Tagged: united kingdom

June 22, 2016 @ 9:42 am By JD Alois  |  

Assetz Capital has formed a strategic relationship with FundBay, a deal matching platform.  As part of the relationship, Assetz Capital has created some new commercial mortgage products. According to Assetz Capital, the company has been collaborating with the Fundbay team in the development these new loan products for… Read More

June 21, 2016 @ 4:02 pm By Samantha Hurst  |  

British Business Bank announced on Tuesday the launch of its new Entrepreneur Finance Guarantee (EFG) Programme that is exclusively for new lenders. The bank is aiming to increase the number and diversity of lenders offering EFG-supported facilities to smaller businesses by opening up the lender accreditation process. According… Read More

June 21, 2016 @ 9:08 am By Samantha Hurst  |  

On Tuesday, Kickstarter announced it has formed a new partnership with Guardian Live. The funding portal revealed since the UK launch in 2012, it has been overwhelmed with the creative projects from all over the community. It has even passed 100 million in funding for UK… Read More

June 20, 2016 @ 10:32 pm By JD Alois  |  

UK based Fintech startup Invoice Cycle has secured a solid $4 million seed round.  The funding, first reported in Tech.eu, said participating investors, along with SeedL joined in the round. Müller Medien is an interesting investor as its roots are more traditional businesses. Founded in… Read More

June 20, 2016 @ 1:37 pm By Samantha Hurst  |  

Following the launch of its equity crowdfunding campaign on Crowdcube, Porky’s BBQ announced that it has received funds from Saracens players Alistair Hargreaves and Chris Wyles. The company, which is currently looking to raise £650,000, was founded by husband and wife, Joy and Simon Brigg, who were former owners… Read More

June 20, 2016 @ 11:12 am By Samantha Hurst  |  

Following the devastating death of British Labour Party politician, Helen Joanne “Jo” Cox, nearly 30,000 supporters have raised over £900,000 through the GoFundMe campaign, Jo Cox’s Fund, which was launched by her family and friends. On June 16th, Cox fatally shot and stabbed outside the library of Birstall, West Yorkshire, where she… Read More

June 20, 2016 @ 9:04 am By JD Alois  |  

The  European Investment Bank (EIB) and Funding Circle, a UK-based P2P lender, has jointly announced a £100 million loan program designed to support UK small business. The loans will be originated through the Funding Circle platform.  Funding Circle will also participate with a £25 million… Read More

June 18, 2016 @ 3:02 pm By JD Alois  |  

This past week LendInvest appointed  Stephen Wilcke as a Senior Advisor.  Wilcke has a long track in finance including being  CEO of HM Treasury’s Asset Protection Agency.  He was also head of OneSavings Bank where he positioned the firm for an IPO back in 2014.  Now… Read More

June 18, 2016 @ 1:27 pm By Samantha Hurst  |  

Less than a week after successfully securing its initial funding goal on Seedrs, London restaurant Pronto is quickly nearing £800,000. Pronto provides healthy meals delivered hot with a 25-minute free delivery. The restaurant revealed that it is looking to create delicious, affordable, quality meals that are healthy enough to… Read More

June 17, 2016 @ 5:00 pm By JD Alois  |  

The Bank of England is getting into the Fintech space.  In a speech by Mark Carney, Governor of the Bank of England, Carney embraced the disruptive transformation that is impacting all forms of finance.  He pointed to Fintech advocates who believe; “…the wave of innovation… Read More

June 17, 2016 @ 3:35 pm By Samantha Hurst  |  

Uni Market, an online marketplace that allows students to sell essential college supplies, has launched a Seedrs initiative to raise £70,000 as it prepares to expand. The marketplace now offers students an opportunity to sell items (such as textbooks, furniture, computers, etc.) for free. Students simply sign… Read More

June 17, 2016 @ 2:40 pm By Samantha Hurst  |  

Relevant Mix, the company behind Temptr, DatingBeyond and JustTXT, has recently launched an equity crowdfunding campaign on Crowdcube to raise £150,000 for user acquisition and feature developments. The company was founded in 2013 by Jack Knowles, a Dating Awards’ British entrepreneur of the year finalist. Relevant Mix… Read More

June 17, 2016 @ 9:55 am By JD Alois  |  

Mark Carney, the Governor of the Bank of England, delivered a speech today at the Lord Mayor’s Banquet for Bankers and Merchants of the City of London, entitled “Enabling the FinTech transformation: Revolution, Restoration, or Reformation?” Noting that “transparency is the hallmark of modern central… Read More

June 17, 2016 @ 8:21 am By JD Alois  |  

LendInvest, the leading online lender of commercial mortgages in the UK, has appointed Stephen Wilcke as a Senior Advisor.  Wilcke is the former Executive Chairman of OneSavings Bank – a FTSE 250 specialty lender.  According to LendInvest, Wilcke led OneSavings Bank on an extensive turnaround,… Read More

June 16, 2016 @ 1:16 pm By Samantha Hurst  |  

British Business Bank Investments Ltd., the commercial arm of the British Business Bank, announced that it has appointed Catherine Lewis La Torres as its new CEO. Lewis La Torre joins the company from Cardano and has over thirty years’ experience in the private equity industry focused on investing in the… Read More

June 16, 2016 @ 11:50 am By Samantha Hurst  |  

Following the announcement that Mondo is planning to change its unique name, digital only challenger bank is now dealing with rumors that it may be acquired by London-based, Lloyds Banking Group. As previously reported, Mondo Bank secured £1 million from investors through its Crowdcube initiative in… Read More

June 15, 2016 @ 11:11 am By Samantha Hurst  |  

UK fitness brand, énergie Fitness, announced on Wednesday it has closed its highly successful Crowdcube campaign, which secured nearly£629,300 from 283 investors (including  British entrepreneur Lara Morgan, who offered up £100,000 towards the brand’s expansion efforts). énergie, which has three brands of fitness clubs in 93 locations across five countries, currently has over 110,000… Read More

June 13, 2016 @ 4:52 pm By Samantha Hurst  |  

Just days after successfully securing its initial £550,000 crowdfunding goal on Crowdcube, virtual school-gate community, Classlist, announced three new employees to its team. Classlist enables parent communities to work together on a wide range of family related activities. It also offers a private social network for each school with messaging, events,… Read More

June 13, 2016 @ 2:23 pm By Samantha Hurst  |  

Meatcure, a burger restaurant chain from Market Harborough, has recently launched a Seedrs initiative to secure a total of £350,000 as it prepares to expand by opening five new locations. The company is currently offering 8.56% in equity for those who invest during the project. Meatcure, which was… Read More

June 13, 2016 @ 9:52 am By JD Alois  |  

Mondo, the digital only challenger bank that raised an astounding £1 Million in 96 Seconds on Crowdcube earlier this year, is changing its name. While the term “Mondo” embodies something utterly different from traditional banks, the label is being challenged by “an undisclosed company with a… Read More