Tagged: uk

April 26, 2017 @ 7:35 am By JD Alois  |  

The UK Peer to Peer Finance Association (P2PFA) has published its first quarter peer to peer lending data from its nine member platforms. The P2PFA reports that cumulative levels of lending neared £8.5 billion with loan originations in excess of £1 billion during the first… Read More

April 25, 2017 @ 11:19 am By Samantha Hurst  |  

Moldable glue company, Sugru, announced on Tuesday that due to continuous interest from various investors, it has decided to extend its latest equity crowdfunding round on Crowdcube by another two weeks. In the latest update, Sugru’s Jane Ni Dhulchaointigh, Roger Ashby, and Paraic Begley stated:… Read More

April 24, 2017 @ 1:59 pm By Samantha Hurst  |  

With less than two weeks until its equity crowdfunding campaign on Crowdcube comes to an end, food and beverage online marketplace, TheFoodMarket has successfully sur passed its initial £200,000 funding target thanks to more than 320 investors. The company reported that through this latest funding round… Read More

April 24, 2017 @ 8:25 am By Samantha Hurst  |  

Australia-based social discovery platform Gather Online announced on Friday it has acquired a new secret algorithm. This news comes just as the online portal surpassed £400,000 through its equity crowdfunding campaign on Seedrs and Equitise. The initiative was launched last month, seeking funding for growth and… Read More

April 22, 2017 @ 4:40 pm By JD Alois  |  

Peer to peer lender Growth Street is reporting solid growth. The online lender said it has captured over 600 investors since platform launch at the end of 2016. Growth Street is a platform that provides online financing options for UK SMEs. The company also touted its… Read More

April 22, 2017 @ 11:13 am By Samantha Hurst  |  

With less than a week until its latest equity crowdfunding campaign on Crowdcube comes to an end, moldable glue creator Sugru has successfully secured nearly £1.3 million from 1670 investors. The company is currently seeking £1.5 million through the round as it continues its expansion. The launch of… Read More

April 21, 2017 @ 4:15 pm By Samantha Hurst  |  

Cheers to BrewDog! The UK-based crowdfunded brewery announced on Thursday that its USA location (in Columbus, Ohio) has officially put its first batch of beer into its system. This news comes just a couple weeks after BrewDog announced it received a £100 million investment from San Francisco-based… Read More

April 21, 2017 @ 9:41 am By Samantha Hurst  |  

Seedrs alum Blow LTD. announced on Friday it secured 3.5 million from Unilever Ventures to expand its beauty services. This news comes nearly one year after the company raised £1,345,530 through the UK-based equity crowdfunding platform. As previously reported, Blow LTD. was co-founded by Fiona McIntosh (ex-Editor-in-Chief… Read More

April 21, 2017 @ 9:15 am By JD Alois  |  

Crowd2Fund is reporting “record breaking” growth for Q1 2017. According to the crowdfunding platform, it has experienced 4700% year over year growth during the first quarter with “millions of pounds” being transacted on a monthly basis. Crowd2Fund reported that “scores” of different businesses received debt… Read More

April 21, 2017 @ 7:56 am By JD Alois  |  

Chapel Down (NEX:CDGP) has reported its annual operating results for 2016. The publicly listed company that notably raised capital on equity crowdfunding platform Seedrs becoming the first listed company to use crowdfunding. Certain shareholders continue to receive certain perks for maintaining ownership in the company… Read More

April 21, 2017 @ 7:14 am By JD Alois  |  

Peer to peer lender Assetz Capital is celebrating four years in operation. The platform reports that during these past years, it has originated £240 million in lands. Assetz Capital plans to double the figure within the next 12 months. “We’ve seen the company go from… Read More

April 20, 2017 @ 11:33 am By Samantha Hurst  |  

P2P lender RateSetter announced on Thursday its community of investors have lent more than £400 million to small and medium-sized businesses throughout the UK. The online lender revealed on Twitter the exciting milestone news. RateSetter investors have lent more than £400m to businesses across the UK, including… Read More

April 19, 2017 @ 3:22 pm By Samantha Hurst  |  

London-based pay-as-you-go fitness studio, Core Collective, has successfully completed its funding round on Seedrs with nearly £2.1 million secured. The initiative was originally launched last month, seeking to raise £1,125,000. As previously reported, Core Collective stated it is looking to set a new standard in boutique… Read More

April 19, 2017 @ 7:12 am By Samantha Hurst  |  

Meetzoo, an app that aims to make business meetings more productive, was launched on Wednesday on the Apple App store. The iOS debut comes just a few months after the company secured funds through its equity crowdfunding campaign on Crowdcube. Meetzoo was launched in early… Read More

April 18, 2017 @ 5:57 pm By JD Alois  |  

Revolut and Tussle have partnered to provide mortgage broking services directly to the Revolut App. The digital only bank will now enable Revolut’s 360,000 plus UK based users to access Trussle’s online mortgage service. Trussle uses technology and human mortgage advisers to help borrowers secure… Read More

April 18, 2017 @ 5:00 pm By Samantha Hurst  |  

With its latest Crowdcube round set to close in less than two weeks, Sugru has successfully secured £1.1 million thanks to 1465 investors. The company launched the initiative last month and is currently seeking £1.5 million. Sugru was co-founded by CEO Jane ni Dhulchaointigh. The… Read More

April 18, 2017 @ 11:29 am By Samantha Hurst  |  

Last week, UK-based peer-to-peer lending platform Landbay released the March 2017 Rental Index. This report reveals details about the country’s rental market. The lender stated: “Since March 2016, average rents in the UK have risen by 0.9% to £1,191. In England, rents were up 0.87% to £1,222;… Read More

April 18, 2017 @ 10:39 am By Erin Hobey  |  

Today P2P-Banking launched a new IFISA database which offers investors an easier way to compare IFISA providers offers. UK taxpayers can invest up to 20,000 GBP per year tax-free in ISAs; a person may invest 20,000 GBP this tax year and invest 20,000 GBP in a different ISA next year. The… Read More

April 18, 2017 @ 10:28 am By Samantha Hurst  |  

London-based fine art investment platform, Maecenas, recently launched an equity crowdfunding campaign on Seedrs, seeking 400,000 as it prepares for expansion. The platform describes itself as a marketplace that brings together fine art collectors who are seeking to raise funds and investors looking for exposure… Read More

April 18, 2017 @ 10:03 am By Erin Hobey  |  

In this brief video entitled “FinTech How technology is changing the world of finance,” BBC Newsnight spotlights some problems facing SMEs when it comes to collecting payments. Fees overwhelm. Payments delayed. Fintech maverick, Crowdcube campaigner and Monzo CEO Tom Blomfield addresses how lack of competition allows brick… Read More