Tagged: united kingdom

May 17, 2017 @ 3:26 pm By JD Alois  |  

Growth Capital Ventures (GCV) says it is ready to help fuel early stage companies in the North with a £57.5 million investment fund. GCV said it is working with Maven Capital Partners to help fund promising businesses. In late 2016, Maven invested £1.1 million in… Read More

May 16, 2017 @ 4:34 pm By JD Alois  |  

One of the most challenging problems with perk-based crowdfunding is that too frequently project creators fail to deliver. While outright fraud may be rare, projects that don’t deliver or over-promise and under-deliver is commonplace. This has undermined the entire ecosystem as backers have become wary… Read More

May 16, 2017 @ 1:03 pm By JD Alois  |  

There has been much discussion about the potential of investment crowdfunding to empower women and minorities. Occasionally we receive data or research that shares encouraging information that underserved communities are benefiting by newfound sources of capital. Recently, I saw a datapoint on Crowdcube, the largest… Read More

May 16, 2017 @ 7:38 am By JD Alois  |  

Peer to peer property lender Lendy has surpassed £310 million in originations with £50 million coming in last 100 days. The P2P lender states that investors and developers are responding to post-Brexit slowdown in bank lending.  Lendy adds that quick turnaround, security and low Loan… Read More

May 15, 2017 @ 7:50 am By Samantha Hurst  |  

Less than one week after launching its equity crowdfunding campaign on Crowdcube, UK-based sports nutrition brand, TRIBE, has surpassed its initial £1 million funding target thanks to nearly 850 investors. The company reported that in the past 18 months since the founders quit their jobs to… Read More

May 14, 2017 @ 11:02 pm By JD Alois  |  

MarketInvoice, a UK based invoice financing platform, has received a £45 million lending commitment from Portuguese bank BNI Europa. “We are proactively working with Fintech businesses globally that prescribe to our vision of providing low-cost, innovative products with exceptional customer service. MarketInvoice has consistently delivered… Read More

May 14, 2017 @ 7:01 pm By JD Alois  |  

Tennis star and Seedrs advisor Andy Murray has invested in three early-stage UK businesses. The Seedrs listed companies include Den, Morpher and Landbay. Murray’s Seedrs originated portfolio now stands at over 20 companies, according to the platform.  As has been the case in the past, Murray… Read More

May 13, 2017 @ 11:54 am By Samantha Hurst  |  

Primordial Radio, a rock and metal entertainment service that combines the freedom of streaming with the intimacy of a radio, has recently launched its equity crowdfunding campaign on Seedrs to raise £130,000.  According to Primordial Radio, the platform serves the UK rock and metal community…. Read More

May 13, 2017 @ 11:19 am By Samantha Hurst  |  

Moldable glue company Sugru secured £2 million during its second equity crowdfunding campaign on Crowdcube. The round, which was originally seeking £1.5 million, was completed on Friday evening. Sugru currently has its products being sold and used in more than 170 countries with patents granted in Europe, the… Read More

May 13, 2017 @ 10:56 am By JD Alois  |  

GLI Finance (LSE:GLIF) has announced a change in senior management. Russell Harte, Chief Operating Officer, will be leaving GLI on July 1st, 2017. Aaron Le Cornu, most recently CFO of Elian, will then replace Harte as Chief Operating Officer. Le Cornu’s role will include both GLI… Read More

May 12, 2017 @ 3:26 pm By Samantha Hurst  |  

UK-based Derby Brewing Co. announced on Friday it has officially extended its equity crowdfunding campaign on Crowdcube. This news comes just a couple of weeks after the brewery increased its equity offering from 3.86% to 6.5% through the funding round and decreased its initial valuation from £12,459,364… Read More

May 12, 2017 @ 11:48 am By JD Alois  |  

Yielders, and Islamic crowdfunding investment property platform, is out with a note saying non-Muslims now make-up over a third of users on the site. Yielders is a UK-based Fintech platform that offers ethical and Sharia compliant property investment through crowdfunding. The company said that a growing… Read More

May 12, 2017 @ 11:28 am By Samantha Hurst  |  

8O8 Drinks Company, a London-based whisky brand, has launched an equity crowdfunding campaign on Seedrs to raise £300,000 as it prepares for expansion. Founded in 2014 by co-founders, Tommy Danvers and Paul Pullinger, 8O8 is described as a fresh and modernized whisky for the younger generation. It… Read More

May 12, 2017 @ 11:08 am By Samantha Hurst  |  

Just one year after securing £300,000 through its first equity crowdfunding campaign on Crowdcube, education technology company, TeachPitch, has returned to the funding portal, seeking an additional £400,000 as it prepares to expand commercially into Asia. According to its description, TeachPitch was created to tackle… Read More

May 12, 2017 @ 9:46 am By Samantha Hurst  |  

UK-based peer-to-peer lender Assetz Capital announced on Friday it is extending the deadline on its 30-Day Access Account promotional rate from May 11th to midday on June 6th. According to the online lending platform, since the rate increase went live on April 13th, investors have had access to a target, capped return of 4.75% per annum… Read More

May 11, 2017 @ 4:52 pm By Samantha Hurst  |  

On Thursday, British womenswear fashion brand Hope surpassed its initial £500,000 funding target on equity crowdfunding platform, Crowdcube. This news comes just a few day after the company announced the initiative’s extension. Founded in 2015, Hope aims to attract women of all shapes, sizes, and ages… Read More

May 11, 2017 @ 3:53 pm By Samantha Hurst  |  

With its latest equity crowdfunding round on Crowdcube set to close tomorrow (May 12th), moldable glue company Sugru has successfully secured over £1.8 million. The initiative made its debut in March with a funding target of £1.5 million and was extended in April to attract more… Read More

May 11, 2017 @ 12:58 pm By Samantha Hurst  |  

Innovate Finance, the membership association for global fintech, announced on Thursday it sought support from UK Government, as well as political parties across the spectrum, for its Fintech Election Pledge. While sharing details about the Fintech Election Pledge initiative, Innovate Finance stated: “The United Kingdom’s digital… Read More

May 11, 2017 @ 10:25 am By JD Alois  |  

Beauhurst is out with a quarterly report on the status of equity crowdfunding in the UK. According to their numbers, the first quarter of 2017 saw 82 deals raise in excess of £47 million.  How does this compare versus year prior quarter? Good question. It… Read More

May 9, 2017 @ 10:34 am By Samantha Hurst  |  

London-based music streaming service, BlueJay Music, has completed its equity crowdfunding round on Invesdor with nearly £155,000 in funding. The platform launched the initiative in March, seeking £150,000. During the final week, the funding target was achieved. The music platform claimed it adds a new dimension… Read More