Tagged: united kingdom

March 30, 2015 @ 8:47 am By JD Alois  |  

Ablrate, a niche player in the peer to peer lending space that focuses on Aircraft backed securities, has announced a partnership with SIPPClub that is designed to enable sophisticated investors to invest in Ablrate loans through EvolutionSIPP. Self Invested Personal Pensions (SIPP) will assist the marketplace… Read More

March 27, 2015 @ 8:25 am By JD Alois  |  

VPC Speciality Lending Investments (LSE:VSL) has published a brief comment stating they have added investments in several direct lenders including OnDeck Capital, Funding Circle (USA), Upstart Network, Borro and Kreditech.  VPC has also provided a balance sheet loan to Applied Data Finance.  The company acquired… Read More

March 26, 2015 @ 9:01 am By JD Alois  |  

Peer to peer lender Funding Circle and Lancashire County Council have shared some data points on their partnership to provide capital to local businesses.  According to the pair, Lancashire County Council has directed over £1.5 million to 230 different companies.  The arrangement between the two… Read More

March 24, 2015 @ 8:58 am By JD Alois  |  

The UK Financial Conduct Authority is a relatively new entity having only been formed in 2013, reconstituted from its predecessor the FSA.  The transformation, which saw the responsibilities of the FSA migrated over to three different regulatory bodies, was engendered in part by the financial… Read More

March 23, 2015 @ 8:01 pm By JD Alois  |  

UK based All Street has launched its platform providing research for investors in crowdfunding offers.  The firm has claimed to be there first in the space.  All Street clarifies that all research will be independent and paid by the investors and not commissioned by platforms… Read More

March 23, 2015 @ 12:54 pm By JD Alois  |  

The UK has just announced a new £2 million fund created to back social organisations via peer to peer lending and crowdfunding platforms. The announcement did not mention specific platforms by name by disclosed platforms are being reviewed with an announcement coming  which platforms have… Read More

March 23, 2015 @ 10:35 am By JD Alois  |  

Peer to peer lender Funding Empire has announced a new, asset backed product in collaboration with The Business Lending Exchange (BLX).  The announcement was described as the “first product” in regards to the strategic relationship between Funding Empire and BLX. The new products are available… Read More

March 23, 2015 @ 9:19 am By JD Alois  |  

The Financial Conduct Authority has approved the application of Dubai based Eureeca and is now regulated under UK rules.  Eureeca is a leading investment crowdfunding platform in the Middle East.  According to Eureeca, the funding portal is seeking to assist UK based SMEs looking to enter… Read More

March 23, 2015 @ 7:51 am By JD Alois  |  

Investment crowdfunding platform Crowdcube has announced the launch of a new program called the “Sprint Programme” designed specifically to help fund startups raise seed funding. The very first company to leverage the new feature, the Pressery, quickly raised £150,000 in hours. Back to the Future… Read More

March 20, 2015 @ 10:42 am By JD Alois  |  

Earlier this week George Osborne, Chancellor of the Exchequer, took his story up to Parliament to share his view of the UK economy and his strategic vision going forward.  The speech was broadly well-received, and as politicians typically do, there was something for everyone including a… Read More

March 19, 2015 @ 10:48 am By JD Alois  |  

The combination of real estate and the internet is a perfect storm. The traditional approach continues to be labor intensive, and time consuming, for both sellers and buyersn and is truly in need of a big update.  iProperty is one of these new, innovative firms,… Read More

March 17, 2015 @ 5:05 pm By JD Alois  |  

The six pioneering organisations that have been taking part in The People’s Accelerator at The Young Foundation for the past four months will pitch to the Peoples Panel to galvanize financial and non-financial support from audience members and digital networks. Join us for the culmination… Read More

March 17, 2015 @ 9:00 am By JD Alois  |  

Parking innovator JustPark has closed its highly successful equity crowdfunding round on Crowdcube having raised £3.7 million from 2916 investors purchasing 15.61% equity in the firm in 34 days.  According to Crowdcube, investors came from around the world including Hong Kong, Costa Rica and Monaco…. Read More

March 17, 2015 @ 8:06 am By JD Alois  |  

VPC Specialty  Lending Investments PLC has successfully listed shares on the London Stock Exchange (LSE) on the “premium listing segment of the Official List.  VPC will trade on the LSE under ticker symbol VSL.  VPC was created by asset manager Victory Park Capital, a firm… Read More

March 16, 2015 @ 11:59 am By JD Alois  |  

Seedrs, a leading European investment crowdfunding platform, has been growing rapidly expanding its brand and offerings across all of Europe. The funding portal, one of the first in the UK, has put together an infographic to highlight some of its accomplishments from 2014 – of… Read More

March 16, 2015 @ 10:25 am By JD Alois  |  

Alibaba, the Chinese internet conglomerate, has formed another strategic alliance to provide loans to businesses. Earlier this month Alibaba inked an agreement with Lending Club to facilitate loans to US businesses seeking to purchase goods from China manufacturers. Now Alibaba has created a similar arrangement with… Read More

March 15, 2015 @ 4:02 pm By JD Alois  |  

Switzerland based Investiere has published as list of the top 5 investment crowdfunding platforms based on total funding volume.  The rankings were released earlier this month.  Investiere only included platforms that publicly publish data on their site so platforms like Seedrs and SyndicateRoom, two leading… Read More

March 14, 2015 @ 5:42 pm By JD Alois  |  

  According to a recent report, aspiring UK crowdfunding platforms are suffering from extended delays in platform approval by the Financial Conduct Authority (FCA).  In an article published in the Guardian, the missive declared that, “the FCA has approved only two crowdfunding platforms in the… Read More

March 13, 2015 @ 1:51 pm By JD Alois  |  

The Financial Conduct Authority (FCA) has revealed its guidance on promoting financial offerings via social media.  Social Media, such as Twitter, Facebook and an increasing number of other networks, have grown dramatically in recent years representing a shift in how individuals, and businesses, communicate. Acknowledging… Read More

March 12, 2015 @ 8:15 am By JD Alois  |  

Zopa has just celebrated its birthday of providing loans to consumers for 10 years.  Since the site launched way back in 2005, the peer to peer lending industry has changed and grown dramatically.  This growth continues today with the incorporation of new technology, better customer… Read More