Tagged: uk

July 8, 2016 @ 3:40 pm By Samantha Hurst  |  

Milton Keynes, United Kingdom-based Steve Grindrod Amplification (SGA) announced it is seeking £200,000 through Seedrs as it prepares to expand and become what it hopes the music industry’s “next iconic brand.” Founder of the company, Steve Grindrod has reportedly stated: “For over 40 years I’ve obsessed… Read More

July 8, 2016 @ 12:05 pm By Samantha Hurst  |  

On Friday,  GlenWyvis Distillery officially closed its highly successful Crowdfunder UK campaign, which captured £2,533,510 from 2443 investors.The distillery took the funding portal last month to secure £1.5M as it prepared to build the very first community-owned craft whiskey distillery in Scotland. After raising the initial goal, the company… Read More

July 8, 2016 @ 11:52 am By JD Alois  |  

As announced earlier today, the Financial Conduct Authority (FCA) has requested feedback from interested parties regarding the regulatory environment for debt and investment-based crowdfunding. The process is part of an anticipated periodic review of this new form of finance. Original rules were enacted in 2014…. Read More

July 8, 2016 @ 10:28 am By JD Alois  |  

Alan Christopher Colton, who was previously convicted of fraud, received a two-year suspended prison sentence and a £100 fine earlier this week, according to the Times.   Colton, and his company 88 Delicious, a flavored Vodka brand, had previously offered shares in the company on Crowdcube… Read More

July 8, 2016 @ 8:43 am By JD Alois  |  

The UK Peer to Peer Finance Association (P2PFA) has released a comment on the forthcoming review of crowdfunding rules by the Financial Conduct Authority (FCA). The P2PFA called the post-implementation review of crowdfunding rules an opportunity to ensure an appropriate balance of regulation protecting investors… Read More

July 7, 2016 @ 4:45 pm By Samantha Hurst  |  

YUUworld, an Essex-based kids backpack brand, recently launched an AngelsDen campaign as it prepares to expand its company.  YUU currently offers a range of premium and unique children’s activity backpacks for on-the-go entertainment. “With a YUUbag busy kids can take the fun wherever they go and… Read More

July 7, 2016 @ 3:56 pm By Samantha Hurst  |  

L’ochidee, a London-based company that specializes French macarons, luxury cakes, and deserts, has recently launched a Crowdcube campaign to raise £200,000 as it prepares to open more locations throughout England’s capital. The company shared that it specializes in modern bake goods that have individual designs and… Read More

July 7, 2016 @ 3:35 pm By JD Alois  |  

The collateral damage of the Brexit decision will be reverberating for weeks to come but some countries are sensing an opportunity in light of the UK decision to abandon the EU.  France is now rolling out the red carpet hoping to lure UK based financial… Read More

July 7, 2016 @ 11:49 am By JD Alois  |  

UK based Crowdsurfer, a “data and intelligence service for crowd finance” has raised additional funding now bringing their total outside investment to £1.2 million.  The amount of the new funding, led by Mustard Seed Venture Fund, was not disclosed. Additional angels and earlier investors were… Read More

July 7, 2016 @ 11:07 am By Samantha Hurst  |  

Two years after successfully securing £374,213 through its Indiegogo campaign, Tens, the real life photo filtering sunglasses, has reportedly received a significant investment from famous entrepreneur and Virgin Group’s Sir Richard Branson. Tens, which was founded by Kris Reid, Marty Bell, and Tom Welsh,  offers sunglasses that lend an… Read More

July 7, 2016 @ 10:58 am By JD Alois  |  

The UK Chancellor of the Exchequer, George Osborne, has joined with UK financial industry leaders in a statement regarding the status of London as a global financial center following the EU Referendum results. London, depending on how you rank certain characteristics, is considered to be… Read More

July 7, 2016 @ 10:28 am By JD Alois  |  

Crowdcube Spain has received approval by the Comision Nacional del Mercado de Valores (CNMV), the regulatory body of the Spanish Stock Market. Management believes the approval has strengthened Crowdcube’s position in Europe following the Brexit decision for the UK to depart the EU. Crowdcube Spain… Read More

July 6, 2016 @ 3:14 pm By Samantha Hurst  |  

Seven Bro7hers, a Manchester-based craft brewing company, has recently launched an equity crowdfunding campaign on Crowdcube to raise a minimum of £150,000. The company is currently offering 16.84% in equity to those who invest. The brewery stated: “Our vision for SEVEN BRO7HERS is committed to becoming one of the… Read More

July 6, 2016 @ 12:50 pm By Samantha Hurst  |  

On Wednesday, London-based Pronto announced it formed a partnership with tech startup Starship Technologies to use self-driving robots for food deliveries. The restaurant provides healthy meals delivered hot with a 25-minute free delivery. Pronto took to Seedrs in May and secured £838,620 to expand its delivery area… Read More

July 6, 2016 @ 12:18 pm By Samantha Hurst  |  

This week, head of production at BrewDog, Matt Licklider, shared details about crowdfunded brewery’s third site, which was funded through the Equity for Punks campaign. Originally started out in the back of a van by two guys and dog, BrewDog is now recognized globally for… Read More

July 6, 2016 @ 11:01 am By JD Alois  |  

Mangrove Capital Partner and former COO of Skype, Michael Jackson, is of the opinion the Brexit is “far from being an economic disaster”. In a release on Finextra, Jackson states that great entrepreneurs feed off of disruption. In this case, the disruption is being driven… Read More

July 6, 2016 @ 9:27 am By JD Alois  |  

Yesterday the Financial Policy Committee (FCP) of the Bank of England relaxed bank capital requirements in a proactive move designed to stave off a looming, Brexit driven slowdown. Bank of England Governor Mark Carney stated; “The UK has entered a period of uncertainty and significant… Read More

July 6, 2016 @ 8:14 am By JD Alois  |  

LendInvest has appointed Mike Nuttall to be the company’s first VP of Engineering. Nuttall was most recently at Moo but previously led tech teams at FanDuel, Doctors.Net.Uk and MedicAnimal. The new hir was described as part of LendInvest’s effort to scale up the technology side of the… Read More

July 5, 2016 @ 4:39 pm By Samantha Hurst  |  

Leading UK based investment crowdfunding platform SyndicateRoom was named Alternative Finance Provider of the Year at the 2016 High Potential Business Awards, which took place in London on June 22nd and celebrated the achievement outstanding growth businesses, along with the advisors and financiers that support them. “This award… Read More

July 5, 2016 @ 3:56 pm By Samantha Hurst  |  

Just a little over a week after the UK voted to depart from the European Union (EU), Lending Works offered pension advice to the country’s retirees (or soon to be) following the surprising decision. The peer-to-peer lending platform shared: “Less than a week in, and the… Read More