to profitable UK small businesses through its platform. Independent P2P rating service 4thWay has ranked Growth Street as one of the lowest-risk platforms in the UK… Read More

June 7, 2017 @ 10:51 am By JD Alois  |  

Investment crowdfunding platform Invesdor says the VC or Angel led crowdfunding model has landed in the Nordic region citing two specific examples. The model of pairing professional investors with smaller investors has been growing in prominence across the world and is already well established in… Read More

June 7, 2017 @ 10:18 am By JD Alois  |  

Specialist business peer to peer lending platform Folk2Folk has hired a new Chief Marketing Officer (CMO) and four Business Development Managers (BDM). Folk2Folk specializes in secured loans for businesses across the UK. The platform matches local businesses looking for finance with investors looking for a great… Read More

June 7, 2017 @ 7:52 am By JD Alois  |  

New account has a capped target return of 5.50% gross per annum. P2P lender Assetz Capital has announced a new investment account, or “Property Secured Investment Account,” that is designed to allow individuals to invest automatically in property-backed loans. Assetz Capital said these loans will… Read More

June 7, 2017 @ 7:42 am By JD Alois  |  

Peer to peer lender Zopa has established a development center in Barcelona, Spain. The new tech hub is said to initially focus on building the platform that will launch the next generation digital bank.  This will include deposit systems, credit card processing, payment gateways and… Read More

June 6, 2017 @ 8:38 am By JD Alois  |  

Seedrs has launched its secondary market for securities in crowdfunded companies. According to Thomas Davies, Seedrs Chief Investment Officer, the market launched with 111 share lots in over 80 different businesses. The market will remain open for seven days and will reconvene the first Tuesday… Read More

June 5, 2017 @ 11:43 am By JD Alois  |  

Plexal, soon to be Europe’s largest innovation hub, is scheduled to open on June 12th.  Plexal will be home to an astounding 800 startups and corporate organizations as it becomes another building block in UK’s innovation based economy. Plexal will be based at Here East… Read More