Tagged: united kingdom

Update: Insurtech Midrive Nears £2 Million Through Crowdcube Funding Round

Midrive, a UK-based insurtech that’s on a mission to reinventing driving and insurance for the digital generation, is now nearing £2 million through its equity crowdfunding campaign on Crowdcube. The campaign was launched last month and successfully secured £1.8 million. So far, the funding round has… Read More

Challenger Bank CivilisedBank Plans to Release Current Banking License to Focus on Technology Platform

CivilisedBank, UK-based challenger business bank with a Local Banker network, announced on Friday it will release its current banking license to give more time to develop its technology platform before reapplying for a new license According to the bank, the PRA and the FCA are… Read More

Assetz Capital Reaches Manual Lending Milestone

On Friday, Assetz Capital announced it has reached a record number of loans available to investors using our Manual Lending Account (MLA), with well over 200 live loans with loan parts available for immediate investment on the secondary market. According to the online lender, the MLA allows hands-on… Read More

Seedrs Success Hiyacar Launches New Equity Crowdfunding Round on Crowdcube

Less than two years after completing its second equity crowdfunding campaign on Seedrs, peer-to-peer car rental platform Hiyacar is now seeking £500,000 on Crowdcube. HiyaCar, formerly known as Ascendia Drive, states it is on a mission to change the way we own and use cars. Its online platform allows car… Read More

Crowd2Fund Reports “Exponential” Growth for IFISA

Crowd2Fund says it is experiencing “exponential growth” in the tax year ending 5 April 2018. Having completed its second full year of operating the Innovative Finance ISA (IFISA), Crowd2Fund says the amount of IFISA funds held on the platform increasing 83% year-on-year by the end… Read More

HSBC Securities Services Among Financial Institutions to Join Fintech Firm FINBOURNE’s LUSID Design Council

FINBOURNE, a London-based fintech platform, announced last week it has launched its LUSID Design Council, which has five financial institutions as members. The institutions include Fidelity International, HSBC Securities Services, and Altana Wealth. Founded in 2016, FINBOURNE describes itself as a technology firm that is… Read More

Update: TeachPitch Announces Second Crowdcube Extension & Launch in Kenya

TeachPitch, a UK-based education technology company, announced on Wednesday it has extended its latest equity crowdfunding for the second time on Crowdcube. The company launched the funding round last month and quickly secured its initial £300,000 funding target and is now nearing £350,000 from more than 200 investors. … Read More

Challenger Bank Monzo Ends Prepaid Beta

UK-based challenger bank Monzo announced on Wednesday it is set to close its Prepaid Beta, which was launched in March 2016 to make sure the bank was “building something” that consumers actually needed. While sharing details about its growth since the Beta’s launch, Monzo stated:… Read More

Overfunding: Talent Matching Platform TalentPool Surpasses £350,000 on Seedrs

TalentPool, a talent matching platform that connects UK SMEs with recent graduates, has surpassed its initial £350,000 funding target from nearly 100 investors on equity crowdfunding platform, Seedrs. As previously reported, TalentPool was founded in 2013 and stated it is on a mission to change the way that… Read More

Dawn of the Token Era: The New Global Network Economy

We are entering the era of the digital token.  Or to put it another way a new kind of frictionless economy based on an a new internet of value. We’re already beyond the point of no-return – the ‘token event horizon’ is already well behind… Read More

Update: Light Switches & Plug Socket Brand Den Surpasses £1.1 Million on Seedrs

Less than a couple of weeks after launching its equity crowdfunding campaign on Seedrs, light switch and plug socket brand, Den, has successfully secured more than £1.1 million thanks to more than 625 investors. As previously reported, Den was founded in 2013 and describes itself as a new… Read More

Update: Stem + Glory Set to Close Crowdcube Round With Nearly £600,000 in Funding

Stem + Glory, a UK-based restaurant chain, is set to close its equity crowdfunding campaign on Crowdcube with nearly £600,000 in funding from more than 680 investors. The campaign was launched last month and quickly raised its initial £350,000. As previously reported, Stem + Glory was… Read More

BondMason Relaunches: Unveils New Website

BondMason, an online savings and investments platform that sources investments from across the peer-to-peer (P2P) market for its clients, announced earlier this week it has relaunched its website. The company reported taken on board feedback from its clients and partners to ensure the new website is easier… Read More

Challenger Bank TSB Announces Plans to Create Lending Marketplace For UK Small Businesses

UK-based challenger bank TSB announced this week it is preparing to launch a new lending marketplace with a mission help small businesses across the UK get the funding their need to continue growth. The bank is partnering with Funding Options to launch the marketplace this… Read More

UK Insurtech Midrive Raises More Than £1.9 Million Through Crowdcube Campaign

Midrive, a UK-based insurtech that’s on a mission to reinventing driving and insurance for the digital generation, has successfully secured more than £1.9 million from nearly 450 investors through its equity crowdfunding campaign on Crowdcube. The funding round was launched last month, seeking £1.8 million. Founded in 2013,… Read More

Landbay Returns to Seedrs & Quickly Raises £1.2 Million in Funding

UK-based peer-to-peer lender Landbay has launched another equity crowdfunding campaign on Seedrs and quickly secured more than £1.2 million in funding. This news comes less than a month after the online lending platform announced it hit its £100 million in lending milestone. Landbay, which was founded in… Read More

Overfunding: onewomanowner’s Crowdcube Campaign Secures 300,000 Funding Target

onewomanowner, a new used car sales website, has successfully secured its initial 300,000 funding target through equity crowdfunding platform Crowdcube. The funding round was launched earlier this month and is nearing 325,000 thanks to more than 100 investors. As previously reported, onewomanowner stated it is aiming to… Read More

Britbots: Second Robotics – Artificial Intelligence Fund on Track to Close Soon

UK based Britbots, a investment platform dedicated to promoting robotics companies, and Sapphire Capital Partners, a specialist manager of tax-efficient funds, has shared that their second British Robotics Seed Fund has attracted substantial investor interest and has been well subscribed. The fund is expected to… Read More

Crowdcube Looks to Double UK Deal Flow with New Partnerships Focused on Backing Startups Outside London

Crowdcube, a leading equity crowdfunding platform, has announced a new initiative to boost deal flow by supporting startups and growth businesses outside London. The goal is to double equity crowdfunding deals in under 5 years by partnering with six supporters of regional SMEs. Luke Lang,… Read More

Trillion Fund: Final Outstanding Loan Has Been Repaid

Trillion Fund, authorised and regulated by the Financial Conduct Authority (FCA), changed its business model in September 2015, deciding that it could no longer offer investments to retail investors in renewable energy projects. The decision was driven in part of the UK Government’s decision to… Read More

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