Grocery website Farmdrop uses crowdfunding to raise £400,000 July 14, 2014 A company that aims to link local food producers with consumers by tapping into the soaring popularity of click and collect is seeking to raise £400,000 using the crowdfunding site Crowdcube. Farmdrop is an online platform set up last year that allows shoppers to buy directly from producers, such as fishermen or bakers, and collect [...]
Convertible equity comes to crowdfunding July 7, 2014 Seedrs, the British equity crowdfunding platform, will begin offering convertible equity to investors becoming the first crowdfunding platform to do so. Advertising technology company Future Ad Labs, which previously gained investment using Seedrs, will be the first to offer new investors the convertible investment. The adtech company is seeking to raise £400,000 through the round [...]
New airline turns to crowdfunding to launch business class-only flights April 30, 2014 A new airline set up by a Goldman Sachs alumnus, which hopes to bring back business class-only flights to the States, is raising up to £5m through crowd-funding. Odyssey Airlines was founded by Adam Scott, a former banker who has assembled a team of start-up veterans including some of the founders of Silverjet, whose [...]
Why ultra-modern P2P lenders are starting to look like old-style building societies April 3, 2014 Peer to peer lenders are getting big. And as they grow, they are pushed into a new way of doing business – a way of doing business that looks increasingly like banks and building societies. P2P lenders have boomed since the crisis, as banks cut back lending and savers looked for a better return on [...]
Under the bonnet of peer-to-peer returns February 25, 2014 Whether democratic finance or risky product, the market for P2P investments is becoming increasingly diverse The peer-to-peer lending debate tends to be dominated by extremes. On one side, we hear claims that direct lending platforms are at the forefront of a radical democratisation of finance, cutting out the “middle man” of traditional banking altogether. To [...]