Tagged: united kingdom

More Fintech Please: FCA Says Mortgage Industry in Need of Innovation

The Financial Conduct Authority (FCA) has published an interim report on UK mortgage market. According to the FCA, Mortgage debt accounts for over 80% of total UK household liabilities – so this is a significant sector of finance that has a profound impact on individuals. While… Read More

Following Crowdcube Extension, Hiyacar Achieves More Than £1.1 Million

Just days after extending its equity crowdfunding campaign on Crowdcube, peer-to-peer car rental platform Hiyacar has secured more than £1.1 million and is quickly nearing £1.2 million thanks to more than 670 investors. The funding round made its debut last month and quickly secured its initial… Read More

European Investment Fund & German Development Bank KfW Invest in UK Small Businesses Through Securitization of Loans Originated By Funding Circle

On Thursday, Funding Circle announced the European Investment Fund, part of the European Investment Bank Group, and KfW, a German Promotional Bank, are supporting UK small businesses through their investment in a securitization of loans originated by the Funding Circle online lending platform. According to… Read More

Update: East London Liquor Surpasses £1 Million First Week on Crowdcube

Less than one week after launching its equity crowdfunding campaign on Crowdcube, East London Liquor Company has successfully surpassed £1 million from more than 450 investors. The funding round has already gained popularity, with securing its initial £750,000 target within 24 hours. As previously reported,  East London Liquor… Read More

Overfunding: Real Estate Source Platform Infabode Secures £750,000 Funding Target on Seedrs

Real estate source platform, Infabode, has successfully secured its initial £750,000 funding target on equity crowdfunding platform Seedrs from more than 150 investors. Founded in 2013, Infabode reported that it connects its community of users with industry information from the real estate sector on one customizable online platform. Infabode’s… Read More

Australian Fintech Trade Ledger Named Winner of Barclays’ Global Open Innovation Challenge 2018

Aussie fintech startup Trade Ledger announced on Thursday it was named Barclays UK Ventures’ Open Innovation Challenge 2018, which was held in London. The ten finalists of the Challenge were selected by Barclays for their potential to offer “gaming-changing” business solutions across various industries. Speaking… Read More

Crowdbnk Success Cotswold Distillery Launches Crowdcube Funding Round: Now Seeking £2 Million For Long Term Growth

Less than a year after raising more than £1 million through its crowdfunding campaign on Code Investing, formerly Crowdbnk, Cotswolds Distillery has launched a funding round on equity crowdfunding platform Crowdcube. The company is now seeking £2 million for long-term growth. Prior to launching the funding… Read More

Overfunding: East London Liquor Company Quickly Secures £750,000 Funding Target on Crowdcube

Less than 24 hours after launching its equity crowdfunding campaign on Crowdcube, East London Liquor Company secured its initial £750,000 and is now nearing £880,000 thanks to more than 275 investors. The company sought to raise the funds to further drive key growth pillars, including English… Read More

Kuber Ventures Announces Three New Growth Funds to EIS platform

On Tuesday, alternative investment firm Kuber Ventures announced three new growth funds on its EIS platform. The company reported that the addition of the growth funds follows last year’s budget announcement, which doubled the investment limit. It also saw the rules tightened to prevent investment in low-risk… Read More

Crowdcube Posts Record Q1 as 49 Businesses Successfully Funded on Platform

Crowdcube is reporting a record breaking quarter for the first three months of the year· According to the crowdfunding platform, 49 businesses successfully funded with £22.8 million during Q1 – more than any other previous quarter. This includes 20 businesses that funded in March alone –… Read More

East London Liquor Company Looks to Raise £750,000 Through Equity Crowdfunding Round on Crowdcube

East London Liquor Company has launched an equity crowdfunding campaign on Crowdcube, seeking £750,000 to further drive key growth pillars, including English whisky production and domestic sales channels, commencing to global sales opportunities in emerging markets, such as China. East London Liquor Company created by entrepreneur… Read More

Side by Side & Transatlantic: Splash Wines Simultaneously Crowdfunds on SeedInvest & Crowdcube

Splash Wines is a US based direct to consumer wine marketing company. Last month, CI did a write up on the company and its Series A crowdfunding round on SeedInvest. Today, we are noting that Splash Wines is also raising capital on Crowdcube – one of the… Read More

Live Music Aggregation Website GigList Now Seeking Funds Through Seedrs Equity Crowdfunding Round

Giglist, a UK-based aggregation site for the live music industry, is now seeking £120,000 through its equity crowdfunding campaign on Seedrs. Founded in 2017, the company states it combines a database of events, live gig reports, album reviews, news, and interviews onto one platform. GigList revealed it… Read More

Huobi Group Announces European Expansion Plans: Set to Open New London Offers Later This Year

Last week, global blockchain asset financial service provider Huobi Group announced its plans to expand into Europe with new offices in London opening later this year. As previously reported, Huobi Group was founded in 2013 and has become a leading global digital asset financial service provider in… Read More

Virgin Announces Judges Joining Sir Richard Branson For Voom 2018

  On Monday, Virgin Media announced the judges who will be joining Sir Richard Branson for Voom 2018. The judges will decide which entrepreneurs win a share of £1million in prizes after pitching their big ideas live. Virgin reported that Founder of Innocent drinks Richard Reed, serial… Read More

Innovate Finance: Post Brexit Clarity on Immigration Demanded as UK Fintech Sector is Dependent on Global Talent

Innovate Finance has published a report addressing the UK Fintech sector and the need for qualified executives to staff this burgeoning sector of finance. The UK association that represents the Fintech industry states the failure to maintain a flexible immigration policy could hinder the UK and… Read More

Overfunding: Redemption Bar Surpasses £300,000 Equity Crowdfunding Target on Crowdcube

Redemption Bar, a London-based healthy hospitality brand, has successfully secured its initial £300,000 funding target during the final days on equity crowdfunding platform Crowdcube. The company, which launched the funding round earlier this month, sought to raise the funds as it prepares for the opening of its two… Read More

Update: Hiyacar Surpasses £1 Million During the Final Week on Crowdcube

With its equity crowdfunding campaign on Crowdcube set to close next Thursday, peer-to-peer car rental platform Hiyacar has successfully secured more than £1 million thanks to over 500 investors. The funding round was launched less than two years after Hiyacar closed its second campaign on Seedrs…. Read More

Revolut: A Big Win for Early Investors on Crowdfunding Platforms

Revolut revealed its most recent funding round today as it raised $250 million at a valuation of $1.7 billion. In many ways, the success of Revolut is emblematic of the power and potential of investment crowdfunding. Until today’s Series C round, each successive funding round… Read More

Revolut is a Crowdfunded Unicorn. Digital Bank Raises $250 Million at $1.7 Billion Valuation

Revolut has claimed Unicorn status. The UK based digital challenger bank has raised $250 million at a valuation of $1.7 billion making it one of the fastest UK Fintechs to top the billion dollar mark ever. Launched in 2015, Revolut will next expand in the… Read More

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