Tagged: united kingdom

February 10, 2016 @ 11:30 am By Therese Torris  |  

Today at Finovate Europe in London, quite a few attendees were startled to hear Jevhenijs Kazanis, Twino’s CEO, confidently assert: “Twino will buy back any non performing loan after a 30 day period of delinquency.” How could that work? Many wondered. It was already startling… Read More

February 10, 2016 @ 10:09 am By JD Alois  |  

In an interview today on BBC, Lord Adair Turner, former Chair of the FSA (predecessor to the FCA), shared his opinion on banking and the financial industry in general, including a discussion on the burgeoning peer to peer lending sector.  Lord Turner, it appears, is… Read More

February 10, 2016 @ 9:01 am By JD Alois  |  

Recently launched equity crowdfunding platform Growthdeck, has merged operations with Squareknot based in Glasgow, Scotland in perhaps the first merger of two online equity marketplaces. Growthdeck, announced its debut this January to offer “investors more investment experience, transparency and a much higher level of customer… Read More

February 8, 2016 @ 5:47 pm By Samantha Hurst  |  

With less than two weeks left until its second Crowdcube campaign comes to an end, luxury marketplace, Luxtripper has successfully secured its initial £400,000 funding goal. As previously reported, Luxtripper, which secured £152,000 on Crowdcube last year, uses propriety tech to present travellers with their personalised… Read More

February 8, 2016 @ 2:20 pm By Samantha Hurst  |  

Offering up some advice to those looking to move to London’s famous neighborhood Notting Hill, Crowdcube #FundedClub member and storage company Lovespace has released a new moving guide for new or soon-to-be residents. The company, which was founded by Streetcar co-founder and entrepreneur Brett Akker, won the… Read More

February 7, 2016 @ 11:21 am By JD Alois  |  

AngelsDen has been on a steady trajectory of growth for the past several years. The migration from analogue funding to digitally raising money online appears to be doing rather well.  In 2015, AngelsDen raised approximately £11 million for 60 deals with the backing of 13,000 investors…. Read More

February 6, 2016 @ 9:30 am By Samantha Hurst  |  

Crowdcube #FundedClub member Bellfield Brewery recently announced, nearly a year after the closing of the company’s equity crowdfunding campaign, it is officially moving into the production stage. As previously reported, the new craft brewery with a mission: to make Gluten Free (GF) beers and lagers that taste… Read More

February 5, 2016 @ 3:09 pm By Samantha Hurst  |  

Earlier this week, global venture capital seed fund and startup accelerator, 500 Startups, announced that six companies have joined its London Distro Dojo program. Among the six was Seedrs success and creative shopping app, Fy. According to Venture Beat, 500 Startups announced in December that it would begin… Read More

February 5, 2016 @ 10:03 am By Samantha Hurst  |  

Continuing to find success wherever it goes, Crowdcube #FundedClub member and award-winning online marketplace in the UK, Farmdrop, announced this week that it has completed its £3M funding round led by Atomico, which was reportedly founded by Skype co-founder Niklas Zennström. As previously reported, Farmdrop hit Crowdcube in… Read More

February 5, 2016 @ 9:30 am By Samantha Hurst  |  

On Friday, Candy Kittens, the UK confectionery brand founded by Made in Chelsea star Jamie Laing, shared its plans for growth in 2016. The company stated it aims to achieve turnover of £800,000 with projected sales of £2.5 million by 2017. It recently launched a crowdfunding campaign… Read More

February 3, 2016 @ 3:42 pm By Samantha Hurst  |  

On Wednesday, equity crowdfunding platform Seedrs announced it is joining the Mayor of London’s International Programme. The programme reportedly offers mentoring, expert advice and real business opportunities for high-growth companies in the life sciences, technology and urban sectors. We’re excited to be joining the Mayor’s International… Read More

February 3, 2016 @ 2:30 pm By JD Alois  |  

In the UK, similar to other parts of the world, SMEs are the engine of economic growth and associated job and wealth creation.  According to the Federation of Self-Employed and Small Businesses (FSB); Small businesses account for 99.3% of all private sector businesses at the… Read More

February 2, 2016 @ 11:35 am By Samantha Hurst  |  

On Tuesday, Crowdfunder UK’s marketing manager, Jess Ratty,  revealed some tips on how to launch crowdfunding projects as part of the platform’s series, Bootcamp 2016. As previously reported, the reward-based crowdfunding platform stated that Bootcamp is an intensive three-week campaign, hosted by the Crowdfunder Academy to get new… Read More

February 2, 2016 @ 9:21 am By Samantha Hurst  |  

This week, Crowdcube caught up with one of its members, Rick Fish, to discuss his investing experience through the UK-based crowdfunding platform. The Crowdcube team shared: “Our next investor is Rick Fish, who is 39 and lives in North London. After spending almost 20 years… Read More

February 1, 2016 @ 8:06 am By JD Alois  |  

The UK Peer to Peer Finance Association (P2PFA) has published end of year numbers for 2015. The P2PFA tracks the top peer to peer lenders in the UK.  In Q4 of 2015, P2PFA members generated just shy of £650 million in loans. Their numbers also… Read More

January 29, 2016 @ 6:38 pm By JD Alois  |  

UK research firm Beauhurst has compiled some interesting data regarding the success, or failure rate, of issuers raising capital via equity crowdfunding. The UK is the most developed country in the world when it comes to raising capital online.  But the real results will inevitably… Read More

January 28, 2016 @ 8:28 am By JD Alois  |  

Rob Murray Brown, a steady critic of the equity crowdfunding industry particularly in the UK, has launched a service to support SMEs seeking to leverage the new form of finance. The new service has been labeled ECf Solutions. Brown has operated the web site “Fantasy Equity… Read More

January 27, 2016 @ 1:21 pm By Samantha Hurst  |  

Earlier this month, AutoTrip took to Crowdcube for the second time with a mission to raise an additional £350,000. AutoTrip, which is led by E-Car Club founder Andrew Wordsworth, captured £146,030 during its last Crowdcube round and is known to create a connected device which automates the recording… Read More

January 26, 2016 @ 12:42 pm By JD Alois  |  

Gust, a well-known startup funding ecosystem and SyndicateRoom, one of the leading equity crowdfunding platforms in the UK, have formed a partnership that will allow UK companies reach a far-wider audience of global angel investors. The collaboration is described as a new service to accelerate early stage… Read More

January 26, 2016 @ 12:01 pm By JD Alois  |  

Data provided by TheCrowdfundingCentre asserts that crowdfunding is the vehicle driving an “unprecedented” global wave of innovation.  In a report entitled, “2016: State of the Crowdfunding Nation”, the authors state that rewards based crowdfunding is providing much needed seed funding for smaller firms thus generating… Read More