Tagged: uk

Innovation for Growth – UK

Venturefest aims to drive the development of new business opportunities by bringing together Innovators who have exciting new ideas, Investors who want to partner and financially support innovators to commercialise their ideas and Entrepreneurs who can turn ideas and money into new and successful businesses…. Read More

England’s Oldest Commercial Vineyard Raises Capital on CrowdBnk

England’s oldest commercial vineyard, planted in 1952, is using a new form of finance to raise capital.  Hambledon Vineyard, located in Hampshire South Downs, has listed a mini-bond offer on CrowdBnk seeking £2.75 million in new funding.  The “English Fizz Mini Bond” is a 5… Read More

Smart Lenders / Direct Lending Investments Delivers 1st European Dollar Denominated Note Backed by P2P Loans

Luxembourg based Direct Lending Investment, advised by Smart Lenders, has created the first US Dollar denominated security that is backed by peer to peer, or marketplace, funded loans.  As part of the process, Direct Lending Investment is using  Orchard’s analytics technology, according to information received… Read More

UK to Require Banks to Notify Direct Lenders When Business Loans Have Been Rejected

The Small Business, Enterprise and Employment Act (SBEEA) has received “Royal Assent” and will be implemented in 3 stages.  Those with the highest impact will be delivered in the final stage, according to the UK Government.  The implementation schedule may be changed following passage of… Read More

Funding Circle In Talks With Singaporean Fund Temasek To Raise Capital For Expansion

Funding Circle, which claims to be the “world’s leading online marketplace lender exclusively focused on small business,” is in advanced talks with Temasek Holdings, a Singaporean sovereign wealth fund, to sell a stake in itself, according to Sky News. The move is part of a fundraising effort–to… Read More

RateSetter CEO Rhydian Lewis Celebrates Nearly £122M in Q1 Loans & Reflects on “Watershed” Regulation

Regulation has provided the injection the Peer-to-Peer (P2P) industry needed to take off, according to RateSetter CEO, Rhydian Lewis. As the P2P platform celebrates almost £122 million in loans during Q1 and a year as “number one,” RateSetter cites regulation as a crucial turning point for… Read More

Crowd2Fund Receives £10 Million Valuation as Chinese Investors Join Series A

Crowd2Fund, a UK based investment crowdfunding platform that offers a range of funding options, has announced a Series A funding round of £2 million giving the company a “notional market value” of £10 million.  According to the company interest from Chinese investors boosted the valuation… Read More

LendInvest Partners with Plentific Online Real Estate Platform

LendInvest, a peer to peer lender that targets real estate mortgages, has announced a partnership with Plentific, an online property marketplace. LendInvest has facilitated over £269 million in short and medium term mortgage loans to date making it the largest in the world. Plentific was… Read More

Hybrid Air Vehicles Launches Crowdcube Campaign for Airlander 10, ‘World’s Largest Aircraft’

Bigger than a football field, the largest aircraft in the world is a low-carbon, low-noise, low-pollution wonder that soars high. Hybrid Air Vehicles, its manufacturer, is hoping that Airlander 10’s crowdfunding campaign will also reach great heights. On investment crowdfunding platform Crowdcube, London-based Hybrid Air Vehicles on Tuesday launched a… Read More

Report Followup: InvestUP’s James Tuckett Shares his Perspective on Massolution’s Crowdfunding Publication

In a release, InvestUp MD and Co-Founder James Tuckett opined on Massolution’s Crowdfunding Report.  An excerpt follows: It’s not often that we get to write about the only global report on crowdfunding worth talking about. And this one’s doubly special, as we’ve waited for over two… Read More

Brief: Seedrs Tops £10 Million in Investment During Q1

Investment crowdfunding platform Seedrs has shared it has experienced a very successful quarter having captured over £10 million in investment for Q1 while claiming the title of Europe’s most active equity crowdfunding platform. According to co-founder and CEO Jeff Lynn; “We’re proud to have become… Read More

Google Exec Joins Crowdcube. Thor Mitchell Becomes Head of Product for Equity Crowdfunding Platform

Thor Mitchell is leaving Silicon Valley and moving to the UK to join equity crowdfunding platform Crowdcube as Head of Product.  The new position at Crowdcube is described as serving the needs of entrepreneurs and investors thus assuring ongoing innovation and growth. Thor will be immediately… Read More

Aircraft Backed P2P Lender Ablrate Partners with SIPPClub

Ablrate, a niche player in the peer to peer lending space that focuses on Aircraft backed securities, has announced a partnership with SIPPClub that is designed to enable sophisticated investors to invest in Ablrate loans through EvolutionSIPP. Self Invested Personal Pensions (SIPP) will assist the marketplace… Read More

Popular UK Frozen Yogurt Startup Lick Looks to Raise £200,000 on Crowdcube

Seeking to expand its quickly growing (and already popular) business, central Brighton-based frozen yogurt startup, Lick, has hit crowdfunding platform Crowdcube to raise £200,000 and is offering  6.25% in equity. Lick  is all-natural, fat-free and made from 100% yogurt using the special method that its co-founders,… Read More

London’s Camden Town Brewery Gains Over £2M on Crowdcube

With less than two weeks until its equity crowdfunding campaign on Crowdcube comes to an end, London’s Camden Town Brewery has successfully raised over £2 million from close to 1,900 investors. The brewery was established in 2009 when founder Jasper Cuppaidge took over The Horseshoe Pub in… Read More

VPC Specialty Lending Adds Positions in OnDeck, Funding Circle & Others

VPC Speciality Lending Investments (LSE:VSL) has published a brief comment stating they have added investments in several direct lenders including OnDeck Capital, Funding Circle (USA), Upstart Network, Borro and Kreditech.  VPC has also provided a balance sheet loan to Applied Data Finance.  The company acquired… Read More

Funding Circle & Lancashire County Council Partnership Boosts 230 Local Businesses

Peer to peer lender Funding Circle and Lancashire County Council have shared some data points on their partnership to provide capital to local businesses.  According to the pair, Lancashire County Council has directed over £1.5 million to 230 different companies.  The arrangement between the two… Read More

UK Scheme Promoting Alternative Lenders Should Be Off the Ground by 2016

If your small firm is rejected for a bank loan in Britain next year, consider hearing out the bank’s entire response: There are alternatives. A British government scheme that requires banks to refer small firms rejected for loans to alternative finance providers is expected to be underway by… Read More

FCA Publishes Business Plan for Coming Year

The UK Financial Conduct Authority is a relatively new entity having only been formed in 2013, reconstituted from its predecessor the FSA.  The transformation, which saw the responsibilities of the FSA migrated over to three different regulatory bodies, was engendered in part by the financial… Read More

All Street to Provide Research to Crowdfunding Investors

UK based All Street has launched its platform providing research for investors in crowdfunding offers.  The firm has claimed to be there first in the space.  All Street clarifies that all research will be independent and paid by the investors and not commissioned by platforms… Read More

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