FairMoney is a Price Comparison Website (PCW) specialising in comparing loans for consumers using machine intelligence. They ensure consumers receive the most appropriate loan by taking into account the lender's underwriting criteria, as well as the borrower's credit situation by using their proprietary algorithms.
days to go:
Expired
investment:
£200,000
MarketsFlow is a London and Boston based, highly innovative and performance driven Investment Manager platform. It is authorised regulated by the FCA, FRN 792373 and SEC. The company supports its clients to achieve financial goals by helping their money grow. In 2019, MarketsFlow became the winner of the Best Programmatic Trading Technology at WSL and Fund in New York for the third year in a row. MarketsFlow offers Managed Portfolios (GIA), IRAs and ISAs. The company is expecting that its Growth and High Growth portfolio is accessible. In the coming months, the company is about to launch its new mobile application to complement its Growth using M&A deals.
days to go:
Expired
investment:
£636,330
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
K9 Nation is a website and mobile app created by dog owners that connects dog owners and dog businesses all over the UK. It aims to be a contender in the £15 billion dog care market. K9 Nation asserts that it is supported by a growing community of dog lovers and has directories of walks, events, businesses and services, on its portal. It aspires to create a place where dog owners can share their experience and find support and advice from local communities and experts. The company's core business model is subscription-based advertising for the est. 1,11,000 dog-friendly businesses in the UK catering to 10 million dogs. K9 Nation has partnered with Waggle Insurance and received a 5-star rating on the Apple App Store. It will use the investment to improve its technology and expand its user base within the UK.
days to go:
Expired
investment:
£171,671
For those interested in learning to ski or snowboard, Maison Sport allows customers to book private sessions, from a single website, directly with over 350 instructors of which 96% were rated 5 stars. Lessons can take places in more than 130 resorts in France, Italy and Switzerland. A commission fee of 10% per transaction generates revenue and a subscription fee is earned via instructors using the service to schedule lessons and payments.
days to go:
Expired
investment:
£408,857
Muoverti makes patented tilt bikes that bring the real feeling of outdoor cycling to stationary bikes. Their tilting and steering plus digital media control enable exciting, interactive workouts for pros, enthusiasts, and all who like to exercise without getting bored. The connected fitness equipment market is valued at $888 million in 2018. To date, they have attracted investments of more than £600,000 by 30 investors and created 'Planet Fit', a community-driven online platform for games, coaching, and group rides. Funds will be used to build the first 'Alpha' series, finetune the user experience that optimizes the manufacturing process.
days to go:
Expired
investment:
£57,370
Chip is one of the fastest-growing Fintech companies in the UK. Chip has built an app that uses the user's banking app to make personalised decisions about their money. Its user base has doubled since its previous fundraising in 2018. The company has 153,000 accounts, and it has processed more than £130m of savings. ChipX is the company's revolutionary returns platform and it has a waiting list of more than 50,000 people. The company is a winner of the British Bank Award, 2 Crowdcube awards, and 1 World Banking Award. It has welcomed many management executives from Funding Circle, Monzo, and Purple Bricks. Chip is now scaling with market-leading returns on ChipX. It aims to build the biggest savings account in the world. With the proceeds, the company will double its team and expand ChipX in the €10 trillion European savings market.
days to go:
Expired
investment:
£3,768,260
An IT recruitment and training site launched to meet the demands of enterprises that require highly skilled tech professionals. 365 Talent Portal offers companies to hire IT consultants at a lower price compared to traditional recruitment hubs. The company also allows IT professionals registered on the site to access training and certification programmes that will expand their current skillset and become more marketable to potential employers.
365 Talent Portal is raising funds to produce more prominent marketing campaigns and establish their brand in major markets such as the USA. In addition to this, the company will be using AI more heavily and develop a more automated approach on their platform for their customers.
days to go:
Expired
investment:
£156,000
Snapp CV is a mobile app which allows users to search for jobs and opportunities. They create their own profile simply by answering a few questions and attaching a c.v and video. This allows users to engage with organisations personally and when on the move.
days to go:
Expired
investment:
£205,807
Medwise.ai uses Artificial Intelligence (AI) to answer questions for clinicians faster than they can respond to. It asserts that currently, doctors cannot keep up with the latest research evidence making them unable to provide the best care for their patients. It also points out that health care providers in the UK, such as the NHS, are losing £5 billion every year due to the lack of adoption of evidence-based best practices. Medwise.ai aims to change this by utilising the latest transformer-based neural networks and Natural Language Processing (NLP) technologies to extract answers from multiple sources and support clinicians to make the best decisions for patients. Medwise.ai argues that unlike traditional search engines that provide a user with a list of websites or documents, medwise.ai's portal and app provide bite-sized, actionable, and evidence-based answers extracted from trusted sources. The company is envisaging an exit through an acquisition by a publishing company, an Electronic Health Records (EHR) company, or a pharmaceutical company.
days to go:
Expired
investment:
£666,000
