Tagged: uk

September 17, 2015 @ 11:52 am By JD Alois  |  

Landbay, a peer to peer lender in the mortgage sector, has voluntarily taken the Bank of England stress test, provided by MIAC Acadametrics, and the results are said to be quite  positive. Landbay states it is the first direct lending platform to go through the… Read More

September 17, 2015 @ 8:34 am By JD Alois  |  

CrowdRating, a new platform servicing the equity crowdfunding industry in the UK, has launched operations to provide potential investors with an advisory service for listings on crowdfunding sites. The new platform, founded by Modwenna Rees-Mogg and Alex Heath, went live this week with 30 different reports…. Read More

September 17, 2015 @ 2:00 am By Erin Hobey  |  

Launched in June, InvestDen, an innovative equity and debt crowdfunding platform operating in the UK, and KPMG, one of the leading global professional services firms, today announced their new alliance to support UK business, particularly KPMG’s support for UK SMEs. “This alliance is important because it provides companies raising… Read More

September 16, 2015 @ 3:06 pm By JD Alois  |  

CrossLend, a young peer to peer lending platform, has launched its direct lending platform in Germany, Spain and the UK.  Originally reported in Lending School, CrossLend was founded by Oliver Schimek, Marie Louise Seelig and Daniel Schlotter last year. The new platform will offer services… Read More

September 16, 2015 @ 10:06 am By JD Alois  |  

  Real estate crowdfunding platform Fundrise is going global.  While not surprising, Fundrise has taken a dramatic step in leveraging existing technology and investment opportunity to provide investor access in Australia, Canada and the United Kingdom. Fundrise is one of the leading online real estate… Read More

September 16, 2015 @ 12:44 am By Midori Yoshimura  |  

For Alquity, a $100m high-growth UK-based asset management company, the road to becoming a $1 billion fund runs through Crowdcube. The company is raising £500k via the crowdfunding platform to support its growth objective of becoming a $1 billion fund by 2019. Funds raised will be used… Read More

September 15, 2015 @ 10:27 am By Erin Hobey  |  

Silicon Valley can’t compete with London in terms of Fintech, says UK Treasury special Fintech envoy Eileen Burbidge: “Wall Street Talent doesn’t come to Silicon Valley.” UK Treasury special Fintech envoy and partner at tech VC Passion Capital, Eileen Burbidge took the stage at Fintech Week and discussed… Read More

September 14, 2015 @ 4:50 pm By Samantha Hurst  |  

Earlier this year, Parking innovator JustPark launched its equity crowdfunding round on Crowdcube and immediately gained not only funding but a ton of attention. JustPark is seeking to lead the disruption of the £50 billion global parking market by allowing its customers to book off-street parking spaces online wherever and… Read More

September 14, 2015 @ 2:55 pm By JD Alois  |  

SyndicateRoom recently introduced a new concept to the equity crowdfunding space. “Lift Rounds” are effectively crowdfunding rounds that have already hit their minimum investment funding target and are now being opened up to new investors as an extension to the offer. SyndicateRoom is a platform… Read More

September 14, 2015 @ 10:21 am By JD Alois  |  

It may be Fashion Week in New York City, but it is FinTech Week in London.  Fashion Week claims an origin from way back in 1943. FinTech Week is a bit younger having been launched just last year and perhaps a bit more important. Created… Read More

September 13, 2015 @ 2:44 pm By JD Alois  |  

Finance Magnates is preparing for its 4th consecutive London Summit to be held in early November.  The event organizers state that over 1500 FinTech and FX executives will convene to discuss the financial industry and the fast pace of change with the advent of internet… Read More

September 12, 2015 @ 12:16 pm By JD Alois  |  

The UK’s Innovate Finance has partnered-up with Hartree Centre to create the FinTech Blockchain lab.  Hartree Centre is a “high performance” computing and data analytics research facility which was founded by the UK government.  Innovate Finance is a not for profit group that was created… Read More

September 11, 2015 @ 1:26 pm By Samantha Hurst  |  

TipsyPud has launched an equity crowdfunding campaign on Crowdcube to raise £85,000 to expand its UK-based pudding company. Started by entrepreneur, Lucy Anderson, the TipsyPud Indulgence Collections are aiming to take the growing £5billion UK gourmet food and gift markets by storm. The company shared: “Deliciously naughty,… Read More

September 10, 2015 @ 3:47 am By Midori Yoshimura  |  

UK financial services company Hargreaves Lansdown is looking to proceed into the peer-to-peer lending space, as part of plans to develop the business following the Retail Distribution Review (RDR), according to Mortgage Strategy. The RDR “is intended to remove the risk of ‘commission bias,’ whereby supposedly independent financial advisers,… Read More

September 10, 2015 @ 1:08 am By Midori Yoshimura  |  

Ablrate, a peer-to-peer lending platform that is among the first to offer investors access to asset-backed loans against aircraft transactions, just announced its first loan in the waste-to-energy section for SEaB Energy Ltd. According to the press release, the new transaction for GBP250,000 gives investors 11% pa returns for… Read More

September 9, 2015 @ 2:18 pm By Samantha Hurst  |  

Just a few weeks into its Crowdcube campaign, the self-dubbed home of arts and crafts, Hochanda, has successfully surpassed its initial £1.9 million thanks to nearly 200 accredited investors. As previously reported, Hochanda, which its name is an acronym for “Home of Crafts Hobbies and Arts,”… Read More

September 9, 2015 @ 11:21 am By JD Alois  |  

Peer to peer lending comparison site 4thWay has shared a data points of the “big 3” direct lenders in the UK.  4thWay notes the platforms are “aligned” as one would expect. All three continue to have “satisfactory to excellent bad debt rates”.  How much you… Read More

September 9, 2015 @ 10:33 am By Samantha Hurst  |  

On Monday, new property crowdfunding firm A Piece of London announced that it has officially launched its platform. A Piece of London will now allow clients to choose a property from its portfolio and invest through their online platform. Operating under FCA guidelines, the platform will manage… Read More

September 8, 2015 @ 4:24 pm By Samantha Hurst  |  

Feel Free, a Selby-based company that specializes in gluten-free treats, has launched an equity crowdfunding campaign on Crowdcube to raise £200,000 for the production of its award-winning donuts. The company, which was founded by Sally and Stuart Allister, shared: “At Feel Free our aim is to disrupt peoples perceptions of… Read More

September 8, 2015 @ 12:40 pm By JD Alois  |  

Victory Park Capital (VCP) has announced a new issuance of common shares to raise another £200 million for VPC Specialty Lending Investments (VSL). The offer price is expected to be £1.00 per C share. The shares presently trade on the LSE. According to the firm,… Read More