It’s certainly been an interesting week in the news, with Donald Trump finally being inaugurated as President of the United States. Meanwhile, in the world of crowdfunding, some serious news emerged from the FCA and the Cambridge Centre for Alternative Finance, and the Jamaican bobsled team launching a crowdfunding campaign to fund its Winter Olympics coach.
So, with that being said, here’s our second Weekly Top 10 news roundup:
1. Big news this week coming from Crowdfund Insider as the UK’s Financial Conduct Authority (FCA) asked the world-leading Cambridge Centre for Alternative Finance (CCAF) to conduct surveys examining the many benefits the sector’s platforms provide to investors and fundraisers.
2. Smallbusiness.co.uk reported that tensions are rising between high street banks and entrepreneurs over business advice. Thankfully we can help SMEs with our Race to Scale initiative!
3. The CEO of Bizfi noted that crowdfunding looks set to drive business growth in 2017. Read more in Finance Magnates.
4. In his interview with co.uk, Co-Founder of Crowdcube Luke Lang backs calls for increased transparency around investment opportunities listed on platforms.
5. Indiegogo’s CEO told Entrepreneur that he expects Internet of Things (IoT) tech companies to present incredibly attractive opportunities to investors on crowdfunding platforms in 2017.
6. New AltFi News data shows that individual lending is on the rise – good news if the sector is set to achieve its aim of democratising capital investment.
7. Fantastic news as co.uk reported that a new crowdfunding platform has been established to support female entrepreneurship.
8. A new study covered by Crowdfund Insider has shown that crowdfunding has delivered more funding to UK businesses than the government’s Start-Up Loans Company.
9. Noting that more than 20 companies raised over £1 million through equity crowdfunding in 2016, the CEO of OFF3R discusses the need to provide investors with clarity in this co.uk article.
10. They are Jamaica, they have a bobsled team! The Jamaican Olympic Bobsled team tell Inside the Games that they are looking for a new coach and are using crowdfunding to finance one in time for the next Winter Olympics in 2018.
Join us next Friday for your next dose of crowdfunding news!