Tagged: united kingdom

February 2, 2015 @ 8:32 am By JD Alois  |  

  Raising capital on investment crowdfunding platform Crowdcube, London based coffee perfectionists Taylor St Baristas has closed its mini-bond offer having topped its £1.5 million funding target.  According to Crowdcube, 504 investors contributed £1,864,000 for a security that generates an 8% annual rate of return… Read More

January 31, 2015 @ 4:30 pm By JD Alois  |  

UK based FundingKnight is a peer to peer lender that provides short-term funding to allow property owners or investors to acquire or improve commercial or residential property prior to selling or refinancing it. These loans typically range from £100,000 to £500,000 – a max amount… Read More

January 30, 2015 @ 8:33 am By Samantha Hurst  |  

UK based business lender Funding Circle has reached a new milestone in peer to peer lending.  The 4 1/2 year old company has now topped £500 million in loans that have been provided for over 7000 UK SMEs in need of finance.   It took just shy of 4… Read More

January 28, 2015 @ 9:12 am By JD Alois  |  

This is a bit of an interesting story of the disruption occurring in the UK real estate market. The internet is improving all forms of commerce.  Real estate is one of the industries in dire need of innovation.  A company called theiPropertyCompany launched last year… Read More

January 28, 2015 @ 8:10 am By JD Alois  |  

LendInvest, a peer to peer lender for real estate mortgages, has topped the £200 million mark in loans since the platform launched in May of 2013.  LendInvest started as an offshoot of Montello Capital Partners.  In October of last year there was a bit of… Read More

January 28, 2015 @ 4:00 am By JD Alois  |  

Luxembourg based Mangopay, a payment solutions provider that works with a broad variety of transactional sites including crowdfunding platforms, has opened up an office Level 39, Canary Wharf in London positioning the company for further growth.  The Mangopay API was released in 2013 and today has… Read More

January 27, 2015 @ 11:33 am By JD Alois  |  

P2P Global Investments plc has announced their C Share funding round was over-subscribed and is now closed. According to a company spokesperson, the issue raised gross proceeds of £250 million via the issue of 25 million C Shares, of which 24,098,657 C Shares will be issued… Read More

January 27, 2015 @ 11:10 am By JD Alois  |  

Peer to peer lender Zopa received a nice shout out at the 2015 Moneyfacts Awards. Zopa received awards for both “Personal Loan Provider of the Year” and “Best Customer Service”. The latter award is particularly nice as the P2P space continues to grow and service… Read More

January 26, 2015 @ 10:12 am By JD Alois  |  

Recently the Financial Conduct Authority (FC) has been reviewing promotional practices of peer to peer lenders in the UK. This event was shared in a recent report from the FT which posed the question will the FCA clamp down on advertising practices utilized by P2P lenders… Read More

January 26, 2015 @ 7:02 am By Midori Yoshimura  |  

London’s fintech (financial technology) community is making waves, according to an article in Startups. Three-quarters of the fintech community there believe that London is a better incubator than global tech hubs like Silicon Valley, according to a recent survey of technology influencers conducted by Seven… Read More

January 23, 2015 @ 9:59 am By JD Alois  |  

P2P Global Investments, the first peer to peer lending investment trust to trade on the LSE ever, has stated the C share issue, announced earlier this month, has been increased due to solid demand. P2P Global Investments seeks out investment opportunities in P2P assets.  P2P… Read More

January 22, 2015 @ 8:48 am By JD Alois  |  

The Royal Bank of Scotland has struck an arrangement with leading peer to peer lenders Funding Circle and Assetz Capital that should give UK small business a boost.  RBS announced it will now formally refer small business borrowers to P2P lenders.  The strategic shift is… Read More

January 21, 2015 @ 8:56 am By JD Alois  |  

These days it may make sense to keep your money under your mattress as opposed to placing it in a bank savings account. After you get through the miscellaneous fees, a savers rate of return can easily go negative.  At least the mattress won’t charge… Read More

January 20, 2015 @ 10:22 pm By JD Alois  |  

Peer to peer lending platform ArchOver recently signed up Wriglesworth Research to dig into consumer awareness and the acceptance of crowdfunding. From November to earlier this month (January) 500 adults were polled as to their opinion regarding new forms of investment.  The results, provided by ArchOver, were… Read More

January 20, 2015 @ 10:14 am By Therese Torris  |  

  The 28 countries of the European Union are a very long way from offering a homogeneous regulation environment for crowdfunding. This is particularly true of equity crowdfunding which touches on multiple heavily regulated areas of finance such as investment advice, securities trading, retail banking… Read More

January 20, 2015 @ 12:20 am By JD Alois  |  

The UK government has announced the 25,000 loan provided to a small business as part of its Start Up Loan program.  The program provides capital and mentoring for small businesses.  The Start Up Loan initiative was created in 2012 and since that time it has… Read More

January 19, 2015 @ 10:18 am By JD Alois  |  

Exeter based Crowdcube has just boosted its executive bench with the hire of Bill Simmons. The new Chief Financial Officer will be assisting the young company in managing its growth as it looks towards the crowdfunding future. Simmons actually quietly came on board at the tail end… Read More

January 19, 2015 @ 9:31 am By JD Alois  |  

Global banking firm HSBC has published its 10th version of the Future of Retirement report. Started in 2005, the annual revisiting of why everyone needs to save more “or else” has become a predictable tome of financial nagging.  The fact that across the globe too… Read More

January 18, 2015 @ 7:30 pm By JD Alois  |  

Trillion Fund, a renewable energy and social investment crowdfunding platform, has pushed into “overfunding” mode on Seedrs. The investment site launched an equity crowdfunding round last year seeking a raise of £500,000.  As of today 246 investors have committed to just over £536,000.  The offer… Read More

January 15, 2015 @ 4:23 pm By Midori Yoshimura  |  

    Global investment in clean energy rose for the first time in three years, increasing 16 percent to $310 billion in 2014, according to Bloomberg New Energy Finance in a recent article on Bloomberg. This growth comes after decreased solar-panel prices and sinking subsides… Read More