Tagged: united kingdom

January 25, 2017 @ 9:07 am By Samantha Hurst  |  

Less than one year after securing £150,000 through its first equity crowdfunding campaign on Crowdcube, tutor marketplace Tutora announced plans to launch its second initiative through the funding portal. Tutora, which was launched in mid-2015, stated it aims to help parents find and book private tutors online…. Read More

January 24, 2017 @ 4:05 pm By Jessica Pham  |  

Online lending experienced a challenging year in 2016. Regardless of your base of operations, unexpected events created a bumpy ride for many platforms in this sector of finance. Crowdfund Insider last spoke to Zopa CEO Jaidev Janardana in mid-2016, just prior to the UK’s decision… Read More

January 24, 2017 @ 8:46 am By JD Alois  |  

UK Bond Network, an alternative finance provider that specializes in structuring and distributing investment opportunities in secured corporate bonds has been authorized by the FCA and HMRC  as an ISA manager. The approval now allows the platform to offer the Innovative Finance ISA (IFISA). Announced in… Read More

January 24, 2017 @ 8:19 am By JD Alois  |  

Global Alternatives has announced the “relaunch” of Property Crowd. Described as “property crowdfunding 2.0”, the updated platform will now offer cross-border investments in institutional grade real estate opportunities. Property Crowd is now offering professional investors and high net worth individuals (HNWIs) an 11.2% IRR via… Read More

January 23, 2017 @ 4:36 pm By Samantha Hurst  |  

Rivalled, a platform that connects university students with one another through sports, is now seeking £125,000 through its newly launched equity crowdfunding campaign on Crowdcube. The platform, which was launched in 2015 by Charlie Scott and Matt Jarosy, describes itself as a new sports platform aimed at… Read More

January 23, 2017 @ 12:18 pm By JD Alois  |  

The Polsky Center for Entrepreneurship and Innovation and Booth School of Business at the University of Chicago and the Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business School have partnered again on the 2017 Americas Alternative Finance Industry survey. Research… Read More

January 23, 2017 @ 11:31 am By Samantha Hurst  |  

The Vino Beano, an alternative wine merchant that specializes in bringing fine, artisan-made wine to the UK market, has officially kicked off its equity crowdfunding efforts on Invesdor. The company is currently seeking a minimum of £100,000 and a max of £200,000. As previously reported, the London-based… Read More

January 23, 2017 @ 9:23 am By JD Alois  |  

Yesterday, Prime Minister Theresa May revealed her vision for a modern industrial strategy for the UK. The policy proposal was released during her first regional cabinet meeting. May is engaged in a tight-rope walk of policy as she manages ramifications of Brexit while crafting an… Read More

January 23, 2017 @ 8:16 am By JD Alois  |  

Specialist provider of P2P and marketplace lending products and services, Goji, has announced that Landbay, bond investment platform UK Bond Network, crowd bond provider Downing, and SME-focused P2P platform Peer Funding have each selected their platform to offer the Innovative Finance ISA (IFISA). Goji said… Read More

January 22, 2017 @ 4:53 pm By JD Alois  |  

Speaking at the World Economic Forum in Davos, Lloyds Banking Group Chief Executive Officer Antonio Horta-Osorio made the statement that “low-interest rates and fintech are the most important trends that will shape banking over the next 10 years.” The pronouncement comes as Lloyds has been enduring… Read More

January 21, 2017 @ 2:07 pm By JD Alois  |  

Following big news of a $100 million funding round, Funding Circle has announced it will stop issuing new loans in Spain. The announcement was posted on the Spanish version site of the SME peer to peer lender noting that it has not offered new loans… Read More

January 21, 2017 @ 10:29 am By Samantha Hurst  |  

On Friday, multi-brand, multichannel, personal beauty advisory service MyShowcase finished its equity crowdfunding run on Crowdcube and secured £1,036,170 from 396 investors. MyShowcase now offers a range of independent UK beauty brands. Stylists give advice and sell to customers via home showcases, 1-2-1 or through social media. Within the past two years,… Read More

January 19, 2017 @ 4:13 pm By JD Alois  |  

Yesterday we reported the UK P2PFA Q4 2016 peer to peer lending numbers showed solid growth for online lending. Today we have numbers from OFF3R that captures the activity of 9 UK peer to peer lending platforms. According to the OFF3R Index, p2p lending grew by… Read More

January 19, 2017 @ 1:44 pm By Samantha Hurst  |  

With its Crowdcube campaign set to close on Friday (January 20th), MyShowcase has secured more than £1 million thanks to nearly 340 investors. The initiative was launched in November and originally sought to raise £750,000. MyShowcase is described as a multi-brand, multichannel, personal beauty advisory… Read More

January 19, 2017 @ 11:57 am By Samantha Hurst  |  

Just days after launching its equity crowdfunding campaign on Crowdcube, Circuitree Cirrus successfully secured its initial £100,000 funding target and is nearly £150,000 thanks to nearly 180 investors. Circuitree Cirrus, which was founded in 2015, stated it created a smart battery allows intermittent solar energy to be captured and… Read More

January 19, 2017 @ 8:10 am By JD Alois  |  

Record Year for Assetz Capital as £108 Million lent to Small Business in 2016. Assetz Capital, a peer-to-peer lending platforms, has announced having originated £200 million in loans since launching in 2013. The alternative finance platform targets small and medium-sized UK businesses and also helps property… Read More

January 18, 2017 @ 11:50 am By Samantha Hurst  |  

With less than 24 hours until its Crowdcube campaign comes to an end, fundraising platform School Notices has successfully secured nearly £825,000 in funding thanks to 186 investors. The portal launched its initiative last month and was originally seeking £700,000. School Notices was founded in 2014 by… Read More

January 18, 2017 @ 8:03 am By JD Alois  |  

Fourth Quarter UK Peer to Peer Lending Hits £844 Million The UK Peer to Peer Finance Association (P2PFA) has published Q4 data for both SME and consumer lending. The P2PFA said “fourth quarter of 2016 has demonstrated continued growth, with the expansion in lending volumes… Read More

January 17, 2017 @ 10:21 am By Samantha Hurst  |  

On Tuesday, equity crowdfunding platform Crowdcube announced it will continue its support for the startup accelerator, MassChallenge UK. The program notably provides early-stage startups the right resources for growth, create value, and improve the world all for zero equity. According to Crowdcube, MassChallenge UK alumni have collectively… Read More

January 16, 2017 @ 2:26 pm By Samantha Hurst  |  

Just a few weeks after launching its equity crowdfunding campaign on Seedrs, peer-to-peer lending platform Wellesley has reportedly decided to suspend the initiative as it seeks to attract city investors. As previously reported, Wellesley sought to raise £1.5 million though the funding portal to continue operations…. Read More