Tagged: uk

Crowdsurfer Adds Zopa Data to Data Aggregation Platform

Crowdsurfer, a comprehensive source of data on the global alternative finance market, has announced that Zopa has become the latest peer-to-peer lender to submit its data to the Crowdsurfer analysis. Zopa, the world’s first P2P lender and one of the largest in the space, has… Read More

Crowdcube Files Annual Report. Shows 48% Growth in Revenue

Crowdcube, the UK’s largest investment crowdfunding platform by total raised (£312 million), filed its annual report for the fiscal year ending September 2016 at the end of last week. According to the document, Crowdcube experienced a 48% growth in top line revenue versus year prior… Read More

No Bidding Yet. Seedrs Outlines How Crowdfunded Shares will be Valued in Secondary Marketplace

Seedrs will commence its secondary market feature next week on Tuesday (June 6) as they launch monthly their trading marketplace for crowdfunded securities (labeled Trading Tuesdays). This is not a simple task and a persistent item of discussion in the investment crowdfunding sector. Creating liquidity… Read More

Draper Esprit Adds £160 Million to Finance European Tech Companies

Draper Esprit (AIM: GROW, ESM: GRW) has raised £100 million via new and existing investors. The listed VC said a further £60m in new capital has been raised via their EIS, VCT and secondary co-investment funds which invest alongside their PLC. The additional capital, totaling £160… Read More

Assetz Capital Continues Regional Strategy with Manchester Hire

Assetz Capital, a fast growing peer-to-peer finance platform, has hired Samantha Williamson has joined its expanding Regional Relationship Director team. Assetz Capital has recently been adding regional hires to have boots on the ground to interact with customers. Williamson will cover the South Manchester region,… Read More

Capital Cell UK Officially Launches Investment Crowdfunding in the UK

Born in Spain and shipped to the UK, Capital Cell has officially launched in Great Britain. Capital Cell , founded by Daniel Oliver and based in Barcelona, is the first European equity crowdfunding platform for Biotech projects.  After several successful years of investment crowdfunding in… Read More

Bank of England Funding for Lending: “Worrying Trend”

The Bank of England is out with some data on the Funding for Lending Scheme (FLS). The FLS seeks to encourage more lending to the UK economy than would have been the case in the absence of the plan.  The current Extension allows participants to… Read More

ThinCats Appoints Samantha Gray as General Counsel

Online lender ThinCats has announced the appointment of Samantha Gray as General Counsel. Gray has over 16 years experience in the legal profession having worked as a Partner at Langley Solicitors LLP and heading up their Finance Law Unit which covered financial services, banking, insolvency… Read More

Cross-Border Invoicing on the Radar: Flywire Acquires Startupbootcamp FinTech London Alum PACE Invoice

Flywire, an international payment solutions provider (formerly peerTransfer),  announced that its acquisition of London-based PACE Invoice, a multi-currency invoicing platform provider and an alumni of Startupbootcamp FinTech London. With the acquisition, Flywire adds international invoicing to its cross-border payments and receivables services, enabling its business,… Read More

Becoming a Bank: Zopa Raises £32 Million to Build “Next Generation” Bank

Peer to peer lender Zopa has raised £32 million in a “series of transactions” to finance the creation of a next generation bank.  The funding was led by Wadhawan Global Capital Pvt Ltd (WGC), an Indian financial services group, and Northzone, a European VC fund. As… Read More

£100M & Growing: LendInvest Capital Announces Montello Real Estate Opportunity Fund Milestone

LendInvest Capital, a UK-based specialist real estate lender and fund manager, has announced that its flagship private debt fund, the Montello Real Estate Opportunity Fund, is now managing over £100 million ($128m) on behalf of private and institutional clients. “In such a consistently low-yield interest… Read More

Rebuildingsociety.com Offers Other Platforms Option to Leverage their FCA Authorization as Appointed Representative

Rebuildingsociety.com, a peer to peer lender for UK SMEs, received full FCA Authorisation in February of this year after a “long journey”. The platform had applied for full authorisation in November 2014.  Rebuildingsociety is now offering companies the opportunity to collaborate with them as Appointed… Read More

Secondary Market for Crowdfunded Securities will Commence on Seedrs in June

Seedrs has announced the first securities will trade on its secondary trading platform for shares in crowdfunded businesses next Tuesday, June 6, 2017. Previously announced, trading is scheduled to take place on the first Tuesday of each month (Trading Tuesdays). This will help to concentrate… Read More

Downing Crowd is Crowdfunding £2.8 Million for UK Data Center

Downing Crowd is raising £2.8 million for a data center based in Birmingham. Downing Crowd is part of Downing LLP, an FCA authorized and regulated investment manager with over 20 years of experience. The first tranche of the offer has already secured £1.9 million. The… Read More

Fineqia to Launch Mini-Bond Platform in Canada

UK based Fineqia has announced its intent to launch the Beta version of its new investor platform by Canada Day (July 1, 2017). Fineqia is based in the UK. Finequia has partnered with JOI Media’s Katipult crowdfunding platform to launch in Canada. JOI is based… Read More

Kulea Looks to Raise £150,000 on Seedrs to Fuel Automated SME Marketing Platform

Today, everyone is using technology to market and promote their product or service. Whether it is email marketing, social media or lead generation, you have to do it to grow your business. Kulea.ma (registered as Nomad Ai) has created a marketing automation platform to streamline… Read More

Fintech Firm Alfa Financial Raises $1.2 Billion in IPO, UK’s Largest of 2017

On Friday of last week, London-based fintech firm Alfa Financial Software’s shares began being publically traded on the London Stock Exchange. Shares opened at 325 pence, giving the company an initial valuation of about 975 million pounds or US $1.2 billion, making it the UK’s… Read More

Digital Challenger Bank Revolut Partners with PensionBee

Revolut, the app-based digital only bank, has announced an “industry first” partnership with pension manager PensionBee. Revolut explains that the move allows their users to easily manage their pension plans by finding and combining into a single online plan. Of course this is all accessible… Read More

Seedrs Partners with NatWest to Fund British SMEs

Seedrs, the UKs “most active equity investor into private companies,” has announced a new partnership with NatWest to provide access to capital for British SMEs labeled “Capital Connections”.  Seedrs joins an existing group of alternative finance platforms in the initiative that includes Funding Circle, Assetz… Read More

Brief: UK Alternative Lender Growth Street Taps Millennial Investors

UK alternative lender Growth Street has revealed that 37.4% of its investors are under the age of 35, contradicting public figures who have chastised millennials for not thinking about saving and investment. Growth Street’s news follows comments made by property mogul Tim Gurner earlier this month…. Read More

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