Tagged: united kingdom

August 11, 2016 @ 9:20 am By Samantha Hurst  |  

On Thursday, the Centre for Economics and Business Research released its latest report that revealed small businesses loans facilitated by Funding Circle had boosted the UK economy by £2.7 billion since 2010. The report stated businesses are drawn to direct lending platforms by the speed and simplicity… Read More

August 11, 2016 @ 8:42 am By JD Alois  |  

Equity crowdfunding platform Seedrs has recently surveyed their customers on Brexit fallout and the results are encouraging. While the number of respondents were small (120), according to Seedrs, 52% of respondents believe London will maintain the title of global hub for international entrepreneurs even with… Read More

August 10, 2016 @ 4:19 pm By Samantha Hurst  |  

Just one week after launching its equity crowdfunding campaign on Seedrs, electronic accessory brand, iQualTech, has secured its initial £100,000 funding goal. The company took to the funding portal to raise the funds as it looks to expand into new markets worldwide. As previously reported, iQualTech was founded in 2013,… Read More

August 10, 2016 @ 1:03 pm By Samantha Hurst  |  

On Wednesday, Peer Funding Limited announced the Financial Conduct Authority (FCA) has granted it full permission to operate its peer-to-peer business platform under Part 4a of the Financial Service Marketing Act. The website stated it joins only a handful of fully authorized peer-to-peer business platforms and has… Read More

August 10, 2016 @ 9:46 am By Samantha Hurst  |  

With less than 24 hours until its equity crowdfunding campaign closes on Crowdcube, Verto Homes has raised over £1.6 million thanks to nearly 535 investors. The London-based builder notably designs, builds, and sells intelligent, sustainable homes that produce and store clean energy from the sun. Each of the houses does… Read More

August 9, 2016 @ 8:04 pm By JD Alois  |  

BrewDog, the largest independent craft brewer in Scotland, is going big in its move to set up operations in the US. Not only is BrewDog planning to open up a Columbus, OH-based brewery to distribute its beers across the US, BrewDog is doing an equity… Read More

August 9, 2016 @ 11:09 am By JD Alois  |  

The Competition & Markets Authority announced sweeping changes to the UK banking industry today. The update to the retail banking sector was driven by an acknowledgement that little competition existed within the retail banking sector and thus consumers were coming up short in regards to… Read More

August 9, 2016 @ 10:28 am By Samantha Hurst  |  

Sundried, a UK men and women’s activewear brand, has successfully secured its initial £125,000 funding goal on Crowdcube. The company took to the equity crowdfunding platform late last month to raise funds as it prepares to launch its upcoming clothing line. As previously reported, Sundries is notably made up… Read More

August 9, 2016 @ 9:50 am By JD Alois  |  

“CMA Sticks to its Guns” The Competition and Markets Authority (CMA) has published its final report on the UK retail banking sector. The government initiative has concluded that highstreet banks do not compete enough for customers’ business. Simultaneously, challenger banks find it difficult to compete… Read More

August 8, 2016 @ 11:46 am By Samantha Hurst  |  

Last week, property crowdfunding platform, Transcendent Real Estate (TRE), officially opened its doors for investors. The Manchester-based company currently offers direct equity investments in commercial real estate assets through the UK. Its first property is 43-45 Lever Street. The 13,182sq property is located at the… Read More

August 6, 2016 @ 11:24 am By Samantha Hurst  |  

The Hebridean Food Company has successfully secured its initial £60,000 Crowdcube funding goal and has raised over £90,000 from 151 investors. The UK-based fresh soup distributor currently offers its soups and sauces in various stores, including Selfridges, Whole Foods Markets, and Aldi. As previously reported, Hebridean Food Co. revealed its… Read More

August 5, 2016 @ 12:59 pm By Samantha Hurst  |  

Assetz Capital one of the UK’s largest peer-to-peer lenders, announced it is predicting that both savers and borrowers will continue to turn to alternative finance companies in increasing numbers as Bank of England slashes interest rates from 0.5% to 0.25%. The website reported, peer-to-peer lending platforms remain largely untouched… Read More

August 5, 2016 @ 9:15 am By Samantha Hurst  |  

Earlier this week, the team at MindGenius announced they have decided to extend their Crowdcube campaign. The UK tech startup took to the equity crowdfunding platform last month with a mission to raise £1 million as it prepares to debut its new online solution, Barvas. MindGenius has been… Read More

August 4, 2016 @ 11:08 am By Samantha Hurst  |  

Last week, the team at Zopa announced they have officially moved from their Chancery Lane office to the peer-to-peer lending platform’s new location in London Bridge. The company shared in a blog post: “This office move is much more than a location change: it’s a statement that Zopa… Read More

August 4, 2016 @ 10:21 am By JD Alois  |  

Equity for Punks Crosses the Atlantic and Invades the USA. BrewDog to Challenge “Archaic Financial Institutions.” BrewDog, Scotland’s largest independent brewer, has launched its US equity crowdfunding offer following years of success in raising capital from its consumers in the UK. BrewDog was founded in… Read More

August 4, 2016 @ 8:15 am By JD Alois  |  

  The Bank of England (BoE) has cut its benchmark rate by 0.25% – the first time in 7 years. The pound quickly moved lower reacting to the announcement. The move was telegraphed several weeks back in reaction to Brexit fallout. The interest rate cut… Read More

August 3, 2016 @ 3:24 pm By Samantha Hurst  |  

Set to finish its Crowdcube campaign today, London Doctors Clinic has successfully secured over £800,000 from nearly 350 investors. The clinic took to the equity crowdfunding platform last month to raise a minimum of £600,000. The clinic currently offers 15-minute consultations to London’s residents starting at a low… Read More

August 3, 2016 @ 9:36 am By Samantha Hurst  |  

On Wednesday, London-based tech accessories startup iQualTech launched an equity crowdfunding campaign on Seedrs to raise £100,000 as it prepares to expand into new markets worldwide. The company was founded in three years ago, and offer a wide range of products (including Pill Speakers) that have been sold worldwide… Read More

August 2, 2016 @ 8:08 am By JD Alois  |  

GLI Finance Limited (LSE:GLIF) has announced the hiring of two senior executives.  Russell Harte has been appointed Chief Operating Officer and Steven Simpson has been selected as the Head of Group IT. Andy Whelan, CEO of GLI, released a statement on the addition of the two… Read More

August 1, 2016 @ 4:54 pm By Samantha Hurst  |  

Last week, UK peer-to-peer lending platform, Orchard Lending Club, officially launched and is now offering investors the opportunity to earn up to 7.08% interest per annum over a five-year period by lending finance to creditworthy professional practices and schools and their clients. Orchard Lending Club is… Read More