Tagged: darren westlake

June 21, 2023 @ 2:12 pm By JD Alois  |  

Darren Westlake, co-founder and former CEO of Crowdcube, has joined the board of directors of Crowdfunder, a UK-based rewards platform. According to multiple reports, Westlake will become the “interim chairperson” to help direct the strategy of the platform. Westlake exited Crowdcube earlier this year, passing… Read More

January 12, 2023 @ 10:27 am By JD Alois  |  

Darren Westlake, CEO and co-founder of Crowdcube, has announced his exit as CEO of the firm he founded in 2012. Westlake created the online investment platform alongside co-founder Luke Lang who exited the firm in 2021. Since its founding, Crowdcube has helped over 1800 offerings… Read More

July 20, 2022 @ 4:22 pm By JD Alois  |  

Today, the Financial Services and Markets Bill was introduced to Parliament in the UK. The legislation will replace “hundreds of pieces of EU retained law” as the UK moves beyond the oversight in Brussels. The aim of the bill is to establish a “coherent, agile… Read More

November 23, 2021 @ 9:16 am By JD Alois  |  

Circle, a digital asset firm that is a top stablecoin issuer and owner of investment platform SeedInvest, has invested $10.5 million in Crowdcube. The total funding round was $13.5 million. Circle’s investment in Crowdcube was made via USD Coin (USDC) – a dollar-based stablecoin. The percentage… Read More

November 10, 2021 @ 8:19 am By Omar Faridi  |  

Crowdcube aims to become the very first platform to operate under new European Union regulations (European Crowdfunding Service Providers or ECSP). Crowdcube, a leading online investment marketplace, will now be “uniquely positioned” to assist even more Europe-based businesses with securing capital while promoting engagement, loyalty,… Read More

October 25, 2021 @ 11:03 am By JD Alois  |  

Crowdcube, a leading investment crowdfunding platform operating in the UK and continental Europe, has posted an update on platform performance. According to CEO and founder Darren Westlake, Crowdcube generated £3 million in top-line revenue during Q3 – down slightly from the £3.2 million generated in… Read More

July 15, 2021 @ 7:54 am By Omar Faridi  |  

Prominent digital bank Revolut has finalized a massive $800 million round that now values the loss-making Fintech at $33 billion. Revolut‘s latest investment round brings on board two key investors, the SoftBank Vision Fund 2 and Tiger Global Management. The capital injection will be channeled… Read More

July 13, 2021 @ 8:51 am By JD Alois  |  

Crowdcube, a top European investment crowdfunding platform, has hired a new Chief Technology Officer as the launch of its new Community IPO nears According to a post on BusinessCloud, former CIO of Moneysupermarket David Halsey will help develop the tech stack at Crowdcube as the… Read More

March 3, 2021 @ 2:43 pm By JD Alois  |  

Earlier today, Chancellor of the Exchequer Rishi Sunak presented the budget for 2021. Obviously, the government policy on spending comes at a difficult time as COVID-19 is still very much with us yet glimmers of relief are showing as the vaccine takes hold. The Chancellor… Read More

October 5, 2020 @ 8:14 am By JD Alois  |  

Crowdcube and Seedrs, the two dominant crowdfunding platforms in the UK, have put aside any competitive friction and agreed to merge the two platforms subject to regulatory and shareholder approval. The merger will combine the two dominant private investment platforms in the UK while creating… Read More

May 14, 2020 @ 9:04 am By JD Alois  |  

Fintech Freetrade has raised over £4.5 million in just four hours raising capital online via Crowdcube. Currently, the offering is displaying £4.76 million (~ USD $ 5.8 million) from 2595 investors. The £1 million hurdle was collected in just 4:33 minutes. Freetrade raised £3 million… Read More

January 24, 2020 @ 6:30 am By JD Alois  |  

Crowdcube is the largest investment crowdfunding platform in the UK and the first platform to launch in the robust UK crowdfunding market – a market that in many ways leads the rest of the world. Founded in 2011, Crowdcube has helped to raise growth capital… Read More

November 7, 2018 @ 7:26 am By JD Alois  |  

Leading European VC group, Draper Esprit, has led a £8.5 million funding round in UK crowdfunding platform Crowdcube. According to a release by the company, Draper Esprit has taken a £6 million stake in Crowdcube. The funding round also saw the participation of Balderton Capital… Read More

September 10, 2018 @ 7:51 am By JD Alois  |  

Crowdcube, a leading European crowdfunding platform based in the UK, has acquired software provider Supdate. According to Crowdcube, the acquisition will help Crowdcube funded companies be more connected with their shareholders. Terms of the acquistion were not revealed but a blog post indicated that Supdate… Read More

September 20, 2017 @ 7:53 am By JD Alois  |  

Crowdcube, the UK’s largest equity crowdfunding platform, and US based SeedInvest have officially announced a formal arrangement to provide cross border investment crowdfunding. The deal was tipped a few days ago when Keen Home, an American company that is crowdfunding on SeedInvest – popped up… Read More

July 21, 2017 @ 9:29 am By Samantha Hurst  |  

This week, Luke Lang sat down with his Crowdcube co-founder, Darren Westlake, to discuss start-up challenges and the entrepreneur lifestyle. The interview’s description reads: “Listen to Luke’s perspective about the challenges of starting a business in a new sector, in the tail end of a… Read More

April 13, 2017 @ 7:54 am By JD Alois  |  

Crowdcube has announced the completion of its first batch of secondary transactions on their crowdfunding platform. The serviced was initially tipped for release last year during Crowdcube’s self-crowdfunding round that raised £6.6 million.  Incorporating secondary transactions is an important step in the crowdfunding platform as… Read More

April 4, 2017 @ 8:43 am By Erin Hobey  |  

With an investor community of over 376,300 members and more than £233,663,983 invested, the UK-based equity crowdfunding platform Crowdcube co-founded by CEO Darren Westlake and CMO Luke Lang celebrated over 500 successful raises today, 512 to be exact. With Floom closing in quickly on £390,000 and Sugru and Bedrock Learning… Read More

October 12, 2016 @ 8:36 am By Samantha Hurst  |  

On Wednesday, equity crowdfunding platform Crowdcube announced it has appointed former Citigroup and HSBC executive, Simon Williams, as a new chairman of its board. Williams notably has over 30 years of experience in banking and investment. The funding portal revealed that Williams is joining the board… Read More

August 13, 2016 @ 9:30 am By Samantha Hurst  |  

Just three days before its self-running campaign is set to close, Crowdcube announced the initiative is considered the largest raise on a UK crowdfunding platform. The company launched its highly anticipated campaign last month and within the first 24 hours, the platform raised over £6 million… Read More