Tagged: united kingdom

July 23, 2014 @ 11:09 am By JD Alois  |  

The below infographic is from the creative crew at Funding Circle (in the UK).  Funding Circle is one of the leaders in the peer to peer (P2P) lending space.  The platform just announced a pretty huge investment to juice their global expansion.  Founded in the… Read More

July 23, 2014 @ 9:09 am By JD Alois  |  

FarmDrop launched their equity crowdfunding project just a few weeks back but the online farmers market has not had any problems finding investors.  Raising capital on Crowdcube, FarmDrop was hoping to raise £400,000 for 17% equity in the young company.  FarmDrop has quickly passed that… Read More

July 22, 2014 @ 11:29 am By JD Alois  |  

UK based equity crowdfunding platform Crowdcube is claiming a world record with their self-crowdfunding round funding in just 16 minutes.  The Series B round garnered 141 investors with an average investment of £8500 on a post money valuation of £19.5 million.  This funding round on… Read More

July 22, 2014 @ 8:09 am By JD Alois  |  

Equity crowdfunding portal Crowdcube launched their self-crowdfunding campaign earlier today seeking to raise an additional £1.2 million.  This was on top of a recently announced investment led by well known European VC Group Balderton Capital.  The Venture group had invested £3.8 million in the young… Read More

July 21, 2014 @ 9:45 pm By JD Alois  |  

Birds Patented Shuttlcock Seeks £130,000 on Equity Crowdfunding Platform SyndicateRoom. Designing a better synthetic shuttle is a big deal in the Badminton industry. In the United Kingdom there are over 2000 local clubs and roughly five million players just in the UK. For those of… Read More

July 18, 2014 @ 6:05 pm By JD Alois  |  

Investment crowdfunding platform Crowdcube announced an accelerator program all the way back in 2012.  Yes the Jurassic years of equity crowdfunding. Well the UK platform has just completed their live pitching event at the Royal Institution of Great Britain where 6 businesses presented their companies… Read More

July 18, 2014 @ 9:46 am By JD Alois  |  

In the UK, just like the US, consumers pay a ridiculous amount per year financing their credit cards.  The estimated total may top £6 billion per year, an astounding amount but understandable when one grasps the high rate of interest consumers pay today. Now with a… Read More

July 18, 2014 @ 9:06 am By JD Alois  |  

The Council of Mortgage Lenders (CML) estimates that gross mortgage lending reached £17.5 billion in June. This is 4% higher than May (£16.8 billion), 17% higher than June last year (£14.9 billion) and the highest monthly figure since October last year (£17.6 billion). Gross mortgage… Read More

July 18, 2014 @ 8:53 am By JD Alois  |  

In contrast to a negative outflow during the previous period, net lending to UK businesses took a positive tack this past May.  The annual rate of growth in the stock of lending to SME’s and large businesses remained negative though.  This is from the Bank… Read More

July 17, 2014 @ 11:35 am By JD Alois  |  

Study by LendInvest reveals 80% of consumers are unaware fast-growing industry is now regulated by FCA. According to a report by LendInvest, four in five consumers don’t know peer-to-peer (P2P) finance is regulated by the Financial Conduct Authority (FCA) despite the massive growth of alternative… Read More

July 17, 2014 @ 10:12 am By JD Alois  |  

Equity crowdfunding platform Crowdcube has announced an investment in their company by Balderton Capital in the amount of £3.8 million (approximately $6.5 million).  This investment will act as the lead in Crowdcube’s forthcoming £5 million series B round financing.  The remaining £1.2 million will be… Read More

July 16, 2014 @ 8:34 am By JD Alois  |  

UK based investment crowdfunding platform Crowdcube has released some half year numbers regarding their progress.  The young company shares they have raised £15 million for all of 2014.  That makes approximately £30 million since the site launched in 2011.  Some other data points include: 131… Read More

July 15, 2014 @ 7:26 pm By Barry James  |  

What has been called a “Terrifying Misuse of Legislation” was debated Thursday at the Westminster Crowdfunding Forum where it was unanimously agreed that it’s essential to tackle an over regulation of social media which is threatening both the Crowdfunding industry and the individual liberties of… Read More

July 15, 2014 @ 9:56 am By Samantha Hurst  |  

Liverpool set to save St Luke’s “Bombed Out Church” by raising funds on Crowdfunder. Residents of Liverpool have launched a Crowdfunder campaign to protect the future of one of the city’s most famous landmarks and community spaces. The project was created to raise £18,000 to provide a sustainable… Read More

July 14, 2014 @ 7:00 pm By JD Alois  |  

  According to a release by the CrowdfundingCentre, a briefing and submission to Ministers handed to Treasury officials documents how the FCA (Financial Conduct Authority) is abusing legislation created before the social web existed to gag its use with equity crowdfunding. The report states the… Read More

July 14, 2014 @ 6:38 pm By JD Alois  |  

Peer to peer (P2P) lender Ratesetter received another round of good news as CEO Rhydian Lewis announced publicly the British Business Bank will start lending through the Ratesetter platform on July 21st.  The government owned entity was created to make financial markets work more effectively… Read More

July 14, 2014 @ 12:56 pm By JD Alois  |  

Funding Circle UK recently shared they had adjusted their policy on the types of loans and security required to allow the offer.  The peer to peer lender removed the £150,000 threshold for loans without asset security thus allowing their credit team greater flexibility in assessing and… Read More

July 14, 2014 @ 11:43 am By JD Alois  |  

Peer to Peer lending is experiencing dramatic growth in the UK  (and around the world).  While traditional loans have, in some categories, lagged the economic expansion, P2P is booming.  In fact UK businesses have benefited from over a half a billion in funds and consumer P2P… Read More

July 14, 2014 @ 8:07 am By JD Alois  |  

Powered Now Raises Equity on Crowdfunding Platform Crowdcube. Tech start-up Powered Now, a mobile administrative app for tradesmen, has cruised by its equity crowdfunding target of £350,000 after just 12 days and is now overfunding. The additional capital will be used to further market and… Read More

July 13, 2014 @ 10:52 pm By JD Alois  |  

Boosts Equity Crowdfunding Offer – Raising £450,000 on Seedrs. Nicola Horlick, one of the UK’s most well known and highly regarded fund manager, has announced that her new fund management firm, Glentham Capital, is increasing the target for its core film finance fund from $100… Read More