Tagged: united kingdom

July 1, 2017 @ 5:00 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has filed fraud charges against Renwick Haddow, a UK citizen living in New York. The SEC said the “clandestine founder” claimed to be the creator of a Bitcoin platform and a chain of co-working spaces located in former bars… Read More

June 30, 2017 @ 3:00 pm By Samantha Hurst  |  

The BottleShop, a craft beer importer and distributor is set to close its equity crowdfunding campaign on Crowdcube with nearly £400,000 in funding from more than 375 investors. The company originally sought to raise £350,000. The company, which currently has bars in London, Margat, and Canterbury,… Read More

June 30, 2017 @ 10:58 am By Samantha Hurst  |  

Just weeks after gaining full authorisation from the UK’s Financial Conduct Authority (FCA), social-circle peer-to-peer lender Flender announced this week it is launching an Innovative Finance ISA (IFISA) offering businesses and consumers a more tax-efficient way of investing. As previously reported, Flender secured £501,700 from more… Read More

June 29, 2017 @ 12:45 pm By Samantha Hurst  |  

P2P lender Assetz Capital announced on Thursday it not only turned a seven-figure pre-tax profit in the 2016/17 financial year, it has also reached its 20,000 investor milestone. The online lending platform confirmed: “From April 2016 to March 2017, a total of £126 million was… Read More

June 28, 2017 @ 10:30 am By Samantha Hurst  |  

InvestCloud Inc., a global fintech firm, announced on Wednesday that it is set to launch a financial technology incubator and accelerator at its European headquarters in Soho, London. The firm reported that its InvestCloud Innovation Center London will offer both new startups and established financial firms… Read More

June 28, 2017 @ 10:18 am By Samantha Hurst  |  

Mr. Lee’s Noodles, a Bournemouth-based noodle brand, has successfully secured its initial £375,000 funding target through equity crowdfunding platform Seedrs. Over 200 investors have contributed to the company’s initiative so far. The company describes its noodles as award-winning, 100% tasty, 0% nasty, gluten-free, kick-ass gourmet… Read More

June 28, 2017 @ 9:42 am By Samantha Hurst  |  

On Wednesday, equity crowdfunding platform Crowdcube announced it has joined forces with Techspace to amplify new venture opportunities for startups. This news comes just after Crowdcube revealed its partnerships with Level39, Central Research Laboratory, and Global Invest Her.  According to Crowdcube, Techspace now exists as… Read More

June 27, 2017 @ 1:55 pm By Samantha Hurst  |  

Just one day after announcing its partnerships with Global Invest Her and Central Research Laboratory, Crowdcube revealed its new collaboration with Level39. The partnership will provide a platform for startups and entrepreneurs within Level39 to access knowledge, coaching, and venture opportunities. “As a leader in… Read More

June 26, 2017 @ 8:01 am By JD Alois  |  

EXMO, a UK-based cryptocurrency exchange has added WAVES to its list of offered coins. EXMO said that it recognizes the growing popularity of the custom token platform in the crypto-domain, as well as the potential for continued interest and sustained growth of the WAVES token… Read More

June 26, 2017 @ 7:46 am By JD Alois  |  

Santander UK and Crowdfunder have jointly announced a renewal of their partnership that provides funding for social enterprises and community projects across the UK. Santander UK will provide an additional £200,000 in funding for projects sourced by Crowdfunder following a successful pilot. “At Santander supporting the… Read More

June 26, 2017 @ 7:26 am By JD Alois  |  

European multi-retailer mobile wallet in Yoyo Wallet has announced a £12 million Series B round. The funding was led by the METRO Group Wholesale & Food Specialist Company, an international specialist in wholesale and food retail with top line revenue of about €37 billion a year. METRO… Read More

June 25, 2017 @ 10:10 am By Samantha Hurst  |  

London-based Tåpped Birch Water has successfully secured its initial £200,000 funding target on Seedrs. The company launched the initiative earlier this month and has so far attracted more than 180 investors. As previously reported, Tåpped makes natural, healthy hydrating drinks from birch water, which is… Read More

June 24, 2017 @ 8:42 am By Samantha Hurst  |  

Peer-to-peer lending platform Lendy recently announced it has appointed three new senior hires to its growing team. Shane Lewin was named compliance officer, while Shaun Reynolds was appointed development finance support manager, and Pamela Guillamon was appointed international marketing manager. According to Lendy, Lewin previously… Read More

June 23, 2017 @ 12:16 pm By Samantha Hurst  |  

With its fourth equity crowdfunding campaign set to close on Crowdcube in less than two weeks, Powervault is close to securing 1 million from more than 600 investors.  The home battery system company, which was founded in 2012, currently has a pre-money valuation of more than £8… Read More

June 22, 2017 @ 1:00 pm By Samantha Hurst  |  

London-based fintech startup Blockchain announced on Thursday it has secured $40 million during its Series B funding round, which was led by Lakestar and GV (formerly Google Ventures). The company claims to be the world’s leading software platform for digital assets. It offers a large production… Read More

June 22, 2017 @ 9:47 am By Samantha Hurst  |  

WiseAlpha, a UK online lending platform that gives everyday investors access to high yield institutional bond and loan investments, is set to close its equity crowdfunding campaign on Crowdcube with more than £1.1 million secured from nearly 1,000 investors. As previously reported, WiseAlpha’s online lending platform aims… Read More

June 21, 2017 @ 4:44 pm By Samantha Hurst  |  

London-based fintech startup TrueLayer, successfully raised $3 million during its Series A funding round, which was led by Anthemis Group, with participation from Connect Ventures. The company, which was launched in a private beta earlier this year, seeks to help developers build innovative financial services… Read More

June 21, 2017 @ 2:52 pm By Samantha Hurst  |  

Crowdcube #FundedClub member, Primo Toys, has launched its third reward-based crowdfunding campaign on Kickstarter for maps and activity books, called Polar Expedition and Swarmy Swamp, that expand play and STEM learning around its multi-award winning coding system, Cubetto. This initiative comes just one year after the company… Read More

June 21, 2017 @ 7:37 am By JD Alois  |  

Beauhurst is out with some research on early stage deals in the UK for the month of May. While the total raised for these startup deals jumped dramatically to £941 million (the most ever tracked by Beauhurst in a single month) the number of deals… Read More

June 20, 2017 @ 12:49 pm By JD Alois  |  

The US Trade Representative, Robert Lighthizer, met with the UK International Trade Secretary Dr. Liam Fox yesterday. This was the first visit between the two trade reps since the UK election. According to the UK government, discussions included the possibility of a new trade arrangement… Read More