Tagged: united kingdom

August 11, 2017 @ 4:13 pm By Samantha Hurst  |  

On Friday, online lender Zopa announced an update on its loan sale pricing. The lending platform reported that it has made some changes to how it works out the value of loans for more accurate pricing. But, due to technical issues, some investors may have paid… Read More

August 11, 2017 @ 11:42 am By Samantha Hurst  |  

ICONOMI, the globally licensed and regulated bitcoin exchange, announced on Friday it has named London-based Columbus Capital its first asset management partner. According to the company, Columbus Capital has been selected to main and grow three funds, comprised entirely of blockchain-based assets. The company also revealed the… Read More

August 11, 2017 @ 11:13 am By Samantha Hurst  |  

With its latest Crowdcube campaign set to close in less than two weeks, online beer retailer Beerbods has successfully secured its initial £250,000 funding target thanks to nearly 275 investors.  As previously reported, the company launched the initiative as it prepares to expand its online retailing… Read More

August 10, 2017 @ 7:37 am By JD Alois  |  

There has been an executive change at on the leading investment crowdfunding platforms in the UK. Seedrs has announced that Jeff Kelisky, formerly COO at Seedrs, has been promoted as the Chief Executive Officer of the company. Jeff Lynn, co-founder of the company, will step… Read More

August 9, 2017 @ 3:58 pm By JD Alois  |  

Last month PwC and the Crowdfunding Center partnered on a report regarding women and crowdfunding. Referencing data collected by the Crowdfunding Center that analyzed 450,000 rewards based crowdfunding campaigns, the document entitled “Women Unbound: Crowdfunding – Unleashing Female Entrepreneurial Potential,” showed that women-led campaigns reached their… Read More

August 9, 2017 @ 12:02 pm By JD Alois  |  

B2B communications and collaboration platform Okappy has successfully raised £250,000 in a crowdfunding campaign on AngelsDen. The company had sought a minimum raise of £250,000 and a max raise of £500,000 This is the second crowdfunding round for Okappy. The company applies social and market network technology… Read More

August 9, 2017 @ 11:48 am By Samantha Hurst  |  

Less than one month after announcing it was rolling out current accounts, challenger bank Monzo announced its current account preview is now available on its Android mobile app. The company revealed: “Three weeks ago today, we announced the beginning of the Monzo Current Account Preview, with… Read More

August 9, 2017 @ 9:17 am By JD Alois  |  

This is an interesting twist in the digital only challenger bank space, Tandem, one of the leading online banks, announced it will acquire 100% of Harrods Bank.  If the deal is approved by regulators, this will bring £80 million of capital into the combined business…. Read More

August 9, 2017 @ 8:39 am By JD Alois  |  

Defenx (AIM:DFX), an AIM listed cyber-security group, is issuing up to £2 million of convertible bonds using alternative finance platform UK Bond Network. UK Bond Network announced it had already arranged for £1.25 million to be underwritten. The bond will be convertible into ordinary shares at… Read More

August 8, 2017 @ 3:17 pm By Samantha Hurst  |  

British honey brand, Black Bee Honey, has successfully secured its initial £75,000 funding target during its equity crowdfunding round on Crowdcube. The company launched the campaign last month and has so far attracted nearly 200 investors to its business plan. The company, which was launched… Read More

August 8, 2017 @ 11:05 am By Samantha Hurst  |  

ThinCats, an alternative lending industry leader, announced on Tuesday it has received full authorization by the Financial Conduct Authority (FCA). According to the online lender, the approval highlights its commitment to protecting consumers and also developing the alternative finance industry as a vital source of capital… Read More

August 8, 2017 @ 8:55 am By JD Alois  |  

London-based investment manager, Downing LLP, has added Sean Moore, previously of Green Investment Bank, to its growth and energy investment team. In his new role, Moore will join the 35-strong investment team at Downing to build deal origination, with an emphasis on both growth and energy… Read More

August 8, 2017 @ 8:40 am By JD Alois  |  

LendIt Europe, a Fintech and lending conference, and Startupbootcamp FinTech, a leading global Fintech accelerator, have announced the judging panel for the second annual PitchIt Europe competition. The startup competition will take place later this fall in London and applications are being accepted now with… Read More

August 7, 2017 @ 12:08 pm By Samantha Hurst  |  

Enertor, an insole company that is endorsed and worn by Olympian Usain Bolt, is now seeking £750,000 through equity crowdfunding platform Crowdcube as part of its growth and expansion plans. The company stated that its insole uses pioneering technology to reduce shock and impact injury… Read More

August 5, 2017 @ 7:38 am By Samantha Hurst  |  

The Cheeky Panda, a 100% ultra sustainable, low carbon, bamboo tissue product brand, has successfully secured £350,000 through its equity crowdfunding campaign on Seedrs. The company launched the initiative recently and is now nearing £375,000 from more than 100 investors. Launched in 2016, The Cheeky Panda… Read More

August 4, 2017 @ 3:40 pm By Samantha Hurst  |  

HalalEat, an on-demand restaurant menu platform for Muslim consumers, has launched an equity crowdfunding campaign on Seedrs. The website is currently seeking £100,000 as it prepares to grow and expand.  Incorporated in 2013, HalalEat launched its official commercial service in October 2015 and claims it… Read More

August 4, 2017 @ 11:19 am By Samantha Hurst  |  

On Wednesday, Oxford University’s Saïd Business School announced it will launch an online short course that’s dedicated to fintech. The University launched the program with the educational technology firm, GetSmarter. The course’s description reads: “Industry experts believe that between 2 million and 6 million jobs… Read More

August 4, 2017 @ 10:53 am By Samantha Hurst  |  

Less than a year and a half after securing £2,372,790 from 1914 investors through its equity crowdfunding campaign on Crowdcube, Scotland-based brewery Innis & Gunn announced its annual gross profits have increased from£6.8 million in 2015 to £8.5 million, and annual group turnover has raised… Read More

August 3, 2017 @ 3:45 pm By Valentina Ausserladscheider  |  

At the end of June, the Cambridge Centre for Alternative Finance (CCAF) hosted its second annual conference that saw participants from the world of finance from all over the world. The conference was entitled Navigating the Contours of Alternative Finance and sought to provide a… Read More

August 3, 2017 @ 1:24 pm By Samantha Hurst  |  

nHouse,  a new modular housing brand designed by architect Richard Hywel Evans, has successfully secured its £495,000 equity crowdfunding campaign target on Crowdcube. The company launched the funding round last month and sought the funds in order to finish its prototype and secure its global intellectual property rights…. Read More