Tagged: uk

July 15, 2016 @ 8:24 am By JD Alois  |  

Recently launched crowdfunding platform, Downing Crowd, an offshoot of London-based VC firm Downing, is finding success with its new platform. Powered by Edinburgh-based ShareIn, Downing Crowd has closed its second deal in two days raising a total of £3.2 million.  According to information provided by… Read More

July 14, 2016 @ 10:14 pm By Scott Woodley  |  

The truth is that for many entrepreneurs valuing your company is one part industry analysis, two parts assessing your traction to date and ten parts finger-in-the-air guessing or back of a beer mat maths. But there are ways to get help – here’s how we… Read More

July 14, 2016 @ 4:04 pm By Samantha Hurst  |  

Flexyfoot, a UK-based startup that provides ferrules and walking aids, recently launched an equity crowdfunding campaign on Seedrs to raise £100,000. Within a matter of days, the company successfully secured its initial funding goal. The company has notably developed a patented designed suspension system on the… Read More

July 14, 2016 @ 2:12 pm By Thomas Howard  |  

The Financial Conduct Authority (FCA) will look to ensure that consumers are sufficiently protected against the risks inherent in crowdfunding while supporting innovation in the growing market in a forthcoming review of its regulation of the industry. Crowdfunding rules were introduced by the FCA in… Read More

July 14, 2016 @ 10:55 am By Samantha Hurst  |  

Crowdcube is queuing up for a self-crowdfunding round and this may end up being the largest investment crowdfunding round ever. Crowdcube initially set the bar at £5 million but apparently, this was a bit too low as investors have blitzed the Crowdcube platform to register… Read More

July 14, 2016 @ 10:03 am By JD Alois  |  

The UK Crowdfunding Association (UKCFA) is partnering on a forthcoming crowdfunding event scheduled to take place in London this coming fall. Crowdfest is described as a “multi-streamed forum with over 50 speakers, taking place in October with a capacity of 700.”  Crowdfest strives to be the industry’s leading… Read More

July 14, 2016 @ 9:16 am By JD Alois  |  

Mindful Chef, a young company that makes healthy eating easy by delivering  all the good-for-you ingredients to create meals, is raising £400,000 on Seedrs and the equity crowdfunding offer is off to a solid start. Launched today, Mindful Chef has already captured 45% of its… Read More

July 13, 2016 @ 5:06 pm By Samantha Hurst  |  

Verto Homes, a London-based builder that creates sustainable homes, launched an equity crowdfunding campaign on Crowdcube to raise £1 million. Within just a few hours, the initiative successfully secured 41% of its targetted goal (£415,000) from 14 investors. Founded in 2010 by entrepreneurs, Tom Carr and Richard… Read More

July 13, 2016 @ 12:37 pm By Samantha Hurst  |  

On Wednesday, crowdfunding platform Crowdfunder UK announced its biggest and most influential crowdfunder, Lemn Sissay, has been awarded New Radical Status. The Crowdfunder UK crew shared Nesta has teamed up with The Observer to release their 2016 New Radicals list. This list is full of people… Read More

July 13, 2016 @ 11:47 am By Samantha Hurst  |  

This week, London-based real estate crowdfunding platform, Property Partner, has reportedly laid off 29% (13) of its employees. According to Business Insider, the recent cuts have taken Property Partner’s employee headcount from 44 to 31. The funding portal revealed that the decision was made as… Read More

July 13, 2016 @ 11:15 am By JD Alois  |  

Below is an infographic created in conjunction with London Fintech Week which commences next Monday (July 18).  The research compiled on Fintech growth is quite interesting showing a dramatic increase in the Asia Pacific region and slowing growth in the UK.  China has overtaken Europe,… Read More

July 13, 2016 @ 10:00 am By JD Alois  |  

Revolut, a Fintech startup that recently decided to offer £1 million to retail investors as part of a much larger Series A funding round, has crushed all expectations for indications of investor interest.  The offer, which is scheduled to go live on Crowdcube this Monday,… Read More

July 13, 2016 @ 9:29 am By JD Alois  |  

The annual London Fintech Week will open on Monday with Rajesh Agrawal, Deputy Mayor for Business, kicking off the event. London is well recognized as perhaps the leading Fintech hub in the world so it is interesting to note the gathering takes place as Fintech… Read More

July 13, 2016 @ 9:19 am By Samantha Hurst  |  

Today is the last day to invest in UK-based energy-saving lightbulb manufacturer, Plumen! The company took to equity crowdfunding platform Crowdcube in June to raise 500,000 for its new products. Within a month and a half, it surpassed its initial goal and is finishing the funding… Read More

July 12, 2016 @ 8:12 am By JD Alois  |  

The Financial Conduct Authority (FCA) has published a Competition Report, alongside their annual report this year. Incorporated in HM Treasury’s 2015 Productivity Statement, the FCA was asked to produce a standalone annual competition report to show how well they are delivering on their competition objective…. Read More

July 11, 2016 @ 4:04 pm By JD Alois  |  

Revolut (as in Revolutionary), a new application to instantly send and spend money globally, has captured solid VC support.  In 2015, Crowdfund Insider reported the company had raised £1.5 million from Balderton Capital as the founder and CEO Nikolay Storonsky explained, “Revolut has an ambition to… Read More

July 11, 2016 @ 1:55 pm By Samantha Hurst  |  

Sterling Shave Club, a monthly subscription service that delivers quality razors and shaving gear, is seeking to raise £150,000 through its new Seedrs initiative. The company, which was founded in 2013 and has over 3,000 members, currently delivers razor blades to both men and women… Read More

July 11, 2016 @ 10:55 am By Samantha Hurst  |  

Just one year after successfully securing £83,310 through its first Crowdcube campaign, UK-based health supplement brand Staks has returned to the equity crowdfunding platform with a mission to raise £50,000 for expansion and to present its new product to the market. Staks is described as a one-stop… Read More

July 10, 2016 @ 12:00 pm By Therese Torris  |  

As UK politicians, pro-Brexit and pro-Bremain alike, resign one after the other, the uncertainty about the consequences of the Brexit vote is rising instead of abating. Here is a summary the following main causes of uncertainty that impact financial services: The Legal Exiting Process: The… Read More

July 9, 2016 @ 2:54 pm By JD Alois  |  

In 2014 the Financial Conduct Authority (FCA) enacted new rules for the regulation of crowdfunding platforms operated by firms authorized by the FCA. At that time, the agency committed to carrying out a full post-implementation review of the crowdfunding market and regulatory framework in 2016…. Read More