Tagged: united kingdom

February 3, 2017 @ 10:04 am By JD Alois  |  

Octopus Labs has launched Octopus Cash, a one-year savings account that claims to uncover interest rates that are “nearly twice the ‘high street’ average.” A quick trip to their website shows a description: “Octopus Cash helps you find savings rates that beat the high street… Read More

February 3, 2017 @ 9:21 am By Samantha Hurst  |  

London-based rice brand, Cauli Rice (also known asFullgreen Ltd.), launched its fourth equity crowdfunding campaign on Crowdcube earlier this week. Within a matter of days, the company’s initiative successfully secured its initial £400,000 funding target from more than 200 investors. The campaign comes less than a year and a… Read More

February 3, 2017 @ 9:10 am By JD Alois  |  

The House Crowd, a property crowdfunding platform, has published survey results highlighting a nagging issue.  UK individuals that are nearing retirement (55+ years old), are woefully ill-prepared to retire. This is a common theme not just in the UK but around the world. Much of… Read More

February 2, 2017 @ 11:14 pm By Martin Baker  |  

The State of Fintech in the United Kingdom. Observers in London see a paradox at the heart of today’s financial technology sector. If Fintech is all about playing the cutting edge and disrupting the mainstream, how come so many Fintech players and commentators obsess so… Read More

February 2, 2017 @ 3:35 pm By Samantha Hurst  |  

Contis Group, an alternative payments and banking brand based in North Yorkshire, announced on Wednesday it has opened a new office in London’s Mayfair neighborhood. The fintech company declared that the opening of the new office will help facilitate client meetings in London easier and… Read More

February 2, 2017 @ 10:04 am By Samantha Hurst  |  

OFIXU, which calls itself the “Airbnb for workspaces,” is now nearing £100,000 through its equity crowdfunding campaign on Seedrs. As previously reported, OFIXU, which was founded in 2014 by Dan Hinden, is seeking to challenge the WeWork model.  Rather than tie clients to a subscription, OFIXU says… Read More

February 1, 2017 @ 4:56 pm By JD Alois  |  

UK Bond Network, a peer-to-peer bond auction platform offering sophisticated investors the opportunity to invest in UK businesses via bonds, has announced that Vela Technologies is raising £550,000 on its platform. Vela is an AIM listed company (LSE:VELA) that is said to invest in early… Read More

February 1, 2017 @ 2:48 pm By Samantha Hurst  |  

Crowdcube has opened the voting polls for the 2016 Funded Club Awards. The equity crowdfunding platform celebrates the businesses that have successfully secured their minimum funding targets through Crowdcube. The funding portal stated its team has voted and they have shortlisted five businesses for each of the… Read More

February 1, 2017 @ 10:32 am By JD Alois  |  

The Crowdfunding Center, based in the UK, has issued a statement that London has regained its crown as the crowdfunding capital of the world. The Crowdfunding Center compiles data on multiple rewards-based platforms and several investment based platforms. The complete list of sites monitored may… Read More

January 30, 2017 @ 1:07 pm By JD Alois  |  

The United Kingdom has dominated the Fintech sector globally.  Starting with innovations in capital formation from crowdfunding and peer to peer lending platforms, the UK has fostered an impressive ecosystem of Fintech entrepreneurs. While a culture of innovation and risk-taking has been vital to this… Read More

January 30, 2017 @ 1:02 pm By Samantha Hurst  |  

Troubadour Goods, a London-based menswear brand that specializes in designing and creating handcrafted leather goods, closed its Seedrs campaign on Monday. The initiative, which originally sought to raise £500,000, completed the funding round with £526,269 from well over 100 investors. As previously reported, Troubadour Goods stated it aims… Read More

January 30, 2017 @ 8:09 am By JD Alois  |  

  Zopa, the UK’s very first peer to peer lending platform, has topped £2 billion in lending.  According to information provided by the online lending platform, as of today, Zopa has matched over 246,000 borrowers to 75,000 investors to provide access to capital in the… Read More

January 30, 2017 @ 7:40 am By Samantha Hurst  |  

UK-based smart technology company Camfridge have overfunded to £640,254 through its investment funding round on SyndicateRoom. This equals 128% of the original target, £499,990. Camfridge, which was founded in 2005 as a spin-off from the University of Cambridge, is currently developing energy-efficient, gas-free, lower-cost technology… Read More

January 30, 2017 @ 4:00 am By JD Alois  |  

Africa is probably the least developed continent when it comes to alternative finance but it certainly stands to gain much in its evolution. In a new report published today by the Financial Sector Deepening Africa (FSD Africa) in partnership with the Cambridge Centre for Alternative Finance (CCAF) and Anjarwalla… Read More

January 28, 2017 @ 7:05 pm By Samantha Hurst  |  

Fantasy football social gaming website and app, Premier Punt, has successfully secured its £200,000 funding target through equity crowdfunding platform, Seedrs. The company, which was founded in 2013, describes itself as a Daily Fantasy Sports (DFS) operator based in Edinburgh, UK that provides fantasy football enthusiasts… Read More

January 28, 2017 @ 5:06 pm By Samantha Hurst  |  

With its equity crowdfunding campaign on Crowdcube set to close later this week, mohas successfully secured more than £565,000 from nearly 400 investors. The initiative was launched last month and is currently seeking £600,000. The company, which is backed by The Royal Marines Charity and has partnered with… Read More

January 27, 2017 @ 3:40 pm By Samantha Hurst  |  

In-game advertising platform Giftgaming has returned to Seedrs with a mission to raise £80,000. The website raised £35,000 through its first campaign on the crowdfunding platform just a little over two years ago.  Giftgaming is described as a patent-pending in-game ad service and startup supported by Accelerate… Read More

January 27, 2017 @ 2:37 pm By Samantha Hurst  |  

On Friday, peer-to-peer business lending platform ArchOver announced it is expanding its current “Secure & Insured” lending model by launching “Secure & Assigned” business loans.  According to the lender, the first Secured & Assigned loan will be for Ergowealth, a firm of chartered financial planners… Read More

January 26, 2017 @ 3:49 pm By JD Alois  |  

The UK has been the reigning king of Fintech for several years now. But it is lonely at the top and several countries are seeking to usurp the UK’s Fintech dominance. Add Brexit fallout and the UK has a battle on its hands. Of course,… Read More

January 25, 2017 @ 3:04 pm By Samantha Hurst  |  

On Wednesday, marketplace lending platform Funding Circle announced changes as to how it prices property loans. The lender revealed that following a recent review of its property loan offering, it is increasing the interest rate on certain property loans and will begin to list some… Read More