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.
Crowdcube
The new company name is still unknown
The leading equity crowdfuning platform announced the launch of a new secondary product for later-stage companies.
“People around the world are coming up with ideas on how to solve some of the problems and challenges we’ve faced in the last few weeks. For a lot of people, there’s a lot of time on their hands to do research, there’s a lot of thinking time. It is a perfect time to be doing that.”
Luke Lang, co-founder of equity crowdfunding platform Crowdcube, to CNBC
UK crowdfunding leaders are taking paycuts as platforms put a limited number of employees on furlough leave.
Industry players worry about the future of the sector.
“This of SyndicateRoom is actually a big story for the alternative finance industry not only because it marks a big shift, but also because it raises a question about its sustainability in the long run.”
How will last crowdfunding growth in the UK?
Playfinder, one of London’s fastest growing sports startups, has just successfully raise more than £700k to boost sport access in the UK.
Short terminism of equity crowdfunding platforms put at risk a whole industry and its promises to change for the better.
Crowdcube has announced plans to offer a £500,000 support package to fintech startups that focus on financial inclusion and accessibility.
The European Crowdfunding Network Asks for Fully Harmonized EU Rules.
What Beauhurst’s data reveal and who leads the market.
Gin distilleries, craft beer companies and fintech start-ups have been the hottest trends of 2018, according to data from crowdfunding platforms, the FT reports. Why?
UK government announced a new course of action to boost the crowdfunding industry.
Crowdfunding The Plant-Based Revolution.
Investors should be cognizant that while equity crowdfunding might provide prospects for good financial returns in the future, the flip side is that firms on these platforms are high risk in nature.
