Tagged: uk

October 24, 2015 @ 9:49 am By JD Alois  |  

Last week Tracey McDermott, Acting Chief Executive at the Financial Conduct Authority, delivered a speech addressing a pressing issue in the world of financial regulation.  It was driven upon the fact that most policy makers create new rules following periods of crisis. This is soon followed… Read More

October 23, 2015 @ 2:15 pm By Samantha Hurst  |  

Last month, the UK-based cross-platform shopping app, Shop n Social, launched an equity crowdfunding campaign on Seedrs to raise £450,000 so that it can continue research and development. Shop n Social, which was founded this year by entrepreneur Ajit Gupta, is described as a “revolutionary new app” that… Read More

October 23, 2015 @ 1:42 pm By Therese Torris  |  

Part II: Seen & Heard at Lendit Europe If you missed attending Lendit Europe, you missed a great event. You can catch up on a selection of presentations on Lendit . For short skimming, we’ve selected a few thought-provoking quotes from day 2. You may also… Read More

October 23, 2015 @ 8:37 am By JD Alois  |  

The Competition and Markets Authority (CMA) has published its anticipated report on the state of retail banking in the UK.  Unlike the US market, the UK banking industry is almost completely served by several very large banks (RBS, Barclays, HSBC, Lloyds & Santander).  These are… Read More

October 22, 2015 @ 2:50 pm By Samantha Hurst  |  

Empiribox, a UK-based educational company, has launched its second equity crowdfunding campaign on Crowdcube to raise 125,000 to continue expansion. The company noted that it not only provides the proper tools to teaching science, but also aims to equip 7-11-year-olds, particularly girls, with an understanding… Read More

October 22, 2015 @ 9:35 am By Samantha Hurst  |  

BorrowMyDoggy, a Southwark-based startup that connects dog owners with local dog lovers across the UK and Ireland for walks, sitting and happy holidays, announced this week that it has received over £1.5M through Crowdfinders, a crowdfunding event that brings investors and companies together for face-to-face pitches. Sharing details about… Read More

October 21, 2015 @ 11:16 am By Samantha Hurst  |  

This week, Platform Black announced it has funded over £100 million in invoices for UK SMEs. The provider of alternative finance has reached this milestone in just three years since the company’s inception, an achievement which highlights the soaring demand from UK businesses for access to… Read More

October 21, 2015 @ 9:24 am By JD Alois  |  

Zopa, the UK’s largest peer to peer lender, has announced the appointment of Nigel Morris as non-executive Board Member. Morris, currently the Managing Partner at QED Investors, is the co-founder of Capital One. QED has invested in well known Fintech companies, including, Credit Karma, Avant Credit,… Read More

October 21, 2015 @ 5:53 am By JD Alois  |  

Chapel Down (EPIC: CDGP) has launched a new equity crowdfunding round on Seedrs to support the expansion of the company’s “fast growing beer and cider business” – Curious Drinks.  The share issue seeks to raise a minimum of £1 million  and is said to qualify for… Read More

October 20, 2015 @ 8:08 pm By JD Alois  |  

The Peer to Peer Finance Association (P2PFA), the trade group that represents P2P lending platforms in the UK, has published data reflecting member loans for Q3 of 2015.  The P2PFA represents over 90% of loan volume in the UK and is highly representative of industry… Read More

October 20, 2015 @ 8:30 am By Georgia Quinn  |  

Thirty-two years after starting her career in London, Nicola Horlick is still often the only woman in the room. Although she notes that is not a lot of progress, it has never fazed her. Nicola, once called London’s Superwoman, attributes her can-do attitude to a… Read More

October 20, 2015 @ 3:43 am By JD Alois  |  

Funding Circle, the leading UK SME marketplace lending platform, has dramatically increased its footprint with the acquisition of Zencap. Funding Circle will now operate in Germany, Spain and the Netherlands. Funding Circle already has a significant operation in the US. Funding Circle representatives state this… Read More

October 19, 2015 @ 4:21 pm By Samantha Hurst  |  

This week, UK-based craft brewery Honest Brew finished its equity crowdfunding campaign on Crowdcube. Originally looking to raise £300,000, the startup managed to capture over £400,000 from nearly 450 backers. Now, Honest Brew’s founder, Andrew Reeve is ready to share his thoughts on using the funding method.  During… Read More

October 19, 2015 @ 1:46 pm By Samantha Hurst  |  

Vulpine, a UK-based cycling clothing brand, has recently launched an equity crowdfunding campaign on Crowdcube with a mission to raise £500,000 for product and international expansion. The company, which was started in 2012 by cyclist Nick Hussey, is hoping to change the way cycling clothing is made:… Read More

October 19, 2015 @ 11:32 am By Samantha Hurst  |  

On Monday, UK-based digital bank, Ffrees, announced that it has appointed former London Capital Group CEO, Kevin Ashby, as a non-executive chairman. According to Finance Magnates, Ffrees, since launching in 2013 by founder and CEO, Alex Letts, has grown to achieve £1 million in revenues with… Read More

October 19, 2015 @ 10:10 am By Samantha Hurst  |  

With less than two weeks until its Crowdcube initiative comes to an end, UK-based craft brewery, BrewDog, has successfully secured over £2.6M thanks to nearly 1,500 investors.  Originally started out in the back of a van by two guys and dog, BrewDog is now recognized globally… Read More

October 19, 2015 @ 7:05 am By JD Alois  |  

Madiston LendLoanInvest is entering the Lithuanian market having partnered with Finbee on a joint venture to offer peer to peer lending services.  Madison has provided Finbee with its lending software and has become a shareholder in the company. This is the second P2P lender to… Read More

October 19, 2015 @ 5:51 am By JD Alois  |  

Virgin Money has partnered-up with World First in a push to “positively disrupt the international payments industry.  Virgin Money has positioned itself as the anti-bank. It presently provides savings, mortgages, credit cards, current accounts, pensions, investment and protection products using the philosophy of offering good… Read More

October 17, 2015 @ 11:00 am By Midori Yoshimura  |  

Abundance – an ethical P2P investment platform – today launches the UK’s first peer-to-peer investment SIPP, the Abundance Pension, to address current concerns stopping more people from saving adequately towards their retirement, according to the company’s press release. Independent research conducted for Abundance by OnePoll has revealed… Read More

October 16, 2015 @ 4:01 pm By Samantha Hurst  |  

Dodd’s Gin Limited, a brand that was created by The London Distillery, recently announced the launch of its self-running investment campaign and pop-up investment shop to continue its expansion. Dodd’s Gin is produced in small batches of spirits using organic botanicals. It is a tribute to Ralph Dodd,… Read More