Tagged: uk

March 22, 2017 @ 8:57 am By Samantha Hurst  |  

Innovate Finance, the membership association for UK’s global fintech sector, announced on Wednesday the finalists for Pitch360, the organization’s first fintech startup competition, which takes place on day two of Innovate Finance’s prestigious global summit at Guildhall London on April 11th. Applications for the pitch session… Read More

March 21, 2017 @ 4:16 pm By JD Alois  |  

The Commonwealth Bank of Australia (CBA) and Austrade have signed a new collaboration agreement designed to improve the flow of Fintech innovation between the UK and Australia. Austrade is the Australian government’s ministry of Trade, Tourism and Investment. The agreement is said to be used… Read More

March 21, 2017 @ 3:21 pm By Samantha Hurst  |  

With its Crowdcube campaign set to close this upcoming Friday, fashion brand ME+EM is nearing £1.25 million thanks to more than 750 investors. Prior to the campaign’s debut, ME + EM secured £400,000 from lead investors. ME+EM describes itself as a UK fashion in the direct-to-consumer… Read More

March 21, 2017 @ 3:02 pm By Samantha Hurst  |  

Last week, Trust for London and City Bridge Trust announced they have teamed up to provide £100,000 to through the Improving Life of Londoners Fund. The initiative was launched on crowdfunding platform, Crowdfunder UK.  While sharing details about the Improving Life of Londoner Fund, the organizations… Read More

March 21, 2017 @ 11:10 am By JD Alois  |  

The Innovative Finance ISA or IFISA was has been pitched as a good investment option for savers.  The new retirement vehicle allows individuals to invest in peer to peer lending assets that may provide a better risk-adjusted return for investors. There is a growing number… Read More

March 21, 2017 @ 10:58 am By Samantha Hurst  |  

The Funky Iron Company, a UK-based company that designs, manufactures, and distributes of stylish, functional electric steam irons, successfully completed its first Seedrs crowdfunding round. The company originally sought to raise £100,000 and raised £137,852. As previously reported, founders Joe and Sadie Sillett, revealed the company’s concept and development:… Read More

March 21, 2017 @ 9:43 am By Samantha Hurst  |  

UK-based microscope company ioLight has successfully secured its initial £250,000 funding target during its second equity crowdfunding campaign on Crowdcube. ioLight, which was founded in 2014 by Andrew Monk and Richard Williams, is the maker of a high-resolution portable microscope that displays images directly on tablets or smartphones…. Read More

March 21, 2017 @ 9:07 am By Samantha Hurst  |  

Peer-to-peer lending platform Assetz Capital recently announced it is maintaining its 5 Star Rating from Defaqto in the independent financial information business’ “Loan Based Crowdfunding” category. The online is now one of only two platforms to have achieved the highest rating awarded by Defaqto.  Assetz Capital reports that… Read More

March 21, 2017 @ 7:47 am By JD Alois  |  

UK based Madiston has shared that FinBee, the first licensed peer to peer lender for SMEs in Lithuania, has launched using Madiston tech. FinBee has already been in operation providing consumer loans using the Madiston platform. The company is extending the arrangement to move into… Read More

March 20, 2017 @ 10:57 pm By JD Alois  |  

France is continuing to press the charm campaign to woo UK Fintech firms to cross the channel and set up shop in a proper EU country. As Brexit negotiations are being queued up to set European divorce proceedings in action, Othman Nasrou, the Vice President of International… Read More

March 20, 2017 @ 12:39 pm By Samantha Hurst  |  

With its Crowdcube initiative set to close this upcoming weekend, UK-based home security company Cocoon is nearing £2.3 million thanks to 925 investors. The company previously captured $252,538 from 860 backers in 2014 through reward-based crowdfunding portal, Indiegogo, for its one device home security system. Prior to the… Read More

March 20, 2017 @ 8:29 am By Samantha Hurst  |  

Peer-to-peer invoice finance platform, MarketInvoice, announced on Monday it has appointed Zopa’s co-founder, Giles Andrews, as a new chairman. The company confirmed that Andrews will be working directly with co-founders Anil Stocker and Ilya Kondrashov to drive scale in the business as well as chairing and managing… Read More

March 20, 2017 @ 8:29 am By JD Alois  |  

LendInvest, an alternative property lender, has partnered with Merseyside Pension Fund to finance a loan secured against a development site in Canary Wharf. The £12 million deal was originated by LendInvest and syndicated with Merseyside Pension fund. The syndication was a first for the online… Read More

March 17, 2017 @ 11:35 am By Samantha Hurst  |  

Just a little over a week after launching its equity crowdfunding campaign on Crowdcube, UK-based Love Cheesecake has not only secured its initial £75,000 funding target; it is now nearing £90,000 thanks to more than 140 investors. Founded in 2011, the company states it designs, manufactures and sells… Read More

March 17, 2017 @ 10:45 am By Samantha Hurst  |  

UK-based in-game advertising platform Giftgaming successfully surpassed its initial £80,000 funding target through its second equity crowdfunding campaign on Seedrs. The company launched the initiative at the end of January and has so far raised more than £85,000. As previously reported, Giftgaming is described as a patent-pending in-game ad service… Read More

March 17, 2017 @ 9:55 am By Samantha Hurst  |  

Innovate Finance, the group that champions fintech innovation in the UK and around the globe, announced on Friday the launch of its new ambassador program. According to the organization, the invitation-only initiative looks to recognize a select group of established professionals who are passionate supporters of… Read More

March 16, 2017 @ 11:17 pm By JD Alois  |  

Speaking at the LSE Global Fintech Investor Forum, City Minister Simon Kirby drew a line in the sand and defended UK dominance in Fintech innovation. As Brexit repercussions and encroaching challengers in Asia seek to capture the Fintech crown, Kirby declared “British Fintech is going to… Read More

March 16, 2017 @ 8:18 am By JD Alois  |  

Tennis star Andy Murray has revealed his next batch of investments into UK early stage companies. The three companies, each listed on Seedrs, include; MacRebur, VPAR and Bijou Commerce. Murray is an advisor to the equity crowdfunding platform and has publicly promoted his investments in… Read More

March 15, 2017 @ 2:34 pm By Samantha Hurst  |  

Aduna, a London-based African-inspired food brand, has launched a Seedrs initiative to raise £325,000 to fund the company’s next phase in growth. Founded in 2012 by Nick Salter and Andrew Hunt, the company offers a range of African superfood powders and energy bars. The company’s products… Read More

March 15, 2017 @ 9:12 am By Samantha Hurst  |  

Just a little over a week after launching its equity crowdfunding campaign on Seedrs, London-based Japanese food brand, Miso Tasty has closed the funding round. Originally seeking £150,000, the initiative secured its initial target in 36 hours and at the end of the round raised £269,900. As previously reported,… Read More