Tagged: united kingdom

Overfunding: British Fruit Chips Brand Spare Fruit Surpasses £300,000 Funding Target on Seedrs

Spare Fruit, a UK-based fruit chip brand, has successfully secured its initial 300,000 funding target on equity crowdfunding platform Seedrs.Founded in 2016, Spare Fruit states it rescues fresh fruit and transforms it into deliciously healthy fruit crisps.  “Our vision is to become the Europe’s leading sustainable… Read More

Mobile Technology Platform Thyngs Now Seeking £300,000 on Crowdcube

Thyngs, a UK-based mobile technology platform, has launched an equity crowdfunding campaign on Crowdcube, seeking £300,000. Founded in 2016, Thyngs is described as a mobile technology that transforms physical objects and locations into smart, connected experiences that are more engaging, rewarding, and memorable. The company noted… Read More

Crowdcube Partners With Small Business UK to Give £5,000 Every Month to a Leading Small Business

Equity crowdfunding platform Crowdcube announced on Tuesday it has formed a partnership with Small Business UK to launch Small Business Grants, which is described as a free-to-enter initiative that offers £5,000 every month to a leading small business. The funding portal noted that the grant does not… Read More

Second Robotics & Artificial Intelligence Fund Launched by Britbots

Britbots has announced the launch of their second British Robotics Seed Fund.  The new fund follows the success of the first fund, which has now been fully invested, leading the seed rounds of six robotics and artificial intelligence (AI) ventures. Britbots says the new fund… Read More

Ryan Feit, CEO of SeedInvest, Updates on 2017 Progress & Crowdcube Partnership

SeedInvest is one of the most selective investment crowdfunding platforms in the US. Launched in 2012 by Ryan Feit and James Han when the JOBS Act of 2012 was signed into law, the two founders most likely had no idea how long it would take… Read More

Wombat Invest Now Seeks £250,000 on Crowdcube to Prepare For Fintech Platform Launch

Wombat Invest, a UK-based fintech platform, has launched an equity crowdfunding campaign on Crowdcube seeking £250,000 in funding. The platform, which is currently set to launch by April 2018, is being designed to allow users to invest in some of the world’s best-known brands for as… Read More

The Regtech Future: Accenture Shares List of Tech Firms Attacking Regulatory Challenges Shortlisted for their FinTech Innovation Lab

Accenture has released their shortlist of Fintech startups that are tackling regulatory challenges with a digital solution. These Regtech firms seek to participated in Accenture’s FinTech Innovation Lab London to participate in a three-month fintech accelerator program running from January 2 – March 22, 2018…. Read More

Huge Year for Seedrs: Crowdfunding Platform Raises £125 Million in 2017 in Record Number of Deals

Seedrs, a UK based crowdfunding platform, has published full year results for 2017.  According to the company, during the year £125 million was invested in 168 different deals – the biggest year since platform launch. Investors came from 58 different countries making more than 46,700… Read More

Online Retailer Rock and Roost Now Seeking £275,000 on Crowdcube

Rock and Roost, a UK-based online retailer, has launched an equity crowdfunding campaign on Crowdcube seeking £275,000. The platform revealed that it provides ‘make to order’ furniture and other homeware to UK customers, plus a SaaS solution to SMEs to drive supply chain efficiencies. It has… Read More

UK Fintech Stater Holdings Announces Plans to Acquire Blockchain Startup Hashcove Limited

On Friday, UK fintech startup Stater Holdings (also known as Stater Blockchain) announced plans to acquire Hashcove Limited,  a UK blockchain-focused tech company co-founded by Kunal Nandwani. According to Stater Blockchain, Hashcove has deep domain expertise in Smart Contracts and KYC and has customized solutions including the Cove… Read More

Monzo Announces 3% Charge on Cash Withdrawals Made From International ATMs After Free 30-Day Allowance of £200

This week UK digital challenger bank Monzo announced it was introducing a 3% charge on cash withdrawals made for international ATMs, after a free 30-day allowance £200. Most debit card issuers charge a fee for off network cash withdrawals but some do not, depending on the country…. Read More

Financial Conduct Authority Appoints Charles Randell as New Chair

HM Treasury appointed Charles Randell CBE as the new Chair of the Financial Conduct Authority (FCA). The appointment commences on April 1st and is for a 5 year term. Randell is currently an external member of the Prudential Regulation Committee of the Bank of England and… Read More

London Insurtech Startup Dinghy Secures $1.2 Million Through Seed Funding Round Led By Balderton Capital

Dinghy, a UK-based insurtech platform specifically for freelancers, has secured $1.2 million during its seed funding round led by Balderton Capital. Founded in 2017 by co-founders Ben Wilks, Robert Hartley, and Edward Woodcock, Dinghy offers fast, 24/7 claim handling along with fair, and flexible insurance service… Read More

The House Crowd Receives FCA Authorization

The House Crowd, a UK property crowdfunding platform, announced on Friday it has received full authorization from the Financial Conduct Authority (FCA). Frazer Fearnhead, founder and CEO of The House Crowd, revealed more details by stating: “We are extremely pleased to announce that after (a very long)… Read More

Overfunding: Honcho Surpasses £650,000 Funding Target on Crowdcube

Honcho, a UK-based reverse-auction marketplace where insurers enter a competitive real-time bidding process to offer the best price to customers, has successfully secured its initial £650,000 funding target from more than 475 investors on equity crowdfunding platform Crowdcube. As previously reported, the platform is aiming to launch… Read More

Online Lender LendInvest Lent £500 Million to Finance c.1800 UK Homes in 2017

Online lending platform LendInvest announced on Thursday it lent £500 million to help professional property investors, developers and landlords buy, build or renovate c.1800 homes in 2017. The online lender revealed that this marks a 33% increase on 2016’s £375 million lending record. LendInvest has now lent… Read More

Downing Crowd Helps Oakman Inns Raise £1.82 Million for Acquisition of Property

Downing Crowd, the crowdfunding platform affiliated with Downing LLP,  is helping Oakman Bedfordshire Holdings raise £1.82 million in relation to the acquisition of the freehold of The White Hart, a pub restaurant property based in Bedfordshire which is leased to Oakman Inns and Restaurants. The… Read More

London Insurtech Urban Jungle Secures £1 Million During Seed Funding Round Led By Rob Devey

Urban Jungle, a London-based insurtech startup that seeks to revamp insurance for young people, announced on Wednesday it raised £1 million during its Seed funding round, which was led by former CEO of Prudential UK and HBOS insurance, Rob Devey with participation from angel investors… Read More

Update: Snaptrip Surpasses £1.4 Million Through Seedrs Funding Round

SnapTrip, a marketplace for people to discover the best last-minute self-catered holiday deals in the UK, has successfully secured more than £1.4 million from 150 investors through its Seedrs funding round. The campaign was launched this past fall, seeking £900,000. As previously reported, SnapTrip was founded in 2014 and currently… Read More

Cheers: UK’s Ascot Brewing Company Seeks £200,000 on Crowdcube

UK-based brewery Ascot Brewing Company has launched an equity crowdfunding campaign on Crowdcube, seeking £200,000. Founded in 2007, the brewery states it focuses on cask ale and local pub trade. Customers include Wetherspoons, Co-op, Budgens, and Waitress as well as new pubs, hotels, and national… Read More

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