Tagged: united kingdom

BondMason Comments on SIPP Providers and Peer to Peer Lending Investments

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

Overfunding: Northern Monk Brewing Co. Quickly Surpasses £500,000 Funding Target on Crowdcube

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

Overfunding: Online Rental Marketplace No Agent Surpasses £400,000 Funding Target on Seedrs

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

Investoo CEO David Merry: Bank of England Chief Mark Carney’s Comments on Cryptocurrency & AML are “Confusing”

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

Crowdcube Announces 2017 Annual Award Winners

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

London Fintech Humaniq Launches New Version of Mobile App

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

Governor of Bank of England Mark Carney: Cryptocurrencies are Failing as Money

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

Wine E-Commerce Platform Winebuyers Now Seeking £525,000 on Crowdcube

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

Nesta: Global Open Up Challenge Offers £2.5 Million Prize Fund to Support Fintech for Small Business

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

Overfunding: British Distillery Anno Distillers Quickly Surpasses £450,000 on Seedrs

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

Payments Platform WorldFirst Report: Number of UK SMEs Trading Internationally Declined by Half in 2017 Compared to End of 2016

WorldFirst, a global payments provider, has published their Global Trade Tracker that provides a glimpse of UK SME activity during the quarter. According to their numbers, international trading by UK SMEs declined by almost 50% in comparing Q4 of 2017 to the same quarter in… Read More

Mintos Announces First Loan Originator From the UK Launches on P2P Platform

Mintos, an online marketplace that provides individuals with a simplified way to invest in loans originated by a variety of alternative lending companies around the world, announced on Tuesday it has welcomed its first loan originator from the UK. This news comes less than two… Read More

Virgin Money Set to Launch New Digital Bank

Virgin Money, a financial firm under Virgin that offers savings, mortgages, credit cards, current accounts, currency services, pension, investments, and protection products to customers across the UK, has reportedly spent a total of £38.3 million over the last year to develop its brand new digital… Read More

Crowdcube Celebrates Seventh Birthday (Infographic)

On Tuesday, UK-based equity crowdfunding platform Crowdcube announced it was celebrating its seventh birthday by sharing the major milestones that the funding portal has experienced.Crowdcube describes itself as a leading equity crowdfunding platform for entrepreneurs of startups and growing businesses to connect with potential investors…. Read More

UK Based Property Crowdfunding Platform Propnology Crowdfunds on Dubai based Eureeca

Propnology, a property crowdfunding platform that is based in the UK and has been in operation since 2015, is equity crowdfunding on Dubai-based Eureeca. One of the first FCA approved property investment  platforms, Propnology is seeking £300,000 for a 14% equity stake in the firm…. Read More

UK Based Blockchain Ticketing Company Aventus Systems Hires Veteran Marketing Exec Andrew Ford as CMO

Aventus Systems, a UK based Blockchain ticketing infrastructure company, has  hired Andrew Ford as their Chief Marketing Officer. Ford has a 20-year career in the B2B and B2C technology industry, having held a number of startup board advisory roles and was previously the CMO at… Read More

Mobile Tech Platform Thyngs Set to Close Crowdcube Round With More Than £300,000 in Funding

Thyngs, a UK-based mobile technology platform, is set to close its equity crowdfunding campaign on Crowdcube with more than £300,000 from over 350 investors. The funding round was launched in January, originally seeking £300,000.  Founded in 2016, Thyngs stated it is looking to transform physical… Read More

NatWest to Launch Four Specialist Fintech Accelerators & Announces Plans to Support 5,000 Entrepreneurs Through Network Program

NatWest announced on Monday it is launching four specialist fintech accelerators based in its Bristol, Edinburgh, London and Manchester hubs. According to NatWest, up to 80 fintech businesses will benefit from Dell EMC’s expertise through regular technology reviews and sales strategy analysis. Entrepreneurs will also be… Read More

Update: Poppy’s Picnic Secures £550,000 During the Final Days on Crowdcube

Poppy’s Picnic, a UK-based raw dog food brand, is set to close its equity crowdfunding campaign on Crowdcube with more than £550,000 from nearly 600 investors. The funding round was launched last month and successfully secured its initial £350,000 funding target for its upcoming cat food line…. Read More

Specialist Property Peer-to-Peer Lender CrowdProperty Launches Innovative Finance ISA

Specialist property peer-to-peer lender, CrowdProperty announced on Friday it is launching its Innovative Finance ISA (IFISA). According to CrowdProperty, the tax-free product will be open initially to existing registered lenders who will be able to take advantage of this year’s ISA allowance of up to £20,000… Read More

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