Tagged: united kingdom

March 10, 2015 @ 10:28 am By JD Alois  |  

Louise Beaumont joined a panel on Democratising finance yesterday at the inaugural Innovate Finance conference.  The session entitled The rise of alternative finance in the UK saw her join a prestigious group to discuss the future of finance. Louise is the head of Public Affairs at GLI… Read More

March 10, 2015 @ 9:13 am By JD Alois  |  

Leading peer to peer lending platform RateSetter, has hired Simon Pearse as head of compliance.  Described as an “industry heavyweight”, Pearse previously spent 8 years as a senior manager at the FSA/ FCA and also led the development of the regulatory risk framework at OneSavings… Read More

March 10, 2015 @ 9:00 am By JD Alois  |  

Madiston LendLoanInvest is launching a new Secondary Market for P2P loans. The UK based firm is said to give lenders the opportunity to cash in their loan parts early if they need to, giving lenders liquidty when necessary.  The firm said it is adding new… Read More

March 10, 2015 @ 8:14 am By JD Alois  |  

The CEO of JustPark, Alex Stephany, and Crowdcube co-founder Luke Lang teamed up yesterday to talk about crowdfunding and the sharing economy. JustPark is raising capital on Crowdcube right now and their funding round has hit it out of the park. JustPark connects drivers in need… Read More

March 9, 2015 @ 10:45 am By JD Alois  |  

Pocket, a new type of property developer, is seeking a raise of £1.5 million on Crowdcube offering investors the ability to earn 7.5% gross interest rate starting at £500.  The “Pocket Bond” is set for a 4 year term at which time investors may choose… Read More

March 9, 2015 @ 10:04 am By JD Alois  |  

Innovate Finance, a new organization that represents the fast growing FinTech sector in the United Kingdom, is holding its inaugural conference today in London.  The summit will discuss the impact of new innovative FinTech firms on the traditional financial industry.  Innovate Finance is expected to… Read More

March 9, 2015 @ 8:52 am By JD Alois  |  

Zopa, worlds first peer to peer lender, is celebrating its birthday today.  Ten years ago the innovative company was founded “in a barn in Buckinghamshire”.  While the direct lending industry now has many companies participating around the world much credit should be given to Zopa as… Read More

March 5, 2015 @ 11:13 am By JD Alois  |  

UK based investment crowdfunding platform Crowdcube has shared they experienced the best month ever for number of registered users.  For the month of February over 15,000 joined the funding portal.  This jump in users has now boosted their “investor community” to over 145,000 individuals. While… Read More

March 4, 2015 @ 9:42 pm By JD Alois  |  

Menswear retailer The Idle Man quickly jumped out of the gate topping £500,000 in just two days of equity crowdfunding on Crowdcube.  The funding round benefited from a single private equity group that committed £449,990.  The balance was invested by 73 individual investors.  New investors… Read More

March 3, 2015 @ 4:43 pm By JD Alois  |  

A new survey from the Peer to Peer Finance Association (P2PFA) indicates that consumers “overwhelmingly” believe that peer-to-peer lending should be separated from traditional Cash or Stocks & Shares ISAs.  According to the P2PFA, the group polled over 4500 p2p investors regarding their preferences. This information comes… Read More

March 2, 2015 @ 11:34 pm By JD Alois  |  

The Department for Business Innovation and Skills has published its Small Business Survey (SBS) 2014.  The document indicates an improving environment for SME’s largely coinciding with the improving economy.  There is one area though that indicates a greater need for outreach and education by investment… Read More

March 2, 2015 @ 1:17 pm By JD Alois  |  

Landbay, a peer to peer lender that focuses on buy-to-let mortgages, with all loans asecured against tenanted, existing UK residential property, has announced a “new standard of openness”.  Landbay will now share publicly a range of data associated with its direct lending platform. The information will… Read More

March 2, 2015 @ 11:56 am By JD Alois  |  

Modern finance meets history business operation as Glen Rothay Hotel enlists Crowd2Fund to raise capital for expansion and improvement of existing facilities. Glen Rothay, and associated Badger Bar, is a hotel located in the lake district that dates back to 1624.  The landmark property is… Read More

March 2, 2015 @ 10:52 am By JD Alois  |  

At the end of 2014, Robert Steinhoff, a JD candidate at the University of Colorado Law School, published a comment on the investment crowdfunding environment in the UK drawing a parallel to what could occur in the United States. The interesting thesis recognized the UK… Read More

February 27, 2015 @ 10:35 am By JD Alois  |  

Innovate Finance is a membership organisation that aims to be the independent voice of Britain’s fintech community. Our mission is to unify the world’s largest fintech ecosystem around the common issues all businesses face and to help foster technology-led change for the betterment of society…. Read More

February 26, 2015 @ 9:15 am By JD Alois  |  

The Bank of England has released its most recent data on the Funding for Lending program, an initiative that is supposed to compel banks to lend to business.  According to the BOE figures, lending is in decline; “Net lending by FLS Extension participants to all… Read More

February 26, 2015 @ 8:53 am By JD Alois  |  

The UK government has responded to the Law Commission report on the law on groundless threats to bring proceedings for infringement of Intellectual Property rights including patents. The proposed reforms are intended to ensure the “threats provisions” are clearer for businesses. A spokesperson stated this will make… Read More

February 26, 2015 @ 7:07 am By JD Alois  |  

JustPark has broken a funding record on Crowdcube. The App company has captured over 2400 investors attracting 3x more backers than any other offer in Crowdcube’s history. JustPark, a company that already lists BMW and Index Ventures as early investors, had sought a funding round… Read More

February 24, 2015 @ 11:04 am By JD Alois  |  

In a speech delivered by Danny Alexander, Chief Secretary to the Treasury, presented at the Saïd Business School, the government representative declared “that Britain has become a business-creating powerhouse”. Noting that it is not the government that creates jobs, it is the people.  All the government… Read More

February 23, 2015 @ 1:12 pm By JD Alois  |  

LendInvest, a peer to peer or “marketplace” lender that focuses on the commercial and residential mortgage industry, has lowered its investor minimum to a nominal £1000.00.  This is in stark contrast to the £50,000 minimum that was established when the platform launched in 2013.  The… Read More