Tagged: united kingdom

November 3, 2017 @ 10:28 am By Samantha Hurst  |  

The Good Egg is set to close its second equity crowdfunding campaign on Crowdcube with nearly £600,000 from more than 400 investors. The restaurant launched the campaign at the end of September and extended the funding round mid-October. As previously reported, The Good Egg was inspired by Californian… Read More

November 3, 2017 @ 7:17 am By JD Alois  |  

Mobile first digital money transfer service WorldRemit has launched instant money transfers to Hungary. The new service lets anyone in over 50 countries send remittances directly to bank accounts in Hungary in a safe, quick and convenient way, using the WorldRemit app or website. WorldRemit’s digital model allows migrants… Read More

November 2, 2017 @ 2:42 pm By Samantha Hurst  |  

UK-based peer-to-peer property platform Lendy announced on Thursday it has broken all previous records for loan repayments generated in any one month, recovering £20 million in total in October 2017 alone. The online lender reported that this exceeds its previous September 2016 high of £14.5 million. The… Read More

November 2, 2017 @ 10:24 am By Samantha Hurst  |  

Technology startup Verv successfully secured more than £1.2 million from over 1200 investors through its equity crowdfunding campaign on Crowdcube. The funding round closed on Wednesday. As previously reported, Verv, which was launched in 2014, stated it has developed an intelligent energy assistant which uses high-speed energy analytics and… Read More

November 2, 2017 @ 10:09 am By Samantha Hurst  |  

UK-based fintech Cashplus announced on Thursday it is currently seeking to receive its banking license. The company, formerly known as Advanced Payments Solution, now seeks to evolve the current banking system. It offers financial services, prepaid cards and accounts, business accounts and consumer debit accounts…. Read More

November 2, 2017 @ 8:18 am By JD Alois  |  

LendInvest, a Fintech marketplace platform for property finance, has agreed a long-term warehouse facility with Citi boosting its entry into the UK’s £40 billion buy-to-let (BTL) market. Under the terms of the financing, Citi will provide a funding line to LendInvest that will be used… Read More

November 1, 2017 @ 4:08 pm By Samantha Hurst  |  

On Tuesday, Crowdfunder UK announced it has formed a partnership with the Design Council to support and encourage UK businesses to design innovative new products and get them to market through the Spark 2018 initiative. The crowdfunding platform revealed that as part of the Spark partnership The Design… Read More

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