Tagged: united kingdom

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

Wealthify Announces New Partnership With Starling Bank

UK-based online investment service Wealthify announced on Wednesday it has formed a new partnership with Starling Bank. The company reported its investments will on the challenger bank’s marketplace, which is designed to give users easy access to digital financial services on their mobile devices. Wealthify… Read More

UK Zero-Waste Restaurant Silo Now Seeking Funds on Crowd2Fund to Repurpose Glass Bottles into Glass Porcelain

Silo, a UK-based zero-waste restaurant, is now seeking £10,000 on Crowd2Fund to acquire machinery to repurpose glass from used wine bottles and turn them into fine glass porcelain. The restaurant reported that it needs to purchase a bottle ‘crusher’ and jewelry polish to create fine… Read More

Beauhurst: UK Equity Deals Tank in Q1 but Crowdfunding Remains Bright Spot

Beauhurst is out with their quarterly deal report for UK equity investment activity and according to their data deal numbers fell to their lowest level since Q3 of 2014. Additionally, Q1 delivered the lowest ever percentage of deals under the half a million pound hurdle…. Read More

Five Points Brewing Surpasses £950,000 During the Final Days on Crowdcube

With its equity crowdfunding campaign set on Crowdcube to close later this week, UK-based Five Points Brewing Company has successfully secured more than £950,000 thanks to over 1350 investors. The funding round was launched last month and quickly secured its initial £750,000 funding target. Founded in 2013,… Read More

Ovefunding: We Build Bots Surpasses £500,000 Funding Target on Seedrs

Less than a month after launching its equity crowdfunding campaign on Seedrs, We Build Bots (IntelAgent) has successfully secured its initial £500,000 funding target and is nearing £575,000 thanks to more than 300 investors. Founded in 2016, We Build Bots has built AI-powered ChatBot platforms for customer service… Read More

Funding Circle Opens Innovative Finance ISA to New Investors

Small business lending platform Funding Circle announced last week it has opened its Innovative Finance ISA (IFISA) to new investors. The online lender reports that the Funding Circle ISA now offers a tax-free projected return of 7.2% or 4.8% per year. to quickly build a… Read More

UK Fintech Humaniq Implements Smart bioID System to Further Strengthen Outgoing Transaction Security

UK-based fintech Humaniq announced on Tuesday it has implemented additional bioID settings that will act as an extra safeguard be integrated into Humaniq app, which the company reports has already had more than 100,000 downloads in the Google Play store. Humaniq reported: “Humaniq is seizing the opportunity… Read More

Crowd for Angels Updates Investors Following ICO

Crowd for Angels launched an initial coin offering (ICO) pertaining to a “Liquid Crypto Bond” in March. The token offering closed on March 31st with the  Angel cryptocurrency commencing trading on the GetBTC exchange on April 12th. Investors in the Bond apparently received free Angel… Read More

Finastra’s Blockchain-Based Solution Fusion LenderComm Goes Live

UK fintech Finastra announced on Tuesday its blockchain-based solution, Fusion LenderComm, is now commercially available as an app on R3’s Corda platform for financial institutions operating in the syndicated lending market. The launch was announced at the LSTA Operations Conference in New York. Finastra reported that following a pilot,… Read More

Dr. Liam Fox: Fintech is a Driver of the Future Landscape of Financial Services

Dr. Liam Fox, the UK Secretary of State for International Trade, delivered a speech today outlining how the UK government will support the future of financial and professional services. Fox noted that finance is a very important sector of trade as the UK has a… Read More

Assetz Capital Joins Positive Lending Panel

UK-based peer-to-peer lending platform Assetz Capital announced last week it has joined the panel of mortgage packager specialist Positive Lending. This news comes just days after the online lender reached a record number of loans available to investors using its Manual Lending Account (MLA), with… Read More

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