11th March 2019
VenueScanner has raised £1 million to roll out its sharing economy marketplace for booking venues.
VenueScanner aims to become the #1 online destination for events globally, changing the landscape of discovering and booking space online, by creating a simple and smart self-service platform for hosts and organisers.
Current investor Tom Singh explains: “We’re excited to continue to back the VenueScanner team. They've scaled a unique approach to innovating in the events market, with 18k spaces live across 15 UK cities. The range of companies using VenueScanner for finding event space, from Deloitte to Lululemon is testament to the product.
5th March 2019
The British Business Bank has announced the accreditation of Robert Owen Community Banking Fund (ROCBF) as a lender for the term loan variant of the Enterprise Finance Guarantee (EFG) Programme.
Based in Newtown, Mid Wales, ROCBF has recently launched an enhanced range of ethical loans for businesses, individuals and communities across Wales. These business loans, ranging from £1000 to £50,000, are available to support a spectrum of local enterprises.
1st March 2019
YFM backed ACC Aviation has acquired global aviation consultancy Aerotask and has been recognised in the Sunday Times as one of the UK’s fastest growing international sales businesses
28th February 2019
Two niche property law firms, Equilaw and Thomas Legal, have received a multi-million pound investment from BGF, the UK’s most active investor in growing companies, to support business growth.
Set up in 2007, Equilaw is the UK’s only dedicated equity release legal adviser, working with homeowners and financial advisers to provide independent legal advice on the process of releasing home equity for a range of purposes including retirement planning, house improvements and care provision.
5th February 2019
NVM Private Equity has committed £2.2 million of growth capital into London-based recognition, employee reward, and ideas platform business, Mo. Formerly known as Thanksbox, Mo provides proprietary technology to help organisations achieve success by strengthening relationships, sharing ideas and building stronger cultures and giving employees greater meaning at work. NVM’s investment will be used to accelerate scale up of the business, expand the team and to deliver further technical progression in the platform.
1st February 2019
Over a quarter (27%) of business leaders are expecting revenues to grow by more than 10 percent in 2019, according to a new report by Independent Growth Finance (IGF), the leading independent asset based lender.
Despite undeniable uncertainty in the economy, IGF’s Powering Freedom Report finds that British businesses turning over between £1 million and £500 million remain ‘bullish’ about the future. Nine in ten company leaders have concerns over Brexit yet they remain optimistic about opportunities in the year ahead. In fact seven in ten (69%) companies expect an increase in revenues.
1st February 2019
AI is already being implemented in businesses around the world, and while worries persist over whether robots will be taking over the workplace, some are predicting that it will actually improve and even create jobs in the future.
From devices in our homes to mobile apps, AI has already made its way into our daily lives. The workplace is no exception and AI has already helped businesses make better use of data and streamline processes. According to John Williams, Head of Marketing athere are a few AI trends you should be aware of for your business:
31st January 2019
Flavia Richardson, portfolio Manager for the London Co-Investment Fund , considers the 5 elements which classify an outperforming company.
13th December 2018
Total lending facilitated by P2PFA platforms passed £10 billion during the third quarter of 2018 with the sector’s contribution to the UK economy approaching nearly £11 billion by the end of September – with the most pronounced growth continuing to be found in lending to small businesses.
The quarterly data – which for the first time includes statistics from CrowdProperty which joined the P2PFA in July – reveal that during 2018, platforms have lent more than £900 million each quarter, with the net lending flow of capital increasing between the second and third quarters of the year.
7th December 2018
has launched the latest findings from its Brexometer Index, a quarterly pulse survey of institutional investor sentiment on the economic impact of Brexit.
After appetite for UK assets rose to a record high in Q3 2018, the Q4 2018 survey has brought a slightly more muted response from investors, with those intending to increase their holdings falling to 15 percent from 21 percent. Consequently, the proportion of investors looking to decrease their holdings of UK assets remained unchanged at 20 percent in Q4.
7th December 2018
Private equity experts at UK law firm Shoosmiths have advised nGAGE, one of the country’s biggest privately owned recruitment groups, on its acquisition of Henlow Recruitment Group.
nGAGE has invested in Henlow, a QuantTech recruitment business which operates in the UK, Europe, USA and Middle East, to enable it to grow its presence in international markets.
6th December 2018
Brexit remains the largest concern for small businesses in 2018, as uncertainty remains over whether a deal of any sort will be reached by the March 2019 deadline, says GlobalData, a leading data and analytics company.
Uncertainty surrounding a no deal remains the biggest issue, with existing arrangements for exporters and importers under threat. Similarly, sectors, such as construction, are heavily reliant on migrant workers.
GlobalData’s 2018 UK SME Insurance Survey found that over a third of respondents (36.8%) stated they were either concerned or very concerned about Brexit. This indicates there is a sizeable market for insurers to include cover for losses as a direct result of Brexit in their business policies in the short term.