Tagged: united kingdom

April 1, 2017 @ 10:13 am By Samantha Hurst  |  

Just a few months after announcing Zopa is creating the next generation challenger bank at AltFi Europe, CEO of the peer-to-peer lending platform, Jaidev Janaradana, revealed more details about the bank’s creation at the AltFi Europe Summit last month. While sharing details about the bank progress,… Read More

March 31, 2017 @ 4:22 pm By Samantha Hurst  |  

UK-based The Wild Beer Co. is set to close its equity crowdfunding campaign on Crowdcube with more than £1.78 million in funding from nearly 2,000 investors. The brewery launched the initiative last month and quickly raised its initial £1 million funding target. The Wild Beer Co. was launched in… Read More

March 31, 2017 @ 12:44 pm By Samantha Hurst  |  

UK-based peer-to-peer lending platform Landbay has reportedly reduced its product rates and fees. According to various sources, Landbay’s rates are now starting at 3.39% for a 2-year fix and 3.59% for a 5-year fix, with arrangement fees up to 75% on standard products, which were… Read More

March 31, 2017 @ 10:04 am By Samantha Hurst  |  

UK-based peer-to-peer finance platform Assetz Capital announced on Friday it has officially provided £30 million in funds for the development of renewable energy projects throughout Britain. The online lender revealed that during the past three years it has funded nearly 40 green energy projects, with… Read More

March 31, 2017 @ 8:25 am By Samantha Hurst  |  

Less than three weeks after launching its equity crowdfunding campaign on Crowdcube, nutrition app, Nutrifix, has successfully secured its initial £150,000 funding target from nearly 200 investors. As previously reported, Nutrifix was founded by qualified personal training and former semi-professional rugby player, Joel Burgess and claims… Read More

March 31, 2017 @ 7:44 am By Cole Lyons  |  

An additional 33 companies have registered for the UK’s Women in Finance Charter, the ground-breaking piece of legislature aimed to conquer gender inequality. This announcement arrives on the very first anniversary of the charter, which now includes 122 firms, over half a million people in… Read More

March 30, 2017 @ 3:51 pm By Samantha Hurst  |  

UK-based equity crowdfunding platform Crowdcube announced on Wednesday it has formed a new partnership with Amazon Web Services. This new collaboration will help the funding portal provide eligible companies with membership to the Activate program. The Activate program is described as the following: “Amazon Web Services provides… Read More

March 30, 2017 @ 11:56 am By Samantha Hurst  |  

Pepper, a software platform that creates merchant branded apps to drive loyalty and increase customer spending, is set to close its equity crowdfunding campaign on Crowdcube with nearly £750,000 in funding. The website launched the initiative earlier this month and quickly secured its initial £500,000 funding… Read More

March 29, 2017 @ 1:18 pm By Samantha Hurst  |  

Fintech company, Quint Group, announced on Wednesday it secured £10m financing deal from Manchester based Tosca Debt Capital to fund its recapitalization. The company, which was founded in 2009, is behind the UK-based growing consumer price comparison site, MoneyGuru.  Quint also owns and operates a… Read More

March 29, 2017 @ 7:49 am By JD Alois  |  

Theresa May has signed the letter that will formally separate the UK from its 43 year membership in the European Union. As the UK initiates Article 50, Lawrence Wintermeyer, CEO of Innovate Finance – the advocacy group that supports all things Fintech – is out with… Read More

March 28, 2017 @ 3:50 pm By Samantha Hurst  |  

Less than three years after securing £374,213 through its Indiegogo campaign, Tens, the creator of real life photo filtering sunglasses, has launched a reward-based crowdfund campaign through Indiegogo’s competitor, Kickstarter. Originally seeking £10,000, the company’s initiative has already secured its funding target and is nearing £30,000. The… Read More

March 28, 2017 @ 2:58 pm By Samantha Hurst  |  

With less than 24 hours until its second Crowdcube campaign comes to an end, Dragons Den alum GripIt has officially surpassed £2 million. As previously reported, GripIt describes itself as the World’s Ultimate Plasterboard Fixing. The company’s products hold extreme loads of up to 330kg (last year it was 225kg)… Read More

March 28, 2017 @ 2:07 pm By Samantha Hurst  |  

UK-based peer-to-peer-secured lending platforms, Lendy, announced on Tuesday it is integrating its popular investor-facing platform, Saving Stream, under its Lendy brand as part of the platform’s continued growth. According to the company, it is merging Saving Stream, with its borrower-facing brand, Lendy Finance, in order to simplify… Read More

March 28, 2017 @ 7:46 am By Samantha Hurst  |  

Less than two years after securing £3.39 million through its first equity crowdfunding campaign on Crowdcube, moldable glue maker, Sugru, has returned to the funding portal seeking a minimum of £1.5 million. The company, which was co-founded by CEO Jane ni Dhulchaointigh, now has its… Read More

March 28, 2017 @ 7:19 am By Samantha Hurst  |  

Peer-to-peer real estate lending marketplace, Relendex, announced on Tuesday it received full authorization from the from the Financial Conduct Authority (FCA). The online lender confirmed that this new milestone would allow it to launch its new Innovative Finance ISA giving retail investors unparalleled tax efficient lending… Read More

March 27, 2017 @ 4:41 pm By Samantha Hurst  |  

BlueJay Music, a London-based music streaming service, has recently launched an equity crowdfunding campaign on Invesdor. The company is currently seeking a minimum of £150,000 (max £300,000) as it prepares for expansion. The company claimed it adds a new dimension to online music. Users just simply… Read More

March 27, 2017 @ 7:53 am By JD Alois  |  

The Financial Conduct Authority (FCA) is holding a two-day event this week focusing on the emerging InsurTech sector. The InsurTech Forum will take place on March 28 and 29 and is part of the Project Innovate initiative. The InsurTech forum will discuss developments in the market and… Read More

March 27, 2017 @ 7:33 am By JD Alois  |  

LendInvest and Pepper UK have formed a partnership where Pepper UK will take all responsibility for servicing all new loans originated on the LendInvest platform. Effectively, LendInvest has outsourced its entire loan servicing part of the business. The agreement should allow LendInvest to focus more… Read More

March 25, 2017 @ 12:29 pm By Samantha Hurst  |  

Independent wine merchant and wine bar concept, Humble Grape, has successfully secured more than £850,000 out of its £1 million funding target through its new equity crowdfunding campaign on Seedrs. The funds will be used for the company’s expansion.  As previously reported, back in 2014,… Read More

March 25, 2017 @ 10:49 am By Samantha Hurst  |  

With less than 24 hours until its first equity crowdfunding campaign on Crowdcube comes to an end, UK-based home security company Cocoon is nearing £2.4 million in funding from close to 1,100 investors. The company launched the initiative last month, seeking £2 million. This isn’t the first… Read More