Tagged: united kingdom

Autumn Budget 2017: Feedback from Alternative Finance

Many people are still sorting through the various proposals announced by Chancellor of the Exchequer Philip Hammond during the Autumn Budget statement from the past week. Parsing through the nuances of the many policy pronouncements is an annual affair. So what is in the Budget… Read More

London-Based Startup Bond Launches £3.75 Million Blockchain-Based Digital Equity Offering

Bond, a brainchild of a group of London-based business and cryptocurrency aficionados, announced on Friday the launch of its £3.75 million blockchain-based digital equity offering in a convention asset fund. The offer is now available to accredited investors worldwide and gives investors the opportunity to purchase securities, known… Read More

Short-Term P2P lender Welendus Now Seeking 150,000 on Seedrs

Short-term peer-to-peer lending platform Welendus has launched a new equity crowdfunding campaign on Seedrs. The online lender is now seeking £150,000 as it prepares to expand. This campaign launch comes less than a year after Welendus raised £117,580 on Seedrs.  Welendus, which was founded in 2015, aims to re-define… Read More

Overfunding: Grind & Co. Quickly Secures £750,000 Through Second Equity Crowdfunding Campaign on Crowdcube

Just a little over two years after securing nearly £1.3 million through its equity crowdfunding campaign on Crowdcube, UK coffee and cocktail shop, Grind, has returned to the funding portal and not only raised its initial funding target of £750,000, but it has also surpassed… Read More

RateSetter Appoints Richard Steele Regional Manager of Midlands

UK-based peer-to-peer lending platform RateSetter announced on Friday it has appointed Richard Steele as its regional manager for the Midlands. According to the online lender, Steele has more than 15 years of business lending experience and prior to joining RateSetter, he held the relationship manager… Read More

Property Partner Nears £100 Million in Assets Under Management, Provides Cash back Offer to Top Funding Milestone

Property Partner, a UK based property crowdfunding platform, is nearing £100 million in assets under management (AUM). To help hurdle past this milestone,  Property Partner is offering a 2% cash back offer on two listed properties. If you invest a minimum of £20,000 you can… Read More

Yirendai Receives ISO 27001 Certification From British Standards Institution

Chinese marketplace lending platform Yirendai (NYSE: YRD) announced on Friday it has received its ISO 27001 Certification from the British Standards Institution. According to the online lender, the ISO 27001 certification is an internationally recognized best practice framework for an information security management system (“ISMS”) and… Read More

Crowdcube Announces Partnership With Virgin StartUp’s Accelerator Crowdboost

On Wednesday, Crowdcube announced it has formed a partnership with Virgin Startup’s new equity crowdfunding accelerator, Crowdboost. According to the funding portal, CrowdBoost is dedicated to entrepreneurs that are looking to raise funds and grow their business through existing communities and crowd. “It has become… Read More

Broody Acquires 5% Stake in Crowdfunder UK the Leading Rewards Platform in Britain

Broody, a business incubator, has picked up a 5% equity stake in Crowdfunder – the leading rewards based crowdfunding platform in the UK. Broody is supported by London based advertising agency Mother. Crowdfunder is nearing the close of an equity crowdfunding round on Crowdcube. With… Read More

Manigo Wants to be the WeChat of Europe, Plans Crowdfunding Round

Manigo describes itself as the “world’s first digital money platform for consumers, businesses and merchants.” Manigo says it will provide a seamless 360° experience for all of their users. The company says its goal is to become the Euro version of WeChat, Tencent’s incredibly successful… Read More

Britbots Invests in Tethered Drone Systems, Opens Up Offer for Crowdfunding Investors

Britbots, a company that operated the British Robotics Seed Fund (SEIS) and equity crowdfunding platform Britbots CROWD, has invested the first part of a £300,000 funding package for Tethered Drone Systems. The offer is now open to crowdfunding investors and, according to the campaign page,… Read More

Overfunding: 3D Studios & Artist Rendering Platform YellowDog Secures £600,000 Funding Target Through Seedrs Round

YellowDog, a UK-based platform for rendering 3D studios and artists, has successfully secured its initial £600,000 funding target from more than 350 investors on equity crowdfunding platform Seedrs. Founded in 2015 byGareth Williams, the company stated that it securely harnesses underutilized computer power, enabling organizations… Read More

UK Chocolate Brand Raw Halo Launches Second Equity Crowdfunding Campaign on Crowdcube & Quickly Overfunds

Raw Halo, a UK-based cocoa and chocolate confectionery brand, has returned to equity crowdfunding platform Crowdcube to raise £110,000. Within the first week of its debut, the initiative raised its funding target from close to 175 investors. This campaign launch comes less than a year after the company… Read More

InvestCloud Names UK Startup Freetrade As First Firm to Enter Innovation Center

Global fintech firm InvestCloud announced on Wednesday it has named Freetrade as the first firm to enter its UK Innovation Center. The UK startup is using the space to bring its app-only stockbroker to market. According to Investcloud, Freetrade was founded by former KPMG accountant Adam… Read More

Chancellor Proposes Changes to EIS to Increase Investment Limits to £2 Million, EISA calls Changes “Good News” for Entrepreneurs & Investors [u]

The Chancellor of the Exchequer Philip Hammond proposed an update to the Enterprise Investment Scheme (EIS) in the Autumn budget presented at the House of Commons today. The measures will increase the annual limit for individuals to £2 million – provided that anything over £1… Read More

Crowdcube Pulls Shaw Academy’s Equity Crowdfunding Campaign From Platform

Just days before Shaw Academy was set to close its highly successful equity crowdfunding campaign, which secured well over its £2.2 million funding target, Crowdcube reportedly shut down the funding round, claiming that the online education provider apparently failed to follow its platform’s rules.  According to Irish… Read More

Healthy Food & Nutrition Business Press London Quickly Nears £1 Million Funding Target on Crowdcube

Press, a UK-based health food and nutrition business specializing in Cold-Pressed juices, snacks, smoothies, soups, and supplements, has launched an equity crowdfunding campaign on Crowdcube. The company is currently seeking £1 million as it prepares for expansion. The company stated its products bring healthy, delicious… Read More

Crowdfunder UK Celebrates Crowdfund Plymouth’s £1 Million Funding Success

On Monday, Crowdfunder UK, along with the Plymouth City Council, announced Crowdfund Plymouth has successfully raised £1 million for projects in the City. According to the duo, Crowdfund Plymouth has distributed more than £130,000 of its City Change Fund to support local projects that benefit… Read More

On-Demand Air Taxi Service Waves Technologies Quickly Secures £495,000 Through Seedrs Funding Round

Waves Technologies, a data-led on-demand air taxi service providing accessible point-to-point air travel, has successfully secured its initial £495,000 funding target on equity crowdfunding platform Seedrs. The company revealed that its service uses big data and intelligent technology to provide affordable and accessible point-to-point air… Read More

UK Fintech Glint Launches Beta Version of Gold Payment Mobile App

UK fintech Glint announced on Monday the launch of its mobile app, which allows users to spend gold as the global currency. The company revealed by using the Glint iOS app and the Glint Mastercard, Glint clients are able to spend gold through the global payment system…. Read More

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