Tagged: united kingdom

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

Monzo’s Tom Blomfield Announces Upcoming Crowdfunding Round

Just a couple weeks after securing £71 million during its latest investment round, Co-Founder and CEO of challenger bank Monzo, Tom Blomfield revealed plans to launch a new crowdfunding campaign. Monzo (originally known as Mondo) caught the public eye in March 2016 when it raised… Read More

Assetz Capital Achieves £1.5 Million Through Latest Seedrs Funding Round

Less than a month after launching its latest equity crowdfunding campaign on Seedrs, peer-to-peer lending platform Assetz Capital has successfully secured £1.5 million from more than 700 investors. The online lender took to the funding portal to raise £1 million for expansion. Its previously initiative… Read More

Landbay Set to Offer Up to 25-Year Mortgage Terms Starting January 2018

Last week, peer-to-peer lender Landbay announced it will be offering up to 25-year mortgage terms starting in January 2018. The lending platform revealed in a blog post: “After listening to feedback from our network of specialist broker partners, and in light of our own industry knowledge… Read More

Overfunding: Parcel2Go Secures £500,000 Through Crowdcube Initiative

Parcel2Go, described as the UK’s largest parcel delivery comparison website, has successfully secured its initial £500,000 funding target from more than 750 investors through its equity crowdfunding campaign on Crowdcube. As previously reported, the Bolton-based company claims it has generated top-line revenue of £56 million in the… Read More

VentureFounders Appoints Alison Petit to Executive Team

VentureFounders, a UK-based equity crowdfunding platform for sophisticated investors, has appointed Alison Petit as Marketing Director. Petit brings extensive experience of marketing to private clients and brand building within financial services. Previously, Petit was Global Marketing Director within the Private Banking and Trust business at… Read More

Latin American Street Food Brand Cubana Now Seeking 200,000 Loan on Crowd2Fund For Expansion

UK-based Cubana Waterloo Ltd is now seeking a, £200,000 loan, payable at an estimated APR of 10%, through crowdfunding platform Crowd2Fund, in order to expand its Latin American street food and exotic Cuban cocktails concept. Cubana’s restaurant group was founded in 1998 by Phillip Oppenheim,… Read More

Update: Pomodoro e Basilico Extends Equity Crowdfunding Campaign on Crowdcube

Pomodoro e Basilico’s CEO and Founder Sara Mittersteiner announced this week that the vegan artisan food stall has extended its equity crowdfunding campaign on Crowdcube. This news comes after Mittersteiner announced that advisors Emilia Leese and Kip Dorrell are no longer actively involved in the restaurant’s development…. Read More

SyndicateRoom’s Popular Fund Twenty8 to Re-Open to Limited Amount of Investors

SyndicateRoom’s Fund Twenty8, a highly diversified fund that back early stage companies, is preparing to open up for investment. The concept was launched in 2016 to allow passive investors the opportunity to back EIS eligible companies in an easy and efficient manner. Fund Twenty8 (2016)… Read More

Overfunding: GreenJinn Successfully Secures £600,000 Hours Before Crowdcube Campaign Closes

With less than 24 hours until its equity crowdfunding campaign is set to close on Crowdcube, cashback smartphone app GreenJinn has successfully secured its initial £600,000 from more than 200 investors. As previously reported, the GreenJinn app made its grand debut in October 2016 and provides personalized cashback coupons… Read More

Rainmaking Colab Tackles “Accelerator Fatigue” with New Model for Mature Fintechs

Rainmaking Colab, created by the founders of Rainmaking and Startupbootcamp Fintech, are launching a new innovation program designed to help industry incumbents address real business problems. While recognizing the importance of Fintech startups, Rainmaking Colab seeks to aid more mature Fintech operations. Rainmaking Colab is supported… Read More

LendInvest Launches Buy-to-Let Loans for Professional Landlords & Investors in England, Wales, & Scotland

LendInvest, a specialist property finance lender, announced on Thursday it has launched a buy-to-let (BTL) loan product targeted at experienced, professional property investors and landlords operating in England, Wales and Scotland. According to the platform, BTL loans are available for amounts between £50,000 and £5… Read More

SyndicateRoom Alum Squirrel Launches Crowdcube Funding Round

Squirrel, a personal finance app designed to help users have more control over their money, has launched an equity crowdfunding round on Crowdcube. This initiative debut comes less than one year after the company completed its SyndicateRoom funding round with £585,000 in funds. Squrriel is now seeking £400,000…. Read More

Update: Crowdcube Users Remove Investments from Pomodoro E Basilico Campaign Following Restaurant’s Advisor Changes Announcement

Less than two weeks before its equity crowdfunding campaign was set to close on Crowdcube, Pomodoro e Basilico’s CEO and Founder Sara Mittersteiner announced that advisors Emilia Leese and Kip Dorrell are no longer actively involved in the vegan restaurant’s development. At the time of… Read More

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