ECN Crowdfunding Convention
Category: *Seeds
Covid-19: Economic recovery? Relying on banks restricts growth opportunities
On top of traditional entrepreneurial finance channels, entrepreneurs have many other tools at their disposal.
EU adopts a new set of rules to boost crowdfunding and protect investors
Member states are responsible for authorising and supervising crowdfunding providers.
Crowdcube and Seedrs will merge. A new chapter for the private equity industry?
The new company name is still unknown
Francesca Passeri (ECN): “Crowdfunding, to foster economic growth in the post-pandemic world.”
But collaboration, education and research are pivotal to succeed.
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
UK: Equity Crowdfunding in Chiaroscuro
The lack of disposable income casts shadows on the good performance of the industry in the first semester of the year.
Crowdcube launches the Direct Community Offer to solve the lack of liquidity conundrum
The leading equity crowdfuning platform announced the launch of a new secondary product for later-stage companies.
How Seedrs is trying to make equity crowdfunding a more liquid place
To attract more investors.
EU: New rules to improve crowdinvestors protection
The European Securities and Markets Authority (ESMA) will have an enhanced role to facilitate coordination and cooperation.
It has been a difficult quarter for Equity Crowdfunding. There were less deals but the crowd stuck at home during lockdown is responding to the situation and still actively investing in crowdfunding.
Etienne Paresys, commenting on the current state of the UK market which halved its volume from £112 million raised in Q2 2019 to £53 million in Q2 2020.
THE TRADE BODY FOR THE CROWDFUNDING INDUSTRY IN EUROPE LOOKS AHEAD
ECN grows as it launches in Spain, hires two top executives to boost the organization and presents a week-long festival in Italy.
Nikhil Rathi is the new Chief Executive of the Financial Conduct Authority
Fintech is set to be one of the priorities for the new course of the financial regulatory body.
How Will The Future of Crowdfunding Look Like?
This is what Kickstarter’s CEO told The Verge.
EU recovery: A new capital markets union strategy to be released next Autumn
Europe wants to mobilise all the resources at its disposal to kickstart the economy, including its financial markets.
Future Fund, Unchained
The British Government ha presented the fund to help startups during the Coronavirus pandemic as the equity crowdfunding industry express some concerns.
One For All and All For One
UK crowdfunding leaders are taking paycuts as platforms put a limited number of employees on furlough leave.
Crowdfunding: COVID-19, European Crowdfunding Network To Assess The Impact of The Pandemic
Industry players worry about the future of the sector.
