Tagged: uk

August 5, 2016 @ 8:08 am By Erin Hobey  |  

The robo-investor Wealthify plans to raise £1 million in capital from the crowd through Seedrs. Continuing its mission to democratize investing in the UK, the online investment service, which went live in April, plans to launch its public crowdfunding campaign on 12 September. Priority access will be given… Read More

August 4, 2016 @ 11:08 am By Samantha Hurst  |  

Last week, the team at Zopa announced they have officially moved from their Chancery Lane office to the peer-to-peer lending platform’s new location in London Bridge. The company shared in a blog post: “This office move is much more than a location change: it’s a statement that Zopa… Read More

August 4, 2016 @ 10:21 am By JD Alois  |  

Equity for Punks Crosses the Atlantic and Invades the USA. BrewDog to Challenge “Archaic Financial Institutions.” BrewDog, Scotland’s largest independent brewer, has launched its US equity crowdfunding offer following years of success in raising capital from its consumers in the UK. BrewDog was founded in… Read More

August 4, 2016 @ 8:15 am By JD Alois  |  

  The Bank of England (BoE) has cut its benchmark rate by 0.25% – the first time in 7 years. The pound quickly moved lower reacting to the announcement. The move was telegraphed several weeks back in reaction to Brexit fallout. The interest rate cut… Read More

August 3, 2016 @ 3:24 pm By Samantha Hurst  |  

Set to finish its Crowdcube campaign today, London Doctors Clinic has successfully secured over £800,000 from nearly 350 investors. The clinic took to the equity crowdfunding platform last month to raise a minimum of £600,000. The clinic currently offers 15-minute consultations to London’s residents starting at a low… Read More

August 3, 2016 @ 9:36 am By Samantha Hurst  |  

On Wednesday, London-based tech accessories startup iQualTech launched an equity crowdfunding campaign on Seedrs to raise £100,000 as it prepares to expand into new markets worldwide. The company was founded in three years ago, and offer a wide range of products (including Pill Speakers) that have been sold worldwide… Read More

August 2, 2016 @ 8:08 am By JD Alois  |  

GLI Finance Limited (LSE:GLIF) has announced the hiring of two senior executives.  Russell Harte has been appointed Chief Operating Officer and Steven Simpson has been selected as the Head of Group IT. Andy Whelan, CEO of GLI, released a statement on the addition of the two… Read More

August 1, 2016 @ 4:54 pm By Samantha Hurst  |  

Last week, UK peer-to-peer lending platform, Orchard Lending Club, officially launched and is now offering investors the opportunity to earn up to 7.08% interest per annum over a five-year period by lending finance to creditworthy professional practices and schools and their clients. Orchard Lending Club is… Read More

August 1, 2016 @ 4:36 pm By Samantha Hurst  |  

With less than 48 hours until its Crowdcube campaign is set to close, the London Doctors Clinic has successfully secured its initial £600,000 funding goal thanks to nearly 250 investors. The clinic launched the initiative earlier this summer. As previously reported, the London Doctors Clinic… Read More

August 1, 2016 @ 1:23 pm By Samantha Hurst  |  

Last week, Crowdcube caught up with CEO of GoHenry, Alex Zivoder, who revealed why he decided to invest in the equity platform during its latest crowdfunding round. Crowdcube launched its campaign a few weeks ago and quickly raised over $6.7 million from 3234 investors. It was the… Read More

August 1, 2016 @ 8:41 am By JD Alois  |  

wiseAlpha, the Fintech firm that provides access to senior secured corporate debt to retail investors, is now introducing senior secured bonds from established UK brands on its platform. Any investor may now participate in assets that generate between 5% to 8% in a relatively low-risk… Read More

August 1, 2016 @ 8:07 am By JD Alois  |  

ArchOver has announced topping £20 million in lending. ArchOver is supported by Hampden Group, a financial firm that manages insurance assets and is, in fact, the largest members’ agency at Lloyd’s. Hampden is both an investor in ArchOver the company and an active investor over… Read More

July 31, 2016 @ 7:44 pm By JD Alois  |  

Last week the Payments Systems Regulator (PSR) announced that reform is needed in the UK payments sector to improve competition and better serve consumers.  The announcement was made by the one-year-old agency following a report on payments released by the PSR. The PSR stated that there… Read More

July 30, 2016 @ 12:27 pm By JD Alois  |  

After many moons of solid growth, the UK equity crowdfunding market is in the midst of a slump.  This is according to data on the UK funding ecosystem correlated by Beauhurst released this past week.  The slowing market started in Q1 and accelerated during Q2… Read More

July 30, 2016 @ 8:50 am By Samantha Hurst  |  

Just a few days before it was supposed to close its equity crowdfunding campaign on Crowdcube, UK-based Seven Bro7hers Brewery decided to extend its funding round for another two weeks. As previously reported, the company is looking to raise 150,000 and is currently offering 16.84% in equity to… Read More

July 29, 2016 @ 10:59 am By JD Alois  |  

Seedrs is pointing to a recent report that gives it the top spot for crowdfunding deals in the UK. According to Beauhurst, Seedrs is in the pole position having funded 78 deals in the first 6 months of 2016 topping competitor Crowdcube which came in… Read More

July 29, 2016 @ 8:29 am By JD Alois  |  

Even while Brexit pushes pause on so many policy issues, the implementation of Markets in Financial Instruments Directive “II” (MiFID II) moves forward in the UK. The MiFID is a collective regulatory approach to streamlining the purchase and sales of securities across Europe. MiFID II… Read More

July 29, 2016 @ 8:04 am By JD Alois  |  

Asset-backed peer to peer lender Ablrate has released information on an origination partnership with Access Commercial Finance based in Leeds. The arrangement is said to have generated over £2.5 million of loans so far this year. Ablrate launched as a niche P2P lender focusing on… Read More

July 29, 2016 @ 7:44 am By JD Alois  |  

Money&Co., a peer to peer lender targeting small businesses, has signed an agreement to receive investment capital from the Chinese Overseas Consortium Development Company.  According to information provided by the P2P lender, this is the third funding round and values the company at over £20… Read More

July 28, 2016 @ 12:13 pm By JD Alois  |  

Lloyds Bank, an over 250-year-old institution with a storied past is struggling with the future. The august financial institution released Q2 results today as management explained that following the EU referendum results the UK economy is uncertain. Brexit and the swirling negotiations are expected to… Read More