Tagged: united kingdom

December 8, 2017 @ 11:53 am By Samantha Hurst  |  

Handsome, a UK-based healthcare consumer brand, has successfully raised its initial £500,000 funding target through equity crowdfunding platform Seedrs thanks to 220 investors.  As previously reported, the company was founded in 2011 with a mission to launch innovative and exciting consumer healthcare products that are… Read More

December 8, 2017 @ 9:00 am By JD Alois  |  

Property Partner, a UK based property crowdfunding platform, now has over £100 million in Assets Under Management (AUM), according to a report from the platform. This amount represents a 4X increase since December 2015 when Property Partner held £21.9 million in AUM. Property Partner also… Read More

December 7, 2017 @ 7:01 pm By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF), the leading global research institute for all things Fintech, has published its fourth annual survey on UK alternative finance. According to the report, entitled Entrenching Innovation: The 4th UK Alternative Finance Industry Report, the sector of emerging financial… Read More

December 7, 2017 @ 1:17 pm By Samantha Hurst  |  

Open for Vintage, a new luxury fashion platform that promotes sustainability and independent retailers, has successfully secured its initial £150,000 funding target through its equity crowdfunding round on Crowdcube. The platform, which was launched earlier this year, revealed that it connects customers with a global network… Read More

December 7, 2017 @ 8:15 am By JD Alois  |  

The P2PFA has announced revisions to the UK peer to peer lending industry standards it sets for its member platforms. The P2PFA represents the most prestigious online lenders in the country and has been at the forefront of developing a stringent set of principles that… Read More

December 7, 2017 @ 2:30 am By JD Alois  |  

Revolut knows the future of banking is a digital only world with a feature rich mobile ecosystem. Give people what they need and want in online bank and they will keep coming back in droves. Today, as we alluded to last week, Revolut is officially… Read More

December 6, 2017 @ 1:23 pm By Samantha Hurst  |  

Parcel2Go, described as the UK’s largest parcel delivery comparison website, is set to close its Crowdcube campaign with more than £1 million thanks to nearly 1300 investors. The equity crowdfunding initiative was launched last month and quickly raised its initial £500,000 funding target. As previously reported, Parcel2Go… Read More

December 6, 2017 @ 12:13 pm By Samantha Hurst  |  

On Wednesday, equity crowdfunding platform Seedrs announced that one of its advisors and famous British tennis player Andy Murray invested in two early-stage businesses, GoodBox and ZoomDoc. According to Seedrs, GoodBox is a company that is seeking to disrupt the charity sector. The funding portal… Read More

December 6, 2017 @ 11:02 am By Samantha Hurst  |  

On Wednesday, UK peer-to-peer lending platform RateSetter released its accounts for the year ending on March 31, 2017. The online lender reported that revenues were £23.7m, up 38 percent from 2015-16; loans under management grew by 23 percent, from £581m to £714m; the number of… Read More

December 5, 2017 @ 3:55 pm By Samantha Hurst  |  

Less than one year after successfully securing £1,227,995 through its eighth equity crowdfunding campaign on Seedrs, UK-based software company Veeqo has launched its ninth funding round and quickly raised its initial £200,000 funding target from nearly 75 investors. As previously reported, Veeqo helps online retailers… Read More

December 5, 2017 @ 12:30 pm By JD Alois  |  

Funding Circle, the UK based online lender focusing on SMEs, has topped an important milestone having surpassed £3 billion on lending since launch in 2010.  Funding Circle has been rather quiet on the accomplishment beyond noting it on their UK home page where it states 30,986 UK… Read More

December 5, 2017 @ 11:48 am By Samantha Hurst  |  

Squirrel, a personal finance app designed to help users have more control over their money, announced this week that it now processes £1 million a month. The company reported that it processed its 10 million last week. “This month we processed £1 million a month! What does… Read More

December 5, 2017 @ 9:31 am By JD Alois  |  

Starling Bank has been granted approval by the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) to offer customers a wide array of financial products by the mobile-only bank.  Starling Bank received a license to operate as a bank by the Bank of England… Read More

December 5, 2017 @ 8:03 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has just released an update on their regulatory Sandbox created to help aspiring Fintech firms to navigate the labyrinth of financial services rules. The trailblazing project, which has been replicated around the world, kicked off in 2014 and the… Read More

December 4, 2017 @ 2:53 pm By Barry James  |  

It was recently reported that the former chief economist of the World Bank wants Bitcoin banned, saying “Bitcoin is successful only because of its potential for circumvention, lack of oversight” You missed something crucial. Because of the ‘McKinsey’ factor. The operative rules (laws of nature from… Read More

December 4, 2017 @ 2:00 pm By Samantha Hurst  |  

With less than a week until its equity crowdfunding campaign closes on Crowdcube, UK-based whisky distillery The Lakes Distillery is set to close the funding round with nearly £1.6 million in funding from more than 2450 investors.  As previously reported, The Lakes Distillery opened in 2014 and claims to… Read More

December 4, 2017 @ 10:59 am By Samantha Hurst  |  

On Friday, online lending platform ThinCats announced it was delaying the launch of its Innovative Finance ISA (IFISA). The lender originally set out to launch the IFISA shortly before the end of 2017, but has pushed the launch to after the new year begins. According… Read More

December 4, 2017 @ 8:12 am By Samantha Hurst  |  

Fineqia International Inc. (CSE: FNQ) (OTCPink: FNQQF) (Frankfurt: FNQA) announced on Monday it has taken a minority stake in IXL PremFina Limited, an award-winning premium finance solution empowering insurance brokers in the UK. The company stated that it acquired the PremFina shares from IXL Holdings, a… Read More

December 4, 2017 @ 7:40 am By Samantha Hurst  |  

Cauli Rice, under its new name Fullgreen, has successfully secured its initial £500,000 funding target through its fifth equity crowdfunding campaign on Crowdcube. The initiative was launched at the end of November. As previously reported, Fullgreen officially rebranded in October 2017 and expanded its offering to include other low-carb,… Read More

December 2, 2017 @ 2:24 pm By JD Alois  |  

Two years ago, Strathberry of Scotland was a Scottish startup looking to create an iconic UK brand in the luxury handbag space. The company leveraged the Kickstarter pre-sale platform to boost exposure for the small company raising £122,000 on a £25,000 goal. The Edinburgh based… Read More