Tagged: united kingdom

UK Fintech Trade Mission Takes Place this Week in Vienna & Switzerland

  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

Update: Discovery Yacht Group Secures £1.7 Million on Crowdcube; Set to Close Funding Round Early

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

Update: Laundryheap Surpasses £850,000 Funding Target on Seedrs

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

UK Prime Minsiter Theresa May Announces R5-SHCH Connect: New Service Links Chinese Banks With London’s FX Market

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

Crowdcube Reports £95 Million Raised During 2017

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

Overfunding: Discovery Yachts Club Quickly Secures £750,000 Funding Target on Crowdcube

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

P2P Lender Assetz Capital Cautiously Welcomes Sajid Javid’s Proposed Housing Intervention

  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

Cambridge Centre for Alternative Finance Launches Executive Education Program on Alternative Finance

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

UK Fintech Coconut Launches Smart Business Current Accounts For Freelancers & Self-Employees

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

Oval Money Completes Crowdcube Round With 58% Above Target From More Than 1000 Investors

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

Online Takeaway Restaurant Marketplace Appetise Launches Crowdcube Round; Now Seeking £500,000 in Funds

Appetise, a UK-based online takeaway restaurant marketplace, is now seeking £500,000 through its newly launched equity crowdfunding campaign on Crowdcube. Founded in 2008, Appetise is described as a UK-focused online and mobile application takeaway and delivery restaurant marketplace. Takeaways and delivery restaurants contract Appetise to join… Read More

Lavelle Bikes Now Seeking £300,000 Through Seedrs Funding Round

Lavelle, a London-based electric bikes company, is now seeking 300,000 through its equity crowdfunding campaign on Seedrs. Founded in 2016, Lavelle stated it has designed and built a new category of electric bike, both sleek and beautiful in form and packed with “amazing” technology. Each bike… Read More

LendInvest Announces 200 Buy-to-Let National Broker Panel

LendInvest, announced on Tuesday the formation of a national broker panel, comprising more than 200 brokers, packagers, and other deal introducers, following the launch of its buy-to-let (BTL) product in late November 2017. The lender stated: “LendInvest BTL mortgages are only available via intermediaries who… Read More

Overfunding: ZoomDoc Surpasses £500,000 in Funding Through Seedrs Round

UK healthtech ZoomDoc has successfully secured its initial £500,000 funding target through equity crowdfunding platform Seedrs. The company launched the funding round in November and has already attracted more than 275 investors with its 19.99% equity stake. As previously reported, ZoomDoc was founded by practicing NHS… Read More

British Cryptocurrency Electroneum Announces a Success First Month of Its Mobile Mining BETA Trials

On Monday, British cryptocurrency company Electroneum reported a successful first month of its mobile mining BETA trial, giving millions of smartphone users global access to mine their cryptocurrency. The company revealed that its worldwide survey of over 44,000 participants saw 93% of users being young… Read More

Overfunding Hop Stuff Brewery Surpasses £400,000 Funding Target Less Than A Week on Crowdcube

Just two days after launching its second equity crowdfunding campaign on Crowdcube, London-based Hop Stuff Brewery has successfully secured its initial £400,000 funding target from more than 450 investors. As previously reported, Hop Stuff Brewery was founded in 2013 and revealed it is currently on a mission to make… Read More

Why Exports and Alternative Finance Could Hold the Keys to SME Growth

2018 has started strongly. According to the UK Office of National Statistics data, it looks like the UK could be starting to overcome its productivity challenges. Meanwhile, manufacturing output is at its highest level in a decade. And, of course, we’ve seen the global economy… Read More

Overfunding: GoodBox Secures £2.4 Million Through Seedrs Campaign

GoodBox, a tech-company focused on building solutions that connect donors and causes, surpassed its initial £2.4 million funding target through its Seedrs campaign. The funding round was launched in November and attracted more than 575 investors, including tennis star Andy Murray. As previously reported, GoodBox was… Read More

Update: Oval Money Nears £700,000 During the Final Days on Crowdcube

With its Crowdcube campaign set to close this Monday, crowd invest marketplace Oval Money has raised nearly £700,000 and has attracted more than 875 investors through the funding round. The company launched the campaign less than two weeks ago, quickly secured its initial £500,000 funding target… Read More

Hop Stuff Brewery Returns to Crowdcube; Quickly Nears £400,000 Funding Target

Less than five years after securing £58,120 through its first Crowdcube campaign, London-based Hop Stuff Brewery has returned to the equity crowdfunding platform, seeking £400,000. Founded in 2013, the brewery states its on a mission to make craft beer more “approachable” to everyday people. “We focus on social… Read More

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