Tagged: united kingdom

October 5, 2017 @ 10:40 am By Samantha Hurst  |  

UK-based fintech firm Finastra announced on Thursday it has teamed up with R3 and seven banks to create an online marketplace to drive transparency and efficiency in the syndicated loan market. Finastra reported that R3’s distributed ledger technology (DLT) based platform, Fusion LenderComm exposes real-time credit agreement, accrual… Read More

October 5, 2017 @ 9:30 am By Samantha Hurst  |  

UK-based peer-to-peer property platform Lendy is currently seeking permission to launch an innovative finance ISA (IFISA). This news comes just after the online lender announced its 2016 earnings and additional growth plans. According to FT Adviser, head of marketing and communications for Lendy, Paul Riddell… Read More

October 5, 2017 @ 9:08 am By Samantha Hurst  |  

On Wednesday, equity crowdfunding platform Crowdcube announced the launch of the Notification Centre for its iOS app. This news comes just one year after the mobile app made its debut. While sharing details about the Centre, the Crowdcube team stated: “The Crowdcube iOS App launched 1… Read More

October 4, 2017 @ 4:16 pm By Samantha Hurst  |  

London-based online wine merchant Your Sommelier is set to close its equity crowdfunding initiative on Seedrs with more than 110,000 in funding. The company launched the campaign earlier this summer, seeking the 110,000 as it prepares to grow and expand its monthly subscription services. As… Read More

October 4, 2017 @ 3:25 pm By Samantha Hurst  |  

Durable bag accessory brand Jimbag recently launched an equity crowdfunding campaign on Crowdcube as it prepares to launch its new website. The company stated each of its bags offer style, versatility, and sports functionality. More than 10,000 Jimbags have reportedly been sold in the UK. “We… Read More

October 4, 2017 @ 11:09 am By Samantha Hurst  |  

PremFina Ltd, a UK-based company that increases access to insurance by providing financing options for the purchase of insurance premiums, announced on Wednesday it secured £27 Million ($36 million) in equity funding and a debt facility. According to the company, Rakuten Capital, the investment arm of… Read More

October 4, 2017 @ 7:32 am By JD Alois  |  

ZOA Robotics, a “biologically inspired robot creator, has secured seed investment from the British Robotics Seed Fund (BRSF). The £85,000 investment is said to be the first of a series that have been made by the UK’s robotics-focussed investment firm. ZOA Robotics is also raising… Read More

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