Tagged: uk

Former Virgin Galactic President Will Whitehorn Backs Billy Franks’ Crowdcube Initiative

With less than two weeks until Billy Franks’ crowdfunding campaign on Crowdcube comes to an end, it was revealed that former Virgin Galactic president, Will Whitehorn has backed the artisan jerky company’s initiative. The company, which Mail on Sunday Magazine named “The Aston Martin of Jerky,” is… Read More

UK’s Clothing Brand North South Seeks £100,000 Through Crowdcube Initiative

North South, a sustainable lifestyle brand for adventurous urbanites and young professionals, recently launched an equity crowdfunding campaign on Crowdcube to raise £100,000 as it continues to develop its products. The company revealed that it is aiming to provide high-quality, stylish clothing by using sustainably… Read More

ILoveGorgeous Overfunds: UK Clothing Brand Quickly Smashes £300,000 Goal on Crowdcube

Earlier this month, ILoveGorgeous, a fashion brand that’s dedicated to offering clothing for girls, has recently launched a Crowdcube campaign to raise £300,000 for its new line for boys. Within just days of its debut, the initiative successfully secured its initial goal. The brand, which was founded in… Read More

Neyber Appoints Former Zopa Employee Paul Martin Head of Credit Risk

Alternative finance provider, Neyber, announced on Wednesday it has appointed former Zopa credit risk director, Paul Martin, as its new head of credit risk. Martin has reportedly 25 years of experience in the financial service sector and has held credit risks roles in various companies including… Read More

Marketplace Lender ThinCats Secures Fat $10M Debt Injection from ESF Capital; Sets New Goals

Online business marketplace lender ThinCats Australia hopes to lend $100 million by the end of 2017 after a much needed debt injection of $10 million by UK fund ESF Capital, the new controlling shareholder of ThinCats UK, reported The Sydney Morning Herald. UK fund ESF Capital took a 74 per cent… Read More

Growthdeck: UK Crowdfunding Industry Success Fueled by EIS & SEIS Tax Exemptions

Equity crowdfunding platform Growthdeck is highlighting the importance of the Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme, two tax benefits to encourage individuals to invest in small companies.  In a company statement, Growthdeck said that the success of the UK’s crowdfunding industry has… Read More

Brief: Crowdcube #FundedClub Member FourEx to Open Fifth Currency & Coin Exchange Kiosk in London’s Bridge Station

This weekend, Crowdcube announced that its #FundedClub member and creator of a self-service multi-currency note/coin exchange machine, FourEx, is set to open a new kiosk in London’s Bridge Station this month. Back in March 2015, FourEx secured £670,760 from 424 investors during its Crowdcube run. The company’s machines use image recognition… Read More

The UK’s Maturing Financial Disruption: What the Rest of Us Can Learn

  I’ve spent a lot of time in the UK lately, and it’s been on my mind even more.  I was just there for the AltFi Europe Summit, and for the launch of The World’s First Fintech Book, and while I learned plenty, what sticks… Read More

UK Shoe Company Vivobarefoot Disappointed That International Investors Not Allowed to Invest in Crowdcube Offer

Following the closing of Vivobarefoot’s highly successful Crowdcube initiative, founders of the UK shoe brand, Galahad Clark and Asher Clark, shared their frustration the equity crowdfunding platform had to block international investors from joining in. Galahad told Business Insider that Vivobarefoot missed out on thousands of pounds due to Crowdcube… Read More

Supper Looks to Raise £400,000 on Seedrs For Chef Home-Cooked Delivery App

Supper, a mobile application platform, has recently launched an equity crowdfunding campaign on Seedrs to secure £400,000 for its food delivery app. According to Supper, the app offers UK cooking professionals a convenient way to enjoy nutritious home-cooked food. London customers choose a chef and select an item… Read More

Fashion Brand for Girls ILoveGorgeous Seeks £300,000 on Crowdcube to Offer First Boys Line

ILoveGorgeous, a fashion brand that’s dedicated to offering clothing for girls, has recently launched a Crowdcube campaign to raise £300,000 for its new line for boys. The brand, which was founded in 2006, offers clothes and accessories for girls ages 0-15. It has two shops that… Read More

Crowdcube #FundedClub Member PrimoToys Finishes Kickstarter Round; Scores $1.5M For Coding Toy “Cubetto”

On Thursday, Crowdcube #FundedClub member, PrimoToys, announced the closing of its Kickstarter initiative for the coding toy, Cubetto. The project successfully secured $1,596,457 from 6,553 backers. Cubetto is a toy for both boys and girls and is powered by what is described as a “tangible” programming language…. Read More

Riversimple Looks to Raise £1M Through Sharein For Lightweight Hydrogen-Powered Vehicle “Rasa”

Riversimple, a UK-based hydrogen fuel-cell car brand, has launched a Sharein campaign to raise £1M for the development of its lightweight hydrogen-powered vehicle, Rasa. The Rasa is described as a two-seater “network electric” car that is powered by a hydrogen fuel cell. Riversimple confirmed that the vehicle’s… Read More

UK’s Rise Art Seeks £150,000 on Crowdcube to Expand Online Marketplace

Rise Art, an online marketplace for contemporary art, recently launched an equity crowdfunding campaign on Crowdcube to raise £150,000 as it prepares to expand. The company allows art lovers to easily buy or rent artwork. Its description reads: “We’re changing the way consumers find and own original… Read More

Brief: Crowdcube Looks Back At Silkfred’s Success

Continuing to share more stories of its platform’s funding successes, Crowdcube revealed a timeline of its #FundedClub member, Silkfred. SilkFred, which is described as a platform that provides online and offline routes to market for independent fashion brands, secured £145,610 from 70 investors in 2013 and has since… Read More

The Innovative Finance ISA is Available Today, Meanwhile Some Large P2P Platforms Wait for FCA Approval

The UK peer-to-peer (P2P) lending industry has been waiting for this day for quite some time. The Innovative Finance ISA (IF ISA) is now available to savers across the country representing a new investment option promoted as driving superior risk adjusted returns for investors.  With… Read More

Delegation from “Chinese Crowdfunding Capital” to Work with City of Liverpool

  A Chinese delegation from Guiyang, the capital of Guizhou Province in China described as the “capital of crowdfunding” in the country, is visiting the City of Liverpool to explore potential areas of collaboration such as tourism, big data and crowdfunding.  The 24 delegates from… Read More

Santander UK Partners with Kabbage Platform for SMB Lending

Santander UK, a subsidiary of Grupo Santander, one of the ten largest banks in the world,  announced its intention to license the Kabbage Platform to power automated SMB lending throughout the United Kingdom. “There is incredible potential to shape the next generation of business lending… Read More

What’s the Plan? Financial Conduct Authority Publishes 2016-2017 Business Plan

The Financial Conduct Authority (FCA), UK’s securities regulator, has published its business plan for the coming year. The FCA is in a period of transition as interim CEO Tracey McDermott, will be transitioning out as her replacement Andrew Bailey takes the helm of the agency… Read More

Fintech Firm Neyber Hires Barclays Exec.

Alternative finance provider Neyber has hired Heidi Allan to lead “insights and engagements” at the direct lending firm. Allan was previously vice president, proposition manager at Barclays where she participated in the delivery of thought leadership pieces including ‘Talking About My Generation’ and ‘Financial Well-being: The… Read More

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