By: Bruce Davis The deficit is social and political and neo-liberal economics are to blame Global wealth is being captured by and increasingly disconnected elite and creating a vacuum ripe for the rhetoric of UKIP and other extreme parties Neo-liberal economics create the perfect situation for the rise...
Continue Reading
Nesta: UK Crowdfunding Platforms Up by 50% in 2013 Nesta Estimates 87 Crowdfunding Platforms Live in the United Kingdom today. According to London based charity / research entity Nesta, the number of crowdfunding platforms operating in the UK rose by over 50% in 2013 according to their...
Continue ReadingCrowdfunding – Regulations are now the Biggest Barrier to Entry By jay.tikam@vedanvi.com Are you thinking of starting a crowdfunding or peer-to peer (P2P) lending platform? Then I have some good and some bad news for you! The good news is that barriers to entry are breaking down fast....
Continue Readingby Tim Wallace May 30, 2014, 2:02am INVENTORS creating new finance technology will be welcomed into the City watchdog to find out how regulations can be made to work for them, Financial Conduct Authority (FCA) chief executive Martin Wheatley said yesterday. He has spent the last year setting up...
Continue Reading
Crowdfunding bars, bees, booze and cures By Steven McKenzie BBC Scotland Highlands and Islands reporter According to those involved, it is something that is becoming increasingly popular with entrepreneurs and the public. In Scotland, crowdfunding has helped to reopen a closed-down bar in Thurso, fund a beehive business in...
Continue ReadingWelcome to the AltFiNews Letter! The major news this past week has been the mounting excitement over an SME referral system that now appears to be on the cusp of realization. It’s believed that the legislation forcing banks to refer businesses that they reject for loans...
Continue ReadingCrowdfunding : a real threat to banks – with a little help By: Colin McLean With small business lending by banks still weak, crowdfunding could assist broader based economic recovery. But the slow pace of regulatory reform is limiting its potential. Banks still fail to view the sector...
Continue ReadingRichard Branson: I would have turned to crowdfunding Billionaire entrepreneur says crowdfunding has shifted the balance of power away from banks and private equity houses Sir Richard Branson - Age of Energy: The Green Economy Sir Richard invested in Indiegogo alongside PayPal co-founder Max Levchin, Yahoo! chairman Maynard...
Continue ReadingYouTube has identified that their problem is; a lot of funding happens off YouTube. So they've been thinking about how they can do this directly on YouTube, allowing fans to fund the creators that they really love find out more here ...
Continue Reading
Financing with the Crowd: Indiegogo, Seedrs and Wayra Give Their Two Cents – Part I
ELENA RUECKERT 2014-05-23 0
This week the word “crowdfunding” was added to the Merriam-Webster’s Collegiate Dictionary. Indeed, “the practice of soliciting financial contributions from a large number of people especially from the online community” has been growing significantly in popularity – especially among European startups who are looking for pre-seed or seed funding.
Here is how Jeff Lynn, CEO of equity crowdfunding platform Seedrs, sees the future of crowdfunding: “I think in Europe broadly and Germany specifically, it is going to continue to grow very significantly. I think one thing to remember in terms of crowdfunding is that, while it is still in its early days and people see it as this new thing, in ten years time it will be like e-commerce. Nobody really says e-commerce anymore. It is just commerce.”