Tagged: uk

October 3, 2015 @ 1:00 pm By JD Alois  |  

Financial services technology company Fiserv has published research on the UK alternative finance market that indicates new finance will top £10 billion by 2020. According to the report, UK SMEs will benefit dramatically from the growth of peer to peer lending and crowdfunding over the… Read More

October 3, 2015 @ 10:00 am By JD Alois  |  

Propnology, having recently received  authorisation from the Financial Conduct Authority (FCA), has launched a new property investing crowdfunding platform in the UK. According to information provided byPropnology, the new site will “change the future of property investment by removing the barriers to entry, traditionally associated with… Read More

October 2, 2015 @ 6:07 pm By JD Alois  |  

List71, based in Singapore, has put a new spin on the crowdfunding space.  According to the site description, List71 is “beyond debt and equity”.  Investors sign up to receive a portion the company’s revenue for a period of time instead of purchasing direct ownership.  Company… Read More

October 2, 2015 @ 9:31 am By JD Alois  |  

Online lending platform ArchOver recently chatted up Andy Bishop, Head of Business Development for SME Lending at Lloyds Bank.  For perspective sake, Lloyds Bank has been in business since about 1765 (the Yanks were just a mere colony back then). ArchOver, a lending platform that… Read More

October 1, 2015 @ 8:38 pm By JD Alois  |  

UK’s largest “sharing economy” company JustPark (over 750,000 registered users) has published some data that targets the nascent sector that has been defined by the likes of AirBnB.  JustPark raised a stellar £3.7 million earlier this year in an equity crowdfunding round. The company has… Read More

October 1, 2015 @ 8:37 am By Samantha Hurst  |  

Ben Piette, a finalist of the hit television show, MasterChef, has launched a funding initiative on Funding Tree to raise £40,000 for his soon-to-be relocated eatery, London House. Piette and his business partner Lornette Valentine created London House from the ground up and currently has eight… Read More

October 1, 2015 @ 8:27 am By JD Alois  |  

eMoov, crowdfunding on Crowdcube, has jumped to over £2.282 million as two venture capital groups increased their investment in the online estate agent firm.  Both Episode 1 Ventures and Maxfield Capital Partners have added to their original commitments.  Swiss VC firm Startive Ventures has also… Read More

September 30, 2015 @ 10:21 pm By JD Alois  |  

Online lending is undergoing a bit of an introspective period.  The US Department of Treasury published a request for information which posed multiple questions to industry participants and interested observers.  The UK P2PFA took the opportunity to share their point of view from across the… Read More

September 29, 2015 @ 11:28 pm By Midori Yoshimura  |  

Normally, the larger the bug (or worse, spider) that frisks across my path, the stronger my tendency to cringe. But a little–actually, a lot–closer, and aspects of that skittering speck become almost beautiful: a lace wing, a multifaceted eye. ioLight, maker of a high-resolution portable microscope… Read More

September 29, 2015 @ 11:10 am By Erin Hobey  |  

Thomson Reuters will begin tracking crowdfunding data on its Eikon desktop, as new research projects explosive growth in the UK’s alternative finance market.  Thomson Reuters partnered with Crowdnetic, a provider of real-time data and research to the global marketplace-lending and crowdfunded-startup industries for the new… Read More

September 28, 2015 @ 9:17 am By JD Alois  |  

Landbay has announced a new hire in Paul Clampin appointed as Chief Lending Officer. Clampin joins the peer to peer lending platform from Paragon Group and is said to have over 30 years of industry experience. While at Paragon, Clampin was Director of Mortgage Underwriting. Landbay states… Read More

September 27, 2015 @ 6:10 pm By JD Alois  |  

EMOOV raised more than £2 million in early 2015.  The online estate agency caught the eye, and support, of Simon Murdoch’s VC firm Episode 1.  In late 2013 former Dragon James Caan signed on as an investor. Now as the offer on Crowdcube comes to… Read More

September 25, 2015 @ 2:24 pm By JD Alois  |  

Writing for the EveningStandard, Anthony Hilton states there are rumblings that a UK peer to peer lending firm may soon go under.  Hilton calls the alleged event a possible “crash” and a “mess”. While Hilton poses his statement as a question, it is certainly a… Read More

September 25, 2015 @ 10:22 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, has launched an equity crowdfunding campaign on Crowdcube to raise £575,000 to expand its services. The company, which was founded by dog lover Rikke Rosenlund, shared that through… Read More

September 25, 2015 @ 8:30 am By JD Alois  |  

Veridu, a user verification service, has signed on Durise as its newest customer.  Durise is a new real estate crowdfunding platform based in Dubai, that targets opportunities across the Middle East. Durise, enables many individuals to purchase a small percentage of a property thus making… Read More

September 24, 2015 @ 1:00 am By Midori Yoshimura  |  

Equity crowdfunding platforms are “crowding out” banks, venture capitalists and business angels in the UK, suggests a new paper published by researchers from the University of St Andrews and the University of Stirling. St. Andrews explains that UK startups are “embracing the £146 million Crowdcube economy.” Crowdcube may be… Read More

September 23, 2015 @ 11:36 am By JD Alois  |  

Peer to peer lending platform Zopa has just updated Crowdfund Insider about their platform growth. According to Zopa, September is shaping up to be a stellar month. The P2P lender expects to top £60 million in loan originations beating all prior months.  Zopa is the first… Read More

September 23, 2015 @ 8:05 am By JD Alois  |  

RateSetter has turned a profit for the second year in a row. The peer to peer lending platform states it is the “only major player in the sector to be profitable”.  According to the company, 2014-2015 results show a profit of £618,000.  Revenues more than… Read More

September 22, 2015 @ 1:12 am By Midori Yoshimura  |  

Former UK head of Google, Dan Cobley, sees a unicorn–a $1.5 billion-turnover success story–in his co-founded startup SalaryFinance, for which he left Google last year. According to Business Insider, Cobley said that SalaryFinance would “be talked about in some of the same sentences as unicorn businesses over… Read More

September 18, 2015 @ 12:01 pm By JD Alois  |  

Julia Groves, Chair of the UKCFA, has stepped aside as CEO of Trillion Fund handing over leadership to current COO and Buzzbnk co-founder Theresa Burton. The change in management was assigned to the challenges in UK government policy which has “made the landscape for future… Read More