Tagged: united kingdom

August 1, 2016 @ 8:07 am By JD Alois  |  

ArchOver has announced topping £20 million in lending. ArchOver is supported by Hampden Group, a financial firm that manages insurance assets and is, in fact, the largest members’ agency at Lloyd’s. Hampden is both an investor in ArchOver the company and an active investor over… Read More

July 31, 2016 @ 7:44 pm By JD Alois  |  

Last week the Payments Systems Regulator (PSR) announced that reform is needed in the UK payments sector to improve competition and better serve consumers.  The announcement was made by the one-year-old agency following a report on payments released by the PSR. The PSR stated that there… Read More

July 30, 2016 @ 12:27 pm By JD Alois  |  

After many moons of solid growth, the UK equity crowdfunding market is in the midst of a slump.  This is according to data on the UK funding ecosystem correlated by Beauhurst released this past week.  The slowing market started in Q1 and accelerated during Q2… Read More

July 30, 2016 @ 8:50 am By Samantha Hurst  |  

Just a few days before it was supposed to close its equity crowdfunding campaign on Crowdcube, UK-based Seven Bro7hers Brewery decided to extend its funding round for another two weeks. As previously reported, the company is looking to raise 150,000 and is currently offering 16.84% in equity to… Read More

July 29, 2016 @ 10:59 am By JD Alois  |  

Seedrs is pointing to a recent report that gives it the top spot for crowdfunding deals in the UK. According to Beauhurst, Seedrs is in the pole position having funded 78 deals in the first 6 months of 2016 topping competitor Crowdcube which came in… Read More

July 29, 2016 @ 8:04 am By JD Alois  |  

Asset-backed peer to peer lender Ablrate has released information on an origination partnership with Access Commercial Finance based in Leeds. The arrangement is said to have generated over £2.5 million of loans so far this year. Ablrate launched as a niche P2P lender focusing on… Read More

July 29, 2016 @ 7:44 am By JD Alois  |  

Money&Co., a peer to peer lender targeting small businesses, has signed an agreement to receive investment capital from the Chinese Overseas Consortium Development Company.  According to information provided by the P2P lender, this is the third funding round and values the company at over £20… Read More

July 28, 2016 @ 12:13 pm By JD Alois  |  

Lloyds Bank, an over 250-year-old institution with a storied past is struggling with the future. The august financial institution released Q2 results today as management explained that following the EU referendum results the UK economy is uncertain. Brexit and the swirling negotiations are expected to… Read More

July 28, 2016 @ 9:57 am By JD Alois  |  

IW Capital and crowdfunding specialist Crowdfinders has published commissioned research on investor sentiment post Brexit.  According to their findings, support for SMEs remains strong in the face of uncertainty but confidence towards UK shares, government bonds, and property – has tanked. According to Lloyds Bank,… Read More

July 28, 2016 @ 8:46 am By Samantha Hurst  |  

London-based healthy meal delivery service, Mindful Chef, successfully overfunded on Seedrs by 250% with over £1 million raised and announced on Thursday it has added celebrity athletes Andy Murray, Olympian gold medallist Victoria Pendleton and rugby champion Will Greenwood to its growing list of high-profile investors. As previously… Read More

July 28, 2016 @ 12:20 am By JD Alois  |  

Folk2Folk, a regional peer to peer lender, has moved into a new office Launceston to “accommodate their rapidly expanding business”. Founded in 2013, the P2P lender has a number of offices across the South West and is rolling out further branches in towns across the UK…. Read More

July 27, 2016 @ 2:29 pm By Samantha Hurst  |  

The Hebridean Food Company, a UK-based fresh soup distributor, has recently launched a Crowdcube initiative with a mission to raise £60,000. The company has its soups and sauces in various stores, including Selfridges, Whole Foods Markets, and Aldi. The company revealed its products are created to be never… Read More

July 27, 2016 @ 8:52 am By JD Alois  |  

Specialty lender Community Chest has partnered-up with ThinCats on new “Social Enterprise” loans. These loans are designed to provide access to capital for social enterprises seeking to drive community impact while delivering tax-efficient returns to investors who may recieve up to 30% tax relief on… Read More

July 27, 2016 @ 8:30 am By JD Alois  |  

LendInvest, an online peer to peer marketplace for commercial real estate loans, has published its quarterly research index deciphering the UK property market. According to their data, the UK Buy-to-Let Market, the top rental markets are areas where voters overwhelmingly voted for Brexit. Reflecting on the… Read More

July 26, 2016 @ 2:06 pm By Samantha Hurst  |  

Sundried, a UK men and women’s activewear brand, has recently launched a Crowdcube initiative to raise £125,000 as it prepares to expand and launch its new clothing line. The company, which notably has designers from other famous activewear brands including LuluLemon Athletica and Sweaty Betty, stated it… Read More

July 26, 2016 @ 10:57 am By Samantha Hurst  |  

Chris James Mind Body, a premiere health and wellness brand, has recently launched an equity crowdfunding campaign on AngelsDen to raise £100,000. The company currently offers products of health supplements and protocols, this includes 12Days, 3R Cleanse, Gorgeous Greens, Brilliant Biotic, Magical Multi, Hello Aloe and… Read More

July 26, 2016 @ 10:18 am By JD Alois  |  

WePay, a “payment as a service” platform” has opened up offices in the UK to further expand its reach into the white label payment sector including crowdfunding and other marketplaces.  WePay already provides services to GoFundMe, a very large donations-based platform in the US. The… Read More

July 26, 2016 @ 9:35 am By Samantha Hurst  |  

Success! Kickstarter alum and creator of intelligent bike light ICON,  See.Sense, has successfully secured its initial £500,000 funding goal on Crowdcube. The company took to the equity crowdfunding platform earlier this month and quickly raised over £400,000. As previously reported, See.Sense was founded in 2013 by husband and… Read More

July 26, 2016 @ 9:14 am By JD Alois  |  

The UK Peer to Peer Finance Association has released a letter addressed to Andrew Bailey, Chief Executive of the FCA, buttressing their position regarding the recent dialogue with the House of Commons’ Treasury Select Committee. This past June, Andrew Tyrie, MP, Chairman of the Committee,… Read More

July 25, 2016 @ 3:21 pm By Samantha Hurst  |  

Last week, CEO of LendInvest Christian Faes took to the website’s blog to reflect on the Brexit decision, which was voted on last month in the UK. Following the shocking vote to leave the European Union (EU), the largest peer-to-peer mortgage lender in the UK… Read More