Tagged: uk

Seedrs Hires New Executives in Advance of a Major Ramp-Up of Activity

Seedrs is preparing for a major strategic push this year as it seeks to hit “aggressive growth targets.”  In advance of the expected expansion, Seedrs has appointed two executives to add fire-power to the management team. Seedrs has appointed, Jeff Kelisky as COO – a… Read More

Challenger Bank Revolut & Lending Works Partner Up to Provide Instant Credit Anywhere

Revolut is a digital only challenger bank that does far more than a traditional bank at a lower cost. Lending Works is a new world online lender that streamlines the borrowing process at a lower cost without having to stomp down to your corner branch…. Read More

Online Florist Marketplace Floom Seeks £390,000 on Crowdcube

Floom, an online marketplace that connects consumers with independent florists, has launched an equity crowdfunding campaign on Crowdcube. The website is currently seeking £390,000 to continue growth and expansion. The platform, which was founded by Lana Elie, was designed to solve the problem of finding… Read More

Hummus Bros Returns to Seedrs to Raise £125,000 to Expand Mediterranean Restaurant

Mediterranean restaurant and pop-up chain, Hummus Bros, has returned to equity crowdfunding platform Seedrs to raise 125,000 as it prepares for expansion. The company secured 454,651 less than two years ago. Hummus Bros was launched in May 2003 by friends Christian Mouysset and Roen Givon…. Read More

On Two Year Anniversary, VentureFounders Surpasses £40 Million in Funding

VentureFounders, a crowdfunding platform that targets sophisticated investor, has surpassed £40 million in funding after 2 years of operation.  The company explains that 85% of the portfolio has the backing of venture capital firms and that 87% of all issuers listed on the site have… Read More

Investment Platform CapitalRise Launches Innovative Finance ISA For Residential Property

CapitalRise, a London-based property investment platform, announced on Monday it is launching an Innovative Finance ISA (IFISA) wrapper for residential property. According to the platform, the new IFISA allows savers to invest a minimum of £1,000 and up to £15,240 in the current tax year (rising to £20,000 in the… Read More

London Restaurant Ben’s Canteen Quickly Nears £400,000 Through Crowdcube Initiative

London-based Ben’s Canteen launched an equity crowdfunding campaign on Crowdcube last week. The company secured £150,000 from friends, family and a small group of Canteen customers before publicly launching the initiative. It is now nearing £400,000. Founded in 2011 by experienced multi-channel marketer, Ben Walton, Ben’s… Read More

PwC: UK Fintech Market Matures. Focus Turns to AI & Putting Customers First

A new report by the Startupbootcamp FinTech London program and PwC states that Fintech startups are increasingly focusing on building artificial intelligence and its potential to solve customer problems. The report says there has been a change in culture over the past year in the Fintech… Read More

Businessagent Partners with Crowdrating on Equity Crowdfunding Risk Ratings

Businessagent and Crowdrating have partnered join forces to provide UK equity crowdfunding risk ratings. The new joint venture was said to represent a “significant step forward” in transparency for UK crowdfunding. Businessagent is an FCA regulated equity crowdfunding and peer-to-peer aggregator. Crowdrating provides independent research and… Read More

Spring Budget Response: Innovate Finance Says UK Government Must Do More to Create Funding Ecosystem

Innovate Finance, the group that champion’s Fintech innovation in the UK and around the world, has shared the opinion of their Policy and Research Team on the Chancellor of the Exchequer, Phillip Hammond’s Spring Budget. Innovate Finance said they were pleased with the announcement that technical… Read More

Lawsuits & Delays: The Sinclair ZX Spectrum Vega Plus Console Delivers Drama but No Perks

The Sinclair ZX Spectrum Vega Plus Console crowdfunding campaign on Indiegogo may win the award for most melodramatic campaign ever. From the delays to lawsuits and the inevitable demands for refunds – it’s all here. Launched in 2016, Retro Computers and Sir Clive Sinclair –… Read More

OFF3R Launches New Interface & Investor Education Tools

OFF3R, a UK based aggregator of alternative finance platforms, has released an updated interface that allows investors to easily compare investment opportunities from over 40 different platforms. The new site lets users apply filters and sorting to bring forward the most relevant opportunities across equity… Read More

Update: Tutora to Finish Second Crowdcube Campaign Round With Nearly £700,000 in Funding

With just 24 hours left until its second equity crowdfunding campaign on Crowdcube comes to an end, online tutor marketplace Tutora is set to close the funding round with nearly £700,000 in funding. The company launched the initiative last month seeking £350,000. Tutora was launched… Read More

Success: GripIt’s Second Crowdcube Campaign Raises £1.5 Million Funding Goal

Dragons Den alum GripIt has successfully secured its second Crowdcube campaign’s initial £1.5 million funding target from 900 investors. This initiative comes less than one year after the company raised nearly £2 million from over 600 investors through its first equity crowdfunding campaign. GripIt describes itself as… Read More

RateSetter Releases Performance Statistic Update

P2P lender RateSetter announced on Friday it has updated its performance statistics. According to the lending platform, a new set of fields on the Performance by year means investors may now view the amount lent by year, which is broken down by lending type. The… Read More

Overfunding: Home Security System Cocoon Surpasses £2 Million Funding Target on Crowdcube

With nearly two weeks until its Crowdcube campaign comes to an end, UK-based home security company Cocoon successfully secured its new £2 million funding target (originally £2.5 million) from nearly 750 investors. Before launching the initiative, the company raised £1,025,000 from Aviva Group Holdings and Breed Reply… Read More

MacRebur Completes Seedrs Crowdfunding Round: Secures More Than £1.2 Million in Funds

MacRebur, a UK-based company that uses waste plastics to create strong, longer-lasting roads, has competed its equity crowdfunding run on Seedrs. Originally seeking £590,000, the company closed the initiative with £1,274,140 in funding. The company, which was a participant of Voom 2016, a contest that was launched by… Read More

Seedrs Alum Perkbox Appoints Former Yahoo! Finance Manager Rob Gorle As Finance Director

Seedrs alum and growing employee/customer engagement firm, Perkbox, announced on Thursday it has appointed former Yahoo! finance manager, Rob Gorle, as its new finance manager. According to Perkbox, the appointment forms part of its expansion plans in the UK and internationally. Perkbox reported as finance director, Gorle… Read More

InvestCloud Expands Into Europe: Opens Soho Headquarters & Launches New Division

Global fintech firm InvestCloud announced on Thursday it is expanding into Europe by launching a new division and opening its London Soho headquarters. According to InvestCloud, the forming of its icMAC (Modeling, Accounting & Custody) division follows the firm’s $20 million acquisition of London-based Babel Systems,… Read More

UK & Japan Governments Partner to Promote & Support Fintech Innovators

The Financial Services Agency of Japan (JFSA) and the UK’s Financial Conduct Authority (FCA) have announced a “Co-operation Framework” to support innovative Fintech firms. This “Exchange of Letters” between the JFSA and the FCA is intended to provide a regulatory referral system for “Innovator Businesses”… Read More

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