Barclays Opens FinTech Site in Tech City London

Barclays Opens FinTech Site in Tech City London

Barclays has opened its flagship FinTech open innovation site, Rise London, in Shoreditch. Rise is Barclays’ programme which aims to combine a curated community of FinTech startups , corporate clients and other experts from across the world, to work on Barclays’ customer and business opportunities and to shape innovative financial services.  At Rise, Barclays co-creates new products, services and platforms along with startups and corporates, investors and industry experts across seven sites internationally in New York, Manchester, Mumbai, Cape Town, Vilnius, London and Tel Aviv. In each location, the banking

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Mettrr Technologies secondary share sale on Crowdcube

Mettrr Technologies secondary share sale on Crowdcube

Congratulations to Sebastian Lewis and the team at Mettrr Technologies which has become the first company to provide financial returns for its crowd investors through a secondary share sale on Crowdcube. Investors, who backed the tech startup in 2012, received a 9x return on their original investment after angel investors acquired a stake in the company. Following the transaction, 10 investors collectively realised £50,000 in Mettrr Technologies, previously soletrader.com. Two further investors realised £250,000 in an off platform transaction. Since raising £100,000 on Crowdcube in March 2012 from 25 crowd investors, the company has

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The Angel CoFund is now 5 years old, how has it performed?

The Angel CoFund is now 5 years old, how has it performed?

The Angel CoFund, a London, UK-based venture capital fund launched with an initial Government-backed funding of £50m has announced its main results culminating with the celebration of its fifth birthday. With its mandate remaining to back the best UK-based high potential and high growth early stage companies and to partner with business angels via co-investment, the fund has hit several milestones, including: more than £33m invested which leveraged £175m of co-investments from angels and angel networks 71 companies funded Four successful exits Three IPOs And an ROI of 3x on average

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