Tagged: united kingdom

April 18, 2016 @ 12:19 pm By Samantha Hurst  |  

Last week, equity crowdfunding platform Crowdcube announced its first quarterly edition of Cubed magazine. The publication reportedly demonstrates the power of the crowd and all that can be achieved thanks to backers’ investment. The portal revealed: “Crowdfunding came into existence just five years ago when Luke Lang… Read More

April 18, 2016 @ 11:24 am By JD Alois  |  

According to multiple reports, HSBC is committing £10 billion in lending to UK SMEs. This announcement comes on the heels of a notice that HSBC has introduced its virtual platform that cuts business loan application and approval times – in half. Richard Davies, COO of… Read More

April 18, 2016 @ 11:13 am By Samantha Hurst  |  

London-based restaurant, Steakout, recently launched an equity crowdfunding campaign on Crowdcube to raise £400,000 as it prepares to open new locations throughout the UK. Steakout, which was founded in 2008, serves celebrity-endorsed steaks from its 8 franchised restaurants around in London, Slough, Woking, Leicester, Southall, and Harrow…. Read More

April 14, 2016 @ 5:42 pm By JD Alois  |  

Event organizer Crowdfinders has joined with a group of high-profile partners to launch an annual £100 million funding drive to raise both equity and debt capital to help scale UK SMEs. The partnership includes the following entities; Seedrs, SyndicateRoom, UK Business Angels Association (UKBAA), Crowdcube,… Read More

April 14, 2016 @ 9:37 am By JD Alois  |  

The Monetary Policy Committee (MPC) of the Bank of England has decided to hold steady with a 0.5% Bank Rate. The MPC also voted unanimously to maintain the stock of purchased assets financed by the issuance of central bank reserves at £375 billion. The BOE… Read More

April 14, 2016 @ 8:35 am By Samantha Hurst  |  

With less than two weeks until Billy Franks’ crowdfunding campaign on Crowdcube comes to an end, it was revealed that former Virgin Galactic president, Will Whitehorn has backed the artisan jerky company’s initiative. The company, which Mail on Sunday Magazine named “The Aston Martin of Jerky,” is… Read More

April 13, 2016 @ 4:09 pm By Samantha Hurst  |  

North South, a sustainable lifestyle brand for adventurous urbanites and young professionals, recently launched an equity crowdfunding campaign on Crowdcube to raise £100,000 as it continues to develop its products. The company revealed that it is aiming to provide high-quality, stylish clothing by using sustainably… Read More

April 13, 2016 @ 10:18 am By Samantha Hurst  |  

Earlier this month, ILoveGorgeous, a fashion brand that’s dedicated to offering clothing for girls, has recently launched a Crowdcube campaign to raise £300,000 for its new line for boys. Within just days of its debut, the initiative successfully secured its initial goal. The brand, which was founded in… Read More

April 13, 2016 @ 9:32 am By Samantha Hurst  |  

Alternative finance provider, Neyber, announced on Wednesday it has appointed former Zopa credit risk director, Paul Martin, as its new head of credit risk. Martin has reportedly 25 years of experience in the financial service sector and has held credit risks roles in various companies including… Read More

April 10, 2016 @ 3:35 pm By Samantha Hurst  |  

This weekend, Crowdcube announced that its #FundedClub member and creator of a self-service multi-currency note/coin exchange machine, FourEx, is set to open a new kiosk in London’s Bridge Station this month. Back in March 2015, FourEx secured £670,760 from 424 investors during its Crowdcube run. The company’s machines use image recognition… Read More

April 9, 2016 @ 12:16 pm By Oscar Jofre  |  

  I’ve spent a lot of time in the UK lately, and it’s been on my mind even more.  I was just there for the AltFi Europe Summit, and for the launch of The World’s First Fintech Book, and while I learned plenty, what sticks… Read More

April 8, 2016 @ 3:45 pm By Samantha Hurst  |  

Following the closing of Vivobarefoot’s highly successful Crowdcube initiative, founders of the UK shoe brand, Galahad Clark and Asher Clark, shared their frustration the equity crowdfunding platform had to block international investors from joining in. Galahad told Business Insider that Vivobarefoot missed out on thousands of pounds due to Crowdcube… Read More

April 8, 2016 @ 3:21 pm By Samantha Hurst  |  

Supper, a mobile application platform, has recently launched an equity crowdfunding campaign on Seedrs to secure £400,000 for its food delivery app. According to Supper, the app offers UK cooking professionals a convenient way to enjoy nutritious home-cooked food. London customers choose a chef and select an item… Read More

April 8, 2016 @ 10:16 am By Samantha Hurst  |  

ILoveGorgeous, a fashion brand that’s dedicated to offering clothing for girls, has recently launched a Crowdcube campaign to raise £300,000 for its new line for boys. The brand, which was founded in 2006, offers clothes and accessories for girls ages 0-15. It has two shops that… Read More

April 7, 2016 @ 2:28 pm By Samantha Hurst  |  

On Thursday, Crowdcube #FundedClub member, PrimoToys, announced the closing of its Kickstarter initiative for the coding toy, Cubetto. The project successfully secured $1,596,457 from 6,553 backers. Cubetto is a toy for both boys and girls and is powered by what is described as a “tangible” programming language…. Read More

April 6, 2016 @ 5:10 pm By Samantha Hurst  |  

Riversimple, a UK-based hydrogen fuel-cell car brand, has launched a Sharein campaign to raise £1M for the development of its lightweight hydrogen-powered vehicle, Rasa. The Rasa is described as a two-seater “network electric” car that is powered by a hydrogen fuel cell. Riversimple confirmed that the vehicle’s… Read More

April 6, 2016 @ 3:22 pm By Samantha Hurst  |  

Rise Art, an online marketplace for contemporary art, recently launched an equity crowdfunding campaign on Crowdcube to raise £150,000 as it prepares to expand. The company allows art lovers to easily buy or rent artwork. Its description reads: “We’re changing the way consumers find and own original… Read More

April 6, 2016 @ 1:33 pm By Samantha Hurst  |  

Continuing to share more stories of its platform’s funding successes, Crowdcube revealed a timeline of its #FundedClub member, Silkfred. SilkFred, which is described as a platform that provides online and offline routes to market for independent fashion brands, secured £145,610 from 70 investors in 2013 and has since… Read More

April 6, 2016 @ 11:28 am By JD Alois  |  

The UK peer-to-peer (P2P) lending industry has been waiting for this day for quite some time. The Innovative Finance ISA (IF ISA) is now available to savers across the country representing a new investment option promoted as driving superior risk adjusted returns for investors.  With… Read More

April 5, 2016 @ 2:11 pm By JD Alois  |  

  A Chinese delegation from Guiyang, the capital of Guizhou Province in China described as the “capital of crowdfunding” in the country, is visiting the City of Liverpool to explore potential areas of collaboration such as tourism, big data and crowdfunding.  The 24 delegates from… Read More