Tagged: uk

March 7, 2016 @ 9:55 am By JD Alois  |  

Neyber, an online lender that offers low-interest rate loans as part of a salary deduction program, has been selected as part of a Fintech delegation visiting Silicon Valley. The effort is driven by the UKTI, is is part of the push to highlight the “Best… Read More

March 7, 2016 @ 8:06 am By JD Alois  |  

Property crowdfunding platform, Property Partner, has raised £15.9 million in a series B funding round. The investment was led by Octopus Ventures with participation by Index Ventures and Dawn Capital (£12.9 million).  Silicon Valley Bank provided a £3 million venture debt facility as part of… Read More

March 7, 2016 @ 7:28 am By JD Alois  |  

Uncle Buck, a short term or payday lender, has received Financial Conduct Authority authorisation (FCA), according to information provided by the platform.  Representatives state the FCA approval comes following extensive assessment of business practices and management. Uncle Buck has welcomed the increased regulation of the… Read More

March 5, 2016 @ 9:18 am By Samantha Hurst  |  

Last month, Pact Coffee, a London-based coffee company, has launched an equity crowdfunding campaign on Crowdcube to raise £1 million as it begins to expand to other markets. The brand has reportedly been backed by some of European’s leading venture capitalists and has been recognized as an innovative… Read More

March 3, 2016 @ 9:35 am By JD Alois  |  

If you were able to purchase shares of Mondo Bank on Crowdcube – Congratulations.  But if you blinked and did not register at exactly 1PM GMT sorry.  You are out of luck. Mondo Bank raised £1 million from investors in just 96 seconds. This is… Read More

March 3, 2016 @ 7:41 am By JD Alois  |  

After a challenging problem of too much demand and not enough supply,  Mondo is back on Crowdcube today to allow smaller investors the opportunity to invest in the possible future of banking. RELATED: Mondo Bank Raises £1 Million in 96 Seconds. Sets Equity Crowdfunding Record At… Read More

March 1, 2016 @ 11:47 am By Samantha Hurst  |  

Last month, peer to peer lender Zopa announced it launched a trio of new products to replace its existing lending offerings. Zopa Access, Zopa Classic and Zopa Plus are designed to offer more choice and flexibility to lenders.  For current lenders, Zopa will retire the existing… Read More

March 1, 2016 @ 9:06 am By Samantha Hurst  |  

Mondo, the digital only challenger bank, attempted to sell shares on Crowdcube yesterday but demand was so robust the site became overloaded causing a temporary halt to any sales.  Crowdcube has posted  a Status Page, saying they are sorry.. “The launch of the Mondo campaign… Read More

February 29, 2016 @ 1:57 pm By Therese Torris  |  

Beauhurst, a leading provider of data on high-growth UK companies, released “The Deal” its 2015/2016 report on equity fundraising for UK private fast-growth companies. Crowdfunding emerges as a leading force in seed investing and is expected to become one in growth investing as its average… Read More

February 29, 2016 @ 7:19 am By JD Alois  |  

Andy Murray, a top ranked professional tennis player and advisor to Seedrs, has released his first investments for 2106 via the equity crowdfunding platform.  Murray has reportedly invested in five different early stage companies for undisclosed amounts. Jeff Lynn, CEO and co-founder of Seedrs, said… Read More

February 28, 2016 @ 8:33 pm By Joe Whitwell  |  

In the beginning there was the crash, then came the innovation. The innovators, at least in the fintech space, wanted to disrupt, which was perhaps a euphemism for what they truly wanted to do: destroy. Many had been recently let go from the banks and… Read More

February 27, 2016 @ 9:00 am By Samantha Hurst  |  

Earlier this week, crowdfunding portal Crowdfunder UK offered up some advice to campaign organizers looking to raise funds for political projects. The platform shared: “We’ve already raised over £500,000 for hundreds of political crowdfunding projects. There are a few considerations when fundraising for political projects and we’ve worked… Read More

February 26, 2016 @ 4:42 pm By Samantha Hurst  |  

E-Sign, a UK-based electronic signature service provider has launched its third equity crowdfunding campaign through Crowdcube to raise £75,000. The company provides secure, encrypted document storage facilities for users with a full audit trail and signatory ID validation. The company’s services include: Keep track of progress,… Read More

February 26, 2016 @ 9:25 am By JD Alois  |  

Hibernian FC has roots that go all the way back 1875, is raising capital and it is doing it online. The football club has partnered with ShareIn to allow fans to support the team not only in the stands but by purchasing up to 51% ownership… Read More

February 25, 2016 @ 6:28 am By Erin Hobey  |  

The UK’s first ‘Council Solar Bond’ has been introduced today by P2P investment platform Abundance and Swindon Borough Council. The bond will pay investors a 6% return over a 20-year term paid in cash twice yearly, and those who invest within six weeks of today’s launch… Read More

February 25, 2016 @ 2:06 am By Midori Yoshimura  |  

UK investment for financial technology (FinTech) firms increased by 35 percent to $901M across 72 deals, according to statistics compiled through PitchBook by Innovate Finance, the not-for-profit membership association for global FinTech. The rise in UK investment was led by large funding rounds from Funding… Read More

February 24, 2016 @ 9:49 pm By JD Alois  |  

In a report published today by HM Treasury, in partnership with EY, the UK declared global domination in the world of Fintech. The UK has consistently punched above its weight-class when it has come to financial innovation.  The Brits have benefited from elected officials that… Read More

February 24, 2016 @ 3:16 pm By Samantha Hurst  |  

On Wednesday, UK-based peer-to-peer lender, Wellesley & Co., announced it has appointed former chief risk officer and board director of the Ulster Bank Group, Stephen Bell, as group chief risk officer. In addition to his most recent role as CRO for Ulster Bank, Bell has a wealth… Read More

February 24, 2016 @ 9:03 am By JD Alois  |  

Jake Wombwell-Povey, CEO & co-founder of Goji Holdings – a service provider for P2P platforms offering Innovative Finance ISAs (IFISA), has shared a comment letter submitted to HM Revenue & Customs.  According to the missive, the Financial Conduct Authority (FCA) and HMRC are not quite… Read More

February 23, 2016 @ 12:06 pm By Samantha Hurst  |  

Following eMoov’s highly successful campaign on Crowdcube, CEO and founder of #FundedClub member, Russell Quirk, revealed to the UK-based equity crowdfunding platform more details as to why it decided to go with the funding method. While explaining what inspired him to launch the campaign, Quirk… Read More