The European crowdfunding trade body changes visual identity to signal a new phase of the industry.
“The future is in our hands as investors look with increasing interest at companies with a positive impact.”
There is despair, but also a desire to react and come together to look ahead.
WeFunder is planning to launch a platform in Europe taking advantage of the new European Union funding rules.
ECN Crowdfunding Convention
Member states are responsible for authorising and supervising crowdfunding providers.
But collaboration, education and research are pivotal to succeed.
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.
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.
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.
ECN grows as it launches in Spain, hires two top executives to boost the organization and presents a week-long festival in Italy.
This is what Kickstarter’s CEO told The Verge.
UK crowdfunding leaders are taking paycuts as platforms put a limited number of employees on furlough leave.
Read, seen and listen in my lockdown.
Industry players worry about the future of the sector.