Tagged: united kingdom

March 11, 2017 @ 8:00 am By Samantha Hurst  |  

With just 24 hours left until its second equity crowdfunding campaign on Crowdcube comes to an end, online tutor marketplace Tutora is set to close the funding round with nearly £700,000 in funding. The company launched the initiative last month seeking £350,000. Tutora was launched… Read More

March 10, 2017 @ 4:33 pm By Samantha Hurst  |  

Dragons Den alum GripIt has successfully secured its second Crowdcube campaign’s initial £1.5 million funding target from 900 investors. This initiative comes less than one year after the company raised nearly £2 million from over 600 investors through its first equity crowdfunding campaign. GripIt describes itself as… Read More

March 10, 2017 @ 10:59 am By Samantha Hurst  |  

P2P lender RateSetter announced on Friday it has updated its performance statistics. According to the lending platform, a new set of fields on the Performance by year means investors may now view the amount lent by year, which is broken down by lending type. The… Read More

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

With nearly two weeks until its Crowdcube campaign comes to an end, UK-based home security company Cocoon successfully secured its new £2 million funding target (originally £2.5 million) from nearly 750 investors. Before launching the initiative, the company raised £1,025,000 from Aviva Group Holdings and Breed Reply… Read More

March 9, 2017 @ 3:40 pm By Samantha Hurst  |  

MacRebur, a UK-based company that uses waste plastics to create strong, longer-lasting roads, has competed its equity crowdfunding run on Seedrs. Originally seeking £590,000, the company closed the initiative with £1,274,140 in funding. The company, which was a participant of Voom 2016, a contest that was launched by… Read More

March 9, 2017 @ 12:41 pm By Samantha Hurst  |  

Seedrs alum and growing employee/customer engagement firm, Perkbox, announced on Thursday it has appointed former Yahoo! finance manager, Rob Gorle, as its new finance manager. According to Perkbox, the appointment forms part of its expansion plans in the UK and internationally. Perkbox reported as finance director, Gorle… Read More

March 9, 2017 @ 10:47 am By Samantha Hurst  |  

Global fintech firm InvestCloud announced on Thursday it is expanding into Europe by launching a new division and opening its London Soho headquarters. According to InvestCloud, the forming of its icMAC (Modeling, Accounting & Custody) division follows the firm’s $20 million acquisition of London-based Babel Systems,… Read More

March 9, 2017 @ 8:29 am By JD Alois  |  

The Financial Services Agency of Japan (JFSA) and the UK’s Financial Conduct Authority (FCA) have announced a “Co-operation Framework” to support innovative Fintech firms. This “Exchange of Letters” between the JFSA and the FCA is intended to provide a regulatory referral system for “Innovator Businesses”… Read More

March 9, 2017 @ 7:33 am By JD Alois  |  

  Leading investment crowdfunding platform Crowdcube has now crowdfunded 50 deals of £1 million or more. Cauli Rice, a company that has used Crowdcube to raise capital in the past, closed its funding round at £1.4 million backed by 1038 investors.  Crowdcube pointed out that… Read More

March 8, 2017 @ 4:33 pm By Samantha Hurst  |  

On Wednesday, SyndicateRoom announced a recent investor study revealed 2017 diversity trends for platforms, products, and people. The research surveyed over 1,000 retail investors and revealed 45% of UK investors use an online platform, which is a clear and strong nod towards technology. The funding portal… Read More

March 8, 2017 @ 1:25 pm By JD Alois  |  

Chancellor of the Exchequer Philip Hammond delivered the final Spring budget today. Many policy questions persist as the UK separates itself from the European Union: Will the UK be able to maintain its leading economic status in Europe? Will the UK hold onto its dominance… Read More

March 7, 2017 @ 9:11 am By Samantha Hurst  |  

Just one week after launching its Crowdcube equity crowdfunding campaign, The Wild Beer Co. has successfully secured its initial £1 million funding target thanks to nearly 850 investors. As previously reported, The Wild Beer Co. launched in 2012, stated that during its first four years… Read More

March 6, 2017 @ 3:57 pm By Samantha Hurst  |  

OFIXU, a company refers to itself the “Airbnb for workspaces,” has closed its equity crowdfunding campaign on Seedrs. The company launched the initiative earlier this year, which not only surpassed its initial £75,000 funding target, it also achieved more than £150,000 at its closing. OFIXU, which… Read More

March 6, 2017 @ 3:43 pm By Samantha Hurst  |  

With less than a week until its equity crowdfunding campaign on Crowdcube comes to an end, tutor marketplace Tutora has successfully surpassed its initial £350,000 and has secured nearly £425,000 from more than 450 investors. Tutora was launched by co-founders Scott Woodley and Mark Hughes less than two years ago…. Read More

March 6, 2017 @ 7:30 am By JD Alois  |  

LendInvest, an online property finance marketplace, is demanding the government to revise its treatment of small and medium-sized property investment and development companies. Noting that four in five SMEhouse builders have disappeared since last housebuilding boom, LendInvest is calling on the government to recognize the… Read More

March 6, 2017 @ 2:31 am By JD Alois  |  

Investment crowdfunding platform Seedrs has released a new service that provides investors the ability to access their individual portfolio Internal Rate of Return (IRR). Seedrs described the feature as a pioneering first for the crowdfunding industry. The new service launches today and will be rolled… Read More

March 5, 2017 @ 12:52 pm By JD Alois  |  

Humble Grape, an independent wine merchant and wine bar concept, is preparing to launch their second crowdfunding campaign later this month. According to the company, following the success of their first two sites –Humble Grape Battersea (2015) and Humble Grape Fleet Street (2016), the emerging… Read More

March 4, 2017 @ 1:52 pm By JD Alois  |  

In a post on their website, Fintech firm Crowdsurfer announced that their “most wide-ranging database of crowd finance campaigns is now free for all.” The Crowdsurfer database was described as providing “unprecedented levels of information on crowdfunding and P2P [lending]”. Crowdsurfer still hosts a premium… Read More

March 4, 2017 @ 9:32 am By Samantha Hurst  |  

Earlier this week, UK-based The Wild Beer Co. launched an equity crowdfunding round on Crowdcube. The brewing company is currently £1 million as it prepares to expand and build a new 50,000 square foot, 12,000,000 1/yr capacity, destination brewery at the Bath and West Showground, which… Read More

March 4, 2017 @ 9:17 am By Samantha Hurst  |  

Just days after launching its reward-based crowdfunding campaign on Indiegogo for its Doghouse Craft Beer Hotel and Sour Beer Facility at its Columbus, Ohio location, UK-based brewery BrewDog has successfully secured its $75,000 funding target and is nearing $100,000 thanks to more than 575 backers. As… Read More