Tagged: united kingdom

January 26, 2016 @ 8:51 am By JD Alois  |  

Following a €600,000 investment, Investly has launched a peer to peer lending platform targeting UK SMEs. Investly is an invoice finance platform similar to market leader MarketInvoice. SpeedInvest, a venture capital group that has been active in the Fintech space, provided the financing to enable… Read More

January 26, 2016 @ 8:49 am By Samantha Hurst  |  

Earlier this month, London’s online luxury marketplace, Luxtripper, took to equity crowdfunding platform Crowdcube to raise £400,000 so that it can complete its quote building/booking and hire additional personnel. Luxtripper, which secured £152,000 on Crowdcube last year, reportedly uses propriety tech to present travellers with their… Read More

January 25, 2016 @ 5:18 pm By Samantha Hurst  |  

With nearly a month until its equity crowdfunding campaign on Seedrs comes to an end, Chapel Down’s (EPIC: CDGP) Curious Brew has successfully capture over £1.4 million. As previously reported,  Chapel Down hit Seedrs last fall to support the expansion of the company’s “fast growing beer and cider… Read More

January 25, 2016 @ 2:08 pm By Samantha Hurst  |  

Last week, UK-based Red Squirrel Brewing Co. launched an equity crowdfunding campaign on Crowdcube with a mission to raise £500,000. RedSqurriel, which was founded in 2010 by Greg Blesson and Jason Duncan-Anderson, is “comprised” of a modern brewery in the Hertfordshire countryside, a chain of 3 craft… Read More

January 25, 2016 @ 11:48 am By JD Alois  |  

While the emerging sharing economy clearly produces economic benefits driven by intrinsic efficiencies the sector is confounding the UK government a bit – as they are struggling to quantify the overall benefit to society. This was discussed, to a degree, in a recent report published… Read More

January 25, 2016 @ 8:44 am By JD Alois  |  

Peer to peer lender Folk2Folk has announced the creation of a “Legal Panel” to support its national roll-out strategy.  This new entity is said to form a national network of law firms to support the company’s local secured lending model as a central part of… Read More

January 23, 2016 @ 11:28 am By JD Alois  |  

The Financial Conduct Authority (FCA) has published a consultation paper to address the rules regarding client money requirements for “loan based crowdfunding platforms” including peer-to-peer & marketplace lending. According to the FCA, presently an investors money held in relation to peer to peer loans must… Read More

January 22, 2016 @ 3:12 pm By JD Alois  |  

RateSetter, a UK-based marketplace lending platform, has surpassed £1 billion in loans and is staking a claim in setting a record. According to the company, RateSetter accomplished this milestone in 1,933 days. “The company believes it is now the largest online retail money market in… Read More

January 22, 2016 @ 10:59 am By Samantha Hurst  |  

This week, equity crowdfunding platform, Crowdcube, sat down with #FundedClub member 7billionideas to discuss the company’s growth since its success campaign ended. Crowdcube revealed that not only did 7billionideas secured £30,000 from 7 investors back in 2012, the startup also became one of the platform’s first… Read More

January 22, 2016 @ 8:17 am By Samantha Hurst  |  

Axol Bioscience, a UK-based startup that specializes in human cell culture, has captured £600,000 through its equity crowdfunding round on SyndicateRoom in just over four weeks. The company is raising funds to dramatically accelerate revenue growth and international expansion, as well as to support further product… Read More

January 20, 2016 @ 8:24 am By JD Alois  |  

Marketplace lending platform RateSetter has hired two former bankers in a move to boost their executive bench. Paul Marston has taken the position of Head of SME Lending and Angela Yotov as Head of Legal. Marston was previously employed by Secure Trust Bank, a challenger… Read More

January 19, 2016 @ 10:45 am By Samantha Hurst  |  

On Tuesday, Crowdcube announced that a grand total of 111 tech startup has secured £44.5 million through its equity crowdfunding platform. The Crowdcube team declared in a blog post:   “2015 was a record-breaking year here at Crowdcube as the equity crowdfunding market continued to grow at… Read More

January 18, 2016 @ 12:58 pm By JD Alois  |  

GamCrowd and Clarion Events have announced the participants in the forthcoming Pitch ICE event taking place at ICE Totally Gaming in February. GamCrowd is a crowdfunding platform that focuses specifically on the gaming / gambling industry. GamCrowd shares that 14 new businesses have produced a… Read More

January 18, 2016 @ 12:23 pm By JD Alois  |  

The National Federation of Self-Employed & Small Businesses (FSB) has released a report that indicates a “growing gap in confidence” between businesses in the North and those in the Midlands and the South. The FSB states businesses in the North risk being left behind. This… Read More

January 18, 2016 @ 9:38 am By Samantha Hurst  |  

On Monday, Crowdcube alum and #FundedClub member ioLight announced that it will be demonstrating its Magnificent Mobile Microscope at the Museum of Science and Industry in Manchester on January 21st and 22nd. As previously reported, ioLight took to Crowdcube in September for the microscope and surpassed its initial £150,000… Read More

January 18, 2016 @ 9:19 am By JD Alois  |  

Neyber has launched a new consumer lending program. The announcement comes on the heels of raising £6 million in a Series A funding round. The company raised £2.5 million in seed financing in 2015. Neyber is taking a slightly different approach to credit by offering low-interest… Read More

January 18, 2016 @ 9:00 am By Samantha Hurst  |  

On Monday, Crowdfunder UK announced details about crowdfunding campaign, Bootcamp 2016. The reward-based crowdfunding platform stated that Bootcamp is an intensive three-week campaign, hosted by the Crowdfunder Academy to get new projects into shape throughout January. Each day, industry experts will be on hand to reveal the… Read More

January 15, 2016 @ 3:55 pm By Samantha Hurst  |  

On Friday, affordable housing developer Pocket announced it is extending its second mini bond on Crowdcube, which was launched last month.  As previously reported, Pocket aims to raise the funds as part of it helping even more middle-income Londoners get their foot on the housing ladder.  The launch… Read More

January 15, 2016 @ 10:03 am By JD Alois  |  

The Innovative Finance ISA is a huge opportunity for the peer to peer lending industry.  Yet the introduction of the new ISA also highlights an ongoing issue for P2P platforms: The profound need to inform and educate potential investors and advisors of their services. Sure… Read More

January 13, 2016 @ 3:28 pm By Samantha Hurst  |  

Last week, founder and CEO of the Crowdcube/Seedr success POD Point, Erik Fairbairn, sat down with Tech City Insider to discuss the company and the future of e-cars. The media outlet shared that POD Point’s growth has also been fairly rapid. The staff headcount has increased from… Read More