FSA gives green light to online crowdfunding platform

The Financial Services Authority (FSA) has for the first time approved a crowdfunding website facilitating direct investment in small businesses. It means investors using the website, Crowdcube, will now be able to claim compensation from the Financial Services Compensation Scheme and access the Financial Ombudsman Service if they have a complaint.

The opinion here at The House Crowd is that it’s good to see a regulator starting to approve dynamic forms of financing like crowdfunding. As demonstrated by our unique business model, crowdfunding can provide great returns for all, in a safe, transparent way.

Currently, as The House Crowd doesn’t fall under the definition of either a CIS (Collective Investment Schemes) or OEIC (Open Ended Investment Companies), we do not require the FSA’s authorisation to operate.  However, even though we are not FSA regulated, we do everything we can to ensure that all our dealings are as transparent as possible and that investors are made fully aware of the risks as well as the rewards in any investment. We also ensure your money is protected as far as possible – you never pay money directly to us, all investment monies are paid to a solicitor’s client account and held there until the property is purchased and your shares are issued.

The House Crowd is a brand new concept in property investment which allows people to invest small amounts via crowdfunding (for more information on the process, visit www.http://thehousecrowd.com/thehousecrowd//how-it-works/). We are committed to breathing life into empty, rundown properties whilst giving investors great returns on their investments (for more information about us, visit www.http://thehousecrowd.com/thehousecrowd//about/our-manifesto/). If you’ve read enough and want to invest now, visit www.http://thehousecrowd.com/thehousecrowd//invest-in-property/).

Kickstarter kicks off in the UK

Earlier in the year, we blogged about the creative project funding platform, Kickstarter, announcing plans to launch UK operations in Q4 of 2012. Now, we’re delighted to report Kickstarter has kept to its word, launched successfully on our shores and begun offering our savvy entrepreneurs, artists and other creative groups a platform on which to pitch for much-needed investment via crowdfunding.

The success of Kickstarter across the pond cannot be underestimated – since its launch on April 28, 2009, over 350,000,000USD has been pledged by more than 2.5 million people, funding more than 300,000 bright ideas.

In our opinion, the arrival of Kickstarter on our shores should be welcomed with open arms. It has the potential to coax the very best of our budding entrepreneurs out of the woodwork and provide a necessary shake-up of common perceptions about the importance of crowdfunding, to our already shell-shocked economy. Furthermore, Kickstarter allows everyday people with great ideas, who are perhaps lacking the self-assurance to commit wholly to their creative idea, to essentially “ask the crowd” to gauge the value of their start-up business or creative visions, and hopefully, obtain that all-important vote of confidence.

Now, more than ever, we need to look to fair and transparent methods of investing together to help give a much needed jumpstart to our stalled economy, where investment funds are becoming as hard to find as a credible political party. Here at The House Crowd, we’re confident Kickstarter is an ideal platform from which to do this.

The House Crowd is a brand new concept in property investment which allows people to invest small amounts via crowdfunding (for more information on the process, visit www.http://thehousecrowd.com/thehousecrowd//how-it-works/). We are committed to breathing life into empty, rundown properties whilst giving investors great returns on their investments (for more information about us, visit www.http://thehousecrowd.com/thehousecrowd//about/our-manifesto/). If you’ve read enough and want to invest now, visit www.http://thehousecrowd.com/thehousecrowd//invest-in-property/).

Crowdfunding hits Dubai as the worldwide phenomenon continues to spread

An article in Arabian Business on Sunday , had us enthralled as we read of further international growth of crowdfunding.  Click here to read the article.

According to the report, in the last month alone, two Dubai-based crowdfunding firms, Eureeca and Aflamnah, have launched. In the week following its launch, Eureeca received more than 65 enquiries from companies seeking investment and as many from investors looking to fund. So, what might this mean for the crowdfunding world? We’re think it’s safe to say that this is yet another example of the influence crowdfunding is having on a global scale.

Indeed, research firm Massolution forecasts that crowdfunding will raise $2bn worldwide this year, up from just $530m in 2009. In addition, it also expects the amount of crowdfunding platforms to increase to 530 by the end of the year, up from 452 in April.

As always, there are critics for the crowdfunding approach to raising capital but statistics rarely lie, and the figures being produced and the results being achieved internationally by crowdfunding is enough to convince us (why else would we have set up our own property investment company based on this model?).

Of course, the proof is in the pudding and as our first project heads towards its final phase, we will be reporting back on our own results and what was achieved by the sale of the UK’s first crowdfunded property purchase.

The House Crowd is a brand new concept in property investment which allows people to invest small amounts via crowdfunding (for more information on the process, visit www.http://thehousecrowd.com/thehousecrowd//how-it-works/). We are committed to breathing life into empty, rundown properties whilst giving investors great returns on their investments (for more information about us, visit www.http://thehousecrowd.com/thehousecrowd//about/our-manifesto/). If you’ve read enough and want to invest now, visit www.http://thehousecrowd.com/thehousecrowd//invest-in-property/)

Could This Be The Largest Crowdfunded Charity Project In The World?

Could This Be The Largest Crowdfunded Charity Project In The World?

News is filtering through to The House Crowd HQ that a new viral philanthropy project, named “7 Million Acts of Love“, is aiming to become the world’s largest crowdfunded charity project. Every day we are hearing of exciting new initiatives which are utilising the crowdfunding model, and this one, in particular, excites us.

The brains behind the idea is Max Sidorov, the man who is probably best known for the IndieGoGo campaign he began that raised over £600,000 for a bullied bus monitor in America. Sidorov is aiming to create ‘the largest crowdfunded charity project in the world’, with a goal of raising $7million to support social good causes, with a particular focus on bullying initiatives.

Any example of crowdfunding in action is positive, however, we think this is a particularly fantastic idea as it really demonstrates how the concept can be used to make a difference within our communities and also further social causes – so well done to Max!

About Crowdfunding

Crowdfunding has become a huge phenomenon in recent years. It has built new inventions and businesses from the ground up by harnessing ‘people power’ to democratise how we grow businesses and the economy at large. It has also helped countless artists and creators from all walks to gain exposure for their work, and get a leg up with their career.

Most famously, however, the vehicle has been used for many a crowdfunded charity project, giving good causes a platform for exposure and to generate more donations than ever before.

Property crowdfunding is now taking the investment world by storm, following our brave debut onto the scene in 2012. We were the first (and continue to be the best) platform for property crowdfunding.

We are proud to offer better returns on investment than many other investment models, and allow people previously locked out of the property market to benefit from the lucrative world of property investment. What’s more, we’re helping bring much-needed new homes across the Greater Manchester area.

For more information on the process of getting involved with property crowdfunding, visit our Crowdfunding Process page.

We are committed to breathing life into empty, rundown properties whilst giving investors great returns on their investments.

To find out more about getting great returns on investment with The House Crowd, start by getting to know us here.