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Six out of ten SMEs would use crowd lending

  UK BUSINESSES TURN TO ALTERNATIVE FUNDING TO GROW Six out of ten business owners (63%) have either used crowdlending or would consider doing so, according to new research by peer-to-peer business loan website FundingKnight. In fact, nearly one in five SME owners or decision makers report that...

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New Crowdfunding Platform Takes Flight

The London Entrepreneurial Exchange (E2Exchange), headed by Sir Richard Branson, is behind the launch. The platform is called Ice Dragons – and will connect high-quality, ambitious start-ups with high net-worth investors. It is being delivered in partnership with the Welsh Innovation Centre for Enterprise (ICE). E2Exchange...

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Nabarro summary of FCA policy statement 14/4

Briefing 27 March 2014 FCA publishes policy statement on crowdfunding regulation Author: Sam Robinson Partner T + 44 (0)20 7524 6836 sj.robinson@nabarro.com View profile Co - Author: John Finnemore Senior Associate T + 44 (0)20 7524 6432 j.finnemore@nabarro.com Summary and implications On 6 March 2014, the Financial Conduct Authority (FCA) published Policy Statement 14/4 (Policy Statement) outlining the FCA's...

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EU commission issues press release on crowd funding

http://europa.eu/rapid/press-release_MEMO-14-240_en.htm   Crowdfunding offers many benefits that fit in with the wider objectives of the European Commission. The European Council in its June 2013 conclusions emphasised the need to develop alternative sources of financing in close cooperation with Member States. The Entrepreneurship 2020 Action Plan (see IP/13/12) aims to increase...

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