Tagged: uk

November 30, 2015 @ 7:27 am By JD Alois  |  

LendInvest, a peer to peer mortgage lender, states it has helped to add over 1200 properties to the UK housing stock since the beginning of 2015.  This is almost double the figure year prior.  LendInvest is now the 4th largest P2P lender in the UK…. Read More

November 30, 2015 @ 6:48 am By JD Alois  |  

Anthony Jenkins, is a former CEO of Barclay’s Group having managed the global firm from 2012 to 2015. He was sacked by John “Mack the Knife” McFarlane in the summer of 2015. Jenkins had set out to tackle a “culture of self-enrichment” and to refocus… Read More

November 29, 2015 @ 3:57 pm By JD Alois  |  

Dan Cobley, a former Googler and CEO of Brightbridge Ventures, was chatting up his newest venture last week, SalaryFinance. The company that seeks to provide a credit vehicle that companies can offer to employees to refinance debt such as credit cards.  Because the employer knows… Read More

November 28, 2015 @ 5:00 pm By JD Alois  |  

As revealed in a tweet by Abundance, the renewable energy platform has raised £1 million in just 24 hours for on offer. A first for the crowdfunding site.   And it’s done! First project to reach £1m in its first 24 hours. As always, thanks to… Read More

November 27, 2015 @ 4:00 pm By Samantha Hurst  |  

The Clubhouse, one of London’s business clubs, lounge and meeting spaces, has recently launched an equity crowdfunding initiative on Seedrs to raise £750,000 for location expansions.  With two locations in Mayfair, The Clubhouse is planning to open a network of Clubhouses across London and at the same… Read More

November 27, 2015 @ 10:50 am By Samantha Hurst  |  

Openplay, a service that brings sports to users’ doorstep, has recently launched an equity crowdfunding campaign on Crowdcube to raise £150,000. Within the first 24 hours, the project successfully secured over 50% of its initial goal The company is described as a website with an average 80,000 monthly visitors… Read More

November 27, 2015 @ 9:17 am By JD Alois  |  

The UK Government has published its response to the Enterprise Bill that was created to establish, as a new public body, a Small Business Commissioner.  The new position was described as including the functions of providing general advice and information to small businesses, and considering… Read More

November 26, 2015 @ 9:42 am By JD Alois  |  

The Peer to Peer Finance Association (P2PFA) in the UK has consistently advocated for a separate ISA only for P2P assets.  While recognition has grown that alternative assets should be allowed into retirement accounts, the P2PFA believes it is prudent to separate debt from equity…. Read More

November 26, 2015 @ 8:43 am By Conrad Ford  |  

Overdrafts have been small businesses’ go-to source of working capital for years now — a dependable way to cover short-term cash flow issues and ride out periods of instability. But since 2011, the banks have reduced or removed business overdrafts at a rate of £5… Read More

November 25, 2015 @ 2:04 pm By Samantha Hurst  |  

Following today’s Autumn Statement from Chancellor George Osborne, in which he  addressed the government’s success and pinpointing areas for economic improvement, Assetz Capital, one of the UK’s fastest growing peer-to-peer alternative finance platforms, revealed it is set to launch an innovative finance ISA account.  Stuart Law,… Read More

November 25, 2015 @ 10:46 am By JD Alois  |  

Chancellor of the Exchequer George Osborne gave a rousing speech highlighting the government’s success and pinpointing areas for economic improvement today in his annual trip to Parliament. The Autumn Statement delivered by Osborne can certainly be viewed as a success once you compare the UK economy… Read More

November 24, 2015 @ 1:42 pm By Samantha Hurst  |  

Cru Kafe, a UK-based organic coffee company, recently launched an equity crowdfunding campaign on Seedrs to raise £300,000 so that it can continue the expansion of its growing brand. The company, which was founded by John Quilter, Bodil Blain, and Colin Pyle, stated that its mission… Read More

November 24, 2015 @ 12:02 pm By JD Alois  |  

The  future of banking is almost here and Atom Bank, a digital only platform, has just received a solid £45 million investment from BBVA. The capital injection will give BBVA a 29.5% ownership stake in Atom. According to Atom, this completes the company’s £85 million… Read More

November 23, 2015 @ 7:35 am By JD Alois  |  

Fast growing peer to peer lender Landbay has announced a new partnership with My Home Move. Landbay was said to be pleased to have found a conveyancing partner who shares their same vision of using technology to disrupt the incumbent mortgage market. My Home Move… Read More

November 20, 2015 @ 3:54 pm By JD Alois  |  

GamCrowd, a crowdfunding / crowdsourcing platform targeting the gaming industry and partner Clarion have announced they will once again work together on the Pitch ICE event that takes place this coming February. The duo are inviting gaming / gambling startups to enter the competition during… Read More

November 20, 2015 @ 12:46 pm By JD Alois  |  

Equity crowdfunding and its success will eventually be measured based off the returns generate for the investors. In the US ,equity crowdfunding is still in its infancy with only accredited crowdfunding having gained some minor traction. In the UK, which boasts a more enlightened regulatory… Read More

November 20, 2015 @ 9:46 am By JD Alois  |  

Peer to peer lending platform RateSetter has topped £1 million in SIPP investments, this is a according to information provided by the company representatives.  RateSetter launched its pension offering this past April and is nearing £1.5 million in assets under management. RateSetter has formed partnerships… Read More

November 20, 2015 @ 8:21 am By JD Alois  |  

Crowdsourcing Week (CSW) has launched its initiative to raise additional capital on Crowdcube. The event organizer and consulting group is seeking to raise £80,000 to expand the company’s events and launch new products including integrated e-learning and consulting that will be accessible to a wider global… Read More

November 18, 2015 @ 3:06 pm By Samantha Hurst  |  

England wine producer, Chapel Down (EPIC: CDGP), announced on Wednesday that its beer and cider business, Curious Drinks Limited (“Curious Drinks”), has raised more than £1m through a placing and a crowdfunding campaign with Seedrs, one of the world’s leading equity crowdfunding platforms, surpassing its target… Read More

November 17, 2015 @ 1:43 pm By Samantha Hurst  |  

Last week, UK-based artisan produce market, Sourced Market, launched a Crowdcube bond to offer customers, foodies, provenance pioneers and financial gurus the opportunity to become a part of the future of this exciting and fast-growing business. The company is aiming to raise at least £750,000 through the equity… Read More