Tagged: united kingdom

September 14, 2015 @ 2:55 pm By JD Alois  |  

SyndicateRoom recently introduced a new concept to the equity crowdfunding space. “Lift Rounds” are effectively crowdfunding rounds that have already hit their minimum investment funding target and are now being opened up to new investors as an extension to the offer. SyndicateRoom is a platform… Read More

September 14, 2015 @ 10:21 am By JD Alois  |  

It may be Fashion Week in New York City, but it is FinTech Week in London.  Fashion Week claims an origin from way back in 1943. FinTech Week is a bit younger having been launched just last year and perhaps a bit more important. Created… Read More

September 13, 2015 @ 2:44 pm By JD Alois  |  

Finance Magnates is preparing for its 4th consecutive London Summit to be held in early November.  The event organizers state that over 1500 FinTech and FX executives will convene to discuss the financial industry and the fast pace of change with the advent of internet… Read More

September 12, 2015 @ 12:16 pm By JD Alois  |  

The UK’s Innovate Finance has partnered-up with Hartree Centre to create the FinTech Blockchain lab.  Hartree Centre is a “high performance” computing and data analytics research facility which was founded by the UK government.  Innovate Finance is a not for profit group that was created… Read More

September 9, 2015 @ 11:21 am By JD Alois  |  

Peer to peer lending comparison site 4thWay has shared a data points of the “big 3” direct lenders in the UK.  4thWay notes the platforms are “aligned” as one would expect. All three continue to have “satisfactory to excellent bad debt rates”.  How much you… Read More

September 8, 2015 @ 12:40 pm By JD Alois  |  

Victory Park Capital (VCP) has announced a new issuance of common shares to raise another £200 million for VPC Specialty Lending Investments (VSL). The offer price is expected to be £1.00 per C share. The shares presently trade on the LSE. According to the firm,… Read More

September 3, 2015 @ 7:11 pm By JD Alois  |  

In a letter to Funding Circle investors, and a post on the Funding Circle site,  the UK’s leading SME direct lender announced within the next month the platform will shift to fixed interest rate loans. Presently Funding Circle uses a bidding process where investors compete… Read More

September 2, 2015 @ 7:37 am By JD Alois  |  

Crowdcube has become the first UK investment crowdfunding platform to surpass the £100 million investment mark.  The platform shared details on the accomplishing as it headed higher. Powered Now, which is currently overfunding after topping its initial £350,000 goal was the listing that took Crowdcube over… Read More

September 1, 2015 @ 7:53 am By JD Alois  |  

BrewDog and its “Equity for Punks” crowdfunding offer is now listed on Crowdcube in a “first” combined debt and equity capital raise.  The offer is marketed as the “Worlds Biggest [funding] Round”. According to Crowdcube, investors may purchase 2 shares of BrewDog stock for £95… Read More

August 31, 2015 @ 10:17 am By JD Alois  |  

Investment crowdfunding platform Seedrs is ending the summer on a positive note. According to the UK-based company, August has been a stellar month. The funding portal revealed in a note to followers; “You’d think it would be safe to assume that most people head offline over August… Read More

August 29, 2015 @ 4:53 pm By JD Alois  |  

Leading peer to peer lending platform Zopa has announced an executive shake-up that has removed Giles Andrews as CEO. Effective immediately, Jaidev Janardana is the new CEO of Zopa. Andrews, a Zopa co-founder, will now be Executive Chairman of the fast growing direct lender. Janardana… Read More

August 28, 2015 @ 11:08 am By JD Alois  |  

Typically investment crowdfunding platforms vet the issuer and then list the offer on its site. The issuer pounds the pavement to enlist investors to raise the capital they need. This is no field of dreams and is a lot of work. While raising capital online is… Read More

August 27, 2015 @ 8:48 am By James Tuckett  |  

Hold the front page – the Chinese economy is slowing down. Who didn’t see that one coming? In an age of intertwined economies, extreme volatility in China is being exported globally. Calamity across the Chinese commodity markets this week is having largely foreseen global consequences…. Read More

August 26, 2015 @ 1:27 am By Midori Yoshimura  |  

  London-based Angels Den, an angel-led equity crowdfunding platform, has now successfully raised $1 million from a Mexican family office to launch their angel-led crowdfunding model across Mexico, with bases in five major cities. Following two years of preparation, Angels Den Mexico has ambitious growth plans… Read More

August 25, 2015 @ 2:15 pm By JD Alois  |  

Newly minted crowdfunding platform InvestDen has partnered with NYC based Crowdnetic to “make the sector morally accountable for the deals it offers to investors,” this according to Tech City News. InvestDen just launched in June and is an investment crowdfunding platform that offers both debt… Read More

August 24, 2015 @ 7:57 am By JD Alois  |  

Stockflare, an online investment advisor, quickly surpassed its £300,000 equity crowdfunding goal on Crowdcube and closed overfunded at over £442,000.  According to the listing page, 288 investors participated in the round that took just two weeks to fund. Crowdcube reports the equity crowdfunding was “underpinned”… Read More

August 23, 2015 @ 3:17 pm By JD Alois  |  

In its fourth consecutive year, Finance Magnates’ London Summit, taking place in November, expects this year’s event to be the biggest yet.  The gathering has been stretching its subject over the years to cover a diverse, cross-section of FinTech and new finance. Last year’s event had… Read More

August 21, 2015 @ 1:20 pm By JD Alois  |  

Tossed, a chain of “vibrant” healthy eating restaurants, went to Seedrs to raise £750,000 for a 5.5% equity stake in the growing company that gave a pre-money valuation of £12.8 million.  The still open equity crowdfunding campaign is now over £1.2 million as over 630… Read More

August 21, 2015 @ 12:45 pm By JD Alois  |  

  Seedrs opened up an investment round in their own company for investors on their platform to join the equity crowdfunding odyssey.  Seedrs very best investors were given early access to the £2.5 million set aside for users at 9AM today.  Pre-money valuation was set… Read More

August 21, 2015 @ 7:00 am By JD Alois  |  

Seedrs announced last month a Series A funding round in the amount of £10 million led by Woodford Patient Capital Trust along with Augmentum Capital.  As part of that funding round the equity crowdfunding platform has carved out £2.5 million for new shareholders – to… Read More