Startup

Orsto Ltd. Launches Crowdfunding Project For The PLUS+ Watch Bliss And Dynamic On FundAnything.com

Orsto Ltd. Launches Crowdfunding Project For The PLUS+ Watch Bliss And Dynamic On FundAnything.com

With a goal of $100,000 Orsto Ltd. based in Durham, England has launched a crowdfunding campaign on FundAnything.com, the new platform partly owned by business mogul Donald Trump.  Happy to be one of the pioneering projects on the business mogul’s site dedicated to effectively raising money for noteworthy projects Orsto Ltd. has put its newest project front and center.  The PLUS+ Watch Bliss and Dynamic, otherwise known as two distinctive products of next generation wearable technology, are the first of their kind in the marketplace.  Hoping to garner the eye of Donald Trump himself to become one of the coveted “Trump’s Picks” Orsto Ltd. developers power…

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Savers warned of dangers of investing in start-ups through crowdfunding websites as investors in Bubble & Balm face losing their shirts

Savers warned of dangers of investing in start-ups through crowdfunding websites as investors in Bubble & Balm face losing their shirts

Savers are being warned of the dangers of giving cash to start-up firms through ‘crowdfunding’ websites — as they could lose all their money. The UK’s financial watchdog, the Financial Conduct Authority, is set to clamp down on sites offering shares of fledgling businesses to small investors as a way for these companies to get their hands on cash. Savers who lent money to start-up firm Bubble & Balm on a ‘money exchange’ website recently learned they could lose all their cash. Start-up: Investors who lent money to fair trade soap manufacturer Bubble & Balm could lose all their money The FCA has already warned the…

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Squareknot – Scotland’s first equity and loan crowdfunding platform set for launch

Squareknot – Scotland’s first equity and loan crowdfunding platform set for launch

Scotland’s first equity and loan crowdfunding platform is hosting its official launch event in Glasgow next week. Squareknot, founded by chartered accountant Derek Bond, will offer investors the opportunity to back businesses through a combination of equity, loan and reward-based funding. Bond, a former finance director with John R Weir Mercedes – recently sold to Arnold Clark – has launched the venture in partnership with the father-and-son entrepreneurs, Brian Smillie Snr and Brian Smillie Jnr. The idea for Squareknot came about when the Smillie’s approached Bond with a view to raising seed funding for a a retail clothing business venture. Bond said: “The Smillies’ had been…

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FCA warns investors in Bubble & Balm could lose their money

FCA warns investors in Bubble & Balm could lose their money

Savers are being warned of the dangers of giving cash to start-up firms through ‘crowdfunding’ websites — as they could lose all their money. The UK’s financial watchdog, the Financial Conduct Authority, is set to clamp down on sites offering shares of fledgling businesses to small investors as a way for these companies to get their hands on cash. Savers who lent money to start-up firm Bubble & Balm on a ‘money exchange’ website recently learned they could lose all their cash. The FCA has already warned the public these companies are risky — and is reviewing how crowdfunding is regulated to make sure investors know…

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Tread carefully on equity crowdfunding

Tread carefully on equity crowdfunding

State bill has both advantages and pitfalls. To cut down on fraud during the Great Depression, Washington banned private companies from soliciting investments from the general public. Since then, only relatively wealthy people — those who qualify as “accredited investors” by virtue of income or assets — have been able to buy shares of companies not listed on a public stock exchange. The passage in early 2012 of the federal JOBS Act — short for Jumpstart Our Business Startups — was intended to change that. Among other things, the JOBS Act embraced “crowdfunding” as a way for privately held companies, usually start-ups, to raise money from…

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