Tagged: united kingdom

February 7, 2018 @ 2:10 pm By Samantha Hurst  |  

eFOLDi, a UK-based scooter brand, has successfully secured its initial £350,000 equity crowdfunding target just days after the launching the funding round on Crowdcube. Since its debut last week, the initiative has attracted more than £450,000 from 155 investors. The company reported that it raised £104,000  from crowdfunding pre-sales… Read More

February 7, 2018 @ 10:01 am By JD Alois  |  

Peer-to-peer lending platform RateSetter has shared that is Innovative Finance ISA (IFISA) will launch tomorrow (February 8th). RateSetter said the IFISA will initially be available to existing customers, then to new customers on 1 March and to inward transfers from other ISAs in April. The creation of… Read More

February 7, 2018 @ 9:34 am By Samantha Hurst  |  

Wombat Invest, a UK-based fintech platform, has successfully secured its initial £250,000 funding target during the final days on equity crowdfunding platform Crowdcube. The initiative was launched in early January and has attracted more than 425 investors. As previously reported, Wombat’s platform, which is currently scheduled to launch… Read More

February 7, 2018 @ 9:22 am By JD Alois  |  

“This year couldn’t be more different,” Toby Austin, CEO & Co-Founder of Beauhurst The above quote pretty much sums things up. According to the numbers tallied by Beauhurst, 2017 was a gangbuster year for investment into UK high growth firms. Austin adds that; “It’s good… Read More

February 7, 2018 @ 9:22 am By Samantha Hurst  |  

On Wednesday, LendInvest announced it has completed a £16 million financing deal with development finance borrower, Yogo Group. According to the marketplace lender, the deal was completed in three weeks from initial introduction to site purchase. LendInvest reported that the development finance loan will fund the… Read More

February 7, 2018 @ 8:05 am By JD Alois  |  

Innovate Finance is out with report on UK Fintech investment and according to their numbers 2017 was a banner year. The group said VC investment into emerging Fintech firms jumped 153% versus year prior. Approximately $1.8 billion went into 224 deals with the UK ranking… Read More

February 5, 2018 @ 2:57 pm By Samantha Hurst  |  

Poppy’s Picnic, a UK-based raw dog food brand, has successfully secured its initial £350,000 Crowdcube funding target and is now nearing £435,000 thanks to nearly 400 investors. The initiative was launched at the end of January, seeking the funds as it prepares to launch its new cat food… Read More

February 5, 2018 @ 2:02 pm By Samantha Hurst  |  

On Monday, equity crowdfunding platform Seedrs announced its secondary market, which was launched into beta this past summer to shareholders, is now available to all investors who wish to purchase shares in Seedrs Alumni businesses. According to the funding portal, more than 850 share lots… Read More

February 5, 2018 @ 1:26 pm By Samantha Hurst  |  

London based tech start-up iContract has launched an equity crowdfunding campaign on Seedrs and is now seeking £500,000 for its online platform for contractors. Launched in August 2017, iContract stated it is able to leverage these trends and play an important role in this work movement with… Read More

February 5, 2018 @ 7:26 am By JD Alois  |  

UK Challenger bank Tandem has announced a partnership with cognitive banking company Personetics to provide users personalised insights on their spending across all of their bank accounts in one place, as well as warning people about unexpected fees and unusual activity on their accounts. Tandem… Read More

February 5, 2018 @ 7:10 am By JD Alois  |  

  Switzerland and Austria will host their annual UK Fintech Mission. This is the third UK Fintech Mission to Switzerland which, because of its past success, this year encompasses both the Austrian and Swiss markets.  The UK Fintech trade mission will take place in Vienna and… Read More

February 3, 2018 @ 12:42 pm By Samantha Hurst  |  

With its Crowdcube campaign already securing more than £1.7 million in total funding, UK-based Discovery Yacht Group is set to close the equity crowdfunding round sooner than expected. The original deadline for the initiative was at the end of February, but now it has been moved… Read More

February 2, 2018 @ 2:00 pm By Samantha Hurst  |  

LaundryHeap, a UK-based laundry and dry cleaning service with same day collection and delivery within 24 hours, has successfully secured its initial £850,000 funding target on equity crowdfunding platform Seedrs. As previously reported, the company described itself as the “Uber for Laundry.” LaundryHeap is based in London… Read More

February 2, 2018 @ 12:00 pm By Samantha Hurst  |  

On Friday, UK Prime Minister Theresa May announced the launch of R5-SHCH Connect, which is described as a new service that links banks in China with London’s foreign exchange (FX) market. The government official announced the launch while in Shanghai as part of her first… Read More

February 2, 2018 @ 11:53 am By JD Alois  |  

Crowdcube, the UK’s largest equity crowdfunding platform, has reported that during 2017 £95 million was raised for seed through growth phase companies. Quoting numbers from Beauhurst, Crowdcube said it surpassed its nearest competitor by over £10 million. This number tops 2016 when Crowdcube raised approximately… Read More

February 2, 2018 @ 9:18 am By Samantha Hurst  |  

Less than a week after launching its equity crowdfunding campaign on Crowdcube, UK-based Discovery Yachts Group has successfully secured its initial £750,000 funding target and is now nearing £855,000 thanks to more than 125 investors. Formed in 2017, the boating company stated it has created four… Read More

February 1, 2018 @ 8:21 am By Samantha Hurst  |  

  On Wednesday, peer-to-peer lender Assetz Capital announced it cautiously welcomes Sajid Javid’s proposed housing intervention. According to the lending platform, the Secretary of State for Housing, Communities, and Local Government revealed that government will play a more active role in stopping property developers from hoarding land,… Read More

February 1, 2018 @ 4:42 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) has announced the launch of a new executive education program entitled Alternative Finance in Digistised Economy. The immersive program has been created in collaboration with Cambridge Judge Business School Executive Education. CCAF is the leading research entity for… Read More

January 31, 2018 @ 8:58 am By Samantha Hurst  |  

UK-based fintech company Coconut announced on Wednesday the launch of its new smart current account combining banking and accounting services, designed specifically for the UK’s ever-growing freelance and self-employed workforce. According to Coconut, the app-based business current account will prepare customers for HMRC’s ‘Making Tax… Read More

January 31, 2018 @ 8:50 am By Samantha Hurst  |  

Crowd invest marketplace Oval Money recently closed its equity crowdfunding campaign on Crowdcube with a total of £788,340 from 1050 investors. The campaign was launched in mid-January and quickly secured its initial £500,000 funding target. After achieving the funds it needed, the company announced it was closing the campaign… Read More