Tagged: uk

February 22, 2017 @ 3:52 pm By Samantha Hurst  |  

Just a month and a half into the new year, UK-based Seedrs announced its predictions for equity crowdfunding campaigns in 2017. While sharing details about last year’s successes, the Seedrs team stated: “2016 was a record-breaking year for Seedrs with over 134 deals funded and… Read More

February 22, 2017 @ 3:41 pm By JD Alois  |  

SME lender Funding Circle has reportedly topped £2 billion in lending. The SME marketplace lender is closing in on UK’s largest online lender Zopa that announced in January it had surpassed the £2 billion mark. Of course Funding Circle is an international operation with lending… Read More

February 22, 2017 @ 11:12 am By Samantha Hurst  |  

Teneno has successfully completed its equity crowdfunding round on Seedrs. The IT networks company not only secured its initial £150,000 funding, it also attracted nearly £165,000. The London-based company revealed it allows SMEs to move away from outdated hardware solutions by banishing the need for those industrial cabinets… Read More

February 22, 2017 @ 10:34 am By JD Alois  |  

The Financial Conduct Authority (FCA), the securities regulator in the UK, has signed a cooperation agreement with the Ontario Securities Commission (OSC).  The agreement is designed to provide support to innovative Fintech firms seeking entry into either market. The Agreement allows the FCA and the… Read More

February 22, 2017 @ 9:59 am By Samantha Hurst  |  

UK-based private equity firm Maven Capital Partners announced on Wednesday it was appointed by the Northern Powerhouse Investment Fund (NPIF) to manage the £57.5 million NPIF Maven Equity Finance fund as part of NPIF’s £400 million of capital available to support growing SMEs.  According to… Read More

February 21, 2017 @ 4:22 pm By Samantha Hurst  |  

Zopa, the UK’s very first peer to peer lending platform, announced on Monday it was named Best Personal Loan Provider & Best Alternative Finance Provider at the 2017 British Bank Awards. The online lender revealed in a blog post: “We’re excited to announce we’ve been named… Read More

February 21, 2017 @ 1:58 pm By Samantha Hurst  |  

London-based Oppo Ice Cream has completed its third equity crowdfunding campaign on Seedrs and captured more than £465,000 in funding. The company has created ice cream with fewer calories than an apple. It contains 60% fewer calories than regular ice cream due to ingredients such as… Read More

February 21, 2017 @ 12:05 pm By JD Alois  |  

Online lender RateSetter has said it has now collected £1 billion in capital repayments from borrowers since its first loan back in 2010. Overall, RateSetter has originated approximately £1.75 billion in loans while paying out £63 million in interest.  The average interest rate ranged between… Read More

February 21, 2017 @ 12:00 pm By Samantha Hurst  |  

With less than 48 hours until its fourth equity crowdfunding campaign on Crowdcube comes to an end, Cauli Rice (also known as Fullgreen Ltd.) has successfully secured nearly £1.3 million from more than 900 investors. The company launched the initiative earlier this month and quickly surpassed… Read More

February 20, 2017 @ 4:11 pm By Samantha Hurst  |  

POD Point, a UK based charge point suppliers for electric vehicles that claims to be leading the European market, has launched its third equity crowdfunding campaign on Crowdcube. The company is seeking £1.5 million, which will be part of a larger £9 million fundraise led by… Read More

February 20, 2017 @ 3:16 pm By Samantha Hurst  |  

Kwikpay, an app for prepaid services, has completed its equity crowdfunding round on Seedrs. The digital platform originally sought to raise £150,000 and successfully secured £168,821. As previously reported, Kwikpay offers an IoS and Android app and also includes services for Xbox. It is also seeking to… Read More

February 20, 2017 @ 11:36 am By Samantha Hurst  |  

  Temple Cycles, a UK bicycle brand, has launched an equity crowdfunding campaign on Crowdcube as it prepares to grow its British bicycle manufacturing. The company, which was launched in 2014 by founder and bicycle industry vet Matt Mears, stated it design, produces and sells a… Read More

February 20, 2017 @ 10:55 am By Samantha Hurst  |  

UK peer-to-peer lending platform, Landbay, has officially launched its property-backed ISA investment. This news comes just a little over a month after the lender was granted ISA manager status by HMRC. The Landbay team stated: “The Property‐Backed ISA is the latest in our line of… Read More

February 20, 2017 @ 9:05 am By JD Alois  |  

OFF3R, an online marketplace for alternative investments, published a report on P2P lending and crowdfunding last week.  OFF3R said that while equity crowdfunding sagged in January – dropping 65% from December – P2P lending remained strong. The Index includes six different equity crowdfunding platforms. OFF3R… Read More

February 20, 2017 @ 8:02 am By JD Alois  |  

Last week, NatWest – part of the Royal Bank of Scotland (RBS) – announced a new online platform designed to simplify the loan making process for UK SMEs.  Borne out of an ‘Innovation Cell’, working with Fintech firm Ezbob Limited,  “Esme” has been developed in… Read More

February 19, 2017 @ 2:04 pm By JD Alois  |  

World First, an international Fintech business in the Forex and money transfer space, is out with their Global Trade Barometer report and according to their perspective it’s not all good. World First says that UK SMEs are taking it on the chin as post-Brexit fallout is… Read More

February 18, 2017 @ 9:31 am By Samantha Hurst  |  

UK-based equity crowdfunding platform Crowdcube celebrated its sixth year anniversary on Friday by looking back at its successes throughout the years. The Crowdcube team revealed that since its launch, the platform has helped over 430 companies secure £200 million. The website revealed its latest infographic… Read More

February 17, 2017 @ 3:51 pm By Samantha Hurst  |  

London-based blockchain startup Tramonex as reportedly received the first approval from UK’s Financial Conduct Authority (FCA) to issue digital money. The company received the approval on January 25th and may now issue electronic money (e-money) and provide payment services. According to the FCA, Tramonex has… Read More

February 17, 2017 @ 9:02 am By Samantha Hurst  |  

Fitch Brew Co., a UK-based coffee brewery, has launched an equity crowdfunding campaign on Crowdcube as it prepares to launch its brand. The company, which was founded byEmily Fitchett in May 2016, describes itself as a disruptive cold brew coffee brand that is aiming to change the… Read More

February 17, 2017 @ 7:56 am By JD Alois  |  

  Peer to peer lender  Assetz Capital has hired former Santander Director Andrew Fraser to manage Northern Ireland operations.  Fraser’s role is to help local businesses acquire finance through the peer-to-peer platform as Assetz Capital expands its business. Fraser joins Assetz Capital from Santander UK Corporate and Commercial.  In his… Read More