Tagged: united kingdom

September 7, 2017 @ 9:03 am By Samantha Hurst  |  

On Thursday, Ireland-based peer-to-peer lending platform Linked Finance announced it has funded its one one thousandth loan. The platform was launched in 2013 and is seeking to lend more than £350 million to SMEs by the end of 2019.  This news comes less than two months… Read More

September 6, 2017 @ 1:36 pm By Samantha Hurst  |  

UK-based York Cocoa Works has successfully secured its initial £250,000 funding target from nearly 400 investors during the final week on equity crowdfunding platform Crowdcube. York Cocoa Work states its Cocoa House is a “destination for chocolate lovers” and each year it welcomes thousands of visitors… Read More

September 6, 2017 @ 1:29 pm By Samantha Hurst  |  

Plum, an artificial intelligence (AI) chatbot for personal finance, completed its equity crowdfunding round on Seedrs and secured £923,255 in funds. The company, which was launched in January 2017 by the former head of international at TransferWise, Victor Trokoudes, is said to be the first AI-powered Facebook… Read More

September 6, 2017 @ 8:18 am By JD Alois  |  

Saïd Business School, University of Oxford, along with online education provider GetSmarter, has launched the Oxford Fintech Program. This is a digital open enrollment program for executives and entrepreneurs addressing financial technology and innovation. The online program is said to have been designed to equip… Read More

September 5, 2017 @ 2:56 pm By Samantha Hurst  |  

Online lender RateSetter has appointed Dave Bibby as its new Regional Property Manager. According to P2P Finance News, Bibby will be responsible for developing RateSetter’s property finance business across the North of England. He has over 30 years of experience in the banking sector and has… Read More

September 5, 2017 @ 1:50 pm By Samantha Hurst  |  

Just a few days after launching its equity crowdfunding campaign on Crowdcube, healthy snack brand I Love Snacks has successfully secured its initial £100,000 funding target and raised over£180,000 from nearly 250 investors. The company, which launched in retail earlier this year, stated that it sells… Read More

September 5, 2017 @ 10:50 am By Samantha Hurst  |  

Crowdcube success and Scottish brewery Innis & Gunn has reportedly received a 15 million offer from U.S. private equity firm, L Catterton. The firm is set to take a 27.9% stake in the brewery. According to Insider, If the offer is approved, founder of Innis &… Read More

September 5, 2017 @ 9:10 am By Samantha Hurst  |  

On Monday, UK equity crowdfunding platform Crowdcube announced that £5 million has been invested through its iOS mobile app since launch last year. The funding portal revealed: “Since its launch over £5 million has been invested through Crowdcube’s iOS app! With over 6,500 installations, 100,000 sessions… Read More

September 5, 2017 @ 8:34 am By JD Alois  |  

Following a successful Beta trial and over 1000 registrations, WorldFirst has launched their newest offering the “World Account” for online money transfers. The World Account is launching as a free service with no hidden fees or charges on FX transfers or to open or maintain… Read More

September 4, 2017 @ 9:01 pm By JD Alois  |  

Seedrs, one of the largest equity crowdfunding platforms in the UK, has received a follow on investment of £4 million from Woodford Investment Management. The new funding values the online investment platform at £40 million on a pre-money basis. Woodford previously backed Seedrs with £6… Read More

September 2, 2017 @ 10:21 am By Samantha Hurst  |  

Just one week after launching its equity crowdfunding on Crowdcube, North London-based Wild Card Brewery surpassed its initial £250,000 and is now nearing £300,000 thanks to more than 250 investors. Wild Card describes itself as an award-winning brewery and bar operator. It creates “no-nonsense, uncompromising” beers and inclusive… Read More

September 1, 2017 @ 1:00 pm By Samantha Hurst  |  

With its equity crowdfunding campaign set to close on Crowdcube this upcoming Monday, self-described millennial media company The Market Mogul is set to complete the funding round with nearly £650,000 in funds thanks to nearly 685 investors. As previously reported, The Market Mogul was founded in 2013 by… Read More

September 1, 2017 @ 10:05 am By Samantha Hurst  |  

Just one week after securing its initial £750,000 equity crowdfunding target on Crowdcube, Enertor announced it was extending its campaign and its global partnership with energy drink brand, Red Bull. The insole company revealed in an update on Friday: “Enertor will be featured in the Red… Read More

August 31, 2017 @ 10:45 am By JD Alois  |  

Renaud Laplanche, an icon of the online lending industry, has been added as a keynote speaker to the roster of headliners at the forthcoming LendIt Europe event taking place this October. Laplanche founded LendingClub in 2006 as a peer to peer lending platform designed to… Read More

August 30, 2017 @ 7:01 pm By JD Alois  |  

SeedInvest and LendIt, the roving global Fintech conference, have partnered on live crowdfunding for the upcoming LendIt Europe event scheduled for this coming October. The live crowdfunding event is being billed as a European first. LendIt Europe participants will be able to invest directly in… Read More

August 30, 2017 @ 11:04 am By Samantha Hurst  |  

With less than 48 hours until its equity crowdfunding campaign on Crowdcube comes to an end, food delivery platform Feast has successfully secured its initial 150,000 funding target from over 300 investors. As previously reported, Feast originally launched in the UK in 2015 to deliver food… Read More

August 29, 2017 @ 8:49 pm By JD Alois  |  

UK investment manager, Downing LLP, has appointed Michael Tefula, previously at Oxford Seed Fund and Deloitte, to its specialist Ventures investment team. Downing Ventures invests venture capital into early-stage technology businesses in the UK, prior to supporting these companies through phases of subsequent growth. They also… Read More

August 29, 2017 @ 12:50 pm By Niels Turfboer  |  

Sites like Expedia and Booking.com have transformed the travel industry; can comparison sites do the same for financial services? By now we are all familiar with travel comparison sites like Expedia and Booking.com. Plug in your details and the computer will come up with a selection of options –… Read More

August 29, 2017 @ 12:13 pm By Samantha Hurst  |  

Less than one month after closing its Equity For Punks USA Reg A+ crowdfunding campaign, BrewDog announced it is set to give away 20 percent of all its profits annually through the new BrewDog Unicorn Fund. According to the UK-based brewery, 10 percent will be shared… Read More

August 29, 2017 @ 11:01 am By Samantha Hurst  |  

On Tuesday, UK-based equity crowdfunding platform Crowdcube announced it is now offering its Funded Club members (i.e. those who achieved their funding targets) free product workshops, along with exclusive fee arrangements in order to get products out to market. The funding portal revealed in a blog… Read More