Interesting times for alternative finance. After the recently reported failure of YES-secure, The Observer reports that “the phenomenon of crowdfunding is booming. You can stake from just £10 to emulate the likes of Duncan Bannatyne by becoming a “mini-dragon”, backing an ever-expanding range of ventures from theatre productions to electronic gizmos.” The same article goes […]
Britain is set to overtake the United States as the world leader in crowdfunding, according to Money&Co. CEO, Nicola Horlick. Speaking at a crowdfunding event organised by the NESTA charity (National Endowment for Science Technology and the Arts), the Money&Co. chief executive said: “I think we will become a world leader, partly because we are […]
SME Finance Monitor BDRC Continental has recently published a survey that highlights the growing number of alternative funding providers. Crowdfunding is cited as a prime example of this phenomenon. The Telegraph reports that small- and medium-sized companies (SMEs) are turning to alternative providers of finance. The news organisation’s enterprise editor, Rebecca Burn-Callander says that SMEs […]