UK Market: H1 2017 The Strongest Months Ever for Equity Crowdfunding, Study Reveals

The first half of 2017 was the strongest 6 months for equity crowdfunding to date in the UK, a study from Off3r reveals as Crowdcube, Seedrs and SyndicateRoom established themselves as the market leaders by total funds raised.

In particular, over H1 2017 nearly £130 million were raised with a 14% increase compared to the same period of 2016. The record breaking month of March 2017, where Over £40 million was raised, boosted this data, the report points out.

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The fact that equity crowdfunding defies Brexit uncertainty is positive news for the UK economy. Particularly in light of the backdrop of a highly unstable political environment and mixed economic signals in the UK, Off3r’s COO James Mackonochie wrote in a blogpost. 

Find out more here.