Tagged: uk

0 to £1.2M in One Week Flat: CapitalRise Celebrates Successful IFISA Raise

CapitalRise, a UK property investment platform, has closed its latest fundraising deal in just under a week, raising £1.2m from everyday investors via the platform, including over £900k by close of business on the day of the public launch.  The majority of the investments were… Read More

Pie Company Eat Square Seeks Expansion Funds on Seedrs

Eat Square, a UK-based pie company specializing in quality pies of individual portion size, has recently launched an equity crowdfunding campaign on Seedrs. The company is currently seeking £40,000 through this investment round. Founded in 2014 by restaurateur Alex Joll, Eat Square offers pies that are made… Read More

Founder Nikolay Storonsky Says Challenger Bank Revolut is Going Global as it Crowdfunds on Seedrs

Revolut is a prominent member of the growing legion of digital only challenger banks.  The app-based bank previously crowdfunded £1 million on Crowdcube as part of a larger funding round in 2016. Revolut has raised about £15 million to get the platform up and running… Read More

Greg Carter Replaces James Sherwin-Smith as Growth Street CEO

Growth Street,  an online lender focusing on SME loans, has announced that founder Greg Carter has assumed the CEO position at the platform replacing James Sherwin-Smith. Carter has been Growth Street’s Chief Risk Officer since its launch. Carter founded Growth Street while working at Arts… Read More

Airbnb of Cars RideLink Seeks £1 Million on Seedrs as It Prepares For Expansion

RideLink (previously known as DriveJoy), an online community where car owners can safely rent their cars directly to drivers, recently launched an equity crowdfunding campaign on Seedrs with a mission to raise £1 million as it prepares for expansion. The company, which was launched with investment from Rocket… Read More

Software Platform Pepper Finishes Crowdcube Round With Nearly £800,000 in Funds

Pepper, a software platform that creates merchant branded apps to drive loyalty and increase customer spending, has completed its Crowdcube equity crowdfunding round with nearly£798,830 in funding from 362 investors. The company originally sought to raise 500,000 and is now part of Crowdcube’s FundedClub. The company… Read More

Zopa’s Jaidev Janardana: Here’s Why We’re Building a Bank

Just a few months after announcing Zopa is creating the next generation challenger bank at AltFi Europe, CEO of the peer-to-peer lending platform, Jaidev Janaradana, revealed more details about the bank’s creation at the AltFi Europe Summit last month. While sharing details about the bank progress,… Read More

Success: The Wild Beer Co. to Close Crowdcube Campaign With More than £1.78 Million in Funding

UK-based The Wild Beer Co. is set to close its equity crowdfunding campaign on Crowdcube with more than £1.78 million in funding from nearly 2,000 investors. The brewery launched the initiative last month and quickly raised its initial £1 million funding target. The Wild Beer Co. was launched in… Read More

P2P Lending Platform Landbay Reduces Product Rates & Fees

UK-based peer-to-peer lending platform Landbay has reportedly reduced its product rates and fees. According to various sources, Landbay’s rates are now starting at 3.39% for a 2-year fix and 3.59% for a 5-year fix, with arrangement fees up to 75% on standard products, which were… Read More

Assetz Capital Milestone: Hits £30 Million in UK Wind Turbine Project Funding

UK-based peer-to-peer finance platform Assetz Capital announced on Friday it has officially provided £30 million in funds for the development of renewable energy projects throughout Britain. The online lender revealed that during the past three years it has funded nearly 40 green energy projects, with… Read More

Nutrition App Nutrifix Successfully Secures £150,000 Funding Goal on Crowdcube

Less than three weeks after launching its equity crowdfunding campaign on Crowdcube, nutrition app, Nutrifix, has successfully secured its initial £150,000 funding target from nearly 200 investors. As previously reported, Nutrifix was founded by qualified personal training and former semi-professional rugby player, Joel Burgess and claims… Read More

Half of UK’s Financial Service Staff is Now Under the Women in Finance Charter

An additional 33 companies have registered for the UK’s Women in Finance Charter, the ground-breaking piece of legislature aimed to conquer gender inequality. This announcement arrives on the very first anniversary of the charter, which now includes 122 firms, over half a million people in… Read More

Crowdcube Announces Partnership With Amazon Web Services

UK-based equity crowdfunding platform Crowdcube announced on Wednesday it has formed a new partnership with Amazon Web Services. This new collaboration will help the funding portal provide eligible companies with membership to the Activate program. The Activate program is described as the following: “Amazon Web Services provides… Read More

Update: Software Platform Pepper Nears £750,000 During the Final Days on Crowdcube

Pepper, a software platform that creates merchant branded apps to drive loyalty and increase customer spending, is set to close its equity crowdfunding campaign on Crowdcube with nearly £750,000 in funding. The website launched the initiative earlier this month and quickly secured its initial £500,000 funding… Read More

UK Fintech Company Quint Receives £10 Million Financing Deal From Tosca Debt Capital

Fintech company, Quint Group, announced on Wednesday it secured £10m financing deal from Manchester based Tosca Debt Capital to fund its recapitalization. The company, which was founded in 2009, is behind the UK-based growing consumer price comparison site, MoneyGuru.  Quint also owns and operates a… Read More

Lawrence Wintermeyer, CEO of Innovate Finance, Says Triggering of Article 50 Puts Fintech at Risk

Theresa May has signed the letter that will formally separate the UK from its 43 year membership in the European Union. As the UK initiates Article 50, Lawrence Wintermeyer, CEO of Innovate Finance – the advocacy group that supports all things Fintech – is out with… Read More

Indiegogo Success Tens Launches Kickstarter Campaign For Filter Sunglasses

Less than three years after securing £374,213 through its Indiegogo campaign, Tens, the creator of real life photo filtering sunglasses, has launched a reward-based crowdfund campaign through Indiegogo’s competitor, Kickstarter. Originally seeking £10,000, the company’s initiative has already secured its funding target and is nearing £30,000. The… Read More

Update: GripIt’s Second Crowdcube Campaign Hits £2 Million During The Final Hours

With less than 24 hours until its second Crowdcube campaign comes to an end, Dragons Den alum GripIt has officially surpassed £2 million. As previously reported, GripIt describes itself as the World’s Ultimate Plasterboard Fixing. The company’s products hold extreme loads of up to 330kg (last year it was 225kg)… Read More

Lendy Integrates Saving Stream Platform to Continue Growth

UK-based peer-to-peer-secured lending platforms, Lendy, announced on Tuesday it is integrating its popular investor-facing platform, Saving Stream, under its Lendy brand as part of the platform’s continued growth. According to the company, it is merging Saving Stream, with its borrower-facing brand, Lendy Finance, in order to simplify… Read More

Capital Cell Celebrates Bionure’s Recordbreaking Spanish Biotech Crowdfunding Campaign, Plans UK Launch

Bionure, a Spanish biotech company developing a  first-in-class drug for the treatment of multiple sclerosis, is currently 115% overfunding on Capital Cell. With more than €1,100,246 raised, Bionure has broken the record for the highest amount raised on a Spanish life science equity crowdfunding platform. Valued at… Read More

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