Tagged: fca

October 24, 2013 @ 1:37 pm By JD Alois  |  

The Financial Conduct Authority is proposing to alter their approach to regulation regarding firms which operate investment crowdfunding platforms.  With the UK crowdfunding market standing at about £360 Million today, this new market and associated asset class is poised to boom exponentially.  The vast majority… Read More

October 24, 2013 @ 9:15 am By JD Alois  |  

Amanda Boyle created BloomVC (Venture Capitalist) in 2011 to fill a funding gap for innovative ideas, community initiatives, and small business growth with the power of the crowd.  Located in the UK, Bloom is a rewards based crowdfunding platform. With the release of the FCA Consultation Paper… Read More

October 24, 2013 @ 8:48 am By JD Alois  |  

The Financial Conduct Authority (FCA), the United Kingdom regulatory agency which has oversight on crowdfunding, has released their comments on regulating the crowdfunding industry.  This includes both debt based and equity based crowdfunding. On 1 April 2014, the FCA is taking over the regulation of… Read More

October 22, 2013 @ 10:10 am By Charles Luzar  |  

PolicyMic | Crowdfunding For Private Security in Oakland Ignores a Few Key Facts PolicyMic takes a deeper dive into the recent Crowdtilt campaigns funding private security forces in Oakland. What did they find? That some of the neighborhoods don’t have as much crime as one… Read More

October 19, 2013 @ 2:57 pm By Charles Luzar  |  

VentureBeat: WePay’s API pays off, handles 648% more crowdfunding volume than last year The headline says it all… WePay is seeing some pretty impressive traction providing payment services to crowdfunding campaigns, but they’re quickly moving toward robust solutions for platforms as well. A provided API has… Read More

October 4, 2013 @ 10:46 am By Charles Luzar  |  

The FCA takes responsibility for regulating consumer credit markets starting in April of 2014. This responsibility includes the peer-to-peer lending space. The FCA has announced plans to release guidance on lending-based crowdfunding and regulatory compliance later this month. In a recent release, the FCA detailed… Read More

September 21, 2013 @ 2:58 pm By JD Alois  |  

Funding Empire, a UK based online crowdlending platform, has scheduled the formal release of their borrower application process to facilitate debt crowdfunding in the United Kingdom.  Scheduled for release on Monday, September 23rd, this follows their successful launch of their lender registration process. The objective… Read More

September 18, 2013 @ 6:11 am By Julia Groves, Chair UKCFA  |  

Crowdfunding, and in particular crowdinvesting, is the result of deep dissatisfaction, anger even, at where our financial services industry has delivered us today. The financial crisis brought people onto the streets in protest at the behaviour and lack of contrition from our mega financial institutions…. Read More

September 4, 2013 @ 10:13 am By JD Alois  |  

Crowdcube Equity Crowdfunding Platform has Raised Over £12 Million to date for 64 Busineses. Crowdcube founders Luke Lang and Darren Westlake ventured off to Downing Street today to meet with British authorities to discuss the equity crowdfunding revolution and realities of today.  Representatives from HM… Read More

August 21, 2013 @ 12:00 pm By JD Alois  |  

In several recent headlines in the UK press there have been statements that “Crowdfunders Face Crackdown”  as latent fear for investor protection creeps into regulatory discussions while equity crowdfunding quickly grows.  In one particular article a Partner at Kuber Ventures commented that; “investors with little… Read More

May 9, 2013 @ 1:00 am By JD Alois  |  

In the ultimate validation of their successful equity crowdfunding platform, UK based Crowdcube has successfully crowdfunded their own company by offering equity in their business.  In a post on the Crowdcube Facebook page they acknowledged having raised £1,500,000 from 259 investors.  The funds were raised… Read More

April 13, 2013 @ 9:53 am By JD Alois  |  

UK based Equity Crowdfunding platform Seedrs has announced hitting their first £1 Million milestone after only 9 months.  This amount represents capital raised for 21 UK based start-ups.  The platform has ramped up quickly with the bulk of funds, £700,000, being raised in the past… Read More

December 14, 2012 @ 3:59 am By iExpats  |  

Crowdfunding for investors putting small sums of cash in to risky business start-ups is likely to be policed by financial regulators under new rules. The government believes that the lack of regulation has held back investors from putting cash in to a business wanting to… Read More