Tagged: united kingdom

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

July 25, 2016 @ 1:46 pm By JD Alois  |  

Gillian Roche-Saunders, is a partner at the law firm of Bates, Wells & Braithwaite in London.  She is a leading regulatory consultant in the Fintech sector having been engaged in alternative finance for the past five years – before the FCA jumped in to officially… Read More

July 25, 2016 @ 10:48 am By JD Alois  |  

What we do know about the Brexit is that uncertainty equals risk. And additional risk compels investors to become more cautious in their actions. With so many unknowns regarding the ramifications of the Brexit decision, it is going to take some time to sort things… Read More

July 25, 2016 @ 8:38 am By JD Alois  |  

The UK Peer to Peer Finance Association (P2PFA) has released its second quarter numbers for 2016. The P2PFA was founded in 2011 as a self-regulatory body for the sector to promote high standards of conduct and consumer protection and represents the largest P2P lenders in… Read More

July 24, 2016 @ 7:22 pm By JD Alois  |  

More United, an upstart political movement that says it is not a party, is attempting to alter the course of UK politics and crowdfunding is one of their tools. According to their website, the organization has five fundamental beliefs, inspired by the late Jo Cox MP, who… Read More

July 24, 2016 @ 6:33 pm By JD Alois  |  

ICYMI London-based start-up Plutus Tap & Pay raised money in a “Crowdsale”.  Plutus is creating a contactless payment system for cryptocurrencies. According to a statement by Plutus; “Over a thousand people rushed to participate to what was probably the shortest 9 day crowdfunding round to… Read More

July 23, 2016 @ 2:49 pm By JD Alois  |  

  John Goodall and Gray Stern launched their company, Landbay, with the help of Seedrs.  Before their website was even live, Goodall and Stern were raising seed capital on the crowdfunding platform for their vision of mortgage finance.  Their first funding round was for only £50,000… Read More

July 23, 2016 @ 8:49 am By Samantha Hurst  |  

Just a few days after launching its new equity crowdfunding round, Crowdcube announced it has officially welcomed the 3,000th person to its crowd of investors. The company launched its highly anticipated campaign earlier this week and within the first 24 hours, the platform raised over £6… Read More

July 22, 2016 @ 11:31 pm By JD Alois  |  

The reverberations of Brexit aftershocks will be felt for months to come. So many unknown variables create market uncertainty and thus added risk. One of the most immediately impacted sectors of finance was real estate. London has been one of the hottest property markets in… Read More

July 21, 2016 @ 12:18 pm By Samantha Hurst  |  

London bakery, Genuine Cakes (also known as GC) has recently launched an AngelsDen campaign to raise £250,000 as it prepared to expand into the central part of the city. The company, which is owned by cake designer Marie Sinclair and business partner Sach Singh, provides… Read More

July 21, 2016 @ 10:55 am By Samantha Hurst  |  

One week after launching its equity crowdfunding campaign on Seedrs, London-based healthy meal delivery service, Mindful Chef, has successfully secured its initial  £400,000 funding goal. As previously reported, Mindful Chef is described as a young company that makes healthy eating easy by delivering all the good-for-you ingredients to create… Read More

July 21, 2016 @ 10:32 am By JD Alois  |  

The new Financial Conduct Authority (FCA) Chief Executive Andrew Bailey, delivered a wide-ranging speech outlining his vision for the regulatory agency at the Annual Public Meeting yesterday (July 21).  Bailey replaced outgoing executive Tracey McDermott who announced her decision to not seek reappointment this past… Read More

July 20, 2016 @ 3:37 pm By Samantha Hurst  |  

Last week, creators of the social platform, Spontly, took to equity crowdfunding platform Seedrs to raise £200,000. Within a matter of days, the initiative successfully secured over £170,000 from nearly 80 investors. Spontly is described as a platform for building social apps for existing community…. Read More

July 20, 2016 @ 2:11 pm By JD Alois  |  

UK alternative lender Nucleus Commercial Finance is providing a £14.5 million finance facility to Industrial Metal Services (IMS), a large steel stockholder, to the tune of £14.5 million.  This may be the largest loan ever for Nucleus.  While the company is claiming to be the… Read More

July 20, 2016 @ 1:24 pm By Samantha Hurst  |  

Earlier this week, London’s mayor, Sadiq Khan, launched the #LondonIsOpen campaign, which was to show the world that London continues to remain united and open for business following the UK’s recent vote to depart from the European Union (EU). Khan reportedly stated: “London is the best… Read More

July 19, 2016 @ 8:05 am By JD Alois  |  

Crowdcube is in the midst of a self-crowdfunding round seeking an initial goal of raising £5 million.  In the first 24 hours, the platform raised over £6 million and is now in over-funding mode.  As it stands now, over 2450 investors have invested in the… Read More

July 18, 2016 @ 11:40 am By Samantha Hurst  |  

On Monday, Crowdfunder UK announced it has created a new way for projects to secure additional funding and support to turn their ideas into reality. The crowdfunding platform is set to distribute funds, which is traditionally given by councils, brands, and community funds through grants… Read More