Muse is a smart, data-driven financial management application which aims to make financial empowerment a reality for all business owners. The app generates clear snapshots of a company’s finances showing all bank balances, and gives quick access to innovative invoice financing and other smart tools. Muse is live on the App Store and Google Play. Moreover, it has partnered with Prime 5 Finance Limited for invoice finance facility. The funds raised will be used to expand the business, sales channels and give an e-money account card in three currencies.
days to go:
Expired
investment:
£339,920
Business Finance Market (BFM) is a financial technology platform that stimulates the market towards Small and Medium Enterprises (SMEs) lending via data in the UK. BFM claims that SMEs are gradually being excluded from mainstream banking. The company cites that in 1988, 40% of all bank lending went to SMEs. BFM points out that lending today is closer to 4% with an estimated £22 billion funding gap to the 5.9 million UK SMEs. BFM asserts that almost 90% of SME loan applications are stuck due to a lack of choice and transparency when it comes to securing finance. BFM aspires to solve this dilemma. It states that its technology allows SMEs to experience quicker finance decisions based on true addressable market access and allows lenders and intermediaries access to its platform to help manage the end-to-end application process, improve deal flow, and deliver faster credit decisions. BFM intends to exit via a trade sale within the financial sector.
days to go:
Expired
investment:
Withheld
Safari Deal is an online marketplace for global wildlife holidays and safaris. It connects travellers to 260+ qualified and reliable travel partners and 350+ wildlife adventures around 42 worldwide destinations, making it easy to research, compare, enquire and book the next adventure. Moreover, Safari Deal is growing at an impressive rate of 5 travel partners per week. From the proceeds, 40% will be used for digital marketing and PR, 10% will be used for platform development and management, 15% will be used for trade shows and international marketing, 25% will be used for staff, and 10% will be used for other running costs.
days to go:
Expired
investment:
£54,084
LuxOlympus Mayfair are a Travel Agency who specialise in luxurious and exclusive holidays across the globe and are regulated and authorised by the TTA (Travel Trust Association). They are currently in discussions to build a presents in the UK, Greece, Italy, The Philippines, Monaco and China. This year they aim to appoint representative in 3 main cities of India.
(EIS Pending)
days to go:
Expired
investment:
£121,910
Tiger and Butterfly is a high end children’s hair salon in central London aimed at children aged 2 - 14. They will offer services from the first cut to fantasy party hair and offer party packages. The investment will be used to secure a premises and building works, stock and salon expenses.
(EIS and SEIS Pending)
days to go:
Expired
investment:
£33,140
Lenderwize are a SEIS approved, UK based Crowdlending platform for Telcos. They seek to bridge the cash flow gap for telecom operators which sell to big operators and must pay their vendors upfront whilst waiting for their own clients to pay them. Lenderwize currently has a working platform with over £5,000,000 in requests from borrowers and over £9,000,000 from institutional investors.
days to go:
Expired
investment:
£78,076
Ignite 100 is a 13 week accelerator program for early stage technology companies. Ignite look for unique, interesting people and help them to look at what they are trying to do with their company, who their target audience is and then introduce them to entrepreneurs that have previously been in the same situation.
days to go:
Expired
investment:
£351,310
For Good Causes turn Loyalty points into donations for charities, giving people a new way to give to causes closest to their hearts. Brands are given a while new CSR opportunity and charities are given much-needed funding. Research has shown their is over £7bn unused rewards in the UK, values which could be donated.
days to go:
Expired
investment:
£292,220
iHuman Fitness Ltd brings the gym into the 21st century. The company offers fitness classes that move away from conventional gyming methods – big room with lots of people and perspiration – instead downsizing it into compact, personal training sessions where people interact with instructors on a human level. Sessions are a maximum of five, meaning a low ratio of participants to instructors.
The company established its flagship gym in St. John’s Wood in May 2014. Since then it has grown to run 8 classes a day with 371 members. Along with its pop-up gym in Canary Wharf, which has attracted 100’s of people through its doors since opening in Summer 2015, the company is currently making sales of £7,560.
With £80,000 investment for 10% of the business, iHuman Fitness will open a second permanent location in Canary Wharf – to be called The Office – with its pop-up site proving that there is a market for its popular take on fitness in the area.
All going well, a third branch will open in Liverpool street by the end of 2016, and with all three sites bringing in business, by the end of 2018, the company expects to make total revenues of £1,876,700.
The idea for iHuman was born from a rather somber chain of events. Owner Mohamed El-Kadey was only young when he suffered the loss his father to a heart attack. At the age of 26 he realised his own health was taking a downward spiral and feared he might suffer the same health issues as his late dad. This prompted him to re-evaluate his health and fitness, taking on a variety of fitness challenges including the London 2010, Berlin 2011, and Paris 2013 marathons as well as taking a new approach to nutrition.
He decided he wanted to help people benefit from health and fitness – much in the same way he has in an attempt to prevent ill health for as many people as he could reach. This led to the opening of the first of his gym’s in 2014, offering small scale fitness classes that enable participants to actually learn about health and nutrition on a personal basis from instructors.
days to go:
Expired
investment:
£13,320
MyT is a cloud-powered subscription-based accounting software designed for small businesses that allows them to submit financial information to Her Majesty's Revenue and Customs (HMRC) under the Making Tax Digital initiative, which is mandatory from April 2023. MyT asserts that its app provides businesses with a simple way to keep track of business finances on the go, send and manage invoices and bills, and record expenses and mileage. The company claims that its app is available on App Store and Google Play and has witnessed 1000+ downloads to date. It claims that it has onboarded over 500 users without any extensive marketing spend. MyT will use half of the investment to implement its marketing plan, a third for developing new technology and the remaining for administrative expenses.
days to go:
Expired
investment:
£133,543
