“We'd both been intrigued by equity crowdfunding's potential as an alternative investment since the launch of Seedrs & Crowdcube, but because it deals with private businesses, there was very little in the way of tangible performance data”
Crowdfund Insider - 2nd July 2020
UK Report Claims Investment Crowdfunding Declined by 15% in Q2 but More Investors are Backing Early Stage Firms
“The facts confirm what everybody would expect in the current environment: 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. The success of Freetrade raising £6 million at the hight of the epidemic is a good example but Crowdfunders did support many other opportunities, including some like The
Cheeky Panda - successfully raising over £2 million to support a hike in demand for its sustainable toilet rolls!
Crowdfunding is well setup to quickly adapt to the market and we would expect to see an increase in demand for funding for companies during this difficult market”