Tagged: united kingdom

February 19, 2016 @ 2:15 pm By Samantha Hurst  |  

On Thursday, Business Insider UK announced its 100 Coolest People in UK Tech list. Among those who were named were CEO of Funding Circle Samir Desai, CEO/co-founder of Seedrs Jeff Lynn and Crowdcube co-founders Luke Lang and Darren Westlake. Sharing details about the list, the media outlet revealed:… Read More

February 19, 2016 @ 12:22 pm By Conrad Ford  |  

In an allegory for the wider problem of SME funding, recent research has revealed that the UK’s small construction firms are struggling to return to the profits they achieved before the recession, while large housebuilders have already recovered beyond their pre-crunch highs. Small firms saw… Read More

February 19, 2016 @ 7:37 am By JD Alois  |  

Assetz Capital states that its Quick Access Account (QAA) has seen over £22.7 million invested in their new service. Byt March that number is expected to hit £30 million.  QAA competes with bank savings accounts by providing a higher rate of return for savers will… Read More

February 18, 2016 @ 12:00 pm By Samantha Hurst  |  

On Wednesday, UK  independent brewery BrewDog announced that it plans to launch an equity crowdfunding campaign in the US as it expands operations into the city of Columbus, Ohio. The ongoing Equity for Punks project will now have a Yankee version called Equity for Punks USA…. Read More

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

On Thursday, Seedrs offered up a new incentive to those who see and share its latest ads on the London Tube or Underground. The funding portal shared: “Spot one of the Seedrs  ‘Boring is the new Exciting’ large format posters on the London Tube or in… Read More

February 18, 2016 @ 7:27 am By JD Alois  |  

Peer to peer lender Zopa has announced it will launch a trio of new products to replace its existing lending offerings. The new products; Zopa Access, Zopa Classic and Zopa Plus, are designed to offer more choice and flexibility to lenders.  For current lenders, Zopa… Read More

February 17, 2016 @ 2:25 pm By Samantha Hurst  |  

On Wednesday, The Guardian announced the top 10 craft pubs that are located in South London. Of the various pubs was Crowdcube success and #FundedClub member, UBrew. Back in January 2015, UBrew took to the UK-based equity crowdfunding platform to raise £75,000 so that it may… Read More

February 17, 2016 @ 12:01 pm By Samantha Hurst  |  

Earlier this month, preserve masterminds of The London Jam Factory have launched an equity crowdfunding campaign on Crowdcube to raise £130,000. The award winning jam manufacturer, which was founded two years ago, revealed that it was created when founder Pierre-Louis Phelipot’s mother gave him her copper preserving pan. With… Read More

February 17, 2016 @ 9:11 am By JD Alois  |  

Neyber, a digital lender that allows companies to provide access to credit as an employee benefit, states their loan book jumped by 40% in January to £10 million.  Neyber predicts it will lend £100 million across the UK for the year as it extends its service… Read More

February 17, 2016 @ 8:45 am By JD Alois  |  

AngelsDen, an investment crowdfunding platform with roots in the analog past, believes “angel-led” investing is the way of the future. In comparison to other UK platforms, AngelsDen is small having raised just £11 million in 2015.  But regarding post funding success, so far to date, companies… Read More

February 16, 2016 @ 7:09 pm By JD Alois  |  

    The University of Cambridge Centre for Alternative Finance and Nesta have released their much-anticipated report on alternative forms of finance tracking results for 2015. The research was completed in partnership with KPMG and with the support of CME Group Foundation. Entitled”Pushing Boundaries”, the… Read More

February 16, 2016 @ 1:58 pm By JD Alois  |  

ArchOver, a peer to peer or “B2B crowdlending platform”, has facilitated a sizeable £2.3 million loan to provide working capital to Duradiamond. The deal is stated to be a record-breaking amount for not just the online lender but for the industry as a whole.  Duradiamond… Read More

February 16, 2016 @ 11:09 am By Samantha Hurst  |  

Oppo, a luxury ice cream brand from London, launched an equity crowdfunding campaign on Seedrs to raise £150,000 so that it may continue expansion. The company has created ice cream with fewer calories than an apple. It contains 60% fewer calories than regular ice cream… Read More

February 16, 2016 @ 8:42 am By JD Alois  |  

Zoopla (LSE:ZPLA) has invested an undisclosed sum in peer to peer mortgage lender Landbay.  The announcement was revealed in a corporate filing by Zoopla as well as a statement on the Landbay site.  Zoopla also announced partnership/investments in PropertyDetective, FixFlo and Trussle, each representing an important vertical… Read More

February 16, 2016 @ 8:05 am By JD Alois  |  

RateSetter has announced it has removed all early exit fees from its monthly investment market. This means that investors will have better access to their money without having to pay additional fees associated with an exit. RateSetter also states this new “easy access” will also… Read More

February 15, 2016 @ 1:47 pm By JD Alois  |  

Peer to peer (marketplace) lending is poised to supplant all types of debt markets. While many platforms have focused on the low hanging fruit of providing consumer credit, online lending will someday soon be the norm across many verticals.  In the UK, the mortgage market… Read More

February 15, 2016 @ 9:16 am By JD Alois  |  

Mondo, a UK based challenger bank, is raising £6 million to help fund it’s mobile-first vision of the future of banking. Mondo has already received commitments from leading venture capitalists including Eileen Burbidge’s Passion Capital, but as part of the funding round Mondo will be… Read More

February 13, 2016 @ 3:53 pm By Therese Torris  |  

The FinovateEurope conference closed its doors on February 10th in London after two days packed with company pitches, demos, and networking. It was the biggest FinovateEurope since Finovate launched its first London event in 2010. Some 72 FinTech companies submitted their product and service innovations… Read More

February 13, 2016 @ 10:42 am By Samantha Hurst  |  

With less than five days until its Crowdcube campaign comes to an end, yoga and fitness studios, Ethos have successfully secured nearly £800,000 thanks to over 300 investors. Ethos, which was founded by Cambridge graduates Dr. Theo Koutroukides and Jennifer Hersch, is described as a chain of… Read More

February 12, 2016 @ 3:21 pm By Samantha Hurst  |  

Jake Bullough, founder of Crowdcube #FundedClub member, Beara Beara, recently discussed how his company has grown since its success on the equity crowdfunding platform. The company, which offers consumers leather bags, successfully secured £203,540 from 131 investors last year. While describing the company, Bullough stated: “Beara Beara is… Read More