Tagged: united kingdom

November 27, 2015 @ 10:50 am By Samantha Hurst  |  

Openplay, a service that brings sports to users’ doorstep, has recently launched an equity crowdfunding campaign on Crowdcube to raise £150,000. Within the first 24 hours, the project successfully secured over 50% of its initial goal The company is described as a website with an average 80,000 monthly visitors… Read More

November 27, 2015 @ 9:17 am By JD Alois  |  

The UK Government has published its response to the Enterprise Bill that was created to establish, as a new public body, a Small Business Commissioner.  The new position was described as including the functions of providing general advice and information to small businesses, and considering… Read More

November 26, 2015 @ 8:43 am By Conrad Ford  |  

Overdrafts have been small businesses’ go-to source of working capital for years now — a dependable way to cover short-term cash flow issues and ride out periods of instability. But since 2011, the banks have reduced or removed business overdrafts at a rate of £5… Read More

November 25, 2015 @ 2:04 pm By Samantha Hurst  |  

Following today’s Autumn Statement from Chancellor George Osborne, in which he  addressed the government’s success and pinpointing areas for economic improvement, Assetz Capital, one of the UK’s fastest growing peer-to-peer alternative finance platforms, revealed it is set to launch an innovative finance ISA account.  Stuart Law,… Read More

November 25, 2015 @ 10:46 am By JD Alois  |  

Chancellor of the Exchequer George Osborne gave a rousing speech highlighting the government’s success and pinpointing areas for economic improvement today in his annual trip to Parliament. The Autumn Statement delivered by Osborne can certainly be viewed as a success once you compare the UK economy… Read More

November 24, 2015 @ 1:42 pm By Samantha Hurst  |  

Cru Kafe, a UK-based organic coffee company, recently launched an equity crowdfunding campaign on Seedrs to raise £300,000 so that it can continue the expansion of its growing brand. The company, which was founded by John Quilter, Bodil Blain, and Colin Pyle, stated that its mission… Read More

November 24, 2015 @ 12:02 pm By JD Alois  |  

The  future of banking is almost here and Atom Bank, a digital only platform, has just received a solid £45 million investment from BBVA. The capital injection will give BBVA a 29.5% ownership stake in Atom. According to Atom, this completes the company’s £85 million… Read More

November 24, 2015 @ 10:21 am By JD Alois  |  

Shadow Banking & the recovery of the European economy Location: The Royal College of Surgeons of England, 35-43 Lincoln’s Inn Fields, London WC2A 3PE Lending into the European economy is being newly characterised by marketplace lenders and challenger banks that have developed new models and… Read More

November 23, 2015 @ 3:20 pm By JD Alois  |  

What is Finovate? Finovate is the only conference series focused exclusively on showcasing the best and most innovative new financial and banking technologies. Finovate conferences consistently attract large, high-impact audiences of senior financial and banking executives, venture capitalists, press, industry analysts, bloggers, regulators, and entrepreneurs…. Read More

November 23, 2015 @ 7:35 am By JD Alois  |  

Fast growing peer to peer lender Landbay has announced a new partnership with My Home Move. Landbay was said to be pleased to have found a conveyancing partner who shares their same vision of using technology to disrupt the incumbent mortgage market. My Home Move… Read More

November 20, 2015 @ 3:54 pm By JD Alois  |  

GamCrowd, a crowdfunding / crowdsourcing platform targeting the gaming industry and partner Clarion have announced they will once again work together on the Pitch ICE event that takes place this coming February. The duo are inviting gaming / gambling startups to enter the competition during… Read More

November 20, 2015 @ 12:46 pm By JD Alois  |  

Equity crowdfunding and its success will eventually be measured based off the returns generate for the investors. In the US ,equity crowdfunding is still in its infancy with only accredited crowdfunding having gained some minor traction. In the UK, which boasts a more enlightened regulatory… Read More

November 20, 2015 @ 8:21 am By JD Alois  |  

Crowdsourcing Week (CSW) has launched its initiative to raise additional capital on Crowdcube. The event organizer and consulting group is seeking to raise £80,000 to expand the company’s events and launch new products including integrated e-learning and consulting that will be accessible to a wider global… Read More

November 18, 2015 @ 3:06 pm By Samantha Hurst  |  

England wine producer, Chapel Down (EPIC: CDGP), announced on Wednesday that its beer and cider business, Curious Drinks Limited (“Curious Drinks”), has raised more than £1m through a placing and a crowdfunding campaign with Seedrs, one of the world’s leading equity crowdfunding platforms, surpassing its target… Read More

November 17, 2015 @ 1:43 pm By Samantha Hurst  |  

Last week, UK-based artisan produce market, Sourced Market, launched a Crowdcube bond to offer customers, foodies, provenance pioneers and financial gurus the opportunity to become a part of the future of this exciting and fast-growing business. The company is aiming to raise at least £750,000 through the equity… Read More

November 16, 2015 @ 3:27 pm By Samantha Hurst  |  

With less than one week until its equity crowdfunding campaign comes to an end, burrito & taco chain Chilango has successfully secured over £1.8 million dollars. Chilango launched its aptly named Burrito Bond in 2014.  The mini-bond security offered investors an 8% annual return over a four-year period…. Read More

November 16, 2015 @ 2:10 pm By Samantha Hurst  |  

AltFi, a media outlet for alternative finance, recently announced the winners of this years AltFi Awards. Among the winners were Funding Circle and SyndicateRoom. It was noted that this year AltFi split the award categories into three sections: Industry, Small Business & Investor. “For the industry… Read More

November 14, 2015 @ 11:53 am By Samantha Hurst  |  

Earlier this week, CrowdfunderUK’s brand communications manager, Jess Ratty, was chosen to appear at the TEDxBristol 2015 held at Bristol’s Colston Hall. She shared her thoughts about all things crowdfunding. The crowdfunding platform noted that the sold out event was set to be one of the largest in… Read More

November 14, 2015 @ 11:30 am By Samantha Hurst  |  

This week, equity crowdfunding platform Crowdcube caught up with one of its #FundedClub members, Cornwall-based The Eden Project, to discuss its progress and crowdfunding success. Described as the world’s largest indoor rainforest, the Eden Project sought to raise capital with a £1 million mini-bond offer. Crowdcube noted:… Read More

November 13, 2015 @ 3:22 pm By James Tuckett  |  

Hot of the press research by the Yorkshire Building Society (YBS) suggests that around 405,000 ISA savers could choose to use crowdlending (P2P), as it becomes part of the ISA family in 2016. This marks a huge number of people entering into the crowdlending market…. Read More