Tagged: united kingdom

March 3, 2017 @ 4:18 pm By Samantha Hurst  |  

With nearly one week until its second Crowdcube initiative is set to close, online tutor marketplace Tutora is nearing its £350,000 funding target. The campaign was launched at the end of January and has so far raised £340,000 from more than 375 investors. As previously reported,… Read More

March 3, 2017 @ 4:00 pm By Samantha Hurst  |  

Enclothed, a UK-based online personal styling service for men and Dragon Den alum, recently launched an equity crowdfunding campaign on Seedrs. The company is currently seeking £350,000 as it prepares for expansion.  The company states it aims to change the shopping landscape for men. It uses… Read More

March 3, 2017 @ 9:13 am By Samantha Hurst  |  

Less than two weeks after launching its third equity crowdfunding campaign on Crowdcube, POD Point not only secured its initial 1.5 million funding target, it also closed the latest funding round, which was part of a larger £9 million fundraise led by venture capital firm Draper Esprit, who… Read More

March 3, 2017 @ 8:31 am By JD Alois  |  

Nucleus Commercial Finance has provided a specialist construction firm with £3.8 million alternative finance funding line to complete its work at Hinkley Point C nuclear power station (HPC) over the course of the next ten years. The multi-million-pound deal is comprised of £1.8 million in property… Read More

March 3, 2017 @ 8:08 am By JD Alois  |  

The Innovative Finance ISA or IFISA has been heralded by many in the P2P lending sector as a boon for the industry. Investors now have the ability to participate in P2P loans while benefiting from the tax deferred nature of ISAs. Yet the Financial Conduct… Read More

March 2, 2017 @ 4:05 pm By Samantha Hurst  |  

A little over a week after opening its taphouse in the Columbus, Ohio area, UK-based brewery BrewDog has launched a reward-based crowdfunding campaign on Indiegogo to raise a minimum of $75,000 for its Doghouse Craft Beer Hotel and Sour Beer Facility. The brewing company has raised over… Read More

March 2, 2017 @ 3:23 pm By Samantha Hurst  |  

Just days after launching its equity crowdfunding campaign on Seedrs, UK-based MacRebur is nearing £1 million. The company originally sought to raise £590,000 and quickly surpassed its funding target within days. As previously reported, MacRebur describes itself as a company that holds the UK and… Read More

March 1, 2017 @ 1:42 pm By Samantha Hurst  |  

Proplend announced on Wednesday it received full authorisation from the Financial Conduct Authority (FCA) for peer to peer lending. Brian Bartaby, Proplend’s Founder and CEO commented: “After a comprehensive approval process, we are delighted to have reached this significant milestone. The granting of full authorisation demonstrates… Read More

March 1, 2017 @ 11:52 am By Samantha Hurst  |  

On Tuesday, 4thWay writer, Matthew Howard released his very own assessment on the top three property P2P lending platforms are in the UK. The three he selected were Landbay, Proplend, and FundingSecure. In his selection, Howard ranked the lenders based on their features and opportunities… Read More

March 1, 2017 @ 8:13 am By JD Alois  |  

SyndicateRoom, a leading equity crowdfunding platform, has been championing IPO reform for some time now.  Gonçalo de Vasconcelos, CEO and co-founder of SyndicateRoom, welcomed the announcement earlier today that the Financial Conduct Authority (FCA) has published a consultation paper addressing existing shortcomings in the IPO… Read More

March 1, 2017 @ 7:56 am By JD Alois  |  

The Financial Conduct Authority (FCA) has published a consultation paper on the initial public offering (IPO) process. The paper is part of an initiative designed to reform the UK IPO ecosystem by improving the quality of information provided to market participants. Christopher Woolard, Executive Director… Read More

February 28, 2017 @ 2:22 pm By Samantha Hurst  |  

UK-based fashion brand ME+EM recently launched an equity crowdfunding campaign on Crowdcube to raise £700,000. Within a matter of days, the initiative has successfully secured its funding target from more than 300 investors. ME+EM describes itself as a UK fashion in the direct-to-consumer movement. It… Read More

February 28, 2017 @ 12:00 pm By Gillian Roche-Saunders  |  

This morning every P2P platform received a Dear CEO letter from the FCA, stating that platforms should not facilitate loans to a party who lends those monies onwards, unless that party is authorised for accepting deposits.  The issue here is really with the underlying lenders… Read More

February 28, 2017 @ 10:16 am By Samantha Hurst  |  

On Tuesday, Crowdcube announced the winners of the 2017 Funded Club Awards. This event celebrates businesses that have successfully secured their minimum funding targets through the UK-based equity crowdfunding platform. While sharing details about the Funded Club awards, the Crowdcube team stated: “We celebrated our 6th… Read More

February 28, 2017 @ 7:44 am By JD Alois  |  

The Payment Systems Regulator (PSR) has published draft “Terms of Reference” outlining how it intends to review whether the operators of CHAPS (Clearing House Automated Payment System) and Faster Payments Scheme (FPS), need to play an expanded role to reduce consumer harm caused by particular… Read More

February 27, 2017 @ 4:18 pm By Samantha Hurst  |  

UK-based Wrexham Glyndwr University announced last week the launch its fintech undergrad program. According to the school, the new program will provide its students with the business skills that are needed to exploit opportunities within the fintech sector. While discussing the program, Claudius Tsang, Partner/Co-Head of… Read More

February 27, 2017 @ 1:50 pm By Samantha Hurst  |  

Freetrade, a platform designed to let users invest in stock markets around the world, has successfully secured its initial £300,000 funding target and is now nearing £560,000 through its second equity crowdfunding campaign on Crowdcube. Freetrade describes itself as a mobile app that’s designed to let… Read More

February 27, 2017 @ 10:30 am By Samantha Hurst  |  

VPAR, a UK-based golf technology platform, has successfully secured £1 million during its equity crowdfunding round on Seedrs. The website launched the initiative earlier this month as it prepares for expansion. As previously reported, VPAR was founded in 2007 and is seeking to change the golf experience… Read More

February 27, 2017 @ 7:54 am By JD Alois  |  

Zopa, the first peer to peer lender to launch in the UK, has been recognized as a Superbrand receiving this status for the first time. Zope joins a coterie of some of the world’s most recognized brands including Virgin, British Airways, and Apple. Superbrands is… Read More

February 24, 2017 @ 7:50 pm By Samantha Hurst  |  

Tech City UK announced earlier the week the 26 new companies that are joining its Future Fifty program. According to the London-based business management consultant, the Future Fifty program gives participants immediate access to a valuable peer network along with expert-led classes and workshops designed to… Read More