Tagged: united kingdom

March 8, 2018 @ 8:50 am By Samantha Hurst  |  

BABB (Bank Account Based Blockchain), an FCA authorized payment institution headquartered in the Level39 fintech accelerator in Canary Wharf, announced on Wednesday it successfully raised its targeted $20 million in a sold-out initial coin offering (ICO) and is now set to open its first regulated blockchain-based bank accounts before… Read More

March 8, 2018 @ 8:00 am By Samantha Hurst  |  

On Wednesday, online lender Funding Circle announced investors lent more than £113 million to over 1,700 UK businesses throughout the month of February. Funding Circle also reported that over the last six months investors have helped more than 10,200 small businesses be able to gain access… Read More

March 8, 2018 @ 7:42 am By Samantha Hurst  |  

UK-based peer-to-peer lender Landbay announced this week it has hit its £100 million in lending milestone. The online lending platform achieved its half-way point in lending this past September and revealed that since then momentum has accelerated to result in near-on double of lending volumes… Read More

March 7, 2018 @ 4:18 pm By Samantha Hurst  |  

Left Handed Giant Brewing, a UK-based brewing company, has successfully secured its initial £450,000 funding target is now nearing £650,000 through its equity crowdfunding campaign on Crowdcube. Launched in 2015, Left Handed Giant Brewing claims to be one of the most highly rated breweries in the UK. “We… Read More

March 6, 2018 @ 1:32 pm By Samantha Hurst  |  

Property Master, a UK-based digital buy-to-let broker, has successfully secured its initial £250,000 funding target through its equity crowdfunding campaign on Seedrs. The initiative has attracted nearly 150 investors since its launch in January. As previously reported, Property Master was founded in 2016 and states that its… Read More

March 6, 2018 @ 11:59 am By Samantha Hurst  |  

eFOLDi, a UK-based scooter brand, is set to close its equity crowdfunding round on Crowdcube with more than £1.1 million in funding. The campaign was launched last month and secured its initial £350,000 funding target. It has also attracted more than 730 investors. As previously reported,… Read More

March 6, 2018 @ 10:30 am By JD Alois  |  

Following its January launch, Blend Network has expanded its senior management team with the appointment of Beauty marketplace founder and former Morgan Stanley Vice President Roxana Mohammadian-Molina. This comes after Blend hired former senior Lloyds banker Charles Lamplugh. Roxana Mohammadian-Molina joins Blend Network after exiting… Read More

March 6, 2018 @ 8:43 am By Samantha Hurst  |  

iwoca, one of Europe’s largest small business lenders, announced on Tuesday it is pledging to lend £100 million to micro and small businesses in the North of England by 2020. The alternative finance provider revealed the pledge is in response to the withdrawal of credit… Read More

March 5, 2018 @ 3:02 pm By Samantha Hurst  |  

Collateral, a UK-based peer to peer lending platform, has reportedly gone into administration after trading without a proper license. According to various reports, a letter was sent to investors from the company’s administrator, named Gordon Craig, that stated the company was operating in the belief that… Read More

March 5, 2018 @ 1:39 pm By Samantha Hurst  |  

Folk2Folk, a peer-to-peer (P2P0 lending platform for local and rural businesses, announced on Monday it has now lent £200 million, providing a valuable source of capital to hundreds of local businesses across the UK. According to the online lending, this milestone demonstrates the strong demand… Read More

March 5, 2018 @ 7:38 am By JD Alois  |  

BondMason, a direct lending service for investors that focuses on peer to peer lending opportunities, has released a note on recent actions in the SIPP space (Self Invested Pension Plans). Stephen Findlay, CEO of BondMason, says that SIPP administrators are right to tread carefully when reviewing… Read More

March 3, 2018 @ 9:16 pm By Samantha Hurst  |  

Just hours after launching its equity crowdfunding campaign on Crowdcube, Northern Monk Brewing Co. has successfully surpassed its initial funding target of £500,000 and is now nearing £800,000 thanks to nearly 1200 investors. Founded in 2013, Northern Monk Brewing Co. was notably started with just £5,000… Read More

March 2, 2018 @ 3:00 pm By Samantha Hurst  |  

No Agent, a UK based online rental marketplace, has successfully secured its initial £400,000 equity crowdfunding target on Seedrs thanks to more than 225 investors. The company launched the funding round last month, seeking the funds to continue the expansion of its platform. As previously reported, No Agent… Read More

March 2, 2018 @ 12:43 pm By JD Alois  |  

As reported earlier today, Mark Carney, the Governor of the Bank of England, delivered a speech today address the rise of cryptocurrencies and the future of money. In Carney’s opinion, cryptocurrencies are “failing as money.” He outlined his opinion why crypto, including Bitcoin, simply does… Read More

March 2, 2018 @ 10:41 am By Samantha Hurst  |  

UK-based equity crowdfunding platform Crowdcube announced this week that during its seventh birthday celebration, it revealed the winners of its 2017 annual awards. As previously reported, the Crowdcube Annual Awards celebrate the best of British Entrepreneurship, showcasing a range of fantastic companies that hail from a… Read More

March 2, 2018 @ 9:43 am By Samantha Hurst  |  

On Friday, London-based FinTech firm Humaniq revealed it is marking the milestone of its mobile app reaching its first 50,000 downloads by unveiling a new, improved version. The company reported: “Humaniq announced a Free Secure Chat & Crypto-Wallet App and a new referral program for its… Read More

March 2, 2018 @ 8:48 am By JD Alois  |  

What is money? In The Wealth of Nations, Adam Smith defines money by the roles it plays in society, in particular, how well it serves as: –  A store of value with which to transfer purchasing power from today to some future time; –  A… Read More

March 1, 2018 @ 9:04 am By Samantha Hurst  |  

Winebuyers, an e-commerce platform that connects vineyards and wine merchants directly to the end consumer, is now seeking £525,000 through its equity crowdfunding campaign on Crowdcube. According to Winebuyers, the platform is customer focused, works on a completely transparent model, it doesn’t mark up prices or charge commission on any… Read More

March 1, 2018 @ 7:57 am By JD Alois  |  

UK based Innovation Foundation Nesta has opened applications for the Open Up Challenge, a £2.5 million prize fund backing next-generation Fintech for small businesses. This is a global competition and Nesta encourages aspiring Fintech companies from around the world to apply. Both start-ups and established… Read More

February 28, 2018 @ 4:11 pm By Samantha Hurst  |  

Anno Distillers, a British distillery, has successfully secured its initial £450,000 funding target on equity crowdfunding platform Seedrs. Founded in 2011, the company states it creates high-quality spirits using innovative and natural ingredients. Its founders, Dr. Andy Reason and Dr. Norman Lewis, both Ph.D. Research and Development… Read More