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.
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.
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