Tagged: united kingdom

November 1, 2017 @ 2:56 pm By Samantha Hurst  |  

Funding Options, a UK-based online marketplace for business finance, announced on Wednesday it is supporting Federal Conduct Authority (FCA) plans to allow more SMEs access to the Financial Ombudsman Service (FOS). Established by Parliament, FOS describes itself as the UK’s official expert in resolving complaints between financial businesses and… Read More

November 1, 2017 @ 9:49 am By JD Alois  |  

A year ago today, the UK government launched a program that required banks to forward referrals of businesses that had been denied a loan. Nine of the UKs largest banks were compelled to share the info with Funding XChange, Business Finance Compared and Funding Options…. Read More

November 1, 2017 @ 7:59 am By JD Alois  |  

Innovate Finance has announced changes to its Board of Directors as well as an executive change. Justin Fitzpatrick, co-founder and COO of Duedil, will step down from his role as Non-Executive Director on 30th November 2017 after three years at Innovate Finance. Sue Hunter will… Read More

October 31, 2017 @ 3:17 pm By Samantha Hurst  |  

Field&Flower, a UK-based company that delivers grass fed, free range meat boxes, has successfully secured its initial £750,000 funding target on Crowdcube and has surpassed £800,000 thanks to nearly 500 investors. The company, which was founded in 2010, states it believes everyone should know exactly… Read More

October 31, 2017 @ 2:42 pm By Samantha Hurst  |  

Less than two and a half years after successfully raising more than £3.2 million through its Seedrs campaign, peer-to-peer lending platform Assetz Capital has returned to the equity crowdfunding platform to raise more growth funds. The news of Assetz Capital’s latest funding round comes just after… Read More

October 31, 2017 @ 9:01 am By JD Alois  |  

Equity crowdfunding platform Seedrs is looking to broaden its audience of potential investors with a new program designed to promote early stage investment opportunities to high net worth (HNW) / wealthy investors. The program targets financial intermediaries, such financial advisors, brokers and accountants and their… Read More

October 31, 2017 @ 8:47 am By Samantha Hurst  |  

Cheers, UK creators! On Tuesday, crowdfunding giant Kickstarter announced it was celebrating its five year anniversary in the British countryside. “Five years ago today a Kickstarter team was supposed to be over in the UK celebrating our first international expansion. Unfortunately, Hurricane Sandy trapped them in… Read More

October 31, 2017 @ 7:27 am By JD Alois  |  

Assetz Capital, a peer to peer lending platform that received full FCA authorization in September, has reported a profit bore the first 6 months of the fiscal year. Without providing specific details, Assetz Capital said they record a “seven figure pre-tax profit, in the period… Read More

October 30, 2017 @ 4:09 pm By Samantha Hurst  |  

On Monday, UK-based fintech startup Monzo announced the launch of its new feature, Monzo-to-Monzo payments. This news comes less than a week after Monzo announced customers are now able to use Android Pay for their accounts. According to Monzo, the Monzo-to-Monzo payments allows users to send money… Read More

October 30, 2017 @ 2:51 pm By Samantha Hurst  |  

Boat marketplace platform, Borrow A Boat, is now seeking £200,000 through its equity crowdfunding campaign on Crowdcube as it prepares to expand its website. The platform, which was set up in 2016 by boat enthusiasts, describes itself as a marketplace for boat charter worldwide that features peer-to-peer listings…. Read More

October 30, 2017 @ 2:37 pm By Samantha Hurst  |  

CommunterClub has returned to the UK-based equity crowdfunding platform Seedrs just after it raised £2.3 million in venture capital funding. The company launched its first crowdfunding round in 2015, which during that time had only £25 million pre-money valuation. Its pre-valuation is now up to £11,546,623 and… Read More

October 29, 2017 @ 4:51 pm By JD Alois  |  

BrewDog and its Equity for Punks crowdfunding project is at it once again. The Scottish craft brewer is returning to the UK with a securities offer following the end of its US Reg A+ crowdfunding round. To date, BrewDog has raised around £41 million in… Read More

October 28, 2017 @ 11:04 pm By Samantha Hurst  |  

Rightangled, a UK-based CQC registered healthcare provider for genetic testing, has successfully secured its initial 100,000 equity crowdfunding target less than a week after launching on Crowdcube. The company stated that its first product, “Heart DNA Test,” is a cardiac genetic test for hereditary conditions, drug… Read More

October 28, 2017 @ 10:00 am By Samantha Hurst  |  

Just days after launching its equity crowdfunding campaign on Seedrs, UK-based insurtech Wrisk has successfully secured its initial £500,000 funding target from more than 300 investors. As previously reported, Wrisk wants to shake up the antiquated insurance industry with their smartphone app that makes purchasing insurance and filing… Read More

October 28, 2017 @ 7:54 am By Samantha Hurst  |  

Insurdata, London-based insurtech firm that intelligently captures, enhances, scores and transfers high-resolution, peril-specific exposure and risk data, announced this week it has raised more than $1 million in seed financing from investors including Menlo Ventures, Anthemis Baloise Strategic Ventures and Plug and Play. Insurdata stated it… Read More

October 27, 2017 @ 4:28 pm By JD Alois  |  

“Cybercrime as a Service” is a Growing Problem In the UK, HM Treasury and the Home Office have published a report on money laundering and terrorist financing. As one of the largest economies in the world that is based on global trade and quite open… Read More

October 27, 2017 @ 4:12 pm By Samantha Hurst  |  

On Thursday, reward-based crowdfunding platform Crowdfunder UK announced it has welcomed its 700,000th community member. This news comes just after the funding platform’s new equity campaign on Crowdcube surpassed £550,000 in funding. It was revealed: “Last week we welcomed our 700,000’th member to our rapidly growing… Read More

October 27, 2017 @ 12:20 pm By Samantha Hurst  |  

AllBright is making plans to a private member’s club exclusively for female founders in London. The club’s debut comes less than a year after AllBright’s crowdfunding platform was launched.  According to WeAreTheCity, AllBright’s new club will be based in a five-story Georgian Townhouse in Bloomsbury. All club… Read More

October 27, 2017 @ 11:01 am By Samantha Hurst  |  

UK-based fintech startup Zazu has successfully secured its initial £150,000 funding target during its crowdfunding campaign on Seedrs. The initiative was launched earlier this month, seeking the funds for the company’s new digital-only bank in Africa. As previously reported, Zazu, which was founded in 2015, was launched through… Read More

October 27, 2017 @ 8:39 am By Samantha Hurst  |  

Just a little over a year after securing nearly £200,000 through its first Crowdcube campaign, online property platform Movem has returned to the equity crowdfunding platform and even secured its initial £300,000 funding target in a matter of days thanks to more than 175 investors. As previously… Read More