Tagged: united kingdom

October 3, 2018 @ 9:03 am By JD Alois  |  

Funding Circle (LSE:FCH), the leading online lender in the UK providing financing options for SMEs, completed its initial public offering (IPO) on the London Stock Exchange (LSE) this past week. Shares began unconditionally trading today (October 3rd). Originally priced at 440 pence per share, Funding… Read More

October 3, 2018 @ 8:01 am By JD Alois  |  

LendInvest, an online lending platform for property finance, has announced the addition of Chief Financial Officer, Angelie Panteli, to the board of directors. According to LendInvest, Panteli joined the company in January 2018 and is responsible for all financial aspects of the business including financial… Read More

October 2, 2018 @ 2:54 pm By Samantha Hurst  |  

Just days after securing its initial £22 million funding target, BrewDog’s Equity For Punks V campaign has successfully surpassed £23 million with the help from equity crowdfunding platform Crowdcube. BrewDog launched the campaign on the funding portal last month and has since extended the round for another… Read More

October 2, 2018 @ 10:30 am By JD Alois  |  

A note from UK based investment crowdfunding platform Volpit indicates they have been acquired by Zion Capital. Deal terms were not revealed. Volpit was launched in 2014 by Patrick O’Flaherty and Simon Oberman, and received full FCA approval, but struggled to gain traction in the UK… Read More

October 2, 2018 @ 9:10 am By JD Alois  |  

According to CoreData Research, advisers believe MiFID II is a bigger challenging than Brexit. A study by the research firm of nearly 1000 UK financial advisors indicated that 19% deemed MiFID II a challenge followed by Brexit at 15%.  Macroeconomic and geopolitical risks stood at 13%,… Read More

October 2, 2018 @ 7:33 am By JD Alois  |  

VentureFounders has appointed Michael Gray to build their Channel Islands presence. Gray is the founder of MMG Consulting Limited (MMG), a consulting advisory firm, and a non-Executive Director of various companies and private equity groups in Europe, UK and Japan. VentureFounders states that until recently… Read More

October 1, 2018 @ 4:44 pm By Samantha Hurst  |  

Smarterly, a UK-based platform that is seeing to help users save and invest directly from payroll, has successfully secured its initial £600,000 Seedrs equity crowdfunding target and is now nearing £700,000 from more than 250 investors. Founded in 2014, Smarterly stated it aims to turn the UK into… Read More

October 1, 2018 @ 10:59 am By JD Alois  |  

A note today from HM Land Registry indicates the government agency is investigating the use of blockchain for managing lan registration and the overall buying and selling process of property. More specifically, the agency is working with “Methods” a company that utilizes R3’s blockchain Corda…. Read More

October 1, 2018 @ 8:00 am By Samantha Hurst  |  

Digital banking solution goHenry has not only successfully secured its initial £2 million funding target through its latest equity crowdfunding campaign on Crowdcube and is now nearing £4.6 million. The initiative has attracted nearly 1500 investors. As previously reported, goHenry was created by a group of parents that wished to help the… Read More

October 1, 2018 @ 7:33 am By JD Alois  |  

Crowd2Fund is out with a note on platform performance. The UK peer to peer debt platform states that current default levels stand at 1.42% and their best case model APR standing at 8.51%.  The crowdfunding platform says the current worst-case model, which assumes all defaults… Read More

September 28, 2018 @ 10:41 am By Samantha Hurst  |  

Swedish fintech iZettle announced this week it has partnered with the British Fashion Council to bring contactless payments to the London Fashion Week festival. All designer stands were reportedly equipped with iZettle readers, which allows customers to tap and pay for items using contactless and… Read More

September 28, 2018 @ 10:28 am By JD Alois  |  

Funding Circle has set the share offer price at the low end of the range, according to a note published by the company. Previously, Funding Circle had announced it would offer up to 136,039,416 shares at a price between 420 pence to 530 pence per share…. Read More

September 27, 2018 @ 12:34 pm By Samantha Hurst  |  

Just days before its equity crowdfunding round was set to close on Crowdcube,  UK-based BrewDog announced it was expanding the campaign for an additional 18 days. The news comes after the initiative secured its initial 22 million funding target. As previously reported, BrewDog has over 30 bars… Read More

September 27, 2018 @ 8:32 am By JD Alois  |  

UK Peer to Peer Lending Hurdles £1 Billion During 2nd Quarter The UK Peer to Peer Finance Association (P2PFA) has published their second quarter 2018 numbers from member platforms.  According to their data, the peer-to-peer lending industry contributed more than £1 billion to the UK… Read More

September 26, 2018 @ 7:52 am By JD Alois  |  

Investment crowdfunding platform Crowdcube has shared a new milestone: 100 issuers have now raised £1 million or more on their platform. While it is nice to note accomplishments like this, the fact that crowdfunding platforms are listing larger offerings is a natural part of the… Read More

September 25, 2018 @ 1:07 pm By JD Alois  |  

UK challenger bank Tandem has added a new feature to its mainly digital banking platform. Tandem has introduced “intelligent auto-savings rules” to help users set aside their spare change to improve their savings habit.  According to Tandem, savings are swept from their existing current accounts,… Read More

September 25, 2018 @ 12:56 pm By JD Alois  |  

Spotcap has announced that Sophie Peacock has earned the top prize in the Fintech Fellowship award for 2018. The Fellowship awards is a competition where one UK-based masters or MBA student receives an £8,000 scholarship. By supporting aspiring talent, Spotcap seeks to helpfill the Fintech… Read More

September 25, 2018 @ 12:39 pm By Cali Haan  |  

Founders of the New York-based cryptocurrency exchange Gemini are looking at opening a UK office, Financial Times reports. Cameron and Tyler Winklevoss, former Olympic rowers who once sued Mark Zuckerberg claiming he stole the idea for Facebook from them, have reportedly hired local advisors in… Read More

September 25, 2018 @ 12:04 pm By Samantha Hurst  |  

Nebeus, a UK-based fintech platform that is used for the consumption and creation of financial services and products,  has launched an equity crowdfunding campaign on Crowdcube, seeking £1.1 million in funds.  Since beginning to trade in 2017, Nebeus reported it has captured a 50% quarterly year-to-date increase in sales… Read More

September 25, 2018 @ 7:05 am By JD Alois  |  

Downing Crowd, a debt based crowdfunding platform that focuses on the renewable energy sector, has listed a series of solar investments by Populo Energy for projects in East Anglia and Norwich. The offering is for a £6.25 million bond for Populo Energy that will allow… Read More