Tagged: united kingdom

October 3, 2017 @ 9:00 am By JD Alois  |  

Crowdcube, the UK’s largest crowdfunding platform, is reporting another strong quarter of performance in 2017 along with over £1 million generated in company revenue. According to the platform, Crowdcube launched 70 offerings in Q3 of 2017 – 3X more than same period year prior. Platform… Read More

October 3, 2017 @ 8:42 am By JD Alois  |  

Shojin Property Partners is the newest entrant into the property crowdfunding space. The London based, FCA regulated crowdfunding platform was officially opened on 27th September. Shojin seeks to will investors looking to invest in property with property developers looking for funding.  Interestingly, Shojin said that… Read More

October 2, 2017 @ 11:20 pm By JD Alois  |  

Seedrs, one of the leading UK based investment crowdfunding platforms, has closed on £10 million in funding with £4 million coming from Woodford Investment Management and the balance coming from retails investors via their own platform. The deal was announced earlier this month with Seedrs… Read More

October 2, 2017 @ 11:31 am By JD Alois  |  

Proplend, a UK based peer to peer lender in the property space, has now topped £25 million in online lending. Proplend revealed the accomplishment in a recent blog post where it also shared it has been shortlisted for the Best Peer to Peer Lender for… Read More

October 2, 2017 @ 9:23 am By JD Alois  |  

Zopa, the largest peer to peer consumer lending platform in the UK, has revealed a new partnership with Saffron Building Society that will deliver a physical presence for the online lender. The new partnership was announced today with Zopa CEO Jaidev Janardan commenting; “The partnership… Read More

October 2, 2017 @ 8:47 am By JD Alois  |  

Mindful Chef has provided an update on their ongoing crowdfunding campaign on Crowdcube. Launched late last month, Mindful Chef sought £1 million for an equity stake of 15.36% at a pre-money valuation of £7 million. Today, the offer has raised £1.27 million backed by 427… Read More

October 2, 2017 @ 8:12 am By JD Alois  |  

  ESF Capital, along with its operating subsidiary ThinCats – a secured peer to peer lending platform, reports it has concluded a funding program for loans of up to £5m for growing UK small and medium-sized enterprises (SMEs). The new £200 million funding program comprises… Read More

October 2, 2017 @ 7:41 am By JD Alois  |  

Property Moose, (aka DFI Financial Services Limited) has appointed two senior finance professionals to its Board of Directors. The property crowdfunding site has added Richard Avery-Wright and Tim Parkes to the Board following a recent investment round, in which they both participated. Parkes previously was… Read More

September 30, 2017 @ 12:00 pm By Samantha Hurst  |  

Earlier this week, an online marketplace for the global brewing industry BrewBroker launched an equity crowdfunding campaign on Crowdcube seeking £380,000 as it prepares to expand its platform. Founded in 2016, BrewBroker states it is aiming to become the biggest brewer in the world, all… Read More

September 29, 2017 @ 3:30 pm By Samantha Hurst  |  

On Thursday, UK-based fintech startup and read-only, anonymised Twitter client that blocks all broadcasting (Tweeting) and messaging, Market EarlyBird, announced it has formed a partnership with cloud-based workflow and collaboration platform, Symphony, for its new program EarlyBird for Symphony. According to Market EarlyBird, EarlyBird for Symphony… Read More

September 29, 2017 @ 2:42 pm By Samantha Hurst  |  

On Friday, online lending platform Zopa announced the latest update of its credit risk model. This news comes just a few weeks after the lender announced updated on improving loan sale time progress, rebate period, and ISA transfer-in. Chief Product Officer at Zopa, Andrew Lawson,… Read More

September 29, 2017 @ 10:23 am By Samantha Hurst  |  

Less than a week after launching its equity crowdfunding campaign on Crowdcube, VC backed and Kickstarter alum Kokoon has successfully secured its initial £750,000 thanks to more than 300 investors.  As previously reported, Kokoon was founded in 2013 and stated it is seeking to bring the… Read More

September 29, 2017 @ 10:08 am By Samantha Hurst  |  

Assetz Capital, one of the UK’s fastest growing peer-to-peer finance platforms and the largest property backed peer-to-peer lender, announced on Friday it has lowered its entry interest rate for commercial mortgages from 7.9% to 6.9% in an unprecedented move to give access to even lower rates… Read More

September 29, 2017 @ 9:50 am By Samantha Hurst  |  

Marketplace lending platform LendInvest announced on Friday it has released the latest LendInvest Buy-to-Let Index report with a spotlight on university towns. Published quarterly, the LendInvest Buy-to-Let Index notably ranks each postcode area around England and Wales based on a combination of four critical metrics:… Read More

September 28, 2017 @ 10:46 am By Samantha Hurst  |  

On Thursday, equity crowdfunding platform Crowdcube released its 2017 third quarter shareholder update. It was revealed: “This quarter has seen Crowdcube have yet another commercially strong three months after launching 66 pitches, 38 in September alone. £25.6m has been invested through the platform, with seven businesses… Read More

September 28, 2017 @ 9:24 am By Samantha Hurst  |  

Just a little over a year after securing £1 million through its equity crowdfunding campaign on Seedrs, Mindful Chef launched a Crowdcube initiative and quickly raised its £1 million funding target from nearly 250 investors. As previously reported, Mindful Chef, which was founded by school… Read More

September 28, 2017 @ 2:00 am By JD Alois  |  

The global crowdfunding ecosystem is still quite young. When you compare traditional forms of capital formation to emerging online models crowdfunding is very much in its infancy and will take many years to fully mature. Prognosticators abound as to the success, or failure of, alternative… Read More

September 27, 2017 @ 2:13 pm By JD Alois  |  

The Finance Innovation Lab has revealed the appointment of six new Trustees, including a new Chair and Treasurer. The new appointments were s described as further strengthening the Lab’s leadership as it seeks to grow its work for a financial system that serves people and… Read More

September 27, 2017 @ 8:00 am By JD Alois  |  

Innovate Finance has announced the appointment of Danny Lopez and Iain Anderson as non-executive directors of the organisation. Lopez is the Chief Operating Officer of Blippar, a technology company specializing in augmented reality and artificial intellegence. Between 2011 and 2016 Lopez was the British Consul General to New York and was Director General of UK Trade & Investment in the United States. He played a… Read More

September 27, 2017 @ 7:34 am By JD Alois  |  

Spotcap, an online lender for SMEs, has announced Mohammed Hussan as the winner of its Fintech Fellowship 2017. The Fellowship awards one aspiring masters or MBA student with a £8,000 stipend towards their studies. The Fintech sector in the UK is one of the fastest growing sectors industry, adding more than… Read More