During the month of August when many people were sunning themselves on a beach somewhere, equity crowdfunding platform Crowdcube was very busy. So busy in fact they raised a stunning £2,268,580 for the entire month. This represented 6 funded pitches and the support of 701 investors. The average amount invested stood at £3,240. The largest amount raised was £1.3 Million with the smallest standing at £37,500. Expectations are these funded businesses will generate approximately 253 jobs in the next few years.
Crowdcube is one of the leading equity crowdfunding platforms in the United Kingdom and during past months they have announced they are planning expansions into new countries. The platform has crowdfunded successfully over £12 Million since their inception. They list over 44,000 registered investors on their platform.
The United Kingdom has been at the forefront of global equity crowdfunding while the United States continues to endure bureaucratic delays as the Securities and Exchange Commission continues to deliberate on final regulations.
