Tagged: united kingdom

April 5, 2016 @ 10:13 am By JD Alois  |  

The Financial Conduct Authority (FCA), UK’s securities regulator, has published its business plan for the coming year. The FCA is in a period of transition as interim CEO Tracey McDermott, will be transitioning out as her replacement Andrew Bailey takes the helm of the agency… Read More

April 5, 2016 @ 8:56 am By JD Alois  |  

Alternative finance provider Neyber has hired Heidi Allan to lead “insights and engagements” at the direct lending firm. Allan was previously vice president, proposition manager at Barclays where she participated in the delivery of thought leadership pieces including ‘Talking About My Generation’ and ‘Financial Well-being: The… Read More

April 5, 2016 @ 8:19 am By JD Alois  |  

Pocket App, a company that creates custom mobile apps, has quickly topped its £750,000 equity crowdfunding objective on Seedrs having garnered the backing of 321 investors with an average investment amount of about £2300.  Pre-money valuation was placed at £3.6 million. The investment offer is… Read More

April 2, 2016 @ 10:55 am By Samantha Hurst  |  

With their campaign for the “Airlander” continuing to be a huge success on Crowdcube, the team at Hybrid Air Vehicles sat down with the equity crowdfunding platform to discuss what they have been up to since their last initiative and why they decided to use crowdfunding once… Read More

April 1, 2016 @ 2:34 pm By Samantha Hurst  |  

This week, CEO of Seedrs, Jeff Lynn, sat down with The Memo to share details about the crowdfunding industry’s growth and his opinion on competitor, Crowdcube. During his interview, Jeff discussed Crowdcube: “I have a lot of respect for the way Crowdcube [has] done some things, they have… Read More

April 1, 2016 @ 11:15 am By Samantha Hurst  |  

Earlier this week, UK’s West Berkshire Brewery launched an equity crowdfunding campaign on Seedrs a grand total of £1.5 million as it prepares its growth and expansion plans. West Berkshire Brewery was founded in 1995 and has produced a wide range of bottle, kegged and cask-conditioned beers… Read More

April 1, 2016 @ 9:38 am By Samantha Hurst  |  

Craved, a UK-based online marketplace that is dedicated to craft foods and drink, has launched an crowdfunding campaign on Crowdcube with a mission to raise £120,000. The company is currently offering 13% in equity for those looking to invest. The e-commerce business delivers craft food drinks… Read More

April 1, 2016 @ 9:03 am By Samantha Hurst  |  

Ginmiester has launched a crowdfunding campaign on Growthdeck to raise £600,000 as it prepares to expand its pink gin brand, Pinkster.  The brand’s description reads: “The base Pinkster spirit is distilled to Pinkster’s own recipe with five botanicals by G&J Distilleries, the leading distiller and… Read More

March 31, 2016 @ 9:49 pm By JD Alois  |  

The Bank of England has released the monthly statistics regarding lending and according to the BOE lending to non-financial SMEs grew by £0.7 billion compared to an average monthly increase of £0.2 billion over the previous 6 months. Certainly an improvement.  Louise Beaumont, an executive… Read More

March 31, 2016 @ 2:56 pm By Samantha Hurst  |  

Earlier this month, London-based Tidy Books  hit crowdfunding platform Crowdcube for the second time to secure £150,000 in additional expansion funds. The company stated it designs award-winning storage products for children. It raised £3 million in sales through its website, John Lewis, Amazon, and other big name retailers. “We believe we meet… Read More

March 31, 2016 @ 2:22 pm By JD Alois  |  

Leading equity crowdfunding platform Crowdcube has announced surpassing £150 million (about $216 million) since launching in 2011.  According to a company report £83 million took place in 2015 alone representing a solid growth trajectory. The milestone was passed with the crowdfunding campaign of Vivobarefoot that… Read More

March 31, 2016 @ 7:57 am By JD Alois  |  

Crowdstacker is one of the elite few peer to peer lending platforms that has received the stamp of approval by the FCA as a fully regulated platform.  While other P2P platforms will follow, Crowdstacker will be ready to go next week as the Innovative Finance… Read More

March 30, 2016 @ 2:40 pm By JD Alois  |  

The Innovative Finance ISA (IF ISA) becomes actionable for all UK savers next month and the peer to peer industry is moving rapidly to embrace the new investment vehicle. Assetz Capital, has announced its plans for the IF ISA. According to Assetz Capital management, both… Read More

March 30, 2016 @ 12:40 pm By Samantha Hurst  |  

On Wednesday, crowdfunded brewery, BrewDog, announced it is launching a new craft beer delivery service for its London customers. BrewDog teamed up with Deliveroo for the service and will allow customers to purchase bottled beers directly from its bars in Clapham Junction, Clerkenwell, Shepherd’s Bush, Shoreditch, Soho, and King’s Cross…. Read More

March 30, 2016 @ 11:31 am By Samantha Hurst  |  

This week, equity crowdfunding platform Crowdcube caught up with #FundedClub member Pobble to discuss what the company has been up to since its funding success. According to Crowdcube, Pobble is on a mission to create a more literate world, by giving teachers a means to inspire… Read More

March 30, 2016 @ 10:49 am By JD Alois  |  

Goji, a platform that aggregates peer to peer lending investment opportunities including the forthcoming Innovative Finance ISA, has announced its “official” launch as the new IF ISA is set to hit hit the marketplace. Goji states that P2P lenders Landbay, ArchOver and Assetz Capital are… Read More

March 30, 2016 @ 8:44 am By JD Alois  |  

While many of the larger peer to peer lending platforms remain in limbo as to whether or not they will make the April 6th launch date for the Innovative Finance ISA (IF ISA), Abundance will be one of the first to offer the newly minted… Read More

March 30, 2016 @ 8:40 am By Samantha Hurst  |  

On Tuesday, UK’s Yorkshire Meatball Co. announced that it was extending its equity crowdfunding campaign on Crowdcube by an extra two weeks. The company hit the funding portal earlier this month to raise £100,000 as it plans to expand its restaurant chain. The team at Yorkshire… Read More

March 30, 2016 @ 7:52 am By JD Alois  |  

Leading mortgage peer to peer lender LendInvest has published a statement of caution and concern regarding the recently increased stamp duty tax on buy-to-let properties.  Christian Faes, CEO of LendInvest, called the Stamp Duty Land Tax (SDLT) increase “bad news” as landlords will be facing… Read More

March 29, 2016 @ 1:31 pm By Samantha Hurst  |  

UK’s Hybrid Air Vehicles recently hit equity crowdfunding platform, Crowdcube, to secure £500,000 for Airlander, which is dubbed the world’s “large” aircraft. Within just day after its debut, the project successfully secured its initial goal from nearly 450 investors. The company turned to the funding method after launching… Read More