Tagged: bruce davis

Tidal Turbine by Orbital Marine Power Goes Online, Funded in Part by Crowdfunding Platform Abundance

Orbital Marine O2

Earlier this week, a tidal turbine went online generating sufficient power to provide enough electricity for 2000 homes. Towed and anchored off the coast of Scotland, the Orbital O2 is predicted to operate for around 15 years. The project came to fruition with the assistance… Read More

UK Crowdfunding Industry Concerned About Outcome of Most Recent “Call for Input” that May Impact Investment Platforms

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The UK crowdfunding industry is worried that a recent “Call for Input: The Consumer Investments Market” by the UK Financial Conduct Authority (FCA) may undermine the viability of the investment crowdfunding industry. Comments on the process closed on December 15, 2020. The consultation was instituted… Read More

Abundance Helps UK Town to Become First Carbon Neutral Community in Britain with Green Bond

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In partnership with Abundance Investment, Warrington Borough Council is raising £1 million via a Community Municipal Investment (CMI), as part of an effort to beat the UK government’s 2050 net-zero target by a full 20 years, according to a note from the crowdfunding platform. Abundance… Read More

Mission Driven Platform Abundance Lists its Greenest Investment Ever

bruce davis

Mission-driven investment platform Abundance is offering its “greenest ever social and affordable housing investment.” Liverpool Community Homes PLC is raising up to £6,850,000 to finance two green and sustainable developments. The development is for up to 37 new homes on the outskirts of Liverpool. Abundance… Read More

Abundance Now Offers “Ethical Investment” that Pays 7%

Abundance Pax Apartments

Mission-driven crowdfunding platform Abundance is now offering an “ethical investment project” offering a 7% return over a 19 month term. The new project is helping build a new social housing project in Liverpool. This is Abundance’s second investment in the social and affordable housing sector,… Read More

The Financial Conduct Authority Updates Rules for Peer to Peer Lending, Boosts Investor Protection Including Cap on Retail Investors

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The UK Financial Conduct Authority (FCA) has published a long-anticipated update to crowdfunding rules. More specifically, the FCA has “enhanced” aspects of investor protection for investors participating in peer to peer lending (P2P). Rules for investment crowdfunding, on the other hand, came out largely unchanged…. Read More

UK Crowdfunding Association Schedules Meeting with FCA to Discuss Concerns Over “Quality of Supervision”

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The UK Crowdfunding Association (UKCFA) has scheduled a meeting with the Financial Conduct Authority (FCA) as the group is concerned over the “quality of supervision,” according to a report in the Times. The UKCFA is an association that represents the leading equity crowdfunding platforms in… Read More

EY Report: In the UK, Crowdfunding Tops Bank Financing as Preferred Option

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EY has published their second annual “Fast Growth Tracker” report that surveys founders and entrepreneurs in the UK. The brief report provides an interesting perspective into the UK innovation economy that is vital to economic growth and prosperity. An interesting finding from the report is… Read More

Ethical Crowdfunding Site Abundance Closes Round on Seedrs at £1.5 Millionn

Bruce Davis

Abundance, an investment crowdfunding platform and leading “peer-to-peer ethical investment platform,” has closed its equity crowdfunding round on Seedrs. Abundance states that it originally looked to raise £1.2 million from investors but ended the offer overfunded at £1,575,586. The share offering valued Abundance at £16.6 million pre-money. Abundance… Read More

Crowdfunding Platform Abundance Lists on Seedrs Seeking £1.2 Million in Equity

windmill green energy renewable

Abundance, a peer-to-peer “ethical investment platform,” is looking to raise growth capital on crowdfunding platform Seedrs. According to a note from Abundance, the equity raise aims to “increase customer ownership and boost positive impact.” Pre-registered investors have already committed to 50% of the target of… Read More

UKCFA Says News About IFISA Uptake is Great for Investors and the UK Economy

bruce davis

This past week, HMRC released numbers on the relatively new Innovative Finance ISA (IFISA) that enables savers to invest in debt based crowdfunding offerings. The UK government indicated that IFISA participation had topped £290 million during the 2017/18 tax year, or 8 times more than… Read More

CCAF: Startups & SMEs are Big Beneficiaries of UK Alternative Finance as Market Grows by 43% Year over Year

UK London Parliament

The Cambridge Centre for Alternative Finance (CCAF), the leading global research institute for all things Fintech, has published its fourth annual survey on UK alternative finance. According to the report, entitled Entrenching Innovation: The 4th UK Alternative Finance Industry Report, the sector of emerging financial… Read More

The Finance Innovation Lab Adds Six New Trustees

Finance Innovation Labs Trustees 2017 wide

The Finance Innovation Lab has revealed the appointment of six new Trustees, including a new Chair and Treasurer. The new appointments were s described as further strengthening the Lab’s leadership as it seeks to grow its work for a financial system that serves people and… Read More

Abundance Tops £50 Million in P2P Invesment into Renewable Energy Projects

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Abundance Investment, a UK based peer to peer lending platform in the renewable energy sector, has just topped £50 million in investment, according to a company report. Management said the “huge” popularity of its IFISA and three highly popular renewable projects from tidal, geothermal and… Read More

RateSetter Upheaval: P2P Lender Shoulders Struggling Loans, Backs Away from Wholesale Lending

Pembroke College Diversion Cambridge UK

RateSetter has been hit with a series of significant operational challenges as several large loans have struggled.  The widely reported series of events have culminated in approximately £48 million worth of loans being taken over by the P2P Lender. This amount would have  outstripped the… Read More

Tidal Power! Atlantis Ocean Energy Links with Abundance for New Campaign

Ocean Water Sea Waves

P2P investment platform Abundance launched a unique opportunity for “ordinary people” to invest as little as £5 directly in Atlantis Ocean Energy tidal power and earn 8% p.a. for 5 years, as this innovative renewable energy technology comes of age. The investment is eligible for inclusion in… Read More

Bruce Davis, MD of Abundance, Shares Insight & Perspective on FCA Regulatory Review

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Bruce Davis is a founder and Joint Managing Director at Abundance, a peer to peer investing platform focused on renewable energy projects. He is also part of the original team that launched Zopa – the very first peer to peer lending platform to set up… Read More

Making the CutOff: Abundance is Approved to Offer Innovative Finance ISA

bruce davis

While many of the larger peer to peer lending platforms remain in limbo as to whether or not they will make the April 6th launch date for the Innovative Finance ISA (IF ISA), Abundance will be one of the first to offer the newly minted… Read More

Abundance Partners with Top Cleantech Firm Anesco on New Renewable Investment Opportunity

Sun Solar Sunset Boat

Renewable investment platform Abundance has partnered with Anesco to offer a new opportunity to investors. Anesco is a £200 million in revenue company and Abundance believes it is one of the largest companies to ever engage in a crowdfunded securities offer. The offer is for a… Read More

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