Statistics

UK crowdfunding market raises £1700 an hour

UK crowdfunding market raises £1700 an hour

05 March 2014 – FineExtra – More than £1700 an hour is being raised in the UK through crowdfunding, according to figures from the Crowdfunding Centre, which is now calling for greater government support for the burgeoning alternative finance market. Since the beginning of the year more than 260 equity and rewards projects have been launched, attracting pledges of around £5.7 million. Successful projects have raised £9500 each – a total of £2.4 million. The numbers may be tiny but with many small- and medium-sized businesses struggling to raise capital from traditional high street lenders, the government has been keen to talk up alternatives. Last month…

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Kickstarter vs. Indiegogo top crowdfunding platform statistics

TheCrowd-funders

A few weeks back, two developers, Jonathan Lau and Edward Junprung, claimed that successful Kickstarter campaigns have raised more than six times more money than Indiegogo campaigns. We need to take the findings with a grain of salt, since Indiegogo doesn’t publicly share data, and the company has vociferously disputed Lau and Junprung’s conclusions. While most would assume Kickstarter is the bigger crowdfunding platform, if it’s six-times ahead of its closest competitor it isn’t just “leading the space.” It’s total domination. Indiegogo says this is completely bogus, but told us it won’t be dragged into a game of he ‘said, she said’ and coerced into releasing proprietary data just to…

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Crowdfunding in the EU – Exploring the added value of potential EU action

Crowdfunding in the EU – Exploring the added value of potential EU action

  EU CrowdFunding Objective ? The European Commission is launching a consultation to explore the added value of potential EU action.  This information will be available after the closing of the consultation period. In the interests of transparency, organisations are invited to provide the public with relevant information about themselves by registering in the Interest Representative Register and subscribing to its Code of Conduct. If the organisation is not registered, the submission will be published separately from the registered organisations.  How to submit your contribution View the contributions This information will be available after the closing of the consultation period. In the interests of transparency, organisations are invited to provide the…

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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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Web ad killer AdBlock launches crowdfunding initiative

Web ad killer AdBlock launches crowdfunding initiative

AdBlock, the company behind the AdBlock Chrome extension that block out Internet advertising, is going meta after it launched a crowdfunding initiative to raise a minimum of $25,000 for an advertising campaign of its own. AdBlock has launched a 30 day donation push to finance a promotional campaign that will use the very medium that it restricts: Web ads. “We’re going to use ads to get rid of ads,” the campaign page explains. “We will use the money raised to make AdBlock banner ads and video commercials, and we will show these across the Internet to people who don’t have AdBlock.” The donation page quietly went live this weekend —…

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