Tagged: united kingdom

Update: Feast Hurdles Over £150,000 Funding Target During the Final Days on Crowdcube

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

Downing Adds Michael Tefula to Ventures Team

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

How will Expedia Impact Financial Services? 

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

BrewDog News: Brewery to Give Away 20 Percent of All Profits Annually Through Unicorn Fund

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

Crowdcube Now Offering Funded Club Members Free Product Workshop & Exclusive Fee Arrangements to Get Products to Market

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

UK Property Platform Ezylet Set to Close Invesdor Campaign With More Than £750,000 in Funding

With its equity crowdfunding campaign set to close on Invesdor later this week, UK-based property platform Ezylet has successfully secured more than £750,000 from nearly 75 investors. Originally seeking 500,000 by the end of July, the company secured its initial funding target and then extended… Read More

Money Dashboard Completes Crowdcube Funding Round After Securing Over £1.3 Million From More Than 1700 Investors

Over the weekend, UK-based personal finance management app Money Dashboard completed its equity crowdfunding round on Crowdcube. The company secured well over its initial £1 million funding target (£1.3 million) thanks to over 1700 investors. Money Dashboard’s app notably empowers more than 100,000 users to make better… Read More

Singapore Fintech Hub LATTICE80 Announces UK Expansion

LATTICE80, a fintech hub owned and operated by Singapore-based private investment firm Marvelstone Group, announced on Monday it is set to open a fintech hub in London as part of its global expansion. The organization revealed that as of August 2017, its UK entity has… Read More

Update: Money Dashboard Surpasses £1.1 Million During the Final Days on Crowdcube

With its equity crowdfunding campaign set to close on Crowdcube this weekend, Money Dashboard will finish the funding round with more than £1.1 million thanks to nearly 1500 investors. As previously reported, Money Dashboard’s app notably empowers more than 100,000 users to make better financial decisions and… Read More

Fintech Startup Paybase Secures £700,00 Grant From Innovate UK

London-based fintech startup Paybase has reportedly secured a £700,00 grant from Innovate UK as it prepares to launch its new payments platform. The company stated that it provides an end-to-end solution for Payments, Compliance, and Risk – all rolled into one unified API. Paybase explained that… Read More

Fiserv’s Acquistion of Monitise is Approved

The board of directors of Monitise plc (AIM:MONI) has approved the acquisition of the company by Fiserv (NASDAQ: FISV). The cash offer will see shareholders receiving 3.1 pence per share as soon as practical and no later than 14 days after the effective date. Fiserv has created a section on their… Read More

Crowdfunder UK Introduces Funds Matchmaker

Crowdfunding platform Crowdfunder UK recently introduced its Funds Matchmaker, which offers advice on how to apply for funding and how to make funding projects stand out. “Crowdfunder works with partners such as Santander, Virgin, M&S and many councils across the UK to distribute money to… Read More

Overfunding: Usain Bolt-Backed Shoe Insole Developer Enertor Secures £750,000 Funding Target on Crowdcube

Enertor, an insole company that is endorsed and worn by Olympian Usain Bolt, has successfully raised its initial £750,000 funding target on equity crowdfunding platform Crowdcube.  Enertor previously stated its insole uses pioneering technology to reduce shock and impact injury and is not only used by… Read More

Crowdcube Success Bellfield Brewery Raises £430,000 During Latest Funding Round

Less than two and a half years after securing £178,800 through its equity crowdfunding campaign on Crowdcube, gluten-free brewing company, Bellfield Brewery, announced it raised £430,000 through its latest funding round, which was supported by  Rod Mathers, Corporate Finance Partner and his team at Henderson… Read More

Assetz Capital Update: Investors Have Earned £25 Million to Date

Assetz Capital, a UK based peer-to-peer lending platform, has announced another milestone. Today the platform has shared that investors in aggregate have earned gross returns of more than £25 million on their investments in approximately four years. Assetz Capital says lenders earned an average of… Read More

Zopa Reports Diminishing Loss as Revenues Rise for 2016

Zopa, the first peer to peer lender to set up shop in the UK, has filed its annual accounts for 2016, and according to their numbers business is looking better. Top line revenue improved by 61% jumping to £33.2 million for 2016. The operating loss… Read More

SME Platform Grafter Quickly Overfunds on Crowdcube

Grafter, a platform that connects SMEs with local rated labor, successfully secured its initial £150,000 funding target just days after launching its equity offering on crowdfunding platform Crowdcube. Launched in June 2017 by co-founders Tom Cape and Richard Knight, Grafter manages the search process through booking… Read More

Lawrence Wintermeyer Departs Innovate Finance, Charlotte Crosswell Steps in as Interim CEO

Lawrence Wintermeyer has stepped down as CEO of Innovate Finance. Wintermeyer has been in the leadership role for the past two years following in the footsteps of the inaugural CEO Claire Cockerton. The UK based association for the global Fintech industry announced that Charlotte Crosswell… Read More

Dash Set to Host Its First Ever Global Conference in London

Dash, a payments-focused digital currency, announced on Tuesday it will host its first-ever conference, the Dash Conference, set for September 24th at the Oval Space in London, UK. According to Dash, the conference will serve as the precursor to the highly anticipated World Blockchain Forum… Read More

Crowdcube Announces Partnership With Worth Capital

On Tuesday, UK-based equity crowdfunding platform Crowdcube announced its collaboration with London-based venture capital firm Worth Capital to help support, fund and grow its network of entrepreneurs on their journey to disrupt the landscape of their sectors. The funding portal revealed: “Through this relationship, our Crowdcube… Read More

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