Tagged: united kingdom

March 24, 2017 @ 5:37 pm By Samantha Hurst  |  

  UK-based fashion brand, ME+EM, is set to close its equity crowdfunding campaign on Crowdcube this evening. The company launched the initiative last month, seeking £700,000. It will be finishing the round with nearly £1.4 million. ME+EM was founded by Clare Hornby in 2009, and… Read More

March 23, 2017 @ 11:14 pm By JD Alois  |  

The US Fintech marketplace is saddled with 50 different state regulators and innumerable federal agencies touching financial services. The UK is dealing with Brexit ramifications and its divorce proceedings with continental Europe. Meanwhile, the European Commission is considering passporting Fintech services in recognition of the profound benefits… Read More

March 23, 2017 @ 3:57 pm By Samantha Hurst  |  

Just a few months after securing £408,315 through its equity crowdfunding campaign on Seedrs, social marketplace for bicycle sharing Cycle.Land announced it has expanded into Cambridge. Cycle.Land was founded in early 2016 and received support from Oxford University Innovation Incubator and launched in Oxford shortly after. The website claims… Read More

March 23, 2017 @ 1:11 pm By Samantha Hurst  |  

UK-based equity crowdfunding platform Crowdcube announced on Thursday its 2017 first quarter results. The infographic released shows key stats from the funding portal, which includes its top sectors to raise finance for, the gender split, most popular business locations, and Funded Club milestones. The release of… Read More

March 23, 2017 @ 11:50 am By JD Alois  |  

OFF3R is out with an updated report on the UK equity crowdfunding market and, according to their numbers, this sector of finance has bounced back from a January slump.  As we last reported, OFF3R said that peer to peer lending remained strong in January but… Read More

March 23, 2017 @ 1:32 am By JD Alois  |  

If Amazon built a bank, would it aspire to be like Revolut? I don’t know about that, but the Revolut Premium Membership is something I want. Now. London-based Fintech startup Revolut has launched its vision of Premium Membership in a world populated by stiff and… Read More

March 22, 2017 @ 12:04 pm By Samantha Hurst  |  

Pepper, a software platform that creates merchant branded apps to drive loyalty and increase customer spending, has successfully secured its initial £500,000 funding target from more than 150 investors on equity crowdfunding platform Crowdcube. The company, which was launched in 2015, is currently live in… Read More

March 22, 2017 @ 10:55 am By JD Alois  |  

The UK has sent a delegation to Australia to chat up Fintech opportunities. Both the UK and Australia recognize the importance of fostering a robust Fintech ecosystem and the two countries are naturally aligned. The UK is leading the charge on Fintech entrepreneurship and the… Read More

March 22, 2017 @ 10:27 am By Samantha Hurst  |  

Specialist provider of P2P and marketplace lending products and services, Goji, announced on Wednesday it is launching a diversified peer-to-peer lending bond. The company reports that this bond will open access for financial advisers and wealth managers to the fast-growing and attractive P2P and direct lending… Read More

March 22, 2017 @ 10:12 am By JD Alois  |  

Xero has announced a series of new agreements to integrate a handful of online lending platforms. Xero has added MarketInvoice, iwoca, and DueCourse to its software platform. Xero is an online accounting software designed for small business and their advisors. The company currently has over… Read More

March 22, 2017 @ 9:09 am By JD Alois  |  

The Innovative Finance ISA (IFISA) is a new investment vehicle that remains relatively underutilized. As we wrote yesterday, one platform estimated that about 50% of the UK market is totally unaware of the retirement saving option. As we near the 2016/2017 tax year end, IFISA… Read More

March 22, 2017 @ 8:57 am By Samantha Hurst  |  

Innovate Finance, the membership association for UK’s global fintech sector, announced on Wednesday the finalists for Pitch360, the organization’s first fintech startup competition, which takes place on day two of Innovate Finance’s prestigious global summit at Guildhall London on April 11th. Applications for the pitch session… Read More

March 21, 2017 @ 4:16 pm By JD Alois  |  

The Commonwealth Bank of Australia (CBA) and Austrade have signed a new collaboration agreement designed to improve the flow of Fintech innovation between the UK and Australia. Austrade is the Australian government’s ministry of Trade, Tourism and Investment. The agreement is said to be used… Read More

March 21, 2017 @ 3:21 pm By Samantha Hurst  |  

With its Crowdcube campaign set to close this upcoming Friday, fashion brand ME+EM is nearing £1.25 million thanks to more than 750 investors. Prior to the campaign’s debut, ME + EM secured £400,000 from lead investors. ME+EM describes itself as a UK fashion in the direct-to-consumer… Read More

March 21, 2017 @ 3:02 pm By Samantha Hurst  |  

Last week, Trust for London and City Bridge Trust announced they have teamed up to provide £100,000 to through the Improving Life of Londoners Fund. The initiative was launched on crowdfunding platform, Crowdfunder UK.  While sharing details about the Improving Life of Londoner Fund, the organizations… Read More

March 21, 2017 @ 11:10 am By JD Alois  |  

The Innovative Finance ISA or IFISA was has been pitched as a good investment option for savers.  The new retirement vehicle allows individuals to invest in peer to peer lending assets that may provide a better risk-adjusted return for investors. There is a growing number… Read More

March 21, 2017 @ 10:58 am By Samantha Hurst  |  

The Funky Iron Company, a UK-based company that designs, manufactures, and distributes of stylish, functional electric steam irons, successfully completed its first Seedrs crowdfunding round. The company originally sought to raise £100,000 and raised £137,852. As previously reported, founders Joe and Sadie Sillett, revealed the company’s concept and development:… Read More

March 21, 2017 @ 9:43 am By Samantha Hurst  |  

UK-based microscope company ioLight has successfully secured its initial £250,000 funding target during its second equity crowdfunding campaign on Crowdcube. ioLight, which was founded in 2014 by Andrew Monk and Richard Williams, is the maker of a high-resolution portable microscope that displays images directly on tablets or smartphones…. Read More

March 21, 2017 @ 9:07 am By Samantha Hurst  |  

Peer-to-peer lending platform Assetz Capital recently announced it is maintaining its 5 Star Rating from Defaqto in the independent financial information business’ “Loan Based Crowdfunding” category. The online is now one of only two platforms to have achieved the highest rating awarded by Defaqto.  Assetz Capital reports that… Read More

March 21, 2017 @ 7:47 am By JD Alois  |  

UK based Madiston has shared that FinBee, the first licensed peer to peer lender for SMEs in Lithuania, has launched using Madiston tech. FinBee has already been in operation providing consumer loans using the Madiston platform. The company is extending the arrangement to move into… Read More