The watchdog said the combined company would have at least a 90% share of the market with the risk of higher fees and less innovation.
Author: lucasabia
WeFunder is planning to launch a platform in Europe taking advantage of the new European Union funding rules.
The tech sector will be a major focus in the Budget.
“We aim to deliver a consumer investment market that works well for the millions of people.”
Where Is the European Crowdfunding Industry Heading?
ECN Crowdfunding Convention
What the Global Covid-19 FinTech Regulatory Rapid Assessment Study tells us about fintech regulation in the pandemics
On top of traditional entrepreneurial finance channels, entrepreneurs have many other tools at their disposal.
Member states are responsible for authorising and supervising crowdfunding providers.
The new company name is still unknown
Fingers crossed.
But collaboration, education and research are pivotal to succeed.
The company aims at raising £7.5 million for a sustainable future before going IPO.
Pitching is about persuading others by telling a story. What’s in it?
To raise funds via crowdfunding or by other means, entrepreneurs have to tell stories. And this is much more effective than just show numbers, studies say.
Kickstarter research found that support for crowdfunding campaigns and the success rate of campaigns is consistent with pre-pandemic metrics. However, the number of live projects on Kickstarter is down about 25% from the same time last year. Meanwhile, the largest equity crowdfunding platform, Wefunder, just reported that investor volume was up 35% from February through April and, in early May, reported a record $2 million of investment on a single day.
Source: Forbes
The lack of disposable income casts shadows on the good performance of the industry in the first semester of the year.
The leading equity crowdfuning platform announced the launch of a new secondary product for later-stage companies.
To attract more investors.
The European Securities and Markets Authority (ESMA) will have an enhanced role to facilitate coordination and cooperation.
A study reveals that crowdfunding could encourage future activism in the field of sustainable entrepreneurship and thus help drive global change towards sustainability.
Why we need to rethink capitalism after the Coronavirus pandemic
Gita Gopinath, Sharan Burrows, and Jennifer Morgan give some ideas about how the world can change in response to the COVID-19 pandemic. (Source: WEF)