Posted on Friday via the Crowdcube Twitter account, the UK equity crowdfunding platform ended the week on a high note sharing that £372,000 (Over $600,000) had been invested in businesses listed in their platform in just two days. While two days do not make a trend it is certainly encouraging to see this type of momentum at the beginning of 2014 – a year when many industry viewers expect investment crowdfunding to truly bloom. The £372K investment went into 50 businesses raising capital on the platform.
In the last 48 hours, we’ve had a whopping £372,000 invested into businesses on the site, great start to the weekend! http://t.co/8q0GgLEAhW
— Crowdcube (@Crowdcube) January 17, 2014
By most accounts Crowdcube has had a stellar 2014 and they are looking to boost their numbers with an aggressive global expansion plan for 2014. £16.6 million has been successfully invested via the platform since their launch back in 2011. The platform was “authorized” by the Financial Conduct Authority in February 2013 but managed to start offering equity in companies prior to the recognition by the FCA.
38 investments so far today, including a £200,000 investment. Check out http://t.co/gpbpAV3Iu0 for more info…
— Crowdcube (@Crowdcube) January 15, 2014