Tagged: uk

July 22, 2014 @ 11:29 am By JD Alois  |  

UK based equity crowdfunding platform Crowdcube is claiming a world record with their self-crowdfunding round funding in just 16 minutes.  The Series B round garnered 141 investors with an average investment of £8500 on a post money valuation of £19.5 million.  This funding round on… Read More

July 21, 2014 @ 2:00 pm By Samantha Hurst  |  

He had big dreams of owning his hometown football club, the Doncaster Rovers, unfortunately One Direction bandmate, Louis Tomlinson, might have to let go of the idea of owning the UK-based team, at least for now. Last month, the famous singer and football player for… Read More

July 20, 2014 @ 9:37 pm By Samantha Hurst  |  

Setting out to bring the best and healthiest foods to the online market without being overpriced, FarmDrop has launched a £400,000 equity crowdfunding campaign on Crowdcube to grow its business. FarmDrop is an award-winning online marketplace that allows local food producers to sell direct; a… Read More

July 18, 2014 @ 9:46 am By JD Alois  |  

In the UK, just like the US, consumers pay a ridiculous amount per year financing their credit cards.  The estimated total may top £6 billion per year, an astounding amount but understandable when one grasps the high rate of interest consumers pay today. Now with a… Read More

July 18, 2014 @ 8:53 am By JD Alois  |  

In contrast to a negative outflow during the previous period, net lending to UK businesses took a positive tack this past May.  The annual rate of growth in the stock of lending to SME’s and large businesses remained negative though.  This is from the Bank… Read More

July 17, 2014 @ 11:35 am By JD Alois  |  

Study by LendInvest reveals 80% of consumers are unaware fast-growing industry is now regulated by FCA. According to a report by LendInvest, four in five consumers don’t know peer-to-peer (P2P) finance is regulated by the Financial Conduct Authority (FCA) despite the massive growth of alternative… Read More

July 17, 2014 @ 10:20 am By Samantha Hurst  |  

Smart Crowdfunding LLC has brought mainstream crowdfunding to the younger generation. Their new platform, Crowd-Fund-Kids, launched in July 2014, and will initially be available in four countries: United States, United Kingdom, Ireland and Canada.  However, they plan on expanding their platform into more countries in the near future.  Crowd-Fund-Kids will not… Read More

July 16, 2014 @ 8:34 am By JD Alois  |  

UK based investment crowdfunding platform Crowdcube has released some half year numbers regarding their progress.  The young company shares they have raised £15 million for all of 2014.  That makes approximately £30 million since the site launched in 2011.  Some other data points include: 131… Read More

July 15, 2014 @ 7:26 pm By Barry James  |  

What has been called a “Terrifying Misuse of Legislation” was debated Thursday at the Westminster Crowdfunding Forum where it was unanimously agreed that it’s essential to tackle an over regulation of social media which is threatening both the Crowdfunding industry and the individual liberties of… Read More

July 15, 2014 @ 5:28 pm By Samantha Hurst  |  

Founder and editor of Feminist Times, Charlotte Raven, announced on Monday (July 14) that the UK-based online publication would be closing its doors at the end of this week. This announcement comes just after its crowdfunding efforts fell short. Raven wrote in the website’s blog;… Read More

July 15, 2014 @ 9:56 am By Samantha Hurst  |  

Liverpool set to save St Luke’s “Bombed Out Church” by raising funds on Crowdfunder. Residents of Liverpool have launched a Crowdfunder campaign to protect the future of one of the city’s most famous landmarks and community spaces. The project was created to raise £18,000 to provide a sustainable… Read More

July 14, 2014 @ 6:38 pm By JD Alois  |  

Peer to peer (P2P) lender Ratesetter received another round of good news as CEO Rhydian Lewis announced publicly the British Business Bank will start lending through the Ratesetter platform on July 21st.  The government owned entity was created to make financial markets work more effectively… Read More

July 14, 2014 @ 12:56 pm By JD Alois  |  

Funding Circle UK recently shared they had adjusted their policy on the types of loans and security required to allow the offer.  The peer to peer lender removed the £150,000 threshold for loans without asset security thus allowing their credit team greater flexibility in assessing and… Read More

July 14, 2014 @ 11:43 am By JD Alois  |  

Peer to Peer lending is experiencing dramatic growth in the UK  (and around the world).  While traditional loans have, in some categories, lagged the economic expansion, P2P is booming.  In fact UK businesses have benefited from over a half a billion in funds and consumer P2P… Read More

July 14, 2014 @ 8:07 am By JD Alois  |  

Powered Now Raises Equity on Crowdfunding Platform Crowdcube. Tech start-up Powered Now, a mobile administrative app for tradesmen, has cruised by its equity crowdfunding target of £350,000 after just 12 days and is now overfunding. The additional capital will be used to further market and… Read More

July 13, 2014 @ 5:30 pm By JD Alois  |  

FarmDrop backed by ASOS and Street Car founders. FarmDrop, a new way to buy and sell local and seasonal food is raising capital on equity crowdfunding platform Crowdcube.  The digital farmer’s market has launched a campaign to raise £400,000 representing 17% equity in the company…. Read More

July 12, 2014 @ 9:32 am By Samantha Hurst  |  

Ready to bring an alternative to white rice, UK-based Cauli-Rice launched a Crowdcube crowdfunding campaign to raise £300,000 in equity for its low calorie meal. Cauli-Rice is considered a rice replacement product that has 80% less calories but with the same level of taste and satisfaction… Read More

July 11, 2014 @ 7:44 am By JD Alois  |  

RateSetter risk-rated similar to cash by FE, a provider of investment analysis and research. The growing global peer to peer (P2P) lending industry took another step in the direction of popular acceptance as RateSetter, the UK’s biggest P2P lender by monthly volume, has now become… Read More

July 9, 2014 @ 5:40 pm By Samantha Hurst  |  

UK-based crowdfunding website Newspryng officially launched its platform last week. The new site offers freelance writers a chance to publish their new work, while getting paid for it. Explaining the platform’s main focus, the team of Newspryng stated it “experiments with a new model for… Read More

July 9, 2014 @ 5:09 pm By Samantha Hurst  |  

Ireland-based solar energy group BNRG Renewables has received £730,000 during its crowdfunding campaign on Abundance to refinance two solar farms in Kent, England. According to the campaign’s website, the project funds the two 249kW commercial scale, ground mounted solar arrays, giving a total size of 498kW…. Read More