Tagged: united kingdom

July 12, 2016 @ 8:12 am By JD Alois  |  

The Financial Conduct Authority (FCA) has published a Competition Report, alongside their annual report this year. Incorporated in HM Treasury’s 2015 Productivity Statement, the FCA was asked to produce a standalone annual competition report to show how well they are delivering on their competition objective…. Read More

July 11, 2016 @ 4:04 pm By JD Alois  |  

Revolut (as in Revolutionary), a new application to instantly send and spend money globally, has captured solid VC support.  In 2015, Crowdfund Insider reported the company had raised £1.5 million from Balderton Capital as the founder and CEO Nikolay Storonsky explained, “Revolut has an ambition to… Read More

July 11, 2016 @ 1:55 pm By Samantha Hurst  |  

Sterling Shave Club, a monthly subscription service that delivers quality razors and shaving gear, is seeking to raise £150,000 through its new Seedrs initiative. The company, which was founded in 2013 and has over 3,000 members, currently delivers razor blades to both men and women… Read More

July 11, 2016 @ 10:55 am By Samantha Hurst  |  

Just one year after successfully securing £83,310 through its first Crowdcube campaign, UK-based health supplement brand Staks has returned to the equity crowdfunding platform with a mission to raise £50,000 for expansion and to present its new product to the market. Staks is described as a one-stop… Read More

July 10, 2016 @ 12:00 pm By Therese Torris  |  

As UK politicians, pro-Brexit and pro-Bremain alike, resign one after the other, the uncertainty about the consequences of the Brexit vote is rising instead of abating. Here is a summary the following main causes of uncertainty that impact financial services: The Legal Exiting Process: The… Read More

July 9, 2016 @ 2:54 pm By JD Alois  |  

In 2014 the Financial Conduct Authority (FCA) enacted new rules for the regulation of crowdfunding platforms operated by firms authorized by the FCA. At that time, the agency committed to carrying out a full post-implementation review of the crowdfunding market and regulatory framework in 2016…. Read More

July 8, 2016 @ 3:40 pm By Samantha Hurst  |  

Milton Keynes, United Kingdom-based Steve Grindrod Amplification (SGA) announced it is seeking £200,000 through Seedrs as it prepares to expand and become what it hopes the music industry’s “next iconic brand.” Founder of the company, Steve Grindrod has reportedly stated: “For over 40 years I’ve obsessed… Read More

July 8, 2016 @ 12:05 pm By Samantha Hurst  |  

On Friday,  GlenWyvis Distillery officially closed its highly successful Crowdfunder UK campaign, which captured £2,533,510 from 2443 investors.The distillery took the funding portal last month to secure £1.5M as it prepared to build the very first community-owned craft whiskey distillery in Scotland. After raising the initial goal, the company… Read More

July 8, 2016 @ 11:52 am By JD Alois  |  

As announced earlier today, the Financial Conduct Authority (FCA) has requested feedback from interested parties regarding the regulatory environment for debt and investment-based crowdfunding. The process is part of an anticipated periodic review of this new form of finance. Original rules were enacted in 2014…. Read More

July 8, 2016 @ 10:28 am By JD Alois  |  

Alan Christopher Colton, who was previously convicted of fraud, received a two-year suspended prison sentence and a £100 fine earlier this week, according to the Times.   Colton, and his company 88 Delicious, a flavored Vodka brand, had previously offered shares in the company on Crowdcube… Read More

July 8, 2016 @ 8:43 am By JD Alois  |  

The UK Peer to Peer Finance Association (P2PFA) has released a comment on the forthcoming review of crowdfunding rules by the Financial Conduct Authority (FCA). The P2PFA called the post-implementation review of crowdfunding rules an opportunity to ensure an appropriate balance of regulation protecting investors… Read More

July 7, 2016 @ 4:45 pm By Samantha Hurst  |  

YUUworld, an Essex-based kids backpack brand, recently launched an AngelsDen campaign as it prepares to expand its company.  YUU currently offers a range of premium and unique children’s activity backpacks for on-the-go entertainment. “With a YUUbag busy kids can take the fun wherever they go and… Read More

July 7, 2016 @ 3:56 pm By Samantha Hurst  |  

L’ochidee, a London-based company that specializes French macarons, luxury cakes, and deserts, has recently launched a Crowdcube campaign to raise £200,000 as it prepares to open more locations throughout England’s capital. The company shared that it specializes in modern bake goods that have individual designs and… Read More

July 7, 2016 @ 3:35 pm By JD Alois  |  

The collateral damage of the Brexit decision will be reverberating for weeks to come but some countries are sensing an opportunity in light of the UK decision to abandon the EU.  France is now rolling out the red carpet hoping to lure UK based financial… Read More

July 7, 2016 @ 11:49 am By JD Alois  |  

UK based Crowdsurfer, a “data and intelligence service for crowd finance” has raised additional funding now bringing their total outside investment to £1.2 million.  The amount of the new funding, led by Mustard Seed Venture Fund, was not disclosed. Additional angels and earlier investors were… Read More

July 7, 2016 @ 11:07 am By Samantha Hurst  |  

Two years after successfully securing £374,213 through its Indiegogo campaign, Tens, the real life photo filtering sunglasses, has reportedly received a significant investment from famous entrepreneur and Virgin Group’s Sir Richard Branson. Tens, which was founded by Kris Reid, Marty Bell, and Tom Welsh,  offers sunglasses that lend an… Read More

July 7, 2016 @ 10:28 am By JD Alois  |  

Crowdcube Spain has received approval by the Comision Nacional del Mercado de Valores (CNMV), the regulatory body of the Spanish Stock Market. Management believes the approval has strengthened Crowdcube’s position in Europe following the Brexit decision for the UK to depart the EU. Crowdcube Spain… Read More

July 6, 2016 @ 3:14 pm By Samantha Hurst  |  

Seven Bro7hers, a Manchester-based craft brewing company, has recently launched an equity crowdfunding campaign on Crowdcube to raise a minimum of £150,000. The company is currently offering 16.84% in equity to those who invest. The brewery stated: “Our vision for SEVEN BRO7HERS is committed to becoming one of the… Read More

July 6, 2016 @ 12:50 pm By Samantha Hurst  |  

On Wednesday, London-based Pronto announced it formed a partnership with tech startup Starship Technologies to use self-driving robots for food deliveries. The restaurant provides healthy meals delivered hot with a 25-minute free delivery. Pronto took to Seedrs in May and secured £838,620 to expand its delivery area… Read More

July 6, 2016 @ 12:18 pm By Samantha Hurst  |  

This week, head of production at BrewDog, Matt Licklider, shared details about crowdfunded brewery’s third site, which was funded through the Equity for Punks campaign. Originally started out in the back of a van by two guys and dog, BrewDog is now recognized globally for… Read More