Tagged: uk

January 19, 2016 @ 10:45 am By Samantha Hurst  |  

On Tuesday, Crowdcube announced that a grand total of 111 tech startup has secured £44.5 million through its equity crowdfunding platform. The Crowdcube team declared in a blog post:   “2015 was a record-breaking year here at Crowdcube as the equity crowdfunding market continued to grow at… Read More

January 19, 2016 @ 5:16 am By Erin Hobey  |  

Cashfloat’s data-modelling scientists have developed an advanced affordability model, designed to generate a clearer picture of the client’s affordability. This enables the Cashfloat team to make decisions about lending, better aligned with the FCA compliance framework. Western Circle Ltd, a London-based lending company trading as Cashfloat.co.uk, confirmed that… Read More

January 18, 2016 @ 12:58 pm By JD Alois  |  

GamCrowd and Clarion Events have announced the participants in the forthcoming Pitch ICE event taking place at ICE Totally Gaming in February. GamCrowd is a crowdfunding platform that focuses specifically on the gaming / gambling industry. GamCrowd shares that 14 new businesses have produced a… Read More

January 18, 2016 @ 12:23 pm By JD Alois  |  

The National Federation of Self-Employed & Small Businesses (FSB) has released a report that indicates a “growing gap in confidence” between businesses in the North and those in the Midlands and the South. The FSB states businesses in the North risk being left behind. This… Read More

January 18, 2016 @ 9:38 am By Samantha Hurst  |  

On Monday, Crowdcube alum and #FundedClub member ioLight announced that it will be demonstrating its Magnificent Mobile Microscope at the Museum of Science and Industry in Manchester on January 21st and 22nd. As previously reported, ioLight took to Crowdcube in September for the microscope and surpassed its initial £150,000… Read More

January 18, 2016 @ 9:19 am By JD Alois  |  

Neyber has launched a new consumer lending program. The announcement comes on the heels of raising £6 million in a Series A funding round. The company raised £2.5 million in seed financing in 2015. Neyber is taking a slightly different approach to credit by offering low-interest… Read More

January 18, 2016 @ 9:00 am By Samantha Hurst  |  

On Monday, Crowdfunder UK announced details about crowdfunding campaign, Bootcamp 2016. The reward-based crowdfunding platform stated that Bootcamp is an intensive three-week campaign, hosted by the Crowdfunder Academy to get new projects into shape throughout January. Each day, industry experts will be on hand to reveal the… Read More

January 15, 2016 @ 3:55 pm By Samantha Hurst  |  

On Friday, affordable housing developer Pocket announced it is extending its second mini bond on Crowdcube, which was launched last month.  As previously reported, Pocket aims to raise the funds as part of it helping even more middle-income Londoners get their foot on the housing ladder.  The launch… Read More

January 15, 2016 @ 10:03 am By JD Alois  |  

The Innovative Finance ISA is a huge opportunity for the peer to peer lending industry.  Yet the introduction of the new ISA also highlights an ongoing issue for P2P platforms: The profound need to inform and educate potential investors and advisors of their services. Sure… Read More

January 14, 2016 @ 2:42 pm By JD Alois  |  

Her Majesty’s Revenue and Customs (HMRC) department, the agency responsible for the collection of taxes, has published its current “position” on the requirement to deduct income tax on interest paid on peer to peer loans. According to HMRC, under existing tax rules in Chapter 3… Read More

January 13, 2016 @ 3:28 pm By Samantha Hurst  |  

Last week, founder and CEO of the Crowdcube/Seedr success POD Point, Erik Fairbairn, sat down with Tech City Insider to discuss the company and the future of e-cars. The media outlet shared that POD Point’s growth has also been fairly rapid. The staff headcount has increased from… Read More

January 12, 2016 @ 4:34 pm By Samantha Hurst  |  

On Tuesday, CEO of LendInvest, Christian Faes, offered up his thoughts about the recent UK Government’s Housebuilding plans announcement. The commercial mortgage platform revealed more details about the plans: “In the 2015 Autumn Statement Chancellor George Osborne declared, ‘We choose to build’ and so at the… Read More

January 12, 2016 @ 11:31 am By JD Alois  |  

Danish startup Capdesk is setting up shop in London.  The new platform is described as a “social shareholder platform” that seeks to improve the interaction between investors and issuers in unlisted companies. Capdesk has gained the backing of well-known business angel Nicolaj Højer Nielsen and the Innovation Fund… Read More

January 11, 2016 @ 4:02 pm By Samantha Hurst  |  

Last week, UK-based The Friday Beer Co. launched an equity crowdfunding campaign on Crowdcube with a mission to raise £150,000 for expansion. The Friday Beer Co., which was founded in 2011 by three research scientists, Gerald Williams, Perry Jackson, and Andrew Keir, produces a range of… Read More

January 11, 2016 @ 11:56 am By Samantha Hurst  |  

This week, UK-based equity crowdfunding platform Crowdcube caught up with its #FundedClub member, Cornerstore to discuss the company’s and progress since launching its initial campaign last July. The Crowdcube team noted: “Having launched their shaving products and online subscription service in June 2014, Cornerstone raised… Read More

January 11, 2016 @ 8:03 am By JD Alois  |  

Research conducted by peer to peer lender ThinCats indicates that one in four investors over 55 will consider leveraging the new Innovative Finance ISA that launches this coming April. This contrasts to 4.5% of investors in this age group that use P2P lending platforms as… Read More

January 11, 2016 @ 7:51 am By JD Alois  |  

Lending Works, a London-based peer to peer lending platform, states it tripled its business in 2015 and expects to double that number over the next 12 months. According to the 2 year old platform, in 2015 the company facilitated £20 million in loans and forecasts… Read More

January 8, 2016 @ 2:11 pm By Samantha Hurst  |  

Seeking to expand its already successful business, Crowdcube success Camden Town Brewery announced this week that it has appointed Ian Jones as Director of Brewing and hiring two new sales reps. The brewing company shared: “Overseeing all this will be our new Director of Brewing, Ian Jones,… Read More

January 8, 2016 @ 9:49 am By Samantha Hurst  |  

Earlier this month, new independent music and arts festival, Samphire, launched a campaign on Crowdfunder UK. Within a matter of days, the project surpassed its initial goal and has been dubbed the fastest ever successfully funded festival on the crowdfunding platform. The event organizers, Flora Blathwayt… Read More

January 8, 2016 @ 8:03 am By JD Alois  |  

LendInvest Predicts it May Top £1 billion before Year’s End. Lendinvest has released that in the first few days of 2016 the platform topped £500 million in commercial property lending. According to the platform, today in the UK approximately 10% of all peer to peer… Read More