Tagged: united kingdom

December 16, 2016 @ 9:51 am By Samantha Hurst  |  

Maven Capital Partners,  a UK-based venture capital trusts (VCT) and private equity firm, announced on Friday the Maven Income and Growth VCT 6 has launched a new VCT Offer, which is limited to £6m in new subscriptions.  Maven VCTs have reportedly launched a series of successful VCT fundraisings in… Read More

December 15, 2016 @ 7:03 am By JD Alois  |  

The Money Platform has launched in the UK.  The Money Platform is a peer to peer lender that targets short term credit of 3 to 12 weeks. After participating in the FCA’s Project Innovate incubator program, the Money Platform received the FCA’s full consumer credit… Read More

December 14, 2016 @ 4:30 pm By Samantha Hurst  |  

Troubadour Goods, a London-based menswear fashion brand, is nearing its £500,000 crowdfunding campaign funding target on Seedrs. The company launched the initiative earlier this month and so far has secured more than £480,000 from nearly 80 investors. As previously reported, the brand was founded by Samuel Bail… Read More

December 14, 2016 @ 4:30 pm By Barry James  |  

The time has come for crowdfunding to mature – or die, and be reabsorbed by the body politic (or should that be that body corporate). You don’t hear people talk about “the democratisation of finance” much any more. Why is that? We’ve seen growing pains… Read More

December 14, 2016 @ 5:48 am By JD Alois  |  

ThinkMarkets Launch EA Buyback Campaign ThinkMarkets, a multi-asset brokerage, has launched an “EA Buyback initiative” designed to give FX traders more control through manual trading. The campaign is said to easily facilitate current Robo-Traders to switch over to ThinkMarkets’ ThinkTrader service. ThinkMarkets’ EA said their push comes… Read More

December 13, 2016 @ 4:32 pm By Samantha Hurst  |  

Expend, a UK-based fintech app startup, has launched a crowdfunding campaign on Crowdcube. The company is seeking £750,000 for growth and is offering 5.27% in equity.  Founded in 2013, Expend is described as a smart solution for financial management with a mission to simplify user’s expenses,… Read More

December 13, 2016 @ 3:12 pm By Samantha Hurst  |  

With its Seedrs campaign set to close later this week, social marketplace for bicycle sharing Cycle.Land has successfully secured more than £400,000 from over 215 investors. Founded earlier this year, Cycle.Land received support from Oxford University Innovation Incubator and launched in Oxford shortly after. The website claims… Read More

December 13, 2016 @ 8:26 am By JD Alois  |  

Oval Medical raised £1,118,647 in August 2014 crowdfunding on SyndicateRoom. The offer saw the participation of 40 SyndicateRoom investors. The company offered 25% equity in the EIS qualified investment.  Today Oval is announcing it has been acquired by SMC Ltd., a US-based contract manufacturer in… Read More

December 13, 2016 @ 7:56 am By JD Alois  |  

Online balance sheet lender, Nucleus Commercial Finance, is now offering a range of specialist products for the education sector. The education finance portfolio has been designed by Nucleus to allow education providers the ability to receive advances and secure a line of credit against their… Read More

December 12, 2016 @ 4:55 pm By Samantha Hurst  |  

Pedals London, an on-demand bicycle delivery service, has successfully secured its initial £90,000 funding target through on Crowdcube and is now nearing £125,000 thanks to 105 investors. As previously reported, Pedals London, which was founded earlier this year, is described as a green, affordable, on-demand bicycle delivery service for… Read More

December 12, 2016 @ 1:37 pm By Samantha Hurst  |  

On Monday, Crowdcube announced it was the first UK crowdfunding platform to raise £200 million for more than 430 businesses. This news comes just after lingerie and nightwear brand, Bluebella, secured over £1 million through the funding portal from more than 600 investors. The equity crowdfunding platform stated:… Read More

December 11, 2016 @ 7:01 pm By JD Alois  |  

Alternative finance using asset-backed lending has hit a record high of £4.3 billion – up  22% versus year prior.Total asset-based finance hits £20.7 billion, another all-time high, as the Government Bank Referral Scheme kicks in. Nine of the UK’s  biggest banks will be required to pass… Read More

December 9, 2016 @ 3:51 pm By Samantha Hurst  |  

Following the FCA publishing an interim report on crowdfunding regulations, the team at peer-to-peer lending platform Zopa revealed their thoughts about the report and its findings. As previously reported, the report took into consideration feedback from the leading UK crowdfunding platforms (including peer to peer lenders),… Read More

December 9, 2016 @ 10:37 am By JD Alois  |  

The Financial Conduct Authority (FCA) published an interim report on crowdfunding regulation today. The report was widely anticipated by both the investment based and debt based crowdfunding sector. This is the second interim statement since initial rules were published in 2014. The regulatory approach by… Read More

December 9, 2016 @ 10:13 am By JD Alois  |  

The Financial Conduct Authority (FCA) has released their much anticipated interim report on debt and equity crowdfunding. The document addresses both peer to peer lending and investment crowdfunding platforms and the current state of operations as the new approach to capital formation evolves. Andrew Bailey,… Read More

December 8, 2016 @ 7:42 am By Samantha Hurst  |  

UK peer-to-peer lending platform CapitalStackers announced it received full authorization from the Financial Conduct Authority (FCA) following a detail assessment.  The company described itself as a direct peer-to-peer lender and matches developers seeking finance with investors. Its key mission is to plug the funding gap between… Read More

December 7, 2016 @ 9:17 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has signed a new collaboration agreement. This time the FCA has formed a co-operation agreement with the Hong Kong Monetary Authority (HKMA).  The arrangement is for the two securities regulators to collaborate on promoting financial innovation and is similar… Read More

December 7, 2016 @ 9:01 am By Jessica Pham  |  

The London Crisp Company describes itself as “An amazing brand, with amazing crisps and popcorn, that showcase the most amazing city on Earth”, and it just raised 338 percent of its goal on Seedrs — £337,910 out of a goal of £100,016 (approximately $428K out of $127K).  The… Read More

December 6, 2016 @ 4:01 pm By Samantha Hurst  |  

LendInvest, a leading online mortgage lender in the UK, announced last week new dates for its Property Development Academy course. According to the LendInvest team, interest in the lender’s first Property Development Academy course was impressively large, with 200 people applying for the 25 slot…. Read More

December 6, 2016 @ 10:30 am By Samantha Hurst  |  

On Tuesday, UK peer-to-peer lender Zopa announced it was rebranding. The company stated that the “new identity” will give it a springboard for its ambitious plans to bring its products to even more UK consumers, and create personalized services for all users. Sharing details about… Read More