Category Archives: Government
22
03.2013
UK crowdfunding sector launches self-regulatory body
The UK’s leading crowdfunding businesses have joined together to launch a trade body, the UK Crowdfunding Association (UKCFA), aimed at providing clarity and consumer protection and for the whole industry. Crowdfunding in the UK has experienced massive growth over recent years. Operators provide a much-needed alternative source of finance for businesses looking to raise funds, and it is an easy and transparent way for …
04
02.2013
Crowdcube is authorised by the FSA
Crowdcube, the world’s first equity crowdfunding website, today announced that it is now authorised by the Financial Services Authority (FSA). The authorisation makes Crowdcube the only regulated equity crowdfunding platform where investors can become direct shareholders in UK businesses. Crowdcube is a world leading innovator in the business finance sector and has raised over £5 million for UK businesses. More …
07
12.2012
Open Letter from the Peer‐to‐Peer Finance Industry to EU and UK Policy‐makers on the Need for a Clear Regulatory Framework
December 7th, 2012 Economic recovery is being hampered by the failure of our financial system to enable the efficient flow of savings to people and businesses who need capital.1 Banks have become even less willing and able to lend to the productive economy since the 2008 crisis. Insufficient competition in the markets for consumer and business finance is eroding our long …
14
01.2012
Crowdcube at No.10
On Thursday I was invited to attend a round table meeting at 10 Downing Street to discuss disruptive business models as part of the governments’ Red Tape Challenge. Attending the meeting was also Giles Andrews, CEO of Zopa, and Karen Darby, Sherry Coutou and Adrian Beecroft. The purpose of the meeting was to discuss how regulation needs to be updated …
19
12.2011
Crowdcube raises £300k business finance using own crowdfunding platform
Investors show support for British Crowdfunding Start-Up as Crowdcube raises £300k in 10 days Exeter, UK – 19 December 2011. Crowdcube , the company behind an innovative funding solution for start-ups and growing businesses, has used its own unique crowdfunding website to secure £300,000 investment from 162 investors to fuel its next phase of growth. The investment was raised in …