Tagged: united kingdom

April 15, 2017 @ 11:12 am By Samantha Hurst  |  

Online florist marketplace, Floom, successfully completed its equity crowdfunding campaign on Crowdcube. The platform successfully secured its initial £390,000 funding target last week and finished the round with £520,000 from 343 investors. Floom, which was founded by Lana Elie, is designed to solve the problem… Read More

April 14, 2017 @ 10:38 am By Samantha Hurst  |  

Nutrition app developer Nutrifix is set to complete its equity crowdfunding campaign on Crowdcube with more than £200,000 in funds from over 380 investors. The initiative was launched last month and was seeking £150,000. Nutrifix, which was founded by qualified personal training and former semi-professional rugby player, Joel… Read More

April 13, 2017 @ 3:51 pm By Samantha Hurst  |  

Skipping Rocks Lab, the company behind the product, Ooho!, successfully completed its equity crowdfunding campaign on Crowdcube less than a week after its debut. The company reported it raised £850,000 in funds (although the campaign reports that the company only raised£799,990). As previously reported, Skipping Rocks Lab described… Read More

April 13, 2017 @ 12:34 pm By JD Alois  |  

BrewDog released impressive news this week. The UK-based craft brewery received £213 million for a 22% investment from private equity firm TSG – an entity with $5 billion in assets under management. The investment delivered a £1 billion valuation on the fast growing brewery –… Read More

April 13, 2017 @ 12:24 pm By Samantha Hurst  |  

Less than two years after securing more than £1 million through its first Crowdcube campaign, cycling clothing brand Vulpine has returned to the equity crowdfunding platform seeking £750,000. As previously reported, Vulpine was founded in 2012 by cyclist, Nick Hussey. The company stated it is hoping… Read More

April 13, 2017 @ 11:13 am By Cole Lyons  |  

Earlier this week, Fintech firm Meniga raised €7.5 million in investments for their digital banking platform. This money was invested, or rather reinvested, primarily by Nordic venture capitalists. Leading this round of funding was Industrifonden, a venture capital firm based in Norway. They were joined by… Read More

April 13, 2017 @ 10:57 am By Samantha Hurst  |  

Humaniq, a UK-based blockchain financial platform offering financial inclusion solutions for the unbanked, announced on Wednesday it appointed a new CEO, Dinis Guarda, and also 20 members to its global advisory board. Sharing details about the appointments, Alex Fork, President and co-Founder of Humaniq, stated:… Read More

April 13, 2017 @ 9:27 am By Samantha Hurst  |  

OFF3R, a UK based aggregator of alternative finance platforms, released its latest installment of the OFF3R Index that revealed more than £40 million was invested in early stage businesses in March 2017 through equity crowdfunding platforms in the UK. The company states this new record-breaking figure smashes… Read More

April 13, 2017 @ 8:35 am By JD Alois  |  

Assetz Capital, a UK-based peer-to-peer finance platforms, has raised the interest rate on its 30 Day Access Account (30DAA) by 0.5% to 4.75% for a limited time.  The 30DAA allows peer-to-peer lenders to invest automatically in loans and features automatic diversification to spread risk. The… Read More

April 13, 2017 @ 7:54 am By JD Alois  |  

Crowdcube has announced the completion of its first batch of secondary transactions on their crowdfunding platform. The serviced was initially tipped for release last year during Crowdcube’s self-crowdfunding round that raised £6.6 million.  Incorporating secondary transactions is an important step in the crowdfunding platform as… Read More

April 12, 2017 @ 3:18 pm By Samantha Hurst  |  

UK-based peer-to-peer lending platform Lending Works announced on Wednesday £8.8 million has been invested into the company’s Individual Savings Account (ISA) since its launch on February 8th. The online lender claims to be the first member in the peer-to-peer lending industry to launch its ISA. Lending Works… Read More

April 12, 2017 @ 1:26 pm By JD Alois  |  

Affirming the future of Fintech, Rt. Honorable Liam Fox, MP, Secretary of State for International Trade, delivered a closing speech to the inaugural International FinTech Conference organized by DIT and HMT. Fox stated; “Never before have prospects been so great. Never before has investment in… Read More

April 12, 2017 @ 7:57 am By JD Alois  |  

Biotech company Celixir has initiated a share-back for early investors. The company is offering shareholders a 2.7x return if they accept the offer. According to the company, 18% of Celixir shareholders have decided to accept the offer with the remaining holding their shares with the… Read More

April 11, 2017 @ 10:37 pm By JD Alois  |  

Draper Esprit (AIM: GROW, ESM: GRW), a publicly traded venture capital firm, has provided an update since its IPO back in June 2016.  According to management, the VC has been “very active” since its admission to AIM & ESM. Draper Esprit was originally launched in… Read More

April 11, 2017 @ 4:49 pm By Samantha Hurst  |  

Skipping Rocks Lab, the company behind the product, Ooho!, has successfully secured its initial £400,000 funding target through Crowdcube. The company launched the initiative a few days ago and attracted nearly 450 investors already. The company described Ooho! as a sustainable packaging alternative to plastic bottles… Read More

April 11, 2017 @ 3:04 pm By Samantha Hurst  |  

Core Collective, a London-based premium pay-as-you-go fitness studio, has successfully secured its initial £1.1 million funding target through its equity crowdfunding campaign on Seedrs. The company is now nearing £2 million. As previously reported, Core Collective reports that bookings are its first studio have risen, and it is… Read More

April 11, 2017 @ 1:58 pm By Samantha Hurst  |  

Hope, a British womenswear fashion brand, is currently seeking 500,000 through its equity crowdfunding campaign on Crowdcube. Founded in 2015 by Nayna McIntosh, the company is in its fourth collection and has attracted attention from former M&S CEO, Stuart Rose. The brand revealed that it… Read More

April 11, 2017 @ 9:53 am By Samantha Hurst  |  

Online lender focusing on SME loans, Growth Street, announced on Tuesday it has appointed April Nardulli as its new General Counsel and Chris Weller as its new Commercial Director.  According to Growth Street, Nardulli has previous experience in London’s fintech industry and most recently held the senior regulatory counsel position… Read More

April 10, 2017 @ 1:51 pm By JD Alois  |  

Naqoda, a provider of software and services to the financial industry, has announced the release of its core banking software that will allow existing banks, challenger banks, retail entrants and others to deliver an “omnichannel banking” experience to their customers. The release follows the implementation of… Read More

April 10, 2017 @ 11:50 am By JD Alois  |  

Diversification is key to driving returns when it comes to investing. This is even MORE important regarding investing in early stage companies which are risky but have the potential to deliver better returns. The data is irrefutable: investing in early stage companies can drive solid… Read More