Tagged: united kingdom

October 22, 2016 @ 11:53 am By Samantha Hurst  |  

With two weeks left until its equity crowdfunding campaign on Crowdcube comes to an end, online retailer of handmade ice biscuits, Biscuiteers, has secured over £500,000. The company launched the campaign earlier this month seeking £550,000 for growth and drive international expansion. Founded in 2007… Read More

October 21, 2016 @ 3:37 pm By Samantha Hurst  |  

HealthUnlocked, a social network for health, has recently launched a Crowdcube campaign to raise nearly £1.5 million as it plans to expand its team. The website reportedly raised £3.5 million from London and Silicon Valley investors before making its way to the equity crowdfunding platform…. Read More

October 21, 2016 @ 12:49 pm By JD Alois  |  

As everyone knows by now (or at least they should), small and medium-sized businesses are vital for economic growth and prosperity. SMEs are the job creators in the UK – and around the world. The Enterprise Investment Scheme Association (EISA) has worked diligently to promote… Read More

October 21, 2016 @ 9:22 am By JD Alois  |  

Katipult has launched new software designed to power UK peer to peer lending platforms. Katipult has partnered with payment platform Mangopay in their European push.  Katipult, based in Canada, is a white label software provider that facilitates investment crowdfunding / P2P lending in over 20… Read More

October 21, 2016 @ 9:20 am By Samantha Hurst  |  

On Thursday, crowdfunding platform Crowdfunder UK announced it has teamed up with London Sport for a new mission: to make London the most physically active sporting city in the world. Through the #MostActiveCity partnership, London Sport is seeking to get 1 million Londoner to become… Read More

October 20, 2016 @ 11:24 am By Samantha Hurst  |  

Leetchi, a European money collection platform, announced on Thursday it is launching its services in the UK. The company, which was launched in 2009, was acquired by French bank Crédit Mutuel Arkéa last year. It has over six million users from more than 150 countries and… Read More

October 19, 2016 @ 10:16 am By JD Alois  |  

A report published by IW Capital, that researched 2000 UK consumers and citizens, stated that 30% of respondents are looking towards EIS investments in this historically low-interest rate environment.  The Bank of England pegged interest rates at 0.25% following Brexit, the lowest level in British… Read More

October 18, 2016 @ 12:49 pm By Samantha Hurst  |  

Less than a month after launching its equity crowdfunding campaign on Seedrs, London-based fintech startup CityFALCON has successfully secured its initial £150,000 funding target from nearly 120 investors. As previously reported, CityFALCON has received various awards from Twitter, Ontario, UBS, SB, stated it is redefining how… Read More

October 18, 2016 @ 9:29 am By JD Alois  |  

The Financial Conduct Authority (FCA) has published its final report on the investment and corporate banking sector.  The document was created to help foster competition in the this sector of finance.  The report reflects the interim publication that was released this past April. Christopher Woolard,… Read More

October 17, 2016 @ 4:25 pm By Samantha Hurst  |  

Zucla, a London-based restaurant that creates fresh and healthy tailored lunches, launched a Crowdcube campaign and raised £150,390 from 34 investors while in a private mode. The company originally sought to raise £90,000. Since its debut in January 2016, Zucla has severed more than 40,000 lunches The restaurant currently… Read More

October 15, 2016 @ 10:27 am By Samantha Hurst  |  

Earlier this week, CEO of peer-to-peer lending platform Zopa Jaidev Janardana took to the stage of the marketplace lending conference, LendIt Europe, to share details about the industry’s growth and development over the past year. During his keynote speech, “2016: Growing Up,” Janardana noted despite… Read More

October 15, 2016 @ 9:39 am By Samantha Hurst  |  

Huez, a UK-based cycling apparel brand, has launched a Crowdcube campaign to raise £250,000 for its 10 new menswear pieces and first women’s wear collection. The brand stated it uses advanced sportswear fabrics to create its range of cycling clothing that works on and off… Read More

October 13, 2016 @ 5:19 pm By JD Alois  |  

Louise Beaumont, the long-time Head of Public Affairs & Marketing of GLI Finance has departed the firm. According to her LinkedIn profile, Beaumont has taken a position as Vice-Chair of the Open Bank Working Group. Beaumont has been an outspoken advocate of alternative finance and the… Read More

October 13, 2016 @ 4:21 pm By Samantha Hurst  |  

Secret Spa, a platform that allows users to book 5-star spa beauty and wellness treatments to their home, office, or hotel, has launched an Angels Den equity crowdfunding campaign. The company is seeking £250,000 as it prepares to grow and expand its services. The company currently… Read More

October 13, 2016 @ 1:45 pm By Samantha Hurst  |  

Last week, London-based Moley Robotics debuted its equity crowdfunding campaign on Seedrs. The company is currently seeking to raise 1 million for its new chef robots, and within one week, it has already achieved £700,000 from nearly 120 investors. As previously reported, Moley Robotics has created what it claims… Read More

October 13, 2016 @ 10:49 am By Samantha Hurst  |  

mooVmoo, a UK-based video editing platform, has launched an equity crowdfunding campaign on Crowdcube to raise £150,000 as it prepares to expand and build its new mobile app. The company stated that its platform connects consumers to video editors. For £3 per minute, users can have… Read More

October 13, 2016 @ 8:37 am By JD Alois  |  

Lending Works, a consumer peer to peer lending platform, has received full authorisation by the Financial Conduct Authority (FCA).  Lending Works said it had originally applied for FCA approval in October of 2015 and had undergone a “stringent review process”. Lending Works has been operating… Read More

October 13, 2016 @ 8:11 am By JD Alois  |  

The UK government is reporting the number of private sector businesses is at an all-time high.  The report stated the number of businesses hit 5.5 million – a new record. At the beginning of 2016, there were one million more small businesses, 4000 more medium… Read More

October 12, 2016 @ 8:36 am By Samantha Hurst  |  

On Wednesday, equity crowdfunding platform Crowdcube announced it has appointed former Citigroup and HSBC executive, Simon Williams, as a new chairman of its board. Williams notably has over 30 years of experience in banking and investment. The funding portal revealed that Williams is joining the board… Read More

October 11, 2016 @ 10:20 pm By JD Alois  |  

  The answer is keep it simple, and  keep it transparent. The above statement came from Lord Adair Turner in a speech delivered at LendIt Europe this week. He was reflecting upon how peer to peer lending can avoid situations of systemic risk as exemplified… Read More