Minicab comparison app Kabbee looks to challenge Uber with £1m Crowdcube fundraiser November 11, 2015 Minicab booking app – and Uber challenger – Kabbee today launches a £1m fundraising campaign on Crowdcube. The taxi price-comparison company is looking to extend beyond London and will use the funds for the UK-wide roll-out, and to update its dispatch and GPS technology, saying "intense competition" within the sector meant it needed to "future-proof" its business model. It is offering a [...]
Chiltern Firehouse head chef Nuno Mendes launches £1.75m Seedrs crowdfunding to re-open restaurant Viajante in Wapping November 10, 2015 The Michelin-starred head chef at Chiltern Firehouse is hoping to raise £1.75m on crowdfunding site Seedrs to re-open his restaurant Viajante, in a Victorian warehouse in Wapping. Nuno Mendes is offering 33.3 per cent of the equity in the new venture, along with rewards for big investors, ranging from priority booking, to private meals. The minimum investment is £10. The [...]
Dash for cash? One in four over-55s raid their pension fund to pay for luxury holidays and clear debts November 10, 2015 Plan to dip into your pensions savings? You’re far from alone. Some 27 per cent, or over one in four, employees aged between 55 and 64 plan to head for their pension pot while still in work. The figures show most, over two thirds, want to use the cash to either pay off a debt [...]
Electric car charger POD Point launches £1.75m fundraising on Crowdcube November 9, 2015 POD Point, which builds charging points for electric cars, has announced a £1.75m crowdfunding campaign on Crowdcube to help drive its expansion. The company is looking to raise £1.5m with an equity sale, amounting to around five per cent of the company, and £250,000 with an eight per cent bond over a three year period. [...]
Pensions prove a sore subject for one London insurer’s chief exec… November 6, 2015 Don't throw stones in glass houses. Take the plank out of your own eye before removing the dust in another’s. there’s a lot of ways of saying it. Personally, The Capitalist favours “don’t bang on about the Treasury reviewing pension tax breaks while you’re busy downgrading your own company’s scheme”, but that doesn’t have the same lyricism [...]
Laggard no more? A look at what European markets offer investors and why platforms are peering across the Channel November 5, 2015 If you want to keep up with alternative lending, you should probably be looking to the continent. Last week, Seedrs announced a partnership with ING, which will see the platform become the bank’s equity crowdfunding partner in Belgium and Luxembourg. ING will refer businesses to Seedrs if it thinks a firm could benefit from funding [...]
Ask the alternative finance experts: What you need to know about investor protection in crowdfunding November 4, 2015 David Walker, corporate partner at Memery Crystal, and Guy Rigby, partner and head of entrepreneurs tax and business services at Smith & Williamson, address some of the issues around investor protection in alternative finance. Alternative finance is a high-risk investment sector. Are there any ways to minimise risk? DW: All investments carry a degree [...]
EarlyBird gets the worm on Crowdcube and beats £300,000 fundraising target with two days to spare November 4, 2015 EarlyBird, the healthy snack delivery service, has beaten its £300,000 fundraising target two days ahead of schedule on crowd funding site Crowdcube. The fund on Crowdcube, which is still running, has raised £311,200 so far bringing EarlyBird's total equity investment since starting out last autumn to £600,000, which includes an earlier fund on Crowdcube and a [...]
Worried about your pension investments? China’s staged a glorious return to the 10 best performing funds November 4, 2015 Following the "Great Fall of China" in August, investor confidence in Asian and other emerging markets has dipped, causing pension savers and individual investors to feel the heat. But there was a bit of good news this morning, after analysis from asset manager Hargreaves Lansdown suggested China-focused funds have bounced back. In fact, of the company's [...]
Crowdfunder launches £1m fundraising on Crowdcube November 4, 2015 Crowdfunder, the UK rewards-based crowd-funding site launches a £1m fundraising today to expand its business. The Cornish crowdfunding platform is looking to raise the money to create 50 new jobs, and link up with new partners, which currently include JCDecaux, Virgin StartUp and Not on The High Street. It is running the fundraiser with Crowdcube.com, [...]