Tagged: uk

February 26, 2015 @ 8:53 am By JD Alois  |  

The UK government has responded to the Law Commission report on the law on groundless threats to bring proceedings for infringement of Intellectual Property rights including patents. The proposed reforms are intended to ensure the “threats provisions” are clearer for businesses. A spokesperson stated this will make… Read More

February 24, 2015 @ 11:04 am By JD Alois  |  

In a speech delivered by Danny Alexander, Chief Secretary to the Treasury, presented at the Saïd Business School, the government representative declared “that Britain has become a business-creating powerhouse”. Noting that it is not the government that creates jobs, it is the people.  All the government… Read More

February 23, 2015 @ 1:12 pm By JD Alois  |  

LendInvest, a peer to peer or “marketplace” lender that focuses on the commercial and residential mortgage industry, has lowered its investor minimum to a nominal £1000.00.  This is in stark contrast to the £50,000 minimum that was established when the platform launched in 2013.  The… Read More

February 23, 2015 @ 10:57 am By JD Alois  |  

The FCA is delighted to be hosting the 40th Annual Conference of the International Organization of Securities Commissions (IOSCO), taking place on Sunday 14 June 2015 to Thursday 18 June 2015 in London, UK. Network with over 600 senior delegates from the UK and around… Read More

February 23, 2015 @ 7:51 am By JD Alois  |  

According to peer to peer lender Zopa, the number of Britons consolidating credit card debts using long-term loans through Zopa has increased by 57 per cent year on year, while the value of these consolidation loans has increased by 62 per cent in January compared… Read More

February 23, 2015 @ 7:29 am By JD Alois  |  

Worth Capital has launched its next competition: Future Gadget 2015. Worth is seeking to discover the world’s next great gadget by engaging hundreds of entrepreneurs, in need of capital,   to help bring their product to market.  The program is similar in structure to Worth… Read More

February 22, 2015 @ 7:11 pm By JD Alois  |  

AltFi Data has launched the first Index to track the returns available from the UK peer to peer and marketplace lending industry. The Liberum AltFi Returns Index (LARI) is described as accurately tracking peer to peer lending returns using complete loan-by-loan cash flows provided by the major platforms. Currently, the Index… Read More

February 22, 2015 @ 7:01 pm By Erin Hobey  |  

Newly opened Centre for Alternative Finance of University of Cambridge Judge Business School reports European Alternative Finance Benchmarking Survey study results.  The European market could top €7 billion in 2015 The European alternative finance market grew 144% last year to €2,957m The UK is the largest European country for alternative finance,… Read More

February 19, 2015 @ 11:17 am By Erin Hobey  |  

JustPark’s crowdfunding campaign on Crowdcube swiftly overfunded its original £1M goal, raising over £1,408,475 with the help of over 1902 backers. As reported by Crowdfund Insider‘s Samantha Hurst earlier this week, “JustPark is apparently leading the disruption of the £50 billion global parking market by allowing its customers… Read More

February 19, 2015 @ 7:57 am By JD Alois  |  

Funding Circle, a leading peer to peer lender that targets small business loans, has announced a significant commitment by Victory Park Capital to finance up to $420 million in loans to small business originated via Funding Circle in both the UK and US over the… Read More

February 18, 2015 @ 11:31 am By JD Alois  |  

Graham Wellesley, CEO and founder of Wellesley & Co. a UK based peer to peer lender, has announced a new P2P bond targeting ISA accounts.  Wellesley took to the studios of Bloomberg to chat up his platform’s newest investment opportunity.  He explained that by listing… Read More

February 18, 2015 @ 10:08 am By Erin Hobey  |  

Interested in innovation, both in the finance industry and in the broader economy, Robert Wardrop began his career at Procter & Gamble before moving on to the Anschutz Investment Company and later to DAM Capital. The seasoned entrepreneur presently serves as a Non Executive Director at… Read More

February 17, 2015 @ 12:33 pm By JD Alois  |  

Assetz Capital is going to the crowd to finance its young peer to peer lending platform.  Led by CEO and co-founder Stuart Law, Assetz Capital is seeking a raise of £2 million in a convertible offer on Seedrs.  The offer incorporates a 10% discount on… Read More

February 17, 2015 @ 9:30 am By Samantha Hurst  |  

AXA has launched a crowdfunding initiative on CrowdfunderUK to enable local communities to raise money for projects that aim to improve road safety in their area. As the next phase of the insurer’s RoadSafe Schools campaign, which initially launched in 2013, AXA will be providing… Read More

February 17, 2015 @ 8:21 am By JD Alois  |  

UK based Crowdcube has announced  two new hires as part of its strategic expansion of its senior team. According to a report from the crowdfunding platform, Dean Mayer has been appointed as Head of Debt and Stuart Nicol as Growth Director. Dean will develop Crowdcube’s new… Read More

February 16, 2015 @ 4:28 pm By Samantha Hurst  |  

Last month, UK’s Green Party debuted its crowdfunding campaign on Crowdfunder to raise £72,000 for the upcoming general elections. Within only a few weeks, the initiative captured over £74,000 thanks to nearly 3,000 backers. As previously reported, the group launched the campaign to fund standing a… Read More

February 16, 2015 @ 5:00 am By Erin Hobey  |  

Last week Crowdfund Insider published a write up on the regulatory review completed by the Financial Conduct Authority (FCA) in the United Kingdom. At that time Crowdfund Insider quoted the FCA document that summed things up: “We have seen the crowdfunding market continue to grow rapidly. We recognise that it is… Read More

February 15, 2015 @ 8:37 pm By JD Alois  |  

Enclothed, a bespoke shopping service that just closed its equity crowdfunding round on Crowdcube, raised £800,000 from 378 investors following a popular pitch on Dragons Den. The company initially intended on raising £400,000 but investor demand propelled the offer into overfunding boosted by the visit… Read More

February 15, 2015 @ 7:45 pm By JD Alois  |  

Venturefest Yorkshire 2015 is an event for entrepreneurs working in a science, technology, creative or high growth business.  They descend on York Racecourse to find inspiration, business contacts, advice, routes to funding, professional service support and investment. If you are an investor or a business that works with businesses in… Read More

February 10, 2015 @ 10:52 am By Samantha Hurst  |  

Gulf Wealth Management (GWM) is offering the UK public the chance to become founder shareholders in the first digital wealth management e-commerce platform focused on the investment needs of the Gulf Corporation Council (GCC*) namely Saudi Arabia, UAE, Kuwait, Qatar, Bahrain and Oman. GWM launched a… Read More