This relatively new financing model is experiencing exponential growth globally. In the period 2009-2013, the compound annual growth rate (CAGR) of the funding volumes was about 76% with an estimated total funding volume of $5.1bn in 2013. In terms of geography, the biggest market has...
Continue ReadingFORTUNE -- A 10-year campaign to achieve tax breaks for videogame development in the U.K. is victorious, with the country's creative industry hoping it will reverse a "brain drain" of talent to North America. The move -- now ratified into law by the European Commission --...
Continue Reading
The first Annual General Meeting of the UK Crowdfunding Association will take place on 10 June, 2014. Voting papers for nomination of directors will be sent out during the week commencing 19 May, 2014 to full members of the UK Crowdfunding Association. Up to 12...
Continue ReadingFind out how crowdfunding works, some of the benefits and risks, and the FCA's view of this type of investment opportunity. Crowdfunding is a way in which people and businesses (including start-ups) can try to raise money from the public, to support a business, project, campaign or individual. The...
Continue ReadingPension reforms could see some retirees use crowdfunding to get a buy-to-let loan in order to boost their incomes. Pensioners thinking of using their freed pension cash to get into buy-to-let may have to turn to crowdfunding to fulfil their plans. continue reading...
Continue Reading
Alternative financing: show me the money The growth of the alternative financing sector is putting more investors in touch with businesses of all sizes who are in need of financing. Jaimie Kaffash considers the alternatives to conventional bank finance from crowdfunding to peer-to-peer lending continue reading...
Continue ReadingQuidCycle to Revolutionize Debt Management
Ethically sound peer-to-peer lender to challenge payday loans companies
By AltFinanceNews on 28th November 2013An ethical peer-to-peer lending company – QuidCycle – is giving hope to families trapped in spiralling debt.
Growing frustration at profit-driven financial products and institutions led founder Frank Mukahanana to create QuidCycle. Mukahanana believes the customer-focused model will ultimately render payday loans companies obsolete.
Consultant for Bovill’s Venture Finance team Bovill’s Venture Finance team is growing and is looking to hire a client facing consultant. The team exists to give regulatory and compliance advice to clients engaged in crowdfunding, EIS, venture capital and early stage corporate finance.
The peer-to-peer and crowdfunding landscape is changing rapidly. Just a few years ago many people had never heard of the concept of lending their cash to businesses and individuals to earn interest at rates that would outstrip traditional savings rates. But the market has expanded quickly,...
Continue ReadingMoney&Co, the crowdfunding site launched by veteran fund manager Nicola Horlick, has reported a significant SME funding shortfall. The study asked senior management at UK SMEs about their last loan application, comparing it to the average sum awarded. The discrepancy reveals a funding gap of...
Continue Reading