Tagged: uk

January 27, 2015 @ 11:36 am By Samantha Hurst  |  

The Green Party has pioneered a new path for British politics by using Crowdfunder to raise money, campaign and bring greater choice to voters in 2015. Over the last three months 64 Green Party parliamentary candidates have used Crowdfunder, gathering the support of over 2,500 backers and… Read More

January 27, 2015 @ 11:33 am By JD Alois  |  

P2P Global Investments plc has announced their C Share funding round was over-subscribed and is now closed. According to a company spokesperson, the issue raised gross proceeds of £250 million via the issue of 25 million C Shares, of which 24,098,657 C Shares will be issued… Read More

January 27, 2015 @ 11:10 am By JD Alois  |  

Peer to peer lender Zopa received a nice shout out at the 2015 Moneyfacts Awards. Zopa received awards for both “Personal Loan Provider of the Year” and “Best Customer Service”. The latter award is particularly nice as the P2P space continues to grow and service… Read More

January 26, 2015 @ 10:12 am By JD Alois  |  

Recently the Financial Conduct Authority (FC) has been reviewing promotional practices of peer to peer lenders in the UK. This event was shared in a recent report from the FT which posed the question will the FCA clamp down on advertising practices utilized by P2P lenders… Read More

January 25, 2015 @ 5:59 pm By JD Alois  |  

Peer to peer lender Zopa has contracted with the C4L network for fast and secure circuit connectivity between Zopa’s Data Centres and headquarters. Zipper’s CEO Matt McGuire, was quoted on the arrangement: “We are very pleased with the service we have received from C4L and the solution they… Read More

January 23, 2015 @ 2:44 pm By Samantha Hurst  |  

Earlier this month, Brighton-based wedding supplies website World of Wedmin (WOW) launched an equity crowdfunding campaign on Seedrs to raise £100,000 to continue its expansion through the UK. According to its campaign, World of Wedmin is an online platform that enables brides and grooms to find and… Read More

January 23, 2015 @ 10:59 am By Erin Hobey  |  

The Good Egg has successfully raised over £216,400 with the help of over 205 investors through its Crowdcube equity crowdfunding campaign, overfunding by 120%. As previously reported by Crowdfund Insider’s Samantha Hurst, The Good Egg which was inspired by Californian deli Wise Sons, has not only drawn the… Read More

January 23, 2015 @ 9:59 am By JD Alois  |  

P2P Global Investments, the first peer to peer lending investment trust to trade on the LSE ever, has stated the C share issue, announced earlier this month, has been increased due to solid demand. P2P Global Investments seeks out investment opportunities in P2P assets.  P2P… Read More

January 23, 2015 @ 8:30 am By Erin Hobey  |  

As many Crowdfund Insiders know, when The University of Cambridge teamed up with EY and launched the European Alternative Finance Benchmarking Survey, the largest study to date on crowdfunding, peer-to-peer lending and other forms of alternative finance in Europe was initiated. This benchmarking survey, which closed on 6 January 2015,  seeks to capture the size,… Read More

January 22, 2015 @ 8:48 am By JD Alois  |  

The Royal Bank of Scotland has struck an arrangement with leading peer to peer lenders Funding Circle and Assetz Capital that should give UK small business a boost.  RBS announced it will now formally refer small business borrowers to P2P lenders.  The strategic shift is… Read More

January 21, 2015 @ 8:56 am By JD Alois  |  

These days it may make sense to keep your money under your mattress as opposed to placing it in a bank savings account. After you get through the miscellaneous fees, a savers rate of return can easily go negative.  At least the mattress won’t charge… Read More

January 21, 2015 @ 8:53 am By Samantha Hurst  |  

Victory Park Capital (VPC), an asset management firm focused on middle market debt and equity investments, announced today that it will invest up to £150 million in loans originated by Assetz Capital under a new five year contract. Assetz Capital is a peer-to-peer lending platform that combines traditional… Read More

January 20, 2015 @ 10:14 am By Therese Torris  |  

  The 28 countries of the European Union are a very long way from offering a homogeneous regulation environment for crowdfunding. This is particularly true of equity crowdfunding which touches on multiple heavily regulated areas of finance such as investment advice, securities trading, retail banking… Read More

January 20, 2015 @ 12:20 am By JD Alois  |  

The UK government has announced the 25,000 loan provided to a small business as part of its Start Up Loan program.  The program provides capital and mentoring for small businesses.  The Start Up Loan initiative was created in 2012 and since that time it has… Read More

January 19, 2015 @ 10:18 am By JD Alois  |  

Exeter based Crowdcube has just boosted its executive bench with the hire of Bill Simmons. The new Chief Financial Officer will be assisting the young company in managing its growth as it looks towards the crowdfunding future. Simmons actually quietly came on board at the tail end… Read More

January 19, 2015 @ 10:02 am By Samantha Hurst  |  

London-based  peer-to-peer lender,Lending Works, is pleased to announce the appointment of Jason Mackay to the fast-growing peer-to-peer lending company’s Board as a Non-Executive Director.  Mackay has extensive experience in global financial markets, having most recently worked as a Managing Director at Morgan Stanley. For seven years, he… Read More

January 19, 2015 @ 9:31 am By JD Alois  |  

Global banking firm HSBC has published its 10th version of the Future of Retirement report. Started in 2005, the annual revisiting of why everyone needs to save more “or else” has become a predictable tome of financial nagging.  The fact that across the globe too… Read More

January 18, 2015 @ 7:30 pm By JD Alois  |  

Trillion Fund, a renewable energy and social investment crowdfunding platform, has pushed into “overfunding” mode on Seedrs. The investment site launched an equity crowdfunding round last year seeking a raise of £500,000.  As of today 246 investors have committed to just over £536,000.  The offer… Read More

January 17, 2015 @ 11:29 am By Samantha Hurst  |  

Earlier this month, London-based Business First Magazine debuted its equity crowdfunding campaign on Crowdcube to raise £75,000 so that it may expand it’s already growing publication. The publish is an established magazine that is seeking to celebrate the “spirit of enterprise” in the same way as U.S.’s… Read More

January 16, 2015 @ 9:15 am By Samantha Hurst  |  

Irish bookmaker, Paddy Power, has teamed with up with David Ginola to launch a crowdfunding campaign through UK platform Crowdfunder called Team Ginola.  The project is seeking £2.3 million to support Ginola’s FIFA presidency bid and will be used to deliver a comprehensive global marketing and communications… Read More