Tagged: united kingdom

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

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

According to peer to peer lender Zopa, the number of Britons consolidating credit card debts using long-term loans through Zopa has increased by 57 per cent year on year, while the value of these consolidation loans has increased by 62 per cent in January compared… Read More

February 23, 2015 @ 7:29 am By JD Alois  |  

Worth Capital has launched its next competition: Future Gadget 2015. Worth is seeking to discover the world’s next great gadget by engaging hundreds of entrepreneurs, in need of capital,   to help bring their product to market.  The program is similar in structure to Worth… Read More

February 22, 2015 @ 7:11 pm By JD Alois  |  

AltFi Data has launched the first Index to track the returns available from the UK peer to peer and marketplace lending industry. The Liberum AltFi Returns Index (LARI) is described as accurately tracking peer to peer lending returns using complete loan-by-loan cash flows provided by the major platforms. Currently, the Index… Read More

February 19, 2015 @ 7:57 am By JD Alois  |  

Funding Circle, a leading peer to peer lender that targets small business loans, has announced a significant commitment by Victory Park Capital to finance up to $420 million in loans to small business originated via Funding Circle in both the UK and US over the… Read More

February 18, 2015 @ 11:31 am By JD Alois  |  

Graham Wellesley, CEO and founder of Wellesley & Co. a UK based peer to peer lender, has announced a new P2P bond targeting ISA accounts.  Wellesley took to the studios of Bloomberg to chat up his platform’s newest investment opportunity.  He explained that by listing… Read More

February 17, 2015 @ 12:33 pm By JD Alois  |  

Assetz Capital is going to the crowd to finance its young peer to peer lending platform.  Led by CEO and co-founder Stuart Law, Assetz Capital is seeking a raise of £2 million in a convertible offer on Seedrs.  The offer incorporates a 10% discount on… Read More

February 17, 2015 @ 8:21 am By JD Alois  |  

UK based Crowdcube has announced  two new hires as part of its strategic expansion of its senior team. According to a report from the crowdfunding platform, Dean Mayer has been appointed as Head of Debt and Stuart Nicol as Growth Director. Dean will develop Crowdcube’s new… Read More

February 15, 2015 @ 8:37 pm By JD Alois  |  

Enclothed, a bespoke shopping service that just closed its equity crowdfunding round on Crowdcube, raised £800,000 from 378 investors following a popular pitch on Dragons Den. The company initially intended on raising £400,000 but investor demand propelled the offer into overfunding boosted by the visit… Read More

February 15, 2015 @ 7:45 pm By JD Alois  |  

Venturefest Yorkshire 2015 is an event for entrepreneurs working in a science, technology, creative or high growth business.  They descend on York Racecourse to find inspiration, business contacts, advice, routes to funding, professional service support and investment. If you are an investor or a business that works with businesses in… Read More

February 9, 2015 @ 6:32 pm By JD Alois  |  

RateSetter, a UK based peer-to-peer (P2P) lending platform has announced it has surpassed half a billion lent since the site launch in 2010. RateSetter has also shared that the Company processed over £43 million in January and states this is the most ever lent by any P2P platform… Read More

February 6, 2015 @ 8:15 am By Sacha Bright  |  

Reading the FT’s recent (29th January) piece by Tracy Alloway and Emma Dunkley entitled ‘Rebranded P2P revolutionaries form ties with traditional lenders’, my initial reaction was to be rather saddened that some of the biggest names in the alternative lending market of which we’re a… Read More

February 5, 2015 @ 3:18 pm By JD Alois  |  

This equity crowdfunding campaign is so cool.  Silo is a “zero waste” restaurant, coffee house and bakery that promotes “a pre-industrial food system”. They have just closed a small funding round on Crowd2Fund.  This is described as the “first zero waste restaurant ever in the UK”. To… Read More

February 4, 2015 @ 11:08 pm By JD Alois  |  

Compare & Share, a website that aggregates the sharing economy, has returned to the pages of Crowdcube for a second round of funding. The young company first raised capital on Crowdcube back in October of 2013.  The first crowdfunding round sought a raise of £50,000… Read More

February 4, 2015 @ 9:52 am By Barry James  |  

I’m no lawyer but if it were about a firm or an individual I think it would probably be a libel to re-characterise the content of yesterday’s FCA report and their comments on Equity Crowdfunding as either a ‘rebuke’ or a ‘crackdown’. This is deeply… Read More

February 3, 2015 @ 9:45 am By JD Alois  |  

As anticipated, the Financial Conduct Authority (FCA) has published a regulatory review of the crowdfunding environment – including investment crowdfunding and peer to peer lending. Rules were initially released in March of 2014 with the government entity taking a “light touch approach” that was broadly embraced… Read More

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

Research from peer-to-peer lending platform, RateSetter, attacks the UK’s tendency to procrastinate – specifically with managing personal finances. The information was coordinated with RateSetter’s #MakeItPay promotional campaign. Ostensibly RateSetter decided to delve deeper into the procrastination habits that stymie people from making a change like dumping their bank and hooking… Read More

February 2, 2015 @ 4:28 pm By JD Alois  |  

CrowdProperty launched their real estate platform last fall. At the time management stated their first year target was £20 million in funding. CrowdProperty has now announced it a has successfully completed its first successful crowdfunding project with a total of £360,000 being loaned by 40… Read More

February 2, 2015 @ 3:51 pm By JD Alois  |  

BOP Consulting and Equity Crowdfunding Platform ShareIn Poised to Offer Combo UK / China Portal An English translation of draft policy for equity crowdfunding in China has made its way to the pages of BOP Consulting (see below).  Following a period of research and consultation… Read More

February 2, 2015 @ 9:15 am By JD Alois  |  

  Leading investment crowdfunding portal Seedrs is claiming another “first”.  In a note to followers, CEO and co-founder Jeff Lynn stated; “I’m pleased to share that today Seedrs is launching the first-ever crowdfunding campaign for a company’s IPO.” It should be noted that SyndicateRoom claimed the… Read More