A current account for small business owners and the self-employed that automates their accounting and taxes. Coconut informs customers about transactions on their account that that are eligible for a tax deduction and automatically completes a tax return. It also provides a tax bill forecast and shows guidance on tax rules and regulations. Coconut currently looks after 3,000 accounts and has pre-registered 5,000 limited companies with total transactions processed exceeding £12m.
days to go:
Expired
investment:
£1,857,450
Flender is a social lending platform that will transform the way people use peer-2-peer finance. From funding friends to backing businesses across multiple countries Flender has taken a mobile first approach. Flender allows the borrower and the lender to set their own interest rates, as well as allowing users to lend to people they know.
days to go:
Expired
investment:
£501,700
Hope are a clothing brand designed for women over 40 to help them feel beautifully confident and full of Hope and optimism. Hope is currently in its 4th collection and are experiencing increased web sales and further interest from a major US department store as its first overseas stockist.
days to go:
Expired
investment:
£561,600
Future Planet is an investor-led, co-investment platform giving entrepreneurs a reliable and profitable platform to solve the world's greatest challenges like health, climate change, education, sustainable growth & security. Until now, venture capital has been accessible mostly to insiders, institutions and some high-net-worth individuals (HNWI's) but Future Planet is democratising this stage of investment. It allows world-renowned institutions such as Tel Aviv University, Stanford University and Cambridge University and more to have a stake in Future Planet and access the growth generated by its participating companies in Silicon Valley, the Eastern Seaboard, Europe, Israel and Asia. Since its founding, the company has brought $100 million from some of the world's largest investors, raised and invested its first fund and invested with important companies and renowned managers. The company plans to use the investment and momentum to launch the second Future Planet Fund in 2021 and continue its growth with a target of $500 million in Assets Under Management (AUM) by 2025.
days to go:
Expired
investment:
£1,553,118
A money transfer service allowing customers to send money worldwide at a lower cost compared to traditional methods. TransferGo has been gaining 1,000 customers a day since May 2018 and currently has over 700,000 users. They have processed almost £781m on their platform through 1.3m transactions and operate on a gross profit margin of 6.7%.
TransferGo has 5 offices located in London, Berlin, Istanbul, Warsaw and Vilnius, with more than 100 employees globally. The company recently launched their new product, dubbed 'NOW', that enables users to send and receive monies in less than 30 minutes across borders.
Revenue is generated via fixed transfer fees and currency conversion fees ranging from 0.0% to 2.2% per transaction. These fees are dependent on the currency's origin and the amount being transferred. A free option is available to customers whose transaction may take a couple of days to transfer.
Funds are being raised to expand the business into emerging markets and introduce new products and services. This also means that TransferGo is aiming to provide local-language support and build new partnerships to attract more customers to their platform.
days to go:
Expired
investment:
£11,297,362
Avida Global (AG) is a Business-to-Business (B2B) producer of high-quality medicinal cannabis oils and derivatives for the global medical, well-being and cosmeceutical markets. The company has a cultivation and processing facility in North-East Colombia. It asserts that the therapeutic properties of the cannabis plant has driven 53 countries to legalise its use, with more to follow. AG seeks to capture this demand and become a contender in the medicinal cannabis market that is expected to soar from $33.1 billion to $84.0 billion by 2028. The company has received regulatory approvals for initial non-psychoactive cannabis cultivation, manufacturing, and export licences in 2019. It is working on a partnership with a medicinal cannabis prescriber through doctors and clinics for the supply of medicinal cannabis strains in the UK. The company will use 40% of the investment to drive revenue growth, 25% as capital expenses, and 35% as additional operating expenses.
days to go:
Expired
investment:
£1,646,249
A thought leadership media platform working with trusted experts to bring innovative advancements to organisations through journalism. The Future Shapers aims to re-imagine how information is delivered globally and the ways it can help small to large communities innovate further, avoiding the use of advertisers and paywalls.
days to go:
Expired
investment:
£41,610
Founded by entrepreneurs, Oliver Hutley (COO) and Rory Chichester (CEO), TECS Group is an expert provider of technology. TECS Group delivers non-discretionary critical services, such as Electrical Testing and Treatment, Gas Safety, and Fire Safety, on behalf of customers. These services are covered by strict legislation & regulation. Following a constant period of investment into developing a scalable and a solid operating platform, the TECS Group is embarking on its subsequent stage of growth. With the proceeds, the company will deliver and successfully implement its technology strategy, successfully drive for organic sales, increase the national coverage, and continue its final program.
days to go:
Expired
investment:
£96,770
A share tip service to save investors time and money by consolidating the most trusted tipsters and analysts to follow and copy. Stockomendation aims to increase trading activity and engagement on trading platforms by aggregating, tracking, collating and analysing tips offered by those working in the industry. They use a multitude of sources including brokers, websites and researchers so investors can view and follow track records of success with confidence.
Stockomendation has received a £100k UK Government Innovation Grant, £200k from the Development Bank of Wales Technology Fund, partnered with a leading UK University and developed artificial intelligence technologies using Big Data to analyse the market for stock tips and advising which shares to buy or sell. To date, in the UK more than 40,000 stock tips and 300 analysts and tipsters have been tracked for the 7,500 current investors on the platform.
Revenue is generated via monthly membership subscriptions, as well as licensing agreements, partnerships, sponsorships and advertisements. Stockomendation has launched in the UK and is now seeking funds to expand into the EU, USA, Canada and Asia. In addition, this funding round will allow the business to launch further monetisation methods to increase B2C and B2B relations, recruit key hires, develop multi-lingual offerings, increase data collection and develop more sophisticated functionalities such as widgets.
days to go:
Expired
investment:
£381,725
Swishing is a online platform where members can sell unwanted clothes for virtual money credits. Users can then use these virtual money credits to purchase other items. If you have nothing to swap then you can just simply purchase any product you see.
days to go:
Expired
investment:
£31,580
