Tagged: united kingdom

UK Explores Possibility of New US Trade Agreement Following Brexit

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

London Fintech Startup CityFALCON Returns to Seedrs

Just a little over six months after securing more than £205,000 on Seedrs, London-based fintech startup CityFALCON has returned to the equity crowdfunding platform. The company, which was seeking to raise 150,000, has already achieved its initial funding target and is now nearing £185,000 thanks… Read More

Relendex’s Secondary Trading Platform Tops £1 Million

Relendex, a secured peer to peer lending platform, has announced that its secondary market trading has surpassed the £1 million mark. Specific details on the number or size of trades was not provided. Relendex lists loans secured by both residential and commercial property. Lenders are… Read More

Deepbridge Syndicate is a New Online Investment Platform for Healthcare Innovation

Deepbridge Capital has announced the newest entry into the investment crowdfunding space. Deepbridge Syndicate, launched this week, will provide access to investment in healthcare innovation. Deepbridge Syndicate is open to experienced investors and High Net Worth Individuals who qualify and choose to be treated as an Elective… Read More

Seedrs Wants to Boost UK’s Startup Ecosystem with Alumni Club Re-Launch

Seedrs, “the most active investor in UK private companies” is rebooting its Alumni Club portal to reposition the value proposition for early stage businesses in the UK. According to Seedrs, this relaunch comes with some prominent names dedicated to boosting UK entrepreneurs. The partner companies… Read More

Personal Styling Service The Chapar to Finish Crowdcube Round With More Than £1.2 Million

Online premium personal styling service for men, The Chapar, is set to complete its equity crowdfunding campaign on Crowdcube with more than £1.2 million in funding. The company, which launched the initiative in April, sought to raise £1 million as it prepares to expand. The Chapar… Read More

Overfunding: Redchurch Brewery Hits £400,000 Funding Target During the Final Days on Crowdcube

With its equity crowdfunding campaign on Crowdcube set to close later this evening, London-based Redchurch Brewery has secured its initial £400,000 funding target thanks to more than 600 investors. This funding round comes less than one year after the brewery company secured nearly £500,000 through… Read More

UK Fintech Company PayBreak Secures 24.5 Million Investment Through Fundraising Round

London-based fintech company, PayBreak, announced it raised £24.5 million during its latest fundraising round. According to the company, the round was supported by existing shareholders and saw new investors as well. Speaking about the round, managing director of PayBreak, Julia Throop stated: “The fundraising shows… Read More

WeSwap, a Peer to Peer Travel Money Exchange, Announces New Features

Peer-to-peer travel money exchange WeSwap has announced new developments for the business and its travel partners. The company has launched “WeSwap Connect“, one-click API that integrates WeSwap’s travel money services with partners’ businesses. WeSwap’s app allows holiday makers to swap their currency with people traveling in… Read More

FCA Chairman John Griffith-Jones Confirms Departure in 2018

The Chairman of the Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR) John Griffith-Jones has confirmed his intent to depart both agencies at the end of his term in March 2018.  Griffith-Jones was appointed as the first FCA Chair in 2013, He became Chair… Read More

Pivot? OFF3R Wants to Become “Money Supermarket”

OFF3R is a UK based aggregator of alternative investments. The platform integrates opportunities within equity crowdfunding, peer to peer lending, real estate and more. At last count OFF3R hosts offers from 36 different UK platforms. Today in a report on P2PFinanceNews, OFF3R is revealing it… Read More

Update: Powervault Surpasses £750,000 Funding Target Through Latest Crowdcube Campaign 

Just a little over two weeks after launching its latest equity crowdfunding campaign on Crowedcube, UK-based Powervault has successfully secured its initial £750,000 thanks to more than 440 investors. As previously reported, this is the fourth Crowdcube raise that Powervault has launched. The home battery system… Read More

RateSetter Update: Decides to Not Go Ahead With George Banco Partnership

Last month, RateSetter announced it was entering a partnership with George Banco and acquiring an equity stake in the personal loan provider company. Unfortunately, RateSetter revealed earlier this month that it has decided to pull out of the partnership after all. As previously reported, George Banco… Read More

The University of Cambridge Launches the 2016-17 European and Africa & Middle East Alternative Finance Industry Surveys

The Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business School has launched its third European benchmarking survey and the second survey for Africa and the Middle East. The two separate research initiatives will review the emerging alternative finance markets in each… Read More

Techstars Alums drfocused & PlanSnap Seek Funds on Crowdcube

Techstars accelerator program alums, drfocused and PlanSnap, have recently launched campaigns on equity crowdfunding platform, Crowdcube. drfocused, which has designed software to help doctors complete their work faster, is currently seeking £300,000, while social planning app PlanSnap is looking to raise £250,000. drfocused helps doctors complete their work faster… Read More

Misys & D+H Combine to form Finastra: “World’s Third Largest Fintech”

Misys and D+H have combined their two firms to create a diversified global financial software provider. The company says the merger, announced earlier this year, creates an unmatched operation in terms of depth and breadth of solutions. Operating under the new company name Finastra, management… Read More

Halo Coffee Seeks £1.6 Million on Growthdeck

Halo Coffee London Limited is raising £1.6 million for a 21.6% equity stake on crowdfunding platform Growthdeck. The campaign currently has raised £242,000 from 14 investors. The EIS eligible investment is targeting an IRR of 61.%. Gary Robins, Head of Investment at Growthdeck, said they… Read More

Former Natwest Exec Joins Thincats

Former Natwest executive John Brooks is the latest hire to join ThinCats, a leader in the alternative lending industry. Brooks spent 42 years working with UK businesses at Natwest – 30 years of which he spent working within different areas of the SME market. In… Read More

Leather Bag Company Beara Beara Returns to Crowdcube to Raise £380,000 For New Factory & London Expansion

Less than three years after successfully securing £203,000 through Crowdcube, leather bag company, Beara Beara, has returned to the equity crowdfunding platform to raise £380,000 as it plans to establish a new factor and open a larger store in London. Beara Beara currently has shops… Read More

Online Lender Credit Peers Secures £45 Million Credit Line

UK-based peer to business property lender, Credit Peers, announced on Tuesday it has secured a £45 million credit line from a European investment management firm. This news comes just a few months after the lender launched its platform.  As previously reported, The online lender allows individuals to lend… Read More

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