Plerith works with high growth start-ups and scaling companies to plan for and deliver growth. The company asserts that it helps companies promote their business to potential funders, through its network of angel and venture capital investors depending on the stage and sector of the said business. Plerith is partnering with Newable and Bristol Private Equity Club to deliver the fund in the South West London (SWL) area and identify and invest in the most exciting high growth companies in the region. Plerith argues that its deep knowledge of fundraising, sales, strategy, finance and technology would help SWL businesses flourish. Plerith aims to provide investors access to the highest quality local companies in the SWL region.
days to go:
Stretch
investment:
Withheld
Spendology is a fintech company that licenses a digital-first SaaS-based travel money platform to retailers globally, addressing the demand for travel cash, which remains popular among Brits, with over £56 billion spent annually. Inspired by the inconvenience of traditional currency exchange services, the company's chairman, Don Clark, aims to revolutionize the industry, much like he did in a previous financial services venture that resulted in a significant sale. Spendology's innovative platform allows travel companies to offer online ordering and home delivery of travel cash, generating additional profits for these businesses and royalties for Spendology. Their platform is available to travel companies of all sizes worldwide, already operating in the UK and launching in the US, with plans to expand to 28 countries, serving a market worth $1 trillion.
days to go:
Expired
investment:
£354,053
Website: www.riskrewardlimited.com
Risk Reward Ltd is a global banking and financial services training, consultancy and recruitment specialist that operates from its offices in London and recently opened a second office in Miami to service its business in the Americas. The company specialises in risk and compliance training and recruitment, the fastest growing part of the sector.
The business is raising equity investment for the first time in its 13-year history, giving investors the first opportunity to become part of this successful and fast growing business.
Established in 2002, Risk Reward’s client list has evolved to incorporate the names of national and international banks, leading financial services companies and insurance firms spanning five continents. Clients include international training firms and specific banks including the British Bankers Association, GPS, MIS, Al Rajhi Bank, FBN, First Gulf Bank, HSBC, Lloyds Bank, Wells Fargo and many more prominent names.
Several growth-spurring developments are happening simultaneously to lead the company to offer 5% in its market-leading business to new investors:
* Exceptional growth in its training business; the company has developed its retail training business in London and Dubai, and has also developed its multi-lingual global training services
* Investment has been made in development of a new recruitment businesses which is now approved by a number of companies and has been followed by taking over the business of Buckley Alan, a 12 year old recruitment firm
* Recently opened a US office in Miami
* Developed a learning management system which is successfully installed in a major bank and links skills to training delivery
* Published two best-selling money laundering deterrence works and a major text on business mathematics
* Approved by 5 major institutes to offer their training products including the CISI, ICAEW and ACAMS
Sales vary month on month between £150,000 and £200,000, and recent unsolicited valuations have put the company’s worth between £7-12 million.
These valuations also took into account the level of investment written off during the year developing the learning management system, recruitment business and US office. Business growth is around 25% per annum in this fast growing sector.
The fast-moving business requires equity investment to fuel its growth as the company strives to develop its already-strong position as a technical leader in its space.
This pitch represents an opportunity to invest in a respected training and recruitment business with a wealth of prominent clients.
days to go:
Expired
investment:
£25,300
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
Appital is an emerging financial market platform that will use digital profiling, unique algorithms and notifications to connect institutional demand and supply. With Appital, corporate and institutional companies within the equity capital markets space will have the opportunity to exchange illiquid equity without an investment bank or broker. Appital will also remove the dependence on email and phone, thereby ensuring efficiency and accessibility. The company is raising fund to built the Appital software, achieve FCA regulation, generate marketing material and gain contracts with partner settlement and KYC providers. Furthermore, the company will enhance the functionality of the software by leveraging its network to other products such as primary debt and primary equity deal flow.
days to go:
Expired
investment:
£349,060
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
An app designed to help families manage their household bills in one place. Onedox have increased their user base over threefold to 16,000 users since June 2017 and manage more than £21m worth of customer expenditure with over 700m bills downloaded for their customers to view. The company has participated in the 'Accenture Fintech Innovation Lab' and 'NatWest Entrepreneur Fintech Accelerator' programmes, as well as being finalists in the 'British Banking Awards 2018'.
days to go:
Expired
investment:
£358,120
The SidebySide Partnership is a London based Enterprise Investment Scheme (EIS) Venture Capital (VC) firm. Its purpose is to finance and control the management teams of its investee companies enabling them to become a developed corporate entity. The SidebySide Partnership's focus is on fast-growing technology businesses with £1 - 10 million in revenue. It provides 100% EIS relief on investment with zero initial/ongoing fees charged to investors. The SidebySide Partnership's investment experience of 20+ corporate acquisitions totalling more than $200 million, 20+ private investments, and a rate of interest of 12x over the last 35 years has enabled it to become a dependable platform for upcoming tech businesses. It will use the investment to grow its business across different verticals.
days to go:
Expired
investment:
£1,500,000
Those who work in services, such as the Armed Forces, can find it difficult to access financial products due to their anomalous credit histories compared to non-services personnel. TSFL aims to address this with their advanced risk-modelling platform for underwriters. This will allow tailored insurance, consumer credit and eventually home lending to be sold through TSFL.
days to go:
Expired
investment:
£1,431,885
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
