Tagged: united kingdom

August 21, 2017 @ 6:00 pm By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) has become the standard by which everyone measures the growth and aggregate success of the alternative finance industry. Cambridge was the first major institution to capture a snapshot, both qualitatively and quantitatively, on the emergence of crowdfunding, online… Read More

August 21, 2017 @ 3:35 pm By Samantha Hurst  |  

With its equity crowdfunding campaign set to close on Crowdcube later this week, Money Dashboard, a UK-based firm that has created a personal finance management app, has successfully secured its initial £1 million funding target from more than 1300 investors. Money Dashboard’s app notably empowers more than 100,000… Read More

August 21, 2017 @ 3:15 pm By JD Alois  |  

Last week, Funding Circle celebrated seven years of operation. Launched in August of 2010, three friends from university concocted the concept of peer to peer lending in support of UK SMEs. That first year of operation saw a mere £2 million in loans originated. Today,… Read More

August 21, 2017 @ 10:57 am By Samantha Hurst  |  

On Monday, UK-based higher education lending platform, Prodigy Finance, announced it secured $240 million for international student funding. According to the online lender, the new investment includes a $40 million Series C equity round, led by international venture capital firm Index Ventures, with Balderton Capital… Read More

August 20, 2017 @ 9:24 pm By JD Alois  |  

IVC, one of the original venture capital firms on Sand Hill Road in Silicon Valley, is poised to take a substantial stake in Fintech unicorn Transferwise. This is a according to a report by Sky News that indicated IVP would invest approximately $60 million in the… Read More

August 20, 2017 @ 10:01 am By Martin Graham  |  

Narrowly looking only at a company’s published financial accounts when investing in it could prove to be a costly mistake. Every company is also about people, and every company is only as good as the people who embody its mission. Quantitative assessment of a company… Read More

August 19, 2017 @ 4:17 pm By Samantha Hurst  |  

On Friday, P2P lending platform RateSetter announced it has withdrawn from the Peer-to-Peer Finance Association (P2PFA). This news comes less than a month after the online lender was hit with a series of significant operational challenges as several large loans have struggled. RateSetter stated; “Following our… Read More

August 19, 2017 @ 11:57 am By Samantha Hurst  |  

With its equity crowdfunding campaign set to close on Crowdcube at the beginning of September, Enertor, an insole company that is endorsed and worn by Olympian Usain Bolt, has successfully secured more than 91% of its £750,000 funding target. Enertor previously stated that its insole… Read More

August 18, 2017 @ 9:12 am By Samantha Hurst  |  

On Friday, UK-based peer-to-peer lending platform Landbay announced the completion of its latest crowdfunding round on Seedrs, which attracted a grand total of £2,440,266. Gray Stern, co-founder and chief commercial officer at Landbay, revealed to UKTN (formerly Tech City News): “This was a bridge round funded by… Read More

August 17, 2017 @ 10:33 am By Samantha Hurst  |  

Crowdcube announced on Thursday it has formed a partnership with London’s brand new Sport Tech Hub, a hub that creates a platform for both startups and entrepreneurs within the sports tech space. The equity crowdfunding platform stated it offers Sport Tech Hub member teams the… Read More

August 17, 2017 @ 9:47 am By Samantha Hurst  |  

Hybrid estate agent, Vesper Homes, is currently seeking a minimum of £100,000 through its equity offering on crowdfunding platform Seedrs. The company is currently offering 8% in equity, with a valuation of £1,150,800. The company stated that it offers users all of the same services… Read More

August 17, 2017 @ 9:14 am By Samantha Hurst  |  

On Thursday, online lender Funding Circle announced it has formed a strategic partnership with Dutch financial services group, Aegon, to support the growth of UK small businesses. According to Funding Circle, Aegon is set to invest in loans to UK small businesses through its lending… Read More

August 16, 2017 @ 3:06 pm By Samantha Hurst  |  

On Wednesday, self-described millennial media company The Market Mogul announced it was officially extending its equity crowdfunding campaign on Crowdcube. This news comes just after the company raised more than £425,000 from more than 500 investors. The Market Mogul was founded in 2013 by CEO Rav Singh Sandhu… Read More

August 16, 2017 @ 9:36 am By Samantha Hurst  |  

LendInvest announced on Tuesday it has appointed Andy Virgo as its first Business Development Manager (BDM) for the South of England. Virgo notably brings thirty years of experience in both mortgage sales and broking to the position and will be responsible for sourcing deals across the… Read More

August 15, 2017 @ 1:43 pm By Samantha Hurst  |  

Money Dashboard, a UK-based firm that has created a personal finance management app, announced on Monday it has attracted 1,000 investors through its equity crowdfunding campaign on Crowdcube. The company launched the initiative earlier this month, seeking £1 million. As previously reported, the app notably… Read More

August 15, 2017 @ 10:16 am By JD Alois  |  

4thWay, a peer to peer lending comparison platform, is out with a note that cautions users on the utilization of six money comparison websites stating they display “wildly inaccurate information about peer-to-peer lending.” Neil Faulkner, co-founder and managing director of 4thWay, commented on the report; “When… Read More

August 15, 2017 @ 8:07 am By JD Alois  |  

Peer to peer lender ThinCats has facilitated a £2.4 million loan for the Academy of Contemporary Music (ACM) as part of a growth initiative by the Academy. Founded in 1997 to provide higher education courses for students in the contemporary music and arts arena, ACM… Read More

August 14, 2017 @ 4:11 pm By Samantha Hurst  |  

The Market Mogul, a self-described millennial media company that publishes unique perspectives on main global events, is set to close its equity crowdfunding campaign on Crowdcube with more than £400,000 in funding. The initiative was launched last month and quickly secured its initial £300,000 funding target within… Read More

August 14, 2017 @ 11:28 am By Samantha Hurst  |  

Although its equity crowdfunding campaign is set to close at the end of August, modular contemporary company nHouse announced plans to complete the funding round on Crowdcube earlier than expected.  The company, which launched its initiative last month, quickly secured its initial £495,000 funding target and… Read More

August 11, 2017 @ 4:38 pm By Samantha Hurst  |  

Tom Foster-Carter, Co-Founder of fintech startup Curve, has joined challenger bank Monzo as its new Chief Operating Officer. Foster-Carter’s departure comes less than a month after the London-based company secured $10 million through its Series A funding round. According to TechCrunch, Curve shared details about Foster-Carter… Read More