Tagged: uk

March 28, 2017 @ 7:46 am By Samantha Hurst  |  

Less than two years after securing £3.39 million through its first equity crowdfunding campaign on Crowdcube, moldable glue maker, Sugru, has returned to the funding portal seeking a minimum of £1.5 million. The company, which was co-founded by CEO Jane ni Dhulchaointigh, now has its… Read More

March 28, 2017 @ 7:19 am By Samantha Hurst  |  

Peer-to-peer real estate lending marketplace, Relendex, announced on Tuesday it received full authorization from the from the Financial Conduct Authority (FCA). The online lender confirmed that this new milestone would allow it to launch its new Innovative Finance ISA giving retail investors unparalleled tax efficient lending… Read More

March 28, 2017 @ 5:35 am By Erin Hobey  |  

LendInvest, a leading UK online property finance lender, is launching the LendInvest Property Development Academy in four more key cities around the country following overwhelming demand for its London & Southeast courses. “There are no quick fixes to our national housing crisis, but by equipping… Read More

March 27, 2017 @ 4:41 pm By Samantha Hurst  |  

BlueJay Music, a London-based music streaming service, has recently launched an equity crowdfunding campaign on Invesdor. The company is currently seeking a minimum of £150,000 (max £300,000) as it prepares for expansion. The company claimed it adds a new dimension to online music. Users just simply… Read More

March 27, 2017 @ 10:46 am By Cole Lyons  |  

New financial regulations, including the EU’s Second Payment Services Directive and their open architecture framework that forces banks to share transaction data, may force banks and Fintechs to fight for customer loyalty. Compromises must be made between the competitors. However, according to the banking and… Read More

March 27, 2017 @ 7:53 am By JD Alois  |  

The Financial Conduct Authority (FCA) is holding a two-day event this week focusing on the emerging InsurTech sector. The InsurTech Forum will take place on March 28 and 29 and is part of the Project Innovate initiative. The InsurTech forum will discuss developments in the market and… Read More

March 27, 2017 @ 7:33 am By JD Alois  |  

LendInvest and Pepper UK have formed a partnership where Pepper UK will take all responsibility for servicing all new loans originated on the LendInvest platform. Effectively, LendInvest has outsourced its entire loan servicing part of the business. The agreement should allow LendInvest to focus more… Read More

March 25, 2017 @ 12:29 pm By Samantha Hurst  |  

Independent wine merchant and wine bar concept, Humble Grape, has successfully secured more than £850,000 out of its £1 million funding target through its new equity crowdfunding campaign on Seedrs. The funds will be used for the company’s expansion.  As previously reported, back in 2014,… Read More

March 25, 2017 @ 10:49 am By Samantha Hurst  |  

With less than 24 hours until its first equity crowdfunding campaign on Crowdcube comes to an end, UK-based home security company Cocoon is nearing £2.4 million in funding from close to 1,100 investors. The company launched the initiative last month, seeking £2 million. This isn’t the first… Read More

March 24, 2017 @ 5:37 pm By Samantha Hurst  |  

  UK-based fashion brand, ME+EM, is set to close its equity crowdfunding campaign on Crowdcube this evening. The company launched the initiative last month, seeking £700,000. It will be finishing the round with nearly £1.4 million. ME+EM was founded by Clare Hornby in 2009, and… Read More

March 23, 2017 @ 11:14 pm By JD Alois  |  

The US Fintech marketplace is saddled with 50 different state regulators and innumerable federal agencies touching financial services. The UK is dealing with Brexit ramifications and its divorce proceedings with continental Europe. Meanwhile, the European Commission is considering passporting Fintech services in recognition of the profound benefits… Read More

March 23, 2017 @ 3:57 pm By Samantha Hurst  |  

Just a few months after securing £408,315 through its equity crowdfunding campaign on Seedrs, social marketplace for bicycle sharing Cycle.Land announced it has expanded into Cambridge. Cycle.Land was founded in early 2016 and received support from Oxford University Innovation Incubator and launched in Oxford shortly after. The website claims… Read More

March 23, 2017 @ 1:11 pm By Samantha Hurst  |  

UK-based equity crowdfunding platform Crowdcube announced on Thursday its 2017 first quarter results. The infographic released shows key stats from the funding portal, which includes its top sectors to raise finance for, the gender split, most popular business locations, and Funded Club milestones. The release of… Read More

March 23, 2017 @ 11:50 am By JD Alois  |  

OFF3R is out with an updated report on the UK equity crowdfunding market and, according to their numbers, this sector of finance has bounced back from a January slump.  As we last reported, OFF3R said that peer to peer lending remained strong in January but… Read More

March 23, 2017 @ 1:32 am By JD Alois  |  

If Amazon built a bank, would it aspire to be like Revolut? I don’t know about that, but the Revolut Premium Membership is something I want. Now. London-based Fintech startup Revolut has launched its vision of Premium Membership in a world populated by stiff and… Read More

March 22, 2017 @ 12:04 pm By Samantha Hurst  |  

Pepper, a software platform that creates merchant branded apps to drive loyalty and increase customer spending, has successfully secured its initial £500,000 funding target from more than 150 investors on equity crowdfunding platform Crowdcube. The company, which was launched in 2015, is currently live in… Read More

March 22, 2017 @ 10:55 am By JD Alois  |  

The UK has sent a delegation to Australia to chat up Fintech opportunities. Both the UK and Australia recognize the importance of fostering a robust Fintech ecosystem and the two countries are naturally aligned. The UK is leading the charge on Fintech entrepreneurship and the… Read More

March 22, 2017 @ 10:27 am By Samantha Hurst  |  

Specialist provider of P2P and marketplace lending products and services, Goji, announced on Wednesday it is launching a diversified peer-to-peer lending bond. The company reports that this bond will open access for financial advisers and wealth managers to the fast-growing and attractive P2P and direct lending… Read More

March 22, 2017 @ 10:12 am By JD Alois  |  

Xero has announced a series of new agreements to integrate a handful of online lending platforms. Xero has added MarketInvoice, iwoca, and DueCourse to its software platform. Xero is an online accounting software designed for small business and their advisors. The company currently has over… Read More

March 22, 2017 @ 9:09 am By JD Alois  |  

The Innovative Finance ISA (IFISA) is a new investment vehicle that remains relatively underutilized. As we wrote yesterday, one platform estimated that about 50% of the UK market is totally unaware of the retirement saving option. As we near the 2016/2017 tax year end, IFISA… Read More