Tagged: united kingdom

Brexit Good for Fintech? That’s Right, According to Former Skype COO Michael Jackson

Mangrove Capital Partner and former COO of Skype, Michael Jackson, is of the opinion the Brexit is “far from being an economic disaster”. In a release on Finextra, Jackson states that great entrepreneurs feed off of disruption. In this case, the disruption is being driven… Read More

Bank of England Relaxes Capital Requirements, But Have Traditional Banks Fallen Short of Boosting SME Growth in the Past?

Yesterday the Financial Policy Committee (FCP) of the Bank of England relaxed bank capital requirements in a proactive move designed to stave off a looming, Brexit driven slowdown. Bank of England Governor Mark Carney stated; “The UK has entered a period of uncertainty and significant… Read More

LendInvest Hires First VP of Engineering

LendInvest has appointed Mike Nuttall to be the company’s first VP of Engineering. Nuttall was most recently at Moo but previously led tech teams at FanDuel, Doctors.Net.Uk and MedicAnimal. The new hir was described as part of LendInvest’s effort to scale up the technology side of the… Read More

SyndicateRoom Named High Potential Business Awards’ Alternative Finance Provider of the Year

Leading UK based investment crowdfunding platform SyndicateRoom was named Alternative Finance Provider of the Year at the 2016 High Potential Business Awards, which took place in London on June 22nd and celebrated the achievement outstanding growth businesses, along with the advisors and financiers that support them. “This award… Read More

Lending Works Offers Pension Advice Post-Brexit Decision

Just a little over a week after the UK voted to depart from the European Union (EU), Lending Works offered pension advice to the country’s retirees (or soon to be) following the surprising decision. The peer-to-peer lending platform shared: “Less than a week in, and the… Read More

Project Management Software Company MindGenius Seeks £1M Through Crowdcube to Launch Online Solution

On Monday, UK’s tech startup, MindGenius, launched an equity crowdfunding campaign on Crowdcube to raise £1 million as it prepares to debut its new online solution, Barvas. The company, which has been actively operating for 7 years, has sold its desktop product to over 90,000 users… Read More

Report: Startups Struggle to Raise Capital in Germany

In a report in Der Spiegel, Bitkom – “Germany’s Digital Association”, has revealed interim results of a survey on startups. According to the publication, less than half of survey respondents would want to launch a startup in Europe’s largest economy.  Over 30% see launching in… Read More

Crowdcube to Launch Self-Crowdfunding Round, Will File Prospectus to Raise More Than €5 Million

Crowdcube is raising more money and this time they are going big. In their last funding round, Crowdcube raised £1.2 million in a crowdfunding round alongside a £3.8 million investment from Balderton.  With this funding round, they are filing a prospectus meaning they can hurdle… Read More

Here is the Speech by the Governor of the Bank of England, Mark Carney, on the Brexit

Embedded below is the speech by Mark Carney, the Governor of the Bank of England. The remarkable situation engendered by the EU referendum results compelled Carney to deliver a calming speech effectively telling the UK it could weather the storm; “The UK can handle change…. Read More

Brewdog Announces Team Profit Share Initiative & New Employee Benefits As It Preps for U.S. Expansion

On Friday, crowdfunded brewery Brewdog announced its team profit share initiative, The Unicorn Fund. The fund is described as an opportunity to share in the success that Brewdog has worked hard to create. The company stated any crew member who signs up for the fund would… Read More

Seedrs Has Great June with Most Deals Funded in 2016

Seedrs sent out a note earlier today that June is going to close on a high note. According to the crowdfunding platform; “June has seen the most funded deals of 2016 with 17 businesses hitting their investment targets. The biggest deal this month was independent brewer of award-winning beers West… Read More

SyndicateRoom: It’s Premature to Call Title III Crowdfunding a Disappointment

Tom Britton, SyndicateRoom co-founder and CTO, shared his views on Reg CF, Title III of the JOBS Act, a few days ago. Britton, a US citizen transplanted in the UK, is helping to manage one of the most successful investment crowdfunding platforms in the UK,… Read More

Brief: Seedrs Named One of 2016 Innovative Business Awards’ Winners

On Thursday, Market Inspector announced the winners of the 2016 Innovative Business Awards. This award honors 50 companies that have turned groundbreaking ideas into success. Among those on the list was equity crowdfunding platform Seedrs. Seedrs’ description reads: “Seedrs allows all types of investors to… Read More

Overfunding: Plumen Surpasses £500,000 During Crowdcube Funding Round

Plumen, a UK-based energy-saving lightbulb manufacturer, has successfully secured its initial £500,000 funding goal through Crowdcube. The company launched the initiative earlier this month as it prepares to launch new products. As previously reported, Plumen revealed it created energy-saving lighting, using design and beauty to inspire adoption of sustainable… Read More

Equity Crowdfunding on the Go: Crowdcube Announces Upcoming iOS App

On Thursday, equity crowdfunding platform Crowdcube announced the upcoming launch of its iOS app. The website revealed: “[This app offers] equity crowdfunding investment opportunities like you’ve never seen before. The Crowdcube iOS app is coming soon, and selected Crowdcube investors will be offered the opportunity… Read More

AngelsDen on Brexit Decision: In Short Term, We All Expect A Period of Economic Volatility in the UK

One week after the UK voted to leave the European Union (EU), equity crowdfunding platform AngelsDen revealed its thoughts about the departure and economy predictions. The website stated: “Obviously the UK vote to leave the European Union has raised many questions about investing in UK… Read More

JustUs Sets Ambitious Plan to Disrupt Peer to Peer Lending

JustUs, a new peer to peer lending platform focusing on the IF ISA space, is preparing to launch a crowdfunding campaign on Crowdcube to raise £1 million. According to the company, this is part of a larger “ambitious” funding round to raise a total £5.35… Read More

Brief: Crowdcube Named EY’s Entrepreneur of the Year For London & South Region

On Wednesday, Crowdcube announced it was dubbed 2016 Ernst and Young Entrepreneur of the Year for the London and South regions. The equity crowdfunding team took to the portal’s social media pages and revealed the exciting news. Yay! @Crowdcube announced as #EOY2016UK #London & #South… Read More

Nationwide House Price Index Reports 0.2% Raise in June; LendInvest Co-Founder Responds

Despite the recent news that the UK has voted to depart from the European Union (EU), the National House Price Index announced the house prices have raised up by 0.2% this month, with an annual house growth now standing at 5.1% (average price £204,968). LendInvest’s co-founder… Read More

Crowd for Angels Debuts New Growth Funding Round

On Wednesday, investment crowdfunding platform Crowd of Angels announced the launch of its new growth funding round. The website is seeking a minimum of £196,000 (max £700,000) as it prepares to expand. Crowd for Angels reported it has helped to raise over £1.1 million for small growing companies… Read More

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