Tagged: united kingdom

July 3, 2015 @ 2:07 pm By JD Alois  |  

The new FSCS deposit limit will kick in on January 1st, 2016.  The limit for individuals is being lowered from £85,000 to £75,000 to be in line with the European Union Deposit Guarantee Scheme which is designed to “harmonize” the limit across Europe to €100,000.  The… Read More

July 2, 2015 @ 3:17 pm By JD Alois  |  

The Financial Conduct Authority (FCA), has been tasked with a mission to change and adapt to present day financial market realities.  Charged with the very important role of investor protection, and market efficiency, the FCA also maintains a mission to encourage competition.  It is this… Read More

July 2, 2015 @ 7:47 am By JD Alois  |  

The Peer to Peer Finance Association (P2PFA) in the UK has shared they will be partnering with Lendit on their annual conference to be held in London this coming October. Lendit has captured solid acclaim for its US conferences targeting the marketplace lending / peer… Read More

July 1, 2015 @ 10:42 am By JD Alois  |  

Extreme sport company Ruroc, is looking to broaden their business and move into other product sectors. So do they go to the bank for a loan? Nope. They are raising capital on Crowd2Fund and they are going with a revenue loan. Ruroc is creator of… Read More

July 1, 2015 @ 9:26 am By JD Alois  |  

This one falls under the category of recently discovered.  Bill Morrow, co-founder and Director of AngelsDen, a crowdfunding portal that has raised over £18 million for business believes “those who ask for business plans are doomed to fail”.  Now Morrow is not just being glib…. Read More

July 1, 2015 @ 7:54 am By JD Alois  |  

Yesterday Keystone announced its three-year funding agreement with Aldermore Bank, had ended. Today it has formed a partnership with Landbay to lend and estimated £200 million through Keystone in 2016. This is significant boost for Landbay, a company that has been in operation a bit over… Read More

June 30, 2015 @ 12:21 pm By JD Alois  |  

Alternative Business Funding (ABF) has a growing portfolio of members each with a service to provide access to capital for SMEs. The internet finance providers range from debt to equity, short to long term loans, and more.  The list of collaborators is a who’s who… Read More

June 26, 2015 @ 11:16 am By JD Alois  |  

The largest consumer review site in the UK Which? has reviewed several peer to peer lending platforms. Which?, in operation since 1957,  now claims over 680,000 print subscribers and 335,000 online readers.  The non-profit entity tests and reviews a wide range of products and services,… Read More

June 26, 2015 @ 9:32 am By JD Alois  |  

Richard Branson’s Pitch to Rich competition completed today with each finalist competing to share over £1 million in cash and prizes. Competing for the recognition were three crowdfunded companies: JustPark, Fourex and Cauli Rice. Each of these companies raised capital on Crowdcube so this is… Read More

June 26, 2015 @ 8:16 am By JD Alois  |  

Crowd2Fund, an FCA regulated crowdfunding platform that facilitates both debt and equity services, states their new Revenue Loan product has generated a solid response.  While still early, Crowd2Fund expects more businesses to use this type of security going forward. The Revenue Loan is a debt… Read More

June 24, 2015 @ 9:09 am By JD Alois  |  

  “A Branch-free, Paper-free and Stress-free Bank” The traditional banking industry has been rather slow to innovate.  Hundreds of years of operating branches, with tellers, is a hard thing to change.  It is also a costly and inconvenient business structure in a world where everything… Read More

June 23, 2015 @ 8:30 am By Erin Hobey  |  

    Known for sporting a natty brown fedora, Stewart literally wears many hats. Grammy Award-winning songwriter Dave Stewart is a producer, author, director, photographer, filmmaker, and philanthropist whose music career spans three decades and more than 100 million album sales, highlighted by his collaboration with Annie… Read More

June 22, 2015 @ 10:02 am By JD Alois  |  

Sugru, raising equity on Crowdcube, rocketed past £1 Million in just 4 days earlier this month.  The crowdfunding campaign benefitted by a solid consumer base of users and an expanding retail network.  Sugru is moldable glue, described as 21st century duct tape.  Early on in… Read More

June 22, 2015 @ 8:59 am By JD Alois  |  

GLI Finance has been recognized as the “Influential Voice in FinTech and “Encourager for SME Growth at Innovate Finance’s Diversity Awards.  GLI is an investor and operator in disruptive finance.  The company has remained outspoken about the benefits of disruptive finance in challenging traditional financial… Read More

June 20, 2015 @ 2:16 pm By JD Alois  |  

Bricks Financial, founded in 2014, has opened up operations in Exeter as they seek to offer investors the opportunity to “high quality projects” in the region for borrowers who are  “local businesses, individuals and friends where banks are unable or unwilling to help”.  The new peer… Read More

June 18, 2015 @ 11:58 pm By JD Alois  |  

BrewDog co-founder James Watt visited the studios of Max Keiser this week to share his equity crowdfunding odyssey which has been labeled EquityforPunks.  James starts off back in 2009 when the young brewery was looking for capital for their business yet there was none to… Read More

June 18, 2015 @ 8:58 pm By JD Alois  |  

VPC Specialty Lending Investments PLC, a listed fund that invests in peer to peer lending assets, has confirmed that the companies shares qualify for ISA inclusion. HM Revenue & Customs have announced that commending July 1, 2o15, savers may take advantage of this new asset… Read More

June 18, 2015 @ 7:56 am By JD Alois  |  

P2P Global Investments Plc, has announced a proposed “tap issue” for up to 1,999,999 ordinary shares at a price of 1075 pence.  The Board of Directors hopes to raise up to  £21,499,989.25 The Issue Shares represent just under 10% of the Company’s existing issued ordinary share capital…. Read More

June 17, 2015 @ 2:49 pm By JD Alois  |  

  On June 26th three winners will be announced in Richard Branson’s Pitch to Rich competition.  There are 9 finalists in the running, three of which are crowdfunding alumni. Cauli Rice, JustPark and Fourex each raised capital on investment crowdfunding platform Crowdcube. The nine in the… Read More

June 16, 2015 @ 9:44 am By JD Alois  |  

  Seedrs has become a go-to platform for other crowdfunding platforms. The growing list includes stalwarts like LandBay and TrillionFund.  Now they have added another crowdfunding platform to the ranks of aspiring platforms raising capital on their site; Swiss-Crowd. Swiss Crowd only recently launched their… Read More