Investment Crowdfunding Sees 2nd Strongest Quarter Ever in UK
While the
Seedrs –
Crowdcube merger may have been canceled due to the opposition of government authorities, the UK crowdfunding appears to be zooming along just fine – in spite of the ongoing COVID-19 health crisis (or perhaps boosted by it). According to a research report by
Equity Crowd Expert, the first three months of 2021 saw 118 securities offerings close during the quarter – the second-highest number of offerings in any quarter and a 25% increase versus the same quarter in 2020.
Seedrs and Crowdcube lead the sector and during the first quarter of 2021 half of the offerings were conducted by Seedrs with Crowdcube only slightly behind with 47% of the campaigns. Just 3% was raised on other platforms. Seedrs raised a bit more capital raised at 56% of the total vs. Crowdcube at 44%.