Tagged: united kingdom

Update: Money Dashboard Attracts 1,000 Investors to Crowdcube Campaign (Infographic)

Money Dashboard, a UK-based firm that has created a personal finance management app, announced on Monday it has attracted 1,000 investors through its equity crowdfunding campaign on Crowdcube. The company launched the initiative earlier this month, seeking £1 million. As previously reported, the app notably… Read More

4thWay Criticizes Competitors: “Comparison Websites Display Wildly Inaccurate Information About Peer-to-Peer Lending”

4thWay, a peer to peer lending comparison platform, is out with a note that cautions users on the utilization of six money comparison websites stating they display “wildly inaccurate information about peer-to-peer lending.” Neil Faulkner, co-founder and managing director of 4thWay, commented on the report; “When… Read More

ThinCats Helps Academy of Contemporary Music Secure £2.4 Million

Peer to peer lender ThinCats has facilitated a £2.4 million loan for the Academy of Contemporary Music (ACM) as part of a growth initiative by the Academy. Founded in 1997 to provide higher education courses for students in the contemporary music and arts arena, ACM… Read More

Update: The Market Mogul Surpasses £400,000 During the Final Week on Crowdcube

The Market Mogul, a self-described millennial media company that publishes unique perspectives on main global events, is set to close its equity crowdfunding campaign on Crowdcube with more than £400,000 in funding. The initiative was launched last month and quickly secured its initial £300,000 funding target within… Read More

Update: nHouse to Close Crowdcube Campaign Once £1 Million Is Reached

Although its equity crowdfunding campaign is set to close at the end of August, modular contemporary company nHouse announced plans to complete the funding round on Crowdcube earlier than expected.  The company, which launched its initiative last month, quickly secured its initial £495,000 funding target and… Read More

Curve Co-Founder Tom Foster-Carter Named COO of Monzo

Tom Foster-Carter, Co-Founder of fintech startup Curve, has joined challenger bank Monzo as its new Chief Operating Officer. Foster-Carter’s departure comes less than a month after the London-based company secured $10 million through its Series A funding round. According to TechCrunch, Curve shared details about Foster-Carter… Read More

Zopa Announces Loan Sale Pricing Update Following Loan Glitch

On Friday, online lender Zopa announced an update on its loan sale pricing. The lending platform reported that it has made some changes to how it works out the value of loans for more accurate pricing. But, due to technical issues, some investors may have paid… Read More

ICONOMI Names Columbus Capital First Asset Management Partner

ICONOMI, the globally licensed and regulated bitcoin exchange, announced on Friday it has named London-based Columbus Capital its first asset management partner. According to the company, Columbus Capital has been selected to main and grow three funds, comprised entirely of blockchain-based assets. The company also revealed the… Read More

Update: BeerBod Surpasses £250,000 Funding Goal Thanks to Nearly 275 Crowdcube Investors

With its latest Crowdcube campaign set to close in less than two weeks, online beer retailer Beerbods has successfully secured its initial £250,000 funding target thanks to nearly 275 investors.  As previously reported, the company launched the initiative as it prepares to expand its online retailing… Read More

Change at Seedrs: Jeff Kelisky Tapped as CEO, Jeff Lynn Moves to Executive Chairman

There has been an executive change at on the leading investment crowdfunding platforms in the UK. Seedrs has announced that Jeff Kelisky, formerly COO at Seedrs, has been promoted as the Chief Executive Officer of the company. Jeff Lynn, co-founder of the company, will step… Read More

Women Entrepreneurs, Crowdfunding, and Access to Capital

Last month PwC and the Crowdfunding Center partnered on a report regarding women and crowdfunding. Referencing data collected by the Crowdfunding Center that analyzed 450,000 rewards based crowdfunding campaigns, the document entitled “Women Unbound: Crowdfunding – Unleashing Female Entrepreneurial Potential,” showed that women-led campaigns reached their… Read More

Okappy Raises £250,000 Crowdfunding on AngelsDen

B2B communications and collaboration platform Okappy has successfully raised £250,000 in a crowdfunding campaign on AngelsDen. The company had sought a minimum raise of £250,000 and a max raise of £500,000 This is the second crowdfunding round for Okappy. The company applies social and market network technology… Read More

Monzo Current Account Preview Now on Android App

Less than one month after announcing it was rolling out current accounts, challenger bank Monzo announced its current account preview is now available on its Android mobile app. The company revealed: “Three weeks ago today, we announced the beginning of the Monzo Current Account Preview, with… Read More

Digital Challenger Bank Tandem to Acquire 100% of Harrods Bank

This is an interesting twist in the digital only challenger bank space, Tandem, one of the leading online banks, announced it will acquire 100% of Harrods Bank.  If the deal is approved by regulators, this will bring £80 million of capital into the combined business…. Read More

UK Bond Network is Leveraged by AIM Listed Defenx to Raise £2 Million

Defenx (AIM:DFX), an AIM listed cyber-security group, is issuing up to £2 million of convertible bonds using alternative finance platform UK Bond Network. UK Bond Network announced it had already arranged for £1.25 million to be underwritten. The bond will be convertible into ordinary shares at… Read More

Black Bee Honey Surpasses £75,000 Funding Target on Crowdcube

British honey brand, Black Bee Honey, has successfully secured its initial £75,000 funding target during its equity crowdfunding round on Crowdcube. The company launched the campaign last month and has so far attracted nearly 200 investors to its business plan. The company, which was launched… Read More

ThinCats Receives Full Authorization By the Financial Conduct Authority

ThinCats, an alternative lending industry leader, announced on Tuesday it has received full authorization by the Financial Conduct Authority (FCA). According to the online lender, the approval highlights its commitment to protecting consumers and also developing the alternative finance industry as a vital source of capital… Read More

Downing Adds New Specialist Energy Investment Manager to Executive Team

London-based investment manager, Downing LLP, has added Sean Moore, previously of Green Investment Bank, to its growth and energy investment team. In his new role, Moore will join the 35-strong investment team at Downing to build deal origination, with an emphasis on both growth and energy… Read More

PitchIt, Part of LendIt Europe, Announces High Profile VC Judges

LendIt Europe, a Fintech and lending conference, and Startupbootcamp FinTech, a leading global Fintech accelerator, have announced the judging panel for the second annual PitchIt Europe competition. The startup competition will take place later this fall in London and applications are being accepted now with… Read More

Ready, Set, Comfort!: Usain Bolt-Backed Shoe Insole Developer Enertor Aims to Raise £750,000 Through Crowdcube Funding Round

Enertor, an insole company that is endorsed and worn by Olympian Usain Bolt, is now seeking £750,000 through equity crowdfunding platform Crowdcube as part of its growth and expansion plans. The company stated that its insole uses pioneering technology to reduce shock and impact injury… Read More