Crowdfunding "A Real Alternative For Savings" - UKCFA in FT


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Crowdfunding is a "real alternative" to low-yielding bank deposits

Exciting times in the world of crowdfunding. As the Financial Times puts it (subscription required): "Crowdfunding's rise to prominence has been remarkable. In little more than a decade, it has become a recognised way for companies, both young and established, to raise finance from a wide body of investors using the power of the internet..."

"Over 12 months, the alternative finance market grew by 91 per cent to reach £939 million in 2013, according to a report by Nesta. It is expected to top £1.6 billion this year, the think-tank reports, though this represents a tiny fraction of conventional bank lending."

Credit for companies is very important, of course. But crowdfunding is very much a two-way street. Here's the FT's analysis of what the crowd – the lenders, the crowd who provide funding to companies – get out of the deal: "As an investment case, crowdfunding has matured.

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"'This isn't a 50 quid punt any more,' says Julia Groves, chairwoman of the UK Crowdfunding Association, a trade body set up last year. 'This is a real alternative for your savings, which aren't getting much in the way of interest payments at the moment.'"

Exciting times, indeed.

**** Check out the latest, A-rated company with a loan offering a gross indicative yield of over 8 per cent.

**** Money&Co.'s communications director, Martin Baker, will be speaking at a UK Crowdfunding Association event on Thursday – a short, light talk on "How Not To Do Crowdfunding". See you there!



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Disclaimer: Money&Co.™ is the trading name of Denmark Square Limited, Company Number 08561817, registered in England & Wales, authorised and regulated by the Financial Conduct Authority (FCA). The company is identified on the Financial Services Register under Reference Number 727325. The registered office is 58 Glentham Road, Barnes, London, SW13 9JJ where the register of Directors may be inspected. Denmark Square Limited (ISA manager reference number Z1932) manages the Money&Co. Innovative Finance ISA.