Nextfin is an FCA approved aggregation and rating portal for equity and debt crowdfunding investments.
AIM is shrinking, legacy stock markets are too expensive to maintain and do not serve the requirements of SMEs, banks are closing branches, lending less and are paying little or no interest to investors. As a result of this, there is a huge growth in equity crowdfunding and P2P lending which has seen the launch of hundreds of alternative lenders & platforms that has created a new c.£3bn marketplace, expanding at 66% p.a. There is no single portal or trusted ratings index for investors to compare on a like for like basis and no secondary market to facilitate exits.
* NextFin is the new trading name of Business Agent Ltd
The solution
NextFin aggregates equity and debt crowdfunding investments to create the alternative finance marketplace. This makes it easy for investors and lenders to find and compare opportunities by presenting all investment offerings in one place. With the addition of a free of charge ratings service investors will be able to view ratings of every equity crowdfunding pitch, every P2P site, and every equity crowdfunding site. NextFin’s technology will constantly track these companies and investments providing the investor real-time intelligence on which to base investment decisions. The platforms and entrepreneurs will be self-promoting and marketing their ratings driving thousands of visitors a month to the NextFin site, in the same way, businesses refer their potential clients to Trip Advisor and Trustpilot. There is an estimated 10 million website/platform visitors per month across the whole of the alternative finance market. NextFin is targeting to direct 5% of this highly profiled traffic to its platform from which it will earn between £5-£8 per click from advertisers and partners. In addition, an in-house brokerage service also earns between 1%-6% commissions on loan placements. A future revenue stream (not featured in the financials) will be developed once visitor traffic reaches critical mass. This will see Nextfin being able to realise the full value of its captured ratings data and visitor traffic by launching a secondary market, which is estimated to be a £5bn marketplace.
NextFin is raising £500k at a pre-money valuation of £2M to: • Develop P2P and Equity site ratings• Expand the management, infrastructure and marketing resource• Increase visitor traffic to 6m a year via rating referrals
Owing to the size of the market and rapid growth of the industry, enterprise valuations in alternative finance are based on visitor traffic, market share and registered users. Recently published valuations of companies with visitor traffic of over 6m per year are in excess of £70m. NextFin is the market-leading aggregator and has first-mover advantage. It has the potential to exceed these valuations because it is the whole of the market aggregator and is currently the only ratings service provider as it grows to achieve 500,000 visitors p.m.
days to go:
Expired
investment:
£274,057
Cloud-based SaaS software with the purpose of efficiently generating corporate management reports to reduce operational costs and improve data quality. Synapse's service can be implemented into pre-existing financial reporting systems to produce automated reports, even in large companies. Customers include Lloyds Bank, who have signed a 2-year term and the Bank of England have contacted Synapse to potentially integrate the system.
days to go:
Expired
investment:
£894,056
Glug provides a platform for businesses to let customers order from a digital menu and have them served to the table or pick up from the bar. It points out that its system is designed to be user friendly and easy to set up wherein restaurants or bars can upload and digitalise their menu and can be discoverable within 24 hours. Consumers can discover the restaurant, book a table, place an order, and browse for offers and discounts, amongst other features using the company's community app. Glug asserts that more than 16,000 users have ordered food and drinks through its app in less than four months since the company's launch. It intends to become a contender in the UK dining and pub market that is a £40 billion+ industry. Glug argues that more than 20,000 users have downloaded its app from the App Store and Google Playstore. It will use the investment for marketing, hiring, technology development, attract 1.5 million users and onboard 1,000+ venues over the next 12 months.
days to go:
Expired
investment:
£73,114
Using block chain technology, Nebeus is a growing cryptographic platform for the global stage. Nearly 30,000 wallets are active, which has resulted in £1.9m of P2P bitcoin loans facilitated on the service since 2017. The company has launched a cryto-card for users to utilise both cryto currency, as well as fiat money. Nebeus currently operates in 45 countries with over £30m transactions to date and plans to expand into other major markets soon.
days to go:
Expired
investment:
£1,211,700
Old Gold Racing intends to digitise owning racehorses by using technology. It aims to provide the experience of owning a racehorse at a normal cost. The company has obtained legal confirmation, started Facebook and Instagram marketing activities, and decided a cost (range) for membership and subscription. The company will use the funds for product development, team expansion and customer acquisition & nurturing.
days to go:
Expired
investment:
£276,874
LetsBab is an online marketplace, where one can shop and share products with friends. The application pays people for the recommendations, which they can either keep or donate. The company has over 100 brands from high street to high end, from ASOS to Hunter. LetsBab's mobile commerce was worth over £1.4 trillion and global e-commerce sales were $2.3 trillion in 2017. The company has 16 charity partners which include Cancer Research & Women for Women, and it has been featured in the Observer, Marie Claire and Yahoo! Finance. LetsBab is seeking investment to grow its user base and invent new features to drive sales.
days to go:
Expired
investment:
£376,490
A multi-award winning investment platform providing customers with ISA eligible loans. Crowdstacker are fully FCA regulated and set a record for the largest crowdfunded P2P loan in the UK, valued at £15m. With the recent release of Innovative Finance ISA, the company is expecting to see rapid growth in the near future.
days to go:
Expired
investment:
£818,210
Growth Capital Ventures (GCV) is a Financial Conduct Authority (FCA) approved fintech company. GCV's mission is to back the game changers, innovators and value creators. It is operating at three different levels namely, G-Ventures, a specialist software development division; Quva, a private investor network; and G- Labs, an innovation lab. The company aims to provide investors with access to well researched alternative investment opportunities that are selected for their potential to deliver better returns than traditional mainstream investment products. GCV has structured property transactions worth £14.7 million, has 5000+ everyday investors, and seen 500+ jobs created by portfolio companies. GCV will use the investment to grow its business across different verticals.
days to go:
Expired
investment:
£1,295,410
A cyber-defence system preventing criminals accessing secure information from internet-enabled businesses. vzInternet Limited have developed Assayer, a cloaking tool that works differently to traditional cybersecurity systems. Assayer aims to tackle criminal behaviour by removing the time they have to exploit an organisation, rather than current methods that only add more layers for criminals to break through.
vzInternet Limited is in the process of creating three version of their Assayer range, targeted for specific needs. Assayer Freedom is the initial offering that will prevent criminals from using stolen information and biometric data to access private material. Assayer Trust aims to tackle malware designed to convince customers to provide personal information and Assayer Veto is being created to protect businesses from internal attacks by employees and third-party contractors.
days to go:
Expired
investment:
£60,000
Nexus is a digital platform that empowers users to take control of their health and wellbeing. It states that long-term health conditions like diabetes and cancer will account for over 50% of global health spending by the end of 2021 with depression becoming the leading cause of disability. Nexus aims to address this situation via its app. It argues that its app will offer users health coaching, telemental health, products, and services to transform their lifestyle. Nexus claims that the app can track progress via self-entered user data and is being designed to connect with apps and wearables to inspire life-long behavioural change. Nexus has prepared a pilot for an NHS Trust endorsed by Boston Scientific with a collaboration agreement to roll out the app to 30,000 NHS users. Nexus was one of 100 startups chosen to pitch at the World Business Angels Forum 2020. The Company says that it will use the investment to support Phase 2 of its tech build, grow further in the UK, and start its expansion in the UAE.
days to go:
Expired
investment:
£280,360
