Tagged: uk

August 10, 2015 @ 10:00 am By Samantha Hurst  |  

With less than a week until its Crowdcube campaign comes to an end, it looks as though UK’s Wildcat isn’t going to reach its £1.5 million dollars goal. As previously reported, Wildcat took to the equity crowdfunding platform last month to raise the funds for… Read More

August 10, 2015 @ 8:25 am By JD Alois  |  

Senta, a cloud based application that aids accounting firms, quickly topped its  £75,000 funding target in just 5 days on Seedrs. The offer now stands at over £109,000 and about 16% equity.  Senta has a pre-money valuation of £574,950. The Senta product is a new service that… Read More

August 10, 2015 @ 12:23 am By Midori Yoshimura  |  

  In the UK, more than 100 peer-to-peer lenders have applied for full authorization from the Financial Conduct Authority (FCA), which took over regulation of P2P last year, notes the Financial Times. Nearly 180 companies have interim permission to operate, according to figures obtained from the FCA… Read More

August 7, 2015 @ 2:39 pm By Samantha Hurst  |  

Seeking to expand its brand, fitness training company Fitmibody has launched an equity crowdfunding campaign on Crowdcube to raise £75,000 for its upcoming East London studio. Fitmibody is a personal training and fitness company that provides training services and outdoor fitness classes in London. Its mission… Read More

August 7, 2015 @ 8:50 am By JD Alois  |  

Young buy-to-let lender Elevate Capital is using Profile Software‘s peer-to-peer lending solution. Profile has created FMS.Next, an online banking solution, that can power P2P lending platforms. Elevate launched in early 2015 and has been slowly ramping operations. According to a statement provided by Profile, “Elevate,… Read More

August 7, 2015 @ 8:00 am By Giles Andrews  |  

This is a question I get asked a lot. And the usual line of thinking of those asking the question is that it does matter.  The common assumption is that the increased activity of “institutional” funds is crowding out the core retail investors that platforms… Read More

August 6, 2015 @ 9:39 am By JD Alois  |  

UK based AltFi will host its second annual AltFi Global Summit for the US institutional investor audience this coming November in New York City. AltFi held its inaugural event in the US last year with solid participation from across the ranks of disruptive finance.  According to… Read More

August 5, 2015 @ 10:07 pm By JD Alois  |  

The Financial Conduct Authority (FCA) has announced that Megan Butler will be joining the FC to take the role of Director of Supervision – Investment, Wholesale and Specialists. Megan is currently Executive Director of International Banks Directorate at the PRA. Megan starts on the 1 September and… Read More

August 5, 2015 @ 2:26 am By Midori Yoshimura  |  

  London-based Stockflare has become the first fintech startup to gain an investment pledge from the London Co-Investment Fund (LCIF), supported by the London Mayor’s office, as it raises seed capital on Crowdcube. The company, which makes it easier for private investors to pick stocks that are right… Read More

August 5, 2015 @ 1:33 am By Midori Yoshimura  |  

  Recently, the first back-to-school ads popped up on my music streaming service, accompanied by the scent of the school year–anticipation of the new. I paused, remembered what it felt like to use an eraser and be dropped off at the curb daily, then kept writing. A computer… Read More

August 3, 2015 @ 1:25 pm By JD Alois  |  

The United Kingdom has been very vocal, and aggressive, in courting financial firms and FinTech startups. Chancellor of the Exchequer George Osborne wants the UK to be the world leader in developing innovative FinTech firms.  Osborne enjoys a partnership with his objective in Prime Minister… Read More

July 31, 2015 @ 2:39 pm By Samantha Hurst  |  

Nearly two weeks after the close of the Crystal Maze Indiegogo campaign, the game’s former host Richard O’Brien announced he will officially be returning to the set of the popular UK show. The Crystal Maze campaign kicked off on the platform this past June and… Read More

July 31, 2015 @ 10:00 am By JD Alois  |  

The Financial Conduct Authority (FCA) has announced the appointment of Christopher Woolard to its Board.  Woolard is currently the Director of Strategy and Competition at the regulatory entity.  Woolard has been a member of the FCA executive committee since the FCA was created from the… Read More

July 30, 2015 @ 12:24 pm By Erin Hobey  |  

UK Prime Minister David Cameron has backed the UK FinTech 2020 manifesto created by FinTech trade body Innovate Finance, according to a release. The manifesto, which was released as Cameron leads a trade delegation of British FinTech leaders to South East Asia this week, aims… Read More

July 30, 2015 @ 11:52 am By Erin Hobey  |  

This week Crowdfund Insider featured Chris Tyrell’s post “Crowdfunding is Impacting the Global Economy” and Rodrigo Niño’s post “Crowdfunding: From Impossible, to Improbable to Inevitable in less than 10 years,” James Tuckett, CEO of investUP adds to this exciting conversation below as he shares his insights in a release regarding… Read More

July 30, 2015 @ 8:13 am By JD Alois  |  

Crowdcube, UKs largest equity crowdfunding platform by total capital raised, has received £6 million in a funding round to further boost growth.  The funding was led by Numis, a stockbrokerage firm, Tim Draper / Draper Esprit and existing investor Balderton Capital.  The announcement of new… Read More

July 29, 2015 @ 4:29 pm By Samantha Hurst  |  

London-based Natural Weight Loss Company recently launched an equity crowdfunding campaign on Crowdcube to raise £55,000 to fight against obesity with a new milkshake, MaxMeal. The company, which was created by nutritionist Max Tomlinson and his wife Filipa Tomlinson, shared: “Obesity is a global problem costing $2 trillion, and… Read More

July 29, 2015 @ 2:45 pm By Samantha Hurst  |  

Equity crowdfunding platform Seedrs revealed this week that it has raised £10 million during a Series A round led by Woodford Patient Capital Trust plc (WPCT) and Augmentum Capital. The funds will reportedly be used to launch into the U.S. market. According to TechCrunch, the platform previously captured $7.2… Read More

July 29, 2015 @ 12:00 pm By Samantha Hurst  |  

His recent “Greece Bailout” Indiegogo campaigns quickly gained attention worldwide, but while both his campaigns were not as successful as he hoped, Thom Feeney believes that his projects (along with others) do not require a large campaign team. According to GrowthBusiness, Feeney stated while speaking… Read More

July 29, 2015 @ 6:39 am By JD Alois  |  

Funding Options and Finpoint, both GLI Finance portfolio companies, have been shortlisted for the British Business Bank referral program.  Established under the Small Business Enterprise and Employment Act, the program requires traditional banks to refer any SME whose loan has been rejected to an alternative… Read More